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ITT Educational Services Inc. Message Board

  • rndyjensen rndyjensen Feb 8, 2009 12:28 PM Flag

    << 25 billion cut from education in Senate stimulus bill

    This will hurt the educational stocks come Monday morning Feb. 9th, alot of this move was because the education part of the stimulus was so generous. Now with a cut of 25 billion by the Senate it will have and adverse effect on all the educational stocks with ESI taking a larger hit than most because of the amount of money it will not get for new student allowance, this security should trade down to the 100--110 area in the short term, thats all.

    Good luck to all.

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