CLEAR CHANNEL COMM INC (CCU-NYSE): Technical Viewpoint: From a low of $36.99 on Oct 30, 2001 prices rallied, reaching a high of $49.09 on Nov 15, 2001. A decline saw prices pull back, reaching a low of $44.23 on Nov 29, 2001. Another rally saw prices penetrate resistance, closing 12/4/01 at $47.64. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 13, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $46.00. Resistance: Is at $48.75. Point & Figure: Reversed to the upside on Nov 30, 2001. A P&F upside reversal takes place at $. Summary: Technical indicators have turned bullish. BUY! CLEAR CHANNEL COMM INC (CCU-NYSE) @ $47.88 Stop: Use a protective stop of $45.13. CLEAR CHANNEL COMM INC is currently trading @ $47.64 plus $1.47 on Dec 4, 2001. Price Objective: $58.00. Risk/Reward: $2.75 VS. $10.13. Today's Risk Reward Ratio: 4:1