From: LLazar@aol.com
Sent: Wednesday, October 24, 2001 9:24 AM
To: rule-comments@sec.gov
Subject: display size requirement

Hello everyone at the SEC,

I am writing in regard to the proposed rule change by Nasdaq of the Supersoes 
Reserve Size Display Requirement and Refresh Increment Changes. In my opinion, 
this proposition has been bought to the forefront by market makers who would 
decieve equity traders like myself by displaying dishonest amounts of stock on 
the bid and offer. Market makers are constantly looking for an advantage over 
traders to sell or buy a ton of stock without showing their true colors. Since 
SuperSoes was implemented, many of them have resorted to using ECN's when they 
want to only show 100 shares rather than 1000. Why can't they just bid or offer 
for the amount they actually want to buy or sell. Frankly, I feel that this 
represents a blatant form of market manipulation at the expense of the trader. 
Thanks for listening,

-Lee Lazar
Equity trader, Chimera Capital