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eCollege's Mixed Report Card
By Tom Taulli
May 12, 2005

It seems like a perfect combination: education and the Internet. Yet for some e-learning companies, it has been quite difficult. Take a look at SkillSoft (Nasdaq: SKIL). Despite a strong product offering and customer base, the stock has floundered.

Another one experiencing difficulties is eCollege (Nasdaq: ECLG). After hitting a 52-week high of $18.18, the stock is now at $9.07.

Yesterday, the company released its quarterly report. The company tallied a record $23.8 million in first-quarter revenue, up 21% from the same period in 2004...

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