From: Ms_Mattice@webtv.net
Sent: Tuesday, November 25, 2003 12:15 PM
To: rule-comments@sec.gov
Subject: short selling comments (s7-23-03)


when i first started "investing" in the stock market several years ago,
i was very shocked and upset when i learned about short-selling.  not
just because it is used to take a companys share price and make it go
down significantly; but, because the SEC permits this type of trading. 

short-selling should be stopped asap.  it is not investing in the stock
market, it is a destructive tool used by those who laugh at real
investors.
this is evident when you read the stock message boards at yahoo and
raging bull. short selling causes more problems on these boards than
anything else. the best example that i have seen this year is what
short-sellers did to EELN.  and they "strutted" their victory on the
message boards to ad-nauseum !!  imho  

IS NOT THE STOCK MARKET THERE FOR INVESTORS TO INVEST IN A COMPANY IN
HOPES THAT THE COMPANY WILL SUCCEED ??

now, when i see the markets go up alot over several days, it is evident
in this age we live in that the markets will drop a big amount a few
days later. not just profit taking, but major short-sellers driving
prices down.

you want to see stability in the stock market ?  

you want to stop the huge flucations we see each week in the DOW and
NASDAQ closing prices ??

you want to bring civility, integrity and honesty to our stock markets ?

THEN, MAKE SHORT SELLING ILLEGAL !!

make the american stock markets a place where investors can invest with
confidence that
negative techniques such as short-selling dont exist anymore.

let a stock go up or down by the performance of the company.  

isnt that the way it really is suppose to be ??

thank you for your time