Date: 09/16/1999 7:32 PM Subject: Proposed Regulation FD I wholeheartedly agree with Proposed Regulation FD, and I cannot believe that this is not the law now (not rules). I also want to say that I am not against forward-looking information as long as everyone has access to it (like a press release, SEC filing, or on a conference call). There have been many times I have seen a stock suddenly go down 10, 15, or 20 percent, and I wonder what is wrong here (why is the stock down on no news)? Then, after 4 p.m. or before 9 a.m. the next day or whenever, a news agency release about some analyst or a press release appears that the company will miss revenue and/or earnings targets. Gee, how lucky for "some people". I want Proposed Regulation FD to target these lucky "some people". However, I want Proposed Regulation FD to target communication of missed revenue and/or earnings targets, not that the company missed revenue and/or earnings targets (though this should not be completely dismissed). Lastly, try to depend more on press releases and SEC filings than on conference calls because the press releases and SEC filings are text based, easily searched, and do not depend on reliable internet connections. Mike Overholt