From: bstennett@gc.peachnet.edu
Sent: Monday, October 20, 2003 5:53 PM
To: rule-comments@sec.gov
Subject: S7-19-03

bring democracy to corporate board elections by removing the trigger
events from the shareholder democracy proposal. The proposed rules need to
be modified to encourage the owners of the companies – the shareholders –
to have an actual say in the membership of the corporate board of
directors. This seems to be the best way to curb many of the insider
excesses that have been taking place in corporate America. Therefore, the
board of directors should be nominated and approved by shareholder vote at
least every two years.