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Stocks D / Docent, Inc.
|Subject: Potential||Date: 2/16/2001 4:50 PM|
|Author: nolte||Number: 3 of 12|
Doesn't seem to be much interest here..in any event here goes... I've read a couple of interesting articles re: this firm. This firm is an early leader in the on-line coporate and collegiate training/education market.
In Red Herring I found:
THE HERRING TAKE: Docent has assembled a healthy client base of big-name companiesand has quietly maintained an ability to deliver new products and perform in a growing market. Like its peers, Docent needs to have an eye on profitibility to survive the inevitable consolidation of the sector..........
...and Forbes - ASAP issue "Ramp Champs" article... (link- www.forbes.com/asap/2001/0219/094.html)
This article was Forbes 2nd annual survey of the fastest-growing technology companies and Docent was # 7 among the Top 20.
Here are some #'s"
2000 FY estimated revenues: $9.9 million
2000 FY estimated revenue growth: 1,152%
2000 stock market performance: -52%
2001 FY estimated revenue growth: 301%
Docen ti s considered an early leader in the growing $1.2 billion e-learning market, which "they" say should "hit nearly $14 billion by 2003". Docent has signed up big names such as HP and Nike among their total of 110 clients.
Cheers and have a great weekend!
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