Date:    06/25/2000  11:11 PM

Subject: limit naked short-selling/MM manipulation

Sirs, I didn't write it but absolutely couldn't agree more with the writer 
I've pasted (with permission) below my letter. I have the majority of my 
portfolio in penny stocks and I've seen enough MM manipulation and abuse to 
permently turn one's stomach. I strongly endorse and encourage any 
new/additional, restraints/intervention/government regulation(s) which you 
might deem as appropriate to be placed on Market Makers of of OTCBB stocks.
     
Thank you. Please and Thank you,     David Small
     
the other guy wrote:
     
     I feel that some degree of government intervention needs to occur
whenever, like here, a small group or class of people or companies can 
almost completely control the effect that a market has on another group or 
class of people. While not a monopoly, there are monopoly-like power and 
effects that are occurring.
     
Who gets hurt here? If you limit naked short-selling, the market makers will 
still make money. If you don't the individual investor will indeed get hurt 
and the penny stock market will not recover soon, hence new companies will 
find it hard to capitalize and new ideas and technologies will flounder, 
hurting our country and humanity. The bold individual will be hurt. There 
are few frontiers left for us. Don't destroy this one. We are a country of 
pioneers. Please don't allow this one of a few last strongholds of the 
pioneer spirit to die.