[nilminih]

BVPS doubled only one time and it gives 8% equity. Also EPS doubled only one time within last 10m years.

Cash from operating activities seems good, but in year 2004, 2005 it did not seem good at all.

Current price 45.56 & MOS is 13.87 (according to stock2own.com MOS is 21.16). When we see all these numbers how do we decide it seems good? Do we use a different calculations when it comes to large financial institutions like Banks? I am lost here.
Also is this a bait to get more people to buy the stock – “Bank of America Corporation announced that its Board of Directors approved a regular quarterly dividend on common stock of $0.64 per share payable on December 28, 2007 to shareholders of record on December 7, 2007.

Originally Posted by npg

I don't think one needs to go after every conceivable bargain. This is has the potential to end up in tears. When its obvious that a quality stock has gone cheap, then by all means swing. If in doubt, let it pass.

Quality will pay for itself over time.

BAC and WB are looking interesting....