MORNING UPDATE: Man Securities Issues Alerts for RIMM, MXIM, BJS, HUM, and PDLI
03 November 2004 - 1:09AM
PR Newswire (US)
MORNING UPDATE: Man Securities Issues Alerts for RIMM, MXIM, BJS,
HUM, and PDLI CHICAGO, Nov. 2 /PRNewswire/ -- Man Securities issues
the following Morning Update at 8:30 AM EST with new PriceWatch
Alerts for key stocks. (Logo:
http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO ) Before
the open... PriceWatch Alerts for RIMM, MXIM, BJS, HUM, and PDLI,
Market Overview, Today's Economic Calendar, and the Quote Of The
Day. QUOTE OF THE DAY "Democracy is two wolves and a lamb voting on
what to have for lunch. Liberty is a well-armed lamb contesting the
vote!" -- Benjamin Franklin New PriceWatch Alerts for RIMM, MXIM,
BJS, HUM, and PDLI... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL
OPTIONS ----------- -- Research In Motion (NASDAQ:RIMM) Last Price
92.90 - JAN 85.00 CALL OPTION@ $13.30 -> 6.8 % Return assigned*
-- Maxim Integrated Products Inc. (NASDAQ:MXIM) Last Price 44.21 -
JAN 45.00 CALL OPTION@ $2.10 -> 6.9 % Return assigned* -- BJ
Services Co. (NYSE:BJS) Last Price 50.25 - JAN 47.50 CALL OPTION@
$4.70 -> 4.3 % Return assigned* -- Humana Inc. (NYSE:HUM) Last
Price 20.35 - FEB 20.00 CALL OPTION@ $1.65 -> 7 % Return
assigned* -- Protein Design Labs Inc. (NASDAQ:PDLI) Last Price
19.245 - JAN 17.50 CALL OPTION@ $2.75 -> 6.1 % 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, "Is Your Investment Portfolio Disaster
Proof? - Insights, Stocks, And Strategies." go to:
http://www.investorsobserver.com/FREEDP NOTE: All stocks and
options shown are examples only. These are not recommendations to
buy or sell any security. MARKET OVERVIEW Overseas markets appear
bullish this morning as all the markets that we track are in the
green. With oil prices finally easing, it would appear that other
securities have finally obtained some breathing room. The Hang Seng
gained more than 1.6%. This is being attributed to falling oil
prices and traders' speculation on the US Elections. The December
contract on sweet crude oil dropped $1.63 yesterday, to fall to its
lowest level in a month. Traders seemed to believe that oil prices
have already reached peak levels, at least for the time being, and
decided to cash out some profits. The sell-off in crude came amid
Nigerian unions calling for a strike to shut down oil production.
Obviously markets aren't afraid of a threat to supply stemming from
such a strike, but the reality of the situation is that this could
become a concern. Supply is already tight, and any disruption to
production could cause prices to spike again. The reversal lower in
crude prices sparked a move higher in the dollar and caused a
drop-off in the investment demand for the yellow metal. The
election may cause some near-term volatility, but once the dust
settles, it will be up to the strength of this economy to push
rates (and the dollar) higher. 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 As Americans hit the polls today to elect either
George Bush or John Kerry as the country's next president, the
stock market is in typical "wait-and-see" mode. The election aside,
there are several pieces of economic news out this week. The US
Commerce Department got things underway Monday, reporting that
spending rose at three times the rate of income in September (0.6%
versus 0.2%) as consumers regained momentum after a 0.1% spending
drop in August. That led to 4.6% third quarter consumer spending
growth - three times quicker than the second quarter. One hopes
they're not over-extending themselves as winter approaches and
heating bills rise. That's not to mention the higher oil prices
piling on the cost pressure at the pump. The economy added an
average 103,000 jobs during the third quarter, versus a 240,000 per
month rate between January and June. A Washington Post poll last
week showed 24% of voters saying the economy and jobs is the most
important issue, just edging out the Iraq situation with 23% and
terrorism with 19%. It's not difficult to see why the race is so
close. Voters who cite the economy as most important favor Kerry.
Voters who say Iraq and terrorism is the most vital issue say Bush
would make a better leader. 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
7:45 a.m.: ICSC/UBS Chain Store Sales for the Week ending October
30 (last minus 0.6 percent) 8:55 a.m.: Redbook Retail Sales for the
week ending October 30 (last minus 0.7 percent) 10:00 a.m.: October
Challenger Layoffs (last plus 45 percent) 6:30 p.m: ABC/Money
Magazine Consumer Confidence Index for the week ending October 30
(last minus 11) 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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