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  • jim56442 jim56442 Jun 6, 2004 10:54 PM Flag

    What I see from the trenches

    Fan,

    Check the 2004 proxy materials. On page 54 next to last paragaph in the reply to a shareholder proposal the company states that A $100 investment in Common Stock on December 31,1998 would be worth $131.80 at year end 2002. On page 36 bottom of page they state a $100 invested 12/98 would be worth $102.59 on 12/2002. The figures on page 36 even states that it includes reinvestment of dividends. How does the same investment and the same time frame yield a difference of $29.21?

    This would be the first set of pages numbered in the proxy materials. What I was told was that this exact information was presented at the shareholder meeting and even the page numbers were mentioned.

    In fact I believe I saw this information posted on one of the message boards before the shareholder meeting.

    Please check it out and then I would expect a reply and correction from you.

    Regards,

    Jim

 
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