2000 YE Review

1999 Year End Review - Industry Report: Technology Charts: [ Total Amount Raised | Average Amount Raised | Number of Offerings ] Report Criteria Report Type: Offer to Most Recent Quote Period: 01/1999 - 12/1999 Sort Criteria: Percentage Change Industry: Technology Securities Types: Common Stock, ADS Underwriting Types: Firm Committment Region(s): all regions Foreign Companies: included Report Statistics Number of IPOs: 347 Largest Company: Internet Capital Group Inc Smallest Company: IT Staffing LTD Best Performer: Internet Capital Group Inc (+2733.3%) Worst Performer: Value America Inc (-77.8%) Total Amount Raised: $36292.4 Mil. Average Amount Raised: $104.6 Mil. Average Percentage Change: +248.86 % Company Symbol Offer Date Offer Price Close Price on 12/31/99 Percent Change Market Value ($Mil) Split Ratio Internet Capital Group Inc ICGE 8/5 $12.00 $170.000 +2733.3% $42624.1 (split-2:1) Commerce One Inc CMRC 7/1 $21.00 $196.500 +2707.4% $13219.4 (split-3:1) VerticalNet Inc VERT 2/10 $16.00 $164.000 +1950.0% $5387.3 (split-2:1) Brocade Communications Systems Inc BRCD 5/25 $19.00 $177.000 +1763.5% $9092.6 (split-2:1) PurchasePro.Com Inc PPRO 9/14 $12.00 $137.500 +1618.5% $3714.6 (split-1.5:1) Vignette Corp VIGN 2/19 $19.00 $163.000 +1615.8% $8578.7 (split-2:1) Liberate Technologies LBRT 7/28 $16.00 $257.000 +1506.5% $10627.4   Redback Networks Inc RBAK 5/18 $23.00 $177.500 +1443.7% $7467.1 (split-2:1) Ariba Inc ARBA 6/23 $23.00 $177.375 +1442.9% $15162.5 (split-2:1) Red Hat Inc RHAT 8/11 $14.00 $211.250 +1408.2% $14118.9   Vitria Technology Inc VITR 9/17 $16.00 $234.000 +1362.% $7082.2   Phone.com Inc. PHCM 6/11 $16.00 $115.938 +1349.2% $7073.8 (split-2:1) Kana Communications Inc KANA 9/22 $15.00 $205.000 +1266.6% $5709.5   Akamai Technologies Inc AKAM 10/29 $26.00 $327.625 +1160.9% $29631.0   Foundry Networks Inc FDRY 9/28 $25.00 $301.688 +1106.5% $16784.7   F5 Networks Inc FFIV 6/4 $10.00 $114.000 +1040.0% $2038.0   Silknet Software Inc SILK 5/5 $15.00 $165.750 +1005.0% $2485.9   Art Technology Group Inc ARTG 7/21 $12.00 $128.125 +967.0% $3915.1   Agile Software Corp AGIL 8/20 $21.00 $217.234 +934.4% $4346.2   Juniper Networks Inc JNPR 6/25 $34.00 $340.000 +900.0% $16796.1   Proxicom Inc PXCM 4/20 $13.00 $124.313 +856.5% $2951.1   Digital Island Inc ISLD 6/29 $10.00 $95.125 +851.5% $3373.7   InterNAP Network Services Corp INAP 9/29 $20.00 $173.000 +765.0% $11418.2   Scient Corp SCNT 5/14 $20.00 $86.438 +764.8% $5929.6 (split-2:1) DiTech Corp DITC 6/9 $11.00 $93.500 +750.0% $1100.2   Active Software Inc ASWX 8/13 $11.00 $92.000 +736.6% $2185.1   Sycamore Networks Inc SCMR 10/22 $38.00 $308.000 +710.2% $23733.4   Ask Jeeves Inc ASKJ 7/1 $14.00 $112.938 +706.