| "...make sure your analysis begins and ends with the market."† |
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† Howard Lewis, retired National Program Manager for the IRS's Engineering and Valuation programs, as quoted in "BV Wire", issue #72-3 of September 24, 2008
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LEAPS are the best market-based evidence because...
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- LEAPS are publicly traded - they reflect all market forces
- LEAPS are valuation date specific - i.e. you can match the LEAPS date to the valuation date of your appraisal assignment
- LEAPS are industry specific - there are over 1000 companies with LEAPS
- LEAPS include many of the Mandelbaum factors, by definition
- LEAPS often can be used like publicly-traded guideline companies
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What's New?
- 2010 LEAPS Study - Click here
- ETFs Study - See Articles Page
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