On Tap Today: Net IPO Lockups Expire; Income, Chicago PMI Reports Coming

Internet Initiative Japan (IIJI) , Internet Capital Group (ICGE) , Internet Gold (IGLD) - Get Report -- there's a whole lotta Internet coming out of IPO lockup periods today. Check below for the whole list.

Janus Strategic Value

, a foray into value investing from the $240 billion growth fund titan, starts a one-month subscription period today. Today through Feb. 29 investors can reserve pre-launch shares at $10 a pop only through Janus and leading online broker

Charles Schwab

(SCH)

.

On March 1 the fund will collect investors' pledged assets and launch. Schwab

denies any conflict of interest, but in subscription deals the online broker gets

paid and extra fee to promote a new fund over others. Also,

subscription fund launches might have more benefits for fund companies than investors.

Schwab typically runs three or four fund subscriptions annually, but is off to a fast start this year. Its subscription offering of

Baron iOpportunity

also ends Feb. 29.

On the economic-data front, at 8:30 a.m. EST it's time to check out December

personal income and consumption

figures. And at 10 a.m., find out what the purchasing managers with big shoulders have to say.

Expected Earnings Reports

(

This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change. The full week's earnings calendar is published separately.

)

* Possibly reporting.

Economic Data

(

Forecasts are from

Reuters

Times are Eastern. For a longer-term economic calendar and more, see

TSC's

Economic Databank.

)

8:30 a.m.:Personal income for December. Source: Commerce Department. Forecast: +0.5%. Previous: +0.4%.
8:30 a.m.:Consumption for December. Source: Commerce Department. Forecast: +0.8%. Previous: +0.5%.
8:30 a.m.:APICS Business Outlook Index for January. Source: APICS. Forecast: N/A. Previous: 51.2.
10 a.m.:Chicago Purchasing Managers' Index for January. Source: National Association of Purchasing Management -- Chicago. Forecast: N/A. Previous: 54.6.

Conferences and Meetings

World Economic Forum Annual Meeting, Davos, Switzerland. Concludes tomorrow.

IPO Lockups Expiring

(TheStreet.com's

Ben Holmes, who heads

TSC's

ipoPros.com subsidiary, keeps a close eye on lockup expirations every week. For more on lockups and why they matter, check out Holmes' column on the subject.

)