MORNING UPDATE: Man Securities Issues Alerts for F, ICST, COST, FD, And XING

MORNING UPDATE: Man Securities Issues Alerts for F, ICST, COST, FD, And XING 


CHICAGO, Dec. 5  /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 F, ICST, COST, FD, and XING, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"Today's payrolls number is really going to have to exceed expectations for the
market to, in my opinion, react on the upside to it."

  -- Peter Boockvar, equity strategist, Miller Tabak + Co.

  New PriceWatch Alerts for F, ICST, COST, FD, and XING...

  PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -----------
  -- Ford Motor Co. (NYSE:F)
     Last Price 13.10 - MAR 12.50 CALL OPTION@ $1.10 -> 4.2 % Return
     assigned*
  -- Intergrated Circuit Systems (NASDAQ:ICST)
     Last Price 27.04 - APR 22.50 CALL OPTION@ $5.90 -> 6.4 % Return
     assigned*
  -- Costco Wholesale Corporation (NASDAQ:COST)
     Last Price 36.17 - APR 35.00 CALL OPTION@ $2.95 -> 5.4 % Return
     assigned*
  -- Federated Dept. Stores (NYSE:FD)
     Last Price 48.39 - FEB 47.50 CALL OPTION@ $3.10 -> 4.9 % Return
     assigned*
  -- Qiao Xing Universal Telephone Inc. (NASDAQ:XING)
     Last Price 10.79 - JAN 10.00 CALL OPTION@ $1.50 -> 7.6 % 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, "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 suffering from a little stage fright today, performing at
their poorest level of the week for this time of the morning. Currently just one
of the 15 markets that we track is positive.  The cumulative average return on
the collective stands at minus 0.398 percent. Good news on the job front out of
Canada as the jobless rate fell to 7.5 percent in November from the 7.6 percent
rate in the prior month.  The Canadian economy added jobs at a rate above
expectations for a third consecutive month, with November piling on 54,100 jobs
to boost the total to 15,867,400.  Analysts were looking for a more modest
increase of 20,000 jobs.

This morning - like a black Blackbird singing in the dead of night...all your
life you were only waiting for this moment to arise (John Lennon & Paul
McCartney).  That moment arrives at 8:30 a.m. when the November Non-Farm
Payrolls number is released. Analysts currently see a rise of 150,000, improving
on the 126,000 figure of October.  The October report surprised to the upside by
71,000, but the market actually finished lower on the day.  The Bush
administration fully expects payrolls to start showing 300,000 monthly
increases.  Although the consensus for November is 150,000, I have seen
estimates as high as the 350's.  Now just what the market is expecting is an
unknown.  Will the market "Take these broken wings and learn to fly" (not that
the market wings are broken, just a little literary license not meant to
belittle the true underlying meaning of a great song)?  The companion November
Unemployment Rate is seen holding at 6.0, matching October's 6.0 percent
booking.   At 10:00 a.m., the release of the October Factory Orders report is
expected to show a strong 2.2 percent rise, belittling September's 0.5 percent
increase.  Consumer Credit is seen relenting to a $5.0 billion rise in October
from the burdening $15.1 billion taken on in September.  We'll know for sure at
3:00 p.m.

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.:  November Non-Farm Payrolls (seen at plus 150,000, last plus
              126,000)
  8:30 a.m.:  November Unemployment Rate (seen at 6.0, last 6.0 percent)
  9:40 a.m.:  November ECRI Inflation Gauge (last 117.7)
  10:00 a.m.: October Factory Orders (seen at plus 2.2 percent, last plus
              0.5 percent)
  3:00 a.m.:  October Consumer Credit (seen at plus $5.0 billion, last plus
              $15.1 billion)




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
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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

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DATASOURCE: Man Securities



CONTACT:  Michael Lavelle of Man Securities, [phone]



Web site:  http://www.mansecurities.com/mu.html 

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