Date: 05/18/2000 10:55 AM Subject: Proposed Regulation FD: File No. S7-31-99 As an individual investor, I feel in would be criminal for the SEC to allow companies to disclose information to a select few, and not make that information available to the public. I feel that the balance of power in investing, is already in the hands of the selective few as seen in conference calls with Wall Street powerhouse firms, prioe to earnings announcements. Please do not let these abuses continue, and help level the playing field. Sincerely, Kevin James Cafferky KJC Financial Services