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Non-Tech : Dorsey Wright & Associates. Point and Figure

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To: Tommy Dorsey who wrote (6231)2/16/2000 12:41:00 PM
From: Gottfried  Read Replies (1) of 9427
 
Tom, [edited] from WSJ "TECHNOLOGY ALERT
from The Wall Street Journal Interactive Edition."

Feb. 16, 2000

TheStreet.com has hired investment bank Wasserstein Perella to explore strategic alternatives, including a possible sale of the company, say people familiar with the matter.

FOR MORE INFORMATION, see:
interactive.wsj.com

excerpt
Analysts believe the new two-site model will draw more users to the free home page, which will enable TheStreet.com to boost advertising. Mr. Hodge reckons that serious users will pay the $200-a-year fee to access RealMoney.com. He estimates that TheStreet.com's revenue will reach $33.4 million this year, up from $14.3 million last year. The company is expected to post a loss of about $47.5 million, or $1.86 a share, compared with a loss of $33.6 million, or $1.73 a share, last year.



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