Date:    06/20/2000  11:24 AM

Subject: S7-24-99

text
Hi I would like to comment on the proposed rule. 
Using level 2 reports it seems that someone must be
manipulating the otccbb market.  And I suspect it must 
be the market makers.  
     
I see buys going through for a large number of shares 
and yet the bid and ask for 100 share lots seem to 
steer the price.  I cannot image most investors buy 
shares in 100 lot segments when the cost of the trade 
would far exceed the price of a typical otcbb stock.
     
The general concenesous is that the mm are driving the 
price down to cover their short positions.  Maybe they 
are and maybe there are not but the perception of 
market makers manipulating a stock drives investors to 
other markets thereby drying up funding for these 
companies.
     
I think investors in otcbb stocks should be afforded 
the same protection as investors in nas and nyse.
     
Vic Garside - individual investor