| Sno | Name | Ticker | Underwriter | # Shares(M) | (Close 2003) | Offer Price | Gain | IPO Date |
| 77 |
Bridge Street Financial, Inc. | OCNB | Friedman, Billings, Ramsey & Co., Inc | 2 | /div | 10.00 | -100.00% | 2003-01-07 |
| 76 |
Infinity Property and Casualty Corp. | IPCC | CS First Boston | 12 | 36.83 | 16.00 | 130.00% | 2003-02-11 |
| 75 |
Accredited Home Lenders, Inc. | LEND | Friedman, Billings, Ramsey & Co., Inc | 10 | /div | 8.00 | -100.00% | 2003-02-13 |
| 74 |
Endurance Specialty Holdings Ltd. | ENH | Goldman, Sachs & Co. | 10 | 28.13 | 23.00 | 22.00% | 2003-02-27 |
| 73 |
iPayment, Inc. | IPMT | Bear Stearns & Co. Inc. | 5 | /div | 16.00 | -100.00% | 2003-05-12 |
| 72 |
FormFactor, Inc. | FORM | Morgan Stanley | 6 | 18.08 | 14.00 | 29.00% | 2003-06-11 |
| 71 |
American Financial Realty Trust | AFR | Banc of America Sec. LLC | 56 | /div | 12.00 | -100.00% | 2003-06-24 |
| 70 |
Maguire Properties, Inc. | MPG | CS First Boston | 37 | 0.98 | 19.00 | -95.00% | 2003-06-24 |
| 69 |
AXIS Capital Holdings Limited | AXS | Morgan Stanley | 22 | 26.11 | 22.00 | 18.00% | 2003-07-01 |
| 68 |
Molina Healthcare, Inc. | MOH | Banc of America Sec. LLC | 7 | 22.76 | 18.00 | 26.00% | 2003-07-01 |
| 67 |
Jefferson Bancshares, Inc. | JFBI | Keefe, Bruyette & Woods, Inc. | 7 | 5.24 | 10.00 | -48.00% | 2003-07-02 |
| 66 |
Digital Theater Systems, Inc. | DTSI | SG Cowen | 4 | 26.68 | 17.00 | 56.00% | 2003-07-09 |
| 65 |
InterVideo Inc. | IVII | SG Cowen | 3 | 0.074 | 14.00 | -100.00% | 2003-07-16 |
| 64 |
Integrated Alarm Services Group, Inc. | IASG | Friedman, Billings, Ramsey & Co., Inc | 22 | /div | 9.00 | -100.00% | 2003-07-23 |
| 63 |
iPass Inc. | IPAS | Morgan Stanley Dean Witter | 7 | 1.64 | 14.00 | -89.00% | 2003-07-23 |
| 62 |
NETGEAR, Inc. | NTGR | Lehman Brothers | 7 | 14.92 | 14.00 | 6.00% | 2003-07-30 |
| 61 |
Citadel Broadcasting Corporation | CDL | Goldman, Sachs & Co. | 22 | /div | 19.00 | -100.00% | 2003-07-31 |
| 60 |
CapitalSource Inc. | CSE | CS First Boston | 21 | 4.64 | 14.00 | -67.00% | 2003-08-06 |
| 59 |
Direct General Corporation | DRCT | Keefe, Bruyette & Woods, Inc. | 7 | /div | 21.00 | -100.00% | 2003-08-11 |
| 58 |
Texas Capital Bancshares, Inc. | TCBI | Lehman Brothers | 6 | 14.90 | 11.00 | 35.00% | 2003-08-12 |
| 57 |
Gladstone Commercial Corp. | GOOD | Ferris Baker Watts | 7 | 14.85 | 15.00 | -2.00% | 2003-08-12 |
| 56 |
Providence Service Corp. | PRSC | SunTrust Robinson Humphrey | 4 | 10.20 | 12.00 | -16.00% | 2003-08-18 |
| 55 |
Ashford Hospitality Trust, Inc. | AHT | Friedman, Billings, Ramsey & Co., Inc | 22 | 2.48 | 9.00 | -73.00% | 2003-08-26 |
| 54 |
National Financial Partners Corp. | NFP | Goldman, Sachs & Co. | 9 | 7.52 | 23.00 | -68.00% | 2003-09-17 |
| 53 |
