Dear Reader:

It's pretty easy these days to look at the market and see a half-empty glass.

Spooked by the violence in Iraq and put off by a string of corporate abuses here at home, plenty of investors would just as soon sit out next year with their money under a mattress.

Poolside at the MGM Grand

But just as many others, seeing the economy mending and corporate profits rising, are convinced that the bull market is back on track.

With the nation's buyers and sellers as divided as its voters, the market just can't seem to make up its mind. We've just been through one of the longest stretches of essentially flat trading in stock-market history.

What we can all agree on is that these are dangerous times—for us and our money. The good news is that there are plenty of ways to profit if times get even tougher.

Whether it's selling short or buying assets that thrive in down markets, the collective investment firepower at our conference will be brimming with ideas. And that's just one more good reason to attend our annual investment extravaganza.

Only a tiny fraction of America's investors qualify to attend this event—don't pass up your chance. The advice you'll hear there could create a legacy of wealth for you, your children and grandchildren. You see, it's in transitional times like these that investors plant the seeds that reap fortunes. So it's doubly important this year to make sure you're on hand for our annual get-together.

Come Profit from Proven Winners

Wolfgang Puck Bar & Grill at the MGM

Join us in Las Vegas and you'll have two full days to immerse yourself in information that has just one purpose: to make sure you leave 2005 wealthier than you entered it.

Our 13th annual gathering brings you 18 of Wall Street's best forecasters and stock pickers. These "top guns" are proven winners who have helped make millions of investors rich. They are joining us in Las Vegas to cover the waterfront on what you need to know to stay ahead of the money game.

This is a rare opportunity to see and hear them in person.

Hear Straight from the Top of Wall Street
You won't find this elevated level of expertise at a typical investment conference. I can't wait for their exclusive views on what really lies ahead for investors—and how we personally can profit from it.

What specific insights will we get in March? I don't know yet, of course, but whether it's forecasts on interest rates... how to ride the high-tech roller-coaster... the shifting prospects for healthcare, financial and defense stocks... what to expect next from Washington on

The MGM Grand at Night

taxes... how much further gold can rise in its latest comeback... or whether we should be worried about inflation ravaging our wealth, they'll be giving you their exclusive insights, straight and to the point. I want to be there to hear their current views, and I imagine you do too.

Note: No tapes or transcripts of the investment intelligence relayed at this conference will be made available. Unless you're there in person, you'll never know what attendees learned.

We've Secured Our Favorite Location for Our 13th Conference!

We have pre-reserved a block of rooms at the MGM Grand, the most exciting hotel in Las Vegas! Call toll-free 877-313-5757 today to make sure you get your first choice of accommodation! (Your code for these special rates is LUE012.) Hotel space is limited in Las Vegas at this popular time of year for visitors. Last year, all pre-reserved rooms sold out early.

Good news! For 2005, we'll once again be at the venue where we have had so many great events in the past: the MGM Grand. Our event will take placein the hotel's magnificent Grand Garden Arena.

Promising you a "never- before" travel experience, this resort on the Strip offers polished perfection in accommodations, the ultimate in personal service and some of the world's finest dining and entertainment.

Staying at the MGM Grand is truly a chance to combine business with pleasure, as so many of our conference goers have discovered over the years. The hotel boasts more than 5,000 rooms, as well as a plush health spa, three theaters and 14 restaurants. In its casinos you'll find 3,000 slot machines and 150 gaming tables, spread over an astounding four indoor acres.

This "city of entertainment" incorporates so much, from resort amenities to megashows to sports events, that it's like being inside a big-budget film.

Lion Statue in Front of the MGM Grand

While Las Vegas is famous for its lights, gourmet dining and spectacular entertainment, there's much more to this desert oasis than glitz. In town, you have museums, theme parks and plenty of world-class shopping. A few miles afield, you can visit nearby Hoover Dam, take a helicopter tour of the awesome Grand Canyon or soak up the nostalgic atmosphere of an authentic Wild West ghost town.

