Subject: S7-25-97
Date:    11/3/97 1:19 PM
     
     
Dear Sir or Madam,
     
My comments pertain to the proposed rules to change the shareholder 
process (s&-25-97). I am strongly opposed to these rules, which would 
severly limit my rights as a shareholder. I believe that our business 
institutions and our country, and indeed the world, have benefitted from 
shareholder involvement in the past. The progress that has been made in 
South Africa is surely the poster child for these benefits, but there 
have been many other positive changes brough about by the involvement of 
shareholders in corporate policy making. 
     
I believe the rules that govern the shareholder process should be fair, 
reasonable, and responsible. They should allow shareholders to voice 
concerns without impeding managements' ability to run the company. The 
old rules seemed to meet these criteria in most instances. The new rules 
would not meet these criteria. In fact, had the new rules been in place 
during the struggle against Apartheid in South Africa, I doubt that 
shareholders would have been able to exert any influece. 
     
Therefore, I respectfully ask you to withdraw the proposed rules and let 
the original rules stand. If new rules are needed, a new proposal should 
be put forward that guarantees shareholder access. 
     
Thank you for your consideration, Dana Harmon, Oakland, CA.