Diversity Investment Group
Minutes of the meeting, September 2, 1998

All members were present except: Kamlesh Desai, Russ 
Douglas, Bobby Lane, Vinnie Metzger, Monty Schuth, John 
Stowe, Steve Weintraub and Randy Wilbur.  This was the 
third consecutive absence for K. Desai and B. Lane. 
Contributions were not received from K. Desai, R. Douglas 
and S. Weintraub.

Leon Lashner and Kyle Bond, who resigned, will have been 
paid out by now; Sabrina Young will be paid out in early 
October.

Linda Greene, who was not present but has attended several 
meetings as a visitor, wants to join the club.

David Robinson presented the food service company Sysco, 
and the general feeling was that this stock should be 
followed and compared to its competitors, for a possible 
future buy. David was then admitted as a member to the 
club.

PLEASE NOTE that it was only because two of the absent 
members had sent proxies that we had the necessary quorum 
to vote on David's membership. IF YOU WILL MISS A MEETING, 
SEND A PROXY.

There was general sentiment to have a potluck social in 
October, but we did not make a plan yet.  Tentatively, 
Roger and David R. will host.

David B. has revised and expanded the resources page of the 
club's web site, so check it out. David can also arrange to 
install the new versions of NAIC software on your computer; 
contact him. David and Todd both have online accounts from 
which they can download Standard & Poor's compilations
of the ten years' financial data needed to prepare an SSG, 
so if you're looking at a company, let them know and they 
can email you an html file of this data.  A DOS utility 
program is available on the club home page to convert this 
html file to an .SSG file, which can then be imported 
directly into the SSG software (saves on typing).

Next month's presentations:
Steve and Gary: AFLAC
Ron with David B.: Johnson & Johnson
David R.: some other food service companies for comparison

This month's presentations:
Andy presented Hewlett-Packard.  Needs industry comparison.
David B. presented Gillette.
Gary presented a revised SSG for Marriott International.

The club decided to sell our shares in 3COM and Seattle 
Filmworks, and to use that money and what we had on hand to 
buy Marriott and Gillette.  (Those trades were accomplished 
the following day.)  

Submitted by Jonathan Lerner.