We currently have $8,774.87 in securities and $956.84 in cash.
Since last meeting we received $0.60 in dividends from PPDI, and $.04 in interest.
Derek presented on tech stocks in the mobile market. He evaluated Nokia (NOK), Motorola (MOT), Apple (AAPL), and Research in Motion (RIMM). Apple has a PEG of 1.64, but has been pumped up on the hype for the iPhone. Motorola has been losing money. Nokia might be a buy. Seems to be growing reliably. RIMM appears to be overvalued.
Derek moved that we buy 25 shares. Motion passed.
Joel was added to the club.
August 19, 2007 at Joel Beaven's house.