From: markfoulon@att.net Sent: Thursday, May 29, 2003 1:46 PM To: rule-comments@sec.gov Subject: RE: S7-10-03 RE: S7-10-03 Dear Sir: I am responding to your press release soliciting comments on reforming proxy rules. I am a shareholder, both direct and through mutual funds, who has seen my savings and retirement funds plummet in value -- often through mismanagent by senior management which has not been held to account by Board members. As a result, I feel very strongly about this issue. I urge you to strengthen the proxy rules to give shareholders the opportunity to exercise meaningful oversight of the companies we own. Thank you for reviewing the rules and for giving me the opportunity to weigh in. Mark Foulon