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To: Steeny who wrote (15713)	5/8/1999 8:46:00 AM
From: im a survivor	Read Replies (1) \| Respond to of 41369

<< NASD MMs are not required to make markets unless they are under private contract by a firm i.e. AMTD. The MMs are less regulated than specialists. Otherwise, there is not a huge difference >> Think about what you said.....less regulated....otherwise not much differance. less regulated, in itself...is a HUGE differance. Comparing MM's on Naz and OTC's with specialists on the nyse, is ridiculous. Yes, they are similar in some ways, but are so very, very different in many other ways. Have a great weekend. Kg