VC Visteon Corporation

MORNING UPDATE: Man Securities Issues Alerts for PSFT, KLAC, VC, X, and SPLS CHICAGO, Sept. 13 /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 PSFT, KLAC, VC, X, and SPLS, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The trade deficit is costing the U.S. economy at least 1.5 million jobs and is reducing economic growth by at least one percentage point a year." -- Peter Morici, professor, University of Maryland New PriceWatch Alerts for PSFT, KLAC, VC, X, and SPLS... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- PeopleSoft Inc. (NASDAQ:PSFT) Last Price 19.79 - JAN 17.50 CALL OPTION@ $3.00 -> 4.2 % Return assigned* -- KLA-Tencor Corp. (NASDAQ:KLAC) Last Price 39.82 - DEC 37.50 CALL OPTION@ $4.50 -> 6.2 % Return assigned* -- Visteon Corp. (NYSE:VC) Last Price 8.00 - DEC 7.50 CALL OPTION@ $0.90 -> 5.6 % Return assigned* -- U.S. Steel Corp. (NYSE:X) Last Price 38.68 - JAN 35.00 CALL OPTION@ $6.20 -> 7.8 % Return assigned* -- Staples Inc. (NASDAQ:SPLS) Last Price 30.00 - DEC 30.00 CALL OPTION@ $1.70 -> 6 % 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 starting the week out in fine fashion led by a 180- degree turnaround in the Nikkei. Of the 15 markets that we track, 13 are currently in positive territory. The cumulative average return on the group stands at a plus 0.449 percent. Looking at a daily chart of the Nikkei, it appears that a reversal day was set in place. That pattern occurs, looking at the past three daily bars, when the high of day two is lower than the low of both days one and three and separated by a chart gap. The lows of day one and three stood at 11145.80 and 11131.00 respectively, while the high of day two stands at 11090.00. In other words, this is a bullish pattern setting up on the Nikkei. Not too much scheduled today except for a regional manufacturing report offered up by the Kansas City Federal Reserve and an earnings report out of a major soup company. The economic calendar does indeed pick up covering topics ranging from retail sales to business inventories and consumer prices to consumer sentiment. The manufacturing sector will be highlighted through several reports this week culminating with the monthly industrial production and capacity utilization numbers. Oracle's first quarter earnings report after the market close tomorrow would seem to be the one that could impact the market this week. 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 hurricanes Charley and Frances already having swept through the state of Florida and wreaked major destruction, poor Floridians may yet have to deal with yet another unwelcome natural disaster in the shape of the monstrous hurricane Ivan - a Category 4 storm packing winds around 145-155mph. Although the storm veered west over the weekend, taking it away from making landfall in central Florida, it remains over the warm Caribbean and Gulf waters, so it could still strengthen and drift back eastwards towards Florida sometime early on Tuesday. Many are suffering throughout the storm-weary state - from the residents compelled to evacuate and rebuild their homes and lives, to the insurance companies left footing the bill. While the insurance companies would have to pay out billion in claims, they wouldn't be able to raise current insurance rates without attracting state insurance regulator attention. According to estimates, Charley has already caused about US$6.8 billion in losses, and Frances could cost between US$3-10 billion. Anticipating that Ivan will come through Florida, the markets are already responding by running from insurance stocks like Allstate. At the 247Profits Group's Extreme Volatility Speculator investment service, chief trader Ian Cooper had his readers positioned on the short side of Allstate before Frances swept ashore just over a week ago. While most insurance companies can better withstand the pressures faced 12 year ago with Hurricane Andrew, look for further downside in insurance companies like Allstate. Find out more about Ian Cooper's highly-successful, news-driven Extreme Volatility Speculator investment service and how you can claim fast, consistent profits. Simply follow this link to read his special FREE REPORT: http://www.investorsobserver.com/agora7 TODAY'S ECONOMIC CALENDAR 10:00 a.m.: Second Quarter Manufacturing Profits. 11:00 a.m.: August Kansas City Fed Mfg Index (last 20). 2:00 p.m.: August Budget Statement (last minus $69.16 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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