Author:  Lisa Rothman <lrothman@well.com> at Internet 
Date:    11/24/97 11:07 AM
     
     
Dear Chairman Levitt:
     
I am writing to voice my strenuous objection to the SEC's new proposed 
rules (S7 25-97).  If adopted, these rules will all but destroy the 
rights of American shareholders.
     
Please use all your power to stop these proposed rules from going 
forward.  Either let the existing rules stand or develop new rules that 
better protect shareholders.  American shareholders like me are counting 
on you to safeguard our rights.  Don't let these proposed rules be 
another set of regulations from Washington that favor big business.
     
I applaud the SEC for reversing its Cracker Barrel Decision.  But the new 
SEC rules have retained and strengthened the anti-shareholder policy of 
the original decision.  Reverse Cracker Barrel, but don't let the rest of 
the proposed rules go forward.
     
Mr. Levitt, don't take away shareholder rights.  Please leave a legacy of 
upholding the rights of American shareholders.  Avoid a firestorm over 
this issue.  Stop the SEC's proposed rules from going forward.
     
Sincerely,
     
Lisa Rothman