MORNING UPDATE: Man Securities Issues Alerts for INTC, DNA, SWKS, FOX, and COST CHICAGO, Oct. 7 /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 INTC, DNA, SWKS, FOX, and COST, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "There is new money coming into the stock market and the world isn't coming to a screeching halt because of the levels of crude oil." -- Michael Driscoll, stock trader, Bear Stearns. New PriceWatch Alerts for INTC, DNA, SWKS, FOX, and COST... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Intel Corp. (NASDAQ:INTC) Last Price 21.13 - JAN 20.00 CALL OPTION@ $2.10 -> 5.1 % Return assigned* -- Genentech Inc. (NYSE:DNA) Last Price 50.25 - NOV 50.00 CALL OPTION@ $2.95 -> 5.7 % Return assigned* -- Skyworks Solutions Inc. (NASDAQ:SWKS) Last Price 10.66 - NOV 10.00 CALL OPTION@ $1.05 -> 4.1 % Return assigned* -- Fox Entertainment Group Inc. (NYSE:FOX) Last Price 29.88 - JAN 30.00 CALL OPTION@ $1.45 -> 5.5 % Return assigned* -- Costco Wholesale Corporation (NASDAQ:COST) Last Price 42.93 - JAN 42.50 CALL OPTION@ $2.35 -> 4.7 % 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, "Is Your Investment Portfolio Disaster Proof? - Insights, Stocks, And Strategies." go to: http://www.investorsobserver.com/FREEDP NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW The November contract on sweet crude oil rose 93 cents yesterday on the New York Mercantile Exchange to set another new record close. A small gain in U.S. crude inventories fell short of expectations, and fueled some concerns over whether or not energy supplies would be sufficient to meet winter demand. Refineries have begun to recover from the recent spate of hurricanes in the Gulf region, but have been unable to operate at the type of capacity needed at a critical time of year. November heating oil was up $1.41 to $1.4209 per gallon, and November unleaded gas closed up $2.09 at $1.3875 a gallon. It seems that rising oil prices have had a positive effect on the relative value of the dollar. The direction of interest rates will ultimately determine where the dollar will head, and the direction of rates is directly affected by the strength of the domestic economy. Rising rates make the dollar and dollar-based investments more attractive to foreign investors. The greenback gained 0.1 percent versus the euro to $1.2294, and was up 0.2 percent against the British pound to $1.7783. 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 Turnaround stocks have been the best performers since 2002. From September 2002 to December 2003, Lucent climbed 541%. Red Hat soared 1,163% over roughly the same time period, while the likes of Amazon.com jumped from $7 to $60, or 757%. Don't get us wrong. There are plenty of companies that never make it back. They key is to know which companies will make you triple digit profits and which will be the next Fogdog.com. By this Friday, October 8, 2004, Global Crossing could be that next triple digit winner should it meet the NASDAQ's requirements for re-listing. Not only does it trade at a ninth of book value, 0.1% of sales, have $2.9 billion in revenue, $290 million in cash and a market cap of only $350 million, putting it on the list of ridiculously undervalued, one confident billionaire insider, namely Richard Rainwater bought 235,000 shares of the company just last week. The clear catalyst for share price appreciation is a NASDAQ re-listing and it has already received an extension to comply with NASDAQ rules, which it does expect to meet. The last turnaround stock recommended by the Profit Hog Insider team, Net Perceptions helped readers realize a 50% gain in less than a month's time. The team bought the stock on news that insiders bought 329,400 shares after catching wind of a deal that could save the company. Pay close attention to Global Crossing shares leading up to Friday, October 8, 2004. 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 8:30 a.m.: Initial Jobless Claims for the week ended October 2 (last plus 18,000) 9:30 a.m.: Fed Vice Chairman Ferguson speaks on free trade at Cato Institute conference in Washington 10:00 a.m.: DJ-BTM Business Barometer (last plus 0.7 percent) 1:00 p.m.: Fed Gov Bernanke speaks on central banks and monetary policy at Japan Society luncheon in New York 1:30 p.m.: Fed Chairman Greenspan speaks via satellite at the "Reflections on Monetary Policy: Twenty-Five Years After October 1979" conference at Federal Reserve Bank of St. Louis 3:00 p.m.: Consumer Credit (last plus $10.9 billion) 3:45 p.m.: Dallas Fed Pres McTeer speaks on the economy in New York N/A: September Chain Store Sales Man Securities is one of the world's leading option order execution firms. Man's in-house broker team offers a level of personal service and experience unavailable from no-frills discount brokers. To improve your understanding of option pricing get Man's FREE "Margin/Option Wizard software at: http://www.investorsobserver.com/mancd. Member CBOE/NASD/SPIC. 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

Copyright

Skyworks Solutions (NASDAQ:SWKS)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Skyworks Solutions Charts.
Skyworks Solutions (NASDAQ:SWKS)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Skyworks Solutions Charts.