Date:    03/21/2000  10:40 PM

Subject: Selective non disclosure

Handmaiden to selective non disclosure is the widespread practice of 
requesting confidentiality in S.E.C. filings.  This is done under the 
guise of needing to maintain confidentiality for competitive purposes. 
When challenged to explain why  or how disclosure will impact 
competitiveness companies often simply claim non disclosure is industry 
practice.
     
Without an inordinate degree of non necessary confidentiality, selective 
disclosure becomes more difficult.  If companies are required to 
disclose 90% of what they now easily hide from the public, selective 
disclosure will be greatly reduced and those cases that remain will be 
easier to track, having greater import.
     
If the S.E.C. refuses more request for confidentiality it will have 
taken an important step to reducing selective disclosure, which cannot 
thrive if there are fewer secrets to begin with.
     
George Wohanka
1019 Cascade Place
Claremont Ca. 91711