Subject: File No. S7-10-05
From: james k cahillane

December 27, 2005

My wife and I have been shareholders of public companies for over 50 years and think that the paper delivery of shareholder material is still the best method for deliver of important material for the shareholders to review and to vote on (proxy,and financial material). To only del. this via the Internet is a unjustice to the owner and shareholder of the company. Not all investors are computer oriented, my wife dose not use the internet and would not have the material she is entitle to. Please leave this rule stand the way it is with both method available.
Thank You
James Cahillane