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Exhibit No. EX-99.j.1
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the captions `Financial
Highlights", "Counsel and Independent Auditors" and "Financial Statements" and
to the use of our report dated September 29, 2000 in the Registration Statement
(Form N-1A) of Jacob Internet Fund, Inc. and its incorporation by reference in
the related Prospectus and Statement of Additional Information filed with the
Securities and Exchange commission in this Post-Effective Amendment No. 1 to the
Registration Statement under the Securities Act of 1933 (File No.33-82865) and
in this Amendment No. 4 to the Registration Statement under the Investment
Company Act of 1940 (File No. 811-09447).
/s/ Ernst & Young LLP
Milwaukee, Wisconsin
December 27, 2000
