Date:    5/19/97 10:56 AM
     
     
I have just read Don Phillip's article in Morningstar.net regarding the possible
weakening of prospectuses by introducing the profile prospectus as the material 
presented to potential shareholders.  I share his concern that these changes are
not in the best interests of the shareholders.  I believe the SEC has the 
responsibility to uphold and create rules which protect the investor, and I do 
not believe that a profile prospectus is in the interests of the investor.
     
It is time that the SEC support plain English documents that are understandable 
by all.  Please work towards that end while continuing to support ALL the 
information that investors need to know before purchase.  If you believe that 
plain English isn't possible, contact the folks at NoLo Press.  They can.
     
Thank you
Mary Rysdale
California