MORNING UPDATE: Man Securities Issues Alerts for ADVP, AIG, LEH, MCDTA, And CTSH

MORNING UPDATE: Man Securities Issues Alerts for ADVP, AIG, LEH, MCDTA, And CTSH



CHICAGO, Dec. 17  /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 ADVP, AIG, LEH, MCDTA, and CTSH, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"Those numbers were much stronger than expected, and that's why the thing kind
of levitated late in the day."

  -- Todd Clark, head of listed trading, Wells Fargo Securities

  New PriceWatch Alerts for ADVP, AIG, LEH, MCDTA, and CTSH...

  PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -----------
  -- AdvancePCS (NASDAQ:ADVP)
     Last Price 51.90 - MAR 47.50 CALL OPTION@ $6.90 -> 5.6 % Return
     assigned*
  -- American International Group Inc. (NYSE:AIG)
     Last Price 64.18 - FEB 65.00 CALL OPTION@ $2.10 -> 4.7 % Return
     assigned*
  -- Lehman Brothers Holdings Inc. (NYSE:LEH)
     Last Price 74.56 - APR 75.00 CALL OPTION@ $3.90 -> 6.1 % Return
     assigned*
  -- McDATA Corp. Class A (NASDAQ:MCDTA)
     Last Price 9.04 - APR 7.50 CALL OPTION@ $2.10 -> 8.1 % Return assigned*

  -- Cognizant Tech. Solutions Corp. (NASDAQ:CTSH)
     Last Price 42.70 - APR 35.00 CALL OPTION@ $9.40 -> 5.1 % 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, "The Secrets of Smart Election Year Investing -
Insights, Stocks, And Strategies." go to:
http://www.investorsobserver.com/FREEelection

NOTE: All stocks and options shown are examples only.  These are not
recommendations to buy or sell any security.

MARKET OVERVIEW

Overseas markets are little improved from yesterday at this time. Currently
three of the 15 markets that we track are positive.  The cumulative average
return on the group stands a minus 0.337 percent.  Consumer price data out of
the Euro-Zone for November showed a 0.1 percent rise, matching expectations. 
Also matching analysts' views, the year-over-year rate came in at plus 2.2
percent, which is above the European Central Banks upper band of 2.0 percent.

The economic calendar all but dries up today.  By the time some get out of bed
this morning, the Mortgage Bankers' Association Refinancing Index will be old
news.  The refinancing component of the group's report last declined by 15.5
percent.  Breaking a two-week trend lower, the MBA refinancing index rose by
16.8 percent.  The group's purchase index rose by 9.4 percent, also breaking a
two-week slide.  Key earnings reports expected today cover two groupings.  Bear
Stearns and Lehman Brothers represent the brokerage grouping, while Bed Bath &
Beyond, Best Buy and Circuit City will attempt to spread a little cheer in the
faltering retail sector.

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
  7:00 a.m.: MBA Refinancing Index (last minus 15.5 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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