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DewDiligence

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Re: Elmer Phud post# 2393

Wednesday, 04/16/2003 2:40:25 AM

Wednesday, April 16, 2003 2:40:25 AM

Post# of 97868
>> It was a pleasure to vote to throw out the BODs <<

Elmer: unless there is a proxy battle, you cannot vote a director out of office. All you can do is withhold your vote, which makes no difference to the outcome.

Absent a proxy battle, as long as a director receives even a single vote from some shareholder, that director will be elected.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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