SHAW GROUP INC (SGR-NYSE): Technical Viewpoint: From a low of $25.50 on Apr 8, 2002 prices rallied, reaching a high of $33.75 on Apr 17, 2002. A decline saw prices pull back, reaching a low of $29.80 on Apr 19, 2002. Another rally saw prices penetrate resistance, closing 4/23/02 at $32.99. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Feb 27, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $29.80. Resistance: Is at $33.75. Point & Figure: Reversed to the upside on Apr 23, 2002. A P&F upside reversal takes place at $30.00. Summary: Technical indicators have turned bullish. BUY! SHAW GROUP INC (SGR-NYSE) @ $33.38 Stop: Use a protective stop of $30.88. SHAW GROUP INC is currently trading @ $32.99 plus $1.99 on Apr 23, 2002. Price Objective: $48.00. Risk/Reward: $2.50 VS. $14.63. Today's Risk Reward Ratio: 6:1