From: Ronnie Smitherman []
Sent: December 6, 2003
Subject: File No. S7-23-03

I am writing in regards to the regulation. I hope that you would make the regulation effective to any and all short sold shares. It is disturbing that a novice investor can find a company with good potential and then watch as the short sellers destroy the company with out having shares to back up the short selling.

Ronnie Smitherman