MORNING UPDATE: Man Securities Issues Alerts for BEAS, PNRA, ADI, KSS, and ABGX
May 14 2004 - 10:19AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for BEAS, PNRA, ADI,
KSS, and ABGX CHICAGO, May 14 /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 BEAS, PNRA, ADI, KSS, and ABGX,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "We will continue to focus on driving revenue
and market-share gains." -- Kevin B. Rollins, president and chief
operating officer, Dell New PriceWatch Alerts for BEAS, PNRA, ADI,
KSS, and ABGX... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL
OPTIONS ----------- -- BEA Systems Inc. (NASDAQ:BEAS) Last Price
10.78 - JUN 10.00 CALL OPTION@ $1.20 -> 4.4 % Return assigned*
-- Panera Bread Co. (NASDAQ:PNRA) Last Price 33.45 - AUG 30.00 CALL
OPTION@ $5.00 -> 5.4 % Return assigned* -- Analog Devices Inc.
(NYSE:ADI) Last Price 45.95 - SEP 40.00 CALL OPTION@ $7.80 ->
4.8 % Return assigned* -- Kohl's Corp. (NYSE:KSS) Last Price 42.63
- OCT 40.00 CALL OPTION@ $5.30 -> 7.2 % Return assigned* --
Abgenix, Inc. (NASDAQ:ABGX) Last Price 16.07 - JUN 12.50 CALL
OPTION@ $4.10 -> 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 The U.S. Dollar Index
rose 0.71 points yesterday on increased hopes that the Fed will
hike interest rates later this year. On the day, the old greenback
rose versus every currency that we track except for the Brazilian
Real. The dollar made new eight month highs versus the yen and
fresh three week highs versus the euro. Fueling the U.S. dollar's
rise was the much higher than expected PPI numbers. This shows that
inflation is quickly becoming a factor that must be dealt with in
the near future. Anytime you have rising inflation worries it is
viewed that the Fed will be forced to increase interest rates to
stop inflation in its tracks before it gets out of hand. An
increase in interest rates makes the U.S. dollar more attractive to
foreign investors. The big piece of data will be the April Consumer
Price Index at 8:30. Estimates are it will grow by 0.3 percent
after March's higher than expected 0.5 percent gain. The core rate,
which doesn't account for volatile food and energy costs, is also
expected to rise 0.2 percent after rising a disquieting 0.4 percent
in March. The street will be watching these numbers probably closer
than usual this morning due to yesterday's jump in the producer
price index numbers. 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 Despite the government's attempts to
cool its red-hot economy, it seems there's no stopping the intense
Chinese. With a 19% surge in April, industrial production recorded
its fastest pace of growth in over a year. Auto production
continued at a frantic pace, jumping 35%. That followed a 25%
increase during the first quarter (1.3 million vehicles), compared
with Q1 2003. These are high times for China's auto industry. In
2003, the country overtook France as the world's fourth-largest
manufacturer and is expected to claim third place ahead of Germany
this year. However, the industry is serving as a snapshot of the
wider Chinese economy, with economists warning of a boom/bust
cycle. Nevertheless, metal production raced ahead in April, with
steel increasing 23% and aluminum climbing 20%. Unsurprisingly,
power generation also rose 16%, in an attempt to cope with China's
surging demand. As a result, foreign direct investment into China
rose 10% from January-April to $19.6 billion. One company profiting
from this boom is Hong Kong-based Zindart Ltd, which manufactures
plastic and paper products for giftware/souvenir marketers, as well
as well as packagers and publishers of books and board games in the
U.S. and Europe. Investors at the Red Zone group also took 44%
profits from Zindart recently, courtesy of a trade recommendation
from Chinese investment expert Siu-Yee Ng. The nanotechnology
revolution continues to spread across the globe. The Profit Hog's
Christian DeHaemer has written a comprehensive FREE report. Read it
immediately by following this link:
http://www.investorsobserver.com/agora6 TODAY'S ECONOMIC CALENDAR
8:30 a.m.: March Business Inventories (last plus 0.7 percent). 8:30
a.m.: April Consumer Price Index (last plus 0.5 percent). 8:30
a.m.: April Consumer Price Core Index, less-food and energy (last
plus 0.4 percent). 9:15 a.m.: April Industrial Production (last
minus 0.2 percent). 9:15 a.m.: April Capacity Utilization (last
76.5 percent). 9:45 a.m.: May Preliminary University of Michigan
consumer Sentiment Index (last 94.2). 1:30 p.m.: Federal Reserve
Governor Gramlich speaks on budget and trade deficits in Amherst,
Mass. 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
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experts and undiscovered stock alerts. Register NOW for the FREE
247profits e-Dispatch. Go to:
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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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