LEVEL 3 COMMUNICATIONS (LVLT-Nasdaq): Technical Viewpoint: From a low of $29 1/4 on Jan 3, 2001 prices rallied, reaching a high of $50.06 on Jan 17, 2001. A decline saw prices pull back, reaching a low of $41.94 on Jan 19, 2001. Another rally saw prices penetrate resistance, closing 1/24/01 at $49.69. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jan 10, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $42 1/2. Resistance: Is at $52 1/2. Point & Figure: Reversed to the upside on Jan 22, 2001. A P&F upside reversal takes place at $46 1/4. Summary: Technical indicators have turned bullish. BUY! LEVEL 3 COMMUNICATIONS (LVLT-Nasdaq) @ $50 1/8 Stop: Use a protective stop of $47 1/2. LEVEL 3 COMMUNICATIONS is currently trading @ $49.69 plus $3.31 on Jan 24, 2001. Price Objective: $72.00. Risk/Reward: $2 5/8 VS. $21 7/8. Today's Risk Reward Ratio: 8:1