Date:    1/5/98  12:42 PM
Subject: S7-25-97
     
Arthur Levitt
Securities and Exchange Commission
450 5th Street, NW
Washington, DC  20549
     
Dear Mr. Levitt:
     
I am opposed to rule S7-25-97 (the stockholder gag rule).
     
Stockholders are owners and have a fiduciary responsibility and a need to know 
what is going on in the companies in which they own stock.
     
This gag rule would be a suspect move to keep stockholders in the dark about 
the activities of the employees who manage their companies.
     
I would not want to own stock in a company that was able to hide it's 
activities from me. A company that withholds information does not instill 
trust.
     
Sincerely,
     
Dana M. Pearl
2129 Ridge Avenue
Evanston, IL  60201