CONEXANT SYSTEMS (CNXT-Nasdaq): Technical Viewpoint: From a low of $58 7/8 on Nov 30, 1999 prices rallied, reaching a high of $76.19 on Dec 9, 1999. A decline saw prices pull back, reaching a low of $53.00 on Jan 7, 2000. Another rally saw prices penetrate resistance, closing 1/14/00 at $74 1/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jan 16, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $63.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jan 14, 2000. A P&F upside reversal takes place at $70.00. Summary: Technical indicators have turned bullish. BUY! CONEXANT SYSTEMS (CNXT-Nasdaq) @ $76 3/8 Stop: Use a protective stop of $73 1/2. CONEXANT SYSTEMS is currently trading @ $74 1/8 plus $5 5/8 on Jan 14, 2000. Price Objective: $108.00. Risk/Reward: $2 7/8 VS. $31 5/8. Today's Risk Reward Ratio: 11:1