[DuncanWaring]

The $2 per share deal is subject to shareholder approval, and Bear employees--many of whom have significant parts of their life savings in Bear stock--are certainly stunned enough to create at least a minor protest over the price.

I know a guy who went through the Sperry - Burroughs - Unisys fustercluck twenty years ago, when the stock price went from $80 to $2 over a period of time.

He said that there were a lot of older guys who had their entire 401(k) balance in company stock, who could no longer afford to retire.

Paraphrasing, he said they were "dropping like flies of heart attacks".

[Ruy Dias de Bivar]

***He said that there were a lot of older guys who had their entire 401(k) balance in company stock, who could no longer afford to retire.***

Sounds like me today. I hoped to be retired next year.