PDG Placer Dome

MORNING UPDATE: Man Securities Issues Alerts for QCOM, PRTL, PDG, UNM, And CHPC CHICAGO, Nov. 6 /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 QCOM, PRTL, PDG, UNM, and CHPC, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "The Cisco numbers came in better than expectations, and the real emphasis is that they do see a turnaround." -- Peter Cardillo, chief strategist, Global Partners Securities Inc. New PriceWatch Alerts for QCOM, PRTL, PDG, UNM, and CHPC... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- QUALCOMM Inc. (NASDAQ:QCOM) Last Price 46.59 - DEC 45.00 CALL OPTION@ $3.60 -> 4.7 % Return assigned* -- Primus Telecommunications Group Inc. (NASDAQ:PRTL) Last Price 10.33 - DEC 10.00 CALL OPTION@ $0.75 -> 4.4 % Return assigned* -- Placer Dome Inc. (NYSE:PDG) Last Price 15.54 - JAN 15.00 CALL OPTION@ $1.30 -> 5.3 % Return assigned* -- UnumProvident Corp. (NYSE:UNM) Last Price 16.49 - MAR 15.00 CALL OPTION@ $2.35 -> 6.1 % Return assigned* -- ChipPAC, Inc. A (NASDAQ:CHPC) Last Price 7.83 - DEC 7.50 CALL OPTION@ $0.80 -> 6.7 % 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 looking a little pancaked in flat trade as ten of the 15 markets that we track have managed to hold positive. The cumulative average return on the group stands at a minus 0.203 percent. The big drag on the average was supplied by the 2.63 percent decline in the Nikkei overnight. If you are looking for a rationale for the decline, many are simply claiming profit taking (especially in banking issues) ahead of the general election in Japan to be held this weekend. Meanwhile, the number of jobless in Germany declined by 12,000 in October on expectations for a more muted 3,000 decline. The seasonally adjusted unemployment held at 10.5 percent, unchanged from September. Before the market open today, Initial Jobless Claims for the week ending November 1 are expected to have declined by 6,000 on the heels of the 5,000 drop off to an annualized 386,000 in the prior week. In the last report, the four-week moving average declined by 4750 to 388,750 and has held below the key 400,000 level since the week ending September 27. This, of course, will be the final weekly report before the big monthly report due out tomorrow. And speaking of employment numbers, analysts see Third-Quarter Productivity surging by 9.0 percent, following the second quarter's efficient 6.8 percent rise. The rise in productivity allows employers to keep work force growth constrained, but there will become a level where productivity becomes strained and the work force must expand. In theory this added productivity helps the employer keep the cost of finished goods lower, still make a profit and hopefully pass wage increases on to the worker without sacrificing profit. I guess what goes round must come round! At 10:00 a.m., Federal Reserve Chairman Greenspan addresses the Securities Industry Association annual meeting via satellite in Boca Raton, Florida. These comments may have an impact on the 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 TODAY'S ECONOMIC CALENDAR 8:30 a.m.: Initial Jobless Claims for the week ending November 1 (seen lower by 6,000, last minus 5,000). 8:30 a.m.: Third-Quarter Productivity and Costs (seen higher by 9.0 percent, last plus 6.8 percent). 10:00 a.m.: DJ-BTM Business Barometer for week of October 25 (last plus 0.6 percent). 10:00 a.m.: Federal Reserve Chairman Greenspan addresses the Securities Industry Association annual meeting via satellite in Boca Raton, Florida. 12:45 p.m.: Federal Reserve Governor Bernanke speaks on the jobless recovery at Carnegie Mellon Business school conference in Pittsburgh. 3:00 p.m.: October Treasury STRIPS. 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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