[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: [RT] TWO BUCKS a share!!! JPMorgan Acts to Buy Ailing Bear Stearns at Huge Discount



PureBytes Links

Trading Reference Links

He is appointed for life...
--- ketayun <ketayun@xxxxxxxxxxxxx> wrote:

> I think what is most serious is leaving the state of
> the economy in Bernanke's hands.
>   ----- Original Message ----- 
>   From: Timothy Morge 
>   To: realtraders@xxxxxxxxxxxxxxx 
>   Sent: Sunday, March 16, 2008 8:18 PM
>   Subject: Re: [RT] TWO BUCKS a share!!! JPMorgan
> Acts to Buy Ailing Bear Stearns at Huge Discount
> 
> 
>   This is just the beginning.
> 
>   Time has been very telling...
>   --- LB <nsite@xxxxxxxxxxxxxx> wrote:
> 
>   >  But will it be as serious as most thought it
> would
>   > be?
>   >  Probably not.  Time will tell on that.
>   > 
>   >   ----- Original Message ----- 
>   >   From: sue crew 
>   >   To: realtraders@xxxxxxxxxxxxxxx 
>   >   Sent: Sunday, March 16, 2008 7:36 PM
>   >   Subject: Re: [RT] TWO BUCKS a share!!!
> JPMorgan
>   > Acts to Buy Ailing Bear Stearns at Huge Discount
>   > 
>   > 
>   > 
>   >   Things are very serious
>   >     ----- Original Message ----- 
>   >     From: Deosaran Bisnath 
>   >     To: realtraders@xxxxxxxxxxxxxxx 
>   >     Sent: Monday, March 17, 2008 10:27 AM
>   >     Subject: [RT] TWO BUCKS a share!!! JPMorgan
> Acts
>   > to Buy Ailing Bear Stearns at Huge Discount
>   > 
>   > 
>   >     JPMorgan Acts to Buy Ailing Bear Stearns at
> Huge
>   > Discount 
>   > 
>   > 
>   >     By ANDREW ROSS SORKIN and LANDON THOMAS Jr.
>   >     Published: March 16, 2008
>   >     Bear Stearns, facing collapse because of the
>   > mortgage crisis, agreed Sunday evening to be
> bought
>   > by JPMorgan Chase for a bargain-basement price
> of
>   > less than $250 million, the two companies
> announced.
>   >       
>   > 
>   >     The all-stock deal values Bear Stearns at
> about
>   > $2 a share, based on JPMorgan's closing stock
> price
>   > on Friday, the companies said. In contrast,
> shares
>   > of Bear Stearns, which fell $27 on Friday,
> closed at
>   > $30.
>   >     A deal for Bear Stearns would end the
>   > independence of one of Wall Street's most
> storied
>   > firms and help halt a sweeping panic that set in
> at
>   > the end of last week, causing Bear Stearns's
> stock
>   > to swoon 47 percent on Friday. 
>   > 
>   > 
>   >
>  
>
----------------------------------------------------------------------------
>   >     Be a better friend, newshound, and
> know-it-all
>   > with Yahoo! Mobile. Try it now. 
>   > 
>   > 
>   >    
> 
> 
>   ------------------------------------
> 
>   Yahoo! Groups Links
> 
> 
> 
> 


------------------------------------

Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/realtraders/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/realtraders/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:realtraders-digest@xxxxxxxxxxxxxxx 
    mailto:realtraders-fullfeatured@xxxxxxxxxxxxxxx

<*> To unsubscribe from this group, send an email to:
    realtraders-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/