Date:    07/11/2000  2:14 PM

Subject: Rule S7-24-99

On Tue Jul 11 14:14:49 2000,
The following information was submitted: 
Host: 209.156.148.112
submit_by = lighthawk@prodigy.net
Name = Richard Fredrick
Professional_Affiliation = On-line Investor 
Subject = Short Sales 
Comments = I am writing you this letter to show that I am in favor of the 
proposed Concept Release (No. 34-42037; File No. S7-24-99). 
The Market Makers are supposed to provide a fair market trading mechanism, yet 
,when they become invested through shorting, they actually have a vested 
interest in seeing the price fall. This practice must be brought under some form
of control.
MMs must be held accountable by requiring mandatory disclosure of MM short 
positions on all OTCBB listed stocks. In this manner, excessive shorting can be 
made known to the investing public, monitored for excess and corrected by the 
SEC/NASD. Then and only then can investors in these stocks be treated with the 
appropriate protection against fraud and manipulation. 
With the steady increase in on-line investing it is time you got up to speed and
put a stop to this once and for all. 
Thank you for your time.