LSCP Laserscope (MM)

MORNING UPDATE: Man Securities Issues Alerts for CSCO, ARW, LOW, DG, And LSCP CHICAGO, Feb. 23 /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 CSCO, ARW, LOW, DG, and LSCP, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "When you look at historical cycles, you see how the market changes with time. These rules are written in water, not in stone. This has all the characteristics of a new bull market, and we expect it to continue." -- Laszlo Birinyi, Founder, Birinyi Associates New PriceWatch Alerts for CSCO, ARW, LOW,DG, and LSCP... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Cisco Systems Inc. (NASDAQ:CSCO) Last Price 23.19 - APR 22.50 CALL OPTION@ $1.60 -> 4.2 % Return assigned* -- Arrow Electronics Inc. (NYSE:ARW) Last Price 23.51 - JUN 22.50 CALL OPTION@ $2.25 -> 5.8 % Return assigned* -- Lowe's Companies Inc. (NYSE:LOW) Last Price 58.38 - JUL 55.00 CALL OPTION@ $5.60 -> 4.2 % Return assigned* -- Dollar General Corp. (NYSE:DG) Last Price 22.10 - MAR 22.50 CALL OPTION@ $1.00 -> 6.6 % Return assigned* -- Laserscope (NASDAQ:LSCP) Last Price 23.56 - MAR 22.50 CALL OPTION@ $2.60 -> 7.3 % 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 marketsare looking reasonably firm as 11 of the 15 markets that we track are currently positive. The cumulative average return on the group stands at a positive 0.315 percent. It looks like we start this week on a similar note to last week as the news on the potential for mergers and acquisitions may bolster the market. We started out with the news that Citigroup has purchased S. Korea's sixth largest bank, KorAm, for $2.7 billion. The Nikkei looks to be employing its ascending 10-week moving average asa springboard for gains as the U.S. dollar seems to have temporarily stemmed its decline versus the yen. Autos and exporters have helped to pull the average higher by 148 points in overnight trade. At 9:15 a.m. today, Federal Reserve Chairman Greenspan makes the first of four appearances scheduled for this week, speaking to credit union officials in Washington. A little later, at 11:00 a.m., Treasury Secretary Snow speaks to those same credit union officials in Washington. No doubt he will talk upthe U.S.'s strong dollar policy. In other words, no major economic indicators will be released today. Lowe's highlights today's earnings calendar as the earnings season rapidly declines in velocity but not import. Although there are less than 160 key reports out his week (H.J. Heinz's report due out tomorrow unofficially signals the end of this earnings season) we will not be without some excitement out of that venue. The retailing sector is heavily represented this week. 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 consumer prices increasing 0.5%, inflation is the watchword on WallStreet. Volatile energy and food prices are to blame. Energy prices have leapt 4.7% since December -- the largest jump since March 2003. But core inflation is still relatively tame. William Poole, President of the St. Louis Federal Reserve, expects strong economic and job growth in 2004, but with little inflation. The Fed's refusal to raise interest rates so far seems to bear this out. Investors didn't like the data too much though. That, coupled with Japan's heightened terror alert, sent all three major U.S. markets stumbling to losses. But the big correction will inevitably come later this year. Regardless, Ian Cooper, financial analyst at the Red Zone likes web retailer Bluefly.com. Cooper says, "Thanks to a 38% increase in new customers, the company just reported its first quarterly net profit of $111,000 as sales soared 42% to $14 million, compared with a $1.7 million loss and $9.9 million a year earlier. Gross margins also jumped to 38.6%. We're confident the stock will meet our $6 near-term price target (it traded as high as $4.95 on enormous volume last Thursday) and despite a rash of profit-taking Friday, we remain long-term Bluefly holders." Bluefly.com is just one of thousands of small-cap, fast-growing companies in the U.S. Discover and profit from more companies like it with the Taipan Group's special report - "America's Fastest-Growing 1,300 Companies." It's yours FREE - when you follow this link: http://www.investorsobserver.com/agora1 TODAY'S ECONOMIC CALENDAR 9:15 a.m.:Fed Chairman Greenspan speaks to credit union officials in Washington. TBA: Treasury Secretary Snow speaks to credit union officials in Washington. 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 ToFind, 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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