(logo) Fidelity Investments®|||||||||||||||||||||||||||||||||||||||||||||||||||||||||| FPCMS
82 Devonshire Street
Boston MA 02109-3614
617-563-7000

||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||| August 10, 2004

Securities and Exchange Commission

Judiciary Plaza

450 Fifth Street, N.W.

Washington, D.C. 20549

Attn: Christian Sandoe

RE:	Fidelity Securities Fund (the trust):
	Fidelity Small Cap Growth Fund Fidelity Small Cap Value Fund (the funds)
	File Nos. (002-93601) and (811-04118)
	Post-Effective Amendment No. 60

Ladies and Gentlemen:

Pursuant to Rule 8b-16 under the Investment Company Act of 1940, as amended, Regulation S-T and Rule 485(a) under the Securities Act of 1933, as amended, transmitted herewith on behalf of the trust is Post-Effective Amendment No. 60 to the trust's current effective Registration Statement on Form N-1A. This transmission contains a conformed signature page, the manually signed original of which, executed pursuant to Powers of Attorney dated June 14, 2001 and June 1, 2004, is maintained at the offices of the trust. This filing also includes a conformed copy of the manually signed consent of the trust's independent registered public accounting firm, the original of which is maintained at the offices of the trust.

This filing serves to register each of Fidelity Small Cap Growth Fund and Fidelity Small Cap Value Fund as a new series of Fidelity Securities Fund. Each fund will seek capital appreciation. The new funds are introduced through five Prospectuses and two Statements of Additional Information (SAIs). Each fund will have six classes. The funds may be marketed through banks, savings and loan associations, or credit unions.

Please note that the cover page of the Prospectuses and SAIs contain the standard "red herring" legend called for by Rule 481 of Regulation C.

Please note that disclosure required as a result of the SEC Final Rule: Disclosure of Proxy Voting Policies and Proxy Voting Records by Registered Management Investment Companies is included in this filing.

Please also note that disclosure required as a result of the Department of Treasury and SEC Joint Final Rule: Customer Identification Programs for Mutual Funds is included in this filing.

Pursuant to Rule 485(a), the trust elects an effective date of October 24, 2004. We request your comments by September 9, 2004.

Please contact Jill Nareau Robert at (617) 563-0824 in connection with any questions or comments regarding this filing.

|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||	Sincerely,
	/s/ Matt Mugherini
	Matt Mugherini
	Legal Product Group