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


To: RockyBalboa who wrote (1046)11/16/2000 5:40:25 PM
From: StockDung  Respond to of 1822
 
What was thestreet.com saying in Feb.?->THESTREET.COM LAUNCHES THESTREET.CO.UK IN THE UNITED KINGDOM FIRST LEG OF INTERNATIONAL EXPANSION IS AHEAD OF SCHEDULE, UNDER BUDGET AND Supported by Aggressive Marketing Campaign

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Story Filed: Tuesday, February 15, 2000 8:45 AM EST

NEW YORK and LONDON, Feb 15, 2000 /PRNewswire via COMTEX/ -- TheStreet.com, Inc. (Nasdaq: TSCM), a leading Web-based provider of financial and investment news and commentary, today announced the highly anticipated launch of TheStreet.co.uk. The new site, with one of the largest independent online newsrooms in the UK, offers investors a comprehensive range of timely and original financial news and investment commentary, stock quotes and research tools. TheStreet.co.uk is majority owned by TheStreet.com, Inc., and investors including Chase Capital Partners, Barclays Private Equity, Intel, ETF Group and 3i each hold minority stakes.

"The United Kingdom is an ideal market for the first leg of our international expansion," said Thomas J. Clarke, Chief Executive Officer of TheStreet.com, Inc. and Chairman of TheStreet.com (Europe) Ltd. "TheStreet.co.uk has given TheStreet.com an overseas presence with a modest investment, and we have structured the investment to allow for a variety of future funding options, including an IPO in the European markets if the conditions are right."

The launch of TheStreet.co.uk, which is free to all Internet users, is ahead of schedule and under budget. In addition to publishing proprietary news and commentary of interest to UK investors, TheStreet.co.uk will also syndicate content from TheStreet.com, and will in turn supply news about European markets to the US site.

A targeted marketing initiative will build awareness and drive UK investors to the new site, with print advertisements running in The Economist, The Times, The Telegraph, The Financial Times and other UK publications. The campaign also includes significant online marketing, and the outdoor component of the campaign is one of the largest ever by an online content company in the UK.

"We have had an extremely positive reception from the online community and advertisers alike," said Claudia Jay, Managing Director of TheStreet.co.uk and former head of product development for the Financial Times news site FT.com. "We have already secured major advertising contracts, before publishing a single word."

Led by Editor Martin Baker (former Sunday Business associate editor), TheStreet.co.uk has an experienced staff of 20 journalists, including four who served most recently as City editors for prominent UK newspapers.

TheStreet.co.uk has already secured content syndication agreements with prominent local portals including AOL UK and Lycos UK, and online brokers such as E*Trade United Kingdom and DLJdirect United Kingdom have signed advertising agreements for the new site.

About TheStreet.com, Inc. TheStreet.com Inc. (Nasdaq: TSCM) is publisher of TheStreet.com, a leading Web-based provider of financial news and commentary. TheStreet.com was founded in 1996, with an editorial team of over 80 experienced financial journalists based in New York City, San Francisco, Silicon Valley and London, and commentators throughout Europe and Asia. Under a recently announced strategy, the Company's main site at www.thestreet.com will become entirely free in the second quarter of 2000, augmented by a network of sites including RealMoney.com, a subscription-based commentary site featuring columnists including James J. Cramer, Herb Greenberg, Adam Lashinsky and dozens of others. TheStreet.com, Inc. has established strategic alliances with The New York Times, FOX News Network, Israel's Ha'aretz Group, America Online, Yahoo!, E*TRADE, DLJdirect, Intuit, 3Com and other leading companies.

About TheStreet.co.uk TheStreet.co.uk is a new online investor and financial news service. Launched on February 15, 2000, TheStreet.co.uk offers private investors real- time financial news, analysis and commentary as well as online share price information and personal finance advice. TheStreet.co.uk boasts one of the strongest teams of experienced financial journalists anywhere on the web -- including four former UK newspaper City Editors. TheStreet.co.uk is owned and operated by TheStreet.com (Europe) Ltd, an independent company that is majority owned by TheStreet.com, Inc. in the United States. The other investors in the company are Chase Capital Partners, Barclays Private Equity, 3i, ETF Group, and Intel.