SigmaTel Inc. | SGTL | Merrill Lynch & Co. | 10 | /div | 15.00 | -100.00% | 2003-09-18 |
| 52 |
AMIS Holdings, Inc. | AMIS | CS First Boston | 30 | /div | 20.00 | -100.00% | 2003-09-23 |
| 51 |
Journal Communications, Inc. | JRN | Morgan Stanley Dean Witter | 17 | 1.14 | 15.00 | -93.00% | 2003-09-23 |
| 50 |
RedEnvelope Inc. | REDE | W.R. Hambrecht & Company | 2 | /div | 14.00 | -100.00% | 2003-09-24 |
| 49 |
Anchor Glass Container Corp. | AGCC | CS First Boston | 8 | /div | 16.00 | -100.00% | 2003-09-25 |
| 48 |
LKQ Corp. | LKQX | Robert W. Baird & Co. | 7 | 16.26 | 13.00 | 25.00% | 2003-10-02 |
| 47 |
Acusphere, Inc. | ACUS | SG Cowen | 4 | 0.135 | 14.00 | -100.00% | 2003-10-07 |
| 46 |
DigitalNet Holdings, Inc. | DNET | Citigroup | 5 | /div | 17.00 | -100.00% | 2003-10-09 |
| 45 |
Advancis Pharmaceutical Corp. | AVNC | Lehman Brothers | 6 | /div | 10.00 | -100.00% | 2003-10-16 |
| 44 |
Carter Holdings, Inc. | CRI | Goldman, Sachs & Co. | 6 | 23.32 | 19.00 | 22.00% | 2003-10-23 |
| 43 |
First Potomac Realty Trust | FPO | Ferris, Baker Watts | 7 | 9.90 | 15.00 | -34.00% | 2003-10-23 |
| 42 |
CancerVax Corporation | CNVX | Lehman Brothers | 6 | /div | 12.00 | -100.00% | 2003-10-29 |
| 41 |
Myogen Inc. | MYOG | CS First Boston | 5 | /div | 14.00 | -100.00% | 2003-10-29 |
| 40 |
Genitope Corporation | GTOP | W.R. Hambrecht & Company | 4 | 0.04 | 9.00 | -100.00% | 2003-10-30 |
| 39 |
KNBT Bancorp Inc. | KNBT | Sandler O'Neill & Partners | 31 | /div | 10.00 | -100.00% | 2003-10-31 |
| 38 |
Overnite Corp. | OVNT | Morgan Stanley | 25 | /div | 19.00 | -100.00% | 2003-10-31 |
| 37 |
Pharmion Corporation | PHRM | Morgan Stanley Dean Witter | 6 | /div | 14.00 | -100.00% | 2003-11-05 |
| 36 |
NitroMed, Inc. | NTMD | Deutsche Bank Sec. | 6 | /div | 11.00 | -100.00% | 2003-11-05 |
| 35 |
Quality Distribution Inc. | QLTY | CS First Boston | 7 | 1.97 | 17.00 | -89.00% | 2003-11-06 |
| 34 |
Marlin Business Services Inc. | MRLN | U.S. Bancorp Piper Jaffrey | 4 | 5.14 | 14.00 | -64.00% | 2003-11-11 |
| 33 |
Tessera Technologies Inc. | TSRA | Lehman Brothers | 8 | 24.69 | 13.00 | 89.00% | 2003-11-12 |
| 32 |
LECG Corp. | XPRT | UBS Investment Bank | 8 | 3.36 | 17.00 | -81.00% | 2003-11-13 |
| 31 |
Whiting Petroleum Holdings, Inc. | WLL | Merrill Lynch & Co. | 15 | 35.24 | 16.00 | 120.00% | 2003-11-19 |
| 30 |
Callidus Software Inc. | CALD | Citigroup | 5 | 2.85 | 14.00 | -80.00% | 2003-11-19 |
| 29 |
Buffalo Wild Wings Inc. | BWLD | RBC Capital Markets | 3 | 32.58 | 17.00 | 91.00% | 2003-11-20 |
| 28 |
The First Marblehead Corp. | FMD | Goldman, Sachs & Co. | 3 | 1.80 | 56.00 | -97.00% | 2003-11-24 |
| 27 |
Conn's Inc. | CONN | Stephens, Inc. | 4 | 11.97 | 14.00 | -15.00% | 2003-11-24 |
| 26 |
SIRVA Inc. | SIR | CS First Boston | 21 | /div | 18.00 | -100.00% | 2003-11-24 |
