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Non-Tech : James Cramer

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To: Deliveryman who wrote (301)	2/24/1999 11:37:00 AM
From: Deliveryman	Read Replies (1) of 766

RIGHT!: Hedge fund manager James Cramer could be in for one of the biggest trades of his career. Yesterday, Cramer's TheStreet.com filed to go public with the Securities and Exchange Commission. The filing says that the financial Web site hopes to raise as much as $75 million by selling 7.5 million shares in an offering lead-managed by Goldman Sachs. You knew it was bound to happen sooner or later, especially after the monumental success of the MarketWatch.com public offering last month. And if that IPO is any indicator, TheStreet.com (which of course employs the previous occupant of this space, Herb Greenberg), is poised to perform handsomely. If TheStreet.com's shares happen to fetch a post-IPO price price similar to that of MarketWatch's current $65 a share, Cramer's 2.7 million shares could be worth a cool $175.5 million sfgate.com

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