From: Steve Gillespie [mailto:SGillespie@lightningmaster.com]
Sent: Monday, May 12, 2003 2:05 PM
To: 'marketreg@sec.gov'
Cc: Ann & Bill Gillespie (E-mail)
Subject: Corporate CEO Bonus Packages



Dear Ma'am or Sir,

I heartily support the New York Stock Exchange proposed reform that would
require listed companies to get shareholder approval for CEO option plans.
Actually, I don't just support it, I DEMAND IT!  The absurdity of the status
quo which allows a CEO such as Michael Eisner to receive a $5 million bonus
as Disney stock has dropped 50% over the last 2 years keeps me from
re-entering the stock market with my investment dollars.  Especially since,
thanks to CEO bonus packages, I have only half of the capital to invest that
I had 2 years ago.  I implore the SEC to step up to the plate and take an
active role in this reform.


Respectfully,
Steven B. Gillespie
3745 Thornbush Lane
New Port Richey, FL  34655
Email - surgill@peoplepc.com