Author: at Internet Date: 12/09/1999 8:30 AM Subject: Shorting of OTCBB Stocks Please, please, please require the same rules and reporting requirements for shorting of OTCBB stocks as is required for NASDAQ stocks. There are some perfectly legitimate OTCBB stocks which subjected to potential unlimited naked shorting by market makers. If that is going to be allowed then the figures of short positions should at least be made public. But should it be allowed? I think not. I don't think it is allowed on the NASDAQ. It can actually destroy a good company by eliminating there ability to raise funds with a fair stock price. It can cause severe losses for shareholders. It is a tool for vile manipulation in some cases. If market makers can naked short an OTCBB stock, shouldn't the public be allowed to short OTCBB stocks over $5 (not naked but with the same rules lfor the public as there is for shorting NASDAQ)? It would seem that the laws pertaining to the OTCBB market are structured for the market makers and financiers so they can manipulate the stock price to no end. I know of cases where this has undoubtedly occurred. The OTCBB market is necessary for many small companies to raise funds since NASDAQ requirements are a bit high. Lets give the companies and the public a level playing field. Not special treatment, just a fair chance. With the new Eligibility Rules (great step in the right direction) fthe companies left on the OTCBB deserve a better chance. Thank you for your consideration. David Capraro 1682 Graefield Birmingham, MI 48009 248-443-5152