Kennedy Capital Management, Inc.
10829 Olive Boulevard
St. Louis, MO 63141
December 14, 2000
Threshold Advisor Funds, Inc.
10829 Olive Boulevard
St. Louis, Missouri 63141
Gentleman/Ladies:
We are writing in connection with the 10,000 shares of Class I common
stock of Threshold Mid Cap Fund, a series of Threshold Advisor Funds, Inc. that
we have purchased from you at a price of $10.00 per share. This is to advise you
that the shares we have purchased were purchased for investment only with no
present intention of selling such shares, and we do not now have any intention
of selling such shares.
Very truly yours,
Kennedy Capital Management, Inc.
/s/ Charles W. Schweizer
Charles W. Schweizer
President