Of the 105 IPOs from October 20, 2006 through March 9, 2007, the average gain was 16% For the 10 companies in the tech sector, the average gain was 12%
Going into their IPOs Four were profitable AeroVironment (AVAV) IPG Photonics (IPGP) Opnext (OPXT) and Mellanox Technologies (MLNX)

Six were unprofitable Clearwire (CLWR) Guidance Software (GUID) Isilon Systems (ISLN) Salary.com (SLRY) Sourcefire (FIRE) and Switch and Data (SDXC)

Follow-on analysis of Clearwire Corp. (CLWR) a wireless broadband company, Sourcefire (FIRE)
involved in network security, and Xinhua Finance Media Limited (XFML) a Chinese business and financial news corporation.

Discussed this week: BigBand Networks (BBND) who provides network platforms for cable operators and telephone companies. Competitors include Cisco Systems, Inc. (CSCO) Motorola Inc. (MOT)

FCStone Group (FCSX) a commodity risk management consulting firm. FCSX operates as an integrated FCM (futures commission merchant), which is an organization which assists primarily middle-market customers inoptimizing their profit margins and mitigatingcommodity price risk..

Photowatt Tech (PHWT) a company that designs, manufactures and sells photovoltaic solar cells & modules. Photowatt competitors include Suntech Power Holdings Co. Ltd. (STP) and SunPower Corporation (SPWR)

Tongjitang Chinese Med (TCM) is a specialty pharmaceutical company in China involved in modernized trad Chinese medicine. The flagship product, Xianling Gubao, is the leading
traditional Chinese medicine for the treatment of osteoporosis in China

This is the first full IPO Hadrball podcast. This week the following firms are covered.

Clearwire (CLWR) The Business builds and operates next generation wireless broadband http://en.wikipedia.org/wiki/Broadband_wireless networks that enable fast, simple, portable, reliable and affordable Internet communications.

Xinhua Finance http://www.xinhuafinance.com/en/ (XFML) The business acquired companies to build an integrated platform of media products and services . Outlets reach an estimated 210 million potential television viewers, a potential listening audience of 33 million people, and the readers of leading magazines and newspapers.

Sourcefire (FIRE) The business is a leading provider of intelligence driven, open source network security http://sectools.org/ solutions that enables customers to protect their computer networks in an effective, efficient and highly automated manner.

OncoGenex (OCGI) The business is a biopharmaceutical company committed to the development and commercialization of new cancer therapies http://en.wikipedia.org/wiki/Cancer that address treatment resistance in cancer patients. Product candidates are being developed to block the production of specific proteins associated with the development of treatment resistance which OGXI believes will increase survival time and improve the quality of life for cancer patients.