MORNING UPDATE: Man Securities Issues Alerts for GE, MVL, FRX, WYE, and ONE CHICAGO, May 24 /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 GE, MVL, FRX, WYE, and ONE, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The flareup in inflation in the first quarter is a matter for concern. The inflation data bear close watching." -- Ben Bernanke, Governor, Federal Reserve New PriceWatch Alerts for GE, MVL, FRX, WYE, and ONE... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- General Electric Co. (NYSE:GE) Last Price 30.65 - SEP 30.00 CALL OPTION@ $1.80 -> 4 % Return assigned* -- Marvel Enterprises, Inc. (NYSE:MVL) Last Price 19.53 - JUN 20.00 CALL OPTION@ $0.75 -> 6.5 % Return assigned* -- Forest Labs (NYSE:FRX) Last Price 59.20 - AUG 55.00 CALL OPTION@ $6.60 -> 4.6 % Return assigned* -- Wyeth (NYSE:WYE) Last Price 37.48 - OCT 35.00 CALL OPTION@ $3.90 -> 4.2 % Return assigned* -- Bank One Corp. (NYSE:ONE) Last Price 47.52 - AUG 47.50 CALL OPTION@ $2.20 -> 4.8 % 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 looking quite chipper this morning as 14 of the 15 markets that we track are currently in positive territory. The cumulative average return on the group stands at a plus 0.767 percent. In the "for-what- it's-worth" segment, Japan's Department store sales fell for a second consecutive month, declining by 1.0 percent in April on a year-over-year basis. This fall off comes on the heels of a 4.7 percent decline in March. Not much penciled into the schedule today, as an appearance by Treasury Secretary Snow at an entrepreneur conference in New York should offer up nothing to move the market and just three companies on the dwindling list of earnings reports today. This earnings season "unofficially" comes to an end with the H.J. Heinz report scheduled for tomorrow (although a few key reports are yet waiting in the wings). The economic calendar picks up on Tuesday and should keep traders occupied through the end of the week. So, as far as today is concerned it looks like news out of the "oil-pit" called OPEC and other worldly events will continue to command center stage. Possibly impacting tomorrow's session will be President Bush's address to the nation this evening. Stay tuned. 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 A few months ago, Christian DeHaemer, chief investment director at Taipan's Red Zone group, advised his readers to liquidate their long investment positions. He based it on the fact that the major indices had broken their uptrend cycles, as well as the historical first bear market rally lasting about 18 months. Since the NASDAQ set a top of 2,153, DeHaemer has observed lower highs and lower lows -- the classic definition of a bear market trend. He also noted that three years after the economic bubbles burst in the US in 1929 and Japan in 1990, their significant bull markets lasted about 18 months. That happened in 2003 with the NASDAQ. Analyzing the weekly chart, it shows a rounding top formation with the last major support at 1,500. Although it closed Friday at 1,912.09 that drop might not be so far-fetched -- the last time the index hit that level was as recently as October 2002. DeHaemer doesn't think it will be impossible to make money going long over the next few months -- it will just be more difficult. As such, he advises his investors to look for overlooked, undervalued companies, while shorting the broader market and wait until the index hits 1,500, which will likely occur in September or October. Once it does, that will signal a great buying opportunity, just in time for the US presidential election. 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 10:00 a.m.: Treasury Secretary Snow, UK Chancellor Brown hold entrepreneur conference in New York. 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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