Magellan Technology, Inc.

13526 South 110 west

Draper, Utah 84020


Jonathan G. Kratz

Secretary, Securities Exchange Commission

Mail Stop 6-9

450 Fifth Street, N.W.

Washington, D.C.

April 6, 1999

Dear Mr. Kratz:

I am writing to voice my strong opposition to the proposed amendments to Rule 15c2-11, the rule that governs quoting of our companies stock on the NASD OTC Bulletin Board and the Pink Sheets.

I strongly oppose File No. S7-5-99. I feel the passage of this amendment to the above stated rule would take away a vital link for emerging companies to many of the capital markets and greatly diminish our ability to grow and flourish as a fledgling company. In addition, our ability to offer stock options and by so doing, retain qualified employees would be greatly diminished and probably extinguished.

Again, I am opposed to File No. S7-5-99 and to any changing of rule 15c2-11. If there is anything we can do to show our concern, please let us know.

Thank You,

Douglas M. Angus

Vice-President and CFO

Magellan Technology, Inc.

Reed E. Steiner

Corporate Controller

Magellan Technology, Inc.