Author:  forester wood 
Date:    03/22/2000  7:35 AM

Subject: selective disclosure

As a small, individual investor I am in favor of the 
proposed new rule relative to selective disclosure and 
insider trading.  If these are "publicly traded 
companies" then their information should be "public" 
and not going to a select few who use the information 
to better their own financial situation and/or 
reputation or those of their special clients.
     
As an individual I have to work hard to raise capital 
to invest and keeping up with the financial news on my 
investments comes after a day's work so I usually am 
way behind those who can devote full time to watching 
companies.  Even with full public disclosure they will
always have a distinct advantage over people like myself.