Author:  Ray and Sharon Pack <packrats@frontier.net> at Internet 
Date:    4/9/97 8:40 AM
     
     
Reference: File #S7-18-96
     
I am 100% behind the proposals to streamline prospectuses and to 
implement the fund profile.
     
I have been a mutual fund investor for over 10 years and I have 
never read a prospectus completely through.  I got lost in all 
the legal jargon and gave up.
     
I hope these proposals will become a reality.