NAT'L SEMICONDUCTOR (NSM-NYSE): Technical Viewpoint: From a low of $32 1/2 on Nov 10, 1999 prices rallied, reaching a high of $51 7/8 on Dec 9, 1999. A decline saw prices pull back, reaching a low of $39 1/8 on Jan 6, 2000. Another rally saw prices penetrate resistance, closing 1/25/00 at $52.56. Technicals: MACD Index (MACD): A Buy Alert! was given on Jan 25, 2000 when the solid line crossed the dotted line to the upside. Support: Remains at $47 1/2. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jan 25, 2000. A P&F upside reversal takes place at $50.00. Summary: Technical indicators have turned bullish. BUY! Nat'l Semiconductor (NSM-NYSE) @ $53 7/8 Stop: Use a protective stop of $50 7/8. Nat'l Semiconductor is currently trading @ $52.56 plus $6.06 on Jan 25, 2000. Price Objective: $67.00. Risk/Reward: $3.00 VS. $13 1/8. Today's Risk Reward Ratio: 4:1