From: Herbert A. Teas
Sent: January 27, 2007
Subject: File No. S7-25-06

I have spent nearly twenty years investing and learning the various attributes and risks of investing. I have as one of my goals gaining the necessary net worth to invest in hedge funds. Now you are proposing to close that door on me based solely on the balance in my investment accounts. That is no more logical or fair than to remove that opportunity based on race, gender or religion.

I believe the minimum threshold should be lowered, not raised.

Herbert A Teas