BMET Biomet (MM)

CHICAGO, Sept. 22 /PRNewswire/ -- Seven Summits Research issues the following Morning Update at 8:30 AM EDT with new PriceWatch Alerts for key stocks. Before the open... PriceWatch Alerts for VRSN, ELN, CY, BMET, and GIS, Market Overview, News leaders and Laggards, Today's Economic Calendar, and the Quote Of The Day. QUOTE OF THE DAY "Uncertainty is poison for the market." -- William Hummer, chief economist, Wayne Hummer Investments New PriceWatch Alerts for VRSN, ELN, CY, BMET, and GIS... PRICEWATCH ALERTS - HIGH RETURN COVERED CALL OPTIONS ----------- -- Verisign Inc. (NASDAQ:VRSN) Last Price 21.43 - DEC 20.00 CALL OPTION@ $2.80 -> 7.4 % Return assigned* -- Elan Corp. Plc (NYSE:ELN) Last Price 7.98 - NOV 7.50 CALL OPTION@ $1.10 -> 9.0 % Return assigned* -- Cypress Semiconductor Corp. (NYSE:CY) Last Price 14.34 - DEC 12.50 CALL OPTION@ $2.35 -> 4.3 % Return assigned* -- Biomet Inc. (NASDAQ:BMET) Last Price 36.74 - JAN 35.00 CALL OPTION@ $3.90 -> 6.6 % Return assigned* -- General Mills Inc. (NYSE:GIS) Last Price 44.68 - JAN 45.00 CALL OPTION@ $1.75 -> 4.8 % 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) ** FREE Access to the Market Intelligence Center where you will find the news, insight and intelligence that can make a difference in the way you invest, go to: http://www.investorsobserver.com/FreeMIC NOTE: All stocks and options shown are examples only. These are not recommendations to buy or sell any security. MARKET OVERVIEW Overseas trading remains bleak this morning, with only two of the 15 markets that we follow in positive territory. The cumulative average return on the group stands at a 0.379-percent loss. In Asia, the Nikkei finished down 0.28 percent while the Hang Seng shed 0.29 percent. Last night, Japanese consumer electronics giant Sony announced its long-awaited, three-year restructuring plan, vowing to cut 10,000 jobs, combine television-making plants and streamline its electronics division. The firm also stated that it would now post a loss for the year on restructuring costs. In Europe, the French CAC 40 is leading the slide with a loss of 0.83 percent while the German DAX has retreated 0.80 percent and the London FTSE 100 has given up just 0.01 percent. The October futures contract on sweet crude oil jumped 0.91 percent higher on Wednesday, fueled by concerns regarding Hurricane Rita, which is threatening oil production in the Gulf of Mexico. Get Free Stock Picks from Bernie Schaeffer, 3 time winner of the Wall Street Journal Stock Picking Contest. For your Free Trial go to: http://www.investorsobserver.com/freemo2 DYNAMIC MARKET OPPORTUNITIES With a surge past the 8,500 level this week, India's Bombay Stock Exchange is on a remarkable run that has seen it jump more than 25% this year. This comes as no surprise, considering the economy is forecast to grow 7% this year and is proving attractive for foreign investors in search of better value and higher returns than other powerhouse markets like China, whom some economists think has played out investment-wise. While it's true that China remains top of the American investor's 'hot list,' the effects that India will have on American business are very far-reaching. For example, if you compare India's three-year market performance to China's, you'll see that Indian stocks outperformed Chinese stocks by 6 to 1. India's stock market has doubled - while China's has actually lost 25%. With statistics like that, it's somewhat odd that India isn't receiving the attention it deserves from the financial world. Another country whose economy is faring well is Brazil. According to Bear Stearns, Brazil's economy will expand by 3.7% in 2006, as the twin combination of lower interest rates and higher consumer spending propels growth. That's a significant upward revision of 0.5% from the original 3.2% forecast. Following an excellent 3.9% second quarter expansion and 2.8% first quarter GDP growth, the Brazilian economy is set to grow by 3.3% this year. Read more analysis from the 247Profits Group every trading day with the FREE 247Profits e-Dispatch, featuring insightful economic commentary, profitable investment recommendations, and full access to a leading team of financial experts. Register for free here: http://www.247profits.com/enter.html NEWS LEADERS AND LAGGARDS So far today, General Electric, CarMax, and Newell Rubbermaid lead the list of companies with the most news stories while Reebok International and Timberland are showing a spike in news. KB Home, Sprint Nextel, and Nokia have the highest srtIndex scores to top the list of companies with positive news while Sony and Dick's Sporting Goods lead the list of companies with negative news reports. General Mills 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/ TODAY'S ECONOMIC CALENDAR 8:30 AM Sep 17 Jobless Claims 10:00 AM Aug Conference Board Leading Econ Indicators 10:00 AM Sep 11 DJ-BTM Business 10:00 AM Aug Chicago Fed National Activity Index 4:30 PM Sep 17 Money Supply Seven Summits Investment Research is an independent investment research group focusing on the U.S. equities and options markets. Our unique set of analytical tools, screening techniques, rigorous research methods and committed staff provide solid information to help our clients make the best investment decisions possible. For more information go to http://www.sevensummitsinvestmentresearch.com/ . CRD# 137114 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 Quote.com QCharts- Real time quotes and streaming technical charts to keep you up with the market. Analyze, predict, and stay ahead. for a Free 30 day trial go to: http://www.investorsobserver.com/MUQuote2 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 Catherine at 800-698-9101 or at http://www.cboe.com/Resources/Intro.asp. Privacy policy available upon request. DATASOURCE: Seven Summits Research CONTACT: Reid Stratton of Seven Summits Investment Research, +1-800-698-9101 Web site: http://www.sevensummitsinvestmentresearch.com/

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