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Technology Stocks : George Gilder - Forbes ASAP -- Ignore unavailable to you. Want to Upgrade?

To: Mark Fleming who wrote (5053)	10/19/2000 2:51:42 PM
From: Bernard Levy	Read Replies (2) \| Respond to of 5853

Yeah, I am sure that my Stanford PhD in EE, plus my professional experience as a MIT and then UC faculty member certainly prevent me from understanding GG's pseudo-technological babble.

To: Mark Fleming who wrote (5053)	10/19/2000 2:53:01 PM
From: MikeM54321	Respond to of 5853

Mark- I think you may have addressed your comment to the wrong person. Bernard happens to be above the 'high-level technological reading' of GG. IMVHO, GG excels when it comes to generally explaining communications technology to non-professionals. My only problem is his zealous manner in which he promotes individual companies and trashes other competing technologies and/or companies. And I have to say, sometimes almost religiously leading the average investor down the wrong path. But I suppose one can say that is not GG's problem. It's a problem of those who choose to follow without doing the DD themselves. Hope I didn't offend anyone with my comments. -MikeM(From Florida)

To: Mark Fleming who wrote (5053)	10/19/2000 3:10:39 PM
From: Bernard Levy	Read Replies (2) \| Respond to of 5853

And one more thing, and I will let the Gilderites frolic in the light provided by the great guru. George Gilder makes no secret of his conservative views. As someone who is also a conservative, I would like to point out that the general goal of conservatism is to foster individuals who are self-reliant, which in investing matters means that they do their own research, burn the midnight oil in understanding technologies, and then armed with this hard work proceed to invest. In contrast, GG's web site advertises that his subscribers should leave the arduous task of understanding technology to him. Isn't it a problem for someone who claims to be a conservative to foster dependency? Dependency on GG's newsletter is no better than dependency on the government. Some of Gilder's subscribers use his newsletter as a small component of their overall DD, and I have no problem with that, but for many, their investment strategy consists primarily in downloading the letter, finding the pick of the month, and then clicking a buy order followed soon by a sell order when the frenzy has reached its peak.