From: James Snell [janddsnell@earthlink.net] Sent: Monday, March 08, 2004 11:39 AM To: rule-comments@sec.gov Subject: S7-03-04: I wish to express support for your proposed rule to require mutual funds' boards of directors to be chaired by outside directors who don't work for the investment adviser firms that the boards oversee. James and Diane Snell 3450 E. Alder St. Seattle WA 98122