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Non-Tech : SPIN-OFFS "secret hiding places of stock market profits" -- Ignore unavailable to you. Want to Upgrade?


To: Terry Maynard who wrote (338)8/11/1999 4:15:00 PM
From: David Bogdanoff  Respond to of 1185
 
TM;

Now that I see what you meant, and I agree. Thanks.

David

P.S. My understanding is that Black-Scholes applies to European options rather than American options(exercise option anytime), so this is a pervasive problem with applying the formula to any American option situation.Also, I don't think that clarification of a statement is to be equated with due diligance.