MORNING UPDATE: Man Securities Issues Alerts for CMCSA, NTAP, ADSK, AFCI, and GT
20 May 2004 - 12:33AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for CMCSA, NTAP, ADSK,
AFCI, and GT CHICAGO, May 19 /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 CMCSA, NTAP, ADSK, AFCI, and GT,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "HP delivered a strong quarter with solid
revenue gains and continued profitability across the portfolio." --
Carly Fiorina, chairman and chief executive officer,
Hewlett-Packard New PriceWatch Alerts for CMCSA, NTAP, ADSK, AFCI,
and GT... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS --
Comcast Corp. Class A (NASDAQ:CMCSA) Last Price 28.13 - JUL 27.50
CALL OPTION@ $1.70 -> 4 % Return assigned* -- Network Appliance
Corp. (NASDAQ:NTAP) Last Price 20.70 - SEP 17.50 CALL OPTION@ $4.30
-> 6.7 % Return assigned* -- Autodesk, Inc. (NASDAQ:ADSK) Last
Price 33.69 - OCT 30.00 CALL OPTION@ $5.30 -> 5.7 % Return
assigned* -- Advanced Fibre Communications, Inc. (NASDAQ:AFCI) Last
Price 17.30 - SEP 15.00 CALL OPTION@ $3.30 -> 7.1 % Return
assigned* -- Goodyear Tire & Rubber Co. (NYSE:GT) Last Price
8.16 - JUN 7.50 CALL OPTION@ $1.05 -> 5.5 % 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 higher once again with all 15 markets that we track in
positive territory with an average increase of 1.56 percent.
Markets were in a temporarily oversold condition over geopolitical
fears. An absence of any major problems in the Middle East may help
markets to continue to push forward in the near-term. Many of the
underlying problems that have caused the pullback in equity prices,
such as high energy prices, the specter of higher interest rates,
and increased risk factors, are still in place and could cause
further declines. Oil prices finally came down yesterday after
gaining nearly seven percent on five straight trading sessions.
OPEC is now considering increasing their production; President
Purnomo Yusgiantoro says the organization could supply an extra 10
to 15 percent more oil to the world market if necessary, but it is
already producing two million barrels per day over its current
production ceiling. The Bush administration has said that it will
not release crude oil from the nation's emergency stockpile to help
ease record high gasoline prices. 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 After Monday's 564-point market meltdown, India's
Bombay stock exchange inevitably rebounded after such a huge slump.
The index clawed back 371 points (8.2%) on Tuesday, on news that
leader of the incoming Congress party Sonia Gandhi has turned down
the prime minister's job. Apparently, President A.P.J. Kalam has
doubts that Gandhi can form a stable government and her family is
concerned for her security. Gandhi is the subject of vigorous
protests that she shouldn't lead the country because she only
claimed Indian citizenship in 1983, having been born in Italy.
According to Uma Bharti, sports minister in the outgoing
government, having Gandhi as prime minister "will put national
security and country's self-respect in jeopardy". Alternatively,
Senior Congress member Salman Khursheed said the "cause is lost"
with Gandhi rejecting the prime ministerial job. Nevertheless, she
will offer the job to former finance minister Manmohan Singh. After
Monday's huge slide, Ian Cooper, editor of Taipan's Red Zone
investment group, followed one of the team's key profit-making
trading rules: "When a market crash occurs, find the companies that
sank the most ... then buy them." He applied it to Indian companies
HDFC Bank and Satyam Computers Services, knowing that both were
likely to bounce following the sell off. And bounce they did. Less
than 24 hours later, Cooper cashed out today and took 29% and 10%
gains respectively for his investors. The Red Zone team has written
a comprehensive report on America's growing obesity problem -- and
identified several ways for you to profit from companies aiming to
solve it. To find out more, simply follow this link to access the
FREE REPORT: http://www.investorsobserver.com/agora9 TODAY'S
ECONOMIC CALENDAR 7:00 a.m.: April MBA Refinancing Index (last
minus 13.2 percent). 8:30 a.m.: Federal Reserve Governor Bies
speaks on corporate governance in Arlington, Va. 1:45 p.m.: Fed Gov
Gramlich speaks on GSEs and neighborhood reinvestment 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:
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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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