Date: 1/5/98 1:05 PM Subject: rule S7-25-97 (stockholder gag rule) Dear Mr. Levitt: I am writing to express my opposition to the "stockholder gag bill." I believe it is very important to have open stockholder meetings. I say this from various perspectives: 1. professor (I have taught business law &/or taxation for 11 years now). 2. licensed CPA (Syracuse University acctg degree 1974). 3. licensed atty (Syracuse University College of Law -- JD 1984 and Georgetown University Law Center -- LLM(Tax) 1988). 4. shareholder (my retirement is all in TIAA-CREF and most of that is in the stock market). 5. and finally, from my perspective as a woman in this society (we are almost always under-represented in Boards of Directors etc; holding open stockholder meetings at least gives us a theoretical chance to be heard). I thank you for your time and attention. I urge you to keep stockholder meetings "open." Very truly yours, Prof. Faye Bradwick, CPA, JD, LLM-Tax IUP - Indiana University of PA Eberly College of Business 421 ECOB - Accounting Dept Indiana PA 15705-1087 PS to Mr. Levitt: I believe I attended one semester of law school at Syracuse (Fall 1981) with your daughter, Laurie Levitt. I remember she was very interested in dance (Twyla Tharp etc). I always wondered what she did when she left law school. Please send her my regards. Faye Bradwick