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Re: None

Wednesday, 02/18/2004 5:51:06 PM

Wednesday, February 18, 2004 5:51:06 PM

Post# of 219267


LOOK at ALL the places my mail went to!!!.....
by going to this site!!..... Pres Bush will get a copy!!!...
And here is a site that will give you the email address of all of your congressmen:
http://www.visi.com/juan/congress/

Contacting the Congress Email Gateway
Your message was processed by the Contacting the Congress Mail gateway with the following results:
Your message has been sent via web-based mail form at http://hutchison.senate.gov/e-mail.htm to Senator Kay Bailey Hutchison.
Your message has been sent via web-based mail form at http://cornyn.senate.gov/contact/index.cfm to Senator John Cornyn.
Your message has been sent via Write Your Rep to Representative Michael Burgess.
Your message has been emailed to President George W. Bush at <president@whitehouse.gov>.
Your message has been emailed to Vice President Richard Cheney at <vice.president@whitehouse.gov>.
A carbon copy of your message has been emailed to you at (edited)
In case you wish to contact these individuals in the future, the proper salulations are:
Dear Senator Kay Bailey Hutchison
Dear Senator John Cornyn
Dear Congressman Michael Burgess
Dear Mr. President
Dear Mr. Vice President



You should receive a copy of your message (listed below) at <edited> shortly.

Subject: An Issue of Concern to me


Dear [Appropriate Salutation Will Be Inserted Here]:
I am contacting my members of Congress regarding an issue of concern to
me. Rule 3370 regarding the control of Market Makers ability to "naked
Short" OTCBB stocks at will. Today it was announced the rule, schd. to
be implemented on Feb. 20, will be delayed until Apr.1???? Why so the
crooks can steal more of our money??? I admit the below is a "form"
type letter, but it expresses MY opinion well. Please take it
literally.... I am writing in regards to the NASD decision today
2/18/04 to delay the implementation of the new short selling rule from
2/20/04 to 4/1/04. I am a concerned and troubled by the decision of the
NASD for three reasons. First, when the NASD announced this rule
implementation last month individual investors, like myself, saw it as
a sign that some of the naked short selling abuses would come to an
end.Hence we made decisions to hold positions we believed may have been
subject to naked short selling and, in some instances, increased our
positions in anticipation of the 2/20/04 rule implementation date.
Myself and many other investors were hoping that the rule would help
market efficiency and the fact that naked short selling abuses has
historically been a manipulative tool to keep stock pps down. Second,
the decision of the NASD to change their deadline less than TWO days
before implementation is not only a complete disregard for investors
but sends the message that the NASD is itself not capable to enforcing
it's rules and deadlines. Finally, delaying the rule implementation
until 4/1/2004 will force investors to make unfair decisions to either
hold on to positions that are now being and will continue to be subject
to naked short selling or to sell, sometimes at significant loss,
because we are losing faith in the ability of the market to act fairly.
Who is to say the NASD won't delay the ruling on 3/29/04, two days
before the new "soft" deadline. I raise this issue to point out that in
the end the NASD gave the excuse about upgrading their technology to
handle orders differently. This excuse is bunk, because they have
ALWAYS been able to place "normal" orders. I would appreciate a public
response to this issue.

I've included the link to the press release by the NASD for your
convenience: http://biz.yahoo.com/djus/040218/1056000599_2.html
Sincerely:




We'll Get there. Just you wait and see....
(Posting news is what I do. It DOESN'T mean I own it!!:-)

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