From: Dan Heilman [danheilman@comcast.net]
Sent: Sunday, September 28, 2003 4:48 PM
To: rule-comments@sec.gov
Subject: illegal naked short-selling (s7-24-99)

Dear SEC,

The only way I can see that this whole mess ends is if the SEC would change 
there rules on naked short-selling to have an exact limit on the number of 
days, like 2 days, that it stays naked and then is backed up with a real paper 
order.  I would like your thoughts on this.  Companies and individual stock 
holders are getting eaten live out there.  I have sent similar Emails to 
attorney generals and the press, but the SEC is the only one who can STOP this 
illegal naked short-selling of stock.  The SEC does not need this right now on 
the heals of WorldCom and Enron.  Investor confidence is at stake and the free 
market economy as far as that goes.  Please put a STOP to this.  Please read 
below as it explains the whole thing.
 
Just read this article and it hit home. 

Flamboyant litigator John O'Quinn is gunning for another bonanza: the entire 
trading system in penny stocks. From Forbes 

http://www.forbes.com/forbes/2003/1013/066.html 

They missed half of the story, marketers have these illegal indefinite holdings 
of naked short-selling. Then they bash the stock or hire professional bashers 
to bash the stock on places like Ragging Bull. Read this; 

http://www.cherrus.com/storm/confessions_(Basher).htm 

Please look into this. The practice of naked short-selling for extended periods 
of time is illegal. The marketers are getting these naked short-selling stock, 
then hiring bashers to bash the stock. It is not pretty and it is illegal. 

Us little guys need your help, please STOP this practice!!!!! 

You can find Firebird1965, head FAKE basher over at Ragging Bull on the NSDM 
page. Here is the address; 

http://ragingbull.lycos.com/mboard/boards.cgi?board=NSDM 

You can contact me by Email, then if you want my phone number or anything 
else I will gladly help you in anyway I can. 

Thank You, 
Dan Heilman, small time investor & Colorado Resident