Date:    12/16/1999  5:52 PM
Subject: comment on Proposed Regulation FD

To whom it may concern:
     
I am a graduate student at Stanford University.  I manage my family's 
retirement accounts and invest in US stocks.  I want to let you know that 
I am in favor of your Regulation Fair Disclosure.  The current way Wall 
Street analysts are able to get PUBLICLY traded companies' information 
while the general PUBLIC can not (or is delayed in getting the 
information) makes for a relationship far too cozy (between the companies 
and the analysts).  This can lead to all sorts of ways for the 
corporations and analysts to make money AT THE PUBLIC'S EXPENSE.  
     
As one recent example, Hewlett-Packard released some earnings warnings to 
analysts.  As a shareholder of this company, I had the right to hear it at 
the same time other shareholders did.  I watched in mystery as the stock 
price plummeted on no news. 
     
Thank you for doing a good job.  Keep it up!
     
Sincerely,
Sean Lev-Tov
     
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Sean Lev-Tov                                                (650) 725-7396 
306 Packard                                             FAX (650) 723-9251 
350 Serra Mall                                    sjlt@leland.stanford.edu 
Stanford, CA 94305-9515                      http://www.stanford.edu/~sjlt 
U.S.A.                               http://www-star.stanford.edu/~lev_tov 
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