Pilgrim Baxter & Associates, Ltd.
825 Duportail Road
Wayne, PA 19087-5525
December 15, 1998
VIA EDGAR TRANSMISSION
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Post-effective Amendment No. 3 for PBHG Advisor Funds, Inc.
(Registration Nos. 333-44193 and 811-08605)
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Ladies and Gentlemen:
On August 18, 1998, PBHG Advisor Funds, Inc. (the "Company") filed, via
electronic submission, Post-Effective Amendment No. 3 (the "Amendment") to the
Registration Statement on Form N-1A pursuant to Rule 485(a) under the Securities
Act of 1933, as amended (the "1933 Act"). We hereby make application to withdraw
the Amendment, pursuant to Rules 477(a) and 478(c) of the 1933 Act.
The Company has determined not to pursue plans to establish and market
the PBHG Advisor Health Care Fund and the PBHG Advisor Financial Services Fund,
which portfolios were to be registered by the Amendment. The Company therefore
believes that the withdrawal is consistent with the public interest and the
protection of investors.
Should you have any questions about this application, please contact me
at (610) 578-1206.
Very truly yours,
Pilgrim Baxter & Associates, Ltd.
By: /s/ John M. Zerr
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Name: John M. Zerr
Title: General Counsel and Secretary
Telephone No. (610) 578-1206
cc: John N. Ake, Esq.
Brent Fields, Esq.
Willliam H. Rheiner, Esq.
