Spokeswomen for both companies, however, said Cisco and Sun don't have such a policy. 3Com Corp. In fact, Cisco spokeswoman Abby Smith pointed out that most reporters are prohibited from owning shares of companies they cover, since it would constitute a conflict of interest. Dugan later said she had erred in listing Sun and Cisco as examples. Annual shareholder meetings are usually somewhat perfunctory. Company managers discuss the previous year's results and discuss the future outlook, and shareholders vote on the board of directors.
Investors also have chances to make comments or ask questions of management.
Seeing the demeanor and mannerisms of executives and so on. Bart Naylor, former director of corporate affairs for the Teamsters union, now works as a consultant to shareholder activists. He said he's been to a few annual meetings where the press wasn't allowed, but he said Yahoo seems an unlikely company to insist on a Webcast. Irony of ironies that Yahoo should engage in stifling communication. Yahoo is generally not news-phobic.