TheStreet Bullish on Future

August 4, 2007


From “’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. 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.”


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