bryanz

That's Bull Stearns, not Bear Stearns - Barron's

Loyal workers may very well prefer a $200/share buyout, but who's going to cough up a 45% premium on stock that's been beaten down, and apparently rightfully so? I'm sure Yahoo shareholders would jump at a $40 buyout offer too, but given the market it just doesn't seem realistic. I'm not going to call BSC a dog, because it's still one hell of a company and if it falls back into double digits it may be tempting. But the whole financial industry is so volatile right now that unless you plan on plopping down your cash on BSC and then not touching it for a couple years, the risk/reward is probably much better in other places.