* Today's Sector Analysis: "Software " Institutional Technical Viewpoint
Buy Alert! Ariba Inc  (ARBA): $236 1/8 Stop.  $232 7/8 P-Stop  $296.00 P-Objective
Dow Jones Ind: 11,106.65 minus 118.36 points Dec 7, 1999 * Price Objective: 13,200    Volume Two No. 930
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
12/8/99
PRICE
OBJ
CLOSE
PRICE
CELL BRIGHTPOINT INC BUY! *   RSI: 63 $13.12 $11.62 $20.00 $12.56
* CORL COREL CORP BUY! *   RSI: 67 $22.87 $20.87 $27.00 $22.69
COVD COVAD COMMUNICATIONS BUY! *   RSI: 52 $60.25 $57.38 $75.00 $60.12
DIGL DIGITAL LIGHTWAVE BUY! RSI: 77 $53.12 $50.25 $NONE $52.25
GEMS GLENAYRE TECHNOL BUY! RSI: 75 $ 8.12 $7.12 $17.50 $7.87
PSIX PSINET INC BUY! *   RSI: 69 $61.12 $58.38 $85.50 $60.00
RHAT RED HAT INC BUY! RSI: 76 $290.87 $287.50 $369.50 $284.12
VERT VERTICALNET INC BUY! *   RSI: 69 $110.87 $107.75 $144.00 $110.00
Software   ESFT: $39 1/8  GWRX: $10 1/2  IARC: $7 7/8 Buy Alerts  DVNT: $25 1/4  DWTI: $6 1/4  VONE: $7 3/4

EXODUS COMMUNICATIONS (EXDS-Nasdaq): Technical Viewpoint: From a low of $85.44 on Nov 11, 1999 prices rallied, reaching a high of $130 1/8 on Nov 26, 1999. A decline saw prices pull back, reaching a low of $105 3/8 on Dec 2, 1999. Another rally saw prices penetrate resistance, closing 12/7/99 at $144 1/2. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 26, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $110.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Dec 3, 1999. A P&F upside reversal takes place at $117 1/2. Summary: Technical indicators have turned bullish. BUY! EXODUS COMMUNICATIONS (EXDS-Nasdaq) @ $146 3/8 Stop: Use a protective stop of $143 1/8. EXODUS COMMUNICATIONS is currently trading @ $144 1/2 plus $20.69 on Dec 7, 1999. Price Objective: $187 1/4. Risk/Reward: $3 1/4 VS. $40 7/8. Today's Risk Reward Ratio: 12:1


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