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

To: Gmoney who wrote (5285)	11/15/2000 2:20:01 AM
From: Bernard Levy	Read Replies (1) \| Respond to of 5853

It seems to me Crowe has a point. It is also rather amazing how Gilder's ``ascending'' technologies have a short life span (a point made eloquently by Frank Coluccio in earlier posts). Two years ago, TGNT was ``ascending'' (even though observers of the BBFW scene viewed it as a distant second to Winstar). Then GG drops it in the nick of time, and now its almost in penny stock range. The LVLT story is remarkably similar (except that I don't expect it to come crashing down). One month it is ascending and soon afterwards it is descending. One of the two decisions was clearly a mistake (or both).

To: Gmoney who wrote (5285)	11/15/2000 9:08:46 AM
From: Jack Hartmann	Respond to of 5853

Take that article and watch it get spun some more. A Gilded Rage 11/15/00 9:00 AM ET Everybody in the biz is buzzing about a comment that James Crowe, the very respected CEO of Level 3 Communications (LVLT:Nasdaq), said about George Gilder at a conference yestrerday. Crowe basically called Gilder a corrupt hack. He insinsuated that you had to pay off Gilder to get Gilder's approval to be on the guru's buy list. This angry comment came right after Gilder spoke negatively about Level 3. "I would challenge him to disclose the fees he's paid by the companies in his picks and pans," the wires quote Crowe as saying. Understand that this charge is a direct violation of the Securities and Exchange Act of 1934. It is the type of thing that the SEC would open an investigation on in a heartbeat. I can't believe the big media guns haven't picked up on this one yet. Wow!!!!!! From the realmoney.com by Cramer I didn't see the words a "corrupt hack" in the article you posted so this is a leap to use damaging words like this. It will be interesting to watch this development. Jack