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To: Saturn V who wrote (178951)	8/9/2004 6:46:28 PM
From: rkral	Read Replies (1) \| Respond to of 186894

Saturn V, re "Will the Black Scholes expense calculation be an actual and factual expense ?" If the people estimating future price volatility of the underlying stock, risk-free interest rates, dividends, and option-life do their jobs diligently and honestly ... it'll be as actual and factual as possible ... and it'll be one heck of a lot more actual and factual than $0. Now that I've answered your question, how about you answering mine? Ron