MORNING UPDATE: Man Securities Issues Alerts for EMC, AGI, AAPL, CDN, and MNST

MORNING UPDATE: Man Securities Issues Alerts for EMC, AGI, AAPL,
CDN, and MNST 


CHICAGO, June 9  /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 EMC, AGI, AAPL, CDN, and MNST, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"At the moment, as best we can judge, things look surprisingly balanced.
Indeed, it is rare that we get to this sort of outlook."

  -- Alan Greenspan, Chairman, Federal Reserve.

  New PriceWatch Alerts for EMC, AGI, AAPL, CDN, and MNST...

  PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS
  -- EMC Corp. (NYSE:EMC)
     Last Price 11.75 - OCT 11.00 CALL OPTION@ $1.55 -> 7.8 % Return
     assigned*
  -- Alliance Gaming Corp. (NYSE:AGI)
     Last Price 16.15 - OCT 12.50 CALL OPTION@ $4.20 -> 4.6 % Return
     assigned*
  -- Apple Computer Inc. (NASDAQ:AAPL)
     Last Price 30.35 - JUL 30.00 CALL OPTION@ $1.80 -> 5.1 % Return
     assigned*
  -- Cadence Design Systems, Inc. (NYSE:CDN)
     Last Price 14.25 - AUG 15.00 CALL OPTION@ $0.50 -> 9.1 % Return
     assigned*
  -- Monster Worldwide Inc. (NASDAQ:MNST)
     Last Price 28.18 - SEP 25.00 CALL OPTION@ $4.50 -> 5.6 % 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 have flat-lined with a bias lower.  Currently eight of the 15
markets that we track are positive, but the cumulative average return on the
collective stands at a minus 0.044 percent.  Good news out of the manufacturing
sector in the United Kingdom as that sector has apparently emerged from
recession in April with output rising by 0.9 percent from March. According to
figures published by National Statistics, manufacturing output was up 1.0
percent from the same month in 2003.  The monthly rise was the largest since
August 2002, and was stronger than expected.  Economists had estimated that
manufacturing output would rise by 0.5 percent on the month and 0.3 percent on
the year.  Prior to the April rebound, the sector had contracted for two
successive quarters, indicating the sector was in recession.

Today is another light day on the economic and earnings calendar, so it appears
that today's session could well revolve around the price action in the oil pit.
 Both the Department of Energy and the American Petroleum Institute are
scheduled to release their weekly inventory reports.  The equities market did
seem to respond well to the decline in crude prices as the session progressed
yesterday.  Before the market open the Mortgage Bankers Association (MBA)
Refinancing Index for the week ending June 5 came in at minus 13.9 percent on
the heels of the prior week's 6.6 percent decline.  The index has now declined
for a fifth consecutive week.  The MBA's Purchase Index declined by six percent
and the MBA Market Index netted an 8.9 percent decline.  At 10:00 a.m., we are
expected to learn that April Wholesale Trade advanced by 0.5 percent, off a bit
from the prior month's 0.6 percent rise.

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

The debilitating, degenerative disease Alzheimer's claimed yet another victim
last weekend, this time with the sad passing of former president Ronald Reagan.
 It truly is a terribly distressing way to end a life, both for the sufferer,
as well as family and friends.  But some good may result from it. About 58 US
senators have now asked President Bush to "relax federal restrictions on stem
cell research," as Reagan's death underlines the need to conduct further
research into such diseases in hopes of finding a cure.  In August 2001, Bush
signed an order limiting federal research funding for stem cell research.  But
should he relax his position, stem cell stocks could enjoy a continued run. 
Two of those include StemCells Inc. and Aastrom Biosciences Inc., which are
part of Ian Cooper's portfolio at Taipan's Extreme Volatility Speculator
investment service.  After recommending both stocks to his readers on May 6,
Cooper locked in gains on half of each position in StemCells Inc. (34%) and
Aastrom Biosciences Inc. (23%) yesterday as protection in case Bush doesn't
approve the senators' request.

The Extreme Volatility Speculator has prepared an investor's briefing report. 
Access this FREE REPORT -- and start receiving profitable investment advice
right here: http://www.investorsobserver.com/agora7

  TODAY'S ECONOMIC CALENDAR
  7:00 a.m.:  MBA Refinancing Index for the week ending June 5 (last minus
              6.6 percent).
  10:00 a.m.: April Wholesale Trade (last plus 0.6 percent).
  2:00 p.m.:  Treasury's Bodman testifies before US House Financial Services
              Committee 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.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

247profits.com:  You'll get exclusive financial commentary, access to a global
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
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

http://photoarchive.ap.org/

DATASOURCE: Man Securities



CONTACT:  Michael Lavelle of Man Securities, [phone]



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

Copyright