APPLIED MATERIALS INC (AMAT-Nasdaq): Technical Viewpoint: From a low of $41 1/2 on Dec 30, 1998 prices rallied, reaching a high of $57 5/8 on Jan 8, 1999. A decline saw prices pull back, reaching a low of $49 1/4 on Jan 13, 1999. Another rally saw prices penetrate resistance, closing 2/8/99 at $67.44. Technicals: Momentum Index (MTM): A Buy Alert! was given on Feb 8, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $57.00. Resistance: Is at $69 3/4. Point & Figure: Reversed to the upside on Feb 8, 1999. A P&F upside reversal takes place at $63.00. Summary: Technical indicators have turned bullish. BUY! APPLIED MATERIALS INC (AMAT-Nasdaq) @ $67 3/4 Stop: Use a protective stop of $64 7/8. APPLIED MATERIALS INC is currently trading @ $67.44 plus $6 3/4 on Feb 9, 1999. Price Objective: $94.00. Risk/Reward: $2 7/8 VS. $26 1/4. Today's Risk Reward Ratio: 9:1