SCMF 2004 Proxy Votes

2003 | 2005

Proxy Votes 2004

quick select:

Company Name

Ticker

Date

Issue(s)

indicates shareholder proposal

Co
Mgmt

SC
Funds

Activision Inc.

ATVI

9/21/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
		Top>

AdvancePCS

ADVP

3/22/2004

Approve Merger/Acquisition	For	Against
Elect Directors	For	Withhold
Adopt Stock Option Plan	For	Against
Approve Non-Technical Charter Amendments	For	For
Ratify Selection of Auditors	For	For
Adjourn Meeting	For	Against
		Top>

Altera Corp.

ALTR

5/11/2004

Elect Directors	For	Withhold
Add Shares to Stock Option Plan	For	Against
Add Shares to Employee Stock Purchase Plan	For	For
Ratify Selection of Auditors	For	Against
Expense Stock Options	Against	For
		Top>

AMB Property Corp.

AMB

5/20/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	For
		Top>

Ambac Financial Group

ABK

5/4/2004

Elect Directors	For	Withhold
Increase Authorized Common Stock	For	Against
Adopt Director Stock Option Plan	For	Against
Ratify Selection of Auditors	For	Against
		Top>

American Eagle Outfitters, Inc.

AEOS

6/22/2004

Elect Directors	For	Withhold
Expense Stock Options	Against	For
Monitor/Adopt ILO Conventions	Against	For
		Top>

American Power Conversion

APCC

6/10/2004

Approve Board Size	For	For
Elect Directors	For	Withhold
Adopt Stock Option Plan	For	Against
Ratify Selection of Auditors	For	For
		Top>

AmeriCredit Corp.

ACF

11/3/2004

Elect Directors	For	Withhold
Amend Stock Option Plan & Extend Term	For	Against
Amend Stock Option Plan	For	Against
Approve Annual Bonus Plan	For	For
Ratify Selection of Auditors	For	Against
		Top>

Amgen, Inc.

AMGN

5/13/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
Report on EEO Data	Against	For
Expense Stock Options	Against	For
		Top>

Analog Devices

ADI

3/9/2004

Elect Directors	For	Withhold
Increase Authorized Common Stock	For	Against
Ratify Selection of Auditors	For	For
		Top>

Applied Materials

AMAT

3/24/2004

Elect Directors	For	Withhold
Amend & Add Shares to Stock Option Plan / Amend Director Stock	For	Abstain
		Top>

Ascential Software Corp.

ASCL

6/18/2004

Elect Directors	For	Withhold
Decrease Authorized Common Stock	For	For
Add Shares to Employee Stock Purchase Plan	For	For
Ratify Selection of Auditors	For	For
		Top>

Astoria Financial Corp.

5/19/2004

Elect Directors	For	Withhold
Reapprove Option/Bonus Plan for OBRA	For	Against
Ratify Selection of Auditors	For	For
		Top>

Autodesk Inc.

ADSK

6/17/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
Require Option Shares to Be Held	Against	Abstain
		Top>

Bear Stearns

BSC

3/31/2004

Elect Directors	For	Withhold
Adopt Stock Award Plan	For	Against
Add Shares to Stock Option Plan	For	Against
Adopt Stock Award Plan	For	Against
Ratify Selection of Auditors	For	Against
		Top>

Bed Bath & Beyond, Inc.

BBBY

7/1/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
Adopt Stock Option Plan	For	Against
Report on EEO data	Against	For
Require Option Shares to be Held	Against	Abstain
		Top>

Best Buy Co., Inc.

BBY

6/24/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
Adopt Stock Option Plan	For	Against
		Top>

Cadence Design Systems, Inc.

CDN

6/15/2004

Elect Directors	For	Withhold
Amend Stock Option Plan	For	For
Add Shares to Employee Stock Purchase Plan	For	For
Ratify Selection of Auditors	For	For
		Top>

Capital One Financial

COF

4/29/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
Adopt Stock Option Plan	For	Against
		Top>

Caremark Rx

CMX

5/4/2004

Elect Directors	For	Withhold
		Top>

Citrix Systems, Inc.

