Subject: File No. S7-06-04
From: Patrick M. Stenson

March 3, 2004

To whom it may concern,
I feel that I earn every single penny that receive in 12b-1
fees for the services that I provide to average everyday citizens of this country trying to acheive financial independence. Independence from the future Govternment payrolls like social security...
Maybe we should reduce salaries and benefits and pensions for the employees of the SEC ?