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Politics : Formerly About Applied Materials
AMAT 242.41+5.0%Nov 25 3:59 PM EST

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To: Proud_Infidel who wrote (36902)8/20/2000 5:25:05 PM
From: Gottfried  Read Replies (2) of 70976
 
Brian, >"Street.com cuts jobs, closes division"

TheStreet.com Inc., an Internet financial news service, said Friday it will close its analyst-ranking division and lay off five employees, or about 2 percent of its workforce. The company wouldn't say whether any more job cuts are possible. The cuts come 10 days after TheStreet.com received a $7.5 million investment from Go2Net Inc. and Vulcan Ventures Inc., the company that invests for billionaire Microsoft Corp. co-founder Paul Allen. The shares of TheStreet.com fell 3 cents to $7.34 in Nasdaq stock market trading. They've fallen 61 percent since they were first offered to the public in May 1999
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mercurycenter.com

Brian, are you thinking what I'm thinking?:)

Gottfried
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