Date:    03/22/2000  10:03 AM

Subject: Proposed Regulation FD

     
March 22, 2000
     
Dear Mr. Levitt:
     
I think it is about time that the SEC expanded the reporting rules to 
level the investment playing field. With the advent of the Internet and 
the tremendous increase in the speed that information travels today, it 
is imperative that the good-old-boy network of only disseminating 
information to limited parties be modified for the good of the public. 
The existing status quo does not lend itself well to the information 
revolution, but only serves entrenched old school investment companies.
     
I am also amused by Mr. Stuart Kaswell's comments that - "we are 
concerned the proposal will end up restricting the flow of information 
rather than encouraging it by imposing detailed rules on companies, 
investors and analysts." - how so. I am a CPA and back in the 1980's 
when I worked for a large public accounting firm, I was intimately 
involved with registration statements and other SEC required reporting 
statements. As you know, these documents are by their nature, detailed 
and subject to numerous rules and regulations. Public companies should 
already be comfortable with public reporting requirements. How can 
opening up the reporting of current information to all parties, 
"restrict the flow of information"? I don't buy the statement.
     
In my opionion, the SEC is moving in exactly the right direction. The 
more information on a timely basis to all parties the better.
     
Sincerely,
     
     
Dale A. Godges