MORGAN STANLEY DEAN WITTER SPECTRUM SELECT LP
424B3, 2000-06-12
REAL ESTATE INVESTMENT TRUSTS
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                                                      Pursuant to Rule 424(b)(3)
                                                              File No. 333-90467


                  MORGAN STANLEY DEAN WITTER SPECTRUM SERIES

 SUPPLEMENT TO PROSPECTUSES DATED MARCH 6, 2000 AND SUBSCRIPTION AND EXCHANGE
                         AGREEMENT AND POWER OF ATTORNEY

                FOR DISTRIBUTION SOLELY IN THE STATE OF ALASKA

      The special suitability requirements for residents of the state of Alaska
set forth under "State Suitability Requirements" on page B-4 of each Prospectus,
and on page 4 of the form of Subscription and Exchange Agreement and Power of
Attorney, for the Morgan Stanley Dean Witter Spectrum Series, are revised to
read as follows:

ALASKA:     Only if you are purchasing (i) Units of Spectrum Select at a Monthly
            Closing held on or after June 30, 2000, or (ii) Units of Spectrum
            Currency or Spectrum Commodity, (a) $225,000 NW, or (b) $60,000 NW
            and $60,000 AI.

      Alaska residents subscribing for Units at and after the June 30, 2000
Monthly Closing hereby represent and warrant that they meet the applicable
revised suitability standards set forth above, instead of those in the
Prospectuses and the Subscription and Exchange Agreement and Power of Attorney.

Date:  May 11, 2000



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