Beowulf

May 3, 2000

Photo, Inc.
Tampa, Florida 33606

Dear Ed and Rachel:

In the past few days I have had time to think over the many years I have worked for Photoengraving, Inc. and I am proud to say that I have enjoyed the years and that the great times out weigh what very few rough times there have been.

Rachel, when I came to work for Photoengraving, Inc. I was taught the basics of Accounting on up and I know that all my Accounting knowledge has been acquired under your good direction. You have been gracious and over...