Date:    12/17/1999  5:58 AM
Subject: SEC proposals to eliminate selective  disclosure

Sir/Madam,
     
        I am writing only to applaud recent SEC moves to end the practice
of selective disclosure of information on publicly traded companies by 
encouraging said companies to use the Internet and to open conference calls 
to a much wider public than is currently given access. I am an individual 
American stockholder representing no one but myself. I have seen first-hand 
how the conference call has been used to discriminate against individual 
investors by disclosing material information to a small, preselected group 
of analysts, most of whom ultimately feel pressured to boost their ratings 
in return for early access to the news. Regards, Peter B. de Selding