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Technology Stocks : ADI: The SHARCs are circling! -- Ignore unavailable to you. Want to Upgrade?


To: Scrapps who wrote (1787)6/20/2000 7:16:00 AM
From: Jim Oravetz  Read Replies (2) | Respond to of 2882
 
OT - The only other case I directly know of was with BioTech General(BTGC). The voting was similar in that a large portion ended up as non-votes. Just wonder if those are institutional voters or mutual funds?

It does seem strange because the vote total was about 159.6K on this issue (ya+na+ab+non-vote), and the vote totals on the other issues were similar. Most shares were represented but so many choose to non-vote on such a closely contested issue.

Jim



To: Scrapps who wrote (1787)6/22/2000 12:41:00 PM
From: Bill Martin  Read Replies (1) | Respond to of 2882
 
I presume the "non-vote" population are those stock holders who don't respond to their proxy materials. There must be a lot of people with 100 shares who figure their vote won't make any difference anyhow, and who don't bother to return the proxy. I must admit it's rare for me to return proxy materials -- only when there's some issue of particular interest.

Unlike political elections (in which I do participate), if I don't like how a company is run I can sell it. If I do like it, then I figure the board doesn't need me telling them what to do.

FWIW....

Bill