Dear Mr. Levitt,
     
In reading my current issue of Mutual Funds I saw the simplified 
profile prospectus being endorsed by the fund industry.  Trying to 
make heads or tails of the "information" being provided now is not 
only like "legaleeze" but confusing and very insulting to someone who 
feels well read and educated.  
     
Please give cosideration to this new idea.  It would certainly seem 
that it would spur growth in the investment industry - which in turn 
should be good for the country as a whole.
     
Carol Pitts
carol@action-lane.com