Subject: short sales Author: at Internet Date: 12/05/1999 11:02 AM I fully support the new requirement of for any companies traded on the OTCBB to file regular 10-Q and 10-K with the SEC. I believe all public companies have obligation to fully disclose its financials to the public. Shareholders are in fact owners of these public companies and they have rights to know public company operations. I fully applaud the action taken by the SEC against the Internet Frauds committed by some insiders and stock promoters to take advantage of the public. However, I believe the biggest threat to the OTC BB market order is outrageous stock price manipulation by some market makers and foreign brokerage firms. Particularly, illegal shorting (creating shares to sell short) has been, in my view, the biggest fraud I have ever seen in the stock market. When a company has only about 10 million outstanding shares, and some brokerage firms can sell unlimited nonexistent shares, how can market order be established or maintained? If the SEC is really serious about protecting the public from any frauds and is willing to fight against the unfair practices of these big firms, the SEC should regulate short sales in any stock market as listed stocks. I just desire that everyone play the game using the same rules. Thank you for your time. Craig Musick