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To: Cal Coish who wrote (2074)	12/11/1997 8:14:00 AM
From: Karl Zetmeir	Read Replies (2) \| Respond to of 11676

Excellent letter!!! The one point you seemed to have missed is the VSE is owned by a consortium of 12-13 brokerages in Vancouver. Rotsa ruck on getting them to cut their own throat! As soon as a stock starts to run ... to the detriment of the VSE owners ... it's halted! (to protect investors <G>) I've never seen a stock halted when going South. Doubt I ever will.

To: Cal Coish who wrote (2074)	12/11/1997 8:14:00 AM
From: Buckey	Respond to of 11676

Cal; Excellent, Maybe if we continue to post these types of comments, someone will take notice in the mainstream media because we know they are watching. If they had any b---s they would embark upon some real investigative journalism.

To: Cal Coish who wrote (2074)	12/11/1997 8:44:00 AM
From: Mr Metals	Respond to of 11676

Hi Cal That was an excellent post but like Karl said the VSE is owned by many brokerage firms and you/we don't have a fighting chance against them...eom. Mr Metals

To: Cal Coish who wrote (2074)	12/11/1997 8:48:00 AM
From: Jimsy	Read Replies (1) \| Respond to of 11676

Cal - excellent post and unfortunately you are pretty well spot on. The reason the VSE is down to 600 and falling is that when difficult times settle in, noone has any confidence in the VSE and the practices they allow in the name of surveillance. They appear to overlook the horrendously inappropriate practices and try to make people think they are doing their job by making an example out the latest incident. Possible scale of the latest incident: 3 houses that were top traders had net buys of 61,000, 55,000, and 51,700 shares respectably buying at an average price of say $1.10. If they sold out at $2.00, there may be a net profit of $170,000. Certainly not all of those shares were likely bought by the same insider as they would have had several accounts. So lets say there is less than $100,000 at the most that insiders may have made, which would be small numbers in comparison to the market manipulations that take place under the scenario you describe. The VSE should be looking at the trading practices that have resulted in the index at 600, or they will become extinct.

To: Cal Coish who wrote (2074)	12/11/1997 8:59:00 AM
From: Jimsy	Respond to of 11676

Cal - supplementary. The solution to the problem is easy, forbid brokerage houses and their employees from shorting stocks. If an individual wants to short stocks, ok, but lets not allow the brokerage houses to run stocks up by their various manipulations, basically phoning everyone the have a telephone number for and telling them to buy, buy, then once they get it high enough, short it because they knew dam well it got to that level by their own promotion. THIS IS HORRENDOUSLY CROOKED!!!!!!!! Perhaps we can get the Globe, Post, and Star to do an article on the trading practices that the VSE permits, so that everyone knows what they allow.