6/15/2006

VeraSun IPO has blockbuster debut

VeraSun IPO was up 30% on debut. Given the prevailing market sentiment, that's an excellent start. Investors continue to have appetite for alternative energy. There are two more Ethanol companies waiting in the wings for IPO.

Over 250 companies have IPOed in last one and half years out of which around 75 IPOed this year. Some offered very good after market returns.

Symbol TotalRet Aftermarket Return
FMCN 222.10% 171.00%
BIDU 194.10% -35.20%
UARM 184.60% 46.20%
CMG 164.30% 32.20%
ARXT 146.10% 62.50%
VPRT 137.10% 86.60%
BKD 133.70% 74.60%
KNXA 124.20% 123.20%
ACLI 117.60% 61.50%
WBMD 111.80% 51.90%
MWIV 92.80% 54.30%
HITT 91.50% 67.40%
SWSI 91.20% 35.70%
BOT 82.90% 23.00%
ICE 80.80% 19.70%
ALJ 72.70% 60.20%
FNET 70.30% 69.40%
CBEY 67.70% 67.70%
IHS 61.30% 50.90%
VLCM 57.70% 12.00%
VOCS 56.80% 41.10%
CLMT 55.80% 54.00%
STP 55.30% 9.90%
ROLL 54.60% 46.80%
CMED 53.90% 42.50%



Some of the other hot IPO's creating buzz are fashion retailer J Crew Group and Synchronoss Technologies which provides online transaction management software for wireless/VoIP providers.

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