Subject: File No. S7-25-97
Author:  Michael Connolly 
Date:    11/26/97 10:12 AM
     
     
I am a small shareholder in a number of corporations.  Although I have 
never filed a shareholder petition, I strongly believe in the need to keep 
corporations responsive to shareholders and to the public interest. 
     
I do NOT support the drastic narrowing of the rights of small shareholders 
which the new rules promise.
     
The current procedure, requiring a petition to achieve 3% on the first 
ballot to be reintroduced, and then 6% and 10% in subsequent years is quite 
sufficient to prevent trivialization and abuse.
     
Michael Connolly
21 Chauncy Street, #34
Cambrdige, MA 02138