Table: Who Wants Not To Be A Millionaire?
Before Nasdaq bombed, everyone talked about how great IPOs were. Here's how 2000 IPOs launched by top investment banks are doing now. We compared companies' recent prices with their closing prices on the first day of trading. So who's a genius now? Number Average Post-IPO Bank of Deals Performance* Goldman Sachs 54 +0.9% Credit Suisse First Boston 50 -2.3% Merrill Lynch 27 -10.5% Morgan Stanley Dean Witter 34 -14.7% * Based on prices at Aug. 24 close DATA: THOMSON FINANCIAL SECURITIES DATA
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