Date: 12/17/1999 9:42 AM Subject: Proposed Regulation FD Dear Mr. Levitt: As an individual investor, I applaud the SEC for undertaking the initiative to curtail the unfair practice of selective disclosure of information by public companies. This practice runs contrary to the open flow of public information that has proven instrumental for ensuring the strength and integrity of our free-market capitalistic system. The time for leveling the playing field for all participants in the American dream of financial opportunity and successful investing is long past due. Sincerely, Dr. Hylan C. Moises Professor of Physiology, University of Michigan