| Underwriter (Number of IPOs As Lead Underwriter) | Percentage Change In Stock Price Post-IPO to Year-End |
| Salomon Smith Barney (2) | 82 |
| Merrill Lynch & Co. (5) | 57 |
| Prudential Vector Healthcare Group (1) | 50 |
| Deutsche Banc Alex. Brown (6) | 30 |
| Credit Suisse First Boston (2) | 30 |
| Thomas Weisel Partners LLC (2) | 24 |
| Morgan Stanley Dean Witter (4) | 23 |
| Lehman Brothers Inc. (9) | 11 |
| Donaldson, Lufkin & Jenrette (2) | 9 |
| Goldman, Sachs & Co. (2) | 7 |
II. Other Underwriters of 2000's Initial Public Offerings
Full Credit To Lead Underwriter
| Underwriter (Number of IPOs As Lead Underwriter) | Percentage Change In Stock Price Post-IPO to Year-End |
| UBS Warburg/Warburg Dillon Read LLC (8) | 5 |
| Bank of America Securities (1) | 2 |
| Roth Capital Partners (1) | 1 |
| J.P. Morgan & Co. (5) | 0.20 |
| CIBC World Markets (6) | -5 |
| Robertson Stephens Inc. (5) | -9 |
| U.S. Bancorp Piper Jaffray (2) | -9 |
| Chase H&Q (5) | -14 |
| ING Barings LLC (1) | -14 |
| Bear, Stearns & Co. Inc. (3) | -20 |
| S.G. Cowen Securities Corp. (4) | -36 |
| Goldman Sachs International (1) | -58 |