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Politics : Idea Of The Day
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To: Bart who wrote (7742)8/23/1997 3:46:00 AM
From: IQBAL LATIF   of 50167
 
Fellows Regulars Lurkers and Committee members-" Idea Investment Club" Learn and Earn

Why don't we think of incorporating Idea Inc as a US based' Investment Club' initially with target of 100,000$ each share 5,000$ where all of us who are regularsand lurk participate- the' Idea fund' will be managed by an Investment committee comprising of Karun the enigma- JT the angry young man- Bart the Doc- Phil the flier- Mohan the bear -& Taqi the bull- Timothy Lamb and Chuck can help with formalities fiscal and legal for setting it up-we will play both sides of the market and will follow the trades posted on this thread- the target of this fund would be to beat the S&P returns by atleast 15%. I am ready to pick up 5 -10 of the shares to kick start but will reduce to any amount even 1 if response is good.

I think we can expect atleast a modest response from the thread to make it 100.000$ figure or even more- Our home page and all other ideas can take shape from this starting point- I think we will be in the money from day one- because we are in the market every day- no big claims just beating S&P by 15%. Lets discuss this over the weekend- I think we should not let resource people to involve in trading- lets enact their ideas only and see how we will perform- It will be a sincere effort to unite minds and money making opportunities in cyber-space. I will only be interested if majority of us and Committee agrees otherwise we kill the proposal.
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