| Ticker: FORR | 1033 Massachusetts Avenue | |
| Exchange: NASDAQ-National Market | Cambridge, Massachusetts 02138 | |
| Industry: Service | (617) 497-7090 |
| Type of Shares: | Common Shares | Filing Date: | 9/26/96 | |
| U.S. Shares: | 2,000,000 | Offer Date: | 11/26/96 | |
| Non-U.S. Shares: | 0 | Filing Range: | $13.00 - $15.00 | |
| Primary Shares: | 2,000,000 | Offer Price: | $16.00 | |
| Secondary Shares: | 0 | Gross Spread: | $1.12 | |
| Offering Amount: | $28,000,000 | Selling: | $0.61 | |
| Expenses: | $950,000 | Reallowance: | $0.10 | |
| Shares Out After: | 8,000,000 |
| Manager | Tier | Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-1172 |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 6/30/96 | 6/30/95 | 6/30/96 | ||
| Revenue: | $10.15 | $7.77 | $4.39 | Assets: | $19.91 |
| Net Income: | $1.29 | $0.75 | $0.32 | Liabilities: | $16.87 |
| EPS: | $0.20 | $0.12 | Equity: | $3.04 | |
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is a leading independent research firm offering products and services that help its clients assess the effect of technology on their businesses. The company provides analysis and insight into a broad range of technology areas such as computing, software, networking, the Internet, and telecommunications, and projects how technology trends will impact businesses, consumers, and society. The company's clients, which include senior management, business strategists, and information technology professionals within large enterprises, use the company's prescriptive research to understand and benefit from current developments in technology and as support for their development and implementation decisions. The company offers its clients annual memberships to any of its 10 research services. Each research service focuses on a particular area of technology and explores business issues relevant to clients' decision-making. These issues include the impact that the application of technology may have on financial results, investment priorities, organizational effectiveness, and staffing requirements. The company also provides advisory services to a limited number of clients to help them explore in greater detail the topics covered by the core research. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used for working capital and other general corporate purposes including possible acquisitions. |
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