Bear Stearns Companies Inc. (BSC)
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BSC Forum Topics
- All Comments on BSC
- General Discussion on BSC
- Nine Months Later: Some Annual Predictions from the Financial Press [view article]
- What Happened to the Fed's $1.816 Trillion Lifeline? [view article]
- 3 Things America Needs to Do to Get the Economy Back on Track [view article]
- The Coming Crash of 2008: A Result of Overleveraging [view article]
- Financial Landscape: Writedowns, Losses and Capital Raised [view article]
- Putting the Perception and Reality of the Financial Crisis Into Perspective [view article]
- Lloyds Buys HBOS: Good Deal or Bad? [view article]
- Bear Stearns’ Bailout by the Fed, JPM: A Century Old Conspiracy [view article]
- Where's the Bottom? Still Anybody's Guess [view article]
- Lessons From the Banking Meltdown [view article]
- Investment Bank Crisis: The Greatest Show on Earth [view article]
- Should I-Banks Trade Publicly? [view article]
loading ...Recent BSC Articles
- What Happened to the Fed's $1.816 Trillion Lifeline?
- 3 Things America Needs to Do to Get the Economy Back on Track
- Putting the Perception and Reality of the Financial Crisis Into Perspective
- Where's the Bottom? Still Anybody's Guess
- Lloyds Buys HBOS: Good Deal or Bad?
- Should I-Banks Trade Publicly?
- Nine Months Later: Some Annual Predictions from the Financial Press
- Will Lehman's Bankruptcy End the Moral Hazard?
- Buyouts and Shakeups: How the Financial World Is Changing
- Financial Landscape: Writedowns, Losses and Capital Raised
- Full List of Articles »
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Bear Stearns Looking Decidedly Cheap [view article]
You'd be right if that was actually BSC's book value. But how in the heck can you determine that?That argument was also made with the homebuilders several months ago. Look how well that worked.
Reply
Montreal
Under The Radar News - Wednesday [view article]
Hi, Great News that nobody else is talking about much.Can you try and shed some light on something I find to be under the radar?
Many Tech companies in the USA are going out of there way to say what percentage of sales are Intenational. Intel I remember as 75%, now I belief it, but, don't those customers like Lenova in China supply back to the markets in the USA ?
Doesn't this whole concept of the World saving the USA leave out the part about everybody is using US dollars from US consumers or should I say US credit accounts?
Cheers, Brian in Montreal and I don't feel any safer up here. Reply
Eli Hoffmann
Under The Radar News - Wednesday [view article]
Glad to hear you found it useful! ReplyBear Stearns Looking Decidedly Cheap [view article]
Regardless of whether or not the comments above contain proper grammar, let's focus on their meaning, which is a lot more important. No legitimate financial/market analyst would recommend Bear Stearns right now, period. There are more write-downs to come, which will take this lousy company and its stock down further.Markets are irrational, reacting negatively on rumors and false information, which creates opportunities for gaming and rigging by unscrupulous people. Worse yet, they over-react to information which, though true, is fairly insignificant, e.g., W's musing on the Iran incident involving one of our naval ships.
Against this backdrop, writers shouldn't make stupid recommendations, like suggesting that investors should consider buying garbage stocks such as Bear Stearns. Reply
Bear Stearns Looking Decidedly Cheap [view article]
i agree with you, BSC at 70 is looking good. the bank still has tons of assets and lots of loyal customers. a couple of hedge funds does not a mountain make. it could go lower, but i bought some at 72 and intend to hold it :) ReplyGuy
Under The Radar News - Wednesday [view article]
Yes, this is really useful. ReplyUnder The Radar News - Wednesday [view article]
I've been trying to figure out why Siemens is down all morning. No one but you gave early coverage. Thanks so much for your astute coverage of this foreign blue chip. ReplyJim Cramer's Mad Money In-Depth, 1/8/08: Change of the Guards [view article]
A month or two ago, Cramer said the same thing re C -- that the stock would be up a couple of points when the then-CEO would leave. Well, he did leave, but the stock was hitting a multi-year low as of yesterday. So much for the role of a CEO in a large company. ReplyBear Stearns Looking Decidedly Cheap [view article]
PE is still over 45. That's still quite high, especially considering the weaknesses in one of its core businesses: mortgage finance. ReplyIs There A Bull Case for U.S. Financials? [view article]
Chris. My first thoughts were that yes the Moody's comment is self-serving and "BS" to your comments of advanced risk warnings being made. However I did go to the IRA website and browsed the article catalog where I found several dealing with everything that is currenly imploding, i.e. hedge fund leverage, credit risk, CDOs, subprime, regulatory issues, etc dating back several years. Good Stuff. Impressive. ReplyBear Stearns Looking Decidedly Cheap [view article]
When BSC is less than book it does make you wonder whether its future reserve losses, decreases in future earnings power or anticipated dilution events that lie behind the market sentiment.For CFC you have to wonder when, not if, a FDIC takeover will occur. They seem to be borrowed to the max and paying premium rates for deposits. CFC and WM (the adjustable rate mortgage kings) both have all those B's of individual mortgages held in portfolio that get written down based on delinquencies instead of marked to market like CDO debt securities. So they should incur increasing reserve losses and decreasing revenue recognition as the year progresses. Reply
Bear Stearns Looking Decidedly Cheap [view article]
P/B is problematic when the book value of assets is subject to further writedowns. That being said, I agree with Felix, there's good value at some point, probably not too far from where we're at now.Further, to those posting above, proper grammar would help the rest of us understand your argument(s) - i.e. difference between your/you're, who's/whose. I recommend Strunk & White. Reply
rver
Can Alan Schwartz Rescue Bear Stearns? [view article]
BSC has no need for the current batch of traders who thought they were the smartest guys in the room and proved beyond doubt they are the dumbest that ever worked a trading desk. What BSC management needs is a first rate set of bodyguards and legions of lawyers. Replyrver
Bear Stearns Looking Decidedly Cheap [view article]
The way you look at BSC shows you don't know much about business. Sure in all the investment books you have read things like book value etc. are important, but only when you have customers for your products/services. BSC doesn't have customers any more, only legal advesaries who's goal is to destroy BSC like BSC has destroyed them. Think of it man, are you going to go back to a store that has ripped you off, bend over and say do it again? ReplyCommon Sense
Bear Stearns Looking Decidedly Cheap [view article]
Nope, the most logical explanation is that Felix is high. Reply