IPOs/recent issues: New Focus –

Santa Clara, Calif.

Went public 5/18/2000 at $20 apiece

Filing Range:5 mil. shares @ $16 to $18

Shares Outstanding: 58.34 mil. shares

Underwriters: Credit Suisse First Boston

US Bancorp Piper Jaffray/CIBC World Markets/Chase H&Q

Company Counsel: Wilson Sonsini Goodrich & Rosati

Manager Counsel:Brobeck Phleger & Harrison LLP

Auditor: Ernst & Young LLP

The Company:

Develops optical components and photonic tools. It is also a supplier of high-tech hardware.

Venture Backers:

Morgenthaler Ventures

U.S. Venture Partners

Financing Rounds

Number of Round Amt.

Round # Round Date Stage Investors ($ thousands)

1 06/14/1999 3 Early Stage $12500.0

2 12/07/1999 3 Expansion 27800.0

Financials:

(Data in $ millions)

3 MOS.

03/31/00

Total Revenues: $27.9

Net Loss: -20.1