Subject: ATT:Jonathan Katz, File # S7-25-97 Date: 11/30/97 5:55 PM It seems to me that the current regulations allowing for minority stock-holder resolutions is a good one. I seldom vote in favor of such resolutions, myself, usually heeding the corporations' rebuttals. However, on one or two occasions, I have been swayed by a resolution and welcomed the opportunity to "send a message" to management. The current procedures, requiring increasing support each year, seem quite enlightened. Robert E. Kohn Professor Emeritus of Economics Southern Illinois University at Edwardsville