Date:    12/15/1999  3:35 PM


To SEC Representatives,
RE:  File No. S7-24-99
     
     
  I read about the recent proposal of the 
Shorting Rules to the OTC:BB exchange stocks.
     I do believe the biggest threat to the OTC BB market is the
outrageous stock price manipulation by most market makers and  foreign 
firms.                        
    Illegal shorting has been, in my opinion, the biggest frauds I
have ever witnessed, being a small investor,  I am affected by the 
otcbb stock market. I have watched my own holdings drop as much as 5% 
on one small sell and the sell was so small it leads me to believe 
that one market maker was selling to another to set a signal to lower 
the price. Even with good PR and financials the stocks fall.  
    Furthermore penny stocks that are KNOWN shells rise for no reason
with  NO volume. Being that I invest only with solid companies, I 
don't reap the benefits of this sort of manipulation, nor do I want to 
contribute to the fraud.
     Something should also be done about bashers on the stock boards
also. These people say that they have no interest but come on and 
spread lies about a company. I feel they may work for market makers. 
It's time to clean up the OTCBB market makers as well as the OTCBB 
stocks. 
    Let's start playing fair. The SEC should seek regulations to
regulate short sales in this market sector.
     
     
                                     Sincerely,
                                Jeanette Edwards