Top Ten Underwriters

Underwriter (Number of IPOs As Lead Underwriter/Number of IPOs As Lead Or Co-Manager) Gross Proceeds (M)
Chase H&Q (5/23) 1,992.00
UBS Warburg/Warburg Dillon Read (8/18) 1,811.00
CIBC World Markets (6/13) 1,469.00
Lehman Brothers Inc. (9/15) 1,402.00
S.G. Cowen Securities Corp. (4/14) 1,367.00
Deutsche Banc Alex. Brown (6/8) 1,119.00
U.S. Bancorp Piper Jaffray (2/11) 1,066.00
Robertson Stephens Inc. (5/10) 900.00
Prudential Vector Healthcare Group (1/11) 851.00
ING Barings LLC (1/8) 828.00

Full Credit To All Underwriters

Underwriter (Number of IPOs As Lead Underwriter/Number of IPOs As Lead Or Co-Manager) Gross Proceeds (M)
Pacific Growth Equities Inc. (0/7) 670.70
J.P. Morgan & Co. (5/6) 582.40
Merrill Lynch & Co. (5/5) 551.70
Morgan Stanley Dean Witter Inc. (4/4) 541.10
Bear, Stearns & Co. Inc. (3/5) 534.70
Credit Suisse First Boston (2/5) 508.60
Salomon Smith Barney (2/5) 502.20
Adams, Harkness & Hill (0/4) 491.90
Dain, Rauscher Wessels (0/5) 407.10
DLJ Direct Inc. (0/2) 287.60
Donaldson, Lufkin & Jenrette (2/2) 287.60
Thomas Weisel Partners LLC (2/4) 270.60
Fidelity Capital Markets (0/3) 254.60
KBC Securities (0/1) 244.20
Goldman, Sachs & Co. (2/2) 232.00
Stephens Inc. (0/3) 227.10
Punk Ziegel & Co. (0/1) 220.00
William Blair & Co. (0/3) 201.80
Bank of America Securities (1/2) 191.00
PaineWebber Inc. (0/2) 138.40
Goldman Sachs International (1/1) 119.10
Lazard Freres & Co. LLC (0/1) 115.90
Robert W. Baird & Co. (0/1) 111.20
Ragen Mackenzie Inc. (0/1) 100.10
George K. Baum & Co. (0/1) 100.10
Legg Mason Wood Walker (0/2) 96.40
A.G. Edwards & Sons Inc. (0/2) 93.20
Invemed Associates (0/2) 92.00
Gerard Klauer Mattison & Co. (0/1) 82.80
Tucker Anthony Cleary Gull/T.A. Inc. (0/1) 69.00
Gruntal & Co. LLC (0/1) 52.00
Roth Capital Partners (1/1) 52.00
Wit SoundView (0/1) 30.00