Net revenues from continuing operations for the fourth quarter of 2000 totaled $6.3 million, a 23% increase compared to fourth quarter 1999 revenues of $5.1 million. The Company reported a net loss of ($5.6) million, or ($0.20) per share, in the fourth quarter of 2000, compared with a net loss of ($9.1) million, or ($0.36) per share in the fourth quarter of 1999.

For the full year of 2000, net revenues totaled $23.3 million, a 63% increase over full year 1999 revenues of $14.3 million. The Company reported a consolidated net loss for the year 2000 of ($40.6) million, or ($1.55) per share before preferred dividends, compared with a net loss of ($28.4) million, or ($1.35) per share reported for full year 1999.

During the fourth quarter, TheStreet.com closed its U.K. operation and embarked on a domestic restructuring plan, which was rooted in the Company's previously announced goal to cut costs and drive toward becoming cash flow positive by the second half of 2001. Therefore, TheStreet.com recorded a one-time restructuring charge of $17.6 million for, among other things, severance relating to staff layoffs, the closing of the Company's joint venture with The New York Times, the write-off of certain assets and the elimination of certain marketing and technology contracts. Furthermore, the Company recorded a $1.0 million charge representing the loss on disposal of its U.K. discontinued operations, which accounted for ($11.2) million of TheStreet.com's consolidated net losses in 2000.

Stated Thomas J. Clarke, CEO, "As we previously announced, during the fourth quarter, we had to make some tough decisions about our business and took measures to cut all unprofitable initiatives. We said that we would maintain a laser like focus on costs and that we would grow top line revenue and explore ways to leverage our content across different platforms. To this end, we used a portion of our cash reserves to acquire SmartPortfolio.com, a profitable financial email newsletter business and, with Doubleday, published TheStreet.com's first investing book, "TheStreet.com's Guide to Smart Investing in the Internet Era," which is already in its second printing and ranked as high as no. 1 on Amazon.com's non-fiction best seller list.

Average monthly number of unique visitors to TheStreet.com's web sites during the fourth quarter of 2000 was 3.3 million, an increase of 65% compared with 2 million unique visitors in the fourth quarter of 1999, and a sequential increase of 14% compared with 2.9 million unique users in the third quarter of 2000. Media Metrix reported that TheStreet.com recorded its highest unique user numbers for the year during the month of October.

Total overall number of page views for the fourth quarter was 160 million - an increase of 127% from 71 million in the fourth quarter of 1999, and a sequential increase of 37% from the third quarter of 2000. In the month of October, TheStreet.com experienced a record, with over 59 million page views.

Clarke continued, "There is a perception that investors flock to online financial news sites only in bull markets. At a time where the financial markets have been anything but bullish, our content has distinguished itself in its unique ability to provide a compelling analysis of market conditions, which, in turn, has driven record metrics for our business in the fourth quarter."

TheStreet.com also reported that, in conjunction with the closing of its joint venture with The New York Times in November 2000, effective immediately, Michael Golden, Vice Chairman and Senior Vice President of The New York Times, has stepped down from the Board of Directors of TheStreet.com. The Company also announced that on January 25, 2001, Douglas McIntyre, CEO and President of On2.com, was appointed to the Board of TheStreet.com.

TheStreet.com will conduct a conference call today, February 8, at 11:00 a.m. ET to discuss these results. The Company welcomes all interested parties to listen to the Web cast of its call at:

http://www.thestreet.com/tsc/ir/conferencecalls.html

About TheStreet.com
TheStreet.com, Inc. (Nasdaq: TSCM ) is a leading provider of original, timely and comprehensive financial news and commentary - through its network of free and subscription-based sites, and through conferences, books, and wireless and broadband initiatives. TheStreet.com Network includes the free TheStreet.com site for individual investors of all experience levels and three subscription-based satellite sites: RealMoney.com for active investors; ipoPros.com for IPO investors; and TheStreetPros.com for investment professionals. TheStreet.com brand is built on its best-in-class editorial team of experienced financial journalists based in the United States, and commentators throughout Europe and Asia.

Statements contained in this news release not related to historical facts may be deemed forward-looking statements as that term is define in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties (described in the Company's SEC filings) which could cause actual results to differ.