Small Company Initial Public Offerings: December 1984

 

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

Offering

O-T-C Size Price

sym. Company Business/product ($ mil.)

APAK Action Packets Markets educational 83 5.50

products

BTY British Telecom Telecommunications 278.93 5.96

services

HARTU Cardiopulmonary Manages medical 3.0 5.00 d

facilities

CEDC Catalyst Energy Alternate energy 4.2 6.00

sources

WORM Earthworm Tractor Markets construction 3.5 1.00

equipment

FCOLA First Colonial Bank Bank holding company 9.0 9.00

a Founders Bank Commercial banking 4.0 10.00

FRFE Freedom Federal Operates S&L assoc. 5.91 7.25

Savings & Loan

GMET General Metal Recycles steel 2.16 6.00

abrasives

HOWT Howtek Mfrs. printers & copiers 6.25 5.00

INFL Infoline Telephone info. 2.5 2.00

programs

(a) JNS Marketing Will sell consumer .28 1.00 c

products

KING King World Distributes TV 12.5 10.00

Productions programs

MDCIU Medical Action Mfrs. surgical products 3.0 3.00 b

Industries

a Meisenheimer Capital Financial consulting 1.03 1.00 b

services

NBSIF National Business Transaction card 12.75 8.50

Systems services

NTARU NetAir Int'l Corp. Charter air franchises 2.5 1.00 d

OSIX Optical Specialties Mfrs. inspection 8.4 7.00

systems

ROSX Ross Industries Mfrs. food processors 3.94 8.50

STRR Star Technologies Scientific computers 19.8 9.00

TRCI Technology Mfrs. measurement 1.64 2.50

Research devices

TRTC Trio-Tech Int'l Mfrs. circuit testers 4.55 6.50

First

O-T-C aftermarket

sym. Company bid Underwriter

APAK Action Packets 5 3/4 Blackstock

BTY British Telecom 11 Morgan Stanley;

Goldman Sachs;

Kidder Peabody;

Merrill Lynch;

First Boston;

Prudential-Bache;

Salomon Bros.

HARTU Cardiopulmonary 6 Broadchild Securities

CEDC Catalyst Energy 6 Hanifen Imhoff

WORM Earthworm Tractor 1 Diversified Equities

FCOLA First Colonial Bank 9 1/8 Dean Witter Reynolds

a Founders Bank 9 3/4 Tucker Anthony

FRFE Freedom Federal 7 1/4 Blunt Ellis & Loewi;

Savings & Loan The Chicago Corp.

GMET General Metal 6 R. G. Dickinson

HOWT Howtek 5 Whale Securities

INFL Infoline 2 1/8 S. D. Cohn

(a) JNS Marketing 1 1/8 Atlantis Securities

KING King World 10 1/4 Paine Webber

Productions

MDCIU Medical Action 5 1/2 Creative Securities

Industries

a Meisenheimer Capital 1 1/8 Securities First

NBSIF National Business 8 1/4 Drexel Burnham

Systems Lambert;

Gordon Capital

NTARU NetAir Int'l Corp. 1 Helfer Broughton

OSIX Optical Specialties 7 1/8 Merrill Lynch Capital

ROSX Ross Industries 8 3/4 Ferris; Scott

& Stringfellow

STRR Star Technologies 9 Donaldson, Lufkin

& Jenrette

TRCI Technology 2 5/8 Macpeg Ross

Research O'Connell

TRTC Trio-Tech Int'l 6 1/2 Bear, Stearns

a ticker symbol not yet assigned.

b units of 1 common + 1 warrant.

c units of 1 common + 2 warrants.

d units of 2 common + 1 warrant.

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, 1528 Walnut St., Philadelphia, PA 19102.