Date:    1/5/98  6:00 PM
Subject: s7-25-97

Mr. Arthur Levitt, Chairman
Securities and Exchange Commission
450 Fifth Street NW
Washington, DC 20549
     
Dear Mr. Chairman:
     
I am an investment adviser who managing trusts, IRAs, profit sharing 
plans, etc., for clients.   I registered with the SEC in the mid-1980's 
and am currently registered with the State of Maine. My clients are long 
term investors, not traders.
     
We  believe very strongly in the existing rules for Shareholders to 
submit and resubmit proposals to companies in which we own shares, our 
ideas and concerns.  The proposed changes in SEC re-submission rules 
would take away  a useful and corrective process  to bring important 
issues to the attention of other shareholders.
     
The benefits are tremendous. We firmly believe that this shareholder 
resolution process has improved corporate accountability at the same 
time that it has let U.S. firms continue to lead the economic world.  
     
We believe that large institutional investors who only look at the next 
quarter's bottom line can hurt US firms but that long term shareholders 
such as ourselves, provide stable and important capital to the equity 
markets.  We need the existing rules for shareholders and sincerely ask 
you to not carry out the proposed rule changes that are much more 
beneficial than the SEC may realize.
     
Thank you for your consideration in reading this comment.
     
Sincerely,
     
     
Fritz Weidner
Investment Adviser, registered in Maine
     
Celebrating our Twelfth Year, managing for ethical shareholders.
     
780 East Main Street
East Vassalboro, Maine 04935-0108