From: Richard [rreahard@earthlink.net] Sent: Monday, December 01, 2003 4:19 PM To: rulecomments@sec.gov Subject: File No. S7-23-03 Naked Short Selling To whom it may concern: I am opposed to the pratice of naked shorting by anyone or any group period. Selling what you do not own is fraud in any instant I know of. If you have not borrowed if or do not won it and you sell it you are a criminal. Richard Reahard