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Exhibit 99.2
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CONSENT OF FINANCIAL ADVISORS
We consent to the use in the Registration Statement of Gaiam, Inc. on Form S-4
of (i) our Fairness Opinion, which is dated October 11, 2000, regarding the
fairness from a financial point of view to the shareholders of Real Goods
Trading Corporation of the proposed merger pursuant to the Merger Agreement
attached to and included as a part of the Registration Statement, (ii) the
summary of our Fairness Opinion contained under the heading "Opinion of Real
Goods' Financial Advisor" in the Registration Statement, and (iii) all other
references to Houlihan Lokey Howard & Zukin Financial Advisors, Inc. and our
Fairness Opinion which appear in the Registration Statement.
In giving this consent, we do not admit that we come within the category of
persons whose consent is required under Section 7 of the Securities Act of 1933,
as amended, or the rules and regulations of the Securities and Exchange
Commission promulgated thereunder.
HOULIHAN LOKEY HOWARD & ZUKIN FINANCIAL ADVISORS, INC.
New York, New York
November 22, 2000
