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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: John F. Dowd who wrote (27750)8/2/1999 9:56:00 PM
From: gao seng  Respond to of 74651
 
You are right about that, and probably the donee wouldn't sell either. Any ways, doesn't matter.

Bill and Melinda Gates Foundations Issue Statement on Returning Their Wealth To Society
REDMOND, Wash., Aug. 2 /PRNewswire/ -- Contradicting an article that appeared in this weekend's Sunday Times(London), Bill and Melinda Gates have no imminent plans to give away the entirety of their wealth, according to Trevor Neilson, a spokesperson for their foundations.

According to Neilson, Bill and Melinda Gates have endowed two foundations with $11.3 billion to support initiatives in global health and learning. Since establishing the William H. Gates Foundation and the Gates Learning Foundation, the couple has expressed a desire to return the majority of their wealth back to society. They have made several significant gifts to global health and learning initiatives and will continue to make these gifts on a regular basis.

biz.yahoo.com




To: John F. Dowd who wrote (27750)8/2/1999 11:13:00 PM
From: carl a. mehr  Read Replies (2) | Respond to of 74651
 
John, gao and all,
The trick is to do both.

Shares given to a non-profit charitable organization gives you a tax deduction based on the stock price at the time of the donation. (What you paid for the shares does not matter).

Common sense dictates that you also sell shares and make a taxable gain equal to the donation described above. Presto, gain is offset by donation and no tax results.

Many of the 'big boys' have paid almost nothing for the stocks that they own. Look at the filings and you will find the number of shares donated are often matched by an equal number of shares sold.

You guys didn't think that Ted Turner and many other 'big boys' were dummies?
humble carl



To: John F. Dowd who wrote (27750)8/3/1999 1:18:00 AM
From: gao seng  Read Replies (1) | Respond to of 74651
 
JFD, congrats on your recognition as an esteemed SI member at techstocks.com

I wish to comment on that article, specifically:

--
So wrote Nostradamus over 400 years ago, foretelling some kind of massive destruction. He wrote the prediction back before a shift in the Gregorian calendar. Astrologers have recalculated and they figure that the "seventh month" is actually the eighth, and that the current period of eclipses, the lunar eclipse of July 28th, followed by the solar eclipse of Aug. 11th is when some serious poop starts to hit.
--

I am not an expert on Nostradamus, but I think that the dates he sees are actual dates, not logical ones. If this is true, and the theory that this somehow affects the stock price of MSFT, then I would think that the current pattern we are watching will be a good model to form a chart to predict the action of MSFT stock during the actual period. IMHO