Re: MCM - Digest V1 #65

[rcashin@juno.com (Robert P. Cashin)]

Hi All,

On Sat, 12 Dec 1998 08:00:27 -0800 owner-aga-mcm-digest@thekrib.com (MCM
- Digest) writes:
>
>MCM - Digest        Saturday, December 12 1998        Volume 01 : 
>Number 065

        A ten percent surcharge on sales to non-members sounds
reasonable. It offers an incentive to join, serves the intent of our
organization, and helps the treasury without any negatives that I can
see.

        709 is a fabulous total and something to be proud of.

        Our current bank balance is $20,628.12 with no bills submitted
for our last several publications. 

        What is the status of our legal efforts? I ask because we have
all that money drawing no interest, and I would like to make a
recommendation to the Steering Committee that we start a program of
investing in CD's on a monthly basis until we get down to about $6 or
7,000 left in checking which should be adequate for our operations,
particularly if our printer will submit bills as each publication is
mailed.  We would need to determine what tax forms would be required to
report the interest and if we would have to pay interest, based on the
status we achieve legally.

                        Best wishes for the holidays, Bob, the Cashman.

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