New Issue Performance for the Week of 3/28/06

Issuer IPO Offer Price First Day Close 3/28/2006 % change from offer price % change from first day close Issue date
Clayton Holdings Yes $17.00 $21.00 $20.43 20.18% -2.71% 3/24/2006
Global Traffic Network Yes $5.00 $5.20 $5.30 6.00% 1.92% 3/24/2006
Tim Hortons Yes $23.16 $28.17 $26.48 14.34% -6.00% 3/24/2006
Nextest Systems Yes $14.00 $17.10 $16.15 15.36% -5.56% 3/22/2006
TransDigm Yes $21.00 $24.10 $24.70 17.62% 2.49% 3/15/2006
Eagle Test Systems Inc. Yes $15.50 $15.50 $14.25 -8.06% -8.06% 3/9/2006
Alexa Pharmaceuticals Yes $8.00 $8.51 $9.81 22.63% 15.28% 3/8/2006
Pacific Airport Group Yes $21.00 $28.26 $32.39 54.24% 14.61% 2/24/2006
Liquidity Services Yes $10.00 $12.29 $13.00 30.00% 5.78% 2/23/2006
Morgan’s Hotel Group Yes $20.00 $19.89 $17.82 -10.90% -10.41% 2/14/2006
Acorda Therapeutics Yes $6.00 $6.72 $5.66 -5.67% -15.77% 2/10/2006
AmComp. Inc Yes $9.00 $9.00 $9.15 1.67% 1.67% 2/10/2006
Magellan Midstream Holdings Yes $24.50 $24.00 $22.95 -6.33% -4.38% 2/10/2006
ExCo Resources Yes $13.00 $13.05 $12.18 -6.31% -6.67% 2/9/2006
Morton’s Restaurant Group Yes $17.00 $17.90 $17.00 0.00% -5.03% 2/9/2006
Nighthawk Radiology Services Yes $16.00 $20.65 $25.44 59.00% 23.20% 2/9/2006
NTELOS Holding Corp Yes $12.00 $11.95 $14.05 17.08% 17.57% 2/9/2006
Crocs Inc Yes $21.00 $28.55 $23.85 13.57% -16.46% 2/8/2006
Resource Capital Yes $14.00 $14.00 $14.26 1.86% 1.86% 2/7/2006
Cardica Yes $10.10 $10.35 $8.24 -18.42% -20.39% 2/3/2006
Energy Transfer Equity Yes $21.00 $22.65 $24.12 14.86% 6.49% 2/3/2006
HealthSpring Yes $19.50 $21.98 $18.58 -4.72% -15.47% 2/3/2006
SMART Modular Technologies Yes $9.00 $8.54 $8.30 -7.78% -2.81% 2/3/2006
Digital Music Group Yes $9.75 $9.25 $9.39 -3.69% 1.51% 2/2/2006
Thomas Weisel Partners Group Yes $15.00 $19.90 $23.48 56.53% 17.99% 2/2/2006
Valera Pharmaceuticals Yes $9.00 $9.84 $10.19 13.22% 3.56% 2/2/2006
Koppers Holdings Yes $14.00 $15.75 $20.25 44.64% 28.57% 2/1/2006
SGX Pharmaceuticals Yes $6.00 $6.00 $8.79 46.50% 46.50% 2/1/2006
Ternium SG Yes $20.00 $23.37 $26.95 34.75% 15.32% 2/1/2006
FortuNet Yes $9.00 $9.05 $14.65 62.78% 61.88% 1/31/2006
H&E Equipment Services Yes $18.00 $23.10 $27.99 55.50% 21.17% 1/31/2006
IncrediMail Yes $7.50 $8.51 $8.24 9.87% -3.17% 1/31/2006
Regency Energy Partners Yes $20.00 $19.81 $21.80 9.00% 10.05% 1/31/2006
Calumet Speciality Products Yes $21.50 $22.20 $26.50 23.26% 19.37% 1/27/2006
Traffic.com Yes $12.00 $12.01 $8.93 -25.58% -25.65% 1/27/2006
Chipolte Mexican Grill Yes $22.00 $44.00 $53.20 141.82% 20.91% 1/26/2006
American Railcar Industries Yes $21.00 $22.96 $34.99 66.62% 52.40% 1/20/2006
Western Refining Yes $17.00 $18.59 $20.65 21.47% 11.08% 1/19/2006
Linn Energy Yes $21.00 $22.00 $20.35 -3.10% -7.50% 1/17/2006