Date:    01/09/2000  5:40 PM

Subject: Proposed regulation FD

I wholeheartedly endorse your efforts to curb the practice of selective 
disclosure by publicly owned companies.  I am only a small individual 
with limited funds invested in the stock market, however, those funds 
are as important to me as  the millions are to the large investors and 
the institutional investors.  For that reason I firmly believe I am 
entitled to the same timely disclosure of important financial 
information as the large investor.  Protecting my investment is as 
important to me as protecting theirs is to them.
     
    I would suggest that a company be required to make all initial
disclosures of material information  through a public press release, 
which could be followed up at least one day later, if deemed necessary, 
by a conference call or analysts' meeting.  Of course, unless otherwise 
required, a company could choose to make no disclosures.  I do not 
believe SEC filings would be adequate since the general public does not 
monitor such filings as a matter of daily routine.  Information through 
filings is delayed in getting to the individual investor.   However, an 
SEC filing should be required as a follow up to any press release of 
material financial information occurring between routine quarterly or 
annual filings.  This proposal places no greater burden on the public 
company than currently exists.  It only affects the timing and method of 
 the information  release.
     
    I do not accept the proposition that information flow would be
restricted under such a proposal.
     
William L. Major
Whispering Pines, NC 28327