By Dominic Maher, 31 October 2000 13:30
NEWS A spokesman for easyJet said the price range would be narrowed following the airlines' two-week road show across Europe and the US which starts tomorrow. He said: "We will undertake a road show and, once complete, will narrow the price on 10 November. We will then take advice from our bankers, Credit Suisse, First Boston and UBS Warburg, and set the price on 15 November when dealing starts." The spokesman claimed lessons have been learnt from the Lastminute.com fiasco, giving this as a reason why shares will be sold only to institutions. Yesterday also saw the announcement of an ASP offering by easyEverything, part of the easyGroup of companies owned by easyJet founder Stelios Haji-Ioannou, in conjunction with Microsoft. The joint venture will allow users in the Time Square café to access Office 2000, Works Suite 2001 and Encarta 2001 for as little as $1.50. James Rotherney, spokesman for the easyGroup of companies, said: "The first cafe to offer the service will be New York. It will then be rolled out in other US cities. If successful we envisage the model being deployed in Europe sometime next year." The opening ceremony will be conducted by Carly Fiorina, CEO of Hewlett-Packard, on 28 November.
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