From: Douglas Estes [dce005@yahoo.com]
Sent: Monday, June 16, 2003 10:01 PM
To: rule-comments@sec.gov
Subject: Appointment of Corporate Directors (s7-10-03)

Dear Secretary Katz,

I urge the SEC to end a corporate election process
that is operated for and by corporate insiders and to
give minority shareholders greater powers to appoint
corporate directors.

Shareholder democracy is a requirement, if investors
are to ever trust that conflicts of interest are kept
to a minimum. 

Thank you.

Sincerely,
Douglas C. Estes
629 Arguello Blvd. Apt. 303
San Francisco, CA 94118

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