From: Lisec, Thomas R [thomas.r.lisec@lmco.com]
Sent: Monday, March 29, 2004 6:41 PM
To: rule-comments@sec.gov
Subject: S7-19-03

SEC Comissioners:

I would like to add my support for the passage of  S7-19-03, the proposed reform 
of the election of Board of Directors of publically held companies.  I am a 
stockholder, mutual fund owner and bond owner.  I have been repeatedly 
frustrated and disgusted at the manner of conduct of annual meetings of these 
companies.  The "good old boy" network is on obvious display and there is a 
miniscule opportunity for any stockholder supported resolution to pass.  The 
proposed reform would permit a beginning of a process to "level the playing 
field" and introduce the capability for stockholder interests to be represented 
on the Board and at Annual meetings.   
The "special interests" represented in the current Board selection process does 
not begin to represent the true ownership and interests of the company.  They 
often have no meaningful investment of their own funds in the company.  
This current selction process also places an unfair financial burden on any 
potential candidate not promoted by the current Board.  This reform would let 
them get the same exposure under the same groundrules as incumbents or Board 
supported nominees.  The rule's  adoption would help establish two important 
rights: investor access to the proxy ballot and a meaningful shareholder role in 
the voting.

Thanks, 
Tom Lisec
303-971-4360 (phone)
303-971-7119 (fax)
thomas.r.lisec@lmco.com (email)