Treasurer's Report
Tax forms have been printed and distributed. Last year total interest of $0.08, and total dividends of $59.59
We currently have $5527.06 in securities and $521.60 in cash.
Since last meeting we received $.64 from LOW, $20.27 and one share of PHH from CD, $1.85 from DIA, and $.03 interest on our credit balance.
Chair's Report
Sent
Stock Presentations
ING Groep NV (ING) - Nick
Bottom line: Good company, but potentially overvalued stock.
Apple Computer (AAPL) - Derek
No debt. Good capture of the cool market. Good company, but potentially overvalued stock.
Bottom line: No recommendation. Hold.
Next Meeting
March 20, 2005 at Nick's house.
Action Items
Leroy researching exchange-traded funds (ETFs).