EXHIBIT 16.0 February 12, 1997 Securities and Exchange Commission Mail Stop 9-5 450 Fifth Street N.W. Washington, DC 20549 Dear Sirs/Madams: We have read and agree with the comments contained in the section "Redwood Microcap Fund, Inc. - Changes in Independent Public Accountant" included in Pre-Effective Amendment No. 4 to the Registration Statement on Form SB-2, SEC file number 33-80321, of Redwood Broadcasting, Inc. and Redwood Microcap Fund, Inc. dated February 13, 1997. Yours truly, DELOITTE & TOUCHE, LLP