Meeting Minutes


Attendees: Nicholas Sarwark, Leroy Cain, Lynn Shniper, Derek Pomery, Janelle Kihlstrom, Jacob Aaronson, Esther Whieldon (proxy), Gerald McClurg (proxy)
20:00 - 21:45 September 17, 2006
More than 50% of the members were present, so there was a quorum.

Treasurer's Report
We currently have $7497.79 in securities and $395.25 in cash.
Since last meeting we received $8.00 in dividends from HET, $1.72 from DIA, and $0.03 interest on our credit balance.
Received $16.57 in lieu of a fractional share of Avis Budget Group (formerly Cendant) and 3 shares of Avis Budget Group (NYSE:CAR). Were also charged a $20 reorganization fee.
Stock Discussion Leroy - Realogy (NYSE:H)
Realogy has Century 21, Coldwell Banker, ERA, Coldwell Banker Commercial, and some other real estate brands.
Nick - Avis Budget Group (NYSE:CAR)
Own the Avis and Budget car rental companies.
Lynn - Wyndham (NYSE:WYN)
Have all hospitality companies, including hotels and vacation ownership.
Other Business Vote to sell Realogy shares back to the company with a $30 fee. Vote: No.
Voted not to sell any of the other stocks.
Next Meeting
November 5th, 2006 at Nick Sarwark's house.

Action Items
Reading Assignment to read Thou Shalt Prosper