Minutes of Meetings
Green Mountain Dreamers
September 14, 1998

Old Business

The Green Mountain Dreamers met at Trinity College for its monthly meeting. Members in attendance were Randy, Tom, Chris, Claude, Al and Lou. Randy called the meeting to order at 6:30.

Discussion centered around the purpose by-law changes concerning redemption of stock. The proposed policy would be:

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By-law Changes
Redemption of Stock

1. Investment shares redeemed after one year or less will be penalized by a 10% reduction in the redemption value.
2. Investment shares redeemed between one and five years will be penalized by a 5% reduction in the redemption value.
3. Investment shares redeemed after five years will not be penalized for redemption.
4. Penalties for redemption of investment share will be waived or adjusted in the event of hardship. For example: job lost, relocation, death, etc. If a member dies his or her surviving spouse has the option to remain in the club or have the option to cash out.
5. Penalties of redemption of investment of shares can be waived or adjusted by a majority vote of the club members.
6. Transaction fees associated with the redemption of investment shares will be subtracted from the redeemed total. The net will be returned to the club member receiving the redemption.

**All by-law changes will have to be approved by a 2/3 majority.**

New Business

Tom's wife will be joining the club as a silent partner.

Chris gave us an update on "ADC", Lou did "Home Depot", Randy reviewed "Cabletron", Al on the "GAP".

The following stocks were reviewed.

Tom: Disney, Newell, Schlumgerger, Proffitt's, Pfizer, Merck, Yahoo, Amazon.Com, Disney

Al: GAP

Lou: Gillette

Members present voted to buy $1600.00 shares of Gillette.

Next meeting will be at Trinity College on Monday, October 5, 1998 at 6:30.