From: AlStevsonJ@aol.com
Sent: Monday, March 29, 2004 5:05 PM
To: rule-comments@sec.gov
Subject: Corporate governance (s7-19-03)

   I have been a stockholder in various companies since 1965.  Most of my funds 
are in various stock inverstments.  I urge you to do more to improve corporate 
goverance.  The present rules and even the proposed rules can only be considered 
ridiculous.  To demand a 35% negaative vote to get a board nominee on the ballot 
a year later is absurd.  There needs to be a means for prompt action with a lower 
threshold level.  The commission is abetting the extensive mismanagement and old 
boys network but not setting the standards higher.
Alan Stephenson
11227 Plymouth Ave.
Garafield Hgts, OH 44125