MORNING UPDATE: Man Securities Issues Alerts for TWX, SOHU, QLGC, MLNM, and MWY
30 April 2004 - 12:27AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for TWX, SOHU, QLGC,
MLNM, and MWY CHICAGO, April 29 /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 TWX, SOHU, QLGC, MLNM, and MWY,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "We're very pleased with the company's strong
financial performance this quarter, as we're off to a great start
for the year." -- Dick Parsons, Chairman and Chief Executive, Time
Warner Inc. New PriceWatch Alerts for TWX, SOHU, QLGC, MLNM, and
MWY... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS
----------- -- Time Warner Inc. (NYSE:TWX) Last Price 16.51 - JUL
17.00 CALL OPTION@ $0.55 -> 6.5 % Return assigned* -- Sohu.com
Inc. (NASDAQ:SOHU) Last Price 19.20 - MAY 17.50 CALL OPTION@ $2.80
-> 6.7 % Return assigned* -- QLogic Corp. (NASDAQ:QLGC) Last
Price 26.69 - JUN 25.00 CALL OPTION@ $2.95 -> 5.3 % Return
assigned* -- Millennium Pharmaceuticals Inc. (NASDAQ:MLNM) Last
Price 17.28 - JUN 15.00 CALL OPTION@ $3.00 -> 5 % Return
assigned* -- Midway Games Inc. (NYSE:MWY) Last Price 8.74 - JUN
7.50 CALL OPTION@ $1.60 -> 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 appear
to be following through on yesterday's declines. Currently none of
the 14 markets actively trading markets (the Nikkei is closed for
Golden Week, which is a collection of four holidays spread over a
one week period) that we track are positive and the cumulative
average return on the group stands at a minus 1.22 percent. Turning
to the United Kingdom, the headline index of consumer confidence
rose to a minus 2 in April from minus 3 in March, this according to
a survey published today by Martin Hamblin GfK. It was the first
rise since January, but the index remains below its five-year
average of zero. The rise was just beneath expectations for a minus
1 reading. Before the start of regular trade today, we get hit with
a couple of key pieces of economic data. The Advance First Quarter
Gross Domestic Product for the first quarter is expected to rise to
a plus 5.0 percent versus the fourth quarter's final booking of a
4.1 percent advance. As we mentioned yesterday, you will want to
keep an eye on the PCE (personal consumption expenditures)- Price
deflator, an indication of inflation. A sharp rise here could well
further spook an already apprehensive market. During the same time
the First Quarter Employment Cost Index is expected to have
advanced by 0.9 percent in the first quarter. The cost of hiring
and retaining an employee rose by 0.7 percent in the fourth
quarter. And speaking of employees, Initial Jobless Claims for the
week ending April 24 are expected to have declined by 10,000
following the prior week's 9,000 drop-off. 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 investment team at the Taipan Group's Profit Hog
franchise have been touting the upside potential on MGM for six
weeks now. One look at the company's news reveals two key reasons
for their bullishness. First, there's the
speculation-turned-reality of a huge $8 per share dividend payout
in mid- May. Second, MGM is currently subject to fierce takeover
speculation on Wall Street. One suitor is Sony, who has submitted a
"letter of acquisition interest." Although there's no official
comment yet, sources say a $5 billion deal is being considered,
which would include debt and the dividend payments. With a motion
picture library of around 4,200 titles, MGM would represent a major
acquisition for any successful bidder. Interestingly, another
potential suitor could be Comcast. After shelving its bid for
Disney on Wednesday, the Philadelphia-based cable company could
turn its attention to MGM. Time-Warner has also expressed an
interest in MGM. For MGM investors, including those at the Profit
Hog, this is excellent news, as stiff competition will likely drive
the share price higher. In fact, it's already happening. From a
price of $16.20 as recently as March 15, MGM closed Wednesday at
$21.06 - a gain of 30%. Profit Hog investors are up 20% since
buying at $17.50 on March 16. The nanotechnology revolution
continues to spread across the globe. The Profit Hog's Christian
DeHaemer has written a comprehensive FREE report. Read it
immediately by following this link:
http://www.investorsobserver.com/agora6 TODAY'S ECONOMIC CALENDAR
8:30 a.m.: Advance First Quarter Gross Domestic Product (Q4, plus
4.1 percent). 8:30 a.m.: First Quarter Employment Cost Index (Q4,
plus 3.8 percent). 8:30 a.m.: Initial Jobless Claims for the week
ending April 24 (last minus 9,000). 10:00 a.m.: March Conference
Board Help Wanted Index (last 40) 10:00 a.m.: DJ-BTM Business
Barometer for the week ending April 17 (last minus 0.2 percent).
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
Copyright
Midway Games (NYSE:MWY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Midway Games (NYSE:MWY)
Historical Stock Chart
From Jul 2023 to Jul 2024