Subject: File No. S7-06-04
From: Peter MV Nelson

March 18, 2004

I have been actively investing for over 38 years. During that time I have been offered several Mutual Funds, open and closed end from brokers.

Almost without exception, the verbal presentation / pitch differed widely from that presented in the prospectus or papers presented for signing.

Thank god I always read before I signed.

Peter MV. Nelson