MEDTRONIC INC (MDT-NYSE): Technical Viewpoint: From a low of $41.00 on May 23, 2001 prices rallied, reaching a high of $45.50 on Jun 8, 2001. A decline saw prices pull back, reaching a low of $43.30 on Jun 15, 2001. Another rally saw prices penetrate resistance, closing 6/19/01 at $46.71. Technicals: Momentum Index (MTM): A Buy Alert! was given on Jun 6, 2001 when the solid line crossed the dotted line to the upside. Support: Remains at $43.50. Resistance: Is at $47.50. Point & Figure: Reversed to the upside on Jun 8, 2001. A P&F upside reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! MEDTRONIC INC (MDT-NYSE) @ $47.12 Stop: Use a protective stop of $44.62. MEDTRONIC INC is currently trading @ $46.71 plus $1.69 on Jun 19, 2001. Price Objective: $61.00. Risk/Reward: $2.50 VS. $19.88. Today's Risk Reward Ratio: 8:1