From: Bill Mahan [wamassoc@cox.net]
Sent: Monday, March 29, 2004 10:34 PM
To: rule-comments@sec.gov
Subject: S7-19-03

One small voice to suggest that if investor nominees are allowed on corporate
boards, chaos will reign, and our capitalistic system that has been so
successful could collapse.  The unfortunate examples of Enron, Tyco and a few
others do not represent the vast majority of well managed corporations with
conscientious officers and directors struggling to do their best with Sarbanes-
Oxley and all of the myriad complex accounting regulations to interpret.
Electing Aunt Maude to the board will only exasperate the process.

 

Thanks for giving me a chance to make my opinion known.

 

Signed,

 

William A. Mahan

 

A CPA and former CFO of public companies

who has chosen to sell real estate because

being a corporate officer is no longer any fun.