Sent: Saturday, August 03, 2002 7:34 AM


  Thank you for taking the time to respond to my query.

  I've been concerned re the behavior of many SINCE WTC.

  Prior to that timeframe I've always understood the mechanics
of the market and have had my concerns. YET it would  appear
that there are those who in a time of war would rather
exacerbate an equity, investors and the economy for the
opportunity of exploitaion to the downside.

  GLW is just one that I have watched vigilantly where the
behavior is suspect at best. Dynergy was another.


  I'm cognizant the the SEC has a full schedule with many
concerns.

  I'm also cognizant that here and now the time frame has
accelearated and I can not remember when I have seen so many
equities decline  and with the PERCENTAGES they have.

  That is why I suggested that either exisiting regulations be
enforced or others added to eschew or prevent a free pass to
those who use the SHORT SIDE.

  I understand the purpose of shorting although I have never
shorted. YET I also understand that SHORTING was intended to
destroy a company, investor or a nation.

  I  presented GLW for I saw the action and those who were
openly admitting that they were short with timing to NEWS and
company behavior that goes beyond co incidental.

  I believe it is time to curtail this behavior before too many
more investors are injured. And those investors go well beyond
the boundaries of a particular company.

  If no one is watching the retail district during a difficult
time the LOOTERS WILL take advantage of a situation.

  So my concern as you note is two fold re GLW..

  SOMEONE knew something long before others and exploited it to
the downside. I mentioned CODY WILLARD for it was blatant to
this train eye and also the STREET.COM for the relationships
between hedge funds and shorts should be apparent to a trained
eye. IT is ONLY HOW it is being implemented.

  The  downside re GLW was NOT controlled and caused an
incredible drop that DID affect the issuance of a device into
the market that injured more investors as well as the health of
the company. ONE only has to look at the behavior in the equity
recently.

  IT is imperative in these times that THOSE who would exploit
downside be stopped. If not the entire nation will suffer.

  It is also important that checkpoints, circuit breakers be
initiated or implemented as done after 1987.

  Failure to do so allows for an equity to FALL 72% in a few
trading days as with GLW and also with DYNERGY. Another equity
where it was driven by short selling and by THOSE who KNEW
something. Calpine was another last. Shorts are not only
hurting companies they are KILLING SECTORS vital to the nation.
TELECOM and ENERGY is VITAL to this nation.



  HOPEFULLY the SEC will act along with other agencies to
enforce and implement to protect both the investors, the
companies yet more importantly THIS GREAT NATION.

  Thank you

  John Di Anni