From: John Detwiler [john_detwiler@credence.com]
Sent: Wednesday, April 24, 2002 7:38 PM
To: rule-comments@sec.gov
Subject: File No. S7-08-02

TO: Jonathan G. Katz, Secretary, Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549.

REGARDING: Acceleration of Periodic Report Filing Dates

The acceleration of 10-Q reporting is probably almost practical.

However, the ability of many public companies to finalize audits and
then complete the Form 10-K in 60 days is probably not practical.  Our
Company has seen the Form 10-K grow from 58 pages in 1999 to 67 pages in
2000 to 87 pages in 2001 (a 30% annual growth rate) No doubt it will get
longer in 2002.  It will be a hardship on many companies to ask them to
file a document of this magnitude in the few days that will be available
after the audit is typically completed.

John Detwiler
SVP & CFO
Credence Systems Corporation