The Corporate Monitoring Newsletter

Issue #10 - March 2001

Written by Mark Latham

IN THIS ISSUE:

1. SAVI Proposal at Gillette, KB Home, Equus II

2. Auditor Independence Proposal at SONICblue

3. Mark Latham to Speak at Commonwealth Club March 20

4. Travel Schedule: USA, Japan, Korea, China

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1. SAVI PROPOSAL AT GILLETTE, KB HOME, EQUUS II

Our "Shareowners’ Alternative Voting Information" proposal
will be in the year-2001 proxies, for shareowner vote at the
annual meetings of Gillette, KB Home, and Equus II. This
3-out-of-3 success rate for getting submissions into proxies
is a great improvement over last year’s 2-out-of-12! I
revised the proposal to exclude advice on director elections,
so as to satisfy SEC rule 14a-8(i)(8).

I will attend these meetings to present the proposal. Dates
and locations are in #4 below.

Texts of the proposal, as well as the Boards’ opposition
statements and my rebuttals are at http://www.corpmon.com

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2. AUDITOR INDEPENDENCE PROPOSAL AT SONICBLUE

As a shareowner of SONICblue, in November 2000 I submitted
this proposal to let shareowners vote to choose the auditor
instead of just rubber-stamping the Board’s choice. The
usual management arguments to omit the proposal from the
proxy, and my counterarguments, were made to the SEC in
January and February. We expect the SEC decision soon,
probably by March 20. See http://www.corpmon.com

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3. MARK LATHAM TO SPEAK AT COMMONWEALTH CLUB MARCH 20

I will discuss the Corporate Monitoring Project at the
Commonwealth Club of California’s San Francisco office,
595 Market Street, at 5 pm on Tuesday March 20. This will
include our shareowner proposal campaign, and my articles
"It’s Time for Stock-Vote-Bot" and "The Internet Will Drive
Corporate Monitoring".
(http://www.corpmon.com/publications.htm)

More info at:

http://www.commonwealthclub.org/upcoming.html#latham

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4. TRAVEL SCHEDULE: USA, JAPAN, KOREA, CHINA

For those who would like to discuss corporate governance with
me in person, here are my travel plans through August:

April 5 - Los Angeles - KB Home shareowners meeting

April 19 - Boston - Gillette shareowners meeting

Early May - Houston - Equus II shareowners meeting

May 31 - June 2 - Washington DC - George Washington University
corporate governance conference

June 6-10 - Boston, then Dartmouth for my son’s graduation

July 11-13 - Tokyo - International Corporate Governance Network
conference

July 19 (approx) - Seoul National University

August? - China, probably Beijing

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