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PARANET, INC.
1776 YORKTOWN, SUITE 300
HOUSTON, TEXAS 77056
October 2, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Application for Withdrawal of Registration Statement on Form S-1
(Registration No. 333-21517) of Paranet, Inc.
Gentlemen:
Pursuant to Rule 477 of Regulation C promulgated under the Securities
Act of 1933, as amended, Paranet, Inc. (the "Company") hereby requests that its
Registration Statement on Form S-1 (Registration No. 333-21517), originally
filed with the Securities and Exchange Commission on February 10, 1997, be
withdrawn. This application for withdrawal of such Registration Statement is
being made because the Company has sold substantially all of its assets to a
subsidiary of Sprint Corporation, and it no longer intends to proceed with the
offering of its common stock.
We would appreciate receiving the Commission's consent to the withdrawal
of the Registration Statement at your earliest convenience.
Please direct any inquiries you may have regarding the withdrawal of
such Registration Statement to Louise A. Shearer (713/229-1286) or Shanna D.
Jones (713/229-1393) of Baker & Botts, L.L.P., counsel to the Company, One Shell
Plaza, 910 Louisiana, Houston, Texas 77002.
Very truly yours,
PARANET, INC.
By: /s/ JEFF WARREN
-------------------------------------
Jeffrey G. Warren
Director of Finance
cc: Louise A. Shearer
Baker & Botts, L.L.P.
Peggy A. Fisher, Mail Stop 3-11
Steven A. Behar, Mail Stop 3-11
Securities and Exchange Commission
S. Michael Dunn
Brobeck, Phleger & Harrison LLP
