CONEXANT SYSTEMS (CNXT-Nasdaq): Technical Viewpoint: From a low of $20.44 on Oct 26, 2000 prices rallied, reaching a high of $33 1/2 on Nov 15, 2000. A decline saw prices pull back, reaching a low of $19 5/8 on Nov 30, 2000. Another rally saw prices penetrate resistance, closing 12/12/00 at $32 1/8. Technicals: MACD Index (MACD): A Buy Alert! was given on Dec 6, 2000 when the solid line crossed the dotted line to the upside. Support: Remains at $25.00. Resistance: Is at $36 1/4. Point & Figure: Reversed to the upside on Dec 8, 2000. A P&F upside reversal takes place at $28 3/4. Summary: Technical indicators have turned bullish. BUY! CONEXANT SYSTEMS (CNXT-Nasdaq) @ $33 1/8 Stop: Use a protective stop of $30 5/8. CONEXANT SYSTEMS is currently trading @ $32 1/8 plus $3.44 on Dec 11, 2000. Price Objective: $46 1/4. Risk/Reward: $2 1/2 VS. $13 1/8. Today's Risk Reward Ratio: 5:1