ATYT Ati Technologies

MORNING UPDATE: Man Securities Issues Alerts for MSFT, NVDA, ATYT, CD, and HLTH CHICAGO, Aug. 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 MSFT, NVDA, ATYT, CD, and HLTH, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Oil is spiking now mostly for technical reasons. There isn't any real demand or economic reason for it to do so. There's a little oil bubble here." -- Edgar Peters, chief investment officer, PanAgora Asset Management New PriceWatch Alerts for MSFT, NVDA, ATYT, CD, and HLTH... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Microsoft Corp. (NASDAQ:MSFT) Last Price 27.14 - OCT 27.50 CALL OPTION@ $0.90 -> 4.8 % Return assigned* -- NVIDIA Corp. (NASDAQ:NVDA) Last Price 9.43 - DEC 7.50 CALL OPTION@ $2.40 -> 6.7 % Return assigned* -- ATI Technologies Inc. (NASDAQ:ATYT) Last Price 14.40 - NOV 12.50 CALL OPTION@ $2.45 -> 4.6 % Return assigned* -- Cendant Corp. (NYSE:CD) Last Price 21.46 - NOV 20.00 CALL OPTION@ $2.25 -> 4.1 % Return assigned* -- WebMD Corp. (NASDAQ:HLTH) Last Price 7.70 - SEP 7.50 CALL OPTION@ $0.55 -> 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, "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 The U.S. Dollar Index fell 1.28 points on Friday in the wake of extremely weak jobs data relative to expectations. Non-farm payrolls added 32,000 for the month of July, falling far short of economists' expectations for a 215,000 increase. The Dollar Index gapped below its 10 and 20-day moving averages and closed the week below its 10 and 20-week moving averages. This is quite bearish for the greenback from a technical standpoint. If the economic outlook fails to improve, the dollar may continue to struggle. The Federal Reserve will not move very quickly to raise interest rates as long as the strength of the economy is in question. This does not bode well for the buck, as foreign investors will avoid the paltry returns on dollar-denominated assets. 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 It appears the U.S. budget deficit will easily smash the record $374 billion total set in fiscal 2003. According to the latest Congressional Budget Office forecast, the figure will balloon to $422 by the end of fiscal 2004 on September 30. However, this is at least lower than the previous $477 billion estimate, thanks to higher tax receipts. This is likely to be an increasingly hot issue in the run up to November's presidential election. George Bush blames the debt on recession, war and increased funding to fight terrorism. But John Kerry says the high deficit endangers the U.S. economy and says Bush acted recklessly in authorizing the $1.7 billion tax cut package. Elsewhere, the market suffered another pummeling after July's miserable job report (just 32,000 new jobs), with Canada also enduring a paltry 8,700 job rise in July -- well short of the estimated 25,000 and second quarter monthly average of 43,000. With a drop of 38,900 positions, July marked the first time in 11 months that full-time hiring fell, with virtually all the job losses coming from the service sector. Manufacturing remained solid however, with a gain of 20,700 jobs -- the biggest gain in 21 months and a good sign that Canada's export market will also remain strong. Oil company KCS Energy continued to take advantage of tight oil supplies and surging prices, reporting a 12% increase in second quarter operating income. For the first six months of 2004, operating income totaled $47.7 million over $39.7 million from January-June 2003 -- a 20% advance. 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 8:30 a.m.: July Non-farm Payrolls (seen at plus 215,000, last plus 112,000). 8:30 a.m.: July Unemployment Rate (seen at 5.6 percent, last 5.6 percent). 9:40 a.m.: July ECRI Inflation Gauge (last 117.6). 3:00 p.m.: June Consumer Credit (seen at plus $3.5 billion, last plus $8.2 billion). 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/ 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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