From: GYoung1656@aol.com [mailto:GYoung1656@aol.com]
Sent: Tuesday, March 30, 2004 8:24 PM
To: rule-comments@sec.gov
Subject: S7-19-03

First, thanks for extending the commentary period on this important issue. I cannot imagine much more of an important issue for the SEC to address and improve. We shareholders...not the Directors own the company (except for the "free" shares of company stock that they vote for themselves). Recent corporate governance matters certainly demand a reconsideration of Bd of Dir. accountability and election. Please pursue an appropriate remedy and DO NOT BOW (as you have in the past) to lobbyists and related pressure groups. They want to preserve the status quo to save their positions of privilege.