Reset a user password in Admin console

I'm pretty sure that the answer is no. In order to reset the password you need access to their email. Of course you can go into the regular login screen for that userid password and click Forgot My password, but then you would need access to their email in order to be able to legitimize yourself as the owner of that email and click through the link in that email to start the reset password process.  

EDIT: wanted to know if I can reset the password from my admin console for one of the users rather than the user doing the usual Forgot you password? method.