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To: Robohogs who wrote (155716)4/12/2005 1:42:34 PM
From: BiomavenRespond to of 275872
 
They actually probably have less flexibility than they did under FAS 123. Much more scrutiny from the auditors.

But the good news is that volatilities will be much more realistic - under FAS 123 companies just plugged in 4-year historical volatilities, and these were often very high as they encompassed the bubble.

Peter


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