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CCNY'S INDEPENDENT STUDENT NEWSPAPER   MAY 2000 VOLUME 2, NUMBER 5

Investor’s Alert:
New Opportunities at CUNY!
By Bill Crain

As a free preview of my new “Inside Tips” finance newsletter, I’d like to tell you about exciting new investment opportunities at CUNY.

Sure, CUNY is a public university, but get this:

On April 24, the CUNY trustees adopted a resolution inviting private firms to bid for the takeover of some of CUNY’s remedial instruction. CUNY’s own faculty has a national reputation for excellence in the field, but reputations alone won’t deter these forward-looking, free-enterprise trustees! Stay tuned to learn who wins the remediation contract.

At CUNY’s April 13 Manhattan Borough Hearing, McDonalds was enthusiastic about its initial CUNY venture, which enables ESL students at BMCC to learn valuable English language skills while earning money as fast-food employees. Looks like more profits ahead for this ever-expanding blue-chip.

At the same hearing, ACT, the company that won the contract to create CUNY’s new placement exams, announced its desire to expand its ties to the university! Word has it that ACT has already demonstrated admirable cost-efficiency tactics by delivering off-the-shelf tests instead of the custom-made exams CUNY anticipated.

Heard enough?

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