New IPO Offerings for the Week of March 03, 1997

On March 03, 1997, AmeriTrade Holding Corporation of Omaha, NE (AMTD) offered 2,350,000 Class A Common Shares on the NASDAQ-National Market at $15.000 through CS First Boston. The company is a technology and service driven provider of discount securities brokerage and related financial services. The company provides retail brokerage services to individual investors throughout the U.S., using the Internet and Stockbrokers. The proceeds from the proposed offering will be used to retire the company's existing debt, to expand the company's customer base through marketing activities and for other general corporate purposes. Expenses of the offering were $920,000.

On March 07, 1997, ATL Products, Inc. of Anaheim, CA (ATLPA) offered 1,650,000 Class A Common Shares on the NASDAQ-National Market at $11.000 through Montgomery Securities. The company designs, manufactures, markets and services automated magnetic tape libraries used to mange, store, and transfer data in networked computing environments. The proceeds from the proposed offering will be used for the repayment of certain indebtedness to Odetics and for general corporate purposes, including working capital. After the offering, the company will have 9,655,000 shares outstanding. Expenses of the offering were $575,000.

On March 03, 1997, Aviation Distributors Incorporated of Irvine, CA (ADIN) offered 1,200,000 Common Shares on the NASDAQ-National Market at $5.000 through Cruttenden Roth Incorporated. The company is a supplier of new and used aircraft parts to major airlines worldwide. The proceeds from the proposed offering will be used to repay amounts outstanding under the company's line of credit and for general corporate purposes, including working capital. After the offering, the company will have 3,000,000 shares outstanding. Expenses of the offering were $710,000.

On March 05, 1997, Complete Business Solutions, Inc. of Farmington Hills, MI (CBSL) offered 2,500,000 Common Shares on the NASDAQ-National Market at $12.000 through Donaldson, Lufkin & Jenrette Securities Corp. The company is a worldwide provider of information technology services to large and mid-size organizations. The proceeds from the proposed offering will be used for repayment of existing debt; payment of undistributed S Corporation earnings; expansion of existing operations, including the company's offshore software development operations, development of new service lines and possible acquisitions of related businesses; and general corporate purposes, including working capital.

On March 06, 1997, Emcore Corporation of Somerset, NJ (EMKR) offered 2,500,000 Common Shares on the NASDAQ-National Market at $9.000 through Donaldson, Lufkin & Jenrette Securities Corp. The company is a leading designer and developer of compound semiconductor materials, such as gallium arsenide, and process technology and a leading manufacturer of production systems used to fabricate compound semiconductor wafers. The proceeds from the proposed offering will be used to repay outstanding debt, expand manufacturing facilities and for other general corporate purposes.

On March 06, 1997, Euronet Services, Inc. of Budapest, Hungary (EEFT) offered 5,300,000 Common Shares on the NASDAQ-National Market at $13.500 through ING Baring (U.S.) Securities, Inc. The company operates the only independent, non-bank owned automatic teller machine network in Central Europe, as a service provider to banks and other financial institutions. The proceeds from the proposed offering will be used implement the company's strategy of expanding its independent ATM network in Hungary, Poland, Germany and other Central European markets and for general corporate purposes. After the offering, the company will have 13,729,560 shares outstanding. Expenses of the offering were $1,255,000.

On March 03, 1997, Freepages Group PLC of Oxford, United Kingdom (FREYV) offered 5,000,000 American Depositary Receipts on the NASDAQ-National Market at $15.390 through Morgan Stanley & Co. Incorporated. The company provides information by telephone and over the Internet. The proceeds from the proposed offering will be used to fund strategic joint ventures and acquisitions, to establish a second national Call Center and a new London field and telesales office, to continue the upgrade of its information technology and content and for general corporate purposes. After the offering, the company will have 24,206,337 shares outstanding. Expenses of the offering were $2,500,000.

On March 07, 1997, Kos Pharmaceuticals, Inc. of Miami, FL (KOSP) offered 4,150,000 Common Shares on the NASDAQ-National Market at $15.000 through Cowen & Company. The company is engaged primarily in the development of proprietary prescription pharmaceutical products for the treatment of certain chronic cardiovascular and respiratory diseases. The proceeds from the proposed offering will be used for research and development, recruitment of a sales force for the anticipated commercial launch of NIASPAN, repayment of all or a portion of a loan from Kos Investments, Inc., working capital and other general corporate purposes. Expenses of the offering were $600,000.

On March 05, 1997, Nationwide Financial Services, Inc. of Columbus, OH (NFS) offered 20,540,000 Class A Common Shares on the New York Stock Exchange at $23.500 through CS First Boston. The copmany is a leading provider of long-term savings and retirement products to retail and institutional customers throughout the United States. The proceeds from the proposed offering will be used to contribute to the capital of Nationwide Life and for general corporate purposes. Expenses of the offering were $1,849,000.

On March 04, 1997, Riviera Tool Company of Grand Rapids, MI (RTC) offered 1,010,000 Common Shares on the American Stock Exchange at $7.000 through National Securities Corp. The company designs, develops and manufactures custom large scale metal stamping die systems used in the high speed production of sheet metal stamped parts and assemblies for the automobile industry. The proceeds from the proposed offering will be used for the reduction of financial institution debt, to acquire fixed assets, retirement of all outstanding 8% Cumulative Preferred Stock, and for general corporate purposes. After the offering, the company will have 2,560,000 shares outstanding. Expenses of the offering were $639,437.

On March 04, 1997, Zindart Ltd. (ZNDTY) offered 1,500,000 American Depositary Receipts on the NASDAQ-National Market at $10.000 through Van Kasper & Company. The company manufactures die cast action figures and holiday ornaments and toys to companies such as Hallmark Cards, Inc. and Ertl Company. The proceeds from the proposed offering will be used for construction of new facilities; debt repayment; capital expenditures; sales and marketing offices and general corporate purposes. Expenses of the offering were $1,300,000.

Last updated: 3/19/97

Disclaimer: The information herein was obtained from various sources; IPO Data Systems, Inc. does not guarantee its accuracy. The information provided does not constitute a buy or sell recommendation.