EDS shares could be ready to rise - Barron's

Newswire

NEW YORK, Oct 30 (Reuters) - After cutting costs, boosting margins and winning new business, Electronic Data Systems Corp. may soon see its stock price move up, according to an article in Barron's magazine. Contract signings in the third quarter may likely have neared $5 billion, up more than 50 percent from an earlier year and on target to meet its goal of $20 billion in bookings for the year, Legg Mason analyst William Loomis told Barron's. After nearly imploding in the years after the ...

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