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To: The Duke of URL© who wrote (174401)5/8/2003 1:41:53 PM
From: rkral  Respond to of 186894
 
OT ... Duke, re "From this post does every one now see the danger of using Black Schoales as God's word to value options? "

Not me. I believe compensation, including non-cash compensation, aka options, should be expensed. The Black-Scholes option model is the best tool we've got to value the options. That's why every company uses it when reporting option expenses in 10-K footnotes.

JMHO, Ron


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