July 2008 Meeting Recap

Hi Gang:
Here's a recap of our July 23rd meeting. Up front, accept my apologies forthe delay.
Sixteen attended the meeting including two new members (Bob Salmon and HankThomas). Please join me in again welcoming them. There were 12 contributionstotaling $120.00 and this brought our cash on hand to $284.00. That hasallowed me to make two additional reservations for L107 with $84.00remaining. As of now we have paid for the room for the following dates:August 20th (Third Wednesday) and September 25th (Fourth Thursday).
I am including Kathy Park's recap of the stocks reviewed in the attached MSWord document.Alanna McHugh promised to provide information on the little known subtletiesand ramifications of Insider Buying and Selling. She has done that on our"Blog" (initiated recently by Mark Hopkins). To read it, please go tohttp://www.cfibd.blogspot.com where you can read her "post" along with anyof the other "posts" (9 so far). You can do all of that without logging in.If you want to enter a "post" (now or ever) you must "sign in." If youalready have a Google account, your ID & password for that will work. Ifyou do not, then go tohttps://www.google.com/accounts/NewAccount?continue=https%3A%2F%2Fwww.blogger.com
Kent Stallard volunteered to enter a "post" on cfibd.blogspot.com brieflydescribing how he has been profitably trading the seasonality of naturalgas. We all look forward to that.Having nothing to do with IBD, I was surprised to find that few in the groupknew about "The FairTax" movement. I promised to provide more informationabout this grassroots movement to replace the "broken" IRS and FederalIncome Tax with a national sales tax as an improved, fairer way to fund thecost of our Federal Government as well as help solve many of our currenteconomic problems (social security, Medicare, fleeing of corporations/jobsoverseas, etc.). If you are interested, AND YOU SHOULD BE, go tohttp://www.fairtax.org for more information, then see me about local activities.The next meeting of the Wilmington IBD Meetup Group will be on August 20th(THIRD Wednesday), 2008 and I will send a reminder before then.
Your Organizer,Bob
Robert B Brownfield201 Yorkshire LaneWilmington, NC 28409rbrownfield1@ec.rr.com <mailto:rbrownfield1@ec.rr.com>(910)799-7887 [R&FAX(call first)](910)470-2724 (Cell)