Date: 03/21/2000 3:20 PM Subject: Proposed Regulation FD Classification: UNCLASSIFIED Gentlemen: Brokerage houses use selected disclosure to increase their profits. Their analysts do not have to do intensive investigation to determine their recommendations. The big money houses can manipulate stock prices for their clients. The stock market must maintain a level field. As an individual investor, I can find the time and investigative tools to prosper in the market. I work full time outside of the stock market. My extra time to investigate is very minimal. I am able, however, to maintain returns much higher than the "professional" stock analysts who are paid by their company to do nothing butt analyze. It's not ethical to divulge information to only a select group. It is, in my opinion, exactly the same as insider trading but on a much larger scale. I urge you to adopt the proposed regulation FD immediately and provide extremely high fines, not only for the companies who disclose, but also the brokerages who receive the "insider" information. Not to do so will give the appearance of collusion and corruption. The SEC is to protect all, not just select large brokers. Respectfully submitted. Ron Eisenberg