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Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (4853)	3/4/2003 9:23:32 AM
From: Proud_Infidel	Respond to of 5867

Nice to see the people we are invested with doing good works...... EBay founders, CEO rank in top US philanthropists Friday February 21, 6:14 pm ET SAN FRANCISCO, Feb 21 (Reuters) - Despite a dismal year for technology companies, three of the most generous U.S. philanthropists last year came from a single dot-com company, according to a report on Friday. Internet auction site eBay Inc. (NasdaqNM:EBAY - News) co-founders Pierre Omidyar and Jeff Skoll and Chief Executive Meg Whitman made up the largest contingent from any U.S. company on the Chronicle of Philanthropy's 2002 America's Biggest Donors list. Omidyar, Skoll and Whitman gave just over $99 million to charitable causes last year, or more than 62 percent of $262.75 million high-tech executives donated in 2002, according to the biweekly journal's third annual survey of the most generous U.S. donors. "Given how bad how things are in the tech industry, I'm surprised there are as many donors from the industry on our list," Stacy Palmer, editor of the Chronicle of Philanthropy, told Reuters. "I was expecting a drop-off." To make the journal's list, a donor had to pledge or provide at least $10 million. Pledges and gifts by the 60 largest contributors in 2002 totaled $4.6 billion, down 64 percent from $12.7 billion in 2001. The late publisher Walter Annenberg topped the journal's list, bequesting gifts worth near $1.4 billion, including an art collection estimated to be worth $1 billion to New York' Metropolitan Museum of Art. Microsoft Corp. (NasdaqNM:MSFT - News) co-founder Paul Allen was the tech industry's most generous donor. He gave $73.7 million. Omidyar and his wife, Pam Omidyar, were the tech-industry's second most generous donors, giving $48.25 million. Whitman gave $30 million and Skoll donated $20.8 million. Other big tech industry donors last year included software maker Oracle Corp. (NasdaqNM:ORCL - News) CEO Larry Ellison, who gave $35 million, and chip equipment company Lam Research Corp. (NasdaqNM:LRCX - News) Chairman James Bagley and his Jean Bagley, who gave $25 million. Tom Siebel, founder of software maker Siebel Systems Inc. (NasdaqNM:SEBL - News), donated $17 million, and software company PeopleSoft Inc. (NasdaqNM:PSFT - News) Chairman David Duffield and wife Cheryl Duffield gave $13 million. Microsoft co-founder and Chairman Bill Gates was not among last year's top 60 donors, but Gates and wife Melinda in 2001 ranked as the second most generous U.S. philanthropists, giving $2 billion to their family foundation. That foundation distributed more than $1.1 billion in grants in 2001, the journal's figures show, without mentioning 2002 activity.