Industry & Services >> Analyst Interviews >> March 24, 2003

Educational Services Stocks: Trace Urdan – Thinkequity Partners

Trace A. Urdan, a Principal in the San Francisco office of ThinkEquity Partners, covers the knowledge enterprise group for the research-centered investment boutique. For 2001 he was named one of the top five 'Best on the Street' analysts in the consumer services sector by The Wall Street Journal. He also edits a weekly newsletter, Knowledge Notes, which reviews news and events in the broadly-defined education market. He is a frequent contributor to various business and industry publications and speaks frequently on the topic of e-learning. Before joining ThinkEquity, he was a Managing Director at WR Hambrecht + Co., covering education and e-learning stocks. Prior to joining WR Hambrecht + Co, he covered the education and publishing industries at Deutsche Banc Alex. Brown where his research team was ranked All American in education by Institutional Investor magazine for two consecutive years. Prior to that time, he was the Chief Financial Officer of a $300 million division of KPMG Peat Marwick and before that, he ran the business operations for Time magazine in Asia, based in Hong Kong. He holds an MBA from Harvard University and a BA from Yale University. Profile
TWST: Tell us how the education and e-learning stocks have done

over the past year.

Mr. Urdan: I look at a range of companies across the 'educational

services sector.' They break down broadly