RED HAT INC (RHAT-Nasdaq): Technical Viewpoint: From a low of $210.00 on Dec 15, 1999 prices rallied, reaching a high of $268.81 on Dec 20, 1999. A decline saw prices pull back, reaching a low of $211.00 on Dec 31, 1999. Another rally saw prices penetrate resistance, closing 1/7/00 at $264 1/2. Technicals: Momentum Index (MTM): A Buy Alert! was given on Jan 7, 2000 when the solid line crossed the dotted line to the upside. Support: Remains at $228 1/4. Resistance: Is at $294.00. Point & Figure: Reversed to the upside on Jan 7, 2000. A P&F upside reversal takes place at $255.00. Summary: Technical indicators have turned bullish. BUY! RED HAT INC (RHAT-Nasdaq) @ $267 1/2 Stop: Use a protective stop of $263 7/8. RED HAT INC is currently trading @ $264 1/2 plus $36.00 on Jan 7, 2000. Price Objective: $360.00. Risk/Reward: $3 5/8 VS. $92 1/2. Today's Risk Reward Ratio: 25:1