NATIONAL EQUITY TRUST OTC GROWTH TRUST SERIES 7
497J, 2000-05-09
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                                              Rule 497(j)
                                              Reg. No. 333-34262

Pursuant  to Rule  497(j)  promulgated  under the  Securities  Act of 1933,  the
Registrant, National Equity Trust, OTC Growth Trust Series 7 hereby certifies as
follows:

1)   the form of prospectus that would have been filed under
     paragraph (b) of Rule 497 does not differ from that con-
     tained in the most recent amendment to the registration
     statement, and

2)   the text of the said amendment to the registration state-
     ment has been filed electronically.

                                  NATIONAL EQUITY TRUST
                                  OTC GROWTH TRUST SERIES 7
                                  (Registrant)

                                  By:  Prudential Securities
                                       Incorporated

                                       Kenneth Swankie
                                       Senior Vice President
                                       Authorized Signatory

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D. C.  20549



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