RICHARD DFrom: Richard D. Salyer [salyer@infi.net]
Sent: Monday, June 17, 2002 12:31 PM
To: rule-comments@sec.gov
Cc: Daniel P. Burnham; John W. Kapples; Timothy C. Oliver; James E. Schuster
Subject: File No. S7-09-02 - Proposed Rule: Form 8-K Disclosure of Certain 
Management Transactions


RICHARD D. SALYER
Rt. 1, Box 5 B. D. ~ 1892 SW  Adams Road ~ TOWANDA, KANSAS   67144-9199
Home Phone 316-541-2764


June 17, 2002

I support all efforts by the SEC to require full and complete disclosure, on 
a timely basis, of company directors' and executive officers' transactions 
in company equity securities, directors' and executive officers' compensation 
packages, and director's and executive officers' loan transactions with the 
company.

I am a Raytheon Company employee, and have requested, two (2) months ago 
(April 10, 2002), certain loan information from the company secretary. My 
communication and request has been ignored.  

I would request that the loan information include the principal amount, 
interest rate, security, payment terms, any amount in arrears, and debt forgiven.  
It is my belief all loan information, regardless of dollar amount, be included.  
With todays executive compensation packages, it should be unnecessary to burden 
stockholders with loans to executives in an amount less than $10,000.  Perhaps 
full disclosure will be inducement to eliminate this practice.

Further, I would like the requirement regarding executive compensation to be 
broadened to include full disclosure of all directors' and executive officers' 
perquisites, to include personal use of company aircraft, boat, automobile, and 
retreat or vacation property.

Unfortunately, the few unscrupulous and unethical executives in our midst make 
such rulemaking necessary to protect the small investor, and restore confidence 
in the market that the elite in the boardrooms are to serve the best interest of 
the shareholder, not the shareholder serve the best interest of the directors' 
and executive officers'.

Thank you!

Best regards,

Richard D. Salyer