After executing the command u suggested here is the result.
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[root@localhost Desktop]# yum localinstall gcc-3.2-1.i386.rpm
Loading "installonlyn" plugin
Setting up Local Package Process
Examining gcc-3.2-1.i386.rpm: gcc - 2:3.2-1.i386
Marking gcc-3.2-1.i386.rpm to be installed
Could not retrieve mirrorlist
http://mirrors.fedoraproject.org/mirrorlist?repo=updates-released-f7&... error
was
[Errno 4] IOError: <urlopen error (-3, 'Temporary failure in name
resolution')>
Error: Cannot open/read repomd.xml file for repository: updates
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