Author:  timhahn@cisco.com (Tim Hahn) 
Date:    03/23/2000  1:32 PM

Subject: Proposed Regulation FD
 
     
I can think of no reasonable justification why a smaller portion of a 
public company's investors is entitled to advance knowledge regarding a 
company's performance.   In fact, the current practice smacks of the 
scene in "Trading Places" whereby a copy of a supposedly public crop 
report is sold to some options traders in advance of public release,
     
While a properly implemented fair disclosure law would undoubtedly 
cause some adjustment by those parasites that depend upon advance 
information, the overall market would become more efficient if the 
risks and rewards of investing were the same for every investor.