SCHLUMBERGER LTD (SLB-NYSE): Technical Viewpoint: From a low of $38.01 on Oct 29, 2002 prices rallied, reaching a high of $43.70 on Nov 7, 2002. A decline saw prices pull back, reaching a low of $38.88 on Oct 13, 2002. Another rally saw prices penetrate resistance, closing 12/2/02 at $46.11. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 23, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $44.00. Resistance: Is at $46.90. Point & Figure: Reversed to the upside on Nov 21, 2002. A P&F upside reversal takes place at $43.00. Summary: Technical indicators have turned bullish. BUY! SCHLUMBERGER LTD (SLB-NYSE) @ $46.50 Stop: Use a protective stop of $44.50. SCHLUMBERGER LTD is currently trading @ $46.11 plus $1.86 on Dec 2, 2002. Price Objective: $61.00. Risk/Reward: $2.00 VS. $14.50. Today's Risk Reward Ratio: 7:1