| Recent IPOs: Jan 1999 - Mar 1999 |
| Pricing Date | Date Went Public | Name (Ticker) | Industry | Lead Underwriter | Shares Offered/ Outstanding (share%) | Offer Price | Open Price
| 1st Day Close | Last Close Price |
| Mar 30 | MKS Instruments, Inc.
(MKSI)
| Semiconductor Equipment & Materials | NationsBanc Montgomery Securities, Inc. | 7/24
(27%)
| $14.00 | $14.06 | $14.06 | $15.47 |

|
| Mar 27 | priceline.com Incorporated
(PCLN)
| Travel Agencies & Services | Morgan Stanley Dean Witter | 10/142
(7%)
| $16.00 | $81.00 | $69.00 | $212.90 |

|
| Mar 26 | Autobytel Inc.
(ABTL)
| Internet Content Providers | BT Alex. Brown | 5/18
(25%)
| $23.00 | $52.75 | $40.25 | $0.98 |

|
| Mar 23 | Gouverneur Bancorp, Inc.
(GOV)
| Regional Banks & Thrifts | First Albany Corporation | 1/--
(--)
| $5.00 | $5.00 | $5.06 | $7.00 |

|
| Mar 3 | The Pepsi Bottling Group, Inc.
(PBG)
| Bottling & Distribution | Merrill Lynch & Co. | 100/155
(65%)
| $23.00 | $23.00 | $21.69 | $38.23 |

|
| Feb 26 | Life Technologies Corporation
(LIFE)
| Biotechnology Research Equipment | Donaldson, Lufkin & Jenrette Securities Corporation | 4/13
(28%)
| $15.00 | $15.06 | $15.38 | $50.89 |

|
| Feb 23 | Feb 23 | The Corporate Executive Board Company
(EXBD)
| Consulting | Salomon Smith Barney | 8/13
(62%)
| $19.00 | $24.63 | $23.88 | $21.77 |

|
| Feb 16 | Mannatech, Incorporated
(MTEX)
| Vitamins, Nutritionals & Other Health-Related Products | Adams, Harkness & Hill, Inc. | 3/--
(--)
| $8.00 | $9.50 | $22.50 | $2.82 |

|
| Feb 12 | Bottomline Technologies (de), Inc.
(EPAY)
| Financial Services, Legal & Government Software | BancBoston Robertson Stephens | 3/10
(34%)
| $13.00 | $19.00 | $20.47 | $16.00 |

|
| Feb 11 | GAMCO Investors, Inc.
(GBL)
| Mutual Fund Management | Merrill Lynch & Co. | 6/--
(--)
| $17.50 | $17.75 | $17.81 | $49.84 |

|
| Feb 11 | Korn/Ferry International
(KFY)
| Executive Search | Credit Suisse First Boston | 12/12
(100%)
| $14.00 | $14.13 | $13.00 | $16.80 |

|
| Feb 5 | MicroFinancial Incorporated
(MFI)
| Commercial Lending | Salomon Smith Barney | 4/--
(--)
| $15.00 | $15.00 | $15.00 | $3.23 |

|
| Feb 5 | Corinthian Colleges, Inc.
(COCO)
| Colleges & Universities | Salomon Smith Barney | 3/--
(--)
| $18.00 | $21.50 | $22.00 | $14.90 |

|
| Feb 5 | Del Monte Foods Company
(DLM)
| Canned & Frozen Fruits & Vegetables | Morgan Stanley Dean Witter | 20/50
(40%)
| $15.00 | $15.00 | $15.63 | $10.76 |

|
| Feb 4 | Albany Molecular Research, Inc.
(AMRI)
| Biotechnology Research Services | ING Baring Furman Selz LLC | 3/12
(20%)
| $20.00 | $23.31 | $23.50 | $8.58 |

|
| Jan 29 | American Axle & Manufacturing Holdings, Inc.
(AXL)
| Auto Parts Manufacturing | Merrill Lynch & Co. | 7/--
(--)
| $17.00 | $17.00 | $16.56 | $6.40 |

|
| Jan 28 | Entercom Communications Corp.
(ETM)
| Radio Broadcasting & Programming | Credit Suisse First Boston | 14/--
(--)
| $22.50 | $30.00 | $30.75 | $6.08 |

|
| Jan 26 | Tower Financial Corporation
(TOFC)
| Regional Banks & Thrifts | McDonald Investments Inc. | 2/2
(110%)
| $10.00 | $11.00 | $10.25 | $4.52 |

|
| Jan 22 | NVIDIA Corporation
(NVDA)
| Graphics & Video Chips & Boards | Morgan Stanley Dean Witter | 4/--
(--)
| $12.00 | $21.00 | $19.69 | $13.07 |

|
| Jan 21 | Hersha Hospitality Trust
(HT)
| Hotel & Motel REITs | Anderson & Strudwick Incorporated | 2/6
(33%)
| $6.00 | $6.00 | $6.13 | $2.49 |

|
| Jan 8 | Provident New York Bancorp
(PBNY)
| Regional Banks & Thrifts | Ryan, Beck & Co., Inc. | 4/--
(--)
| $10.00 | $11.50 | $12.00 | $8.47 |

|
| Jan 4 | First Place Financial Corp.
(FPFC)
| Regional Banks & Thrifts | Charles Webb & Company | 10/11
(93%)
| $10.00 | $11.63 | $10.75 | $2.71 |

|
| Jan 4 | First Capital, Inc.
(FCAP)
| Regional Banks & Thrifts | Charles Webb & Company | 1/--
(--)
| $10.00 | $10.00 | $9.63 | $14.27 |

|