From: Scott Thuleen
Sent: March 31, 2005
Subject: File No. S7-06-04

I await the day when we are all called into court to rationally explain our assumptions that a client could even begin to digest the ridiculous overload of disclosure that is now presented. How can we even begin to believe that additional disclosure will add value until we have taken dramatic steps towards simplification and understanding?????

Scott Thuleen
Registered Investment Representative
Anchor Investment Management