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

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To: Ross Roberts who wrote (31)5/10/1999 9:28:00 AM
From: gbh  Read Replies (1) of 1822
 
.Or do you really think this company has a good possibility of being a "keeper" (as I do)?

The company might be a keeper, but it will be hard to justify its $1B+ market cap (if the stock opens at $40), given its relative small revenue stream at this point. I suspect an opening somewhere between 40 and 80, and a probably a quick 10 to 20 point drop. Drop will be less if the opening is more toward 40. I think the MKTW first day is a good indicator of what to expect.

Gary
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