Subject: File No. S7-25-97 Date: 11/8/97 11:25 AM To: rule-comments@sec.gov Dear sir or madam: In agreement with Tim Smith of Interfaith and FOE, as an American shareholder I urge you not to go ahead with the proposed new restrictions on shareholder proposals. Regards, Thomas Ruddy *************************************************************** POB 2371, 72013 Tuebingen, Germany E-mail: ruddyconsult@gn.apc.org; 71301.3153@compuserve.com Ref.project: http://www.arq.co.uk/ethicalbusiness/frsrc/s_eu.htm ****************************************************************