Subject: Don't go to profiles!
Date:    6/17/97 1:31 PM
     
     
As a new investor just now making investment decisions about mutual 
funds, I implore you not to go forward with the profile prospectus 
proposal.
     
Rather the hard work by both the fund companies and the SEC of making 
prospectuses readable must be done to assure me and others that we are 
fully informed, as owners of assets should be.
     
Already with the existence of the 'infamous' Part B of prospectuses, I 
am faced with two levels of information before I can make a fully 
informed decision.
     
The profile proposal proposes a reassuring (but less informative) 
additonal 'icing' document, which will leave most investors less 
informed and perhaps inappropriately assured. Even more work will be 
required to dig to the facts of a mutual fund investment.
_____
Aaron Ezekiel, Senior Analyst   Information Resource Center 
CIRT    University of New Mexico
2701 Campus Blvd. NE    Albuq., NM 87131
email:  aezekiel@unm.edu        ph:     505-277-8059 
WWW:    www.unm.edu/cirt        fax:    505-277-8101