OLD HILLS INVESTMENT CLUB 24 MEETING DATE May 9, 2001

MEMBERS PRESENT: Tom, Terry, Bill, Tim M, Ted, Tony, Mike Z

Net Asset Value was set at $9.3199 based on current market value. The club currently has 6,256.253 shares.

Total assets: $58,307.67 -21.2% loss

MINUTES:

Terry took his arm from around Bill’s shoulder at 8:31, and allowed the meeting to start.

There was a question about last months purchase regarding the amounts of stock purchased. There was a question about number of shares purchased, but no one really cared.

There was a brief review of documents and information.

$2,500 to invest at this meeting + $15,682 in cash reserve.

The following stocks were presented by members for consideration:

Terry – Citrix; Tony – Citizens Utility, PBG, DISH; Mike Z - GE; Tim M – Serena, SFBC; Bill - Marvel; Brian – Hand Springs

Final vote included Serena, Dish, and GE

NEXT MEETING : Wednesday, June13 at Pizza Makers 8:00

We bought 100 shares of SRNA @ $21.79 + $14.95 = $2,183.95

50 shares of DISH @ $37.57 + $14.95 = $1,893.45

50 shares of GE @ $50.07 + $14.95 = $2,518.45

 

MONTHLY INVESTMENTS – MAY, 2001

PIN #

PIN #

PIN #

PIN #

2300

$  100.00

9600

$ 100.00

CATS

$ 400.00

1428

$ 100.00

3310

$  100.00

5220

$  0.00

5618

$ 100.00

2699

$ 100.00

1786

$  200.00

BMAC

$ 100.00

0354

$ 200.00

1515

$ 100.00

MRK1

$  200.00

X101

$ 200.00

0000

$ 100.00

9478

$ 100.00

0323

$  100.00

1012

$  0.00

7702

$ 100.00

3484

$ 100.00

Total

$2500.00

 

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