Griffin Speculators Investment Club
| Stock | No | Stop-Loss | Target |
| Atlantic Caspian Ord 5p | 5079 | None | Sell ½ at 15p |
| Cadbury Schweppes | 426 | 400p | Review |
| Chorion | 3948 | 20p | Track Monthly |
| Envesta | 2000 | None | None |
| Just Group | 4414 | Suspended | Sell ½ at 20p |
| Lastminute.com | 35 | None | 64p |
| Hilton Group | 500 | 160p | Review April 2002 |
| Quintain Estates | 403 | 160p | Track |
| Rage Software | 2176 | None | Review January 02 |
Last Minute.COM proposal progress
The Schwab balance doesn't agree with our understanding of the number of shares.
NW is to check whether he has submitted his certificate and stock transfer form
and to do so via AS if necessary.
This Months Investment Decision
After discussion the meeting agreed to hold on to all current holdings and:
· purchase £1000 worth of Electronic Boutiques shares, subject to a temporary
sub-committee comprising RP, AS and NH considering whether the current price
of 125p already fully reflects the potential benefits of increased sales due
to the Harry Potter, etc. effect or whether there is still potential for a short
term profit.
Shares to watch
The following stocks will remain on our consideration list:
Games Workshop
HBOS
and Bloomsbury Publishing will replace Boots.
Fantasy Share League
JK, TB, AS, PN, RP, IC, MB and NW have submitted proposals (and subsequent to
the meeting paid their £10 entry fees):
RP will record the entries in the club iii portfolio following close of business
today and will advise details of the holdings and a reminder of the iii portfolio
name and password.
AOB
NW is moving the club website to another provider and will advise its returned
availability (although it will be obvious by becoming accessible).
The Treasurer asked if TB would present his runner up cheque from last year's
Fantasy Share League - it makes it easier keeping his books.
Next Meeting
Wednesday 5th December 2001 at 12:30 pm in Room 2.