MORNING UPDATE: Man Securities Issues Alerts for RIMM, MXIM, BJS, HUM, and PDLI

MORNING UPDATE: Man Securities Issues Alerts for RIMM, MXIM, BJS,
HUM, and PDLI 


CHICAGO, Nov. 2  /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 RIMM, MXIM, BJS, HUM, and PDLI, Market
Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty
is a well-armed lamb contesting the vote!"

  -- Benjamin Franklin

  New PriceWatch Alerts for RIMM, MXIM, BJS, HUM, and PDLI...

  PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -----------
  -- Research In Motion (NASDAQ:RIMM)
     Last Price 92.90 - JAN 85.00 CALL OPTION@ $13.30 -> 6.8 % Return
     assigned*
  -- Maxim Integrated Products Inc. (NASDAQ:MXIM)
     Last Price 44.21 - JAN 45.00 CALL OPTION@ $2.10 -> 6.9 % Return
     assigned*
  -- BJ Services Co. (NYSE:BJS)
     Last Price 50.25 - JAN 47.50 CALL OPTION@ $4.70 -> 4.3 % Return
     assigned*
  -- Humana Inc. (NYSE:HUM)
     Last Price 20.35 - FEB 20.00 CALL OPTION@ $1.65 -> 7 % Return assigned*
  -- Protein Design Labs Inc. (NASDAQ:PDLI)
     Last Price 19.245 - JAN 17.50 CALL OPTION@ $2.75 -> 6.1 % 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:
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, "Is Your Investment Portfolio Disaster Proof? -
Insights, Stocks, And Strategies." go to:
http://www.investorsobserver.com/FREEDP

NOTE: All stocks and options shown are examples only.  These are not
recommendations to buy or sell any security.

MARKET OVERVIEW

Overseas markets appear bullish this morning as all the markets that we track
are in the green. With oil prices finally easing, it would appear that other
securities have finally obtained some breathing room. The Hang Seng gained more
than 1.6%. This is being attributed to falling oil prices and traders'
speculation on the US Elections.

The December contract on sweet crude oil dropped $1.63 yesterday, to fall to
its lowest level in a month.  Traders seemed to believe that oil prices have
already reached peak levels, at least for the time being, and decided to cash
out some profits.  The sell-off in crude came amid Nigerian unions calling for
a strike to shut down oil production.  Obviously markets aren't afraid of a
threat to supply stemming from such a strike, but the reality of the situation
is that this could become a concern.  Supply is already tight, and any
disruption to production could cause prices to spike again.  The reversal lower
in crude prices sparked a move higher in the dollar and caused a drop-off in
the investment demand for the yellow metal.  The election may cause some
near-term volatility, but once the dust settles, it will be up to the strength
of this economy to push rates (and the dollar) higher.

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

As Americans hit the polls today to elect either George Bush or John Kerry as
the country's next president, the stock market is in typical "wait-and-see"
mode. The election aside, there are several pieces of economic news out this
week. The US Commerce Department got things underway Monday, reporting that
spending rose at three times the rate of income in September (0.6% versus 0.2%)
as consumers regained momentum after a 0.1% spending drop in August. That led
to 4.6% third quarter consumer spending growth - three times quicker than the
second quarter. One hopes they're not over-extending themselves as winter
approaches and heating bills rise. That's not to mention the higher oil prices
piling on the cost pressure at the pump. The economy added an average 103,000
jobs during the third quarter, versus a 240,000 per month rate between January
and June. A Washington Post poll last week showed 24% of voters saying the
economy and jobs is the most important issue, just edging out the Iraq
situation with 23% and terrorism with 19%. It's not difficult to see why the
race is so close. Voters who cite the economy as most important favor Kerry.
Voters who say Iraq and terrorism is the most vital issue say Bush would make a
better leader.

Receive incisive economic/market commentary, profitable advice and access to a
network of leading investment exports. Simply follow this link:
http://www.investorsobserver.com/agora2

  TODAY'S ECONOMIC CALENDAR
  7:45 a.m.:  ICSC/UBS Chain Store Sales for the Week ending October 30
              (last minus 0.6 percent)
  8:55 a.m.:  Redbook Retail Sales for the week ending October 30
              (last minus 0.7 percent)
  10:00 a.m.: October Challenger Layoffs (last plus 45 percent)
  6:30 p.m:   ABC/Money Magazine Consumer Confidence Index for the week
              ending October 30 (last minus 11)



Man Securities 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:
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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
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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