Sunday, January 27,2002
MEMBERS PRESENT: Gretchen DuRant, Greg Joseph, Zandra Coles Renee Patterson, Janice Hackney, Nancy Pierre, Lee Hollie, Deborah Hauges, Sallie Williams
MEMBERS ABSENT: Preston Younger, Gay Chestnut, Ike Chestnut
INVITED GUESTS:None
MEETING COMMENCED: 4:30 p.m.
Minutes of the November 18 , 2001 meeting were read and accepted.
With regard to the financial statement, a question was raised about setting aside funds for petty cash and operating expenses. It was discerned that we need to ascertain approximately what amount was spent for the previous calendar year before making any sort of decision in that regard. The matter was tabled to be handled at a future meeting.
It was recommended that every partner in the club take an SSG and/or an intermediate class at some point. It was also recommended that all partners devote approximately 10— 10 ‘A hours per month to do home-work and reading for the club.
SEMINAR UPDATE: Renee has taken beginners and intermediate classes. Advanced classes will be scheduled.
STOCK CONTEST: As of December 1, 2001, Gretchen won 1st place. Gregory won 2nd place. A new stock picks contest will begin with our next meeting. Have quick stock analysis with your choice. Need to know price of stock as of January 1, 2002. The purpose of the contest is to educate ourselves and stimulate interest. As was done before, there is a $10.00 fee to enter the contest.
MEETING ADJOURNED: 6:20 P.M