| Recent IPOs: Jul 1999 - Sep 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 |
| Sep 30 | Oct 1 | BlackRock, Inc.
(BLK)
| Institutional Asset Management | Merrill Lynch & Co. | 9/64
(14%)
| $14.00 | $14.00 | $14.13 | $229.19 |

|
| Sep 29 | Sep 30 | Radware Ltd.
(RDWR)
| Routing & Switching Equipment | Salomon Smith Barney | 4/15
(24%)
| $18.00 | $39.00 | $27.50 | $13.39 |

|
| Sep 29 | Sep 30 | TiVo Inc.
(TIVO)
| Video Equipment | Credit Suisse First Boston | 6/36
(15%)
| $16.00 | $40.00 | $29.94 | $10.97 |

|
| Sep 29 | Sep 29 | Internap Network Services Corporation
(INAP)
| Managed Network Services | Morgan Stanley Dean Witter | 10/62
(15%)
| $20.00 | $53.00 | $52.98 | $3.80 |

|
| Sep 24 | Sep 24 | Keynote Systems, Inc.
(KEYN)
| Market Research Services | BancBoston Robertson Stephens | 4/23
(18%)
| $14.00 | $17.25 | $27.25 | $10.54 |

|
| Sep 23 | Sep 24 | Trintech Group PLC
(TTPA)
| Accounting & Finance Software | Deutsche Bank AG London | 6/25
(23%)
| $11.55 | $13.88 | $14.06 | $2.83 |

|
| Sep 23 | Sep 23 | Interactive Intelligence, Inc.
(ININ)
| Messaging, Conferencing & Communications Software | Merrill Lynch & Co. | 3/13
(20%)
| $13.00 | $33.00 | $24.06 | $18.37 |

|
| Aug 19 | Aug 20 | Lionbridge Technologies, Inc.
(LIOX)
| Business Services | Prudential Securities Incorporated | 4/15
(24%)
| $10.00 | $10.38 | $12.63 | $2.07 |

|
| Aug 19 | Aug 20 | LookSmart, Ltd.
(LOOK)
| Internet Search & Navigation Services | Goldman, Sachs & Co. | 9/85
(11%)
| $12.00 | $17.50 | $17.31 | $1.05 |

|
| Aug 18 | Aug 19 | LaBranche & Co Inc.
(LAB)
| Market Makers, Specialists, Trade Clearing & Trade Settlement | Salomon Smith Barney | 12/47
(25%)
| $14.00 | $14.00 | $14.50 | $2.76 |

|
| Aug 17 | Aug 18 | NovaMed, Inc.
(NOVA)
| Specialized Health Care Services | Donaldson, Lufkin & Jenrette Securities Corporation | 4/25
(16%)
| $8.00 | $8.00 | $8.75 | $4.26 |

|
| Aug 16 | Aug 17 | Alliance Resource Partners, L.P.
(ARLP)
| Coal Mining & Processing | Salomon Smith Barney | 8/15
(50%)
| $19.00 | $18.19 | $18.81 | $38.84 |

|
| Aug 13 | Aug 13 | Quest Software, Inc.
(QSFT)
| Database & File Management Software | BancBoston Robertson Stephens | 4/38
(12%)
| $14.00 | $20.50 | $47.00 | $17.15 |

|
| Aug 11 | Aug 12 | NetScout Systems, Inc.
(NTCT)
| Routing & Switching Equipment | Deutsche Bank AG London | 3/26
(12%)
| $11.00 | $12.00 | $13.75 | $12.61 |

|
| Aug 11 | Aug 11 | Red Hat, Inc.
(RHT)
| Development Tools, Operating Systems & Utilities Software | Goldman, Sachs & Co. | 6/67
(9%)
| $14.00 | $46.00 | $52.06 | $27.50 |

|
| Aug 10 | Aug 11 | Blockbuster Inc.
(BBI)
| Music, Video, Book & Entertainment Retail | Salomon Smith Barney | 31/175
(18%)
| $15.00 | $15.00 | $15.00 | $0.62 |

|
| Aug 5 | Aug 6 | Datalink Corporation
(DTLK)
| Information Technology Services | Needham & Company, Inc. | 3/10
(27%)
| $7.50 | $7.63 | $7.69 | $4.00 |

|
| Aug 5 | Aug 6 | Internet Gold - Golden Lines Ltd.
(IGLD)
| Internet & Online Services Providers | Lehman Brothers | 5/18
(24%)
| $12.00 | $13.50 | $11.94 | $15.02 |

|
| Aug 4 | Aug 5 | Internet Capital Group, Inc.
(ICGE)
| Investment Firms | Merrill Lynch & Co. | 15/125
(12%)
| $12.00 | $12.13 | $24.44 | $6.74 |

|
| Aug 4 | Aug 5 | Move, Inc.
(MOVE)
| Internet Content Providers | Morgan Stanley Dean Witter | 7/67
(10%)
| $20.00 | $22.88 | $22.75 | $1.64 |

