From: James Patterson [mo2514@worldnet.att.net]
Sent: Tuesday, December 10, 2002 12:01 PM
To: rule-comments@sec.gov
Subject: Proxies (s7-36-02)

In the passing months discontent of actions in the general market has every
one I know unhappy. As I have dwelled on things it seems we, as owners have
failed to voice concerns in ways forceful enough. Proxies I have voted have
been at odds with companies of the street held stocks I own. Living out in
the country a tad. I don't get all the papers and so on with headlines to
lead me to current affairs. Media is so tainted it's hard to watch by my
view point.  By chance, I picked up a paper that had comments by someone who
had raised this issue of proxies. By the time I finished reading it I was
irate with my self. It then dawned on me, the biggest influence in market
shares are held by institutions like the four I have. All doing terrible and
seem to offer only weak reasons why. How do they vote? I've learned is not
for public review. No law, no means of light on what is at best a Rx for
abuse. That has lead me to write to add my voice to this issue. How to do
this is yet to be worked out. There are funds that do disclose information.
In a world we live in nothing is that hard.  One thing is obvious to me,
changes will only bring health to a market in need of fresh reason to be
trusted. Disclose or close up shop and move on.

Sincerely James B Patterson
              mo2514@att.net
            12609 Northern
            Liberty, MO. 64068