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Re: Hi Hopes post# 19996

Sunday, 10/15/2006 5:19:14 AM

Sunday, October 15, 2006 5:19:14 AM

Post# of 53987
Is it so, that "a no vote is a vote 'No.'" Or are shares that are held in street name voted 'Yes' by default (or perhaps by broker action), while shares held in person are voted 'No.'"? If the latter is true (and the company seems to believe this), many of the 50 million street-name shares are likely to be 'Yes.'"

We turn to Kelly partly for his general legal knowledge on issues like this.

If a shareholder uprising is going to work, we need folks to hold shares that may be voted. Perhaps a lot of holding is unlikely if the price per share goes to the teens (suddenly, we're back to a sad perception of what is possible), but holding is likely for most of us if the price stays as it is.

Count me in for 325,000 shares in street name, which as of now will be voted 'No.'

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