VERIZON COMMUNICATIONS (VZ-NYSE): Technical Viewpoint: From a low of $28.70 on Sep 9, 2002 prices rallied, reaching a high of $32.70 on Sep 12, 2002. A decline saw prices pull back, reaching a low of $26.75 on Sep 30, 2002. Another rally saw prices penetrate resistance, closing 10/1/97 at $32.90. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Sep 25, 2002 when the solid line crossed the dotted line to the upside. Support: Remains at $30.25. Resistance: Is at $33.99. Point & Figure: Reversed to the upside on Oct 2, 2002. A P&F upside reversal takes place at $30.00. Summary: Technical indicators have turned bullish. BUY! VERIZON COMMUNICATIONS (VZ-NYSE) @ $33.13 Stop: Use a protective stop of $31.13. VERIZON COMMUNICATIONS is currently trading @ $32.90 plus $2.55 on Oct 3, 2002. Price Objective: $43.75. Risk/Reward: $2.00 VS. $10.63. Today's Risk Reward Ratio: 5:1