PDG Placer Dome

MORNING UPDATE: Man Securities issues alerts for CSCO, DHI, PDG, DNDN, and MYG CHICAGO, Nov. 10 /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 CSCO, DHI, PDG, DNDN, and MYG, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "For the tenth consecutive quarter, Cisco's pro forma net income exceeded $1 billion." -- Dennis Powell, chief financial officer, Cisco Systems. New PriceWatch Alerts for CSCO, DHI, PDG, DNDN, and MYG... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Cisco Systems Inc. (NASDAQ:CSCO) Last Price 19.75 - APR 17.50 CALL OPTION@ $3.10 -> 5.1 % Return assigned* -- D. R. Horton Inc. (NYSE:DHI) Last Price 31.76 - JAN 30.00 CALL OPTION@ $3.00 -> 4.3 % Return assigned* -- Placer Dome Inc. (NYSE:PDG) Last Price 22.01 - MAR 20.00 CALL OPTION@ $3.20 -> 6.3 % Return assigned* -- Dendreon Corp. (NASDAQ:DNDN) Last Price 12.98 - FEB 10.00 CALL OPTION@ $3.60 -> 6.6 % Return assigned* -- Maytag Corp. (NYSE:MYG) Last Price 20.27 - JAN 20.00 CALL OPTION@ $1.15 -> 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, "Is Your Investment Portfolio Disaster Proof? - Insights, Stocks, And Strategies." go to: http://www.investorsobserver.com/FREEDP NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW Overseas markets are mostly in the green this morning. All the European and Asian markets that we track are unanimously bullish. Telecom and mining shares led the FTSE higher. The Hang Seng's rally on the other hand is reportedly being fueled by falling oil prices and the possible revaluation of the Yuan. The big news today of course comes out at 2:15 p.m., as the Fed makes its decision on what to do with interest rates. The overwhelming consensus is for a 25 basis point hike to 2-percent. As usual, the most important part of the decision is going to be the wording, as traders will be looking for clues as to what future decisions may be. At 8:30 a.m., the weekly initial jobless claims is reported a day early due to the Veterans Day holiday on Thursday and it is expected to come in at 340,000, 12,000 more than last week. Also at 8:30 a.m., October import prices should show an increase of 0.8-percent, above last year's 0.2-percent advance. But the big report, which should have a strong impact on the dollar and thus gold and bonds, is September's International trade deficit also scheduled for 8:30 a.m. Economists are expecting a deficit of minus $54 billion, in line with last month. 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 Yesterday couldn't have been much more uneventful, as investors appeared to be in full pre-Fed mode. But it's business as usual at the Federal Reserve, where Alan Greenspan is due to release the latest interest rate decision today at 2:15 p.m. - a decision expected to maintain the current "measured" pace of interest rate increases America is gradually absorbing. Look for a 0.25% hike to 2%. In preparation, the markets meandered along, ending the day flat. Not bad considering the full-scale battle raging in Fallujah and woes for the struggling US dollar. The latter is odd, considering October's solid US job report and the recent mini-decline of oil prices. But the dollar appears to be getting buffeted from several sides - including from the euro and Canadian dollar. The Canadian dollar raced past 84 US cents Tuesday for the first time since August 1992, thanks to the US dollar selloff and bullish comments by Bank of Canada Governor David Dodge. Dodge said the country's exports are performing strongly despite the dollar's rise. Good news, for sure. But for how long? The Canadian dollar has jumped 10% over the past three months alone - a key issue, since exports account for about 40% of the Canadian economy. Speculation is rife that the bank will maintain its aggressive monetary policy. Elsewhere, Time Warner announced its America Online division will split into four units. By breaking AOL down, the move aims to make the "fractious company" (AOL chief Jonathan Miller's words) more efficient by targeting the appropriate areas more clearly. It will also enable the company to implement changes quicker. Unfortunately, it won't come before 700 employees are laid off next month. 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 7:00 a.m.: MBA Refinancing Index for the week ending November 6 (last plus 3.1 percent) 8:30 a.m.: Initial Jobless Claims for the week ending November 7 (last minus 19,000) 8:30 a.m.: September International Trade Balance (last minus $54.04 billion) 8:30 a.m.: October Import Prices (last plus 0.2 percent) 9:00 a.m.: FOMC meeting; decision on interest rates expected around 2:15 p.m. EST 10:00 a.m.: DJ-BTM Business Barometer for the week ending November 6 (last unchanged) 12:00 p.m.: September Chicago Fed Manufacturing Index (last plus 1.7 percent) FREE 2005 INVESTING ALERT from Lou Dobbs! Exclusive WEALTH STRATEGY for consistent, long-term gains! 5 top stocks for safe-and big-profits. Protect yourself now. Yours FREE Here! http://www.investorsobserver.com/ld Man Securities is one of the world's leading option order execution firms. Man's in-house broker team offers a level of personal service and experience unavailable from no-frills discount brokers. To improve your understanding of option pricing get Man's FREE "Margin/Option Wizard software at: http://www.investorsobserver.com/mancd. Member CBOE/NASD/SPIC. 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/ The Lou Dobbs Money Letter - FREE INVESTING ALERT from Lou Dobbs! 5 top stocks for safe-and big-profits. 6 investment landmines you must avoid. PLUS why you should stay away from Wall Street's Next Big Thing. Protect yourself now! Yours FREE Here! http://www.investorsobserver.com/ld 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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