Down But Not Quite Out: what can we learn from the plights of Learning Tree International and Readers Digest?
Performance Learning Productivity
AUGUST 22, 2009
They don't make pretty reading to me (despite at least one analyst upgrading LTRE to 'buy' – but analysts don't have a great track record for picking fundamental weaknesses in business models - just think back to the late-1990s first Internet bubble burst or to the more recent failure to see the business model weaknesses in the sub-prime fiasco).
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