Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: B. A. Marlow who wrote (5664)	5/16/1999 8:57:00 PM
From: out_of_the_loop	Read Replies (1) \| Respond to of 28311

Mr. Marlow: If your purpose in your post was to embarrass the venerable New York Times, catch them with their hand in the cookie jar and show them to be hypocrites, then by Jove, you have succeeded. Good show. An excerpt of your link: from Will success spoil TheStreet.com? By John E. Fitzgibbon Jr. Red Herring Online May 14, 1999 The stock market value of TheStreet.com (Nasdaq: TSCM) zoomed from nothing to almost $2.0 billion in a single day when Goldman Sachs (NYSE: GS), Hambrecht & Quist (NYSE: HQ), and Thomas Weisel Partners offered the IPO to investors. LOVED BY OLD MEDIA TheStreet.com is a leading financial news service provider in the exploding Internet industry, but that's nothing new or unique. In fact, the company faces many competitors -- larger, better financed, and better known companies such as Reuters (Nasdaq: RTRSY), Dow Jones (NYSE: DJ), and Bloomberg. Nevertheless, TheStreet.com has a few things going for it. First is its cofounder and Wall Street guru James Cramer, a widely acclaimed investment strategist whose voice ricochets around the canyons of Wall Street and the chat rooms of the Internet. Second, it has alliances with major media companies. The New York Times (NYSE: NYT) issued a vote of confidence in Mr. Cramer by buying over 1.6 million shares of TheStreet.com for $15 million in February 1999 Q.E.D. Self-serving bastards! Nice analysis (yours).

To: B. A. Marlow who wrote (5664)	5/16/1999 9:56:00 PM
From: Sarkie	Respond to of 28311

Superb rebuttal!

To: B. A. Marlow who wrote (5664)	5/16/1999 10:08:00 PM
From: Josef Svejk	Respond to of 28311

mailto:letters@nytimes.com

To: B. A. Marlow who wrote (5664)	5/16/1999 11:01:00 PM
From: Sleeper	Read Replies (2) \| Respond to of 28311

BAM: what a SUPERB analysis of the NYT "article"! Perhaps, in the interest of fairness and even handedness, the NYT should agree to publish your rebuttal en toto. Of course, such things do not sell newspapers nearly as well as sensational journalism does; perhaps that's why the "dead tree" folks are getting desperate. I have sincere doubts about their viability in a real time, interactive environment! Further, by failing to issue a disclaimer concerning their position in TheStreet.com, the NYT has set it self up for criticism of it's own questionable ethics. I for one would like to know how much the NYT has made off it's investment in TheStreet.com YTD. Josef's idea of e-mailing the NYT is a good one, and I for one will ask them the above question. Hope other people do to. BAM, your input on this Board has been invaluable. On behalf of all of us who read and also input here, my sincerest thanks. Sleeper