Subject: Message from Bruce Hollander


Date:    4/7/99 12:22 PM
     
     
April 7, 1999
     
Jonathan G. Katz
Secretary, SEC
     
     
Ref.: File No. S7-5-99
     
Dear Mr. Katz:
     
As a small company that has been a fully reporting company since 1987, 
the changes to rule 15c-211 will significantly hurt my company.  I urge 
you to reconsider and leave 15c-211 the way it is.
     
Sincerely,
     
     
Bruce L. Hollander
President & CEO