HELM CAPITAL GROUP INC
8-K, EX-99.1, 2000-10-20
FINANCE SERVICES
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<PAGE>   1
                                                                       EXHIBIT 1



October 18, 2000



Securities and Exchange Commission
450 5th Street N.W.
Washington, D.C.  20549

Gentlemen:

We have been furnished with a copy of the response to Item 4 of Form 8-K for the
event that occurred on October 13, 2000, to be filed by our former client, Helm
Capital Group. We agree with the statements made in response to that item
insofar as they relate to our Firm.

Very truly yours,



/s/ BDO Seidman, LLP





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