202 initial public offerings have been priced so far this year as of Dec. 8th, 2006:

- 144 IPOs are currently trading above initial offering price;
- 62 are trading below the offering price;
- and 6 was trading at its offer price.

Five IPOs were priced during the week of December 4th, 2006. There are twenty deals on deck for the next week hoping to raise nearly $3.6 billion.

IPO PERFORMANCE

Heelys Inc. (HLYS: chart) on Thursday raised almost $135 million with an initial public offering of 6.4 million shares priced at $21 per share, above the $16 to $18 forecast range. That exceeded the 6.25 million shares that the company originally planned to sell.

Heelys was offering 3.1 million shares and selling stockholders were offering the remaining 3.3 million shares. The offering represents almost 24% stake in the company.

Bear Stearns and Wachovia Capital Markets were serving as lead managers, with J.P. Morgan and CIBC World Markets serving as co-managers for the offering.

In addition, underwriters have the option to buy 963,750 additional shares to cover over-allotments.

Heelys designs, markets and distributes innovative, action sports-inspired products under the HEELYS brand targeted to the youth market.

Two other companies from the fashion apparel industry launched IPOs that made good gains the current year. Crocs Inc. (CROX: chart) and J. Crew Group Inc. (JCG: chart) saw their shares nearly 30% up on their first day of trading.

The company’s shares ended the week at $32.6 per share, up 55% from the IPO price.

Shares of Allegiant Travel Co. (ALGT: chart) gained 40% on their first day of trading Friday, a day after pricing above the forecast range of $15 to $17 per share.

The company raised $90 million with an initial public offering of 5 million shares, representing nearly 26% stake in the company, at $18 a share.

Merrill Lynch acted as a lead manager for the offering. Bear Stearns and Raymond James were co-managers.

The underwriters have an option to purchase 750,000 additional shares to cover excess demand.

The Las Vegas, Nevada - based company offers non-stop flights from smaller markets, such as Newburgh, New York, Belleville, Illinois, and Allentown, Pennsylvania, to popular vacation destinations.

The company’s shares ended the week at $25.10 per share, up 39% from the IPO price.

Shares of Aegean Marine Petroleum Network Inc. (ANW: chart) rose 10% on their first day of trading Friday, a day after pricing at the high end of the $12 to $14 forecast range.

On Thursday the company raised $175 million with an offering of 12.5 million shares priced at $14 a share.

The offering represents a 31% stake in the company.

Bear Stearns acted as a lead underwriter on the deal.

The underwriters have an option to buy 1.9 million additional shares to cover over-allotments.