MORNING UPDATE: Man Securities Inc. issues alerts for TLAB, NITE, BLS, CY, and WHR

MORNING UPDATE: Man Securities Inc. issues alerts for TLAB, NITE,
BLS, CY, and WHR 


CHICAGO, April 21  /PRNewswire/ -- Man Securities issues the following Morning
Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20020214/MANSECLOGO )

Before the open... PriceWatch Alerts for TLAB, NITE, BLS, CY, and WHR, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"Wages aren't keeping up with the higher prices for gasoline, health care and
even clothing."

  -- Jack Reed, U.S. Senator

  New PriceWatch Alerts for TLAB, NITE, BLS, CY, and WHR...

  PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -----------
  -- Tellabs Inc. (NASDAQ:TLAB)
  Last Price 7.77 - SEP 7.50 CALL OPTION@ $0.75 -> 6.8 % Return assigned*
  -- Knight Trading Group, Inc. (NASDAQ:NITE)
  Last Price 8.50 - OCT 7.50 CALL OPTION@ $1.45 -> 6.4 % Return assigned*
  -- BellSouth Corp. (NYSE:BLS)
  Last Price 25.51 - OCT 25.00 CALL OPTION@ $1.50 -> 4.1 % Return assigned*
  -- Cypress Semiconductor Corp. (NYSE:CY)
  Last Price 11.48 - SEP 10.00 CALL OPTION@ $2.25 -> 8.3 % Return assigned*
  -- Whirlpool Corp. (NYSE:WHR)
  Last Price 61.64 - JUN 60.00 CALL OPTION@ $4.00 -> 4.1 % 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:
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[ENTER] key)

** For the FREE report, "Is Your Investment Portfolio Disaster Proof? -
Insights, Stocks, And Strategies." go to:
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NOTE: All stocks and options shown are examples only.  These are not
recommendations to buy or sell any security.

NEWS LEADERS AND LAGGARDS

So far today, Advanced Micro Devices Inc., Merck & Co Inc., and AT&T Corp. lead
the list of companies with the most news stories while Headwaters Inc. and
OfficeMax Inc. are showing a spike in news. Medimmune Inc., Office Depot Inc.,
and Textron Inc. have the highest srtIndex scores to top the list of companies
with positive news while Allegheny Technologies Inc. and York International
Corp. lead the list of companies with negative news reports. eBay Inc. has
popped up with a high positive news sraIndex score.

For the FREE article titled, "Earnings Season Decoded - An Essential 15 Point
Checklist For Finding Winning Stocks." go to:
http://www.wallstreetsecretsplus.com/go/freemu/

MARKET OVERVIEW

Overseas trading is looking surprisingly well this morning, despite yesterday's
heavy sell-off in the U.S. equity market.  At 7:40 a.m. Eastern time, 11 of the
15 foreign markets that we track were currently trading higher.  The cumulative
average return on the group stood at a gain of 0.241 percent. While inflation
fears took their toll on the Japanese Nikkei and held other Asian markets to
meager gains, European markets sounded the rally horns after solid earnings
reports from SAP, LVMH Moet Hennessy, and Volkswagen. Furthermore, the
$14-billion buyout of Allied Domecq by Pernod Ricard had European investors
cheering, sending both stocks soaring in early trading.

While the futures contract on the Dow Jones Industrial Average hit a 52-week
low of 10,015 earlier this morning, a string of positive earnings from the
European tech sector has all U.S. futures moving higher once again.  SAP, a key
rival of Oracle, posted better-than-expected licensing sales for the quarter,
while telecommunications concern Nokia logged an 18-percent surge in quarterly
profits and lifted its outlook for the mobile market for 2005.

Be prepared for the investing week ahead with Bernie Schaeffer's FREE Monday
Morning Outlook.  For more details and to sign up, go to:
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DYNAMIC MARKET OPPORTUNITIES

A new survey of just over 3,000 US employers from Mercer Human Resource
Consulting shows that the average cost of healthcare per employee rose 7.5% in
2004. The total cost for medical and dental plans per employee is now a shade
under US$6,700. While this isn't exactly very positive news, it was
nevertheless lower than the 10.1% jump in 2003. Major reasons for the slowdown
in cost inflation include increased competition among insurance providers last
year and the success of smaller companies in keeping their costs down. The
survey shows that companies with 10 to 499 employees saw their costs rise 5.5%
in 2004. By contrast, larger companies (500+ employees) grappled a jump of 9%.
Overall, just 10% of those companies surveyed project an increase in healthcare
costs this year. Elsewhere, while it's true that Europe continues to struggle
to gain economic momentum, the region did at least contribute to a rise in PC
sales during the first quarter. New figures from market research firms IDC and
Gartner show that strong demand from Europe propelled first- quarter computer
shipments up 11%. There's little doubt that the weaker dollar helped push up
the market in those areas. Once again, Dell led the way with year-over-year
global sales growth of 13% for the quarter. It increased its share of the
worldwide market from 18.5% to 18.9%, according to IDC. That's significantly
ahead of its closest rival, Hewlett-Packard, which grabbed a 13.9% market
share, to say nothing of IBM, which owns just 5% of the market. Apple placed
itself firmly in fifth position as its global shipments soared 45% during the
first three months of 2005.

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  TODAY'S ECONOMIC CALENDAR
  8:30 A.M.   Apr 16 Initial Jobless Claims
  10:00 A.M.  March   Conference Board Leading Economic Indicators
  12:00 P.M.   April   Philadelphia Fed Business Index



Man Securities Inc. is one of the world's leading option order execution firms.
Man's in-house broker team offers a level of personal service and experience
unavailable from no-frills discount brokers. To improve your understanding of
option pricing get Man's FREE "Margin/Option Wizard software at:
http://www.investorsobserver.com/mancd. Member CBOE/NASD/SPIC.   CRD# 6731

This Morning Update was prepared with data and information provided by:

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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
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DATASOURCE: Man Securities



CONTACT:  John Gannon of Man Securities Inc., [phone]



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

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