CTXS

5/13/2004

Elect Directors	For	Withhold
Expense Stock Options	Against	For
		Top>

Copart Inc.

CPRT

12/7/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
		Top>

Corporate Executive Board

EXBD

7/28/2004

Elect Directors	For	Withhold
Adopt Stock Option Plan	For	Against
Ratify Selection of Auditors	For	Against
		Top>

Costco Wholesale

COST

1/29/2004

Elect Directors	For	For
Repeal Classified Board	Against	For
Report on Land Development Policy	Against	For
Ratify Selection of Auditors	For	For
		Top>

Countrywide Financial Corp.

CFC

1/9/2004

Increase Authorized Common Stock	For	Against
		Top>

Countrywide Financial Corp.

CFC

6/16/2004

Elect Directors	For	Withhold
Amend & Add Shares to Stock Option Plan	For	Against
		Top>

Countrywide Financial Corp.

CFC

8/17/2004

Increase Authorized Common Stock	For	For
		Top>

Cousins Properties

CUZ

5/4/2004

Elect Directors	For	Withhold
Add Shares to Stock Option Plan	For	Against
		Top>

Coventry Health Care

CVH

6/3/2004

Elect Directors	For	Withhold
Adopt Stock Option Plan	For	Against
Ratify Selection of Auditors	For	For
		Top>

Dell Inc.

DELL

7/16/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
Expense Stock Options	Against	For
		Top>

Deluxe

DLX

5/4/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	For
Approve Annual Bonus Plan	For	For
Amend Stock Option Plan	For	Against
Restrict Executive Compensation	Against	Abstain
		Top>

Doral Financial

DRL

4/21/2004

Elect Directors	For	Withhold
Increase Authorized Common Stock	For	Against
Increase Authorized Preferred Stock	For	Against
Adopt Stock Option Plan	For	Against
Ratify Selection of Auditors	For	Against
		Top>

eBay Inc.

EBAY

6/24/2004

Elect Directors	For	Withhold
Add Shares to Stock Option Plan/Limit Pre-Employee Awards	For	Against
Add Shares to Stock Option Plan	For	Against
Increase Authorized Common Stock	For	Abstain
Ratify Selection of Auditors	For	Against
Expense Stock Options	Against	For
		Top>

Edwards(AG) Inc.

AGE

6/24/2004

Elect Directors	For	Withhold
Approve Annual Bonus Plan	For	For
Ratify Selection of Auditors	For	Against
		Top>

EMC

EMC

5/5/2004

Elect Directors	For	Withhold
Amend & Add Shares to Stock Option Plan	For	Against
Add Shares to Employee Stock Purchase Plan	For	For
Ratify Selection of Auditors	For	Against
Restrict Executive Compensation	Against	Abstain
		Top>

Eon Labs

ELAB

5/28/2004

Elect Directors	For	Withhold
Increase Authorized Common Stock	For	For
Ratify Selection of Auditors	For	Against
Approve Other Business	For	Against
		Top>

Fannie Mae

FNM

5/25/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
Add Shares to Employee Stock Purchase Plan	For	For
Adopt Cumulative Voting	Against	For
		Top>

Fastenal

FAST

4/20/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	For
		Top>

Federal Home Loan Mortgage Corp.

FRE

3/31/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	For
		Top>

Federal Home Loan Mortgage Corp.

FRE

11/4/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	For
Adopt Stock Option Plan	For	Against
Adopt Employee Purchase Plan	For	For
		Top>

Gilead Sciences, Inc.

GILD

5/25/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
Adopt Stock Option Plan	For	Against
Increase Authorized Common Stock	For	Against
		Top>

GreenPoint Financial Corp.

GPT

4/30/2004

Elect Directors	For	Withhold
Ratify Selection of Auditors	For	Against
		Top>

GreenPoint Financial Corp.

GPT

8/30/2004