PBY Prospect Capital Corporaton

MORNING UPDATE: Man Securities Issues Alerts for DELL, EDS, SPLS, PBY, and SBL CHICAGO, March 5 /PRNewswire/ -- Man Securities issues the following Morning Update at 8:30 AM EST with new PriceWatch Alerts for key stocks. (Logo: http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO ) Before the open... PriceWatch Alerts for DELL, EDS, SPLS, PBY, and SBL, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "What I don't know is whether we will see the economy kick into a higher gear or not. It's too early to make that call." -- Andy Bryant, chief financial officer, Intel New PriceWatch Alerts for DELL, EDS, SPLS, PBY, and SBL... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Dell Inc. (NASDAQ:DELL) Last Price 33.13 - MAY 32.50 CALL OPTION@ $1.90 -> 4.1 % Return assigned* -- Electronic Data Systems Corp. (NYSE:EDS) Last Price 20.40 - APR 20.00 CALL OPTION@ $1.55 -> 6.1 % Return assigned* -- Staples Inc. (NASDAQ:SPLS) Last Price 26.55 - JUN 25.00 CALL OPTION@ $2.55 -> 4.2 % Return assigned* -- Pep Boys (NYSE:PBY) Last Price 25.74 - JUL 22.50 CALL OPTION@ $4.10 -> 4 % Return assigned* -- Symbol Technologies, Inc. (NYSE:SBL) Last Price 17.99 - APR 17.50 CALL OPTION@ $1.35 -> 5.2 % 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 remain "cautious with a positive bent". Currently an overwhelming 13 of the 15 markets that we track are in the positive column, but most have failed to stray too far in that direction. The cumulative average return on the group stands at a positive 0.309 percent headed up by the Nikkei's overnight gain of 1.19 percent. On the week, the Nikkei finished higher onfour of the five sessions and exits the week with a 4.5 percent gain and is poised atop a 21-month high (the index last traded higher back in May 2002). For a ninth consecutive month, leading indicators in Japan held to the expansion side of the 50-demarcation between contraction and expansion. January leading indicators came in at expectations of 55.6. Leading indicators are yet another economic reading that suggests that the Japanese economy is emerging from a 15-year period of stagnation. Another positive out of the country of the Rising Sun is the fact that the Japanese consumer may well be loosening those purse strings. January's real spending increased by 1.3 percent on a year-over-year basis. This marked a third consecutive month of increase, following the 0.4 percent rise in December and the 0.7 gain in November. The long awaited February Non-farm Payrolls numbers will be released before today's market open. Analysts currently expect to see 135,000 new jobs coming on the heels of the 112,000 rise last month. The February Unemployment Rate is seen holding at 5.6 percent. The average workweek is expected to have ticked higher to 33.8 hours versus the 33.7 hours averaged in January. Average hourly earnings are seen rising by 0.2 percent compared to the 0.1 percent rise last month. This report poses a catch-22 scenario. On the one hand, recent job growth has not kept up with the perceived growth in the economy. The other side of the coin presents a portrait of rising employment and a Federal Reserve poised to raise interest rates. We got a touch of that market response in reaction to Federal Reserve Chairman Greenspan's comments on Tuesday. Maybe that reaction was sufficiently cathartic to prepare the market for a stronger than expected report. Last month's report seemed balanced to perfection. We saw growth of 112,000, satisfying a need to see expansion, but beneath consensus for 160,000 new jobs, alleviating fears of a rate rise sooner than later. Like there is no way to predict the exact numbers, there is also no way, for certain, to gauge the market response. At 3:00 p.m., January Consumer Credit is seen at $5.5 billion versus the tab of $6.6 billion in December. 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 "Don't confuse the NASDAQ'S 21-point gain yesterday for bullish action," says Brit Ryle, chiefmarket analyst at Money Flow Matrix Trader. "Volume was light and my indicators don't suggest much support for a rally through resistance at 2045. Downside momentum is increasing and with the February job numbers due this morning, I'd be surprised ifthe NASDAQ can move much higher." Anticipation of the report has hit fever-pitch, but it seems that whatever the number is, it's going to be a disappointment. It may be the bulls that are disappointed today. Elsewhere, good news for MCF Corp. -- a stock recommended by Ian Cooper and Erin Beale at Profit Hog Insider (PHI). After recently hiring an influential former Morgan Stanley chief to lead its Media and Telecommunications investment banking group, the company announced another major addition earlier this week -- Dave Duley, formerly of Wells Fargo, will become Managing Director. What's the significance of this? As Beale states, "Analysts from heavyweight firms wouldn't join a tiny investment bank if it weren't headed for success. After selling half their MCF Corp. position for a 128% gain, the PHI duo is up 109% on the second half." 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.: February Non-farm Payrolls (seen at plus 135,000, last plus 112,000). 8:30 a.m.: February Unemployment Rate (seen at 5.6 percent, last 5.6 percent). 8:30 a.m.: February Average Workweek (seen at 33.8, last 33.7). 8:30 a.m.: February Average Hourly Earnings (seen at plus 0.2 percent, last plus 0.1 percent). 3:00 p.m.: January Consumer Credit (seen at $5.5 billion, last $6.6billion). 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 ortaxes 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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