Subject: preserve Shareholder rights! Date: 11/15/97 8:12 PM Dear SEC, I am very concerned about the new proposed regulations (S7-25-97) regarding shareholder resolutions. The process is a powerful tool of democracy and needs to be protected. Shareholder resolutions have played a leading role in establishing democratic government in South Africa and getting companies to take a hard look at pollution, discriminatory hiring practices and sweatshop conditions in overseas factories, etc. Please reconsider these regulations and allow the shareholder resolution process to continue strengthening democracy in America. Sincerely, Allan and Marion Hunt-Badiner 2605 No. Beachwood Dr. L.A., CA 90068