What the learning odyssey and ChildU brings to the table or other e-learning type capabilities is if you can work on the computer at your own pace on an individualized basis, still with the classroom now, you could sort of participate and maybe for other reasons you're not participating, but now you are. But e-learning is still a new and untested concept on Wall Street. But most, like Riverdeep, are trading at or near their lows, as are many other Internet content companies these days. Still, analysts think the group has plenty of promise. The market is huge and school systems typically would sign multiyear contracts for these services.
Analysts say that means ongoing predictable revenues.
But e-learning companies must first show that school systems will buy the product. We are at an early stage. We're growing very quickly with regard to e-learning in K through 12 and I believe it's going to be the next big thing on the Web. America Online one of the latest to make an entrance into Internet content for the classroom. Analysts say the field is still wide open, though, and companies are eager to grab market share.