Hello, Vince.

I haven't heard from you in a while.

We have a new issue monthly pay Agency this morning.  Here it is:

Issuer:     Fed. National Mortg. Assoc.
Term:    5 yr final, non call 1 year
Coupon:   7.26%
Maturity:  3/14/2005
Callable:   3/14/2001 @ par
Interest:   Monthly starting on 4/14/2000
Rating:    Aaa(Moodys)

This new issue won't be in long.  No cost or commission to buy.  Give me a
call.
David C. Walkup
Financial Consultant
713-658-1685
800-456-9712
____________________________________________________________




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