From: tara johnson [tara_johnson@aemail4u.com]
Sent: Tuesday, November 18, 2003 8:23 PM
To: rule-comments@sec.gov
Subject: S7-23-03 Comments

I am so happy to see these proposed rules.  My hats off to the SEC for 
taking charge on this issue and not waiting to be upstaged by the NYAG.

I fully support your rules.

My biggest concern is with "Naked Short Selling", and anything you can 
do to end this practice will be great.  Do not get me wrong, shorting 
is a good thing and our markets need it, BUT the practice of Illegal 
Naked Shorting is both destructive and counter-productive as it falsely 
either drives the price of a stock into the ground or it never allows 
it to reflect its true market value. 

It is really quite simple, if someone is constantly selling shares that 
really do not exist, how can the stock ever go up accordingly?

Thank you again and please stop this ASAP.



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