Sunday, April 28, 2002

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MINUTES OF INVESTMENT CLUB MEETING

Sunday, March 24, 2002

MEMBERS PRESENT: Toni Pinckney, Greg Joseph, Zandra Coles, Preston Younger, Janice Hackney, Nancy Pierre, Lee Hollie, Deborah Hauges, Tabatha Williams, Gretchen DuRant, Ike Chestnut, Gay Chestnut

MEMBERS ABSENT: Sallie Williams, Renee Patterson

MEETING COMMENCED: 4:00 p.m.

  1. Minutes of the February 24, 2002 meeting were read and accepted.

  2. FINANCIALS: Questions were asked regarding the valuation statement and member status statement. Discussion took place.

  3. NEW BUSINESS: An update on the 550 intermediate class will be forthComing from Greg and Deborah.

  4. EDUCATION: The checklist for the presentation was distributed by Greg. ADC Telecommunications stock checklist was done in small groups.

  5. BETTER INVESTING UPDATE: No information.

  6. STOCK CONTEST ENTRYS:
    Zandra:Paychex - PAYX
    Deborah:FYI Consulting
    Lee:Satellite Radio
    Preston and Sallie are to submit entries to Renee.
    Members present submitted current prices.

  7. INVESTFEST: Norfolk, Va. & New Orleans, La. — If anyone is interested, Please inform officials of WIG.

  8. GE &JNJ proxy forms were discussed. The deadline to submit your position on the website voting section is due April 10, 2002.

  9. Question --- keep Ameritrade or open with TD Waterhouse? We will buy a percentage of existing stocks and purchase new stocks as well.

  10. COMMITTEE UPDATES:
    By-Laws:Renee, Lee, Greg, Gretchen
    New Member:Nancy, Toni, Zandra
    Education:Renee, Greg, Tabatha
    Portfolio:Deborah, Janice, Sallie
    Audit:Lee
    Fund Raider:Tabatha, Gay, Sallie
    Scholarship:Greg, Zandra, Ike

Meeting Adjourned at 6:50 p.m.