MORNING UPDATE: Man Securities Inc. Issues Alerts for SONS, BSX, FOX, CDN, and KOSP
March 04 2005 - 9:48AM
PR Newswire (US)
MORNING UPDATE: Man Securities Inc. Issues Alerts for SONS, BSX,
FOX, CDN, and KOSP CHICAGO, March 4 /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 SONS, BSX, FOX, CDN, and KOSP,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "A consumption tax could certainly meet the
fundamental criteria of being simple, fair and pro-growth." -- Alan
Greenspan, Chairman, Federal Reserve. New PriceWatch Alerts for
SONS, BSX, FOX, CDN, and KOSP... PRICEWATCH ALERTS - HIGH RETURN
COVERED CALL OPTIONS -- Sonus Networks, Inc. (NASDAQ:SONS) Last
Price 5.51 - MAR 5.00 CALL OPTION@ $0.75 -> 5.0 % Return
assigned* -- Boston Scientific Corp. (NYSE:BSX) Last Price 30.90 -
AUG 27.50 CALL OPTION@ $5.10 -> 6.6 % Return assigned* -- Fox
Entertainment Group Inc. (NYSE:FOX) Last Price 35.07 - JUL 35.00
CALL OPTION@ $1.65 -> 4.7 % Return assigned* -- Cadence Design
Systems, Inc. (NYSE:CDN) Last Price 14.52 - AUG 12.50 CALL OPTION@
$2.55 -> 4.4 % Return assigned* -- KOS Pharmaceuticals, Inc.
(NASDAQ:KOSP) Last Price 34.90 - APR 30.00 CALL OPTION@ $6.20 ->
4.5 % 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. NEWS LEADERS AND LAGGARDS So far today,
Ross Stores Inc., Ceradyne Inc., and Shuffle Master Inc. lead the
list of companies with the most news stories while Spinnaker
Exploration Co. and Alexion Pharmaceuticals Inc. are showing a
spike in news. Circuit City Stores Inc., Dominion Resources Inc.,
and Bluegreen Corp. have the highest srtIndex scores to top the
list of companies with positive news while Take-Two Interactive
Software Inc. and Credence Systems Corp. lead the list of companies
with negative news reports. Kohl's Corp. has popped up with a high
positive news sraIndex score. 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/ MARKET OVERVIEW At
8:30 a.m. today, the news that we've been waiting for all week will
be released -- the February jobs numbers. Estimates are that
225,000 jobs were created and the unemployment rate should stay at
5.2 percent. Then at 9:45 a.m., the Michigan Sentiment should hit
94.3. The April future contract on gold fell $3.00 an ounce on the
regular trading session yesterday at the New York Mercantile
Exchange. Respectable economic data and strength in the U.S. dollar
worked to hold back investment demand for the yellow metal. Gold
could surge higher on weaker-than-expected employment news today,
which would probably result in a drop in the dollar. Other metals
were lower yesterday as well. March silver traded down 7.8 cents to
$7.229 an ounce. In addition, metals stocks sold-off as the AMEX
Gold BUGS lost 1.4 percent and the PHLX Gold and Silver Index lost
1.1 percent. 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 One area enjoying an excellent start to 2005
is the mergers and acquisitions market. In fact, through the first
two months of the year, the market just recorded its second-best
performance on record. While it will take a monumental effort to
surpass the US$399.6 billion worth of deals done in
January-February 2000, this year's US$202.3 billion figure is still
very impressive. Driving the market forward is a slew of major
corporate marriages such as Procter & Gamble's buyout of
Gillette, SBC's acquisition of AT&T, and Federated Department
Stores' purchase of May. Those are just three of the deals done so
far this year, and that's down about 200 from this point in 2004,
which indicates that it's not the quantity of the agreements being
that's propelling the market -- it's the value. In the midst of an
improving economy, companies are finding extra cash these days.
That, coupled with ultra-fierce competition in many industries (for
example, in retail and telecommunications) is leading company
executives to take advantage of a strong market and buy out a rival
to consolidate the business and potentially enjoy increased
profits. While the market remains strong in the US, the picture is
quite different in Europe. Thomson Financial reports that M&A
activity is off to the slowest start this year since 1994. Over the
first two months of 2004, European companies sealed 1,900 merger
deals worth US$140 billion. But this year, that has dropped to just
1,494 agreements totaling US$73.4 billion. The reason? While the US
economy continues to solidify and corporate profits climb, Europe
is struggling to gain momentum amid a rising euro and slowing
export market. In addition, it's a little more difficult for
European companies to merge if they're from different countries and
listed on different stock exchanges. 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 (expected plus 225K, last
plus 146K) 8:30 a.m.: February Unemployment Rate (expected 5.2%,
last 5.2%) 9:40 a.m.: End-January U. of Mich. Consumer Sentiment
Index (expected 94.5, last 94.2) 10:00 a.m.: January Factory Orders
(expected plus 0.3%, last +0.3%) Actively track stocks with
Quote.com's QCharts and get the real time quotes and streaming
technical charts you need to keep up with the market. For your free
30-day trial go to: http://www.investorsobserver.com/MUQuote1 Man
Securities Inc. 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. CRD#
6731 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 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.investorsobserver.com/poweropt 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:
John Gannon of Man Securities Inc., +1-800-837-6212 Web site:
http://www.mansecurities.com/mu.html
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