Offering First

O-T-C Size Price aftermarket

sym. Company Business/ ($ bid Underwriter

mil.)

product

AAHS Alco Health Health care 75.20 16.00 16 Kidder; Drexel

Services services

ATMD Attention Retail medical 2.11 2.00 1 7/8 Houchen,

Medical stores Adamson

CLST Color Systems Converts film 4.00 5.00 6 Whale

Tech. Securities

to videotape

CRIX Control Air filtration 3.25 5.00 5 3/4 Steinberg &

Resource systems Lyman

DISC Discus Operates 3.04 4.00 4 1/4 Summit

Fuddruckers Investment

restaurants

EXAR Exar Mfrs. 13.20 11.00 12 Goldman Sachs;

integrated

circuits

Nomura

FIFE Financial Savings bank 4.50 10.00 10 Advest

Federal

FFCCU First Central Will operate 4.80 b 3.00 3 1/8 Macpeq, Ross

Financial

insurance co.

GTWY Gateway Bank Operates 43.15 17.00 17 3/4 Merrill;

Moseley

savings bank

HSAI Healthcare Operates 24.00 12.00 13 Smith Barney;

Services psychiatric

centers J. C. Bradford;

L. F.

Rothschild

HEVN H. E. Devel. 1.60 2.00 2 7/8 Yves Hentic

Ventures instructional

software

HTCH Hutchinson Mfrs. 16.00 10.00 10 3/8 Merrill; Wm.

Tech. computer Blair

components

IS Interstate Securities 21.68 12.75 12 3/4 Donaldson;

a Paine

Securities brokerage

CREMU La Delite Mfrs. premium 3.00 d 15.00 15 Patten

Securities

ice cream

MXTR Maxtor Mfrs. disk 15.13 11.00 11 1/2 Goldman Sachs;

drives

Hambrecht

PNUT Peanut Shack Specialty 4.31 8.00 8 Wheat;

food stores Davenport

of America

PRST Present General 6.10 9.00 9 First Albany

merchandise

business

PSMN Prism Mfrs. VCR 4.55 6.75 7 3/4 Furman Selz

Entertainment cassettes Mager

ROST Ross Stores Operates 51.00 17.00 17 Morgan Stanley

apparel

SANF Sanford Mfrs. writing 15.30 17.00 19 Salomon Bros;

instruments Wm. Blair

SWHI Sound Retails 27.55 19.00 18 3/4 Goldman Sachs

Warehouse recorded

music

TDCX Technology Prod. circuit 7.65 9.00 9 1/2 Rauscher

Pierce

Development test programs

TLCC Telecalc Computer 2.55 6.00 6 D. H. Blair;

info.

systems J. E. Sheehan

TTII Therapeutic Mfrs. medical 3.00 c 5.00 5 1/4 Greentree

U

Tech. Securities

equipment

a trading on the NYSE.

b units of 1 common + 1 warrant.

c units of 2 common + 1 warrant.

d units of 2 common + 1 preferred + 3 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, 2 Penn Center Plaza, Suite 410, Philadelphia, PA 19102.

Correction: In the listings of June initial public offerings (September, page 152), INC. incorrectly quoted the first aftermarket bid of American Video Teleconferencing Corp. The comparative price should have been for AVID units (from O-T-C pink sheets), which came out at $2, not $1 as stated.