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EXHIBIT 5.1
WILSON SONSINI GOODRICH & ROSATI
Professional Corporation
650 Page Mill Road
Palo Alto, California 94304-1050
Telephone: (650) 493-9300 Facsimile: (650) 493-6811
September 8, 2000
Peregrine Systems, Inc.
3611 Valley Centre Drive
San Diego, California 92130
Ladies and Gentlemen:
We have examined the Registration Statement on Form S-3 to be filed by you
with the Securities and Exchange Commission on September 8, 2000 (the
"Registration Statement"), in connection with the registration under the
Securities Act of 1933, as amended, of 2,691,440 shares of your common stock
(the "Shares"), all of which are authorized and have been previously issued in
connection with the acquisition by Peregrine Systems, Inc. ("Peregrine") of the
entire issued share capital of Loran Network Holding Corporation Inc. pursuant
to an amalgamation transaction effected under applicable Canadian law and a
contemporaneous share exchange transaction with certain of Loran's former
shareholders (the "Loran Acquisition"). The Shares are to be offered by the
selling stockholders for sale to the public as described in the Registration
Statement. As your counsel in connection with this transaction, we have examined
the proceedings taken and proposed to be taken in connection with the sale of
the Shares.
It is our opinion that, upon completion of the proceedings being taken or
contemplated to be taken prior to the registration of the Shares, including such
proceedings to be carried out in accordance with the securities laws of the
various states, where required, the Shares, when sold in the manner described in
the Registration Statement, will be legally and validly issued, fully paid and
nonassessable.
We consent to the use of this opinion as an exhibit to the Registration
Statement, and further consent to the use of our name wherever appearing in the
Registration Statement, including the prospectus constituting a part thereof,
and any amendment thereto.
Very truly yours,
/s/ WILSON SONSINI GOODRICH & ROSATI
WILSON SONSINI GOODRICH & ROSATI
Professional Corporation
