From: Cody Nedved [cnedved@kc.rr.com]
Sent: Monday, March 29, 2004 11:36 PM
To: rule-comments@sec.gov
Subject: S7-19-03

I believe as a shareholder of stock in a public company I should have the right
to have my vote actually count towards electing and determining board members.
Take for instance Sunbeam Corporation.  It would have been nice to vote an
entire new board of directors whom would act in the best interest of
shareholders instead of bilking the company dry, declaring bankruptcy and
getting re-issued stock options in the new company.  The only losers under the
current system seem to be the powerless shareholders and trusting employees of
this corrupt and skewed system.  I would also like to see each director’s
compensation also voted upon by shareholders, instead of a compensation package.
For a few hours of work every year its seems they are, in general, OVERPAID.