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To: Big Dog who wrote (60406)2/16/2000 1:45:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
Mavis gone ?

...hope she sold her IPO stock - if she could. TSC is down hard & seeking a buyer.

Cramer still made big banana's and it's a great webzine - they may have just been a bit early ? I havent really followed the stock at all - I'll have to peek & see why its down so hard. They have a great product... hope it survives. You'd think they would have great advertising revenue's ?



To: Big Dog who wrote (60406)2/16/2000 4:03:00 PM
From: Gottfried  Read Replies (1) | Respond to of 95453
 
Big Dog, Mavis is leaving a sinking ship...

from WSJ "TECHNOLOGY ALERT
from The Wall Street Journal Interactive Edition."
Feb. 16, 2000

TheStreet.com has hired investment bank Wasserstein Perella to explore strategic alternatives, including a possible sale of the company, say people familiar with the matter.

FOR MORE INFORMATION, see:
interactive.wsj.com

excerpt
Analysts believe the new two-site model will draw more users to the free home page, which will enable TheStreet.com to boost advertising. Mr. Hodge reckons that serious users will pay the $200-a-year fee to access RealMoney.com. He estimates that TheStreet.com's revenue will reach $33.4 million this year, up from $14.3 million last year. The company is expected to post a loss of about $47.5 million, or $1.86 a share, compared with a loss of $33.6 million, or $1.73 a share, last year.


Gottfried