Small Company Initial Public Offerings: October 1981

 

The INC. Index is derived from the stock prices of 55 growth corporations (see INC., September 1981, 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.

Note: This table may be divided, and additional information on a particular entry may appear on more than one screen.

INC. INDEX vs. POPULAR AVERAGES

S&P NASDAQ

DJI 400 ASE Ind'ls INC.

%change +1 +4 +4 +8 $12

Oct.-Nov.

Coll. % change -13 -8 -10 -13 -10

May-Nov.

Offering

O-T-C Size Price

sym. Company Business/product ($ mil.)

AIMT Aim Telephone Phone interconnect sys. 3 2.50

ASKI Ask Computer Systems Turnkey computer sys. 14.85 11.00

CARL Carl Karcher Restaurants 18.9 13.50

CIFR Cipher Data Products Magnetic tape drives 10.45 9.50

CGEN Collagen Mfg. biomedical prod. 13.65 13.00

CRVS Corvus Systems Microcomputer systems 10 10.00

DPWR Datapower Mfg. power supplies 2.75 5.50

DALE Dale Electronics Electronic components 5.2 8.00

FONR Fonar Medical scanning equip. 7 5.00

GMEX Garcia's of Scottsdale Restaurants 8.5 8.50

HOSS Hornbeck Offshore Operates service vessels 3.25 5.00

HYBR Hybritech Mkts. medical products 12.1 11.00

IGAM Int'l Game Tech. Mfg. video games 23 11.50

HORS Kentucky Horse Ctr. Thoroughbred horses 3.3 6.00

JECL JEC Lasers Mfg. laser systems 1.63 3.25

LMAR Lorimar TV & movie productions 32.45 a 927.00

NAUG Naugles Restaurants 10.45 9.50

NOBLF Nobel Insurance Reinsurance policies 1.69 3.00B

PTIS Plasma-Therm Plasma technology sys. 3 2.25

PVEN Pizza Ventures Pizza franchises 2.4 6.00

RGDC Rio Grande Drilling Oil well drilling 5.2 8.00

SDAT Seisdata Services Processes seismic data 6 7.50

SOSI Sippican Ocean Sys. Mfg. oceanography equip. 3.38 9.00

VCTR Vector Graphic Microcomputer systems 13 13.00

First

O-T-C aftermarket

sym. Company Business/product bid Underwriter

AIMT Aim Telephone Phone interconnect 2 1/2 Rosenkrantz

sys. Ehrenkrantz

ASKI Ask Computer Turnkey computer 11 3/8 L.F. Rothschild

Systems sys.

CARL Carl Karcher Restaurants 13 1/2 Dean Writter;

E. F. Hutton;

Montgomery

Securities

CIFR Cipher Data Magnetic tape 9 1/2 Robertson;

Products drives Hambrecht

& Quist

CGEN Collagen Mfg. biomedical 13 3/8 Smith Barney;

prod. Hambrecht

& Quist

CRVS Corvus Systems Microcomputer 10 Montgomery

systems Securities

DPWR Datapower Mfg. power 5 3/8 Montano Securities

supplies

DALE Dale Electronics Electronic 8 Bear Stearns;

components New Court

FONR Fonar Medical scanning 5 1/4 OTC Net

equip.

GMEX Garcia's of Restaurants 8 1/2 Montgomery

Scottsdale Securities

HOSS Hornbeck Offshore Operates service 5 Howard, Weil

vessels

HYBR Hybritech Mkts. medical 11 1/4 Goldman, Sachs;

products

Robertson

IGAM Int'l Game Tech. Mfg. video games 12 Merrill Lynch

HORS Kentucky Horse Ctr. Thouroughbred 6 Swartwood, Hess

horses

& Levine

JECL JEC Lasers Mfg. laser systems 3 First Florida

LMAR Lorimar TV & movie 930 Drexel Burnham

productions Lambert

NAUG Naugles Restaurants 9 3/4 Robertson, Colman

NOBLF Nobel Insurance Reinsurance 2 3/4 Southwest

policies Securities

PTIS Plasma-Therm Plasma technology 2 3/8 Rooney, Pace

sys.

PVEN Pizza Ventures Pizza franchises NA Allen & Co.

RGDC Rio Grande Oil well drilling 8 1/2 Rotan Mosle

Drilling

SDAT Seisdata Services Processes seismic 7 1/2 Moseley;

data Underwood

SOSI Sippican Ocean Mfg. oceanography 9 E. F. Hutton

Sys. equip.

