DELL COMPUTER CO (DELL-Nasdaq): Technical Viewpoint: From a low of $35 3/4 on Jul 1, 1999 prices rallied, reaching a high of $44 5/8 on Jul 16, 1999. A decline saw prices pull back, reaching a low of $37.56 on Aug 5, 1999. Another rally saw prices penetrate resistance, closing 8/31/99 at $48.81. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 7, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $45.00. Resistance: Is at $49.00. Point & Figure: Reversed to the upside on Aug 11, 1999. A P&F upside reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! DELL COMPUTER CO (DELL-Nasdaq) @ $49 1/8 Stop: Use a protective stop of $46 1/2. DELL COMPUTER CO is currently trading @ $48.81 plus $2 1/2 on Aug 31, 1999. Price Objective: $66 1/4. Risk/Reward: $2 5/8 VS. $17 1/8. Today's Risk Reward Ratio: 6:1