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Old Hills Meeting Notes |
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MEMBER E-MAIL LINKS |
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Shares bought at the March Meeting |
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OLD HILLS INVESTMENT CLUB $32 MEETING DATE 4/10/02 MEMBERS PRESENT: Tony, Bill, Tom, Tim M, Al, Chez, Jim, Terry NET ASSET VALUE: was set at $8.5819 based on current market value of $66,296.56, of which $1,193.56 was in cash. The club currently has 7,726.90 shares. $2,120.00 additional to invest at this meeting. MINUTES: Bill opened the meeting at 7.59. Tom questioned having 7:30 meetings that begin at 8:00, but no one listened. Bill reviewed the previous months performance, and brought up the sale of Marvel. Lenghthy discussion followed, with the recomendation to put a limit order on 200 shares at 6.00. Tim Z has decided to withdraw from the club, and his account was settled with a payout of $7,135 and a fee of brokers cost and a 1% penalty of $103 Ter The entire club wishes Tim well, and will miss his insightful comments, and balance to Terry's opinions. Tony agreed to assume the office of Treasurer in Tim's place and was unanimously voted to do so. He was given a quick intro course from the Pres. STOCK RECOMMENDATIONS: Jim recommended bying more Krispy Kreme to bring our holdings to 100 shares. Tim M suggested William Industry, Ted suggested Activision, and Tony nominated Disney. NEXT MEETING: Wednesday, May 8, 2002 7:30 at Pizza Makers $ The meeting was adjourned at 8:55. |
