Subject: File No. S7-10-05
From: James A Reed
Affiliation: Retired

February 14, 2006

I think that restricting Proxy voting to the internet only close out many individual that do not have access to the internet. This is a significant number of WWII vets and others that do not wish expend the capital to buy computers and the other hardware required.

The other part of the proposal which would limit the online voting by listing the detailed required for printed ballots today. As a shareholder, I want to see all proposals next to each other and the pro's con's of each one to make an informed choice. I am not a rubber stamp for the boards. We need all proposals, not just the board's proposals listed in then same e-mail and not be required to link to other pages or sites.

Thank You,

Jim Reed