May Meeting
Minutes – Tom O’hara’s house
Present - Schaffers, Hills, and O’Hara.
Treasurers
Report
1.
All
members current on dues.
2.
Audit
of books still in progress with completion expected by next meeting.
3.
Ameritrade
balance 309.42
4.
Checking
balance 370.52
5.
Schaffers paid for SSG software.
6.
Klanderuds and Hansens Paid
in full.
7.
Proposal
to pay Schultz and Gurney was approved.
Transfer 16 shares of Lowes to Schultz (~$714)
and 11 shares of Coke to Gurney (~$620).
Club will retain 19 shares each of LOW and KO. Pay roundout
remainder in cash.
Old Business - Gundersons
need to return original SSG
software
to President.
Brittney Gunderson
needs to sign amended
bylaws.
New Business –
1.
President
needs to update the list of signatories on the Ameritrade account.
2.
Deferred
until next month.
·
Tricon
(restaurant industry)
·
Donnelly
Corp (mirror industry)
·
Coors
(beverage industry)
3.
We
will have a laptop and projector at next months meeting. We will complete SSG updates on as many of
the stocks in our portfolio as possible.
Connie will bring current Value Line’s.
This will be done both for training purposes and to give us an updated look
at our portfolio. If you know how,
please save any SSG’s you have on our portfolio
stocks to diskette and bring to the meeting.
Updates are quicker than Entering 10 years worth of data.
4.
Approved
the purchase of 8 shares of Cardinal Health at market price (once funds
transfer to Ameritrade is complete).
5.
Next
meeting at the Hills. Tuesday, Jul 30th.
7720
S. 70th
593-0689