IPO Week In Review for 12/10/2001 - 12/14/2001
News & Notes
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Market Recap
Analysts comments about the market these days remind me of Roadrunner cartoons where the coyote runs off the edge of the cliff, running in midair till he realizes there's nothing holding him up, and down he goes. Luckily for the indexes, it was more like a speed bump than a cliff, but about the same thing happened last week. The rally lacked the fundamental information to support all the buying, so we went splat. But just a little bit. And we finished Friday on an upswing, so maybe there's a rally on its way this week. The indices finished with some narrow gains Friday, percentage wise, but gains nonetheless. The Dow closed up about 45 points at 9,811 and the NASDAQ inched up about 7 points at 1,953. The S&P; 500 index rose 3.7 points to 1123.
Select Filings - More Filings...
Proposed
Ticker
File Date Issuer Name Offer Size Lead Manager
RESB12/14/2001Reserve Bancorp, Inc.$6,037,500Trident Securities, Inc.
- - 12/14/2001Willow Grove Bancorp, Inc.$51,750,000Keefe, Bruyette & Woods, Inc.
Select Offerings - More Offerings...
Ticker Offer Date Issuer Name Offer Price Total Shares Lead Manager
RMK12/10/2001ARAMARK Worldwide Corp.$23.0030,000,000Goldman, Sachs & Co.
NSCN12/11/2001NetScreen Technologies, Inc.$16.0010,000,000Goldman, Sachs & Co.
PRU12/12/2001Prudential Financial, Inc.$27.50110,000,000Goldman, Sachs & Co.
Select Deals in the Pipe - More Upcoming Deals...
Proposed
Ticker
File Date Issuer Name Filing Range Total Shares Lead Manager
PCN10/18/2001PIMCO Corporate Income Fund$15.004,000,000Salomon Smith Barney
Top 3 Weekly IPO Price Performers - More Top Performers...
Offer Date Symbol Issuer Name Offer Price Closing price
last week
Closing price
this week
% Chg
from Offer
Weekly
% Chg
5/1/2001BRZZBRIAZZ, Inc.$8.00$0.73$0.91- 88.62%24.66%
11/19/2001LAVAMagma Design Automation, Inc.$13.00$20.00$22.8475.69%14.20%
6/7/2001USPIUnited Surgical Partners International, Inc.$14.00$16.56$18.8534.64%13.83%
Bottom 3 Weekly IPO Price Performers
Offer Date Symbol Issuer Name Offer Price Closing price
last week
Closing price
this week
% Chg
from Offer
Weekly
% Chg
2/5/2001ATPGATP Oil & Gas Corporation$14.00$4.70$2.93-79.07%- 37.66%
8/6/2001OMCLOmnicell, Inc.$7.00$9.54$8.0014.29%- 16.14%
5/17/2001GEGGlobal Power Equipment Group Inc.$20.00$14.49$12.25-38.75%- 15.46%

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