MORNING UPDATE: Man Securities Issues Alerts for EMC, AGI, AAPL, CDN, and MNST
June 09 2004 - 10:19AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for EMC, AGI, AAPL,
CDN, and MNST CHICAGO, June 9 /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 EMC, AGI, AAPL, CDN, and MNST,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "At the moment, as best we can judge, things
look surprisingly balanced. Indeed, it is rare that we get to this
sort of outlook." -- Alan Greenspan, Chairman, Federal Reserve. New
PriceWatch Alerts for EMC, AGI, AAPL, CDN, and MNST... PRICEWATCH
ALERTS - HIGH RETURN COVERED CALL OPTIONS -- EMC Corp. (NYSE:EMC)
Last Price 11.75 - OCT 11.00 CALL OPTION@ $1.55 -> 7.8 % Return
assigned* -- Alliance Gaming Corp. (NYSE:AGI) Last Price 16.15 -
OCT 12.50 CALL OPTION@ $4.20 -> 4.6 % Return assigned* -- Apple
Computer Inc. (NASDAQ:AAPL) Last Price 30.35 - JUL 30.00 CALL
OPTION@ $1.80 -> 5.1 % Return assigned* -- Cadence Design
Systems, Inc. (NYSE:CDN) Last Price 14.25 - AUG 15.00 CALL OPTION@
$0.50 -> 9.1 % Return assigned* -- Monster Worldwide Inc.
(NASDAQ:MNST) Last Price 28.18 - SEP 25.00 CALL OPTION@ $4.50 ->
5.6 % 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, "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 have flat-lined with a bias lower. Currently eight
of the 15 markets that we track are positive, but the cumulative
average return on the collective stands at a minus 0.044 percent.
Good news out of the manufacturing sector in the United Kingdom as
that sector has apparently emerged from recession in April with
output rising by 0.9 percent from March. According to figures
published by National Statistics, manufacturing output was up 1.0
percent from the same month in 2003. The monthly rise was the
largest since August 2002, and was stronger than expected.
Economists had estimated that manufacturing output would rise by
0.5 percent on the month and 0.3 percent on the year. Prior to the
April rebound, the sector had contracted for two successive
quarters, indicating the sector was in recession. Today is another
light day on the economic and earnings calendar, so it appears that
today's session could well revolve around the price action in the
oil pit. Both the Department of Energy and the American Petroleum
Institute are scheduled to release their weekly inventory reports.
The equities market did seem to respond well to the decline in
crude prices as the session progressed yesterday. Before the market
open the Mortgage Bankers Association (MBA) Refinancing Index for
the week ending June 5 came in at minus 13.9 percent on the heels
of the prior week's 6.6 percent decline. The index has now declined
for a fifth consecutive week. The MBA's Purchase Index declined by
six percent and the MBA Market Index netted an 8.9 percent decline.
At 10:00 a.m., we are expected to learn that April Wholesale Trade
advanced by 0.5 percent, off a bit from the prior month's 0.6
percent rise. 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 The debilitating, degenerative disease
Alzheimer's claimed yet another victim last weekend, this time with
the sad passing of former president Ronald Reagan. It truly is a
terribly distressing way to end a life, both for the sufferer, as
well as family and friends. But some good may result from it. About
58 US senators have now asked President Bush to "relax federal
restrictions on stem cell research," as Reagan's death underlines
the need to conduct further research into such diseases in hopes of
finding a cure. In August 2001, Bush signed an order limiting
federal research funding for stem cell research. But should he
relax his position, stem cell stocks could enjoy a continued run.
Two of those include StemCells Inc. and Aastrom Biosciences Inc.,
which are part of Ian Cooper's portfolio at Taipan's Extreme
Volatility Speculator investment service. After recommending both
stocks to his readers on May 6, Cooper locked in gains on half of
each position in StemCells Inc. (34%) and Aastrom Biosciences Inc.
(23%) yesterday as protection in case Bush doesn't approve the
senators' request. The Extreme Volatility Speculator has prepared
an investor's briefing report. Access this FREE REPORT -- and start
receiving profitable investment advice right here:
http://www.investorsobserver.com/agora7 TODAY'S ECONOMIC CALENDAR
7:00 a.m.: MBA Refinancing Index for the week ending June 5 (last
minus 6.6 percent). 10:00 a.m.: April Wholesale Trade (last plus
0.6 percent). 2:00 p.m.: Treasury's Bodman testifies before US
House Financial Services Committee 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 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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