Tracking the Deals
IPO Underwriter Rankings
The following are the top six firms underwriting California-based company IPOs this year as of mid-July based on number of deals.
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Total No. of IPO amt., in of avg. Name millions deals gain Deutsche Bank $281.3 6 75.9% BancAmerica R.S. 129.0 5 36.2 Goldman Sachs 430.2 4 139.0 NationsBanc M.S. 170.5 3 12.0 Morgan Stanley 168.9 3 127.9 Hambrecht & Quist 155.0 3 25.6IPO
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IPO Indexes
These indexes from IPO Monitor track the market for initial public offerings by measuring the performance of 30 IPOs nationwide and 10 IPOs by California-based companies. A score of 30.9, for example, indicates that shares have risen by a mean of 30.9% from the IPO price. Inktomi’s big run-up has skewed the California scale in recent weeks.
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Last week’s IPO conditions
Calif: 46.30 (Exceptional)
U.S.: 17.65 (Strong)
Who’s Raising Money and How
Upcoming Deals
Company: Team Communications
Ticker Symbol: TMTV
City: Los Angeles
Industry: Media
Size, in millions: $10.5
Offering: IPO
Estimated Share Price: $5.50-7
Underwriter: National Securities
Est. week: 7/20
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Company: Safeway
Ticker Symbol: SWY
City: Pleasanton
Industry: Grocery
Size, in millions: 1,680.0
Offering: Secondary
Estimated Share Price: 42.75
Underwriter: Morgan Stanley
Est. week: 7/20
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Company: Echelon
Ticker Symbol: ELON
City: Palo Alto
Industry: Tech
Size, in millions: 45.0
Offering: IPO
Estimated Share Price: 7-9
Underwriter: NationsBanc Mongomery
Est. week: 7/20
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Company: Gary Player Golf
Ticker Symbol: PLYR
City: Santa Maria
Industry: Golf
Size, in millions: 13.6
Offering: IPO
Estimated Share Price: 8
Underwriter: Whale Securities
Est. week: 7/20
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Company: Pacer International
Ticker Symbol: PACR
City: Lafayette
Industry: Transport.
Size, in millions: 38.0
Offering: IPO
Estimated Share Price: $11-13
Underwriter: BT Alex. Brown
Est. week: 7/27
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Company: Coulter Pharmaceutical
Ticker Symbol: CLTR
City: Palo Alto
Industry: Drug
Size, in millions: 59.0
Offering: Secondary
Estimated Share Price: 29.81
Underwriter: BT Alex. Brown
Est. week: 7/27
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Company: Maxtor
Ticker Symbol: MXTR
City: Milpitas
Industry: Tech
Size, in millions: 451.0
Offering: IPO
Estimated Share Price: 8.50-10.5O
Underwriter: Salomon
Est. week: 7/27
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Company: Golden State Vintners
Ticker Symbol: VINT
City: Greenbrae
Industry: Wine
Size, in millions: 75.3
Offering: IPO
Estimated Share Price: 16--19
Underwriter: Goldman Sachs
Est. week: 7/27
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Company: Del Monte Foods
Ticker Symbol: DLM
City: San Francisco
Industry: Food
Size, in millions: 270.0
Offering: IPO
Estimated Share Price: 16-18
Underwriter: Morgan Stanley
Est. week: 7/27
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Company: IDG Books Worldwide
Ticker Symbol: IDBG
City: Foster City
Industry: Publishing
Size, in millions: 50.0
Offering: IPO
Estimated Share Price: TBA
Underwriter: Morgan Stanley
Est. week: 7/27
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Company: Presidio Golf Trust
Ticker Symbol: GOF
City: San Francisco
Industry: Real estate
Size, in millions: 130.0
Offering: REIT
Estimated Share Price: 19-21
Underwriter: Salomon
Est. week: 8/3
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Company: Troy Group
Ticker Symbol: TROY
City: Santa Ana
Industry: Printing
Size, in millions: 17.0
Offering: IPO
Estimated Share Price: 7-9
Underwriter: Cruttenden Roth
Est. week: 8/3
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Company: GeoCities
Ticker Symbol: GCTY
City: Santa Monica
Industry: Tech
Size, in millions: 74.2
Offering: IPO
Estimated Share Price: TBA
Underwriter: Goldman Sachs
Est. week: 8/10
Recent IPOs
Company: Inktomi
Ticker Symbol: INKT
City: San Mateo
Industry: Tech
Size, in millions: $36.0
Date: 6/10
Share price on 7/17: $67.50
Pct. change: +275.0%
Underwriter: Goldman Sachs
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Company: NetGravity
Ticker Symbol: NETG
City: San Mateo
Industry: Tech
Size, in millions: 27.0
Date: 6/12
Share price on 7/17: 21.88
Pct. change: +143.1
Underwriter: BancAmerica R.S.
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Company: Restoration Hardware
Ticker Symbol: RSTO
City: Eureka
Industry: Retail
Size, in millions: 52.8
Date: 6/19
Share price on 7/17: 36.50
Pct. change: +92.1
Underwriter: Goldman Sachs
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Company: MIPS Technologies
Ticker Symbol: MIPS
City: Mountain View
Industry: Tech
Size, in millions: 17.5
Date: 6/30
Share price on 7/17: 15.25
Pct. change: +8.9
Underwriter: Deutsche Bank
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Company: Aurora Foods
Ticker Symbol: AOR
City: San Francisco
Industry: Food
Size, in millions: 259.0
Date: 6/25
Share price on 7/17: 22.00
Pct. change: +4.8
Underwriter: Goldman Sachs
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Company: Hines Horticulture
Ticker Symbol: HORT
City: Irvine
Industry: Nursery
Size, in millions: 56.1
Date: 6/23
Share price on 7/17: 11.13
Pct. change: +1.2
Underwriter: Lehman Bros.
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Sources: IPO Monitor, Securities Data, IPO Financial Network
