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eCollege Opens its Books
By Rich Smith
August 5, 2005

Props to fellow Fool Rick Munarriz -- he called it right on (Nasdaq: ECLG). Yesterday, Rick noted the high level of short interest in this little purveyor of online educational support services, and mentioned that the company was expected to take a hit upon reporting earnings last night.

Well, it did (report earnings). And it did (take a hit today)...
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