Subject: File No. S7-38-04
From: Thomas Bengtsson

January 11, 2005

To Whom It May Concern:

The Internet Roadshow is a very important tool for me. It is impossible to be able to physically attend all meetings that are of importance to me and since the Internet Roadshow allows me to view a presentation from my office, it enables me to look at more offerings and do a much better analysis on many more of them than I would be able to do if the Internet Roadshow was discontinued.

In my mind, the Internet Roadshow therefore makes the market more rational and makes important information more evenly spread out across market participants.

Regards,

Thomas Bengtsson
Principled Capital Management
666 Fifth Avenue, 34th floor
New York NY 10301
Ph:(212) 484-5034