Date: 1/5/98 2:25 PM Subject: Oppose rule S7-25-97 To: Arthur Levitt, SEC Dear Mr. Levitt: I urge you to oppose proposed rule S7-25-97, the so-called stockholder gag rule. Stockholder initiatives have been a welcome addition to open meetings. Surely employment practices are a proper subject of such initiatives. Gag rules are bad public policy. I don't think it is the function or duty of the SEC to protect corporate Boards of Directors' decisions about policy questions, when the questions are asked by the stockholders. Sincerely, MARY B. BALLARD Wayne PA 19087-4815