MORNING UPDATE: Man Securities Issues Alerts for EMC, TSG, CZR, FCX, and ENDP CHICAGO, April 1 /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 EMC, TSG, CZR, FCX, and ENDP, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Wall Street firms are playing thewhisper game with Friday's payroll report again. Many are talking about the probability of a 200,000-plus rise." -- Chris Low, chief economist, FTN Financial. New PriceWatch Alerts for EMC, TSG, CZR, FCX, and ENDP... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- EMC Corp. (NYSE:EMC) Last Price 13.61 - JUL 13.00 CALL OPTION@ $1.40 -> 6.5 % Return assigned* -- Sabre Holdings Corp. (NYSE:TSG) Last Price 24.81 - AUG 22.50 CALL OPTION@ $3.30 -> 4.6 % Return assigned* -- Caesars Entertainment Inc. (NYSE:CZR) Last Price 13.04 - JUL 12.50 CALL OPTION@ $1.05 -> 4.3 % Return assigned* -- Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX) Last Price 39.09 - AUG 35.00 CALL OPTION@ $6.00 -> 5.8 % Return assigned* -- Endo Pharmaceuticals Holdings (NASDAQ:ENDP) Last Price 24.42 - MAY 20.00 CALL OPTION@ $5.30 -> 4.6 % 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 looking surprisingly positive as 12 of the 15 markets that we track are above their flat-line figures. The cumulative average return on the group stands at a positive 0.395 percent. Positive news out of Japan as the Tankan survey of business showed improvement in the first quarter. For the first time since 1996, the diffusion index for both large manufacturers and large non-manufacturers improved. For reference, the large manufacturers' diffusion index came in at 12 in the first quarter, improving on the reading of 7 in Q4 and versus expectations for a 10. Before the market open today, the final weekly initial jobless claims report before the monthly non-farms report is released tomorrow. Initial Jobless Claims for the week ending March 27 is expected to have risen by 1,000, matching the prior week's 1,000 advance to 339,000. In the prior week, the four-week average declined by 3,000 to 341,500, its lowest level since the week after George W. Bush was inaugurated president of the U.S. So where are the jobs? Sharingthe same time slot, but secondary in nature, February Construction Spending is seen as unchanged, which would be an improvement over the prior month's 0.3 percent decline. At 10:00 a.m., the March Institute for Supply Managers (ISM) Manufacturing Index is expected to have declined to 60.2 versus the 61.4 posted in February. Now don't forget that the Chicago Purchasing Management Index for March came in below expectations at 57.6. Two items of concern in the Chicago report, the Prices Paid Index surged to 75.7 versus the already high 66.9 of February and the Employment Index slipped back into contraction mode at 49.2 versus February's 54.8 (recall that a reading above 50 indicates expansion in the index or a component, while a reading below 50 indicates a contraction). Finally, at selected time frames throughout the session General Motors, Ford and Daimler Chrysler will release their March monthly unit auto/truck sales. 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 yesterday's timid market performance, the first quarter ended with a whimper, extending its recent shaky trend. Investors are concerned about the March job data announcement on Friday, as well as OPEC's decision to go ahead with a one million barrel per day oil production cutback, despite 13-year high oil prices. This is a market driven by fear. So even if the job report is positive, don't expect much. At the Money Flow Matrix Trader, investment director Brit Ryle's charts show the NASDAQ in overbought territory, but momentum getting stronger. "For the last couple of days, the NASDAQ has been pinned between its 20-day and 35-day moving average. The 50-day is sitting at 2025 -- my target for today. That's because it's April 1, and the first day of the month is usually bullish as new pension fund money gets dumped into stocks." One of those could be Microsoft. The company is planning a huge cash dividend to its stockholders sometime this summer. The company has $52 billion in cash, so they're going to give some back to shareholders. This noble gesture should boost the stock price as investors hustle for the money. Receive incisive economic/market commentary, profitable advice and access to a network of leading investment experts. 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 27 (seen at plus 1,000, last plus 1,000). 8:30 a.m.: February Construction Spending (seen as unchanged, last minus 0.3 percent). 10:00 a.m.: March Institute for Supply Managers Manufacturing Index (seen at 60.2, last 61.4). 10:00 a.m.: DJ-BTM Business Barometer for the week ending March 20 (last plus 0.1 percent). 10:30 a.m.: Fed Governor Bernanke speaks at the unveiling of a financial literacy survey in Washington, D.C. 12:00 p.m.: Treasury Secretary Snow tours Cenco Manufacturing Co. in Albuquerque, New Mexico. 12:00 p.m.: Chicago Fed President Moskow addresses a symposium in Dayton, Ohio. 12:30 p.m.: Fed Governor Kohn speaks on monetary policy and economic imbalances at Widener University in Chester, Pennsylvania. 4:30 p.m.: Treasury Secretary Snow tours GateWay Community College in Phoenix, Arizona. 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 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 optionsshown 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 commissionsor 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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