re: The Cramer article on Gilder
Gilder doesn't have a "conference call", does he? Cramer is shooting from the hip, as usual.
The gist of Cramer's article is probably o.k., cycles of greed and fear, blah, blah, blah, but there's not one single indication that he's ever read anything Gilder has written. Or that some of Gilder's "concept" stocks are 30 or 40 baggers since he first discussed them.
Cramer is entertaining, but he is a trader. A blip on the screen who plays trends, shorts this for a buck here, goes long for a buck there. Gilder, on the other hand, is a big concept technology visionary. 3 years ago he called Uniphase the "Intel of the Telecosm" in a Forbes article, when UNPH had a market cap of about 1 billion and no one had heard of fiber optics, let alone DWDM.
People will still be reading Gilder 50 years from now (or downloading his thoughts via wireless and fiber directly into their brains, if "reading" is no longer in vogue).
Cramer will have been long forgotten. |
