SI
SI
discoversearch

Technology Stocks : TheStreet.com, Inc. (TSCM)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: StockDung3/30/2006 11:59:25 AM
   of 1820
 
StockGate II: Gradient Analytics, Cramer Don?t See Eye-To-Eye on Rackable Systems / FinancialWire®

March 30, 2006 (FinancialWire) TheStreet.com (NASDAQ: TSCM) and Gradient Analytics may have had similar negative views on Biovail (NYSE: BVF) and Overstock.com (NASDAQ: OSTK) in the past, but the two seem to be going their separate ways lately.

March 30, 2006 (FinancialWire) TheStreet.com (NASDAQ: TSCM) and Gradient Analytics may have had similar negative views on Biovail (NYSE: BVF) and Overstock.com (NASDAQ: OSTK) in the past, but the two seem to be going their separate ways lately.

Gradient reportedly issued questions about ?quality of earnings? for Rackable Systems (NASDAQ: RACK) while TheStreet.com co-founder CNBC personality James Cramer countered that he is ?bullish? on the company?s prospects, comparing it with Dell?s (NYSE: DELL) ?build-to-order? model.

Gradient, bit by the widespread dissemination of its views by various media, some, including Cramer, under subpoena by the U.S. Securities and Exchange Commission, is no longer talking to the press. It would confirm only that a research report has been published to its subscriber base but would not ?elaborate? on the content of the report.

Under the new regime, it?s Gradient 1, Cramer 0. The shares of Rackable were down 3.72% on volume of 3,298,046, five times its average volume of 673,141 at Wednesday?s close. However, Cramer was gaining in after hours trading, with shares up 1.07% to $49.14.

For up-to-the-minute news, features and links click on financialwire.net

FinancialWire is an independent, proprietary news service of Investrend Information, a division of Investrend Communications, Inc. It is not a press release service and receives no compensation for its news or opinions. Other divisions of Investrend, however, provide shareholder empowerment platforms such as forums, independent research and webcasting. For more information or to receive the FirstAlert daily summary of news, commentary, research reports, webcasts, events and conference calls, click on investrend.com

For a free annual report on a company mentioned in the news, please click on investrend.ar.wilink.com

The FinancialWire NewsFeed is now available in multiple formats to your site or desktop, free. Click on: investrend.com

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.