MORNING UPDATE: Man Securities Issues Alerts for ORCL, ASKJ, SWKS, IMCL, and MVL CHICAGO, Oct. 28 /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 ORCL, ASKJ, SWKS, IMCL, and MVL, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Clearly, the economy is not as strong as anticipated and there is going to be some further fallout from the higher oil prices." -- Sung Won Sohn, chief economist, Wells Fargo New PriceWatch Alerts for ORCL, ASKJ, SWKS, IMCL, and MVL... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Oracle Corp. (NASDAQ:ORCL) Last Price 12.59 - JAN 12.50 CALL OPTION@ $0.75 -> 5.6 % Return assigned* -- Ask Jeeves Inc. (NASDAQ:ASKJ) Last Price 34.99 - MAR 22.50 CALL OPTION@ $13.40 -> 4.2 % Return assigned* -- Skyworks Solutions Inc. (NASDAQ:SWKS) Last Price 9.45 - FEB 7.50 CALL OPTION@ $2.25 -> 4.2 % Return assigned* -- ImClone Systems Inc. (NASDAQ:IMCL) Last Price 51.20 - NOV 50.00 CALL OPTION@ $3.90 -> 5.7 % Return assigned* -- Marvel Enterprises, Inc. (NYSE:MVL) Last Price 13.90 - JAN 12.50 CALL OPTION@ $2.15 -> 6.4 % 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 Overseas markets continue to inch higher, however this morning they are doing so as a unit with all 15 of the markets that we track currently positive. The cumulative return on the collective stands at a plus 0.931 percent. According to a survey published by GfK Martin Hamblin earlier this morning, the headline index of consumer confidence in the United Kingdom rose to minus 6 from minus 7 in September. The rise in confidence came as a surprise as economists had forecast the index would actually fall to minus 8. Despite the one-point increase in the index measure in October, consumer confidence in the economy is still relatively weak compared to recent years thanks to rising interest rates and a slowdown in the housing market. This fact may come into play when the Bank of England's Monetary Policy Committee next meets on November 4 and it is widely expected to leave rates unchanged for the third consecutive month. Initial Jobless Claims for the week ending October 23 are expected to have increased by 9,000, only fractionally offsetting the prior week's surprise decline of 25,000 to 329,000 on a seasonally adjusted basis. So if you want another excuse for misstating these weekly numbers, try this quote by a Labor Department statistician, "the magnitude of the drop partly reflected difficulties in making seasonal adjustments for weeks that include a holiday. The week of October 16 included the Columbus Day holiday. It's not unusual for weeks that include a holiday to be more volatile than others." So, make a note that holiday weeks could offer up erroneous readings and should not be taken seriously. 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 After filing to go public back in July, DreamWorks Animation, responsible for several big hits of late - including "Shrek 2" and "Shark Tale" - will debut in a US$700 million outing later this week. 29 million shares will be priced between US$23 and US$25 on the NYSE. Though DreamWorks's estimated US$2.5 billion market cap adds up to roughly half of that of closest competitor Pixar, it's nevertheless expected to draw a warm welcome on the Street. The company recently reported net income totaling US$121 million and operating revenue of US$341 million for the first half of 2004. Following recent blockbusters, DreamWorks just launched its new animated series "Father of the Pride," which has been a success out of the gate. Other projects in the DreamWorks animated pipeline include "Madagascar," set in the Central Park Zoo and voiced by Ben Stiller and Chris Rock, and "Over the Hedge," which stars Bruce Willis as a con-artist raccoon. But it remains to be seen if DreamWorks can manage to outshine Tuesday's Shopping.com outing, which leapt as much as 60% in its market debut. Originally offered at US$18, Shopping.com opened at US$22.95 and closed out its opening day at US$28.80. This marks the best IPO performance this year, bettering impressive gains made by Eyetech Pharmaceuticals, Salesforce.com and Cogent. A total of 11 IPO's were on this week's calendar, including Build-a-Bear Workshop, NorthStar Realty Finance, Medical Properties Trust and Aames Investment. From the Labor Day holiday to last Friday's close, bankers had priced 38 IPO's. And there haven't been any weak deals on the IPO calendar. Though not seeing IPO levels like we did in 1999-2000, the IPO market is consistently gaining strength. 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 ending October 23 (last minus 25,000). 10:00 a.m.: September Conference Board Help-Wanted Index (last 37). 10:00 a.m.: DJ-BTM Business Barometer for the week ending October 16 (last plus 0.2 percent). 4:30 p.m.: Money Supply. 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.