VCTR Vector Graphic Microcomputer 13 1/4 Shearson;

systems Hambrecht

& Quist

a units of 15 common + 15 warrants + 1 debenture.

Initial public offerings sold at $1 or less not included. First aftermarket bid is approximate. Issues without underwriters not included.

NA not available

B best efforts

Offering data sources: GOING PUBLIC: The IPO Reporter, 1528 Walnut St., Philadelphia, PA 19102; The Institute for Econometric Research Inc., 3471 N. Federal Highway, Ft. Lauderdale, FL 33306.

THE INC. IPO MONITOR

% change

O-T-C Offering Initial public 10/2/81 after initial

symbol Company price trade (bid) bid trade

AUGUST

ACCUU Accu Test Systems 4.50u 3 1/2 5 1/2 +57

NFCO Anefco 3.00 2 3/8 2 3/4 +16

BPSI Bell Petroleum 13.00 13 10 1/4 -21

BICLU BioCell Technology 4.00u 3 7/8 3 3/4 -3

CSNOU Casino Technology 2.00u 1 1/4 1 1/4 0

ESTB Esteban's Mexican

Food 2.00 2 1/4 2 5/8 +17

GFSI Geophysical Field 15.50 15 1/2 12 1/2 -19

TACOU Good Taco 5.00u NA 6 1/4 b +39

GOAA Great Outdoor 7.50 7 1/2 4 3/4 -37

ICOC ICO 11.00 11 1/2 13 7/8 +21

INSUU Instituform 2.50u 2 3/8 1 7/8 -21

INTY Integrity Group 14.50 14 1/4 12 1/4 -14

SPLKU Jones Spacelink 2.00u 2 1 1/8 -44

LINRU Linear Instruments 4.50 4 2 1/4 -44

MABS Monoclonal

Antibodies 10.00 10 9 3/4 -3

NCAC NCA 15.00 14 1/2 16 +10

OMNU Orthomolecular

Nutrition 3.00 3 1/8 2 1/2 -20

PPSI Paco Pharmaceuticals 13.00 13 10 1/4 -21

PANS Pansophic Systems 15.00 15 14 -7

PATF Pathfinder Petroleum 2.00 1 3/4 2 3/4 +57

PSUN Piper Hydro 2.00 1 7/8 1 1/8 -40

RUTIU Resort & Urban 6.00u 7 3/4 8 1/4 +6

SEI c Seis Pros 15.00 15 11 7/8 -21

SOFT Softech 10.50 10 1/2 17 +62

SBTK Southern Medical 10.00 9 3/4 4 1/2 -54

STAUF Stake Technology 4.00u NA 2 1/2 b -5

SYST Systematics 14.50 15 3/4 18 +14

THC c Techamerica Group 13.00 13 11 5/8 -11

TRPX TRP Energy Sensors 2.50 2 5/8 2 1/2 -5

WTEL Walker Telecommun. 2.50 2 1/2 2 3/8 -5

SEPTEMBER

BOLT Bolt Technology 13.75 14 15 +7

CARD Cardillo Travel 5.00 4 3/4 4 3/8 -8

CRNR Chronar 6.75 6 3/4 5 1/4 -22

CYCR CyCare Systems 9.00 8 3/4 12 1/4 +40

(e) Data Measurement 5.00 5 1/4 4 3/4 -10

HOMD Home Depot 12.00 12 15 3/4 +31

JWEC Jefferson-Williams 11.00 10 1/2 6 1/2 -38

NTWKU Network Security 3.50u 3 1/2 2 5/8 -25

PRAB Prab Robots 10.00 9 3/8 15 +60

SGAT Seagate Technology 10.00 10 1/4 15 5/8 +52

SWMC Stan West 7.00 7 5 3/8 -23

SXCO Switchco 10.00 10 7 1/2 -25

a price of common stock after units broken

b initial public trade not available; % change after earliest obtainable quote

c ASE

NA not available

u units

(e) ticker symbol not yet assigned.

While the information contained herein has been carefully gathered, INC. cannot guarantee its accuracy. Stock listing sources: GOING PUBLIC: The IPO Reporter, 1528 Walnut St., Philadelphia, PA 19102; The Institute for Econometric Research Inc., 3471 N. Federal Highway, Ft. Lauderdale, FL 33306. Prices supplied with the cooperation of L. F. Rothschild.