MORNING UPDATE: Man Securities Issues Alerts for ORCL, MCDTA, LLY, ACN, and MXT

MORNING UPDATE: Man Securities Issues Alerts for ORCL, MCDTA,
LLY, ACN, and MXT 


CHICAGO, April 19  /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 ORCL, MCDTA, LLY, ACN, and MXT, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"Worldwide sales in local currencies increased in all seven of our businesses,
and we generated double-digit increases in operating income and earnings per
share.  We are off to a great start in 2004."

  -- W. James McNerney, Jr., chairman and CEO, 3M

  New PriceWatch Alerts for ORCL, MCDTA, LLY, ACN, and MXT...

  PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS
  -- Oracle Corp. (NASDAQ:ORCL)
     Last Price 11.99 - JUN 12.00 CALL OPTION@ $0.65 -> 5.8 % Return
     assigned*
  -- McDATA Corp. Class A (NASDAQ:MCDTA)
     Last Price 6.00 - JUL 5.00 CALL OPTION@ $1.25 -> 5.3 % Return assigned*

  -- Lilly (Eli) and Co. (NYSE:LLY)
     Last Price 72.45 - OCT 70.00 CALL OPTION@ $6.20 -> 5.7 % Return
     assigned*
  -- Accenture Ltd. Class A (NYSE:ACN)
     Last Price 24.57 - AUG 22.50 CALL OPTION@ $3.00 -> 4.3 % Return
     assigned*
  -- Metris Companies Inc. (NYSE:MXT)
     Last Price 9.09 - JUL 7.50 CALL OPTION@ $2.05 -> 6.5 % 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, "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 trading lower this morning as only four of the fifteen
markets that we track are currently positive.  The cumulative average return on
the group stands at a minus 0.132 percent.  Swiss staffing group giant Adecco
is leading Europe lower.  The company again delayed its 2003 results.  It did
reiterate that no evidence was found that would make a major change to its 2003
results.

The March leading economic indicators are expected to rise 0.3 percent versus
last month's no change.  Dow component 3M beat analyst estimates for its
first-quarter results this morning.  The company earned 90 cents a share,
versus estimates calling for 87 cents.  The industrial giant also increased
2004 earnings forecasts.

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

After a spell of political turmoil in South Korea, things look to be more
stable, after a fresh mandate for the country's embattled president, Roh
Moo-Hyun.  Just a few weeks after being impeached, it appears his supporters
eventually formed a backlash against the opposition-led movement and in recent
elections, voted to give Roh's supporting liberal Uri Party a majority in the
National Assembly.  While the Constitutional Court will decide Roh's ultimate
fate, he is currently free to focus on presidential duties again and work on
maintaining South Korea's vibrant economy.  It's against this bright backdrop
that South Korean companies like Samsung are flourishing.  The electronics firm
just reported excellent quarterly numbers, with profits almost tripling to $2.7
billion, thanks to surging demand for flat screen TV's and over 20 million
mobile phone sales.  The company should also benefit from a projected 30% jump
in worldwide demand for chips this year, following a 14% rise to $177 billion
in 2003.  Reuters Research says Samsung's full-year profits should double and
reach close to $10 billion.  In contrast, Finnish rival Nokia followed its last
dismal report with more ominous news: that first quarter sales would be 2% less
than Q1 2003 numbers, and that profit expectations for the second quarter have
been lowered to 13-15 cents per share.

The nanotechnology revolution continues to spread across the globe.  The Profit
Hog's Christian DeHaemer has written a comprehensive FREE report.  Read it
immediately by following this link: http://www.investorsobserver.com/agora6

  TODAY'S ECONOMIC CALENDAR
  10:00 a.m.: March Conference Board of Leading Economic Indicators (last
              unchanged).



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.investorsobserver.com/mancd

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

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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
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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

http://photoarchive.ap.org/

DATASOURCE: Man Securities



CONTACT:  Michael Lavelle of Man Securities, [phone]



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

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