Minutes of Diversity Investment Group for April, 1997

Vincent Metzger
04/03/97 10:33 PM

1.  Twelve members were present, and approved the minutes of the previous
meeting.

2.  David announced that the group joined NAIC as a group, and purchased
the NAIC club accounting software.

3. David passed around a sample monthly valuation report, produced by the
club valuation software.

4.  The partnership agreement has been registered with the county clerk,
and we have obtained a tax ID.

5.  Contributions were collected from all members present.  All future
contributions should be made out to "Diversity Investment Group".  Partners
excused Randy from late fees on his contribution, as he called David
earlier in the day to say he was sick.

6.  Doyle was appointed assistant treasurer, and Bobby and Todd volunteered
to be on the audit committee.

7.  Vinnie, Todd and David will research discount on-line brokerage firms,
and make a recommendation at the next meeting.

8.  Five guests were at the meeting, and will be prospective new members,
if they attend two more meetings.

9. Meetings will continue to be held at the Kaiser Glenlake Conference Room
on the first Wednesday of each month.

10. David suggested use of "Quote.Yahoo.Com" for current stock info.
Vinnie suggested   members who get the AJC, call to request the quarterly
investment guide.

11. Stock Check Lists and stock selection guides were reviewed for Ben &
Jerry's, Oracle*, Southern Company, The Money Store*, MCI* and Outback
Steaks*.  Those that are asterisked were of interest to the club, and
should be monitored for next month by those who brought them in.

12. All members without a copy of the book "Starting & Running a Successful
Investment Club" should obtain a copy.

13. Upcoming educational programs of the NAIC Atlanta Council were
reviewed.

14. Todd will look to host a session at his home on running the stock
selection guide software
package.  Partners with Laptops are encouraged to bring them so we will
have multiple screens to
gather around.  Todd will send out an announcement on the date & time.