Reznick Fedder & Silverman
              Certified Public Accountants - A Professional Corporation

           5607 Glenridge Drive - Suite 500 Atlanta, Georgia 30342-4998
                 - Phone (404) 847-9447  -  Fax (404) 847-9495


                                                 January 8, 2001


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

Attention:     Securities  and  Exchange  Commission:

We  have  previously  audited,  in  accordance  with generally accepted auditing
standards,  the  October  31,  1999,  1998,  1997,  1996,  1995,  1994, and 1993
financial  statements of  Gump  & Company.  We rendered our report thereon dated
March  13, 2000, and we have not performed any audit procedures since that date.

In  connection  with  our  audits,  there are no:

     1.     Disagreements with  management of Gump &  Company  about  accounting
            principles, disclosure or audit scope.

     2.     Communications  to  owners/managers  of  Gump  &  Company  regarding
            fraud, illegal acts and internal control matters.

Our  report  on  the financial statements referred to above contained no adverse
opinion,  disclaimer  of  opinion  nor  was it qualified or modified as to audit
scope  or  accounting  principles  except  for  the  addition  of  the following
explanation  paragraph:

      As  discussed in Note  A  of  the  financial  statements, the Company has
      been inactive since its formation on September  28,  1988.   The  Company
      presently has no credit  facilities or identifiable sources of additional
      capital to develop independent business operations.

                                         Very  truly  yours,

                                         REZNICK  FEDDER  &  SILVERMAN


                                         /s/  Gail  White
                                         Gail  White,  CPA
                                         Principal


GW/mw


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