MAY Malaysia Fund (The)

MORNING UPDATE: Man Securities Issues Alerts for TASR, AMTD, WYE, NXTP, and MAY CHICAGO, Nov. 9 /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 TASR, AMTD, WYE, NXTP, and MAY, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Oil can have, obviously, a major impact on consumer spending -- it acts like a tax." -- Peter Zuleba, senior portfolio manager, Glenmede Trust Co. New PriceWatch Alerts for TASR, AMTD, WYE, NXTP, and MAY... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Taser International Inc. (NASDAQ:TASR) Last Price 54.11 - DEC 47.50 CALL OPTION@ $9.50 -> 6.5 % Return assigned* -- Ameritrade Holding Corp. (NASDAQ:AMTD) Last Price 13.16 - JAN 12.50 CALL OPTION@ $1.30 -> 5.4 % Return assigned* -- Wyeth (NYSE:WYE) Last Price 40.30 - JAN 40.00 CALL OPTION@ $1.85 -> 4.0 % Return assigned* -- Nextel Partners, Inc. (NASDAQ:NXTP) Last Price 18.35 - FEB 17.50 CALL OPTION@ $1.75 -> 5.4 % Return assigned* -- May Department Stores Co. (NYSE:MAY) Last Price 27.04 - JAN 27.50 CALL OPTION@ $1.30 -> 6.8 % 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. MARKET OVERVIEW Overseas markets are mostly in the red this morning. In Europe only the FTSE has managed to stay in the green. Traders could be practicing defensive trading as last week's bullish run is behind them and the FOMC meeting is looming ahead. The DAX dropped on news that the ZEW survey indicated confidence among German investors has dropped to a new low. In Asian markets, the Hang Sang bounced off a double top with a high-created eight months ago to close lower. It would appear that significant momentum would be needed to breach this level. Expect a quiet day as trading ahead of tomorrow's Fed decision on interest rates at 2:15 p.m. The only major economic report due out is the September wholesales inventories, which should increase by 0.7 percent, below last period's 0.9 percent gain. Tech leader Cisco Systems is the largest name reporting today. Analysts are looking for the company to earn 21 cents a share, four cents better than last year. As always, Cisco has the potential to move the entire market, so keep your eyes pealed. 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 Corporate America has enjoyed an excellent year. Earnings among S&P 500 companies are projected to be up almost 20% by the time 2004 is over. So should you look for more of the same trend in 2005? Not so fast, says Ken Shea, managing director of the S&P's global equity research. Quoted in Business Week, Shea expects profit growth to tumble down to 9% next year. Look for the traditional "Old Economy" stocks to outperform the market. This includes defense stocks, consumer services and financials. Don't, however, look for oil prices to decline at any great pace. The two main forces moving the oil market - a supply/demand crunch and a rash of geopolitical problems - don't look like abating any time soon. While it's true that OPEC is pumping oil at full speed, and US reserves are up slightly, thanks to production resuming in the key Gulf of Mexico region, several other woes still exist. Chief among them is the full-scale military offensive currently underway in the insurgent-held Iraqi city of Fallujah. As such, expect more pressure on oil prices that blissfully dipped under US$50 per barrel last week, away from the highs set in October. This isn't good news for Americans already spending about 5% of their income on energy costs like heating, electricity and gasoline. Pretty steep in today's terms, but not as much as the average 8% of income consumers set aside for such expenses during the 1980's. 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 7:45 a.m.: ICSC/UBS Chain Store Sales for the week ending November 6 (last minus 0.3 percent) 8:55 a.m.: Redbook Retail Sales for the week ending November 6 (last minus 0.6 percent) 10:00 a.m.: October Richmond Fed Manufacturing Index (last plus 22) 10:00 a.m.: September Wholesale Trade (last plus 0.9 percent) 6:30 p.m.: ABC/Money Magazine Consumer Confidence Index for the week ending November 6 (last minus 5) FREE 2005 INVESTING ALERT from Lou Dobbs! Exclusive WEALTH STRATEGY for consistent, long-term gains! 5 top stocks for safe-and big-profits. Protect yourself now. Yours FREE Here! http://www.investorsobserver.com/ld Man Securities 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. 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/ The Lou Dobbs Money Letter - FREE INVESTING ALERT from Lou Dobbs! 5 top stocks for safe-and big-profits. 6 investment landmines you must avoid. PLUS why you should stay away from Wall Street's Next Big Thing. Protect yourself now! Yours FREE Here! http://www.investorsobserver.com/ld 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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