P-COM INCORPORATED (PCMS-Nasdaq): Technical Viewpoint: From a high of $3 3/4 on Jun 14, 1999 prices declined, reaching a low of $6 3/4 on Jul 9, 1999. A rally saw prices pull back, reaching a high of $3 7/8 on Aug 5, 1999. Another decline saw prices penetrate support, closing 9/15/99 at $7.22. Technicals: MACD-Histogram (MACD-H): A Sell Alert! was given on Sep 9, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $6.00. Resistance: Is at $8 1/4. Point & Figure: Reversed to the downside on Sep 15, 1999. A P&F downside reversal takes place at $6 1/2. Summary: Technical indicators have turned bearish. SELL! P-COM INCORPORATED (PCMS-Nasdaq) @ $7 3/8 Stop: Use a protective stop of $6 3/8. P-COM INCORPORATED is currently trading @ $7.22 minus $1.22 on Sep 15, 1999. Price Objective: $13.00. Risk/Reward: $1.00 VS. $5 7/8. Today's Risk Reward Ratio: 6:1