Date: 12/16/1999 5:20 PM Subject: Proposed regulation FD Full disclosure is important to the investing community. If selected analysts and large investors can receive material information about a company without full disclosure, i lose confidence in the market. Even the appearance of this practice destroys confidence. Example: Today (16 dec 99), two of my stocks dropped over 5%. In each case, the Reuters news service reported a large block trade with a significant downtick. The stocks were RAL and IP, neither of which are Internet high-fliers. i KNOW that private calls to analysts can and do occur. i do not know if any such calls were made today, or if RAL or IP ever make such calls. The point: i CANNOT KNOW if calls were made. Thus, i lose confidence in the honesty of the market. Please implement Regulation FD as soon as possible Thank you, art polansky