Subject: File No. S7-06-04
From: Eric J Neumann
Affiliation: President, Neumann Investment Services

May 19, 2005

I think the form is rather infantile and was written by someone who assumes that the investing public is bone stupid. The broker has a responsibility to provide a prospectus and the investor has a reponsibility to read it and ask any questions that he may have. Doing simple arithmetic and filling in the blocks for someone is a kind of hand holding that borders on insulting the intelligence of the investor.