CHKP Check Point Software Technologies Inc

MORNING UPDATE: Man Securities Issues Alerts for EBAY, AA, CAT, CHKP, and KGC CHICAGO, May 11 /PRNewswire/ -- Man Securities issues the following Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks. (Logo: http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO ) Before the open... PriceWatch Alerts for EBAY, AA, CAT, CHKP, and KGC, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "We've got very strong fundamentals. Corporate earnings are going up, up and away." -- Alfred Goldman, chief market strategist, A.G. Edwards & Sons New PriceWatch Alerts for EBAY, AA, CAT, CHKP, and KGC... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- eBay Inc. (NASDAQ:EBAY) Last Price 77.53 - JUL 75.00 CALL OPTION@ $6.10 -> 5 % Return assigned* -- Alcoa Inc. (NYSE:AA) Last Price 29.46 - JUL 27.50 CALL OPTION@ $3.10 -> 4.3 % Return assigned* -- Caterpillar Inc. (NYSE:CAT) Last Price 72.88 - AUG 70.00 CALL OPTION@ $5.90 -> 4.5 % Return assigned* -- Check Point Software Technologies Ltd. (NASDAQ:CHKP) Last Price 22.56 - JUN 22.50 CALL OPTION@ $1.20 -> 5.3 % Return assigned* -- Kinross Gold Corp. (NYSE:KGC) Last Price 5.14 - AUG 5.00 CALL OPTION@ $0.60 -> 10.1 % 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 need to 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 are refreshingly positive this morning with all 15 of our selected group in agreement to the upside. The cumulative average return on the collective stands at a positive 0.679 percent. Japan's index of leading economic indicators stood at 80.0 in March, in line with expectations and well ahead of the boom-bust demarcation level of 50. The pair of weekly reports on the health of the retail sector pretty well represents today's economic calendar. On the previous week the ICSC-UBS Store Sales Index rose by 1.5 percent, while the Redbook Retail Sales for the same period jumped by a hefty 5.0 percent. The important monthly retail and sales report will be released on Thursday. That is the report which will hold investor attention. A key earnings report which many think will be the salvation of the tech-sector won't be released until after today's market close, at which time Cisco Systems offers up its third quarter numbers. Analysts currently agree that the company will report 18-cents per share. That report could well set the mood for Wednesday's trade. Be prepared for the investing week ahead with Bernie Schaeffer's FREE Monday Morning Outlook. For more details and to sign up, go to: http://www.investorsobserver.com/freemo DYNAMIC MARKET OPPORTUNITIES As crude oil prices drive relentlessly past $40 a barrel, the global markets ran for their lives yesterday. Morgan Stanley's Asia-Pacific Index slid 5.5%, as Japan's Nikkei extended its losing streak to six days with a 554-point plunge (4.8%). Hong Kong fared little better, sinking 425 points (3.5%). South Korea's index shed 48 points (5.7%), while Taiwan's exchange lost 215 points (3.5%), and India's BSE 30 slipped 113 points (2%). The International Energy Agency says a $10 jump in prices, if sustained over a year, could slice 0.8% from the region's GDP. That's because several economies depend on oil imports to drive growth. But the fast-growing Indian economy could suffer most, since it imports 70% of its oil. Contrastingly, Asia's oil exporting countries like Malaysia and Indonesia could benefit from higher prices. Elsewhere, the Lundberg Survey says the average nationwide price for U.S. gasoline rose 10 cents last week to $1.96 per gallon - the biggest weekly increase since August 2003. British Airways also warned it may implement a fuel surcharge, as it expects to pay an additional 100 million pounds sterling on fuel costs this year. Even the oil-rich Saudis - OPEC's largest producer - say $40 oil is a "major concern" and proposed the cartel raise supplies by 1.5 million barrels per day to prevent a GDP slowdown. They have the backing of No. 2 producer Iran, plus Kuwait and the UAE. The move could be ratified at OPEC's June 3 meeting. Christian DeHaemer and Ian Cooper, investment experts at Taipan's Extreme Volatility Speculator group (EVS), are profiting from oil's surge. After buying June Puts on Energy Select Sector on March 9, they sold at the bottom on March 24, giving their investors as much as 150% gains. The EVS team is up an average of 14% per recommendation in 2004 - simply by trading on company/industry speculation and "selling the news" when it hits the mainstream media. To find out more about the EVS group simply follow this link: http://www.investorsobserver.com/agora8 TODAY'S ECONOMIC CALENDAR 7:45 a.m.: ICSC-UBS Store Sales Index for the week ending May 8 (last plus 1.5 percent). 8:55 a.m.: Redbook Retail Sales for the week ending May 8 (last plus 5.0 percent). 10:00 a.m.: April Richmond Fed Manufacturing Index (last plus 30). 2:30 p.m.: Philadelphia Federal Reserve President Santomero speaks on economic outlook, policy in New York. 6:30 p.m.: ABC/Money Magazine Consumer Confidence Index for the week ending May 9 (last minus 11). 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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