INT'L BUSINESS MACHINES (IBM-NYSE): Technical Viewpoint: From a low of $87.10 on Mar 22, 2001 prices rallied, reaching a high of $100.00 on Mar 27, 2001. A decline saw prices pull back, reaching a low of $90.05 on Apr 4, 2001. Another rally saw prices penetrate resistance, closing 4/17/01 at $99.70. Technicals: MACD Index (MACD): A Buy Alert! was given on Mar 27, 2001 when the solid line crossed the dotted line to the upside. Support: Remains at $96.25. Resistance: Is at $97.50. Point & Figure: Reversed to the upside on Apr 9, 2001. A P&F upside reversal takes place at $94.00. Summary: Technical indicators have turned bullish. BUY! INT'L BUSINESS MACHINES (IBM-NYSE) @ $100.12 Stop: Use a protective stop of $97.25. INT'L BUSINESS MACHINES is currently trading @ $99.70 plus $2.95 on Apr 17, 2001. Price Objective: $109.00. Risk/Reward: $2.87 VS. $8.88. Today's Risk Reward Ratio: 3:1