Subject: Shareholder Rights - File No.S7-25-97 Date: 12/2/97 10:01 PM Chairman Leavitt: I am a firm believer in democracy. The move to limit the voice of shareholders in their own corporation is contrary to the notion of democracy. The new rules which have been proposed will make it all but impossible for people to have a say in corporations they are investing in. This is a shame and it should not happen. I call upon you to protect democracy and see that this attempt does not succeed. Dan Horowitz danh@gdi.net 340 Hillman Ave. Orlando, FL 32803 (407) 841-2318