From: rrdjr [mailto:rrdjr@prodigy.net]
Sent: Saturday, July 21, 2001 1:51 PM
To: marketreg@sec.gov
Subject: OTC:BB Regulations

Dear Sir/Madam:

I'd like to offer my full support to the initiative of having Market Makers involved in the OTC:BB arena report the short positions they maintain in stocks they trade. I applaud the SEC for taking this action, and would encourage even more regulation of Market Maker conduct in the OTC:BB. Too many people and companies have been hurt by manipulation of OTC stocks by market makers. There is no reason the OTC:BB can't be just like a Nasdaq for micro-cap and development stage companies. A well lit, clean and transparent forum for trading stocks.

R. R. Besmond