Subject: File No. SR-NASD-95-42 Author: chrisc@actv.com (Christopher Cline) at Internet Date: 7/19/96 11:07 AM I support with enthusiasm the proposed NAqcess system. It represents a significant step forward in ensuring a more level playing field for all investors. NAqcess should encourage a greater participation by small investors in the NASDAQ market. I know of people who have avoided purchasing certain NASDAQ stocks because of the high bid/ask spread. When a NASDAQ market maker is one's sole trading alternative and the bid/aks apread is as high as 10%, it is understandable that many potential investors remain on the sidelines. Christopher Cline CFO ACTV, Inc.