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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Charles Tutt who wrote (71341)7/19/2002 1:12:04 AM
From: Exacctnt  Respond to of 74651
 
<<<<Doesn't use of Black-Scholes suffer from a shortcoming similar to that of pension fund return assumptions >>>>

Your exactly right. I can imagine the rumblings now if Black Scholes is used. Who would decide the number of years a grant is expensed? Who would decide the volatility rate? Can we trust companies to make the proper decisions? Hey! How about creating another regulatory board.<g>