| Rank |
Company
Name |
%
Change
offer to
3/31/99 |
Stock
Price
3/31/99 |
Offer
Price |
Offer
Date |
Gross
Proceeds
(millions) |
| 1 |
International Integration Inc. |
166.67% |
$32.00 |
$12.00 |
06/23/98 |
$30.1 |
| 2 |
Exchange Applications Inc. |
128.41% |
$25.13 |
$11.00 |
12/09/98 |
$33.0 |
| 3 |
Tweeter Home Entertainment Group
Inc. |
89.71% |
$32.25 |
$17.00 |
07/16/98 |
$46.1 |
| 4 |
Artificial Life Inc. |
78.68% |
$15.19 |
$8.50 |
12/17/98 |
$13.6 |
| 5 |
Mercury Computer Systems Inc. |
71.43% |
$18.00 |
$10.50 |
03/30/98 |
$36.8 |
| 6 |
Provant Inc. |
37.50% |
$17.88 |
$13.00 |
04/29/98 |
$33.8 |
| 7 |
Charles River Associates |
30.41% |
$24.13 |
$18.50 |
04/24/98 |
$40.5 |
| 8 |
Mystic Financial Inc. |
18.25% |
$11.63 |
$10.00 |
01/09/98 |
$217.0 |
| 9 |
NorthEast Optic Network Inc. |
17.71% |
$14.13 |
$12.00 |
07/31/98 |
$54.0 |
| 10 |
Network-1 Security Solutions Inc. |
14.58% |
$6.88 |
$6.00 |
11/12/98 |
$10.2 |
| 11 |
Brookline BanCorp Inc. |
13.75% |
$11.38 |
$10.00 |
03/25/98 |
$119.0 |
| 12 |
Bay State BanCorp Inc. |
2.75% |
$20.50 |
$20.00 |
03/30/98 |
$80.0 |
| 13 |
Seacoast Financial Services Corp. |
-1.25% |
$9.88 |
$10.00 |
11/17/98 |
$136.0 |
| 14 |
Freedom Securities Corp. |
-19.71% |
$15.94 |
$20.00 |
04/02/98 |
$148.0 |
| 15 |
Merkert American Corp. |
-27.50% |
$10.88 |
$15.00 |
12/16/98 |
$66.0 |
| 16 |
American Dental Partners Inc. |
-47.50% |
$7.88 |
$15.00 |
04/16/98 |
$33.8 |
| 17 |
Atlantic Data Services Inc. |
-68.75% |
$4.06 |
$13.00 |
05/22/98 |
$32.5 |
| 18 |
Giga Information Group Inc. |
-69.00% |
$3.88 |
$12.50 |
07/30/98 |
$37.5 |
| Source: Nordby
International, Inc., Boulder, Co. |
