<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>opinion.txt
<TEXT>


INDEPENDENT AUDITORS' REPORT


To the Board of Directors of
TCW Convertible Securities Fund, Inc.:

In  planning  and  performing  our  audit  of the  financial  statements  of TCW
Convertible  Securities  Fund, Inc. (the "Fund") for the year ended December 31,
2000, we considered  its internal  control,  including  control  activities  for
safeguarding  securities,  in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and to comply with
the requirements of Form N-SAR, not to provide assurance on internal control.

The  management of the Fund is  responsible  for  establishing  and  maintaining
internal control. In fulfilling this responsibility,  estimates and judgments by
management  are  required to assess the expected  benefits and related  costs of
controls.  Generally,  controls  that are  relevant  to an audit  pertain to the
entity's objective of preparing financial  statements for external purposes that
are fairly presented in conformity with accounting principles generally accepted
in the United States of America.  Those  controls  include the  safeguarding  of
assets against unauthorized acquisition, use or disposition.

Because of inherent  limitations in internal  control,  error or fraud may occur
and not be detected.  Also,  projection of any evaluation of internal control to
future periods is subject to the risk that it may become  inadequate  because of
changes in conditions or that the  effectiveness of the design and operation may
deteriorate.

Our consideration of internal control would not necessarily disclose all matters
in  internal   control  that  might  be  material   weaknesses  under  standards
established  by the  American  Institute  of  Certified  Public  Accountants.  A
material weakness is a condition in which the design or operation of one or more
of the internal control components does not reduce to a relatively low level the
risk  that  misstatements  caused  by error or fraud in  amounts  that  would be
material in relation to the financial statements being audited may occur and not
be  detected  within a timely  period  by  employees  in the  normal  course  of
performing  their assigned  functions.  However,  we noted no matters  involving
internal  control  and  its  operation,   including  controls  for  safeguarding
securities,  that we consider to be material  weaknesses  as defined above as of
December 31, 2000.

This report is intended solely for the information and use of management and the
Board of Directors of TCW Convertible  Securities  Fund, Inc. and the Securities
and  Exchange  Commission  and is not  intended  to be and should not be used by
anyone other than these specified parties.



Los Angeles, California
February 12, 2001


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