Subject: File No. S7-25-99
From: Ray D. Robbins

July 29, 2004

Dear Sir:

I am concerned when I hear numerous opportunities still exist for investors to be taken for a ride. I support the idea that anyone giving financial advice be covered by the Advisers Act. This area can be so complicated. I want to know that the person I am dealing with is working in my best interest instead of a fee from a company for selling their shares good or bad. Thank you.


Ray D. Robbins, LEAP, LPC
Regional EAP Consultant
101 Blair Dr., Room D03
Raleigh, NC 27603
733-4534 x365/Pager 800-603-8486