From: Doctor Atomic [john@DoctorAtomic.org]
Sent: Friday, November 14, 2003 10:55 AM
To: rule-comments@sec.gov
Subject: File No. S7-23-03 Regulation SHO



Dear SEC:

I am writing in regard to the proposed SHO ruling.  I find it reprehensible
that the SEC would even consider such a ruling.  If you implement a rule
that eliminates the ability to short sell BB stocks, you are inviting
disaster.  As noted in a recent Forbes article
(http://www.forbes.com/forbes/2003/1124/248_print.html ) on the BB market,
“The scams here are not of the magnitude seen at the New York Stock Exchange
or Nasdaq (WorldCom or Enron, for example), yet they are far more numerous.”
And by implementing this ruling, you are giving the scammers open season on
America’s public.  No one will be able to short the scammers’ stocks and
there will be little incentive for astute investors to research and post
negative information about the company on any of the bulletin boards or
sites dedicated to informing the public about these scams.

If you think you have people unhappy with the SEC now, just wait until
“hunting season” begins on the BB.  Your job is to protect the public
against these criminals and I think you will find that the SHO ruling does
just the opposite.

Sincerely,


John Salick