MORNING UPDATE: Man Securities Issues Alerts for AMGN, WDC, KRB, VC, and HLIT
24 April 2004 - 12:48AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for AMGN, WDC, KRB,
VC, and HLIT CHICAGO, April 23 /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 AMGN, WDC, KRB, VC, and HLIT,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "Overall corporate IT spending continued to
improve and we expect to see healthy demand through the end of our
fiscal year." -- John Connors, chief financial officer, Microsoft
Corp. New PriceWatch Alerts for AMGN, WDC, KRB, VC, and HLIT...
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- --
Amgen Inc. (NASDAQ:AMGN) Last Price 57.14 - OCT 55.00 CALL OPTION@
$5.40 -> 6.3 % Return assigned* -- Western Digital Corp.
(NYSE:WDC) Last Price 8.98 - JUL 7.50 CALL OPTION@ $1.85 -> 5.2
% Return assigned* -- MBNA Corp. (NYSE:KRB) Last Price 25.96 - SEP
25.00 CALL OPTION@ $2.40 -> 6.1 % Return assigned* -- Visteon
Corp. (NYSE:VC) Last Price 11.45 - SEP 10.00 CALL OPTION@ $1.85
-> 4.2 % Return assigned* -- Harmonic Inc. (NASDAQ:HLIT) Last
Price 8.40 - MAY 7.50 CALL OPTION@ $1.20 -> 4.2 % 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 much
improved over this same period compared to yesterday. Currently 14
of the 15 markets that we track are positive with a cumulative
average return on the collective standing a plus 0.723 percent.
Closing at its highs for the week, the Nikkei added 2.5 percent on
the week to accomplish a second weekly close above the 12,000 level
over the past three weeks. Growth in the United Kingdom appears to
have slowed a bit in the first quarter. The preliminary Gross
Domestic Product came in at plus 0.6 percent over the fourth
quarter and plus 3.0 percent over the first quarter of 2003.
Analysts were looking for plus 0.7 percent and plus 3.1 percent
respectively. The fourth quarter finalized figures showed a 0.9
percent rise over the prior quarter and a 2.7 percent
year-over-year rate of growth. Despite the Q1 apparent shortfall,
it was the best year-over-year performance since the third quarter
of 2000 and above the 2.5 percent trend of growth. The week should
end on a calm note as the earnings calendar dwindles to a
manageable handful and the 8:30 a.m. release of March Durable Goods
Orders represents the sum of today's economic data. The Durable
goods figure is expected to have slowed a bit to a plus 0.7 percent
from February's heated 2.5 percent rise. 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 "The latest unemployment claims number isn't
terrible. But it suggests the job market is still weak, which means
an interest rate hike isn't imminent. Over the last month, the
10-year bond yield has gone from 3.7% to over 4.4%, effectively
pricing in a 0.5% hike. It looks like it's time to give some of
that back." That's according to Brit Ryle at the Taipan Group's
Money-Flow Matrix Trader service. Elsewhere, Xybernaut enjoyed a
healthy bounce to $1.49 on a $350,000 new order from Europe for its
wearable computer technology. Specifically, the order concerned
Xybernaut's Mobile Assistants, which will be used for airport
security and management. Since advising investors to buy Xybernaut,
William Colburn, chief trader at Value Edge, is up 51% on the
position. And amid talk that Sony, Texas Pacific Group and
Provident Equity Partners are set to bid $5 billion for MGM,
directors at the film/television company could vote as early as
next week on a special $8 dividend. That would be great news for
Ian Cooper's traders at the Extreme Volatility Speculator, who can
hope to add to their 10.3% gains over the last two weeks. The
editorial team has prepared a special FREE REPORT for you -
"America's 1,300 Fastest-Growing Companies." You can access it
immediately by following this link:
http://www.investorsobserver.com/agora1 TODAY'S ECONOMIC CALENDAR
8:30 a.m.: Fed Vice Chairman Ferguson speaks on global imbalance at
European Institute's financial affairs roundtable in Washington.
8:30 a.m.: March Durable Goods Orders (last plus 2.5 percent). 2:15
p.m.: Fed Gov Bernanke speaks on monetary policy at World Economy
Laboratory Conference 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:
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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