NEWPORT CORP (NEWP-Nasdaq): Technical Viewpoint: From a low of $24 7/8 on Dec 1, 1999 prices rallied, reaching a high of $46.06 on Dec 21, 1999. A decline saw prices pull back, reaching a low of $39.31 on Dec 28, 1999. Another rally saw prices penetrate resistance, closing 1/4/00 at $49 5/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 22, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $40.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jan 4, 2000. A P&F upside reversal takes place at $46.00. Summary: Technical indicators have turned bullish. BUY! NEWPORT CORP (NEWP-Nasdaq) @ $50 1/8 Stop: Use a protective stop of $47 1/4. NEWPORT CORP is currently trading @ $49 5/8 plus $6.69 on Jan 4, 2000. Price Objective: $63.00. Risk/Reward: $2 7/8 VS. $13 3/8. Today's Risk Reward Ratio: 4:1