CHATTANOOGA ENGINEERS CLUB
http://www.utc.edu/~engrcs/cec/cec.htm
Volume LI			January 31, 2000		11:30 a.m.
Number 4							Tyner Academy											6836 Tyner Road

THIS WEEK__________________________________________________________________
Field trip to Tyner High School, Chattanooga's new math, science and
technology magnet school.  Tyner's principal, Steve Ball, will lead us on a
tour of the new technology classrooms.  If you wish to participate in a
luncheon before the tour, please meet at the main office at 11:30.
Direction to Tyner:  From I-75 or Highway 153, take Lee Highway (11 North),
turn left at Tyner Road, the high school will be on your left.
Please park at the Tyner Middle School parking lot.
For more research on our magnet schools, see www.hcde.org.


LAST WEEK___________________________________________________________________
George Andrews is a Senior Financial Consultant, and Vice President, as well
as manager of operation of the Chattanooga Merrill Lynch office.  He started
his presentation by commenting on internet trading.  In his opinion the
current state of internet trading is a form of legalized  gambling, and as
secure as such.  A primary goal of any investment strategy needs to be a
long term planning.  Mr. Andrews states, in planning, if one has given some
thought toward planning, there would be a 75% chance of realizing a given
goal, if one documents one's efforts regarding planning, the chance of
success is 90%, but without any planning, more than likely, one would not
achieve any goal.  Furthermore, the best investment plan is a diversified
plan.  History has shown that a diversified portfolio would achieve the best
gain in investment.  Investment return is based on asset allocation, timing,
and security selection.  Mr. Andrews used graphs to demonstrate many of his
statements.  One of his data shows that a portfolio with 25% in stock has
less risk than a portfolio with 100% investment in bonds.  US market has
risen continuously in the last five years. Korean market has doubled in the
last year.  Japan market, even with all the Asian flu symptoms, is still in
a growth mode.  The final analysis is that stock and mutual fund investments
are still the sound way to plan for future financial needs.

COMING PROGRAMS___________________________________________________

February 14 - Bill Howard, NextLec, US Xpress and Electronic Commerce.
February 21 - E Week Luncheon at UTC Tennessee Room.

MEMBER CERTIFICATE_______________________________________________________
We have several new members that have not been present to receive their
certificates.  Please contact Lulu Copeland, 697-3212,
copeland@cstcc.cc.tn.us, to schedule a day to present your certificate.

MEMBERSHIP DUES_______________________________________________________
Please send in your dues at your earliest convenience.  Please consider a
donation toward CEC scholarship fund.  Don't forget to sign up for
committee(s).

MEMBERSHIP DRIVE_______________________________________________________
Please consider inviting co-workers to our weekly meetings, and present them
with CEC membership applications.  Remember to ask for a free lunch for
every member you bring to the club.




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