Date:    1/5/98  3:12 PM
Subject: s7-25-97

I write to express strong opposition to the proposed rule S7-25-97, the 
"Stockholder Gag Rule."  This rule undermines any fairness and openness 
in the economic market. Stockholders, among which are myself and more 
and more individuals every day, have a right and a need to know about 
the performance of the companies in which we invest in the areas of 
fair employment practices, board composition, use of child labor, etc. 
For many of us, these are key aspects of our investment choices. You 
must not muzzle or censor  stockholder initiatives to explore these 
issues in the key arena of stockholder meetings.  The impact of this 
rule could be massive disinvestment by those of us who care how 
companies treat women, people of color, children and others affected by 
discriminatory employment practices. The marketplace must be as open as 
possible.
-- 
Nancy M. Ryan
Cambridge Women's Commission
51 Inman St., Cambridge, MA 02139
Tel: 617-349-4697  Fax: 617-349-4766 
email: nryan@ci.cambridge.ma.us