November 27, 1996 10:45 AM ET
Forrester prepares IPO
By PC Week Staff

As it prepares for its initial public offering, Forrester Research Inc. officials today said Forrester will sell its shares in the company at $16 apiece. The company, which is offering 2 million common shares, earlier this fall said it would price the offering between $15 and $17. In September, the computer research company, based in Cambridge, Mass., filed a registration statement for a $34.5 million initial public offering. The company, which incorporated in 1983, earned $2 million on revenues of $14.6 million in 1995. Copyright(c) 1996 Ziff-Davis Publishing Company. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Ziff-Davis Publishing Company is prohibited. PC Week and the PC Week logo are trademarks of Ziff-Davis Publishing Company. PC Week Online and the PC Week Online logo are trademarks of Ziff-Davis Publishing Company. Send mail to PC Week