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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Gerald R. Lampton who wrote (14747)12/11/1997 11:06:00 PM
From: Charles Hughes  Read Replies (1) of 24154
 
>>>Please, someone, tell me why this isn't a waste of money:

seattletimes.com

If they like art, why don't they just open and/or donate to a museum? At least then they can take the writeoff and look good doing it.<<<

Gerry, whenever anybody buys art I feel I have to defend them, so:

1. Museums don't have room for every damn thing people would like to store there. Especially big outdoor sculpture, which attracts every culture loon available to put their 2 cents worth into the critical mix. They would prefer that 'artistic' diamond necklace, please. One they can turn over for 1/4 the tax valuation. So as to pay the staff and fund those students, etc.

2. Buying art does not infer that you have taken a loss. Far from it. It is an asset on the books. If it accrues value, the company makes money. The campus is worth more. This actually happens.

3. Microsofties, including Gates, have the reputation of keyboard-pounding, ignorant philistines. Putting a big public piece out there where everybody can see it helps to counter that impression. In PR it's cheap, if it helps people not believe you have limited capacities and humanity.

Chaz
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