% $2750.0   China.Com Corp CHINA 7/13 $20.00 $78.625 +686.5% $15803.6 (split-2:1) Bluestone Software Inc BLSW 9/24 $15.00 $115.000 +666.6% $1989.8   Silverstream Software Inc SSSW 8/17 $16.00 $119.000 +643.5% $2020.6   Chemdex Corp CMDX 7/27 $15.00 $111.000 +640.0% $3527.1   Portal Software Inc PRSF 5/6 $14.00 $102.875 +634.2% $7739.9   Allaire Corp ALLR 1/22 $20.00 $146.313 +631.6% $1530.2   Interwoven Inc IWOV 10/8 $17.00 $121.625 +615.4% $2632.2   NaviSite Inc NAVI 10/22 $14.00 $100.000 +614.8% $2631.6   FreeMarkets Inc FMKT 12/10 $48.00 $341.313 +611.6% $11589.3   Tumbleweed Software Corp TMWD 8/6 $12.00 $84.750 +606.5% $1808.6   VA Linux Systems Inc LNUX 12/9 $30.00 $206.625 +588.5% $8203.3   Informatica Corp INFA 4/29 $16.00 $106.375 +564.4% $1525.5   InterTrust Technologies Corp ITRU 10/27 $18.00 $117.625 +553.7% $4440.5   AremisSoft Corp AREM 4/22 $5.00 $32.500 +550.0% $448.5   Software.com Inc SWCM 6/24 $15.00 $96.000 +540.0% $3866.2   Netro Corp NTRO 8/19 $8.00 $51.000 +537.% $2239.6   Webtrends Corp WEBT 2/19 $13.00 $81.000 +523.7% N/A   Viant Corp VIAN 6/18 $16.00 $99.000 +518.5% $2026.3   Aironet Wireless Communications Inc AIRO 7/30 $11.00 $66.781 +507.% $906.0   Be Free Inc BFRE 11/3 $12.00 $71.875 +498.5% $1884.5   ImageX.Com Inc IMGX 8/26 $7.00 $41.875 +498.1% $675.3   Razorfish Inc RAZF 4/27 $16.00 $95.125 +494.3% $2291.4   Silicon Image Inc SIMG 10/6 $12.00 $70.063 +483.5% $1761.2   InterWorld Corp INTW 8/11 $15.00 $85.375 +469.6% $2249.5   HotJobs.Com Ltd HOTJ 8/10 $8.00 $43.688 +446.% $1160.1   CacheFlow Inc CFLO 11/19 $24.00 $130.688 +444.3% $4269.7   Accrue Software Inc ACRU 7/30 $10.00 $54.125 +441.5% $1061.4   Keynote Systems Inc KEYN 9/24 $14.00 $73.750 +426.8% $1680.7   Mediaplex Inc MPLX 11/18 $12.00 $62.750 +422.1% $1927.5   Netcentives Inc. NCNT 10/14 $12.00 $62.313 +419.7% $1981.1   Flycast Communications Corp FCST 5/4 $25.00 $129.938 +419.5% $1833.0   Clarent Corp CLRN 7/1 $15.00 $77.750 +418.3% $2044.9   Retek Inc RETK 11/18 $15.00 $75.250 +401.6% $3423.9   Intraware Inc ITRA 2/26 $16.00 $79.938 +399.1% $1880.9   US internetworking Inc USIX 4/9 $21.00 $69.875 +399.0% $4073.9 (split-1.5:1) SciQuest.com Inc SQST 11/19 $16.00 $79.500 +396.7% $1937.1   Cobalt Networks Inc COBT 11/5 $22.00 $108.375 +392.1% $2958.4   Extreme Networks Inc EXTR 4/9 $17.00 $83.500 +391.7% $3995.7   AdForce Inc ADFC 5/7 $15.00 $71.375 +375.3% N/A   Finisar Corp FNSR 11/12 $19.00 $89.875 +373.2% $4512.4   CyberSource Corp CYBS 6/24 $11.00 $51.750 +370.5% $1115.2   Viador Inc VIAD 10/26 $9.00 $42.375 +370.3% $671.9   Crossroads Systems Inc CRDS 10/20 $18.00 $84.500 +369.4% $2144.9   Covad Communications Group Inc COVD 1/22 $18.00 $55.938 +366.5% $3779.8 (split-1.5:1) Copper Mountain Networks Inc CMTN 5/13 $21.00 $48.750 +364.8% $2182.7 (split-2:1) iXL Enterprises Inc IIXL 6/3 $12.00 $55.500 +362.% $3528.6   Alteon Websystems Inc ATON 9/24 $19.00 $87.750 +361.4% $3358.0   SalesLogix Corp SLGX 5/27 $9.00 $41.063 +356.5% $734.7   Efficient Networks Inc EFNT 7/15 $15.00 $68.000 +353.3% $2452.6   Aether Systems Inc AETH 10/21 $16.00 $71.625 +347.5% $1867.0   CareInsite Inc CARI 6/16 $18.00 $80.500 +347.2% $5602.3   Maxygen Inc MAXY 12/16 $16.00 $71.000 +343.5% $2051.9   Mission Critical Software Inc MCSW 8/5 $16.00 $70.000 +337.