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To: Joe Lyddon who wrote (8385)	11/7/1999 2:44:00 AM
From: bob	Respond to of 18366

TheStreet CEO Quits, Stock Tanks Wired News Report 11:05 a.m. 5.Nov.1999 PST Kevin English, chairman and chief executive officer of the online financial news service TheStreet.com, has resigned effective immediately, by "mutual agreement" with the company's board of directors, a company spokesman said Friday. The news sent TheStreet's shares spiraling 11.5 percent, or US$2.13, to close at $16.44 on the Nasdaq. Thomas Clarke, who was named the company's president and chief operating officer less than two weeks ago, will be the new chief executive, the company said. Fred Wilson, a board member and managing partner of Internet venture capital firm Flatiron Partners, will be the new chairman. English, who had been with the company for just a year, has not announced his plans, the spokesman said. TheStreet.com "remains on track to meet all of its financial and operating performance objectives," the company said in a statement. "All strategic investments and expansion plans remain unchanged, including the launch of its Web site for UK investors."