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Next Meeting - Wednesday, November 15 @ 7:00 pm in
161 MCOB
Mike Hemler, a professor at Notre Dame, will speak on options and their
usefulness in a diversified portfolio.
Events - Guest Speaker (Mike Hemler), November 15, 2000
Past Meeting's Minutes
November 8, 2000
November 1, 2000
October 25, 2000
October 4, 2000
September 27, 2000
September 20, 2000
September 14, 2000
September 7, 2000
April 26, 2000
March 29, 2000
February 16, 2000
February 9, 2000
Next Meeting - Wednesday, Nov. 15, 2000
Location: 161 MCOB.
Time: 7:00 pm
Guest Speaker - Mike Hemler, a professor at Notre Dame, will speak on options and their
usefulness in a diversified portfolio. He will be open to questions and
small group discussion after his presentation.
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Events - Wednesday, Nov. 15, 2000
Guest Speaker
Mike Hemler, a professor at Notre Dame, will speak on options and their
usefulness in a diversified portfolio.
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Meeting Minutes
Location: 161 MCOB.
Time: 7:00 pm
We discussed our plans for the rest of the semester. We took a look at restructuring our
portfolio and talked about approaches to making changes in it. We also
mentioned that we are planning on making changes in the club prospectus for next year.
Pizza was served!
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Location: Jordan Auditorium MCOB.
Time: 7:30 pm
The meeting will just be a brief introductory meeting so all the new
members can get an idea of what goes on in the club. We will discuss the
club's plans for the semester, and the performance of the fund, which is
currently valued at over $400,000. If you have any friends who might be
interested, bring them too. Hope to see you then!
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Location: 121 COBA.
Time: 7:00 pm
Officers discussed End of the Year Dinner
- Choice between Chicago Steak House or Papa Vino's
- Decided on Papa Vino's. Meet 6:00 at Main Circle May 1, 2000.
Co-Fund Managers discussed:
- Edward Life Sciences "appeared" on the fund sheet. It
was on the University's statements.
- We beat the Dow, Nasdaq, and S&P again this week and are ahead of
all of them for the year.
- Proposal to maybe put in a limit order to sell some shares of AOL this
summer.
- Paul Buser, the club's treasurer mentioned that he will try to put
together some type of proposal to buy some shares of SBS Technologies.
It's CEO (a '72 grad) came and spoke at Notre Dame on Tuesday and had a
very positive outlook about his company
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Location: 121 COBA.
Time: 7:00 pm
The meeting was Wednesday 3/29/2000 at 7:00 pm in 121 COBA. We
discussed options and the possible
introduction of options to our portfolio. A guest speaker, Professor
Bill McDonald who teaches FIN 230 - Investment Theory at ND, talked
about options. We had pizza.
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Location: 121 COBA
Time: 7:00 pm
Tom talked about the possibility of committees and their purpose
- They need a chair
- They can do pre-meeting research about stocks presented by other people
- They will keep an eye on the stocks in their sector and make presentations about those stocks and other sector stocks that could possibly be added
Introduced Co-Fund Managers
- Co-Fund Manager - David Riebschleger
- Co-Fund Manager - Mark Brown
Co-Fund Managers discussed:
- Getting rid off stocks that are very scant in the fund
- An alternative to getting rid of stocks would be to just leave them off the list . . . but this may lead to other problems
- Possibly talk to a different broker . . . maybe get a better commission
- We need to look more at mutual funds . . . Brad will look into some international funds
- Another member offered to present a stock as well
- It is important to have committees
- AOL is too much of our portfolio
- We need to evaluate all of the stocks in our portfolio
Our Advisor, Paul Conway, attended the meeting
- We need to get an ad in the Observer
- Reiterated the fact that the fund works through the Fund Managers
- It is important to use the web for communication
- The Fund Managers will pass out information sheets soon
- We need to look into online trading
- Contests are a strong possibility
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Location: 121 COBA
Time: 7:00 pm
Introduced Officers
- President - Tom Pariso
- Vice-President - Adam Schreier
- Secretary - Brad Buser
- Treasurer - Paul Buser
Introduced Fund Managers
- They are officially in charge of the fund
- They are separate from the investment club, but the club does serve in
integral advisory role in the decisions they make for the fund
Announced updated website
- We plan to keep the website updated continuously this year, as this
was a problem in the past
- The website now has a list of the fund’s positions and other useful
information, such as an updated constitution
- The website address is: www.nd.edu/~invclub
Discussed plans to clean up portfolio
- There are a lot of stocks that are in the fund because they were
purchased many years ago
- Many of these stocks are not positive opportunities for growth
- Also, there are a few stocks that we have only a few shares of
- It might be better for the portfolio to be cleaned up a bit
Discussed attempts to switch to online trading
- We could save a lot of money on commissions
- The process could go a lot faster, so we could buy stocks at the price
we discuss them at
- I.E. A member named John Sarson introduced the club to a stock called
Biopure (BPUR)
that, by the end of the week was at about $36 (it was $25 on Wednesday)
We had pizza
- Brad ran over 8 pizzas (because Domino's was late), so we ate pizza at
the end of the meeting
- Everyone enjoyed and agreed it was a great idea
We discussed the fund's performance since last semester
- It was down mainly due to AOL's decline in January
- We are below our all-time high set in December
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