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


To: John A. Stoops who wrote (45976)6/5/2000 11:48:00 AM
From: JC Jaros  Read Replies (1) | Respond to of 74651
 
I don't understand why this is a news item. It shouldn't be. Public company gives equity to charitable org. Charitable org turns it into cash. Company gets to write off the entire value to the charity while writing down a much smaller number on the expense line. This is a *good* thing. If wealth is going to be redistributed, this is an excellent way to do it. You and I should probably do it more often. -JCJ