From: Ripp Hoffman [ripphoff@comcast.net]
Sent: Friday, May 07, 2004 10:33 AM
To: rule-comments@sec.gov
Subject: 12B-1 (s7-09-04)
      I feel that the 12B-1 fees allows me, as an investment professional, to 
provide continuing on-going support and service, especially to the smaller 
investor.

      I fear that should this fee be disallowed, there will be too many "sell 
then and forget them" brokers selling funds. This, of course, is not in the best 
interest of the Investment Community as a whole, and not in the best interest of 
the smaller Investor at all.



      William R. Hoffman 
             
     
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