Industry & Services >> Analyst Interviews >> June 20, 2005

INVESTING IN EDUCATION: AN OVERVIEW: R.CRAIG / J.HERMAN – LEGG MASON WOOD WALKER INC

TWST: Let's start out with the K-12 space and work up. What's going on

in that space at this point?

Mr. Craig: Let me give you an overview here. First, most important,

state fiscal health