TigerSoft News Service Blog - 3/16/2008 Lessons from the Collapse of Bear Stearns: Using TigerSoft Would Have Helped Investors Spot The Dangers

   TigerSoft News Service    3/16/2008        Visit our www.tigersoft.com


                                 I am very sorry if you lost money in this stock's utter collapse.
                                  We must all learn from this. I am looking at the Yahoo message
                                 comments now for BSC. They are an education in themselves.

                     Bear Stearns Collapse
      Lessons To Be Learned.

                                          Bear Stearns website - 3/16/2008

Never an unprofitable year—Bear Stearns' primary emphasis is on creating long-term value for shareholders.

http://www.bearstearns.com/sitewide/our_firm/index.htm

The Bear Stearns Investor Relations Department is committed to providing the most timely and efficient corporate information to shareholders, employees, the financial community and other interested individuals.

wpe4F.jpg (14431 bytes)

                     TigerSoft Charts showed Heavy Insider Selling.
                                 See our Insider Trading Report 1/4/2008 - "Insider Trading at Bear Stearns"
                                                            Bear Stearns was then $81. Now it is $2.00
                                "Insiders Always Know" - User TigerSoft.
                                             175 page book on short selling using TigerSoft's Accumulation Index.
                                  TigerSoft Studies of Insider Trading.   http://www.tigersoft.com/Insiders/index.html
            "Insider Selling" vs Buying on The Cheap

                                            by William Schmidt, Ph.D. (Columbia University)
                                            (C) 2008 All rights reserved. Reproducing any part of this page without
                                                            giving full acknowledgement is a copyright infringement.

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           Bear Stearns Collapse: Lessons To Be Learned.

1) Twenty-Five Years' Hard Work and Steady Stock Rise
       disappears in six months. This is the warning for all
       of us in the stock market.

                   http://finance.yahoo.com/q/bc?s=BSC&t=my

    2) Learn about TigerSoft's Accumulation Index and
         the methods TigerSoft uses to find suitable short sales.
           Drops by the Accumulation Index below -.25 with accompanying negative
           ITRS (relative strength) is a very reliable SELL for TigerSoft users.
           See William Schmidt's Insider Trading articles and book.
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                         Friday, after the announcement of the bail out the stock was down, but still
                  closed at $30.00 Yahoo just announced it will be bought out at $2.00.
                                       http://news.yahoo.com/s/ap/jpmorgan_bear_stearns

    3) Rampant, overwhelming reported insider selling is very bearish.
         TigerSoft goes beyond "reported" insider buying and selling to
         look at the patterns of trading that reflect those big investors
         who are privy to information from insiders.

         The official numbers show 7 shares purchased and 554,548 shares sold!
         The data is not up to date. It ends at 2/29/08. Insiders have a
         short grace period of time to report their transactions.


    Yahoo Insider Selling at Bear Stearns reported on Yahoo.

Insider Purchases - Last 6 Months
	Shares	Trans
Purchases	7	2
Sales	554,548	11
Net Shares Purchased (Sold)	(554,541)	13
Total Insider Shares Held	52.74M	N/A
% Net Shares Purchased (Sold)	(1.0%)	N/A

