FCS Fairchild Semiconductor International, Inc. (MM)

MORNING UPDATE: Man Securities Issues Alerts for NOK, ADIC, LOW, CAH, and FCS CHICAGO, May 17 /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 NOK, ADIC, LOW, CAH, and FCS, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The risk to inflation is entirely on the upside." -- Stephen Cecchetti, professor economics, Brandeis University. New PriceWatch Alerts for NOK, ADIC, LOW, CAH, and FCS... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Nokia Corp. ADR (NYSE:NOK) Last Price 13.19 - JUL 12.50 CALL OPTION@ $1.25 -> 4.7 % Return assigned* -- Advanced Digital Information Corp. (NASDAQ:ADIC) Last Price 8.13 - SEP 7.50 CALL OPTION@ $1.30 -> 9.8 % Return assigned* -- Lowe's Companies, Inc. (NYSE:LOW) Last Price 50.58 - JUL 50.00 CALL OPTION@ $2.70 -> 4.4 % Return assigned* -- Cardinal Health Inc. (NYSE:CAH) Last Price 73.44 - SEP 70.00 CALL OPTION@ $6.20 -> 4.1 % Return assigned* -- Fairchild Semiconductor (NYSE:FCS) Last Price 18.66 - JUN 17.50 CALL OPTION@ $2.00 -> 5 % 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 extremely weak this morning with all 15 markets that we track in negative territory. The Indian stock market in Bombay crashed earlier today, losing 11 percent in the first 20 minutes of trading before being halted by the stock market regulator. Brokers said the market volatility would continue until the new government's policies, especially those on privatization of state-run companies, are made clear. Other Asian markets were weak as well with the Japanese Nikkei finishing the session lower by 3.18 percent; the Hong Kong Hang Seng lost 2.74 percent. The major European markets have all been trading lower so far today as well. Today U.S. markets are set to open lower in the wake of equity market weakness around the world after the head of the Iraqi Governing Council was killed in a suicide car bombing nearing a U.S. checkpoint in Baghdad. This is a major blow to the U.S. effort to stabilize Iraq ahead of the scheduled handover of sovereignty on June 30. Crude oil is continuing to trade above $41 per barrel. 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 Is Wall Street exhausted? After a tumultuous week for the markets last week, Friday's action was mild in comparison. There was no stopping crude oil however, which climbed to a 21-year high of $41.50 per barrel. Obviously, there's a supply/demand crunch due to lower production from OPEC nations, as well as Venezuela and Nigeria. But the ongoing strife in the Middle East seems to be the main driver of the rise at the moment. Combine that with increasing demand from recoveries in the US, Europe and Japan, not to mention China's incredible growth, and you have a recipe for ballooning prices. Given America's need for oil imports amid dwindling reserves, the trade gap unsurprisingly leapt from $42.1 billion in February to $46 billion in March -- a 9.2% monthly increase. That came despite a 2.6% export rise (a record $94.7 billion), as the weak US dollar made US goods cheaper. But imports rose 2% more than exports ($140.7 billion), as oil imports jumped 20% to a record $10.2 billion. The remarkable advance in oil prices is good news for another energy sector: natural gas. At the Taipan Group, Martin Denholm's Southwestern Energy pick is faring extremely well. Originally recommended to readers on September 30, 2003 at $17.36, the stock has performed solidly ever since. Despite some weakness a couple of months ago, Southwestern broke out of its downtrend and is now rising consistently again, as it continues to benefit from the fear-ridden oil market. With a $1.36 gain last Friday (5.6%), it now sits at $25.70 -- a 48% profit. And with the current energy situation, there's no telling how much further the stock could go. Receive incisive economic/market commentary, profitable advice and access to a network of leading investment exports. Simply follow this link: http://www.investorsobserver.com/agora2 TODAY'S ECONOMIC CALENDAR 3:15 a.m.: Fed Vice Chair Ferguson to speak on role of central banks in Brussels. 8:30 a.m.: May Empire State Manufacturing Index (last plus 36.05). 12:00 p.m.: Fed Governor Bies to speak on corporate governance in Hot Springs, Ark. 1:00 p.m.: May NAHB Housing Index (last 69). 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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