From: Marion MacMahon [bigtrees@cruzio.com]
Sent: March 30, 2004
To: rule-comments@sec.gov
Subject: File No. S7-19-03


This is a rule whose time has come. I just read four proxy statements on Saturday and another 5 on Sunday. One of the companies had 2 board members to elect and the other had 13 or 15, am not sure of that one. The one who had 2 board members on the ballot had made sure that both prospective nominees were not on the boards of 5 other companies (not true of the large company with 13 board members to elect) and that they had a great deal of knowledge to bring to the table as well as contacts. I would have liked to see the same thing from the 8 other companies and also would have loved to have seen a shareholder nomination and why they felt this would be a good candidate.

Sincerely yours,

Marion MacMahon, owner of nearly 70 stocks, and I read almost all of the annual reports and proxy statements.