Date:    06/28/2000  2:36 PM

Subject: File No. S7-09-00

I strongly believe that the SEC should force the mutual fund 
companies to show after-tax results.
     
The only reason they hide under the before-tax results is because
these returns are naturally higher.  This is deception and legalized-fraud.
     
Let's end the fraud today.  Thank you for your time.
     
Adam Resnick