INSIDER TRANSACTIONS REPORTED - LAST TWO YEARS

Date	Insider	Shares	Type	Transaction	Value*
29-Feb-08	NOVELLY PAUL A Director	28	Direct	Option Exercise at $0 per share.	N/A
14-Feb-08	BEAR STEARNS COMPANIES INC. 2008 TRUST Beneficial Owner (10% or more)	27,316,339	Direct	Statement of Ownership	N/A
31-Jan-08	GLICKMAN CARL D Director	1,000	Direct	Disposition (Non Open Market) at $0 per share.	N/A
25-Jan-08	SALERNO FREDERIC V Director	4	Direct	Purchase at $90.25 per share.	$361
28-Dec-07	NOVELLY PAUL A Director	50,000	Indirect	Sale at $86.78 per share.	$4,339,000
27-Dec-07	MOLINARO SAMUEL L JR Officer	3,000	Indirect	Disposition (Non Open Market) at $0 per share.	N/A
27-Dec-07	GLICKMAN CARL D Director	3,750	Direct	Disposition (Non Open Market) at $0 per share.	N/A
26-Dec-07	TESE VINCENT Director	716	Direct	Sale at $87.89 per share.	$62,929
21-Dec-07	CAYNE JAMES E Officer	172,621	Direct	Sale at $89.01 per share.	$15,364,995
21-Dec-07	SCHWARTZ ALAN D Officer	161,662	Direct	Option Exercise at $0 per share.	N/A
21-Dec-07	SCHWARTZ ALAN D Officer	67,900	Direct	Sale at $89.01 per share.	$6,043,779
21-Dec-07	MAYER JEFFREY Officer	102,408	Direct	Option Exercise at $0 per share.	N/A
21-Dec-07	MAYER JEFFREY Officer	102,408	Direct	Sale at $89.01 per share.	$9,115,336
21-Dec-07	SOLENDER MICHAEL S Officer	2,087	Direct	Option Exercise at $0 per share.	N/A
21-Dec-07	SOLENDER MICHAEL S Officer	2,087	Direct	Sale at $89.01 per share.	$185,763
21-Dec-07	FARBER JEFFREY M Officer	2,443	Direct	Option Exercise at $0 per share.	N/A
21-Dec-07	FARBER JEFFREY M Officer	2,443	Direct	Sale at $89.01 per share.	$217,451
21-Dec-07	MOLINARO SAMUEL L JR Officer	65,468	Indirect	Option Exercise at $0 per share.	N/A
21-Dec-07	MOLINARO SAMUEL L JR Officer	27,726	Indirect	Sale at $89.01 per share.	$2,467,891
21-Dec-07	MINIKES MICHAEL Officer	25,927	Direct	Option Exercise at $0 per share.	N/A
21-Dec-07	MINIKES MICHAEL Officer	25,927	Direct	Sale at $89.01 per share.	$2,307,762
21-Dec-07	GREENBERG ALAN C Director	99,293	Direct	Option Exercise at $0 per share.	N/A
21-Dec-07	GREENBERG ALAN C Director	99,293	Direct	Sale at $89.01 per share.	$8,838,069
21-Dec-07	CAYNE JAMES E Officer	172,621	Direct	Option Exercise at $0 per share.	N/A
11-Dec-07	GLICKMAN CARL D Director	1,250	Direct	Disposition (Non Open Market) at $0 per share.	N/A
5-Dec-07	GLICKMAN CARL D Director	3,427	Indirect	Sale at $92.52 - $92.52 per share.	$317,000²
30-Nov-07	NOVELLY PAUL A Director	20	Direct	Option Exercise at $0 per share.	N/A
26-Oct-07	SALERNO FREDERIC V Director	3	Direct	Purchase at $114.84 per share.	$344
31-Aug-07	NOVELLY PAUL A Director	20	Direct	Option Exercise at $0 per share.	N/A
5-Aug-07	MAYER JEFFREY Officer	10,008	Direct	Statement of Ownership	N/A
27-Jul-07	SALERNO FREDERIC V Director	2	Direct	Purchase at $124.45 - $124.45 per share.	$248²
31-May-07	NOVELLY PAUL A Director	20	Direct	Option Exercise at $0 per share.	N/A
19-Apr-07	SALERNO FREDERIC V Director	716	Direct	Option Exercise at $0 per share.	N/A
19-Apr-07	GLICKMAN CARL D Director	716	Direct	Option Exercise at $0 per share.	N/A
19-Apr-07	TESE VINCENT Director	716	Direct	Option Exercise at $0 per share.	N/A
19-Apr-07	NICKELL FRANK T Director	716	Direct	Option Exercise at $0 per share.	N/A
22-Mar-07	NOVELLY PAUL A Director	5,000	Indirect	Purchase at $150.18 per share.	$750,900
22-Mar-07	FARBER JEFFREY M Officer	139	Direct	Option Exercise at $0 per share.	N/A
22-Mar-07	MOLINARO SAMUEL L JR Officer	1,482	Direct	Option Exercise at $0 per share.	N/A
22-Mar-07	MOLINARO SAMUEL L JR Officer	1,482	Direct	Sale at $151.26 - $151.26 per share.	$224,000²
22-Mar-07	MINIKES MICHAEL Officer	1,295	Direct	Option Exercise at $0 per share.	N/A
22-Mar-07	MINIKES MICHAEL Officer	1,295	Direct	Sale at $151.26 per share.	$195,881
22-Mar-07	GREENBERG ALAN C Director	1,818	Direct	Option Exercise at $0 per share.	N/A
22-Mar-07	GREENBERG ALAN C Director	1,818	Direct	Sale at $151.26 per share.	$274,990
22-Mar-07	SPECTOR WARREN J Officer	2,962	Direct	Option Exercise at $0 per share.	N/A
22-Mar-07	SPECTOR WARREN J Officer	2,962	Direct	Sale at $151.26 - $151.26 per share.	$448,000²
22-Mar-07	CAYNE JAMES E Officer	3,118	Direct	Option Exercise at $0 per share.	N/A
22-Mar-07	SCHWARTZ ALAN D Officer	2,934	Direct	Option Exercise at $0 per share.	N/A
22-Mar-07	SCHWARTZ ALAN D Officer	1,500	Direct	Sale at $151.26 per share.	$226,890
21-Mar-07	NOVELLY PAUL A Director	10,000	Indirect	Purchase at $150.29 - $150.29 per share.	$1,503,000²
20-Mar-07	NOVELLY PAUL A Director	35,000	Indirect	Purchase at $147.49 - $147.49 per share.	$5,162,000²
28-Feb-07	NOVELLY PAUL A Director	23	Direct	Option Exercise at $0 per share.	N/A
17-Jan-07	HARRINGTON DONALD J Director	1,000	Direct	Option Exercise at $0 per share.	N/A
17-Jan-07	HARRINGTON DONALD J Director	1,000	Direct	Sale at $171.45 - $171.45 per share.	$171,000²
11-Jan-07	SPECTOR WARREN J Officer	5,900	Direct	Disposition (Non Open Market) at $0 per share.	N/A
10-Jan-07	GOLDSTEIN MICHAEL Director	N/A	Direct	Statement of Ownership	N/A
8-Jan-07	CAYNE JAMES E Officer	1,885	Direct	Disposition (Non Open Market) at $0 per share.	N/A
3-Jan-07	GREENBERG ALAN C Director	150,396	Direct	Option Exercise at $73.75 - $73.75 per share.	$11,092,000²
3-Jan-07	GREENBERG ALAN C Director	150,396	Direct	Sale at $163.11 - $163.11 per share.	$24,531,000²