A Rare Bargain
The cost for this year's event is a modest $75. I think you'll agree that's a bargain, especially when you consider that other investment conferences—with nowhere near the caliber of experts we have rounded up for you—charge hundreds or even thousands of dollars to attend.

Finally, let me urge you to act now if you want to attend. Although we have reserved a large arena for this event, hotel space is limited in Las Vegas at this popular time of the year. So please reserve your place soon.

In fact, why not make your reservations now, while you're thinking about it, and still have the date free?

See you in Las Vegas!
Sincerely,

Allie P. Ash, Jr.
Publisher
Louis Rukeyser's Wall Street and
Louis Rukeyser's Mutual Funds

Conference Agenda

Tuesday Special Workshop Session with Top Experts
9:25am	MC Introductory Remarks	TBD
9:30am	First Speaker	Robert DeFrancesco Editor Tech-Stock Prospector
10:30am	Second Speaker	Mark Salzinger Executive Editor Louis Rukeyser's Wall Street and Louis Rukeyser's Mutual Funds
11:30am	Third Speaker	Roger Conrad Editor Utility Forecaster
12:10pm	Lunch
2:25pm	MC Introductory Remarks	Nick Lanyi Senior Managing Editor Louis Rukeyser's Wall Street and Louis Rukeyser's Mutual Funds
2:30pm	Fourth Speaker	TBD
3:30pm	Fifth Speaker	Lou Holland Managing Partner & CIO Holland Capital Management
4:30pm	Sixth Speaker	Richard Bernstein Chief U.S. Strategist Merrill Lynch
5:20pm	MC Ending Remarks	TBD
Wednesday, March 30, 2005
9:30am	Welcome Message	Allie P. Ash, Jr. Publisher Louis Rukeyser's Wall Street and Louis Rukeyser's Mutual Funds
9:35am	Sponsor Presentation	TBD
10:05am	The Economy and the Stock Market	Ron Muhlenkamp President Muhlenkamp & Company
10:45am	Navigating the Bond Market	Dan Fuss Vice Chairman & Executive V.P. Loomis Sayles & Co.
11:30am	Stocks for Growth	Gretchen Lash President, CIO & CEO Engemann Asset Mgmt
12:10pm	Lunch
2:30pm	Stocks with Dividends	Jill Evans Portfolio Manager Alpine Dynamic Dividend Fund
3:10pm	A Top Strategist's Current View	TBD
4:00pm - 5:00pm	PANEL #1: What Investors Need to Know Now #1 Moderator: Liz Ann Sonders Portfolio Manager Alpine Dynamic Dividend Fund	Mario Gabelli Chairman & CEO Gabelli Asset Mgmt Richard Bernstein Chief U.S. Strategist Merrill Lynch Mike Holland President, Holland & Co., LLP Kim Goodwin Chief Investment Officer State Street Research
Thursday, March 31, 2005
9:30am	Welcome Message	Allie P. Ash, Jr. Publisher Louis Rukeyser's Wall Street and Louis Rukeyser's Mutual Funds
9:35am	Sponsor Presentation	TBD
10:05am	Profiting From Science	Tom Laming President & CIO Trendstar Advisors
10:45am	The Hunt for Intrinsic Value	Bill Nygren Portfolio Manager Harris Associates
11:30am	The Small-Cap Landscape	Satya Pradhuman Chief Small Cap Strategist Merrill Lynch
12:10pm	Lunch
2:30pm	The Future of Healthcare Stocks	Kris Jenner Portfolio Manager T Rowe Price
3:10pm	The Future of Utility Stocks	Roger Conrad Editor Utility Forecaster
4:00pm - 5:00pm	PANEL #2: What Investors Need to Know Now #2 Moderator: Gretchen Lash President, CIO & CEO Engemann Asset Mgmt	Frank Cappiello President Montgomery Brothers, Cappiello LLC Liz Ann Sonders Chief Investment Strategist Charles Schwab Susan Byrne Chairman & CEO Westwood Holdings Group Lou Holland Managing Partner & CIO Holland Capital Management