Subject: Revisions of Prospectus
Date:    4/30/97 8:21 AM
     
     
To Whom It May Concern:
     
I strongly favor a simplified version of the current mutual fund 
prospectus.  However, I would urge that each such prospectus include 
what might be considered a technical appendix.  This appendix would 
include all the usual numbers that the more advanced investor might 
want, e.g., beta, R2, std dev, Sharpe ratio.  I find the two-page row 
(line) of information in the Morningstar 500 publication very useful.  
I would very much like to see quantitative information of that sort as 
part of a shorter, simplier prospectus.  If such a document is 
forthcoming, I would hope that it would not be necessary for investors 
such as me to send for the full, complete prospectus in order to gain 
access to the customary statistics.
     
Thank you for considering my views.
     
David R. Morgan
2711 Poplar
Norman, OK 73019