PRICING SUPPLEMENT NO. 39 Rule 424(b)(3)
DATED: January 5, 1999 File No. 333-61437
(To Prospectus dated August 26, 1998
and Prospectus Supplement dated August 26, 1998)
$7,315,045,162
THE BEAR STEARNS COMPANIES INC.
MEDIUM-TERM NOTES, SERIES B
WITH MINIMUM MATURITY OF NINE MONTHS FROM DATE OF ISSUE
Principal Amount: Floating Rate Notes Book Entry Notes
$15,000,000 [x] [x]
Original Issue Date: Fixed Rate Notes Certificated Notes
January 6, 1999 [_] [_]
Maturity Date: CUSIP#: 073928 GL 1
January 6, 2000
Option to Extend Maturity: No [x]
Yes [_] Final Maturity Date:
Optional Optional
Redemption Repayment Repayment
Redeemable On Price(s) Date(s) Price(s)
N/A N/A N/A N/A
Applicable Only to Fixed Rate Notes:
Interest Rate:
Applicable Only to Floating Rate Notes:
Interest Rate Basis: Maximum Interest Rate: N/A
[_] Commercial Paper Rate Minimum Interest Rate: N/A
[_] Federal Funds Rate Interest Reset Date(s): *
[_] Treasury Rate Interest Reset Period: Monthly
[_] LIBOR Reuters Interest Payment Date(s): **
[x] LIBOR Telerate
[_] Prime Rate Interest Payment Period: Monthly
[_] CMT Rate
Initial Interest Rate: 5.20391%
Index Maturity: One Month
Spread (plus or minus): +0.15%
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NYFS04...:\25\22625\0122\1324\SUP1069K.070
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* 2/8/99, 3/8/99, 4/6/99, 5/6/99, 6/7/99, 7/6/99, 8/6/99,
9/6/99, 10/6/99, 11/8/99 and 12/6/99.
** 2/8/99, 3/8/99, 4/6/99, 5/6/99, 6/7/99, 7/6/99, 8/6/99, 9/6/99, 10/6/99,
11/8/99, 12/6/99 and 1/6/2000.
The distribution of Notes will conform to the requirements set forth in Rule
2720 of the NASD Conduct Rules.
2