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

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To: blankmind who wrote (2)1/26/2000 5:55:00 AM
From: blankmind  Read Replies (1) of 11
 
Please look at Bear Sterns (BSC) vs Merril Lynch (MER) & tell me if this doesn't indicate that BSC might be a bit undervalued:

- for 4Q99:

- Merrill earned $1.80/sh; & closed at $81
vs.
- Bear Stearns earned $1.64/sh & closed at $41

what am I missing? thanks
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