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Technology Stocks : George Gilder - Forbes ASAP
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To: Bryan Steffen who wrote (110)9/30/1997 7:38:00 AM
From: Hiram Walker   of 5853
 
Bryan,

"For me the acid test of GG's prognostication is whether or not the
information and thoughts he develops will directly or indirectly make
money for me. Will the companies he recommends as ascending companies
make money? Or will the concepts he talks about lead me to discussion
and thought that will generate other money making possibilities?"

As a futurist and prognisticator,GG and others are looking towards the future. Now, when it comes to markets and money they are nearsighted and dumb as to what will eventually happen in the future. The market only cares about this quarter's earnings,as most people are not smart enough or wise enough to see what is happening in our economy,never mind world markets. So if you are seeing how GG's picks are doing,you would have to look at least 2-3 years out from now,as that is about the time frame I consider applicable as to when the market will understand what is happening. Short term predictions are based on emotions,like Theories of Chaos,this is not a wise thing to do.

Hiram
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