Author:  "Kenneth Mitchell" 
Date:    12/21/1999  5:31 PM

Subject: Proposal S7-24-99
Dear Sirs:
     
I am writing in regards to the proposed law concerning the short selling 
of OTCBB stocks (Proposal  # S7-24-99).
     
As a veteran investor, it is my belief that the naked shorting of OTCBB 
stocks should be eliminated.
     
 I concur that the abolition of naked shorting coupled with full
reporting requirements will ensure a fair and equitable market for 
investors and companies alike, and will help ensure that a company's 
true value is reflected in the price and not distorted, suppressed or 
inflated artificially by manipulation.
     
Thank you.