From: Kmktrader@aol.com Sent: Thursday, September 11, 2003 5:26 PM To: rule-comments@sec.gov Subject: SR-BSE-2002-15 Dear Mr. Katz: I am writing in support of the BOX application and request that the S.E.C. approve it as soon as possible. BOX is a unique opportunity for customers, broker dealers, and market makers to receive fast, simple, cost effective and unrestricted access to execute their options business. BOX does not discriminate not does it discourage entry into the system. It in fact, encourages all participants regardless of what particular types of business they are looking to execute. All orders are live, and accessible to all participants. The multiple market maker system, encourages competition and will result in more liquidity, better prices and smaller spreads. BOX features a unique mini-auction which will allow orders an opportunity to be price improved rather than executed at the NBBO as they are filled on other Exchanges. This mini-auction is fast and totally automated and will enable customer to receive improved prices. This system will allow its customers the opportunity for better prices at lower costs. Isn't that what it's all about? This is what the Commission should focus on and not how its competitors and opponents are trying to discourage a better way to do business. Once again, I urge you to approve the proposal as soon as possible. Sincerely, Kenneth M. King President K & S Inc. Member Boston Stock Exchange