  We deform the Ravenel-Wilson computation of the Morava K-homology of
Eilenberg-Mac Lane spaces to obtain a similar description of their completed
Morava E-homology. This yields both a cohomological description and an
interpretation on the level of formal schemes: the scheme associated to the
E-cohomology of the space K(Z/p^infty, q) is the qth exterior power of the
p-divisible group associated to the versal infinitesimally deformed formal
group over Lubin-Tate space.
