From: sagorin@aol.com Sent: Friday, December 12, 2003 3:06 PM To: rule-comments@sec.gov Subject: Re: File No. S7-19-03 Secretary Jonathan Katz Securities and Exchange Commission Re: File No. S7-19-03 450 Fifth St., N.W. Washington, DC 20549 Dear Secretary Katz, Re: File No. S7-19-03 I am writing to offer supporting comments on SEC proposal S7-19-03 regarding security holder director nominations. I applaudy your efforts to reform the corporate practices that have given business in general a bad name. Boards have been too pliant in awarding high compensation and retirement benefits to corporation officers, without asking hard questions about what exactly it is these officers are doing. The SEC's proposed rules to give shareholders a voice in choosing corporate directors are a step in the right direction. However, the high ownership thresholds and two-year process will make these reforms difficult for investors to implement. I urge you to design a simpler process and to adopt final rules that truly will bring shareholders into the director selection process. Sincerely, Sarah Gorin Sincerely, Sarah Gorin 508 S. 11th Laramie, Wyoming 82070