STOEL RIVES LLP

STOEL RIVES LLP

April 20, 2005

Dear Rick:

Our mergers and acquisitions group thanks you for the program by you and your colleagues with respect to the determining "street value" of closely-held businesses. Your seminar materials were very well prepared and understandable. We were impressed with the care you took to make sure the presentation was done just right. And a number of lawyers have commented to me that the subject you discussed will be helpful to them in their law practices.

I know these presentations take a lot of time and require significant attention, and we greatly appreciate the effort you made for our benefit.

Best regards to you, Mark, Dennis and Ken.
Very truly yours,
Edward L. Epstein