From: Ed Cunneen [edcunneen@ameritech.net] Sent: Friday, June 13, 2003 12:52 PM To: rule-comments@sec.gov Subject: S7-10-03: Gentlemen & Ladies of the Commission: I AM A STOCK HOLDER IN SEVERAL PUBLIC COMPANIES. SBC, GE, EXXON, CEDARFAIR, ANHEUSER, JUST TO NAME A FEW. I WOULD SUPPORT THE ISSUE OF PERMITTING STOCK HOLDERS , NOT AFFILIATED WITH THE COMPANY, TO BE NOMINATED FOR THE COMPANY BOARD. I FEEL THAT THERE ARE FAR TOO MANY INTERLOCKING BOARD MEMBERSHIPS. THE INTERLOCK COULD SIMPLY BE A "FRIENDLY " TOKEN OF APPRECIATION OR JUST AN ACQUAINTANCE BUT THERE CAN AND ARE TOO MANY " GOOD OLD BOY " CORPORATE NETWORKS THAT NEED MONITORING BY ACTUAL SHARE HOLDERS. I AGREE THAT THE CANDIDATES SHOULD MEET CERTAIN QUALIFICATIONS AND THAT THEIR ROLES MIGHT BE MORE CONSULTATIVE INITIALLY BUT THE PEOPLE THAT TRUST THE COMPANY AND INVEST SHOULD HAVE SOME BETTERR IN PUT THAN JUST ATTENDING ANNUAL MEETINGS WHERE IN RECENT CASES THEY HAVE BEEN REFUSED THE ABILITY TO ASK QUESTIONS. I VIVIDLY REMEMBER THE OLD AT&T MEETINGS WITH EVEYLN DAVIS AND CO. THOSE USED TO BE FUN AND IN THOSE DAYS THE "BRASS" AT AT&T DID GREAT WORK IN CONDUCTING THE HUGE MEETINGS. SO MUCH FOR MY 2 CENTS...LET THE SHAREHOLDERS IN AND SEE WHAT HAPPENS. I'LL BET YOU WE MIGHT NOT HAVE HAD THE CORPORATE MESSES WE HAVE TODAY.. THANKS, EDWARD T. CUNNEEN BEACHWOOD, OHIO