tZSEOCIN9- ANGS BBM2 SIB MS OFFICE savaroc YOUR AGO:Kat Bear. Stearns a Co. Inc. 245 Park Avenue New Yak. New Yak 10167 (212) 272-2000 7 OW' Bea. Stearns Securities Corp. Net Capital and Net Capital Requirements: At May 25, 2001 and July 27. 2001. the Company's net capital of $2.7 bilion and 52.7 billion was approxi