Investing In Growth Companies
A look at growth-company stock
INC's roundup of market data provides instant reference to the behavior of the common stocks of small companies. The INC. Index is derived from the stock prices of 55 growth corporations (see INC., September page 148). Initial public offerings are tabulated for the latest available month, together with their first aftermarket trades. The IPO Monitor collectively follows "old" new issues on the stock exchanges.
SMALLER COMPANY INITIAL PUBLIC OFFERINGS: JULY 1981
Offering
O-T-C Size Price
sym. Business/prouct ($ mil.)
Company
ALGH Allegheny & Western Oil & gas 8 8.00
KEJO Kelly-Johnston Restaurants 6.6 11.00
LIEB Liebert Precision control syst. 24 16.00
ORYXU Oryx Communications Dist. Video cassettes 3.325 a 4.75
WINE Schagrin's Food stores 1.102 2.00 B
USDCU U.S. Design Info. storage systems 4.2 a 3.00
ZNIC Zonic Mfg. computer systems 3.45 6.00
FSIG Franklin Signal Mfg. security systems 1.36 2.00
AQNTU Aquanautics Scuba diving equip. 1.4 b 4.50
CDSI Computer Designed Data processing 1.925 2.75
products
ODEX Odetics Info. processing syst. 11.25 18.00
UHSIB Universal Health Manages hospitals 25 20.00
ICNTU Intelligent Comm. Data communications 2.975 a 3.53
KAPLA Globuscope Photography equip. 1.375 a 2.75
IMCI Integrated Microelectronic circuits 2.5 2.50
Microcircuits
OMCR Omnicare Health care services 102 21.25
COMR Comair Transportation services 3 5.00
FERO Ferrofluidics Magnetic fluid products 5 2.00
PICP Pico Products Pay TV control systsms 1.5 3.00 B
IGEN Immunogenetics Artificial insemination 4.5 2.00
GRTXU Grant Industries Mfg. mechanical slides 21.25 c 1,250.00
BEDF Bedford Computer Computer graphics syst. 4.4 8.00
GREN Great Eastern Energy Oil & gas 15 15.00
BMPI Biosearch Medical Mfg. medical devices 4 8.00
SWFT Swift Energy Oil & gas 3.25 2.50
QUIKU Quickprint of America Franchises printing 7.5 a 5.00
AMPI Amplica Microwave amplifiers 11.5 10.00
CMTX Comtex Scientific Scientific research 4.375 6.25
First
O-T-C aftermarket
Sym. Company Business/product bid Underwriter
ALGH Allegheny & Western Oil & gas 6 3/4 Bateman Eichler
KEJO Kelly-Johnston Restaurants 14 1/2 Stifel, Nicolaus
LIEB Liebert Precision 16 1/2 A. G. Edwards,
control
syst. Ohio Co.
ORYXU Oryx Communications Dist. Video 5 Moore; Robertson
cassettes
Securities
WINE Schagrin's Food stores 1 3/4 Rosenblum, Levin
USDCU U.S. Design Info. storage 3 1/2 Sherwood Securities
systems
ZNIC Zonic Mfg. computer 5 3/4 Laidlaw; Ohio Co.
FSIG Franklin Signal Mfg. security 2 Noble Securities
systems
AQNTU Aquanautics Scuba diving 4 1/2 Sherwood Securities
equip
CDSI Computer Designed Data processing 3 1/2 Craig-Hallum
products
ODEX Odetics Info. processing 17 3/4 Blyth Eastman
syst.
UHSIB Universal Health Manages 20 1/4 Merrill Lynch;
hospitals
Rothschild; F.
Eberstadt
ICNTU Intelligent Comm. Data 3 1/2 Rooney, Pace
communications
KAPLV Globuscope Photography 2 7/8 Rooney, Pace;
equip. Globus
IMCI Integrated Microelectronic 3 1/4 Engler & Budd
circuits
Microcircuits
OMCR Omnicare Health care 21 1/4 Eberstadt;
Rothschild
COMR Comair Transportation 5 1/4 Broadchild
Securities
services
FERO Ferrofluidics Magnetic fluid 1 3/4 John Muir & Co.
products
PICP Pico Products Pay TV control 4 3/4 Rooney, Pace
systems
IGEN Immunogenetics Artificial 2 1/4 Culverwell & Co.
insemination
GRTXU Grant Industries Mfg. mechanical 1.250 Prescott, Ball
slides
BEDF Bedford Computer Computer 8 Prescott, Ball
graphics
syst.
GREN Great Eastern Energy Oil & gas 15 Montgomery; Scott
BMPI Biosearch Medical Mfg. medical 7 3/4 Mosely, Hallgarten
devices
SWFT Swift Energy Oil & gas 2 3/4 Paulson; Orians
QUIKU Quickprint of America Franchises 5 John Muir & Co.
printing
