Date:    06/29/2000  1:28 PM

TO: RULE-COMMENTS at 03SEC
Subject: File #S7-09-00 Disclosure of Mutual Fund Tax Returns
 
I wish to add my request that you vote that mutual funds be required to 
disclose after-tax returns based on standardized formulas as currently 
used to calculate before-tax average annual total returns.  This is 
necessary in order to be able to accurately figure the expenses of a 
fund.  This vote was brought to my attention by Motley Fool articles. 
Micki Nichka