Subject: File No. S7-5-99 Date: 4/6/99 9:40 AM Dear Sir/Madam, I am sending this e-mail to advise of my strong opposition to Rule 15c2-11. I believe that this rule would be a disastrous move on the part of the SEC. This amendment would hurt a large group of small public companies who are providing a large number of new jobs. It will have a negative impact on our economy. Sincerely, Warren Ruderman Chairman of the Board INRAD, Inc.