MORNING UPDATE: Man Securities Issues Alerts for KLAC, IDCC, KR, HON, and FRED
CHICAGO, March 11 /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 KLAC, IDCC, KR, HON, and FRED, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.
QUOTE OF THE DAY "The Madrid terrorist attack will instill more fearin the market. Fear is
usually a catalyst for selling." -- John Person, head financial analyst, Infinity Brokerage Services New PriceWatch Alerts for KLAC, IDCC, KR, HON, and FRED...
PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -----------
-- KLA-Tencor Corp. (NASDAQ:KLAC)
Last Price 52.41 - JUN 47.50 CALL OPTION@ $7.10 -> 4.8 % Return
assigned*
-- InterDigital Communications Corp. (NASDAQ:IDCC)
Last Price 19.05 - APR 17.50 CALL OPTION@ $2.40 -> 5.1 % Return
assigned*
-- Kroger Co. (NYSE:KR)
Last Price 17.32 - JUL 17.50 CALL OPTION@ $0.95 -> 6.9 % Return
assigned*
-- Honeywell International Inc. (NYSE:HON)
Last Price 32.96 - JUN 32.50 CALL OPTION@ $2.05 -> 5.1 % Return
assigned*
-- Fred's Inc. (NASDAQ:FRED)
Last Price 24.56 - MAY 22.50 CALL OPTION@ $3.00 -> 4.4 % 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 actually in worse shape this morning than yesterday at this
time.None of the 15 covered markets are below water, but the cumulative
average return stands hugely negative at minus 2.064 percent. The major drag on
the group is the Frankfurt DAX shedding 3.34 percent.
Before the market open today, Initial Jobless Claims for the week ending March 6
are expected to come in unchanged versus the 7,000 decline posted in the prior
week. Sharing the 8:30 a.m. time slot, February Retail and Food Sales are
expected to have advanced by 0.5 percent. In January sales suffered their
sharpest decline in 11 months, falling by 0.3 percent. January's headline
number was driven lower by a 3.9 percent decrease in demand at motor vehicles
and parts dealers, the biggest decline in the sector since February 2003. The
most important aspect of this report is sales without the gasoline and auto
inputs. This is more representative of true consumer demand. In January this
figure actually rose by 0.8 percent. Pull out auto sales and February Retail
and Food sales are expected to have risen by 0.5 percent, slowing from the prior
month's 0.9 percent rise. At 10:00 a.m., Federal Reserve Chairman Greenspan
speaks on education in Washington. Although education is the topic, you never
know if the economy may come up. Although this close to a Federal Open Market
Committee (this Tuesday), such a slip is highly unlikely. So, this appearance
could well be a non-event for the market. After the market close, enterprise
software giant and potential market mover Oracle will reveal its third quarter
earning results. Could be a set-up for Friday's market.
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 oil prices rising and US gasoline prices again touching record levels in
the mid $1.70s per gallon, the government is again expressing its concerns. This
happens every time the oil price per barrel nears $40. But oil is a cyclical
business - much like natural gas. The cyclical downturn arises when the price of
energy becomes so great that new, previously too expensive, sources re-establish
themselves in the public eye. On Tuesday, Saudi Arabian officials signed
contracts with foreign oil executives to explore for natural gas in the
country's southern desert. Saudi Arabia has the world's fourth- largest deposits
of gas, but the government has never allowed foreigners to get it out. Christian
DeHaemer at the Red Zone investment group believes this could be the signal of
the top. "High oil and natural gas prices are all over the news. I think it is
overdone." Christian thinks natural gas prices will dip with the warm weather
that will soon occur in North America. He likes contrarian plays on investments
like Energy Select Sector, which tracks US energy companies exclusively.
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.: February Import Prices (last plus 1.3 percent). 8:30 a.m.: Initial Jobless Claims for the week ending March 6 (last minus
7,000). 8:30 a.m.: February Retail and Food Sales (last minus 0.3 percent). 8:30 a.m.: February Retail and Food sales less autos (last plus
0.9 percent). 10:00 a.m.: DJ-BTM Business Barometer for the week ending March 6 (plus
0.1 percent). 10:00 a.m.: Federal Reserve Chairman Greenspan speaks on education in
Washington. 12:00 p.m.: January Chicago Fed Midwest Manufacturing Index (last plus
2 percent). 4:30 p.m.: Money Supply.
Man Financial Incis 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 foryour first month plus seven free bonuses worth
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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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