VIRATA CORP (VRTA-Nasdaq): Technical Viewpoint: From a low of $30 1/2 on May 24, 2000 prices rallied, reaching a high of $57.81 on Jun 5, 2000. A decline saw prices pull back, reaching a low of $42.00 on Jun 19, 2000. Another rally saw prices penetrate resistance, closing 7/11/00 at $66 3/4. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 6, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $52.00. Resistance: Is at $72.00. Point & Figure: Reversed to the upside on Jul 10, 2000. A P&F upside reversal takes place at $61 1/2. Summary: Technical indicators have turned bullish. BUY! VIRATA CORP (VRTA-Nasdaq) @ $67 1/8 Stop: Use a protective stop of $64 3/8. VIRATA CORP is currently trading @ $66 3/4 plus $8 1/4 on Jul 11, 2000. Price Objective: $92.00. Risk/Reward: $2 3/4 VS. $24 7/8. Today's Risk Reward Ratio: 9:1