Online Learning Update Ray Schroeder, editor, OTEL - University of Illinois at Springfield

Bobby Approved (v 3.2)
Tuesday, June 26, 2001

http://news.cnet.com/news/0-1007-200-6386106.html?tag=mn_hd

E-learning companies making the grade
By Rachel Konrad, Staff Writer, CNET News.com, June 26, 2001, 3:10 p.m. PT

E-learning companies continue to be teachers' pets on Wall Street, even during the economic downturn that has slapped failing grades on other technology start-ups. The sector has been outperforming companies in the broader technology industry, and many e-learning companies got another big boost this week because of positive earnings reports. "They're on fire," WR Hambrecht senior analyst Trace Urdan said Tuesday. Urdan said corporate America spends roughly $60 billion on education and training programs, while the U.S. government spends $40 billion.

"That entire $100 billion is up for grabs," Urdan said. "It's cowboy country at a very early stage....

 



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