PROFESSIONALLY MANAGED PORTFOLIOS
915 Broadway
New York, NY 10010
(212) 633-9700

VIA EDGAR

                                December 22, 2000

Securities and Exchange Commission
Division of Investment Management
450 Fifth Street, N.W.
Washington, D.C. 20549

     Re: Professionally Managed Portfolios
         File Nos. 33-12213 and 811-5037

Gentlemen:

     Professionally   Managed  Portfolios  (the  "Registrant"  hereby  requests,
pursuant to Rule 477(a) under the  Securities  Act of 1933 (the "1933 Act") that
Post-Effective  Amendment No. 110 to Registrant's  Registration  Statement filed
under Rule 485 (b) under the 33 Act on December 20, 2000 under Accession  Number
0000950147-00-500291 be withdrawn. The Post-Effective Amendment filed under this
Accession  Number was with reference to Lighthouse  Contrarian  Fund, a separate
series of Registrant.

     As a result  of a  clerical  error,  Registrant  filed  two  Post-Affective
Amendment Nos. 110 on December 20, 2000.  Post-Effective Amendment No. 110 filed
under Accession Number 0000950147-00-500289 relating to Portfolio 21, a separate
series of Registrant, is the correct Post-Effective Amendment No. 110.

     Please do not  hesitate  to contact  the  undersigned  or Dale Kaplan of my
office should you have any questions concerning this letter.

                                Sincerely yours,

                                PROFESSIONALLY MANAGED PORTFOLIOS


                                By /s/Steven J. Paggioli
                                  --------------------------------
                                Name:  Steven J. Paggioli
                                Title: President