Date:    05/09/2000  1:42 PM

Subject: Proposed Regulation FD: File No. S7-31-99

It is nonsensical for Wall Street analysts to have exclusive access to 
information. In their dogged pursuit of truth, they seem only able to 
find nice things to say about the companies they follow, i.e. "buy" or 
"hold".
     
Peter L. Schaeffer
PO Box 2190
Amagansett, NY 11930