The challenges we face in the e-content environment are significant, and errors are costly. Our ability to divine the future is limited, but the prognostication diamond can help. We must examine not only those changes at the center of the diamond--that is, within higher education--but also those changes at the four connecting points of the diamond: communications technology, the communications business, e-content development, and the e-content business. By working together to share their knowledge, librarians and information technologists can ensure sufficient resources to address the issues of alternative publishing, archiving, and open access in e-content development and the e-content business and to meet the convergence and pricing challenges of communications technology and the communications business. This article discusses the following topics: The Changing Nature of Higher Education; The E-Content Prognostication Diamond; Communications Technology: Convergence; Communications Business: Pricing; E-Content Development, Part 1: Moving from Alternative to Mainstream Publishing; E-Content Development, Part 2: Archiving the Alternative Future; E-Content Development, Part 3: Open Access; E-Content Business: Alternative Publishing and Open Access; and Preparing for the Future. (Contains 26 endnotes.)