Subject: Comments on File No. S7-24-99,  Release number 34-42037 

Date: 11/28/99  09:37 AM
     
To Whom It may Concern:
      I want to add my voice to the many others insisting you bring order to the
OTC market. You should extend the Short Sales rule to non-Exchange stocks.
     When a company has a small number of outstanding shares, and some brokerage
firms can sell unlimited nonexistent shares, how can market order be established
or maintained? It is unfair to the individual investor. Retail and the market 
makers should be on equal footing.I agree shorting is a good system. But only on
borrowed shares, not naked sells. Please look into this matter, and make a level
playing field for all INVESTORS.I am pleased to see the Security and Exchange 
Commission striving to obtain public opinion concerning short sales.
     
                                              Thank-you

                                              Edward L. Watkins,Jr