Date: 1/5/98 1:50 PM Subject: opposition to rule S7-25-97 (the stockholder gag rule) Dear Arthur Levitt, Securities and Exchange Commission, It has come to my attention that a rule (S7-25-97) that would prevent many stockholder initiatives from being deliberated and voted upon at open stockholder meetings is being considered by the Securities and Exchange Commission. It is my understanding that this proposed rule would prevent many motions and information on issues including fair employment practices (such as sex and race discrimination and harassment) from being brought to stockholders' attention. The rule would also prevent questions on gender balancing boards, the use of child labor, and other ways that employees, investors and customers force corporations to clean up their acts when they have refused to act on their own. I am opposed to outlawing stockholder motions, especially those that would affect women. I realize that many shareholders do not even read the information that comes with the proxies, but I believe that those who own a share in a company should have the ability to review and discuss all information about the company and make their views known to the management that works for them. Shareholders should have the ability to make motions and supply information on issues affecting how their company is run, otherwise the only choice shareholders have is to sell their stock. This does not usually affect the company unless a great number of shareholders take this action. There needs to be more ways that shareholders can make their views known, not less. I also would like to see a way that shareholder's permission is given before political donations are given or large amounts of money are spent on lobbying the Congress. At least the shareholders should be notified of the amounts that are spent on political donations and lobbying, and to whom and for what purpose. Sincerely, Dana Thompson 23060 Evergreen Ln. Los Gatos, CA 95030