From: CT Carbs [ctcarbs@yahoo.com] Sent: Friday, April 16, 2004 12:39 AM To: NASD COUNSEL; pumper; pumpr; sec pump Subject: Shorting Penny Stocks Rule 3370 etc BOCX SHO (nasd-2004-031) You folks have done NO research into this, you just made the rules. Did you know it is almost impossible to short cheap stocks? you already have a $2.50 min margin requirement (which I agree with). Have you noticed how stocks are going straight up and then straight down now? Welcome to your mistake and enjoy the many more americans getting fleeced by bulletin board scams and the many more complaints you're already getting. you know Japan tried this, don't you? Oh and by the way Sweeney, your new market maker proposed rule is complete horseshit. Even IF market makers were short more than the floats on some of these stocks,(which ISNT TRUE) THEY are the ones taking the RISK, capiche? You're just a puppet pencil pusher that doesnt know shit about shorting. The NASD is an SRO joke and the SEC is even worse as they approve their rules WITHOUT RESEARCH. CMON SWEENEY, who's REALLY making these rules? Shorts are GOOD for the market, surely you're smart enough to comprehend that? __________________________________ Do you Yahoo!? Yahoo! Tax Center - File online by April 15th http://taxes.yahoo.com/filing.html