MAY Malaysia Fund (The)

MORNING UPDATE: Man Securities Issues Alerts for PFE, VOD, HL, MAY, And AMX CHICAGO, Feb. 17 /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 PFE, VOD, HL, MAY, and AMX, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "We really ought to be pointing towards a convergence to zero. That's where we need to go. We need to get on a path to a truly balanced budget." -- John Snow, Treasury Secretary, United States New PriceWatch Alerts for PFE, VOD, HL, MAY, and AMX... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Pfizer Inc. (NYSE:PFE) Last Price 37.38 - JUN 37.50 CALL OPTION@ $1.55 -> 4.7 % Return assigned* -- Vodafone Group Plc (NYSE:VOD) Last Price 25.76 - APR 25.00 CALL OPTION@ $1.85 -> 4.6 % Return assigned* -- HeclaMining Co. (NYSE:HL) Last Price 7.96 - MAR 7.50 CALL OPTION@ $0.85 -> 5.5 % Return assigned* -- May Department Stores Co. (NYSE:MAY) Last Price 34.80 - JUN 35.00 CALL OPTION@ $1.90 -> 6.4 % Return assigned* -- America Movil, S.A. (NYSE:AMX) Last Price 35.78 - MAY 35.00 CALL OPTION@ $2.30 -> 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, "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 are looking quite chipper this morning as 13 of the 15 markets that we track are currently in positive territory. The cumulative average return on the group stands at a positive 0.590 percent. A sentiment survey of financial analysts indicated that the polled group was a bit less optimistic about Germany's growth prospects in February than the previous month. The Zentrum fuer Europaeische Wirtschaftsforschung's (ZEW) economic expectations index fell to 69.9 in January from the 72.9 posted in December and below the 72.4 that economists had forecast. For reference purposes, a number above zero signals that more analysts are optimistic than pessimistic on the economic outlook. The index remained well above the low of 0.6 recorded in December 2002 and exceeded the historical mean of 33 points, suggesting that economic recovery is under way. The 8:30 a.m. release of the February Empire State Manufacturing Survey is expected to show an advance to 40.5 from January's reading of 39.22. At 9:15 a.m., January Capacity Utilization is expected to have improved to 76.2 percent of use (last 75.8 percent). The companion report, January Industrial Production, is expected to have posted a strong 0.7 percent rise versus December's plus 0.1 percent effort. Overall, it will be a reasonably light week on both the earnings and economic calendars. On Thursday the producer level is accompanied by January leading indicators. By Friday, a look at inflation at the consumer level is accompanied by an appearance of Federal Reserve Chairman Greenspan. 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 the market taking an extended breather over the holiday weekend, what can you expect fromtoday's activity? Studies show that the market usually advances the day after Presidents' Day, as traders return in a buying mood. In fact, that's been the case for the Dow in each of the last ten years. Brit Ryle, chief trading strategist at Money Flow Matrix Trader, says, "The potential for a rally this morning is strong. However, depending on conditions, this could be an ideal time to enter a new put position. My charts indicate the NASDAQ is going to forego a re-test of recent highs at 2153 and should have another 1-3 days of weakness. However, I'm not ruling out the possibility of more upside. While I believe the NASDAQ is establishing a top, resulting in a deeper correction than we've seen in over a year, it's not the type of top that clearlyshows a change in trend. So to sum up, I'm looking for another 1-3 days of weakness, followed by a rally at the end of the week." To sign up and receive information on where to invest your money, read incisive daily political, economic, and market commentary, and gain access to a network of financial experts, follow this link: http://www.investorsobserver.com/agora2 TODAY'S ECONOMIC CALENDAR 8:30 a.m.: February Empire State Manufacturing Survey (last 39.22). 9:15 a.m.: January Capacity Utilization (last 75.8 percent). 9:15 a.m.: January Industrial Production (last plus 0.1 percent). 1:00 p.m.: February NAHB Housing Index. 6:30 p.m.: ABC/Money Magazine Consumer Confidence for the week ending February 14 (last minus 6). FYI: Wisconsin primary. 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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