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Non-Tech : James Cramer -- Ignore unavailable to you. Want to Upgrade?


To: Stocker who wrote (574)5/23/1999 11:45:00 AM
From: Adam Weiner  Read Replies (1) | Respond to of 766
 
>> Barron's is quickly becoming irrelevant in an online world

Well, as of 1/1/99, WSJ/Barrons had 266,000 online subscribers, paying $59/year (online edition only) or $29/year (if they already subscribe to the print edition). Hardly irrelevant. This compares to TSC's 51,000 subscribers as of 3/99, some (many?) of which signed up after being offered 1 year free (or 1/2 their first year's subscription) or from some other incentive. WSJ and TSC obviously compete with each other, so kind words from either party aren't to be expected.

I like TSC myself (sans Cramer), but I seriously doubt that they'll ever approach the prominence of WSJ or Barrons. I mean, when a company wants to leak a big piece of information (like a takeover), do you think they'll ever call TSC instead of WSJ? It's just not going to happen. This is why subscribing to WSJ is an absolute necessity for investing, while TSC is not (yet).

TSC has some good reporters, but it's no WSJ. WSJ is on par with the NY Times - the two are the most highly respected publications in this country and possibly around the world. Online or not, it takes a publication many years of solid journalism to build this kind of trust and reverence. And I think Cramer's antics will preclude that from ever happening for TSC.

>> Barron's is old school - they don't think much of short-term investing

Barrons is certainly stoic. But my guess is it will be around long after TSC looses its unique appeal. I doubt TSC will last through the next major bear market (the publication - I have no opinion of the stock itself).