| Business Summary | | Lynch
Corporation
is
a
diversified
holding
company
with
subsidiaries
engaged
in
the
manufacture
of
electronics
components
and
manufacturing
equipment.
The
Company's
subsidiaries
include
Spinnaker
Industries
Inc.,
a
producer
of
adhesive-backed
materials;
M-tron
Industries,
Inc.,
a
manufacturer
of
custom
designed
electronic
components;
Lynch
Systems,
Inc.,
which
designs,
develops,
manufactures
and
markets
a
broad
range
of
manufacturing
equipment
for
the
electronic
display
and
consumer
glass
industries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LGL
is
a
holding
company.
Through
its
subsidiaries,
LGL
manufactures
and
sells
adhesive-backed
label
stock
for
labels
and
related
applications,
frequency
control
devices,
and
glass
forming,
impact
milling
and
other
equipment.
For
the
six
months
ended
6/30/01,
revenues
fell
6%
to
$98.9
million.
Net
loss
before
extraordinary
items
totalled
$44.7
million,
up
from
$618
thousand.
Results
reflect
decreased
selling
prices,
and
$38.1
million
in
asset
impairment
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Ralph Papitto, 73 Chairman,
CEO | -- | -- | Louis Guzzetti, Jr., 61 Pres,
Director | -- | -- | Anthony Casto, III Vice
Chairman | -- | -- | Mario Gabelli, 57 Vice
Chairman | $500K | $483K | Roger Dexter, 56 CFO,
Controller | -- | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|