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Technology Stocks : Perot Systems (PER) -- Ignore unavailable to you. Want to Upgrade?

To: phil davidson who wrote (26)	2/1/1999 1:00:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 542

Perot Systems IPO price range raised-underwriter Monday February 1, 12:06 pm Eastern Time Perot Systems IPO price range raised-underwriter NEW YORK, Feb 1 (Reuters) - The expected price range for the initial public offering of Perot Systems, the information technology provider led by one-time presidential hopeful Ross Perot, was raised to $15 to $16 from $13 to $14, lead underwriter Morgan Stanley Dean Witter said Monday. Late last week, the underwriter had raised the expected price range from $11 to $12. The Dallas-based company's offering of 5.5 million shares is expected to price late Monday. Perot Systems, which competes with firms such as Andersen Consulting and EDS Corp.(NYSE:EDS - news), has been around for a while and has already created a history for itself, unlike some of the relatively new Internet IPOs that have hit the market, analysts said. Perot Systems earned $9.1 million on $452.7 million of revenues for the first half of 1998. -------------------------------------------------------------------------------- More Monday February 1, 12:06 pm Eastern Time Perot Systems IPO price range raised-underwriter NEW YORK, Feb 1 (Reuters) - The expected price range for the initial public offering of Perot Systems, the information technology provider led by one-time presidential hopeful Ross Perot, was raised to $15 to $16 from $13 to $14, lead underwriter Morgan Stanley Dean Witter said Monday. Late last week, the underwriter had raised the expected price range from $11 to $12. The Dallas-based company's offering of 5.5 million shares is expected to price late Monday. Perot Systems, which competes with firms such as Andersen Consulting and EDS Corp.(NYSE:EDS - news), has been around for a while and has already created a history for itself, unlike some of the relatively new Internet IPOs that have hit the market, analysts said. Perot Systems earned $9.1 million on $452.7 million of revenues for the first half of 1998. -------------------------------------------------------------------------------- More