MORNING UPDATE: Man Securities Issues Alerts for MOT, MCDTA, KLAC, SWKS, And PRU

MORNING UPDATE: Man Securities Issues Alerts for MOT, MCDTA, KLAC, SWKS, And PRU



CHICAGO, Nov. 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  MOT, MCDTA, KLAC, SWKS, and PRU,
Market Overview, Today's Economic Calendar, and the Quote Of The Day.

  QUOTE OF THE DAY
  "Risk comes from not knowing what you're doing."
  -- Warren Buffett

  New PriceWatch Alerts for MOT, MCDTA, KLAC, SWKS, and PRU...

  PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -----------
  -- Motorola Inc. (NYSE:MOT)
     Last Price 13.95 - JAN 14.00 CALL OPTION@ $0.80 -> 6.5 % Return
     assigned*
  -- McDATA Corporation Class A (NASDAQ:MCDTA)
     Last Price 9.63 - APR 7.50 CALL OPTION@ $2.75 -> 9 % Return assigned*
  -- KLA-Tencor Corp. (NASDAQ:KLAC)
     Last Price 58.98 - JAN 55.00 CALL OPTION@ $6.50 -> 4.8 % Return
     assigned*
  -- Skyworks Solutions Inc. (NASDAQ:SWKS)
     Last Price 8.78 - FEB 7.50 CALL OPTION@ $2.05 -> 11.4 % Return
     assigned*
  -- Prudential Financial Inc. (NYSE:PRU)
     Last Price 38.05 - MAR 37.50 CALL OPTION@ $2.15 -> 4.5 % 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 quite hesitant in early trade this morning, as just
one of the 15 markets that we track is currently positive.  The cumulative
average return on the group stands at a minus 0.755 percent.  The service sector
in Germany expanded for a third consecutive month in October. The October
Purchasing Managers Services Index came in at 53.7 improving from September's
52.4 and exceeding expectations for 53.0.  The services sector accounts for
approximately 62 percent of Germany's Gross Domestic Product.

At 10:00 a.m. today, Federal Reserve Chairman Greenspan testifies before U.S.
Senate Banking Committee on the status of the banking industry in Washington. 
Sharing the same time slot is the release of the October ISM Non- Manufacturing
Index, which is expected to rise to 65.5 from the 63.3 booked in September. 
This index has been below 50 (the demarcation point between expansion and
contraction) only once this year, that being the 47.9 posted in March.  Going
one-step further, the composite index was last below 60 in May with a reading of
54.5. Also at 10:00 a.m., September Factory Orders are expected to rise by 0.4
percent, reversing August's surprise 0.8 percent decline. As an additional
incentive to stay tuned, Cisco Systems will report its first quarter earnings
after the market close today.  Currently the Street is looking for 15-cents per
shares on revenue of $4.8 billion.  Aside from the top and bottom line numbers,
rhetoric has it that the "comments" by Chambers are just as important.  This
report is the talk of the town for tech and will be a motivational speech for
traders in tomorrow's session.  Now while we still have a full day of trade
before the release, Cisco put options traded 5.8 times their average volume
yesterday with 78,480 contracts trading on the November 20 put alone.

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 plus 4.9 percent).
  9:00 a.m.:  Treasury refunding announcement.
  10:00 a.m.: Federal Reserve Chairman Greenspan testifies before U.S.
              Senate Banking Committee on the status of the banking industry
              in Washington.
  10:00 a.m.: October ISM Non-Manufacturing Index (seen at 65.5, last 63.3).
  10:00 a.m.: Quarterly refunding press briefing in Washington.
  10:00 a.m.: September Factory Orders (seen at plus 0.4 percent, last minus
              0.8 percent)
  3:00 p.m.:  Philadelphia Fed President Santomero speaks on monetary policy
              at University of Pennsylvania forum in Philadelphia.
  6:00 p.m.:  Federal Reserve Governor Bies gives welcoming remarks at
              Conference of State Bank Supervisor's State Banking Summit in
              Washington.



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:
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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.


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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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