Minutes 24 AUGUST 2001 Present: Bonnie Blackwell, Bruce Beacham, Dacre Holloway, John Winson (Host), Brenda Noble, David Redfern, Marian Thornton, Mike West Apologies: Gwilys Price, Martin Smith, David Pankhurst Minutes of Previous Meeting These were approved and signed. Matters Arising None Treasurers Report There was a balance of £870. Share Monitors Reports Members were shown a copy of our portfolio as at the date of the meeting. Individual copies will be sent out with the minutes. They were also brought up to date on recent news for our current holdings. It was agreed to continue all our holdings for another month although we would keep a particular eye on Powderject because it had quite fundamentally changed its business focus since we bought them. Dealers Report Nothing to report. Future Investments The suggestions which were put forward at the last meeting were discussed. It was felt that the Construction sector was possibly over priced and it was agreed that we would wait until the next meeting before deciding on an investment. The policy of instigating a stop loss policy for this share was given another airing. After a long discussion it was decided that the Secretary would produce a spreadsheet showing how we could monitor our investments' performance against the FT All Shares index with a view to using this information to help us operate a stop loss system. Any Other Business Details of the Barclays' IC Portfolio competition for 2002 were shown to the meeting by John Winson. The secretary would complete the application form and send it off. Next Meeting This will be on Friday 21 September at 1930, at Dacre Holloway's, 12 Moorpark, Douglas Avenue, Exmouth. NOTE CHANGE OF VENUE. Signed:Date: 21 September 2001 Top of page