Underwriter (Number of IPOs As Lead/Number of IPOs As Lead Or Co-manager)

Gross Proceeds (M)

Chase H&Q (4/20)

$1,798.8

UBS Warburg/Warburg Dillon Read LLC (7/13)

$1,408.8

Lehman Brothers Inc. (6/11)

$1,122.7

S.G. Cowen Securities Corp. (2/10)

$1,099.1

Deutsche Banc Alex. Brown (5/7)

$1,062.9

CIBC World Markets (4/8)

$903.7

Robertson Stephens Inc. (5/9)

$860.3

U.S. Bancorp Piper Jaffray (1/8)

$807.4

Credit Suisse First Boston (3/6)

$728.6

Prudential Vector Healthcare Group (1/8)

$605.0

ING Barings LLC (1/5)

$548.7

J.P. Morgan & Co. (4/5)

$544.4

Salomon Smith Barney (2/5)

$502.2

Pacific Growth Equities Inc. (0/5)

$481.0

Bear, Stearns & Co. Inc. (2/4)

$454.7

Adams, Harkness & Hill (0/3)

$411.9

Morgan Stanley Dean Witter (2/2)

$409.0

DLJ Direct Inc. (0/2)

$287.6

Donaldson, Lufkin & Jenrette (2/2)

$287.6

Merrill Lynch & Co. (2/2)

$256.1

KBC Securities (0/1)

$244.2

Goldman, Sachs & Co. (2/2)

$232.0

Dain, Rauscher Wessels (0/3)

$225.8

Punk Ziegel & Co. (0/1)

$220.0

Thomas Weisel Partners LLC (1/3)

$211.7

Bank of America Securities (1/2)

$191.0

Fidelity Capital Markets (0/2)

$174.1

William Blair & Co. (0/2)

$150.3

Stephens Inc. (0/2)

$127.1

Lazard Freres & Co. LLC (0/1)

$115.9

Robert W. Baird & Co. (0/1)

$111.2

PaineWebber Inc. (0/1)

$101.6

Invemed Associates (0/2)

$92.0

Gerard Klauer Mattison & Co. (0/1)

$82.8

Tucker Anthony Cleary Gull/T.A. Inc. (0/1)

$69.0

A.G. Edwards & Sons Inc. (0/1)

$55.2

Gruntal & Co. LLC (0/1)

$52.0

Roth Capital Partners (1/1)

$52.0

Legg Mason Wood Walker (0/1)

$40.3

With SoundView (0/1)

$30.0

* The offerings in this chart include only those that were completed on U.S. stock exchanges (NASDAQ, NYSE or AMEX) from January - August 2000. Gross proceeds include additional funding raised from the exercise of overallotment options, when disclosed.

# After-market performance is expressed as the percent change in stock price between the offering price and the closing price on 8/31/00. For underwriters with multiple offerings, the after-market performance (as a percent change) was calculated for each stock in that underwriter's "group," the percentage summed, and then averaged.

No Comments