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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: superfiggpart2 who wrote (61516)	10/26/2000 1:31:54 PM
From: StockDung	Respond to of 122087

TheStreet.com Posts Wider Loss, But Beats Estimates October 26, 2000, 7:46 AM PDT The online financial media site posted a net loss of $9.6 million or 37 cents per share. By Reuters TheStreet.com, Inc. (TSCM) Fox News Settles With TheStreet.com TheStreet.com Shuts Down a Division TheStreet.com Beats Estimates, Page View Up TheStreet.com Posts Wider Loss, But Beats Estimates (October 26, 2000) Miami Group to Buy El Sitio (October 26, 2000) AOL: New, Improved and Ubiquitous (October 25, 2000) AT&T: Let's Bust Up This Mess (October 25, 2000) Smarter Television Content And Media Transformed Don't Avoid XML--It's Essential to E-Business Content Management Strategies Email to a Friend Print Article Write the Editor NEW YORK (Reuters) – Online financial information company TheStreet.com (TSCM) Inc. on Thursday reported a wider net loss in the third quarter, but still beat estimates as subscription, advertising and electronic commerce revenues rose. Excluding certain nonrecurring items, the company posted a loss of $8.9 million, or 34 cents per share, compared to a loss of $7.2 million or 29 cents per share in the year-ago quarter. The company reported a net loss of $9.6 million, or 37 cents per share, compared with $7.8 million, or 32 cents per share including one-time items in both periods. Analysts on average predicted New York-based TheStreet.com, whose stock has fallen 90 percent since last May, to lose 37 cents per share, according to First Call/Thomson Financial. The company, which shifted to a free model from a subscription-based model earlier this year, said news distribution deals were slower to implement than it had expected. Consolidated advertising and e-commerce revenues for the third quarter totaled $3.7 million – up 74 percent from the third quarter of 1999. In September, the company said revenues would come in lower-than-expected amid a slowdown in advertising sales and delays in implementing distribution deals. Shares of the company closed at $3-1/4 on the Nasdaq on Wednesday, off the year-high of $22 and up from a 52-week low of $2-5/8. Copyright 2000, Reuters News Service