From: nlpine [nlpine@comcast.net]
Sent: Tuesday, March 30, 2004 9:24 PM
To: rule-comments@sec.gov
Subject: S7-19-03

I am writing in regard to your proposed rule regarding Security Holder Director 
Nominations.
 
For large companies to claim that this proposed ruling somehow destroys company 
control, or will allow a single shareholder to disrupt proceedings is nonsense. 
The vast majority of company stock is usually in the hands of large banking 
corporations, or else in the hands of friendly stockholders. All this ruling 
does is allow small shareholders to recognize what other powers are at war 
within the corporation; if anything, it allows people access to more information 
regarding the company they have invested in.
 
Access to information. That's what the proposed rule is about. And the next time 
Enron, or World-Com, or Tyco, or Adelphia, or any of the other companies tell 
you that letting the stockholders know the truth will lead to the downfall of 
the capitalist system (or whatever claim they're making now), you can assure 
them that a knowledgeable stockholder is a better stockholder.
 
I hope you will decide in favor of this proposed rule.
 
Thank you.
 
Nancy L. Pine.