Date: 03/22/2000 2:31 PM Subject: Proposed Regulation FD Gentlemen and ladies, I am delighted that publicly-traded, publicly-held businesses would be required to avoid "even the appearance" of insider trading or investor fraud under, what I hope will be, substantial legal consequences. Whispering a "minor news item" into the shell-like ear of one reporter or other interested party, lends itself to easily to the interpretation of favoring the few to the detriment of the remaining owners of the business, i.e. the other shareholders. I find it difficult that any shareholder should have access to information cocerning the business not equally available to all owners of the business. Further, I think such access should be equally easy to achieve and timely to all shareholders. I very sincerely hope that such regulation, with penalties sufficient (or a little more) to insure compliance therewith, is speedily enacted and enforced. Thank you for your time spent in reading my opinion. Sincerely yours, Jacque T. Wells