MORNING UPDATE: Man Securities Inc. Issues Alerts for AAPL, IMCL, CBH,

CHICAGO, April 14 /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 AAPL, IMCL, CBH, UNH, and FCS, Market Overview, Today's Economic Calendar, and the Quote Of The Day.

QUOTE OF THE DAY

"The higher price of gasoline may just be braking the consumers' drive to spend."

-- Joel Naroff, chief economist, Naroff Economic Advisors New PriceWatch Alerts for AAPL, IMCL, CBH, UNH, and FCS... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS -- Apple Computer Inc. Last Price 41.04 - MAY 40.00 CALL OPTION@ $3.50 -> 6.6 % Return assigned* -- ImClone Systems Inc. Last Price 31.18 - AUG 25.00 CALL OPTION@ $7.50 -> 5.6 % Return assigned* -- Commerce Bancorp Inc. Last Price 29.97 - MAY 30.00 CALL OPTION@ $1.50 -> 5.4 % Return assigned* -- UnitedHealth Group, Inc. Last Price 95.96 - JUN 95.00 CALL OPTION@ $4.60 -> 4.0 % Return assigned* -- Fairchild Semiconductor International Inc. Last Price 14.37 - AUG 12.50 CALL OPTION@ $2.60 -> 6.2 % 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

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** 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.

NEWS LEADERS AND LAGGARDS

So far today, Dow Jones & Company Inc., Southwest Airlines Inc., and First Data Corp. lead the list of companies with the most news stories while Eaton Corp. and United Defense Industries Inc. are showing a spike in news. UnitedHealth Group Inc., EW Scripps Co., and Vympel Communicatii have the highest srtIndex scores to top the list of companies with positive news while Fairchild Semiconductor Corp. and Emmis Communications Corp. lead the list of companies with negative news reports. Pepsico 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 rather glum this morning, as only two of the 15 markets that we cover are in positive territory. The same earnings concerns and retail woes that plagued the U.S. market spilled over into European trading, with the added pressure of Advanced Micro Devices posting a first-quarter loss on deteriorating prices in its flash memory chips. And while negative vibes from the semiconductor sector also plagued Asian markets, it was a report from the International Monetary Fund which predicted slower global economic growth of 4.3 percent for 2005 that really pushed the pain forward.

Futures were trading higher in the early going this morning, but have since moderated back to near flat line. The only member of the trio to hold its ground, however, is the Dow Jones Industrial Average, which surprisingly posted yesterday's biggest losses. Not surprisingly, however, is the fact that earnings data continues to arrive mixed, with Apple Computer dropping nearly four percent after Wednesday's close despite beating the Street's earnings estimate by 10 cents per share. Further confusing things was Advanced Micro Devices' first-quarter loss of four cents per share, which widely missed the consensus estimate for a profit of two cents. But a pending decision by AMD to spin off its ailing flash memory division has apparently prompted some brokerage firms to upgrade the shares this morning. With this type of sentiment prepared to flow over into today's session, it should prove to be yet another thrilling day on the Street.

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DYNAMIC MARKET OPPORTUNITIES

When it comes to getting America's infamous "twin deficits" (current account and trade) under control, some believe the US is negligent in its approach; other believe it's merely helpless to combat market forces. Many use the phrase "benign neglect" when it comes to the government's attitude towards the dollar's freefall, which has strong links to the twin deficits -- and on Wednesday, the International Monetary Fund said as much regarding America's debt. The group's World Economic Outlook cites American policymakers' unsatisfactory and "insufficiently ambitious" efforts to reduce what it sees as deficits that pose a danger to global growth -- an opinion that means more, considering the US trade deficit raced to a record high of US$61 billion in February -- US$2 billion more than expected. The IMF also states that the world continues to be too dependent on the US and China for economic expansion -- a risky situation, given that America's deficits, China's attempts to cool its explosive growth, persistent external shocks like steadily rising oil prices and the threat of terrorism, could hit hard. The IMF believes that the US Dollar will continue to fall against the euro this year, while the Fed will maintain its aggressive monetary tightening policy. The group also takes a more pessimistic view regarding global GDP growth, saying expansion is likely to dwindle from the excellent 5.1% recorded in 2004 to 4.3% this year. Nevertheless, the US, China, and several emerging markets like India, Singapore, Malaysia, Brazil, Chile, and South Korea continue to propel the world forward, picking up the slack from Japan and Europe, which continue to languish. The IMF sees 3.6% GDP growth in the US this year, but just 0.7% and 1.6% in Japan and the 12-nation Eurozone respectively. Other projections include 6% GDP growth for Brazil, 4.1% expansion in the Latin American region overall, and a 6.7% growth advance in India.

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TODAY'S ECONOMIC CALENDAR 8:30 A.M. February Business Inventories 8:30 A.M. April 9 Initial Jobless Claims 10:00 A.M. April 2 DJ-BTM Business Barometer 4:30 P.M. April 9 Money Supply 5:00 P.M. Fed Governor Bernanke speaks on the Global Savings Glut and the US Current Account Deficit at the St. Louis Federal Reserve

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