SOURCE TheStreet.com, Inc. (C) 2000 PR Newswire. All rights reserved. prnewswire.com

CONTACT: Sean McLaughlin of TheStreet.com, 212-321-5254, or email,
smclaughlin@thestreet.com; Investors, Jean Young, email, jyoung@frb.bsmg.com, or General, Kelly Lofts, email, klofts@frb.bsmg.com, 212-661-8030, both of The Financial Relations Board, for TheStreet.com, Inc.

WEB PAGE:
thestreet.co.uk

thestreet.com

GEOGRAPHY: New York
England INDUSTRY CODE: CPR MLM SUBJECT CODE: PDT

Copyright © 2000, PR Newswire, all rights reserved.



To: RockyBalboa who wrote (1046)12/8/2000 3:30:06 PM
From: StockDung  Read Replies (2) | Respond to of 1822
 
Whats next? Ask Jeeves, ask Cramer?

TheStreet.com Supports Proposed SEC Disclosure Rule for TV Analysts;Announces New Role for Markets Commentator Jim Cramer


NEW YORK, Dec. 8 /PRNewswire/ -- TheStreet.com (Nasdaq: TSCM), a leading Web-based provider of timely financial news and commentary, today said it strongly supports the Securities and Exchange Commission's (SEC) proposed rules to require television analysts and money managers to disclose possible conflicts of interest when recommending stocks on the air.

"Jim Cramer, our co-founder and chief markets commentator, has always held himself to a higher standard and disclosed his positions -- as has every other commentator writing for TheStreet.com," said Thomas J. Clarke, CEO of TheStreet.com. "We're delighted the SEC is moving to the Cramer Standard because we believe it is part of the full disclosure that market players should make in fairness to investors."

Clarke said that TheStreet.com has led the financial publishing industry in full-disclosure and will continue to do so, whatever the SEC decides in its pending rules. The SEC's consideration of tighter disclosure rules for TV analysts and money managers was first reported on Thursday by Bloomberg News.

Separately, Clarke announced that Cramer will take on a non-operational role at TheStreet.com. Beginning next month -- when he retires from Cramer Berkowitz, the hedge fund firm that he co-founded 14 years ago -- Cramer's title will be "Markets Commentator and Advisor to the CEO." Cramer will continue to write for both TheStreet.com and RealMoney.com and will be available to appear much more often on radio and television financial news programs.

"Jim now will have the time to write and comment on the markets in a broad range of media including television, radio, conferences, online and elsewhere," Clarke said. "We look forward to his greater participation and we consider it ironic that now that the SEC is considering a Cramer Standard, it will no longer apply to Jim as a professional trader."

For the first time since founding the company, Cramer will have an office at TheStreet.com. And he will be available to Clarke for a wide range of insights into market trends and activities.

"We agree with Jim that now that he has more time to observe and think about the markets, his commentary will be even more compelling to our readers," Clarke said.

About TheStreet.com Inc.

TheStreet.com, Inc. (Nasdaq: TSCM) is a leading provider of timely financial news and commentary -- through its network of free and subscription-based web sites, and through such brand extensions as conferences, books, wireless, and broadband. TheStreet.com Network includes TheStreet.com, a free site for individual investors of all experience levels, and three subscription-based satellite sites: RealMoney.com for active investors; ipoPros.com for IPO investors; and TheStreetPros.com for investment professionals. TheStreet.com brand is built on its best-in-class editorial team of experienced financial journalists based in New York City and San Francisco.

SOURCE TheStreet.com

CO: TheStreet.com; Securities and Exchange Commission

ST: New York

IN: FIN MLM

SU: PER LAW

12/08/2000 13:40 EST prnewswire.com