From: grapevineglobal@netscape.net [mailto:grapevineglobal@netscape.net]
Sent: Friday, July 26, 2002 9:26 AM
To: marketreg@sec.gov
Cc: pitth@sec.gob
Subject: OTC short selling- MM manipulation


To The Sec: 

I  would like to offer my full support to the initiative of 
having Market Makers involved in the OTC:BB arena 
report the short positions they maintain in stocks 
they trade. I applaud the SEC for taking this action, 
and would encourage even more regulation of Market 
Maker conduct in the OTC:BB. Too many people and 
companies have been hurt by the out and out Economic 
Terrorism that has been perpetrated by allowing the 
manipulation of OTC stocks by market makers....if we yield 
to one manner of Economic Terrorism, we will indeed be 
vulnerable to all kinds, up to and including that of 
International Terrorism, be it on the part of the Al Quaeda, 
the Mafia or anything else. There is no reason the OTC:BB 
cannot be structured like a Nasdaq for micro-cap and 
development stage companies. A well lit, clean and transparent
forum for trading stocks. Myself, my family, as well
as friends have lost literally hundreds of thousands
of dollars not only in manipulated equities, but 401k programs 
and resulting loss of employment as well.  Much of this we 
attribute to MM criminal manipulation and short selling.  
Nobody seems to care what they do and the World is looking 
to you to rescue it from the collapse suffered thus far at 
the hands of corruption throughout the free market system. 
If this kind of graft and corruption is permitted to continue, 
we will no longer HAVE a free market system...perhaps it is 
already too late...perhaps not...the fate of the free market 
economy is up to you...you can either restore investor faith 
and confidence in the credibility of the market or abandon it 
forever after to the control of the Terrorists.  I hope you 
are willing to take up the gantlet, rescue the Maiden [the 
investing public] and become the hero you can be.   

Sincerely,

Marnie Delano



__________________________________________________________________
Your favorite stores, helpful shopping tools and great gift ideas. 
Experience the convenience of buying online with Shop@Netscape! 
http://shopnow.netscape.com/

Get your own FREE, personal Netscape Mail account today at 
http://webmail.netscape.com/