     4) When a debacle like this happens, look to see who are the biggest holders.
          It is likely that they will have to sell their other holdings to raise money
          for their margin calls.

MAJOR DIRECT HOLDERS (FORMS 3 & 4)

Holder	Shares	Reported
BEAR STEARNS COMPANIES INC. 2008 TRUST	27,316,339	14-Feb-08
CAYNE JAMES E	5,612,922	21-Dec-07
SCHWARTZ ALAN D	1,026,680	21-Dec-07
GLICKMAN CARL D	291,542	31-Jan-08
MINIKES MICHAEL	250,000	21-Dec-07

TOP INSTITUTIONAL HOLDERS

Holder	Shares	% Out	Value*	Reported
BARROW, HANLEY MEWHINNEY & STRAUSS, INC.	11,485,058	9.73	$1,013,556,368	31-Dec-07
MORGAN STANLEY	6,335,729	5.37	$559,128,084	31-Dec-07
Legg Mason Capital Management, Inc.	5,721,010	4.84	$504,879,132	31-Dec-07
PRIVATE CAPITAL MANAGEMENT, INC.	5,541,259	4.69	$489,016,106	31-Dec-07
Barclays Global Investors UK Holdings Ltd	4,245,451	3.60	$374,661,050	31-Dec-07
STATE STREET CORPORATION	3,550,715	3.01	$313,350,598	31-Dec-07
VANGUARD GROUP, INC. (THE)	3,149,691	2.67	$277,960,230	31-Dec-07
JANUS CAPITAL MANAGEMENT, LLC	2,765,699	2.34	$244,072,936	31-Dec-07
FMR LLC	2,359,011	2.00	$208,182,720	31-Dec-07
PUTNAM INVESTMENT MANAGEMENT, LLC	2,242,980	1.90	$197,942,985	31-Dec-07

TOP MUTUAL FUND HOLDERS

Holder	Shares	% Out	Value*	Reported
VANGUARD/WINDSOR II	8,358,352	7.08	$949,508,787	31-Oct-07
PUTNAM FUND FOR GROWTH AND INCOME	2,350,605	1.99	$267,028,728	31-Oct-07
LEGG MASON VALUE TRUST	1,600,000	1.35	$196,496,000	30-Sep-07
JANUS TWENTY FUND	1,496,429	1.27	$132,059,859	31-Dec-07
VANGUARD 500 INDEX FUND	1,100,046	.93	$135,096,649	30-Sep-07
PUTNAM VOYAGER FUND	965,300	.82	$109,658,080	31-Oct-07
American Beacon Large Cap Value Fd	862,450	.73	$97,974,320	31-Oct-07
PUTNAM INVESTORS FUND	742,700	.63	$84,370,720	31-Oct-07
VANGUARD TOTAL STOCK MARKET INDEX FUND	702,594	.59	$86,285,569	30-Sep-07
COLLEGE RETIREMENT EQUITIES FUND-STOCK ACCOUNT	696,560	.59	$85,544,533	30-Sep-07

,
     5) Gold, Silver and Foreign Currencies are usually very strong
         as financial crises develop. But they are not safe once margin
         calls start being sent out. Then even they decline.

      wpe52.jpg (35231 bytes)
                                              http://www.kitco.com/charts/livegold.html
                                              For silver - http://www.kitco.com/charts/livesilver.html
        Gold and Silver are up steeply overseas in very early trading.


                      Come back later tonight for more formation.