SMALL COMPANY INITIAL PUBLIC OFFERINGS: JANUARY 1987
Offering First
O-T-C Size Price aftermarket
sym. Company Business/product ($ mil.) bid Underwriter
ASCR American Screen Produces movies 5.20 4.00 4 Mostel &
& TV shows Taylor
BCGNU BCI Geonetics Dvlps. ground- 3.45 c 5.75 5 1/4 H. J.
water resources Meyers
BLD a Baldwin Mfrs. printing 9.45 9.00 9 Dean Witter
Technology instruments
BLV a Belvedere Property & 23.40 9.00 9 Merrill
casualty Lynch
reinsurance
PAWN Cash America Acquires & 14.60 10.00 12 Eppler
Investments operates Guerin
pawnshops
CISA Citizens Savings bank 16.46 9.75 9 Shearson
Savings Lehman
Bank
GYMSU Concept 90 Retails home 3.78 d 9.00 10 Stuart-
Marketing exercise equip. James
CRES Crestmont Savings & loan 24.64 11.00 11 Shearson
Federal Lehman
Savings
DSTC DISC Technology Dvlps., mfrs., & 6.25 e 10.00 11 Stuart-
mkts. hard James
disks
DCPI Dick Clark Dvlps. & 7.15 6.50 6 1/2 Allen & Co.
Productions produces
TV programs
DDIIU Disease Mfrs. disease- 4.50 f 6.00 10 Stuart-
Detection detection kits James
Int'l
DNP b Duff & Phelps Closed-end 1,200.00 10.00 10 Merrill
investment Lynch
mgmt. co.
POWR Environmental Operates 7.00 5.00 5 Paine
Power cogeneration Webber
facilities
FEDF Federated Savings & loan 5.90 8.50 8 3/8 Blunt Ellis
Financial
S&L
PICS Finest Hour Operates photo- 3.50 5.00 5 First
proc. stores Affiliated
FFPR First Federal Savings bank 35.71 11.13 11 1/8 Kidder
of San Peabody
Juan
FFSL Fulton Federal Savings & loan 15.31 7.00 7 Drexel
S&L Burnham
Association
of Atlanta
GSOF Group 1 Dvlps. & mkts. 3.75 7.50 7 1/2 Evans & Co.
Software software prods.
SYS a ISI Systems Dvlps. & mkts. 16.25 13.00 16 1/2 Merrill
software prods. Lynch
INSMA Insituform Pipe, sewer, & 6.00 8.00 9 1/4 Morgan
Mid-America conduit repair Keegan
MDTC MDT Mfrs. 6.33 5.50 6 3/4 Laidlaw
sterilizers Adams
NETX Network Mfrs. & mkts. 34.00 16.00 21 Morgan
Equipment comm. prods. Stanley
Technology
NRES Nichols Provides 10.00 10.00 10 Robinson-
Research technical Humphrey
svcs.
OCOMA Outlet Diversified 15.19 11.25 11 1/4 Morgan
Communications comm. Stanley
PRTK Presto-Tek Designs & mfrs. 5.50 5.50 5 1/2 McKinley
beverage Allsopp
machines
PCMC Psychemedics Provides lab & 3.00 2.00 2 3/4 Kashner-
rehab. svcs. Davidson
RFED Roosevelt Savings & loan 43.25 9.00 9 Drexel
Federal Burnham
S&L
SFB b Standard Savings & loan 132.42 8.25 9 1/4 Merrill
Federal Lynch
Bank
WASC Western Auto Distrs. & mkts. 46.80 g 13.00 13 Shearson
Supply auto supplies Lehman
a trading on AMEX;
b trading on NYSE;
c units of 1 common + 1 warrant;
d units of 100 common + 50 warrants;
e units of 40 common + 20 warrants;
f units of 100 common + 25 warrants;
g an additional 900,000 shares were offered outside the United States.
Initial public offerings sold at $1 or less not included. Issues without underwriters not included. First aftermarket bid is approximate.
Offering data source: GOING PUBLIC: The IPO Reporter, a publication of The Dealer's Digest Inc., 150 Broadway, New York, NY 10038.
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