FCS Fairchild Semiconductor International, Inc. (MM)

MORNING UPDATE: Man Securities Issues Alerts for NOK, PMCS, FCS, LEH, and MOLX CHICAGO, April 16 /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 NOK, PMCS, FCS, LEH, and MOLX, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The IBM team entered the first quarter with good momentum and delivered a solid first quarter." -- Samuel J. Palmisano, chairman and chief executive officer, IBM New PriceWatch Alerts for NOK, PMCS, FCS, LEH, and MOLX... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Nokia Corp. ADR (NYSE:NOK) Last Price 16.05 - JUL 15.00 CALL OPTION@ $1.80 -> 5.3 % Return assigned* -- PMC-Sierra Inc. (NASDAQ:PMCS) Last Price 16.62 - MAY 15.00 CALL OPTION@ $2.25 -> 4.4 % Return assigned* -- Fairchild Semiconductor (NYSE:FCS) Last Price 23.60 - MAY 22.50 CALL OPTION@ $2.05 -> 4.4 % Return assigned* -- Lehman Brothers Holdings Inc. (NYSE:LEH) Last Price 77.49 - JUL 75.00 CALL OPTION@ $5.80 -> 4.6 % Return assigned* -- Molex Inc. (NASDAQ:MOLX) Last Price 30.22 - AUG 30.00 CALL OPTION@ $2.40 -> 7.8 % 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 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 struggling a bit this morning, as nine of the 15 markets that we track are positive, but the cumulative average return on the group stands at a minus 0.144 percent. Inflation in the Euro-Zone picked up a bit in March, but remained beneath the European Central Bank's 2.0 percent target for a third consecutive month. The Consumer Price Index for March rose by 0.7 percent on the month and stood higher by 1.7 percent on a year-over- year basis. The Nikkei failed to pare up weekly closes above the 12,000 level this week, giving up 2.2 percent on the week. The index remains 10.75 percent higher in 2004. By 10 a.m. this morning, we would have heard from three Federal Reserve Presidents and the Federal Reserve Chairman himself. Starting at 8:00 a.m., Richmond Fed President Broaddus and Atlanta Fed President Guynn will make appearances. At 8:15 a.m., Fed Chairman Greenspan speaks via satellite to the Atlanta Fed conference in Sea Island, Georgia. It is not likely that his comments will be very telling on the economy and direction of interest rates, since he reappears to testify before a Joint Economic Committee of Congress on Wednesday. At that point in time he offers up his economic outlook. At 8:30 a.m., we expect to be told that March Housing Starts rose by 2.4 percent, improving over February's 4.0 percent decline. In February housing starts surprised to the downside as analysts has expected a 1.0 percent rise. February's seasonally adjusted 1.855 million annualized rate marked a second consecutive monthly decline. A key metric as a potential leading indicator as to future activity, Building Permits declined by 1.5 percent to a 1.903 million annualized rate in February. At 9:15 a.m., the Ike and Mike of matched reports, March Industrial Production Index and March Capacity Utilization are seen at plus 0.4 percent versus a prior plus 0.7 percent and 76.8 percent versus the prior 76.6 percent respectively. Before you have time to exhale, the April Preliminary University of Michigan Consumer Sentiment Index will be released at 9:45. Analysts expect a pick up to 96.8 from March's final reading of 95.6. It is possible that the recent improvement in the jobs figures will bolster the readings. Finally at 10:00 a.m.: Boston Fed President Minehan moderates discussion on immigrant access at Atlanta Fed conference at Sea Island, Georgia. If you are holding April options, make sure that you deal with them in an appropriate fashion by today's close as they then go away forever. 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 With identity theft escalating, the groundbreaking technology combating this malicious crime is growing in importance. But this technology is very new. In fact, Indiana just became the first state to utilize electronic postal marking in its legal system. Additionally, the Indiana Bureau of Motor Vehicles (BMV) is using the United States Postal Service Electronic Postmark (EPM) in conjunction with digital signature technology to certify drivers. The Electronic Postmark service allows users to search the BMV's database for a driver's record, which is then converted to an electronic document. To certify the record's accuracy, a cover letter accompanies the document and is digitally signed by the BMV commissioner. The USPS Electronic Postmark System authenticates the document and electronically delivers it to the county prosecutor, who can print the record and use it in court. Before this service was available, prosecutors waited up to six weeks for processing and delivery. Now, they can get certified records in minutes. The Indiana BMV launched the program last December, and recently won the Massachusetts Institute of Technology Digital Government Award for the most innovative prototype service. With Indiana already leading the nation in the use of technology innovations, the state's BMV estimates that 100,000 driving records could be digitally certified through the new service each year. The company behind the USPS Electronic Postmark technology is the same one highlighted by investment expert Bryan Bottarelli in a recent special report on ID theft by the Taipan Group. The success of its technology means it's likely here to stay. Imagine the effect when it's implemented in the other 49 states. The Value Edge group has written a special report on the growing problem of identity theft in America. Read the FREE REPORT here immediately: http://www.investorsobserver.com/agora5 TODAY'S ECONOMIC CALENDAR 8:00 a.m.: Richmond Fed President Broaddus speaks on the economy in Cambridge, Maryland. 8:00 a.m.: Atlanta Fed President Guynn opens Atlanta Fed conference in Sea Island, Georgia. 8:15 a.m.: Fed Chairman Greenspan speaks via satellite to Atlanta Fed conference in Sea Island, Georgia. 8:30 a.m.: March Housing Starts (last minus 4.0 percent). 9:00 a.m.: Fed Governor Bernanke speaks on immigrant remittances in Chicago. 9:15 a.m.: March Industrial Production Index (seen at plus 0.4 percent, last plus 0.7 percent). 9:15 a.m.: March Capacity Utilization (seen at 76.8 percent, last 76.6 percent). 9:45 a.m.: April Preliminary University of Michigan Consumer Sentiment Index (seen at 96.8, last 95.6). 10:00 a.m.: Boston Fed President Minehan moderates discussion on immigrant access at Atlanta Fed conference at Sea Island, Georgia. 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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