Annual meeting of the Directors of the Iran Industrial Investment Development Company and the affiliated companies was held on 3^rd and 4^th of the current month in the cultural and camping auditorium of martyr Dr. Bahonar. In this gathering, Dr. Jamshidi, IIDIC's Managing Director, stated that: "At times when the market fluctuates in its natural way, the Stock Exchange Council should not rashly decide. If the Stock Exchange council faces problems with more patience and tolerance, the market will suffer less harmly. He declared the main difficulty of the market in the "Ratio of shares Turnover over the total Assets", and added that: in the present year, this ratio has increased to the extent of 22%, which is a better ratio compared with the previous years; however, it is considered as a high ratio in the region. He noted the drop in the indices in the recent weeks as one of the other problems of the Stock Exchange. Headquarter, and painted out that those who participated in the capital market, embark on buying Stocks of some companies due to an incorrect analysis of the market. As such buyers seek instant profit, they wish to get disposed of their shares, which due to the lack of buyers on the market, they face difficulties. We try to guide such people towards buying from a basket of shares which bear less risk.

Dr. ABDO TABRIZI, chairman of the Tehran Stock Exchange Headquarter, made a speech about the targets and the future plans of the Stock Exchange. He stated the cultural situation of the Tehran Exchange as market factors and special shares, and further pointed out that in the capital market, investment companies enjoy priority, and it is due to this fact that "Brokerage permit is going to be granted to such companies". He also stressed that rum ours have the first say in the Iran Stock Exchange. Those well versed in the Stock Exchange Organization seek to liberate the capital market from the pressure of a special group of people who are the source of such rum ours, and to hand over the former to a group of investment companies in a way that the rate of risks and losses be cut down.

Likewise, in the afternoon of the first day of the seminare, Dr. Jahankhani covered some issues on the "Role of Management over Economic Enterprises in Iran". Mr. A. Heshi also made a speech on the "Importance of Drafting and Formulation of consolidated Accounts, and participation of the Company's performance with the mother company.

In the second day of the gathering, Dr. Esslami Bigdei, a university professor, made a speech on: "Management in an Economic Enterprise under present conditions".

One of the other speakers in the second day of the gathering was professor Nejjati, who made a lecture on the "Importance of strategic selection in the Economic Enterprises".