IDPH Idec Pharmaceuticals (MM)

MORNING UPDATE: Man Securities Issues Alerts for IDPH, JPM, MDT, WEBX, and DT CHICAGO, Nov. 13 /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 IDPH, JPM, MDT, WEBX, and DT, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "It's most likely that growth will exceed potential in the fourth quarter and through to 2004 as well." -- Michael Moskow, President, Chicago Federal Reserve New PriceWatch Alerts for IDPH, JPM, MDT, WEBX, and DT... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- IDEC Pharmaceuticals Corp. (NASDAQ:IDPH) Last Price 33.42 - APR 30.00 CALL OPTION@ $5.10 -> 5.9 % Return assigned* -- J.P. Morgan Chase (NYSE:JPM) Last Price 35.89 - MAR 35.00 CALL OPTION@ $2.45 -> 4.7 % Return assigned* -- Medtronic Inc. (NYSE:MDT) Last Price 44.37 - JAN 45.00 CALL OPTION@ $1.55 -> 5.1 % Return assigned* -- WebEx Communications (NASDAQ:WEBX) Last Price 19.80 - MAR 15.00 CALL OPTION@ $5.70 -> 6.4 % Return assigned* -- Deutsche Telekom AG ADR (NYSE:DT) Last Price 15.88 - APR 15.00 CALL OPTION@ $1.55 -> 4.7 % 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, "WiFi - The Buzz, The Facts, and a Company That Could Be The Next Microsoft", go to: http://www.investorsobserver.com/freewifimu NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW Overseas markets are currently unanimously positive as all 15 of the 15 markets that we track are in the green. The cumulative average return on the group stands at a plus 0.840 percent. It appears that the German economy may be slowly emerging from recession as the Preliminary (second look) Gross Domestic Product for the third quarter grew by 0.2 percent (over the second quarter), thanks to strong foreign demand. The second quarter was booked at a 0.2 percent decline from the first quarter. Before the market open today, Initial Jobless Claims for the week ending November 8 are expected to have risen by 17,000, coming on the heels of the prior week's 43,000 decline. The last report showed the 4-week average dropping by some 10,000 to 380,000. The average has now held below the key 400,000 level for five consecutive weeks. Also due out at 8:30 a.m., October Import Prices are expected to have risen by 0.6 percent versus September's 0.5 percent decline. I am not sure what impact crude prices will have on this figure. We imported at record levels and the crude contract spiked during the month, but strangely enough it closed out October pretty much where it started. Also at 8:30 a.m., September International Trade (seen at $40.5 billion, last $39.21 billion). This report will be interesting as the U.S. dollar took a huge and sustained plunge throughout the entire month of September. If you are a currency trader, you may want to tune in around 12:15 p.m. as Treasury Secretary Snow addresses Tax Foundation's conference in Washington. 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 TODAY'S ECONOMIC CALENDAR 8:30 a.m.: Federal Reserve Vice Chairman Ferguson addresses the Center for European Policy Studies conference in Brussels via satellite on U.S. bank supervision. 8:30 a.m.: Initial Jobless Claims for the week ending November 8 (seen at plus 17,000, last minus 43,000). 8:30 a.m.: October Import Prices (seen at plus 0.6 percent, last minus 0.5 percent). 8:30 a.m.: September International Trade (seen at $40.5 billion, last $39.21 billion). 10:00 a.m.: DJ-BTM Business Barometer for the week of November 1 (last minus 0.5 percent). 12:15 p.m.: Treasury Secretary Snow addresses Tax Foundation's conference in Washington. 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.mansecurities.com/mu.html . 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 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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