Subject: In opposition to proposed rules S7-25-97
Author:  Amy Katherine DeFalco Lippert 
Date:    12/1/97 12:25 AM
     
     
Jonathan Katz, Secretary
Securities and Exchange Commission
     
Mr. Katz:
     
I am a concerned shareholder representing a modest amount of my 
hard-earned savings from a part-time job which I have tried to hold down 
in addition to my position as a full-time college student at UC Berkeley. 
     
     
I am completely opposed to the SEC's new proposed rules (S7-25-97). 
These rules destroy the ability of almost all shareholders to 
participate in a responsible shareholder resolution process.
     
Shareholders have an enormous financial interest in addressing a diverse 
range of issues with the companies they own.  When companies fail to 
address their governance, environmental or social impact problems, 
shareholders suffer.  Corporate mismanagement of these issues can 
seriously effect a company's reputation and bottom line.
     
Stop these rules from going forward.  Reverse Crakcer Barrel but allow 
the existing rules to stand or develop rules that will better protect 
shareholder rights.
     
Sincerely,
     
Amy Katherine D. Lippert