Tuesday, October 23, 2007

October 23, 3007: General Meeting

Upcoming Events:

1) STRETCHING DOLLARS into BIG SAVINGS
Learn practical ways to make ends meet now and save for the future -

Tuesday, October 30, 2007
7:00 PM, Dalton 25

Guest Presenter from Philadalphia Saves www.phillysaves.org

Sponsored by Personal Finance Planning (PFP) and Owl Investment Group (OIG).
??s: bmc.personalfinance@gmail.com

2) Chat with an alumna in Investment Management

Laurie Russman (BMC '79) is a Senior Vice President of Institutional Sales & Relationship Management at ING Investment Management. She was the executive director of Owl Investment Group (OIG) from 1978-1979. She received her MBA at Harvard Business School in 1983. Laurie will be talking about her experience in Investment Management industry, what it is like working in the industry as a woman, attending business school, CFA, and many more!
This will be a very informative session!!!

Thurs, November 1, 2007
7:30 PM, Dalton 25

Sponsored by Owl Investment Group (OIG).

Minutes:
* Overview of the financial market since last week (by Leslie).
Introduced ETFs (www.ishare.com) and will follow up in a few weeks to discuss specifics.

* Financial Services:
- have not been doing well, especially since credit crisis
- concerns over the role of the Fed and consequences of interest rate cut by 50-basis point
- expectations
- keeping all current financial services stocks

* Transportation:
- airlines companies have been fluctuated with unstable oil prices
- recommendation for next week: airplane manufactures (for example, Boeing), oil companies
- keeping all current transportation stocks

* Tech:
- have been performing well last few weeks (another tech boom?)
- best performer: Apple
- recommendation for next week: AT&T
- keeping all current tech stocks


Next Week's Meeting: