TheStreet Bullish on Future

August 4, 2007

 

From TheStreet.com: “’Over the next few months, there is just a huge amount of money to be made owning technology stocks … and I don’t want you sitting on the sidelines,’ Jim Cramer told viewers of his ‘Mad Money’ TV show Wednesday.” The hyperkinetic Cramer could have been talking about TheStreet, which reported slightly higher second quarter profits. 

 The Associated Press reports (via Forbes): “Not counting stock-compensation expenses of $500,000, the company said net income rose to 14 cents per share from 13 cents a year ago. TheStreet.com said revenue rose in each of its three categories: subscription, advertising and other, which primarily includes syndication revenue. Advertising revenue rose by nearly half, and syndication revenue almost tripled.”

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: