MAY Malaysia Fund (The)

MORNING UPDATE: Man Securities Inc. issues alerts for AAPL, MAY, CFC, ELNK, and ADIC CHICAGO, Feb. 22 /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 AAPL, MAY, CFC, ELNK, and ADIC, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Labor costs have been largely under control, and that's why we haven't seen any significant surge in inflation." -- Joel Naroff, Naroff Economic Advisors. New PriceWatch Alerts for AAPL, MAY, CFC, ELNK, and ADIC... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Apple Computer Inc. (NASDAQ:AAPL) Last Price 86.81 - MAR 85.00 CALL OPTION@ $5.20 -> 4.2 % Return assigned* -- May Department Stores Co. (NYSE:MAY) Last Price 33.45 - JUN 32.50 CALL OPTION@ $2.60 -> 5.3 % Return assigned* -- Countrywide Financial Corp. (NYSE:CFC) Last Price 34.96 - APR 35.00 CALL OPTION@ $1.80 -> 5.5 % Return assigned* -- Earthlink Inc. (NASDAQ:ELNK) Last Price 8.62 - JUL 7.50 CALL OPTION@ $1.55 -> 6.1 % Return assigned* -- Advanced Digital Information Corp. (NASDAQ:ADIC) Last Price 8.80 - JUN 7.50 CALL OPTION@ $1.65 -> 4.9 % 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, Allied Waste Industries Inc., Home Depot Inc., and Omnicom Group Inc. lead the list of companies with the most news stories while Omnicom Group Inc. and Hanover Compressor are showing a spike in news. Novartis AG, Eon Labs Inc., and Sina Corp. have the highest srtIndex scores to top the list of companies with positive news while King Pharmaceuticals, Inc. and Gymboree Corp. lead the list of companies with negative news reports. Shanda Interactive Entertainment Ltd. 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 With everyone coming back from the three day weekend, expect a quiet day in terms of news driving events. The only major economic data due out today is the February Consumer Confidence numbers at 10:00 a.m. Expectations are for a 103.0 reading, just below last period's 103.4. So far this morning, Europe is lower across the board, the dollar is getting hit and gold is doing great as it's gained over five bucks. The U.S. Dollar Index gained 0.02 points, finding support near the $83.50 area. The old greenback spiked clear up to 83.78 immediately after the inflation numbers were released, but fell steadily lower as the day progressed. The threat of higher inflation had traders thinking the Fed would increase interest rates more aggressively to combat inflation from getting out of control. These higher interest rates should in theory make the dollar more attractive to foreign investors due to its higher yield when compared with other currencies. Yet as the day went on, traders decided against holding dollars over the three day weekend and instead sold the greenback. 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 Just one week ago, Federal Reserve chairman Alan Greenspan said this to the Senate Banking Committee: "The economy seems to have entered 2005 expanding at a reasonably good pace, with inflation and inflation expectations well anchored." But news from the Labor Department at the end of last week suggested the opposite. In fact, it was a huge shock, with the announcement that "core" inflation jumped 0.8% in January. Ironically, this is the category that excludes the often volatile energy and food prices, but the rise was the biggest since December 1998. Besides the sharp rise in the core rate, the overall PPI also edged up 0.3% in January. Expectations called for both figures to rise just 0.2%. Even Greenspan himself appeared to be confused as to how the economy is performing. In his statement to Congress, he labeled the relationship between short-term and long-term Treasury bond rates as "a conundrum," and even "an aberration." So if the economy was as solid as Greenspan and other bullish economists in Washington and New York suggest, wouldn't investors be more interested in buying 30-year Treasury notes? Elsewhere, the resilient US housing market continues to defy those who believe the bubble is about to burst, with the news that housing starts jumped 4.7% in January to a 21-year high of 2.16 million units. That was much higher than forecasts that called for the rate to decline 3.5% to 1.93 million. This comes after December starts were revised higher to show a 14.3% increase to 2.06 million, and also after a hefty drop in November resulted in many boldly predicting an end to the housing boom. For his part, Greenspan stated recently that he sees no evidence of a housing bubble. And although he expects prices to moderate, he says, "I don't expect we'll run into anything resembling a collapsing bubble." 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 10:00 a.m.: February Richmond Fed Manufacturing Index (last +2) 10:00 a.m.: February Conference Board Consumer Confidence Index (last 103.4) 6:30 p.m.: ABC/Washington Post Consumer Confidence Index for last week (last -10) 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 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: John Gannon of Man Securities Inc., +1-800-837-6212 Web site: http://www.mansecurities.com/mu.html

Copyright