CECO CECO Environmental Corporation

MORNING UPDATE: Man Securities Issues Alerts for JNPR, SUPG, VXGN, CECO, and MXT CHICAGO, March 15 /PRNewswire/ -- Man Securities issues the following Morning Update at 8:30 AM EST with new PriceWatch Alerts for key stocks. (Logo: http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO ) Before the open... PriceWatch Alerts for JNPR, SUPG, VXGN, CECO, and MXT, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "This correction is healthy; it'll scare some money out of this market, which is good." -- Harry Clark, president, Clark Capital Management Group New PriceWatch Alerts for JNPR, SUPG, VXGN, CECO, and MXT... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Juniper Networks Inc. (NASDAQ:JNPR) Last Price 25.81 - APR 25.00 CALL OPTION@ $2.30 -> 6.3 % Return assigned* -- SuperGen Inc. (NASDAQ:SUPG) Last Price 9.84 - APR 7.50 CALL OPTION@ $2.80 -> 6.5 % Return assigned* -- VaxGen, Inc. (NASDAQ:VXGN) Last Price 11.15 - APR 10.00 CALL OPTION@ $1.55 -> 4.2 % Return assigned* -- Career Education Corp. (NASDAQ:CECO) Last Price 46.47 - APR 45.00 CALL OPTION@ $3.90 -> 5.7 % Return assigned* -- Metris Companies Inc. (NYSE:MXT) Last Price 5.57 -APR 5.00 CALL OPTION@ $0.80 -> 4.8 % Return assigned* * To learn more about how to use these alerts and for our FREE report, "The 18 Warning Signs That Tell You When To Dump A Stock", go to: http://www.investorsobserver.com/mu18 (Note: You may needto copy the link above into your browser then press the [ENTER] key) ** For the FREE report, "The Secrets of Smart Election Year Investing - Insights, Stocks, And Strategies." go to: http://www.investorsobserver.com/FREEelection NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW Overseas markets continue to trade in the grip of fear of continued acts of terrorism, as just three of the 15 markets that we track are currently positive. The cumulative average return on the group stands at a minus 0.755 percent. While I am not qualified to discuss the topic, it would appear the Spanish populace bowed to the most recent act of terrorism, shifting their position on this weekend's presidential election. A surprise shift in sentiment elected Opposition Socialist leader Jose Luis Rodriguez Zapatero as the country's new Prime Minister. Also bowing to the dark hand of terrorism, the Spain IBEX 35 is dragging our overseas collective lower, trading off some 3.24 percent. U.S. futures trade is not offering up any moral support either. Before the market open today, the March Empire State Manufacturing Index is scheduled for release. Like many reports of late, it too is expected to slow a bit from record high levels to 38.1 from the prior month's (record) 42.05 reading. At 9:15 a.m., the release of the February Industrial Production index is expected to show a slowing to a plus 0.4 percent versus January's robust plus 0.8 percent. The companion report, February Capacity Utilization, is seen inching higher to 76.4 percent from the prior month's 76.2 percent of use. Be prepared for the investing week ahead with Bernie Schaeffer's FREE Monday Morning Outlook. For moredetails and to sign up, go to: http://www.investorsobserver.com/freemo DYNAMIC MARKET OPPORTUNITIES The stock markets in both America and Europe rebounded well after being shaken by the tragic Madrid bombings. But essentially, the U.S. rally was solidly underway before the news suggesting the bombing might be Al-Qaeda cut it short. The result was a free-fall that drove the Dow and NASDAQ to extremely oversold levels. Brit Ryle, noted market analyst at the Money Flow Matrix Trader, writes, "Dailymomentum on the NASDAQ increased Thursday, but never got to extreme territory. Daily stochastics are turning up. The volatility indices (VIX and VXN) have also spiked over the past few days. The put/call ratio, which was running above .9, finally hit a bullish crescendo at 1.20 Thursday. I think the NASDAQ has some upside coming, but it will likely be quick and could mark the highs for the next few months. My charts point to a high probability of the index rallying through 2,000 over the next 3-4 days. The 10-day moving average is at 2,025, while the 35-day and 50-day averages are zeroing in on 2,050. 2,050 is a probable target for next week, and there's an outside shot at 2,070 or even 2,100. In short, making money with calls should be the way to go through Wednesday, at least." The editorial team has prepared a special FREE REPORT for you - "America's 1,300 Fastest-Growing Companies." You can access it immediately by following this link: http://www.investorsobserver.com/agora1 TODAY'S ECONOMIC CALENDAR 8:30 a.m.: March Empire State Manufacturing Index (last 42.05). 9:15 a.m.: February Industrial Production (seen at plus 0.4 percent, last plus 0.8 percent). 9:15 a.m.: February Capacity Utilization (seen at 76.4 percent, last 76.2 percent). 1:00 p.m.: March National Association of Home Builders (NAHB) Housing Index (last 65). Man Financial Inc is one of the world's major futures and options brokers and has been recognized as a leading option order execution firm for individuals and institutions. Member CBOE/NASD/SIPC (CRD#6731). For more information and a free CD with educational tools to help you invest smarter, see http://www.investorsobserver.com/mancd This Morning Update was prepared with data and information provided by: InvestorsObserver.com -- Better Strategies for Making Money -> For Investors With a Sense of Humor. Only $1 for your first month plus seven free bonuses worth over $420, see: http://www.investorsobserver.com/must 247profits.com: You'll get exclusive financial commentary, access to a global network of experts and undiscovered stock alerts. Register NOW for the FREE 247profits e-Dispatch. Go to: http://www.investorsobserver.com/agora Schaeffer's Investment Research -- Sign up for your FREE e-weekly, Monday Morning Outlook, Bernie Schaeffer's look ahead at the markets. Sign Up Now http://www.investorsobserver.com/freemo PowerOptionsPlus -- The Best Way To Find, Compare, Analyze, and Make Money On Options Investments. For a 14-Day FREE trial and 5 FREE bonuses go to: http://www.poweroptionsplus.com/ All stocks and options shown are examples only. These are not recommendations to buy or sell any security and they do not represent in any way a positive or negative outlook for any security. Potential returns do not take into account your trade size, brokerage commissions or taxes which will affect actual investment returns. Stocks and options involve risk and are not suitable for all investors and investing in options carries substantial risk. Prior to buying or selling options, a person must receive a copy of Characteristics and Risks of Standardized Options available from Sharon at 800-837-6212 or at http://www.cboe.com/Resources/Intro.asp . Privacy policy available upon request. http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO http://photoarchive.ap.org/ DATASOURCE: Man Securities CONTACT: Michael Lavelle of Man Securities, +1-800-837-6212 Web site: http://www.mansecurities.com/mu.html

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