Undervalued Stock #2 ========== ---------- JP Morgan Chase & Co. (NYSE: JPM) ---------- Insider Name: Crandall C. BowlesInsider Position: DirectorInsider Action: 4,000 shrs on 2/1/2007Insider Total Holding: 7,523 shrs -------------------------------------------------------Undervaluation Merits... P/S Ratio = 3.0 (Industry Average 3.40)P/B Ratio = 1.56 (Industry Average 1.99)P/CF Ratio = 11.03 (Industry Average 12.24) Industry: Money Center Banks -------------------------------------------------------Other Merits... Dividend Yield = 2.70% ---------- JP Morgan Chase & Co. (NYSE: JPM)