AMBAC FINANCIAL GROUP (ABK-NYSE): Technical Viewpoint: From a low of $54.60 on Mar 1, 2001 prices rallied, reaching a high of $61.85 on Mar 8, 2001. A decline saw prices pull back, reaching a low of $55.00 on Mar 22, 2001. Another rally saw prices penetrate resistance, closing 3/30/01 at $63.43. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Mar 31, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $55.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 26, 2001. A P&F upside reversal takes place at $61.50. Summary: Technical indicators have turned bullish. BUY! AMBAC FINANCIAL GROUP (ABK-NYSE) @ $64.12 Stop: Use a protective stop of $61.50. AMBAC FINANCIAL GROUP is currently trading @ $63.43 plus $2.48 on Mar 31, 2001. Price Objective: $82.00. Risk/Reward: $2.62 VS. $17.88. Today's Risk Reward Ratio: 7:1