I hear ya re: the MMs.  But certainly you can agree that the apparent S&L sell-offs have hurt.  We may be able to prompt some action re: S&L (via the letter), but there is virtually nothing we can do about the MMs.  And please, nobody suggest a reverse split toward movement to another exchange, unless it's a move to the NYSE.  Old stats, but 98% of securities on the NAS are handled by MMs, 75% on AMEX, but only 2% on the NYSE - the NYSE is the place to be.  Maybe that's another suggestion for the letter - suggest that a quest for a move to another exchange be directed toward the NYSE (i.e., meeting the listing criteria for the NYSE).

SGE