From: Kyran.O'Dwyer@JEBSENS.no
Sent: Wednesday, March 31, 2004 7:16 AM
To: rule-comment@sec.gov
Subject: s7-19-03

Dear Sirs,

      As an American businessman abroad I write to support the SEC proposal
to encourage investor nominees for the Board of Directors. The present process
is management dominated and does not represent shareholder interests.

      It is clear that the selection and reelection of Directors is wholly
within the control of management, and therefore few Boards have any control over 
their sponsers and paymasters. Since it is almost impossible to effect change 
investors are driven to vote with their feet and disasters like Enron, Worldcom, 
and Adelphia will continue.

Sincerely


Kyran O'Dwyer