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Non-Tech : Bear Stearns Co's (NYSE:BSC)

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To: blankmind who wrote (1)1/21/2000 12:32:00 AM
From: blankmind  Read Replies (1) of 11
 
For the 1/4 ending 12/31/99, BSC had great results:

- $1.64/sh net income - WOW!!!!!!!!
- book value of $27.49/share
- 164 mill shs o/s
- Board approved a $500 million stock repurchase program

- as of today, the stock is only trading at 41 3/8. What am I missing?
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