FRX Forest Road Acquisition Corp

MORNING UPDATE: Man Securities Issues Alerts for TASR, DAL, MAT, USB, and FRX CHICAGO, July 20 /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 TASR, DAL, MAT, USB, and FRX, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The markets are acting as if the economy, and by extension, corporate America is in trouble and should be tossed a lifeline." -- Paul Nolte, director of investments, Hinsdale Associates. New PriceWatch Alerts for TASR, DAL, MAT, USB, and FRX... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Taser International Inc. (NASDAQ:TASR) Last Price 36.32 - AUG 30.00 CALL OPTION@ $7.70 -> 4.8 % Return assigned* -- Delta Air Lines Inc. (NYSE:DAL) Last Price 5.94 - SEP 5.00 CALL OPTION@ $1.30 -> 7.8 % Return assigned* -- Mattel Inc. (NYSE:MAT) Last Price 17.41 - OCT 17.50 CALL OPTION@ $0.80 -> 5.4 % Return assigned* -- U.S. Bancorp (NYSE:USB) Last Price 27.96 - DEC 27.50 CALL OPTION@ $1.55 -> 4.1 % Return assigned* -- Forest Labs (NYSE:FRX) Last Price 52.50 - SEP 50.00 CALL OPTION@ $4.40 -> 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 trading marginally lower weighted down by the poor performance in the Nikkei overnight. Currently just five of the 15 markets that we track are positive. The cumulative average return on the group stands at a minus 0.298 percent. The Nikkei posted its lowest close since the June 4 bell ringer of 11128.10, most likely on earnings concerns. Financial analysts were more optimistic on the German economy according to the ZEW Sentiment Index for July. The index came in at 48.4, besting not only June's 47.4, but expectations of 47.0 thanks to strong foreign demand. The Frankfurt DAX happens to be one of the minority positive bourses. The release of the pair of weekly reports on the well-being of the retail sector are expected before the start of the regular session of trade. For the week of July 10, the ICS-UBS Store Sales Index came in unchanged while the Redbook Retail Sales for the same period slipped by 0.5 percent. Since failing to penetrate much above the 413 area in mid June through early July, the S&P Retail Index has lost almost nine percent and seems intent on revisiting potential support in the 370 area. 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 US markets appear to be in the midst of the summer doldrums, with the Dow and NASDAQ continuing to perform sluggishly yesterday. Stocks did recover somewhat after 3M missed earnings by a penny, and the semiconductor sector also improved after suffering ugly losses earlier in the day. But this is a very unpredictable spell, where no support level seems safe. Brit Ryle, chief market analyst at the Taipan Group's Money-Flow Matrix Trader investment service, says NASDAQ stocks are extremely oversold already, and have been that way for the past eight trading days. Momentum is hitting extreme lows not seen in over a year. That's squeezing out the short sellers. But with earnings season disappointing so far, buyers are also reluctant to take a position. Add in the potential for more interest rate hikes and terrorist concerns regarding the Olympics, US political party conventions in Boston and New York, and the presidential election ... and it creates a rather potent bearish mix. The fact that even now, investors aren't using the dips to buy on value is slightly worrying. This could signal that they're set for prices to head lower still. However, some economists say the market is simply experiencing typical summer weakness and are confident of an upward move again soon. Conditions do seem ripe for an oversold market bounce. But according to Ryle, prices will need to consolidate and stabilize beforehand, so don't expect much of a move until Thursday at the earliest. 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 7:45 a.m.: ICS-UBS Store Sales Index for the week ending July 17 (last unchanged). 8:30 a.m.: June Housing Starts (seen at plus 1.5 percent, last minus 0.7 percent). 8:55 a.m.: Redbook Retail Sales for the week ending July 17 (last minus 0.5 percent). 2:30 p.m.: Federal Reserve Chairman Greenspan to deliver semi-annual monetary-policy report to Senate Banking Committee in Washington. 6:30 p.m.: ABC/Money Magazine Consumer Confidence Index for the week ending July 17 (last minus 7). 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

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