From: Harvey Carmel [hcarmel@thecarmels.net]
Sent: Wednesday, September 03, 2003 3:11 PM
To: rule-comments@sec.gov
Subject: Re: BOX - SR-BSE-2002-15

I would like to offer my support for the Boston Options Exchange (BOX) and 
the Price improvement Period (PIP) that they are proposing to offer. I have 
read about BOX and the proposed rules.
 
As an options trader, I believe that the BOX will improve competition and 
PIP will result in better fills with a potential to improve on NBBO. 
 
Options traders certainly look forward to increased avenues and competition 
for our trades. Option trading needs equivalents to the ECN's; BOX is a step 
in the correct direction.
 
Thank you.
 
Yours truly, 
 
Harvey Carmel
hcarmel@comcast.net