From: powelsons [powelsons@comcast.net]
Sent: Tuesday, March 09, 2004 2:31 PM
To: rule-comments@sec.gov
Subject: S7-03-04: 
Jonathan G. Katz, 
Secretary
Securities and Exchange Commission

Dear Mr. Katz,

As a holder of several mutual funds in my 401 account, I strongly endorse the 
proposed changes.

Respectfully,
Wallace Powelson
Seattle WA