Date:    06/20/2000  9:52 AM

Subject: S7-24-99
 
I see no reason what so ever to ban the practice of naked shorting of 
otc-bb stocks.  For me to make money on the otc-bb I play the volatility
     
the MM's create, also reducing the volatility would hurt volume.  I'm 
glad the SEC is slow to react to investors who in my opinion should not 
be investing in the otc-bb.  Those people who want a boring no thrills 
market should only invest in listed securities, however; those people 
invested in the otc-bb expecting massive gains, but don't want to have 
to deal with huge risks.  Those people, now whiny victims,  think this 
is a socialist country were everyone has the right to be good at things 
they aren't.  Those people should accept responsibility for their 
actions.  No one took their hands and made them press the buy button.  I
     
do not think the government should spend millions of dollars in 
litigation fighting MMs.
     
Steve Stanbach
50 Pelican Bay
Roselle, IL 60172