Club Biomed's first Virtual Portfolio--Virtual one (current portfolio is also on the E*Trade Site):

Portfolio Rules History

Portfolio

Stock	purchase	sell
Imclone	600 shares @ $8.37=$502; July 2002

Rules for constructing the Club Biomed Virtual Portfolio:

• Buying and selling decisions are made by majority vote.
• We will ignore comissions.
• We will hold no more than 10 stocks (if we own 10, we have to sell one to buy another)
• We will have one stockwatcher to report when they feel it is needed, but at least once per year.

History:

We began by purchasing ImClone at the july 2002 meeting. 600 shares @ $8.37=$5022.

It fell, but then rose in early August and fell in late August.

On 4Sept is was at $7.55 for a loss of $558 (11%)