MORNING UPDATE: Man Securities Issues Alerts for INTC, CMCSA, ERICY, MUSE, And AKAM

MORNING UPDATE: Man Securities Issues Alerts for INTC, CMCSA, ERICY, MUSE, And
AKAM 


CHICAGO, Oct. 30  /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  INTC, CMCSA, ERICY, MUSE, and AKAM,
Market Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"If we can break through the old highs, that will help get a leg up, too. It's
very funny, one of the things we wonder is whether we'll see 10,000 on the Dow,
and that's nothing, it's 2 percent. We could make 10,000 in two strong days.
It's a psychological barrier."

  -- Peter Dunay, chief market and options strategist, Wall Street Access

  New PriceWatch Alerts for INTC, CMCSA, ERICY, MUSE, and AKAM...

  PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -----------
  -- Intel Corp. (NASDAQ:INTC)
     Last Price 32.80 - DEC 32.50 CALL OPTION@ $1.70 -> 4.5 % Return
     assigned*
  -- Comcast Corp. Class A (NASDAQ:CMCSA)
     Last Price 33.62 - JAN 32.50 CALL OPTION@ $2.40 -> 4.1 % Return
     assigned*
  -- Ericsson Telephone (NASDAQ:ERICY)
     Last Price 18.64 - DEC 17.50 CALL OPTION@ $2.05 -> 5.5 % Return
     assigned*
  -- Micromuse Inc. (NYSE:MUSE)
     Last Price 8.55 - JAN 7.50 CALL OPTION@ $1.50 -> 6.4 % Return assigned*
  -- Akamai Technologies Inc. (NASDAQ:AKAM)
     Last Price 5.96 - DEC 5.00 CALL OPTION@ $1.15 -> 4 % 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 have not dared to travel too far in either direction as eight
of the 15 markets that we track are positive and the cumulative average return
of the group stands at a minus 0.015 percent.

A lot of activity before the market opens today.  At 8:30 a.m., Initial Jobless
Claims for the week ending October 25 are expected to have advanced by 1,000
compared to the prior week's 4,000 decline to a seasonally adjusted 386,000. 
The four-week average held flat in that prior week at 392,250. Sharing the same
time slot, Third-Quarter Advance (first look) Gross Domestic Product is expected
to have risen by 6.2 percent.  This number would compare favorably to the final
booking of plus 3.3 percent in the second quarter. Even though the information
is already one quarter old, today's report will be the market's first exposure
to it and a disappointment may very well move the market lower.   Also, the cost
of hiring, training and insuring an employee will be released at 8:30 a.m.  The
Third-Quarter Employment Cost Index is seen at plus 0.9 percent; the same as the
prior posting. If you are a currency trader, pay close attention to the 9:00
a.m. hour as Treasury Secretary Snow testifies before the U.S. Senate Banking
Committee on foreign exchange policy in Washington. A little later, at 10:00
a.m., the September Chicago Fed National Activity Index (CFNAI) will be
released.  The index last came in at minus 0.28, declining from a plus 0.05 in
July on continued weakness in the labor market and worsening economic output. 
At 2:00 p.m., the minutes from the September Federal Open Market Committee
meeting will be made public.

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.:  Initial Jobless Claims for the week ending October 25 (seen
              plus 1,000, last minus 4,000)
  8:30 a.m.:  Third-Quarter Advance (first look) Gross Domestic Product
              Report (seen at plus 6.2 percent, last plus 3.3 percent).
  8:30 a.m.:  Third-Quarter Employment Cost Index (seen plus 0.9 percent;
              last plus 0.9 percent).
  9:00 a.m.:  Treasury Secretary Snow testifies before U.S. Senate Banking
              Committee on foreign exchange policy in Washington.
  9:45 a.m.:  Treasury Assistant Secretary Abernathy speaks on identity
              theft at data security expo in Chicago.
  10:00 a.m.: DJ-BTM Business Barometer for the week of October 18 (last
              minus 0.3 percent).
  10:00 a.m.: September Chicago Fed National Activity Index (last minus
              0.28).
  10:00 a.m.: September Help-Wanted Index (last 37).
  12:05 p.m.: Dallas Fed President McTeer speaks at Cato Institute
              conference in Houston, Texas.
  12:20 p.m.: Federal Reserve Vice Chairman Ferguson gives the closing
              remarks at Federal Reserve conference on the payment system in
              transition.
  2:00 p.m.:  September Federal Open Market Committee minutes.
  2:20 p.m.:  Chicago Fed President Moskow gives welcoming remarks at the
              "Market Discipline: The Evidence Across Countries and
              Industries" conference in Chicago.
  4:30 p.m.:  Money Supply.



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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