MORNING UPDATE: Man Securities Issues Alerts for AMAT, TLAB, MCDTA, WMI, And SCON

MORNING UPDATE: Man Securities Issues Alerts for AMAT, TLAB, MCDTA, WMI, And
SCON 


CHICAGO, Dec. 2  /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 AMAT, TLAB, MCDTA, WMI, and SCON,
Market Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"I think it's just a matter of time before we reach some milestones here -- Dow
10,000 and Nasdaq 2,000."

  -- Peter Cardillo, chief strategist Global Partners Securities

  New PriceWatch Alerts for AMAT, TLAB, MCDTA, WMI, and SCON...

  PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS
  -- Applied Materials Inc. (NASDAQ:AMAT)
     Last Price 24.21 - JAN 25.00 CALL OPTION@ $1.00 -> 7.7 % Return
     assigned*
  -- Tellabs Inc. (NASDAQ:TLAB)
     Last Price 7.69 - JAN 7.50 CALL OPTION@ $0.65 -> 6.5 % Return assigned*
  -- McDATA Corp. Class A (NASDAQ:MCDTA)
     Last Price 10.60 - APR 7.50 CALL OPTION@ $3.50 -> 5.6 % Return
     assigned*
  -- Waste Management Inc. (NYSE:WMI)
     Last Price 29.25 - APR 30.00 CALL OPTION@ $0.95 -> 6 % Return assigned*
  -- Superconductor Technologies Inc. (NASDAQ:SCON)
     Last Price 7.13 - APR 5.00 CALL OPTION@ $2.55 -> 9.2 % 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 seem to be enduring a rather bland session with 11 of the 15
markets that we track offering up marginally positive performances.  The
cumulative average return on the group stands at a positive 0.213 percent. The
Producer Price Index in the Euro Zone rose by an expected 0.1 percent in October
and stood higher by 0.9 percent on a year-over-year basis.  This seemingly tame
report on inflationary pressures should allow the European Central Bank (ECB) a
little breathing room when it meets this Thursday to decide near-term interest
rates.

Today the two weekly reports on the health of the retailing sector may carry
additional clout this time around.  Both reports are for the week ending
November 29, which includes "Black Friday" (that day after Thanksgiving on which
customers are supposed to knock down the doors of retailers and put them in the
black for the year) and its companioned Saturday.  For the prior week, the
verdict was mixed with the BTM-UBS Chain Store Sales advancing by 0.4 percent
while the Redbook Retail Sales Index for the same period declined by 2.9
percent.  With all of the positive talk over last Thursday's numbers, both
reports had better be standouts as expectations were driven quite high.  The
pressure does not let up today, however, as many retailers will report their
same-store-sales figures on Thursday.

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
  6:20 a.m.:  Federal Reserve Vice Chairman Ferguson addresses the
              International Center for Business Information's risk
              management conference on Basel II in Geneva.
  7:45 a.m.:  BTM-UBS Chain Store Sales for the week of November 29 (last
              plus 0.4 percent).
  8:55 a.m.:  Redbook Retail Sales Index for the week of November 29 (last
              minus 2.9 percent).
  10:00 a.m.: November Challenger Layoff Survey (last plus 125 percent).



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

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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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