From: Jim Hewitt ["Jim Hewitt" <boyzrus@rmci.net]
Sent: Monday, March 29, 2004 6:25 PM
To: rule-comments@sec.gov
Subject: Suppport for proposed rule

Dear SEC:

I just wanted to add my little voice of support for your proposed rule:


SECURITIES AND EXCHANGE COMMISSION
17 CFR PARTS 240, 249 and 274
[RELEASE NOS. 34-48626; IC-26206; FILE NO. S7-19-03]
RIN 3235-AI93
SECURITY HOLDER DIRECTOR NOMINATIONS
Agency: Securities and Exchange Commission
Action: Proposed rule.


I own very little stock and therefore can execise very little control to
effect these kinds of changes, but I think it is criminal the way the
boards of coporations currently operate.  To be fair, I have not fully
read and understood your proposed rule, but I don't think it goes far
enough.  But I do think there should be extensive changes in the corporate
governance rules since corporations have shown that they clearly can't
govern themselves.

They certainly know how to govern the money over which they have access
and know how to channel it into their own pockets.  And they know how to
keep themselves and their friends in power.  But I'd like to see the
investors have more meaningful rights and powers specifically concerning
the makeup of the board of directors - otherwise just change the laws and
remove any right to vote for all the good it seems to do now.

Sincerely,

James A. Hewitt


#include <std/disclaimer.h>
Jim Hewitt boyzrus@rmci.net
http://home.rmci.net/jimboh

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