From: Thomas Kittredge Broder [tkbroder@yahoo.com]
Sent: Tuesday, November 18, 2003 1:01 PM
To: rule-comments@sec.gov
Subject: Release No. 34-48709; File No. S7-23-03

I don't agree restricting short sales for the following reasons.

1) specialists and market makers have the ability to short anytime.  Don't 
restrict the little guys from shorting.  

2) Most Institutions short anytime without any restrictions! Many hedge 
funds don't disclose anything when they put on short sales.  They sell 
the stock and there prime broker borrows the shares.

3) by restricting short sales you move investor/speculator business to 
the option markets.  


  




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