Date:    07/20/2000  12:01 PM

Subject: Proposed Regulation FD: File No. S7-31-99"

It is hard to believe that any question still exists as to whether individual 
investors should have the same timely access to information that the "Pro's" 
do. In the "old days" the dissemination of information was limited by that 
days technological ability to distribute information quickly. The most 
expeditious way to disseminate information was to the "insiders." Today, the 
individual investor has many of the same tools (access) as the so called 
professionals. Let's do our best to provide a level playing field for all 
investors (professional and part timers alike) and mandate equality of access.
     
Thank You
     
Tom Kenny
Part time investor
Troy, Michigan