Date: 04/17/2000 10:26 PM Subject: Proposed Regulation FD: File No. S7-31-99 Dear Sirs/Madams, I am currently a business student and deeply concerned with the propsition S7-31-99. I greatly oppose the proposition for the simple reason that we live in a regulated economy with rules set to protect all. Businesses releasing important information to a select few and not potential investors is business on the sly. Dave Mitchell