Treasurer's Report
We currently have $5320 in securities and $157 in cash.
In October we received $.77 from DIA, $0.64 LOW, and $.02 interest on our credit balance.
Total dividends year-to-date: $42.82.
Stock Presentations
Leroy presented a review of Netflix (NFLX)
A lot of other companies are moving into the space. Netflix dropped their monthly fee to retain customers.
These two factors depressed the stock price.
The three-year sales rating is 88%. Netflix signed a deal with TiVo.
Bottom line: No recommendation. Hold.
Next Meeting
The next meeting will be held on January 9, 2005 at Jerry's place.
Action Items
Leroy to research Netflix.
Lynn to research Independence Air.