Subject: S7-10-97
Author:   James Magruder 
Date:    4/29/97 6:29 PM
     
     
I certainly support any effort to provide investors with better and more 
understandable information.  With this in mind, I would urge the SEC to 
require information such as performance (near term and long term) be 
specified, and also items such as expenses be clearly stated.  Also, I believe 
the fund should be required to state how their expenses compare to industry 
averages--or some other means of comparison.
     
I believe the industry has been able to provide too much "loose" and 
misleading information to investors.  This should be corrected.