CVTX CV Therapeutics (MM)

MORNING UPDATE: Man Securities Issues Alerts for TLAB, CVTX, BMRN, TER, and HLTH CHICAGO, June 4 /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 TLAB, CVTX, BMRN, TER, and HLTH, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The expectation is for the (jobs) number to show well for the economy." -- Bob Priore, currency desk manager, Calyon Financial New PriceWatch Alerts for TLAB, CVTX, BMRN, TER, and HLTH... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Tellabs Inc. (NASDAQ:TLAB) Last Price 8.17 - SEP 7.50 CALL OPTION@ $1.15 -> 6.8 % Return assigned* -- CV Therapeutics Inc. (NASDAQ:CVTX) Last Price 15.53 - OCT 12.50 CALL OPTION@ $3.60 -> 4.8 % Return assigned* -- BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) Last Price 6.45 - OCT 5.00 CALL OPTION@ $1.80 -> 7.5 % Return assigned* -- Teradyne Inc. (NYSE:TER) Last Price 20.59 - OCT 17.50 CALL OPTION@ $4.30 -> 7.4 % Return assigned* -- WebMD Corp. (NASDAQ:HLTH) Last Price 8.72 - OCT 7.50 CALL OPTION@ $1.60 -> 5.3 % 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 appear relatively optimistic, either in response to Intel's upbeat mid-quarter update or in anticipation of a strong employment report out of the U.S., as all 15 of the markets that we track are currently trading positive. The cumulative average return on the group stands at a plus 0.543 percent. Despite a 100 point gain overnight, the Nikkei closed out this week lower by 1.6 percent. Since first closing beneath its 20-week moving average (currently around 11,300) four weeks ago, the index has had quite a difficult time with the trendline. The index remains 4.3 percent positive in 2004. Focusing toward our friends to the north, Canada added an additional 56,100 jobs in May over April. Full-time employment rose by 37,200, while part-time employment added 19,000. May's jobless rate fell to 7.2 percent from the 7.3 percent logged in the prior month. Before the market open today, the May Unemployment Rate is seen holding steady at 5.6 percent, matching April's rate. Analysts expect that May Non-farm Payrolls will rise by 215,000, adding to the prior month's 288,000 increase. If my tallies are correct, the U.S. economy has generated some 870,000 new non-farm jobs in the first four months of the year. If May hits the consensus number, we will have broken one million. 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 hectic day within America's national security branches yesterday. The main jolt came when CIA Director George Tenet announced his resignation. This wasn't totally shocking, since he was due to leave after November's presidential election anyway. But given the intense criticism recently over allegations that better CIA intelligence could have prevented the September 11 attacks, and again over the false intelligence that led the CIA to overstate the case for war in Iraq, Tenet will now leave in mid-July. Meanwhile, Ian Cooper and his investors at the Taipan Group's Extreme Volatility Speculator (EVS) investment service are thanking Homeland Security chief Tom Ridge for his comments yesterday. Specifically, Ridge turned his attention to -- and admiration for -- the security companies making America safer from terrorism. One of the companies he mentioned was longtime EVS favorite IPIX. Cooper had previously taken profits of 107%, 246% and 144% on IPIX for his investors. And on May 26, just as pre-Memorial Day and summer terrorism fears were making headlines, Cooper issued another buy at $8.66. Yesterday, purely on Ridge's commendation, IPIX shares soared 51% to close at $12.49 Cooper sold half the position for a 50% gain and is up 50% on the second half. He also sold off positions in Magal Security Systems, Mace Security International, and Digital Recorders Inc. for 21%, 18% and 17% profits respectively. The EVS team is up an average of 14% per recommendation in 2004 -- simply by trading on company/industry speculation and "selling the news" when it hits the mainstream media. To find out more about the EVS group simply follow this link: http://www.investorsobserver.com/agora8 TODAY'S ECONOMIC CALENDAR 8:30 a.m.: May Unemployment Rate (seen at 5.6 percent, last 5.6 percent). 8:30 a.m.: May Non-farm Payrolls (seen at plus 200,000. last plus 288,000). 9:40 a.m.: May ECRI Inflation Gauge (last 117.1). 12:30 p.m.: Federal Reserve Governor Kohn speaks at National Economists Club luncheon in Washington. 3:00 p.m.: May Treasury Strips. 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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