From: BGrecoACE@aol.com [mailto:BGrecoACE@aol.com]
Sent: Monday, March 29, 2004 5:30 PM
Subject: S7-19-03

While this new rule will not do much to help the undemocratic system of corporate governance, at least it is a step in the right direction. Please pass this new rule and please do more to stop the disgraceful power and arrogance among corporate executives who can do what they please and pay themselves exorbitant amounts of compensation with no recourse available to the owners of the company - the stockholders.

J. Robert Greco