MOGN Mgi Pharma (MM)

MORNING UPDATE: Man Securities Issues Alerts for TWX, FSH, FDX, JBL, and MOGN CHICAGO, March 18 /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 TWX, FSH, FDX, JBL, and MOGN, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The market did its adjustment, and it's encouraged a bunch of buyers." -- Hugh Johnson, chief investment officer, First Albany Corp. New PriceWatch Alerts for TWX, FSH, FDX, JBL, and MOGN... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Time Warner Inc. (NYSE:TWX) Last Price 16.86 - JUL 16.00 CALL OPTION@ $1.55 -> 4.5 % Return assigned* -- Fisher Scientific Intl. Inc. (NYSE:FSH) Last Price 52.10 - JUN 50.00 CALL OPTION@ $4.40 -> 4.8 % Return assigned* -- Federal Express Corp. (NYSE:FDX) Last Price 71.59 - JUL 70.00 CALL OPTION@ $4.80 -> 4.8 % Return assigned* -- Jabil Circuit Inc. (NYSE:JBL) Last Price 28.16 - JUN 25.00 CALL OPTION@ $4.30 -> 4.8 % Return assigned* -- MGI Pharma Inc. (NASDAQ:MOGN) Last Price 56.68 - JUL 50.00 CALL OPTION@ $9.50 -> 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 thelink 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 have slipped back into the doldrums, as just one of the 15 markets that we track is currently positive. The cumulative average return on the group stands at a negative 0.610 percent. Retail sales in the United Kingdom in February were flat at no change over January sales. On a year over year basis, sales were higher by 6.5 percent. Analysts had expected a minus 0.2 percent and a plus5.7 percent reading respectively, due to the fact that the Bank of England has raised interest rates twice over the past three months. The continued rise in consumer spending may well open the door for a third interest rate hike by the governing body.If you are a currency trader, you might consider that move bullish for the pound over the U.S. dollar, not exactly what a U.K. exporter would like to see develop. Before the market open today, Initial Jobless Claims for the week ending March 13 are expected to have risen by 4,000, practically offsetting the 6,000 decline of the prior week. Sharing the same time slot, the long awaited January Producer Price Index (PPI) is seen higher by 0.4 percent versus the December 0.3 percent rise. This data is now obsolete and should go unnoticed by the market. The companion report, January Producer Price Core Index, less food & energy, is seen higher by 0.1 percent versus the December 0.1 percent decline. At 10:00 a.m., the February Leading Economic Indicators are scheduled for release. January's rise was the largest rise since October and took the index up to 115.0. The index, which attempts to predict future U.S. economic activity, was equal to 100 in 1996. In the January report, five of 10 indicators rose. The largest positive contributors to the index were consumer expectations, stock prices, and average weekly manufacturing hours. The most significant negative contributors were building permits and interest- rate spreads. Another precursor to the Institute for Supply Managers Index (ISM) is the 12:00 p.m. release of the March Philadelphia Fed Index. Like the Empire State report, this report is expected to have declined to 30.0 versus the 31.4 reported in February. At 2:00 p.m., FOMC Minutes for the January meeting will be made public. 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 In just a few short hours, the 2004 NCAA basketball tournament will tip off. For the 64 teams, this is where the real business begins after a long, hard season. For diehard fans and casual observers alike, no more time to ponder the brackets for the office pool. And for television companies, advertisers and websites, the tournament really offers a lucrative chance to cash in on the "Madness." Once the games begin, the action will be followed with fervent interest at offices, colleges, schools and households across America. With that in mind, Ian Cooper, chief trading strategist at the Extreme Volatility Speculator investment group, likes short-term investments like CBS Sportsline.com. Throughout the championship, the website will offer many of the games online for those unable to watch on television. The appeal to fans will be far-reaching during the workday. And for advertisers, it brings a prime opportunity to reach core audiences. For speculative investors, it's also a great chanceto take advantage of a historical trend. On Wednesday for example, CBS Sportsline stock closed up 25 cents (19.2%) at $1.55, 15% above its 50-day Exponential Moving Average (EMA) with volume of 1.5 million shares over 7 times higher than its average daily volume. Cooper is bullish because the stock remains at oversold levels. 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 8:30 a.m.: Initial Jobless Claims for the week ending March 13 (minus 6,000). 10:00 a.m.: February Leading Economic Indicators (last plus 0.5 percent). 10:00 a.m.: DJ-BTM Business Barometer for the week ending March 13 (last plus 0.1 percent). 12:00 p.m.: March Philadelphia Fed Index (last 31.4). 2:00 p.m.: FOMC Minutes for the January meeting. 4:30 p.m.: Money Supply. 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 freebonuses 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