geni wrote:
On 7/27/06, Brad Patrick <bradp.wmf(a)gmail.com>
wrote:
You have to be kidding. Are you seriously
suggesting the Foundation stop
buying servers?
IANAA but
Once you factor in depreciation the logical end point of his position
is probably that the foundation should turn liquid assets into servers
and related products as quickly as posible.
That wouldn't do it. Cash and equipment are both assets on a balance
sheet. If it ever came to that, either could be used to satisfy a
debt. Buying hardware just so that it can have an opportunity to
depreciate does not seem like a sensible strategy. Although it's
important to plan for equipment breakdown and obsolescence there is also
a value to delaying purchases. The same $10,000 that you might spend
prematurely today for a desired piece of equipment might give you a more
advanced piece of similar equipment a year from now.
Ec