% $921.9   Inet Technologies Inc INTI 5/27 $16.00 $69.875 +336.1% $3120.8   GlobeSpan Semiconductor Inc GSPN 6/23 $15.00 $65.125 +334.6% $1134.3   MetaSolv Software Inc MSLV 11/18 $19.00 $81.750 +330.6% $2720.5   Cysive Inc CYSV 10/15 $17.00 $72.063 +323.% $801.8   Internet Initiative Japan IIJI 8/4 $23.00 $97.188 +322.5% $4274.3   Caliper Technologies Corp CALP 12/15 $16.00 $66.750 +317.8% $1322.0   LifeMinders.com Inc LFMN 11/19 $14.00 $57.750 +312.% $1133.7   Primus Knowledge Solutions Inc PKSI 7/1 $11.00 $45.313 +311.3% $61.2   Data Return Corp DRTN 10/28 $13.00 $53.500 +311.3% $1843.6   Terra Networks S. A. TRRA 11/17 $13.41 $54.750 +308.7% $15083.6   Digex Inc DIGX 7/30 $17.00 $68.750 +304.1% $4125.0   OpenTV Corp OPTV 11/23 $20.00 $80.250 +301.5% $3511.9   NetIQ Corp NTIQ 7/30 $13.00 $52.063 +300.8% $761.4   FreeShop.Com Inc FSHP 9/28 $12.00 $48.000 +300.0% $717.8   Engage Technologies Inc ENGA 7/20 $15.00 $60.000 +300.0% $2814.7   Critical Path Inc CPTH 3/29 $24.00 $94.375 +293.2% $3215.9   Tanning Technology Corp TANN 7/23 $15.00 $58.938 +292.2% $1170.7   GoTo.Com Inc GOTO 6/18 $15.00 $58.750 +291.6% $2608.4   NVIDIA Corp NVDA 1/22 $12.00 $46.938 +291.5% $1342.2   United Pan Europe Communications NV UPCOY 2/12 $32.78 $127.500 +288.5% $15914.0   Be Inc BEOS 7/20 $6.00 $22.813 +280.1% $767.5   Calico Commerce Inc CLIC 10/7 $14.00 $53.000 +278.7% $1737.0   Stamps.com Inc STMP 6/25 $11.00 $41.625 +278.0% $1447.4   Wink Communications Inc WINK 8/19 $16.00 $60.063 +275.9% $1710.3   McAfee.com Corp MCAF 12/2 $12.00 $45.000 +275.0% $1901.2   Next Level Communications Inc NXTV 11/10 $20.00 $74.875 +274.7% $5947.9   Internet.Com Corp INTM 6/25 $14.00 $52.250 +273.1% $1222.7   Homestore.com Inc HOMS 8/5 $20.00 $74.250 +271.5% $4977.6   Chartered Semiconductor Manufacturing Ltd CHRT 10/29 $20.00 $73.000 +265.0% $9043.6   AppNet Systems Inc APNT 6/18 $12.00 $43.750 +264.8% $1331.8   Predictive Systems Inc PRDS 10/27 $18.00 $65.500 +263.8% $1476.5   About.Com BOUT 3/24 $25.00 $89.750 +259.0% $1039.9   Time Warner Telecom Inc TWTC 5/12 $14.00 $49.938 +256.% $4956.3   Backweb Technologies Ltd BWEB 6/8 $12.00 $42.125 +251.4% $1476.1   JNI Corp JNIC 10/27 $19.00 $66.000 +247.6% $1437.7   NetCreations Inc NTCR 11/12 $13.00 $44.000 +238.6% $660.0   Digital Impact Inc DIGI 11/23 $15.00 $50.125 +234.6% $1180.4   Sagent Technology Inc SGNT 4/14 $9.00 $29.938 +232.4% $708.6   Maker Communications Inc MAKR 5/11 $13.00 $42.750 +228.4% $749.7   OnDisplay Inc ONDS 12/17 $28.00 $90.875 +224.5% $1744.6   Ravisent Technologies, Inc. RVST 7/16 $12.00 $38.438 +220.1% $595.3   Immersion Corp IMMR 11/12 $12.00 $38.375 +219.9% $592.6   Perfumania.com Inc PF 9/29 $7.00 $22.250 +217.5% $166.9   eGain Communications