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To: Paul Senior who wrote (22838)	12/23/2005 7:26:11 PM
From: E_K_S	Respond to of 78715

Many good points Paul Senior. The litigation I am waiting on goes back to December 1999. I mailed in one complete set of forms and trade receipts in 1/1/05 but they now need copies of my statements for the "class" period. The money from the suit is already in an escrow account and I was told there were only 1,300 class members that are qualified to receive the settlement proceeds. When I asked if there was a non response from any of these members, would the settlement be split among the remaining qualifying members? There was a pause on the phone and silence then in a quite voice answered . . . "No"! So it appears that this is another incentive for the lawyers to get these cases closed. They apparently receive all the money in the escrow account after the payment to the qualified class members. This amount can be substantial. 30% of the qualifying class members are non-responsive. Regarding the litigation for an equity in my IRA account, the claim is made according to the title of my IRA account and any checks received will be made out in the name of this account title. I assume these monies can be deposited directly into the account w/o penalty as these proceeds represent the return of principal. What is extremely important in the case of an IRA account is that ANY loss of principal compounds the hit on future returns. New "qualified" monies are at best difficult to add to the account. In my case, I have very little or no "earned" income so I no longer can make annual contributions to my IRA account(s). All of my income is either dividend, interest, short term or long term capital gains. Therefore, any proceeds from this litigation is extra gravy for my IRA account. I am very conservative in all of the equity investments that are made in my IRA account. EKS