Date:    06/22/2000  9:52 AM

Subject: Market Maker Manipulation

Dear sirs:
     
I would like to make some comments about market makers manipulating the OTC 
Bulletin Board market.  I have personally seen examples where I would have a bid
at or above the current ask to purchase shares of EVIS and the order would not 
fill.  I remember one occasion when my bid was higher than the ask (the order 
did not fill), then I had my broker at Prudential Securities cancel the order 
and place a market order which then filled at the ask.  It made no sense to me 
or my broker.  
     
I have experienced other problems trying to buy TSIM at the ask and the order 
would not fill.  How can this possibly happen?  A purchaser should get at least 
the amount of shares offered immediately.  This was the day the stock peaked in 
early March.  There was large volume early in the day then the stock would not 
trade later in the day when I was trying to buy shares.  As an aside, I myself 
worked for Prudential Securities as a broker for two years.  As a result, I know
a little about how this is supposed to work.  
     
Now, I have recently come across these articles on otcnn.com about market makers
abusing the OTC BB stocks.  I am shocked that the SEC allows them to have short 
positions that are not reported.  Why should the OTC BB be any different than 
any other stock market?  No, wonder this market has such a bad reputation.  The 
government has no oversight (and it should).  These market maker tactics are 
nothing more than fraud and something should be done about it.  It is 
interesting to see the list of firms represented by the lawyer who does not want
reporting requirements implemented.  They do not want to have reporting 
requirements because what they are doing is immoral and should be illegal.  
     
I hope this is cleaned up soon.  Please put the politics aside.
     
Regards,
     
Harold W. Hughes