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Technology Stocks : TheStreet.com, Inc. (TSCM) -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (400)	7/27/1999 8:59:00 PM
From: Will Cunningham	Read Replies (1) \| Respond to of 1822

Lucky me, I still have a cost basis of $19 and can't unload my shares until the lock-up ends in October (theStreet.com's lock-up period for employees and those who got their shares of the IPO through employees is six months). I can't tell you how pissed I was to learn that I couldn't sell my shares on the first day of trading in the 60s. Then I learned I was part of the lock-up because my measly 100 share allotment was through an employee. There is nothing wrong or illegal in getting shares this way, but it's frustrating to not be able to unload when your own money is on the line. I was looking at a sizable gain on a $1900 investment and now it is only a $1200 gain. What will I do? I've decided that shorting 100 shares tomorrow or soon thereafter will lock in my current gains until I can unload the stock in October for whatever it trades for. Don't get me wrong though. I love theStreet.com as a subscriber to its services for the past two years, just not as an investor in its stock. It might be a good or great long-term investment, but I'm a trader on this one. Peace to all on this board!