PDG Placer Dome

MORNING UPDATE: Man Securities Issues Alerts for INTC, DAL, CMOS, NWAC, and PDG CHICAGO, Dec. 3 /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, DAL, CMOS, NWAC, and PDG, Market Overview, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Falling oil prices will definitely help the market." -- Michael Sheldon, chief market strategist, Spencer Clarke LLC. New PriceWatch Alerts for INTC, DAL, CMOS, NWAC, and PDG... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Intel Corp. (NASDAQ:INTC) Last Price 22.71 - JAN 22.50 CALL OPTION@ $1.20 -> 4.6 % Return assigned* -- Delta Air Lines Inc. (NYSE:DAL) Last Price 7.88 - JAN 7.50 CALL OPTION@ $1.05 -> 9.8 % Return assigned* -- Credence Systems Corp. (NASDAQ:CMOS) Last Price 9.09 - MAY 7.50 CALL OPTION@ $2.20 -> 8.9 % Return assigned* -- Northwest Airlines Corp. (NASDAQ:NWAC) Last Price 11.32 - MAR 10.00 CALL OPTION@ $2.15 -> 9.1 % Return assigned* -- Placer Dome Inc. (NYSE:PDG) Last Price 20.42 - JAN 20.00 CALL OPTION@ $1.40 -> 5.2 % 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 are displaying a mixed picture this morning. European markets are bullish with the FTSE, CAC and DAX in the green. The FTSE is currently up 0.21% led by drug and telecom sectors. However any exuberance is controlled as most traders chose to be cautious ahead of the publication of the US monthly job report. Asian markets are decidedly bearish with the Nikkei being the only market in the green up 0.93%. The BSE Sensex closed down 5.67 points as traders moved to capture profits ahead of the weekend. Futures were considerably higher last night after Intel increased fourth- quarter revenue estimates. But that is very likely to change because at 8:30 a.m. we have non-farm payrolls and the unemployment rate for November. Estimates are currently looking for about 200,000 jobs to be added and the unemployment rate to fall to 5.4-percent. Should this come in positive, expect a huge gap higher or should it disappoint, the two could cancel each other out. On the earnings front, there are no major announcements. 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 A heavy week of economic data ends today, with the picture seemingly looking good -- at least if you're bullish. Flat inflation and sharply higher consumer spending numbers came at the same time that the Commerce Department reported a surprisingly upbeat 3.9% US third quarter GDP rate. This looks more impressive when you consider that US gasoline prices were climbing steadily higher during that time -- thus proving the resilience of the American consumer. October's personal income and spending numbers, both of which beat expectations, underlines that point. Additionally, US factory orders remained strong in October, rising for the fifth month. All eyes again turned to the Labor Department's November job report this morning -- a statement that will once again set the tone for today's market action. A good number on the heels of Microsoft's early Christmas gift yesterday -- a US$32 billion payout to shareholders on record on November 15 -- could tame the bear this holiday season. 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 8:30 a.m.: November Unemployment Rate (last plus 5.5%) 8:30 a.m.: November Non-Farm Payrolls (last plus 200,000) 10:00 a.m.: August ISM Non-Manufacturing Index (last 59.0) 10:00 a.m.: Philadelphia Fed Pres Santomero speaks on outsourcing, exchange rates and free trade at annual policy forum in Philadelphia 10:15 a.m.: Boston Fed Pres Minehan speaks on "Where Are the Jobs? The U.S. Labor Market Experience 2001-2004" in Philadelphia Motley Fool Investing Alert for 2005 - "The Case Against Mutual Funds" - New FREE report details a more successful way for you to invest your money. http://www.investorsobserver.com/phillips 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: http://www.investorsobserver.com/mancd. Member CBOE/NASD/SPIC. 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/ Motley Fool Stock Advisor - Free Investing Alert for 2005 Learn why funds virtually force you to own BAD investments. Plus, why fund investors are virtually assured of MISSING OUT on Wall Street's big winners. http://www.investorsobserver.com/phillips 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: John Gannon of Man Securities, +1-800-837-6212 Web site: http://www.mansecurities.com/mu.html

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