66% of Keycorp's market capitalization is held in cash. Yes....that's right...$26M in cash....an astounding 33 cents a share. Market therefore values the underlying business at 18 cents a share. EPS for 12 months ending June 30th 2010 is expected to be 9 cents......1st half was 4.5 cents - what a crazy world we live in !
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- buy something or give us back the cash
buy something or give us back the cash
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