In that context the February story sounds like a bad joke--->
Message 14827188
Story Filed: Tuesday, February 15, 2000 8:45 AM EST
NEW YORK and LONDON, Feb 15, 2000 /PRNewswire via COMTEX/ -- TheStreet.com, Inc. (Nasdaq: TSCM), a leading Web-based provider of financial and investment news and commentary, today announced the highly anticipated launch of TheStreet.co.uk. The new site, with one of the largest independent online newsrooms in the UK, offers investors a comprehensive range of timely and original financial news and investment commentary, stock quotes and research tools. TheStreet.co.uk is majority owned by TheStreet.com, Inc., and investors including Chase Capital Partners, Barclays Private Equity, Intel, ETF Group and 3i each hold minority stakes. ...
More or less exactly nine months later....
Thursday November 16, 4:02 pm Eastern Time
NEW YORK (Reuters) - Online financial information company TheStreet.com Inc. (NasdaqNM:TSCM - news) said on Thursday it would cut 20 percent of its U.S. staff, or 40 jobs, and close its British operations in an effort to turn a profit sooner.
I wonder whether the likes of Jiim Cramer can view themselves in the mirror when getting up in the morning... |
