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Stability determination from step response

Hello everybody,

in this paper(http://focus.ti.com/download/trng/docs/seminar/Topic%207%20-%20Evaluation%20and%20Performance%20Optimization%20of%20Fully%20Integrated%20DC-DC%20Converter.pdf) I found on page 7-2 I can use the step response to determine the phase margin in the vicinity of the crossover frequency. Is it not enough to determine whether the system is stable? I think I dont need to know the gain and phase for lower frequencies or I do?