From: Mark Latham [corpmon@earthlink.net]
Sent: Monday, October 07, 2002 10:29 PM
To: rule-comments@sec.gov
Subject: Petition for Rulemaking (SEC File No. 4-461)

Dear Mr Katz:

I support the Petition for Rulemaking (SEC File No. 4-461) submitted by the
Committee of Concerned Shareholders and James McRitchie.  It would
fundamentally improve corporate governance, by giving directors a much
stronger incentive to serve shareowners' interests.

To prevent an excess proliferation of candidates, nominators could be required
to either:
(a) own at least 0.5% of the outstanding stock; or
(b) pay a $20,000 fee, to be refunded if the nominee gets at least 5% of the
vote.

Sincerely,
Mark Latham
Founder
The Corporate Monitoring Project


================================================================== 

Mark Latham, Founder                    Voice/Fax:  (415) 680-1521 
The Corporate Monitoring Project        MailTo:mlatham@corpmon.com 
268 Bush Street #3934                   Website:   www.corpmon.com 
San Francisco, CA 94104, USA