CHICAGO, Nov. 28 /PRNewswire/ -- Seven Summits Research issues the following Morning Update at 8:30 AM EST with new PriceWatch Alerts for key stocks. Before the open... PriceWatch Alerts for AAPL, BBY, AT, PD, and FLEX, Market Overview, News Leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "To drive the 5 (percent) to 6 percent sales growth that people are estimating, it's going to come at the expense of margins." -- Peter Boockvar, equity strategist, Chicago Federal Reserve B Miller, Tabak & Co New PriceWatch Alerts for AAPL, BBY, AT, PD, and FLEX... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Apple Computer Inc. (NASDAQ:AAPL) Last Price 69.34 - JAN 67.50 CALL OPTION@ $5.80 -> 6.2 % Return assigned* -- Best Buy Co. Inc. (NYSE:BBY) Last Price 50.63 - JAN 50.00 CALL OPTION@ $3.60 -> 6.3 % Return assigned* -- Alltel Corp. (NYSE:AT) Last Price 67.44 - JUL 65.00 CALL OPTION@ $5.60 -> 5.1 % Return assigned* -- Phelps Dodge Corp. (NYSE:PD) Last Price 134.70 - JAN 130.00 CALL OPTION@ $10.30 -> 4.5 % Return assigned* -- Flextronics International Ltd. (NASDAQ:FLEX) Last Price 10.81 - JUL 10.00 CALL OPTION@ $1.80 -> 11.0 % 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) ** FREE Investor's Cheat Sheet - An essential pocket reference guide packed with the strategies, tactics, tips, and rules of thumb for smarter investing. For your FREE Investor's Cheat Sheet, go to: http://www.investorsobserver.com/FreeCSMU NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW In overseas trading, things are looking solid as six of eight reporting Asian/Pacific markets are up. The India BSE 30 is up 1.6% while the New Zealand NZSE 50 is down 0.41%. All nine reporting European markets are up with the Austria ATX leading the way up 1.03%. The January futures contract on sweet crude oil is down 1.06 since the close of trading on Friday to 57.65 per barrel, which equates to a 1.8% drop. In early trading this morning, the front-dated month is up 0.24 off its lows, which may indicate a stabilization in this area. Get Free Stock Picks from Bernie Schaeffer, 3 time winner of the Wall Street Journal Stock Picking Contest. For your Free Trial go to: http://www.investorsobserver.com/freemo2 NEWS LEADERS AND LAGGARDS So far today, Wal-Mart and Best Buy lead the list of companies with the most positive news stories on news of solid November comparable Store sales figures. Baidu.com has popped up with a high positive news sraIndex score after closing over its 2-month high. Last week, Prudential Financial upgraded Akamai Technologies from Neutral Weight to Overweight while Bear Stearns & Co downgraded Activision to Peer perform from Outperform. For the FREE article titled, "Earnings Season Decoded - An Essential 15 Point Checklist For Finding Winning Stocks." go to: http://www.wallstreetsecretsplus.com/go/freemu/ TODAY'S ECONOMIC CALENDAR 10:00 a.m. Oct Existing Home Sales Seven Summits Investment Research is an independent investment research group focusing on the U.S. equities and options markets. Our unique set of analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best investment decisions possible. For more information go to http://www.sevensummitsinvestmentresearch.com/ . CRD# 137114 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 Quote.com QCharts- Real time quotes and streaming technical charts to keep you up with the market. Analyze, predict, and stay ahead. for a Free 30 day trial go to: http://www.investorsobserver.com/MUQuote2 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, taxes or our subscription fees 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 Catherine at 800-698-9101 or at http://www.cboe.com/Resources/Intro.asp. Privacy policy available upon request. DATASOURCE: Seven Summits Research CONTACT: Reid Stratton of Seven Summits Investment Research, +1-800-698-9101 Web site: http://www.sevensummitsinvestmentresearch.com/

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