From: Michael Yu [mcy2001@columbia.edu] Sent: Monday, June 09, 2003 9:19 PM To: rule-comments@sec.gov Subject: RE: S7-10-03 I am a concerned shareholder. This review could not have come at a better time when investors are still wary of poor corporate governance rules. When the board cannot be counted on to do its job, it leads to trouble for the company and presents a risk for the investor. It's a lose-lose situation. I would like to thank the SEC for reviewing the proxy rules and their interpretations regarding procedures for the election of corporate director. Michael Yu