From: Michael Smilie [mssmilie@ix.netcom.com] Sent: Monday, March 29, 2004 8:40 PM To: rule-comments@sec.gov Subject: S7-19-03 This is the VERY LEAST that can be done to insure some level of investor control. I own stock in about 10 public companies and an equal number of stock funds. I have never felt that management gave two hoots in hell if I got a glimmer of influence over board elections. I routinely deny every director in protest. (I vote against nearly all Missouri plan judges as well.) Michael Smilie P.O. Box 272820 Fort Collins, CO 80525 CHAOS Where Brilliant Dreams are Born