Date: 12/17/1999 9:42 AM Subject: Proposed Regulation FD Just a note to let you know that I am in favor of public disclosure of information and NOT selective disclosure. Selective disclosure undermines the markets and ensures superiority of a select and non-deserving group of institutional investors who already command too much control and profit from the market. Again, bravo to you for levelling the playing field! Happy Holidays!!! Sincerely, Paul Reed Bailey, MD, FACEP