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Technology Stocks : TheStreet.com, Inc. (TSCM)

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To: Jack Hartmann who wrote (618)2/20/2000 6:24:00 PM
From: ThomasJeferson  Read Replies (1) of 1822
 
What kind of an idiot does it take to loose $9 M on revenues of $5 M? Cramer has written that Madison and Jefferson (the other one!) gave people the right to dissemble in the stock market. This would presumably include himself and his staff.
Being a fund manager, he has also written that "...fund managers talk up what they own." Why would anyone go to TSCM, when there are lots of other web sites that provide financial news and information? Is there any realistic expectation that they can grow ad revenues, site visits, and page views by 5 or 6 fold over the next 2 years, while keeping costs constant?
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