STJ ST. Jude Medical, Inc.

MORNING UPDATE: Man Securities Issues Alerts for PFE, JPM, HON, GENZ, and STJ CHICAGO, Oct. 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 PFE, JPM, HON, GENZ, and STJ, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "We can expect gasoline and home heating oil prices to consistently follow crude oil prices up." -- Peter Morici, business professor, University of Maryland. New PriceWatch Alerts for PFE, JPM, HON, GENZ, and STJ... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Pfizer Inc. (NYSE:PFE) Last Price 29.00 - MAR 27.50 CALL OPTION@ $2.60 -> 4.2 % Return assigned* -- J.P. Morgan Chase (NYSE:JPM) Last Price 37.98 - JAN 37.50 CALL OPTION@ $1.95 -> 4.1 % Return assigned* -- Honeywell Inc. (NYSE:HON) Last Price 35.44 - JAN 35.00 CALL OPTION@ $1.85 -> 4.2 % Return assigned* -- Genzyme Corp. (NASDAQ:GENZ) Last Price 52.49 - JAN 50.00 CALL OPTION@ $4.90 -> 5.1 % Return assigned* -- St. Jude Medical Inc. (NYSE:STJ) Last Price 74.88 - JAN 75.00 CALL OPTION@ $4.10 -> 6 % 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, "Is Your Investment Portfolio Disaster Proof? - Insights, Stocks, And Strategies." go to: http://www.investorsobserver.com/FREEDP NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW Overseas markets are currently trading diametrically opposed to their performance yesterday at this time. Led by a charge lower in the Nikkei overnight, none of the 15 markets that we track is currently positive. The cumulative average return on the collective stands at a minus 1.007 percent. Not much data out of our overseas business partners at this time of the morning, so we resort to a statistic out of Italy. Italian industrial sales rose 2.9 percent on a seasonally adjusted basis in the month of August. Domestic sales were up by 2.1 percent and international sales higher by 4.9 percent. Industrial sales rose 11 percent on the year in unadjusted terms driven by a 16.9 percent increase in international demand. Surveyed economists had forecast industrial orders would fall 1.2 percent on the month and rise by 2.5 percent on the year. The cat's already out of the bag as far as today's economic calendar is concerned. The Mortgage Bankers Association (MBA) Refinancing Index for the week ending October 16 advanced by 10.6 percent. In the prior week the index dropped by 14.2 percent to the lowest level in five weeks. The MBA Purchase Index rose by 5.8 percent aiding the Market Index to a 7.9 percent rise. Today's earnings calendar seems to be the lengthiest of this week and could well alter the course of today's trade. 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 With the 2004 US budget deficit rolling in at a hefty $413 billion, the last thing the US bank balance needs is to get any sicker. But with winter around the corner, that scenario looks distinctly possible. Thanks to some negligent sanitation procedures at flu vaccine manufacturer Chiron's plant in England, the US economy is staring at a $20 billion black hole -- a hole that was to be filled with Chiron's Fluvirin drug. And now that Chiron's entire Fluvirin stock -- accounting for half of all flu vaccines -- has been pulled from the US market, a professor at Harvard University says that's what it will cost the US in healthcare expenses and absence associated with the flu season. Before the Chiron debacle, almost two-thirds of US companies had planned to make flu shots available to their employees. Not any more. And this is important since a study by human resources firm ComPsych Corp. found that 40% of folks who don't get flu shots end up missing some time at work, compared with just 20% who do get the flu jab. On a related topic, the US drug sector suffered a blow, with the news that about 30 Canadian Internet pharmacies have decided not to take any US orders for bulk shipments of Canadian-based drugs and medicines. At a time when healthcare costs are spiraling upwards sharply, the decision could hardly come at a worse time. Apparently, the Canadians are worried that the trend will lead to a supply crunch in Canada, as well as putting inflationary pressure on the price controls that Canada has in place. 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 7:00 a.m.: MBA Refinancing Index for the week ending October 16 (last minus 14.2 percent). 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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