Subject: Exponential Volatility
From: [email-masked]
To: [email-masked]
Cc: [email-masked]
Date: Wed, 27 Jun 2001 11:15:44 -0700 (PDT)

John,

I am attaching a spreadsheet that outlines the exponential volatility concept we talked about yesterday. Paulo and I will give you a call after 3:00 PM, as we also have an short excerpt from a book that deals with this in a little more depth - you might be interested in reading it.

Tom