From: Charles Cook [cmcook2@ix.netcom.com] |
Dear Sirs: Several of the companies in which I am a stockholder have performed poorly, in part because the board of directors is static in composition and is not dedicated to corporate profitability. They appear more to resemble a corporate social club than a group concerned with corporate governance. At this time there is not a way that will permit the nomination of directors that are not selected by the existing board or the company. This is not an efficient way to run a market place. I would strongly suggest that you take a position supporting the facilitation of outside nominees to corporate boards of directors. Charles Cook |