From: Chris Crowder [nucrowd@comcast.net]
Sent: March 7, 2004
To: rule-comments@sec.gov
Subject: File No. S7-03-04


I would like to weigh in as a Mutual Fund investor who is strongly in favor of this proposed rule to require an outside director to chair the mutual fund's board. I actually think that the substantial majority of directors should be required to be outsiders, versus insiders.

- Chris Crowder