CORPORATIONS TO TOUT STOCKS AT CONFERENCE.Byline: Chris Sieroty Staff Writer The stock market may have dropped nearly 10 percent since August, but that won't stop hundreds of people from converging at a Universal City hotel Saturday to attend the 17th annual conference of the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. chapter of the National Association of Investors Corp. NAIC NAIC See National Association of Investors Corporation (NAIC). , a nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law. group that oversees investment clubs across the country, will offer individual investors a chance to hear from nationally known experts on financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against and from representatives of a half-dozen different companies hoping to attract their investment dollars. ``The aim of the conference is to bring the corporation together with the investor . . . allowing companies to share their experiences not only with their business but also within their particular industry,'' said Sam Becker, vice president for publicity in the NAIC's Los Angeles chapter. NAIC members will hear presentations from First American First American may refer to:
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , the Nokia Group and other corporations. Corporate exhibitors will also pitch their investment potential for clubs. Becker said there will be an Annual Reports Gallery, where representatives of publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. from all sectors of Wall Street will distribute financial information about their businesses. NAIC's Los Angeles chapter has about 13,000 members who each invest from $10 to hundreds of dollars monthly into the stock market, Becker said, adding that the chapter's goal is to double the investment every five years. The organization provides investment education both for experienced and new investors and tries to increase the number who buy shares traded on Wall Street, he said. Founded in 1951 in Detroit, Mich., NAIC has been experiencing an accelerated rate of growth since October 1980. Membership climbed from 206,654 members in April 1995 to more than 730,000 in February 1999. NAIC members are spread through 135 chapters nationwide. CAPTION(S): Box: Investors Fair |
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