|
| Aug 3 | Aug 4 | Fairchild Semiconductor International, Inc.
(FCS)
| Discrete & Passive Components | Credit Suisse First Boston | 20/88
(23%)
| $18.50 | $18.63 | $18.75 | $8.07 |

|
| Aug 4 | Aug 4 | Internet Initiative Japan Inc.
(IIJI)
| Internet & Online Services Providers | Goldman, Sachs & Co. | 7/44
(15%)
| $23.00 | $23.75 | $31.31 | $4.94 |

|
| Aug 2 | Aug 3 | 1-800-FLOWERS.COM, Inc.
(FLWS)
| Floral & Gifts Retail | Goldman, Sachs & Co. | 6/62
(10%)
| $21.00 | $21.75 | $18.19 | $2.59 |

|
| Aug 2 | Aug 3 | Life Quotes, Inc.
(QUOT)
| Insurance Brokers | Hambrecht & Quist | 5/19
(27%)
| $11.00 | $11.06 | $9.69 | $2.75 |

|
| Jul 29 | Jul 30 | Jacksonville Bancorp, Inc.
(JAXB)
| Regional Banks & Thrifts | Keefe, Bruyette & Woods, Inc. | 1/1
(107%)
| $10.00 | -- | -- | -- |

|
| Jul 28 | Jul 29 | Lennox International Inc.
(LII)
| Plumbing & HVAC Equipment | Morgan Stanley Dean Witter | 9/45
(19%)
| $18.75 | $19.13 | $18.75 | $38.00 |

|
| Jul 28 | Jul 29 | Perficient, Inc.
(PRFT)
| Information Technology Services | Gilford Securities Incorporated | 1/4
(29%)
| $8.00 | $11.50 | $9.38 | $8.70 |

|
| Jul 27 | Jul 28 | drugstore.com, inc.
(DSCM)
| Drug Stores & Pharmacies | Morgan Stanley Dean Witter | 5/42
(12%)
| $18.00 | $65.00 | $50.25 | $3.07 |

|
| Jul 23 | Jul 23 | Allscripts-Misys Healthcare Solutions, Inc.
(MDRX)
| Health Care Management Software | Goldman, Sachs & Co. | 7/19
(37%)
| $16.00 | $18.50 | $19.75 | $20.17 |

|
| Jul 22 | Jul 23 | BioMarin Pharmaceutical Inc.
(BMRN)
| Biopharmaceuticals & Biotherapeutics | U.S. Bancorp Piper Jaffray | 5/34
(13%)
| $13.00 | $15.00 | $13.13 | $16.67 |

|
| Jul 22 | Jul 23 | InsWeb Corporation
(INSW)
| Insurance Brokers | Goldman, Sachs & Co. | 5/32
(15%)
| $17.00 | $38.00 | $31.56 | $3.13 |

|
| Jul 22 | Jul 23 | j2 Global Communications, Inc.
(JCOM)
| Messaging Services Providers | Donaldson, Lufkin & Jenrette Securities Corporation | 9/33
(26%)
| $9.50 | $10.25 | $9.50 | $20.87 |

|
| Jul 21 | Jul 22 | Scientific Learning Corporation
(SCIL)
| Education & Training Software | Merrill Lynch & Co. | 2/10
(22%)
| $16.00 | $18.00 | $18.00 | $5.07 |

|
| Jul 21 | Jul 21 | Art Technology Group, Inc.
(ARTG)
| E-commerce Software | Hambrecht & Quist | 5/31
(16%)
| $12.00 | $16.00 | $18.06 | $4.17 |

|
| Jul 14 | Jul 15 | NIC Inc.
(EGOV)
| Web Consulting | Hambrecht & Quist | 13/52
(25%)
| $12.00 | $15.50 | $17.31 | $8.98 |

|
| Jul 13 | Jul 14 | TIBCO Software Inc.
(TIBX)
| Enterprise Application Integration Software | Goldman, Sachs & Co. | 7/59
(12%)
| $15.00 | $32.00 | $32.38 | $8.85 |

|
| Jul 12 | Jul 13 | CDC Corporation
(CHINA)
| Enterprise Resource Planning Software | Lehman Brothers | 4/--
(--)
| $20.00 | $45.75 | $67.11 | $2.55 |

|
| Jul 12 | Jul 13 | Commtouch Software Ltd.
(CTCH)
| Security Software | U.S. Bancorp Piper Jaffray | 3/14
(21%)
| $16.00 | $21.00 | $24.00 | $3.08 |

|
| Jul 13 | Jul 13 | Hudson City Bancorp, Inc.
(HCBK)
| Regional Banks & Thrifts | Ryan, Beck & Co., Inc. | 56/56
(100%)
| $10.00 | $11.13 | $12.38 | $13.10 |

|
| Jul 8 | Jul 9 | Encore Capital Group, Inc.
(ECPG)
| Collections | CIBC World Markets | 2/7
(33%)
| $10.00 | $9.13 | $9.34 | $16.44 |

|
| Jun 30 | Jul 1 | Salem Communications Corporation
(SALM)
| Radio Broadcasting & Programming | BT Alex. Brown | 8/23
(37%)
| $22.50 | $25.00 | $25.50 | $5.19 |

|