From: john lipsius [johnlipsius@yahoo.com]
Sent: Monday, August 11, 2003 3:05 PM
To: rule-comments@sec.gov
Subject: S7-14-03

To the SEC:


I encourage you to support the rule, but also remind you that this 
is only the first step toward opening up the boardrooms of 
corporate America.


1) "Until shareholders are able to nominate board members directly 
    and put their candidates on corporate ballots, managers and 
    board members will exert tight control over the process to the 
    detriment of investors."  
             - Carrie Johnson
               "SEC Votes to Propose Director Rules"
               Washington Post Staff Writer
               Thursday, August 7, 2003; Page E03 


2) the rules "will do nothing to solve the problem of unresponsive 
    boards of directors."
                            -Gerald W. McEntee, 
    international president of the American Federation of State, 
    County and Municipal Employees


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