Subject: File No. S7-25-06
From: Michael E. Guerra, M.D.

January 26, 2007

I think all Americans should be free. It is paternalistic and immoral for government to prohibit freely entered into transactions. As such I support allowing any American to invest in any fund they choose. Net worth is not determinant of critical thinking and keen analysis.
Michael Guerra,M.D.
Kerrville, Texas