CAT Purchase

12 Shares @ 36.95 + 7.00 Commission = 450.40

June Meeting Minutes
Meeting Date: 6/3/2009

Members Present: Justin, Scott, Craig, Chad, Mike, Paulette
Quorum: Yes: 6 of 7 members present

Old Business: No old Business

New Business:

Treasurer Report
Purchases from last meeting were:
BBY 8 shares @ 36.20
GE 42 shares @ 13.50
Voted to amend bylaws regarding valuation date – Updated By Laws will be posted for review
SSG Reviews: CAT and NOV
Used Stock comparison guide with key points being:
CAT has dividends but NOV does not
CAT upside-down ratio is stronger even with conservative projections
NOV seemed more speculative due to volatile oil market and business model of growing by acquisitions
Members voted to buy CAT – 12 shares purchased at 36.94
Read first 50 pages of The Intelligent Investor
Next meeting planned for Wed. 7/8
Meeting adjourned

Wednesday, June 3rd Agenda

Call to Order
Proxy
Quorum
Minutes
Treasurer's Report

Old Business

post club e-mail address
Amend By-laws for valuation statement
SSG: CAT
SSG: NOV

New Business

SSG: SYNA
Updates on NKE, BBY, and GE
Finance Audit



I'll try to have BBY and NOV added to the blog tonight. Meeting at Paulette's. I think the meeting went great last time. Good job everyone. The article Jeff sent out got me excited about The Intelligent Investor. See everyone Wednesday!