Subject: File No. S7-25-97 Stockholder Resolutions
 
Date:    11/21/97 10:51 AM
     
     
     
ATTN:  Jonathan Katz
     
Mr. Katz:
I oppose the proposed SEC rules which will raise the submission 
thresholds for minority stockholder resolutions. 
     
Common stockholders are the "owners" of corporate businesses, and as such 
they should be *encouraged* to take an interest in the businesses they 
own.  These rules discourage participation and seem to be a blatant 
attempt to further insulate management from being held accountable for 
their actions.  This is an attack on fundamental shareholder rights, and 
is unacceptable.
     
I thought the SEC was supposed to be the protector of shareholder rights, 
not the attack dog of the corporate interests.  What am I missing?
     
Thanks for your consideration.
     
Mike Finch
     
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Dr. Mike Finch
Department of Accounting and Finance 
College of Business
Austin Peay State University
Clarksville, TN 37043
(615) 648-7565
     
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