Date:    03/22/2000  9:14 AM

Subject: Proposed Regulation FD

Dear Sir/Maam,
     
I am strongly in favor of the propsed regulation requiring full disclosure. 
There is no reasonble basis for allowing publicly traded companies to release 
important information only to a select few.  The unrestricted flow of 
information is one of the cornerstones of the markets and American society. 
Severely limiting access to data that affects millions of investors strikes at 
the ideas of fairness and equality.
     
While there are shrill arguments that the current analysts would find themselves
in soup kitchens if the proposed rule is adopted, competent analysts should 
still be able to employ themselves gainfully. Tracking even a single market 
sector is a full time job.  Full disclosure means that analysts will have to 
earn their keep by providing meaningful analysis of the various companies 
instead of simply being the first people allowed access to information that 
helps determine stock price.  In the long run, this can only be a beneficial 
change.
     
Very respectfully,
Philip Kapusta