0000895421-03-000139 SC 13G/A 1 20031211 AMBASSADORS GROUP INC 0001162315 8200 911957010 DE 1231 SC 13G/A 34 005-78137 031048207 110 SOUTH FERRALL STREET SPOKANE WA 99202 5095346200 MORGAN STANLEY 0000895421 6199 363145972 DE 1130 SC 13G/A 1585 BROADWAY NEW YORK NY 10036 2127614000 1221 SIXTH AVENUE 5TH FLOOR NEW YORK NY 10020 MORGAN STANLEY DEAN WITTER & CO 19980326 DEAN WITTER DISCOVER & CO 19960315 SC 13G/A 1 ambassadorsgroup1.txt AMENDMENT - AM - MS, GET OUT IACP