BMC Bmc Software, Inc.

MORNING UPDATE: Man Securities Issues Alerts for TSM, BMC, FDRY, BIIB, and ERTS CHICAGO, April 30 /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 TSM, BMC, FDRY, BIIB, and ERTS, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The central bank won't raise the interest rate until August or later." -- Sung Won Sohn, Economist, Wells Fargo & Co. New PriceWatch Alerts for TSM, BMC, FDRY, BIIB, and ERTS... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Taiwan Semiconductor Manufacturing Ltd. (NYSE:TSM) Last Price 9.96 - JUN 10.00 CALL OPTION@ $0.50 -> 5.7 % Return assigned* -- BMC Software Inc. (NYSE:BMC) Last Price 18.05 - AUG 17.50 CALL OPTION@ $1.65 -> 6.7 % Return assigned* -- Foundry Networks Inc. (NASDAQ:FDRY) Last Price 14.15 - MAY 12.50 CALL OPTION@ $2.15 -> 4.2 % Return assigned* -- Biogen Idec (NASDAQ:BIIB) Last Price 57.01 - MAY 55.00 CALL OPTION@ $4.10 -> 4 % Return assigned* -- Electronic Arts Inc. (NASDAQ:ERTS) Last Price 49.95 - MAY 50.00 CALL OPTION@ $2.05 -> 4.4 % 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, "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 not looking too promising this morning as just two of the 15 markets that we track are currently positive. The cumulative average return on the group stands at a minus 0.299 percent, weighed down by the 2.02 percent decline in the Nikkei. Traders came back from a one-day break, trading on concerns over China's ability to engineer a soft landing for a too rapidly expanding economy and the potential for an interest rate hike in the U.S. Additional pressure came from the fact that the Nikkei will resume the "Golden Week" holiday by closing on Monday through Wednesday. Traders felt it prudent to lock in profits ahead of the super long weekend. On the week the index lost 2.96 percent, but remains 10.16 percent higher in calendar year 2004. Before the start of the regular trading session today, March Personal Income is expected to have advanced by 0.4 percent, matching the rise of the prior month. The companion report, March Personal Spending is expected to have surged by 0.7 percent, belittling the prior month's 0.2 percent rise. At 9:45 a.m., the final University of Michigan Sentiment Index for April is expected to come in at 94.0. The preliminary report in April stood at 93.2, while the final March reading was 96.8. Recall that on Tuesday we learned that the Conference Board's Consumer Confidence Index for April took a surprise turn higher to 92.9 versus the healthy reading of 88.5 posted in March. Possibly the most important report of the day will be released at 10:00 a.m. The April Chicago Purchasing Managers' Manufacturing Index is seen at 60.0, which would best the 57.6 reading in March. This report is key as it is thought to prognosticate the National Institute for Supply Managers Manufacturing (ISM) report (due for release on Monday) with a reasonable degree of reliability. 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 The Taiwanese political drama continues. After the controversial general election on March 20, the country will now conduct a full recount. The situation began with the assassination attempts on incumbent president Chen Shui-bian and his deputy just days before the vote. But Chen's Nationalist Party opponent, Lien Chan, then accused the president of faking the stunt to garner sympathy votes. Chen then scraped victory by just 30,000 votes out of 13 million cast after the government almost bungled the antimissile referendum. But a political storm swirled amid allegations that around 330,000 ballots were invalid. So now, Taiwan will recount all the votes on May 10, just before Chen is due to be sworn in again on May 20. Better news for Taiwan's flagship chip firm, Taiwan Semiconductor though. With plants operating at full capacity during the first quarter amid rising global demand, net income soared to T$18.8 billion (US$568.6 million) - the third highest on record - as sales jumped 46%. After spending $3.6 billion on new plants that produce chips on 12-inch wafers instead of the standard 8 inches, Taiwan Semi can now double the number of chips made...and has slashed production costs by one-third. And with global chip sales projected to grow 43% this year, the future looks bright. The editorial team has prepared a special FREE REPORT for you - "America's 1,300 Fastest-Growing Companies." You can access it immediately by following this link: http://www.investorsobserver.com/agora1 TODAY'S ECONOMIC CALENDAR 8:30 a.m.: March Personal Income (seen higher by 0.4 percent, last plus 0.4 percent). 8:30 a.m.: March Personal Spending (seen higher by 0.7 percent, last plus 0.2 percent). 9:45 a.m.: Final University of Michigan Sentiment final April Index (Preliminary April was 93.2, final April seen at 94.0, final March 96.8). 10:00 a.m.: April Chicago Purchasing Managers' Manufacturing Index (seen at 60.0, last 57.6). 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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