"Will Real Options Take Root?", CFO, July 2003. Why companies have been slow to adopt the valuation technique.

"Real Options Valuations: Taking Out the Rocket Science" Strategic Finance, February 2003.

"ROI Guidelines: Real Options", Computerworld, February, 2003. A broad range of experts, including academics and analysts, say Real Options may be the best way to assign a value to IT-related risk.

"Capturing the Value of Flexibliity" Strategic Finance, December 2002.

"Real Options and Investment Valuation", AIMR, July 2002. In this Research Foundation monograph, the authors explore real-options valuation-looking at these models vis-à-vis traditional valuation models, providing examples and simple case studies, and examining the criticisms and limitations of real-options valuation.

"Georgia State: Red Faces or Real Options", CFO, April 2002. Busy finance chiefs get the latest word from academia on arbitrage theory, intellectual capital and IT.

"Real Options, Real Opportunities", Optimize, January, 2002. Treating IT investments like stock options can lead to better product valuation, capital budgeting, and strategic planning.

"Real Options: The Haves and the Have Nots", Motley Fool, January, 2001. All companies have real options, but some have more than others. In this article, two Fools debate the expanding possibilities for some of today's most intriguing companies.

"Putting Real Options to Work" , Motley Fool, January, 2001. Investors can use the concept of "real options" to explain part of the difference in market value and the intrinsic value as calculated using traditional methods. Real options represent what is possible beyond the current business operations. Investors can ignore real options, try to find real option value for free, or consciously seek out companies that have abundant real option value.

"Reality Check for Real Options", CFO, September, 2001. Applying Black-Scholes analysis to capital spending projects has one big flaw.

"Taking an Option on IT", CIO, June, 1999. The real options approach provides a framework for the CIO and line executives to engage in meaningful strategic dialogue, offering the senior executive team a mechanism to manage this business risk over time.