From: Karen [kmoorNOe@cox.net] Sent: Monday, March 29, 2004 8:59 PM To: rule-comments@sec.gov Subject: S7-19-03 Dear Sirs: Being a private investor, I abhor the thought of allowing those without a vested interest in the success or failure of the company make decisions in the "best" interest of their investors. The financial backers - the investors - should have the opportunity to represent their interests when determining upper management and boards, if well informed. I oppose this proposal. Thank you for your consideration. Karen Moor kmoorNOe@cox.net