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

INITIAL PUBLIC OFFERINGS:

MARCH 1988

Offering

O-T-C Size Price

sym. Company Business/product ($ mil.)

ALTR Altera Dvlps. & mkts. 22.00 5.50

user-configurated

integrated

circuits

AVDL Avondale Constructs & 66.00 15.00

Industries repairs ships

DNSB D&N Savings Bank, Savings & loan 2.32 7.65

FSB

MOLE FlowMole Installs 12.75 8.50

underground

cable & pipe

GRUN Gruene Mfrs. & mkts. 3.00 6.00

toiletries

HU[b] Hampton Utilities Closed-end 10.00 10.00

Trust investment fund

HFSA Home Federal S&L Savings & loan 4.20 12.00

Association of

Salisbury

MALC Mallard Coach Mfrs. recreational 17.20 8.00

vehicles

ICOR Meicor Mfrs. X-ray tubes 2.40 d 3.00

a MetroBanCorp Bank holding co. 1.88 10.00

MIN[c] MFS International Closed-end 2,00.00 10.00

Income Trust investment co.

MFBZ Mutual Federal S&L Savings & loan 3.27 7.50

NSS[b] NS Group Mfrs. specialty 56.03 13.50

steel products

OMS[c] Oppenheimer Closed-end mgmt. 336.00 12.00

Multi-Sector investment co.

PFLY Polifly Financial Savings & loan 3.58 10.50

ass'n

GIM[c] Templeton Global Closed-end bond 1,100.00 10.00

Income Fund fund

VCEL Vanguard Cellular Cellular 56.46 18.00

Systems telephone

service

VRSY Varitronic Systems Dvlps. & mrkts. 13.20 11.00

print-on-tape

lettering systs.

VITA Vitalink Mfrs. data- 17.00 8.25

Communications comm. prods.

First

O-T-C aftermarket

sym. Company bld Underwriter

ALTR Altera 5 3/4 Goldman Sachs

AVDL Avondale 15 Goldman Sachs

Industries

DNSB D&N Savings Bank, 8 1/8 Salomon Bros.

FSB

MOLE FlowMole 8 1/2 Kidder Peabody

GRUN Gruene 6 Starr Securities

HU[b] Hampton Utilities 9 3/4 L. F. Rothschild

Trust

HFSA Home Federal S&L 12 J. C. Bradford

Association of

Salisbury

MALC Mallard Coach 8 Paine Webber

ICOR Meicor 3 Mewhard,Cook

a MetroBanCorp 9 3/4 Chicago Corp.

MIN[c] MFS International 10 Wheat First

Income Trust

MFBZ Mutual Federal S&L 7 1/4 Merrill Lynch

NSS[b] NS Group 14 1/4 Merrill Lynch

OMS[c] Oppenheimer 11 3/8 Paine Webber

Multi-Sector

PFLY Polifly Financial 11 Ryan Beck

GIM[c] Templeton Global 10 Merrill Lynch

Income Fund

VCEL Vanguard Cellular 20 1/2 Drexel Burnham

Systems

VRSY Varitronic Systems 12 3/4 William Blair

VITA Vitalink 9 Kidder,Peabody

Communications

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

a no symbol,

b trading on AMEX,

c trading on NYSE,

d units of 2 common + 1 warrant.

Offering data source: GOING PUBLIC: THE IPO REPORTER, a publication of The Dealer's Digest, Inc., 150 Broadway, New York, NY 10038.