| 25 |
Nexstar Broadcasting Group, Inc. | NXST | Banc of America Sec. LLC | 10 | 0.83 | 14.00 | -95.00% | 2003-11-24 |
| 24 |
Pinnacle Airlines Corp. | PNCL | Morgan Stanley Dean Witter | 19 | 2.59 | 14.00 | -82.00% | 2003-11-24 |
| 23 |
SYNNEX Information Technologies Inc. | SNX | Bear Stearns & Co. Inc. | 5 | 23.92 | 14.00 | 70.00% | 2003-11-25 |
| 22 |
American Equity Investment Life Holding | AEL | Merrill Lynch & Co. | 19 | 5.39 | 9.00 | -41.00% | 2003-12-03 |
| 21 |
Aspen Insurance Holdings Ltd. | AHL | CS First Boston | 10 | 22.25 | 22.00 | 1.00% | 2003-12-03 |
| 20 |
Volume Services America Holdings Inc. | CVP | CIBC World Markets | 17 | 2.49 | 15.00 | -84.00% | 2003-12-04 |
| 19 |
Ctrip.com International Ltd. | CTRP | Merrill Lynch & Co. | 4 | 43.67 | 18.00 | 142.00% | 2003-12-08 |
| 18 |
NPTest, Inc. | NPTT | Citigroup | 15 | /div | 12.00 | -100.00% | 2003-12-10 |
| 17 |
Nelnet, Inc. | NNI | J. P. Morgan & Co. | 8 | 12.00 | 21.00 | -43.00% | 2003-12-10 |
| 16 |
Compass Minerals International, Inc. | CMP | Goldman, Sachs & Co. | 14 | 56.24 | 13.00 | 332.00% | 2003-12-11 |
| 15 |
International Steel Group | ISG | Goldman, Sachs & Co. | 16 | 15.35 | 28.00 | -46.00% | 2003-12-11 |
| 14 |
Central Freight Lines Inc. | CENF | Bear Stearns & Co. Inc. | 8 | /div | 15.00 | -100.00% | 2003-12-11 |
| 13 |
Central Freight Lines Inc. | CFL | Bear Stearns & Co. Inc. | 8 | 28.47 | 15.00 | 89.00% | 2003-12-11 |
| 12 |
China Life Insurance Co. Ltd. | LFC | China International Capital | 154 | 55.54 | 19.00 | 192.00% | 2003-12-12 |
| 11 |
Highland Hospitality Corp. | HIH | Friedman, Billings, Ramsey & Co., Inc | 30 | 1.25 | 10.00 | -88.00% | 2003-12-15 |
| 10 |
United National Group Ltd. | UNGL | Merrill Lynch & Co. | 10 | 0 | 17.00 | -100.00% | 2003-12-15 |
| 9 |
Universal Technical Institute, Inc. | UTI | Bank of America Securities LLC | 8 | 14.73 | 20.00 | -27.00% | 2003-12-16 |
| 8 |
Falcon Financial Investment Trust | FLCN | Friedman, Billings, Ramsey & Co., Inc | 12 | 0.003 | 9.00 | -100.00% | 2003-12-16 |
| 7 |
Webzen, Inc. | WZEN | J. P. Morgan & Co. | 9 | 3.46 | 11.00 | -69.00% | 2003-12-16 |
| 6 |
Provide Commerce Inc. | PRVD | SG Cowen | 4 | /div | 15.00 | -100.00% | 2003-12-16 |
| 5 |
Tempur-Pedic International Inc. | TPX | Lehman Brothers | 19 | 12.80 | 14.00 | -9.00% | 2003-12-17 |
| 4 |
Knology Inc. | KNOL | Raymond James & Assoc. | 6 | 8.83 | 9.00 | -2.00% | 2003-12-17 |
| 3 |
Franklin Bank Corporation | FBTX | Friedman, Billings, Ramsey & Co., Inc | 7 | /div | 14.00 | -100.00% | 2003-12-17 |
| 2 |
Luminent Mortgage Capital, Inc. | LUM | Friedman, Billings, Ramsey & Co., Inc | 10 | /div | 13.00 | -100.00% | 2003-12-18 |
| 1 |
Kintera Inc. | KNTA | SG Cowen | 4 | 0 | 7.00 | -100.00% | 2003-12-18 |
