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Technology Stocks : George Gilder - Forbes ASAP

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To: Nick who wrote (2913)2/23/2000 11:50:00 PM
From: Scott C. Lemon  Read Replies (1) of 5853
 
Hello Nick,

> I'm not a day trader by any means, but have no problem
> jumping in and out of a stock. And I'm just trying to get
> more info on this Gidler Report. But from what I've heard
> and seen, couldn't you just plunk down the $300, buy
> what he says immediately and sell a week later? Forget
> long term and forget the potential of the stock.

I have to admit that you're exactly right ... the Gilder Newsletter has become a way for some people to make some quick cash just on the hype alone ... there are so many people who just follow what he says ... and I can't blame them. He's been a very accurate "recognizer of ascendent technologies" for quite some time ...

> When he first mentions a stock, does it pop immediately,
> and then correct hard?

I think they tend to pop quickly ... the correction sometimes happens slightly or not at all. I think a lot of people hold the stocks until the companies slip from the list ...

> Also wouldn't the publicity actually help everyone who
> has a subscription to the report?

Yep ... if you get in quickly, there will no doubt be the jump as everyone buys "what George points at" ...

> I hope this post doesn't sound challenging, as it's not
> meant to be that way, however, I'm just trying to find
> out some more info on this situation.

I think you are right on target, and that many people have learned to invest in the way you describe ... purely buying on the "Gilder-effect" ... ;-)

Scott C. Lemon
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