Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: William Hunt who wrote (26910)	6/1/1998 12:33:00 PM
From: Senator949	Respond to of 97611

<< I am curious what percentage is required for approval >> The required vote to pass is 66 2/3% of all outstanding shares as of the date of record (May 4th I believe). All un-returned proxies are a NO vote. For all shares held for shareholders in "Street-name" by brokers it is up to the shareholder to contact the broker with voting instructions, broker can't just vote arbitrarily. I've heard a rumor that a lot of people have sold their shares since May 4th but still get to vote as they were the shareholder of record and as the rumor goes they are voting no in protest to punish Palmer for his poor performance and sell-out. His walk-away money isn't pleasing many either. Robin