By Tony Hallett, 11 April 2000 14:45
NEWS SAS Institute is once again rumoured to be readying itself for an IPO. The privately held software company recently posted its first billion dollar year, but its notoriously low annual staff turnover rate has slipped - from three to five per cent - and offering stock options could be a solution. Speculation about SAS going public regularly rears its head. However, Jim Goodnight, CEO, is this week reported to have said at a user conference that his company is "getting closer" to investment bank Goldman Sachs, which could handle a flotation.
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