Tweet

INITIAL PUBLIC OFFERINGS: OCTOBER 1987

Offering

First

Size after-

O-T-C ($ market

sym. Company Business/product mil.) Price bid Underwriter

BLYH Blyth Holdings Software vendor 7.70 7.00 7 Breen Murray

CODL Code-Alarm Mfrs. auto 3.71 6.75 6 1/2 First of

security Michigan

systs.

CTIA Communications Telephone 26.40 12.00 12 Goldman Sachs

Transmission transmission

network

FYBR Critical Mfrs. asbestos- 6.60 5.50 5 1/2 Wm. K. Woodruff

Industries abatement equip.

LUNG C. A. Blockers R&D medical 3.00 2.00 2 3/8 Kashner

technology Davidson

DSMI Dallas Mfrs. & mkts. 33.75 9.00 10 3/8 Alex. Brown

Semiconductor integrated

circuits

EDAT Electronic Data Mfrs. & mkts. 4.11 5.88 5 3/4 Morgan Olmstead

Technology marketing systs.

FASN Fashion Channel Mkts. consumer 21.00 10.50 10 1/2 R. G. Dickinson

Network prods. via TV

FTSP First Team Mkts. roller 2.59 1.50 1 1/2 Hayne Miller

Sports skates

HHBX HHB Systems Mfrs. logic-fault 18.00 12.00 11 1/2 Alex. Brown

simulators

YLD a High Income Closed-end mgmt. 250.00 10.00 10 Dean Witter

Advantage investment co.

RVEE Holiday RV Retails 4.50 2.25 2 3/8 Thomas James

Superstores recreational

vehicles

IIVI II-VI Mkts. 6.14 6.50 6 1/4 Advest

electro-optical

components

INVN Invitron Mfrs. protein 23.00 c 11.50 11 3/8 Shearson Lehman

prods.

ISOE Isoetec Mfrs. comm. systs. 8.00 10.00 10 Smith Barney

Communications

JWAIA Johnson Holding co. & mfr. 28.75 15.50 16 1/2 Wm. Blair

Worldwide of recreational &

Associates ink prods.

KPTL Keptel Mfrs. telephone 11.25 7.50 7 1/2 Kidder Peabody

equip.

KIX b Kerkhoff Construction 5.00 5.00 5 R. F. Lafferty

Industries operations

LIG a Liggett Group Mfrs. cigarettes 48.00 12.00 12 Drexel Burnham

MFO a MFS Income & Closed-end mgmt. 85.00 10.00 10 Wheat First

Opportunity investment co.

Trust

MIF b Munilnsured Closed-end mgmt. 65.00 10.00 10 Merrill Lynch

Fund investment co.

NCA a Nuveen CA Closed-end mgmt. 180.00 10.00 9 3/4 Alex. Brown

Municiple Value investment co.

Fund

NNY a Nuveen NY Closed-end mgmt. 110.00 10.00 9 1/2 Alex. Brown

municiple investment co.

Value

Fund

XTX b NY Closed-end mgmt. 20.00 10.00 9 5/8 Advest

Tax-Exempt investment co.

Income Fund

SPGLA Spiegel Retails mail-order 72.00 d 16.00 16 Merrill Lynch

consumer prods.

SA b Stage II Mfrs. clothing 8.00 8.00 7 7/8 Dean Witter

Apparel

SWVA Steel of West Owns & operates 20.00 12.50 12 1/2 Smith Barney

Virginia steel minimill

TTOI Tempest Modifies computer 18.00 9.00 9 Donaldson Lufkin

Technologies hardware

ZCOTU Z-Coat Group Mfrs. gun coatings 1.80 e 6.00 6 Profile

Investment

a trading on NYSE;

b trading on AMEX;

c additional 1 million shares offered overseas;

d additional 1.5 million shares offered overseas;

e units of 6 common + 2 warrants.

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.

Note: Both graphs of the month-to-month percent change in the stock-market indexes have been adjusted. Each index now begins at zero as of September 1987. This restart was done so that relative performances would be graphically meaningful on a postcrash basis. The indexes were formerly started together at zero in May 1982 -- when the DJI stood at a mere 850.