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jmspaesq

05/21/03 9:51 PM

#27465 RE: bulldzr #27433

Bull: If you mean Voting Instruction #1...

I followed the discussion here. And I see what it says on the back of the proxy.

However, the discussion here from those who researched it and copied and pasted their research here and/or reported what they learned after making inquiries, was that YES your broker can vote if you fail to do HOWEVER only to the extent that the NYSE rules permit them to. Those rules indicated that absent your specific instruction, your broker can vote your proxy if you don't but ONLY on 'routine matters.'

I believe that the conclusion was that prop 2 wouldn't constitute a 'routine matter.'

But frankly, since I actually intend to vote my proxy this time, I didn't follow the discussion all that carefully.

But I THOUGHT that was the bottom line. Maybe it wasn't? If someone who researched this and/or inquired from some authoratative source concludes differently, than fine.

It isn't that important to me.

No, Yes, whatever happens I personally don't think it will be a disaster. Maybe someone will challenge the vote and the Supreme Court of the United States will weigh in on all these issues. The last time they decided a big election case, I have to say that I found the results quite surprising. I didn't quite follow their legal reasoning based on my study of consitutional law and voting rights (I actually took an entire course on voting rights--with a woman who was later to become a controvesial Clinton Nominee, Lani Guinier). But, hey--they're the Supreme Court and one thing I know is that the law is whatever they say it is, whether I would have reached the same conclusion or not.

So if someone wants to correct me, it won't be the first time I was wrong about something, nor will it be the last.

joel <shrugging>