By Elliot Spagat, Wall Street Journal
October 1, 2002

PLANO, Texas — Electronic Data Systems Corp. said it would pare
expenses to reflect softness in the computer-services industry that
may last well into next year.

"Specific actions include a companywide reduction in overhead costs, a
reprioritization of sales expenditures and initiatives to address
underperforming assets," said Richard H. Brown, chairman and chief
executive. He didn't elaborate in a letter to shareholders sent
Monday.

A company spokesman on Monday said there was no specific information
available regarding the company's plan but did say that EDS' previous
announcement that it planned to sell its subscription fulfillment
business in Louisville — where 800 people work — has yielded about 20
interested companies.
=================================================================
The question is who are the current companies/investors who have
placed known bids to buy EDS' subscription services brach and what are
the amounts of the bids to date (please state proven source for known
data/answer).

The former Neodata business unit of EDS was purchased in 1997 for
$277M (including the assumption of debt).  It still employs about 800
people in Louisville, CO and another 650 in Longmont, CO.

It's highly likely that the sale is being handled via an investment
banker and little data will be available publicly until the
announcement of an agreement to sell.

Dear Bell --

It appears that there has been some industry speculation on potential
buyers in Direct Marketing News.  It's believed that CDS, Palm Coast
and Kable Fulfillment Services are all believed to be interested. 
Yesterday's DM News article is here:
http://www.dmnews.com/cgi-bin/artprevbot.cgi?article_id=21682

Best regards,

Omnivorous-GA