Industry & Services >> Analyst Interviews >> March 3, 2000
GERALD R. ODENING, Managing Director of JP Morgan Securities,
joined the firm via Hambrecht & Quist in 1999 to manage the
education industry research effort. Prior to H&Q, he managed the
education service industry research effort for Salomon Smith
Barney from 1994 to 1999, and has spent over 20 years in the
securities industry. He was ranked number two in the education
services category on the 1998 Institutional Investor All-America
Research Team. He received a BA from Occidental College. His
comments on the industry have appeared in such publications as
The Chronicle of Higher Education, The Wall Street Journal,
Fortune, Forbes, Financial Times and Investor's Business Daily. Profile
TWST: Jerry, may we start with your analysis of the problems that besetthe education industry in 1999?
Mr. Odening: Sure. 1999 started out very well, but as the year
progressed we saw some