Ben:
Did you happen to see an article in Business Week, August 4, 1997
titled "Professor Milken's Lesson Plan?"
The article reveals junk bond king Michael Milken's foray into educational software, tech consulting, and training. Seems Milken has quietly launched a new company, Knowledge Universiity, and has aquired or invested in a collection consulting, training, and kids educational products companies that already total $600 million in sales. It further states that Milken's plan is for Knowledge University to be the leading brand in the fast growing business of educational products and services. Miliken, who has an estimated worth of $500 million has backed Knowlege University with $125 million of his own money. That's a good sized bet from a very astute investor.
It's almost staggering to think of $600 million in sales and apparently growing, compared to HTSF's modest annual $ 1 M revenue. I may be out of bounds , but would Miliken be interested in HTSF? Would HTSF be interested in Knowlege University? Nothing ventured, nothing gained!
The article also quotes a Stan Lepeak of META Group, "We are suffering a chronic shortage of high tech professionals right now. You would have to be an idiot to lose money in the knowlege market over the next few years."
If you haven't seen the article or can't locate it I would be happy to fax it to you. Let me know!
With continuing high regards for the potential of HTSF, thanks for keeping us informed.
Howard |