Corp EGAN 9/23 $12.00 $37.750 +214.8% $1050.0   AirGate PCS, Inc. PCSA 9/28 $17.00 $52.750 +210.9% $571.0   Preview Systems Inc PRVW 12/8 $21.00 $64.875 +208.2% $1022.9   PC-Tel Inc PCTI 10/19 $17.00 $52.500 +208.2% $819.1   yesmail.com Inc YESM 9/23 $11.00 $33.813 +207.9% $687.2   Net2Phone Inc NTOP 7/29 $15.00 $45.938 +206.5% $2183.1   Versatel Telecom International VRSA 7/23 $11.51 $34.938 +203.4% $2126.3   CommTouch Software Ltd CTCH 7/13 $16.00 $48.563 +203.1% $660.6   C-Bridge Internet Solutions Inc CBIS 12/17 $16.00 $48.625 +203.0% $841.4   Pinnacle Holdings Inc BIGT 2/19 $14.00 $42.375 +202.7% $1271.2   Net Perceptions Inc NETP 4/23 $14.00 $42.000 +200.0% $895.5   Tut Systems Inc TUTS 1/28 $18.00 $53.625 +197.1% $588.1   Priceline.Com Inc PCLN 3/30 $16.00 $47.375 +196.9% $6742.4   iManage Inc IMAN 11/17 $11.00 $32.125 +192.4% $654.7   Wireless Facilities Inc WFII 11/5 $15.00 $43.625 +190.3% $1702.6   Illuminet Holdings Inc ILUM 10/8 $19.00 $55.000 +189.7% $1609.8   SonicWall Inc SNWL 11/11 $14.00 $40.250 +187.% $949.9   NETsilicon Inc NSIL 9/15 $7.00 $20.063 +186.1% $265.8   Onyx Software Corp ONXS 2/12 $13.00 $37.000 +184.1% $610.0   RoweCom Inc ROWE 3/9 $16.00 $45.375 +183.9% $437.0   NetRatings Inc NTRT 12/8 $17.00 $48.125 +183.8% $715.7   ITXC Corp ITXC 9/28 $12.00 $33.625 +180.0% $1170.0   BSquare Corp BSQR 10/20 $15.00 $41.938 +179.8% $1350.3   Loislaw.com Inc LOIS 9/30 $14.00 $39.125 +179.6% $819.3   Student Advantage Inc STAD 6/18 $8.00 $22.188 +177.5% $676.7   Bottomline Technologies Inc EPAY 2/12 $13.00 $36.000 +176.2% $356.9   Pacific Internet Pte Ltd PCNTF 2/5 $17.00 $46.938 +176.0% $576.1   Network Access Solutions Corp NASC 6/4 $12.00 $33.000 +175.0% $1452.0   Allscripts Inc MDRX 7/23 $16.00 $44.000 +175.0% $833.6   Juno Online Services Inc JWEB 5/26 $13.00 $35.500 +173.7% $1227.8   StarMedia Network Inc STRM 5/26 $15.00 $40.063 +167.8% $1979.1   Mail.com Inc MAIL 6/18 $7.00 $18.750 +167.5% $789.0   Golden Telecom Inc GLDN 9/30 $12.00 $32.000 +166.6% $729.6   Pac-West Telecomm Inc PACW 11/4 $10.00 $26.500 +165.0% $885.4   Neon Systems Inc NESY 3/5 $15.00 $39.250 +161.6% N/A   Interliant Inc INIT 7/8 $10.00 $26.000 +160.0% $1097.4   Airnet Communications Corp ANCC 12/7 $14.00 $36.375 +159.2% $808.4   MKS Instruments Inc MKSI 3/30 $14.00 $36.125 +158.3% $868.9   Agilent Technologies Inc A 11/18 $30.00 $77.313 +157.1% $39970.8   Datalink Corp DTLK 8/6 $7.50 $19.250 +156.6% $166.1   Luminant Worldwide (Clarant Worldwide Corp) LUMT 9/16 $18.00 $45.500 +152.7% $1063.2   Triton PCS Holdings Inc TPCS 10/28 $18.00 $45.500 +152.7% $2834.7   GetThere.com GTHR 11/23 $16.00 $40.250 +151.6% $1289.8   SmartDisk Corp SMDK 10/6 $13.00 $32.750 +151.2% $508.4   Expedia Inc EXPE 11/10 $14.00 $35.000 +150.0% $1337.0   Digimarc Corp DMRC 12/2 $20.00 $50.000 +150.0% $599.2   pcOrder com Inc PCOR 2/26 $21.00 $51.000 +142.5% $762.4   Digital Insight Corp DGIN 10/1 $15.00 $36.375 +142.% $514.4   NetSolve Inc NTSL 9/29 $13.00 $31.500 +142.0% $422.4   RADWare Ltd RDWR 10/1 $18.00 $43.125 +139.8% N/A   SERENA Software Inc. SRNA 2/12 $13.00 $30.938 +137.8% $748.8   Z-Tel Technologies Inc ZTEL 12/15 $17.00 $40.375 +137.% $1229.6   Bamboo.Com Inc BAMB 8/26 $7.00 $16.563 +136.1% $337.6   Optio Software Inc OPTO 12/15 $10.00 $23.500 +135.0% $397.6   TenFold Corp TENF 5/21 $17.00 $39.938 +134.2% N/A   Watchguard Technologies Inc WGRD 7/30 $13.00 $30.250 +132.9% $558.0   Marimba Inc MRBA 4/30 $20.00 $46.063 +130.1% $1047.7   Scientific Learning Corp SCIL 7/22 $16.00 $36.500 +128.2% $377.5   Worldgate Communications Inc WGAT 4/15 $21.00 $47.563 +126.9% $971.9   LookSmart Ltd. LOOK 8/20 $12.00 $27.000 +125.0% $2269.6   ASD Systems Inc ASDS 11/11 $8.00 $17.750 +121.7% $310.6   Talk City Inc TCTY 7/20 $12.00 $26.125 +117.0% $618.5   Latitude Communications Inc LATD 5/7 $12.00 $26.125 +117.0% $485.4   Symyx Technologies Inc SMMX 11/18 $14.00 $30.000 +114.8% $832.8   MarketWatch Com Inc MKTW 1/14 $17.00 $36.500 +114.0% $428.9   Virata Corp VRTA 11/17 $14.00 $29.875 +113.9% $581.7   Media Metrix Inc MMXI 5/7 $17.00 $35.750 +110.9% $598.0   TiVo Inc. TIVO 9/30 $16.00 $33.750 +110.3% $1206.1   PLX Technology Inc PLXT 4/6 $9.00 $18.938 +110.2% $410.3   Rudolph Technologies Inc RTEC 11/12 $16.00 $33.500 +109.7% $467.1   SBA Communications Corp SBAC 6/16 $9.00 $18.750 +108.3% $568.6   Gadzoox Networks Inc ZOOX 7/20 $21.00 $43.563 +107.4% $1071.1   Persistence Software Inc PRSW 6/25 $11.00 $22.500 +104.4% $415.1   Interactive Intelligence Inc ININ 9/23 $13.00 $26.625 +104.0% $356.0   Log On America Inc LOAX 4/22 $10.00 $20.250 +102.% $137.9   Drugstore.Com Inc DSCM 7/28 $18.00 $36.188 +101.4% $1535.0   IXnet Inc EXNT 8/12 $15.00 $30.125 +100.3% $1494.2   nFront Inc NFNT 6/29 $10.00 $20.000 +100.0% $283.9   Splitrock Services, Inc. SPLT 8/3 $10.00 $19.875 +98.5% $1140.5   Andover.Net Inc ANDN 12/8 $18.00 $35.625 +97.1% $534.4   Agency.Com Ltd ACOM 12/8 $26.00 $51.000 +96.5% $1721.1   Telecorp PCS Inc TLCP 11/23 $20.00 $38.000 +90.0% $3734.5   Wit Capital Group Inc WITC 6/4 $9.00 $17.000 +88.8% $1179.0   Plug Power Inc PLUG 10/29 $15.00 $28.250 +88.3% $1192.4   CAIS Internet Inc CAIS 5/20 $19.00 $35.500 +86.4% $674.1   Focal Communications Corp FCOM 7/28 $13.00 $24.125 +85.7% $1401.9   Internet Gold IGLD 8/6 $12.00 $22.250 +85.1% $409.4   Daleen Technologies Inc DALN 10/1 $12.00 $21.875 +82.9% $402.0   Lionbridge Technologies Inc LIOX 8/20 $10.00 $18.250 +82.% $277.8   GRIC Communications Inc GRIC 12/15 $14.00 $25.375 +81.5% $449.7   N2H2 Inc NTWO 7/30 $13.00 $23.500 +80.6% $472.3   iBasis Inc IBAS 11/10 $16.00 $28.750 +79.8% $878.0   Tritel Inc TTEL 12/14 $18.00 $31.688 +76.4% $3853.8   Liquid Audio Inc LQID 7/9 $15.00 $26.250 +75.0% $476.0   AppliedTheory Corp ATHY 4/30 $16.00 $27.750 +73.3% $568.1   Deltathree.com Inc DDDC 11/23 $15.00 $25.750