| Business Summary | | Medicore,
Inc.
has
four
business
segments,
including
the
medical
product
division,
which
distributes
medical
supplies;
the
international
contract
manufacturing
of
electronic
and
electro-mechanical
products,
primarily
for
the
data
processing,
telecommunications,
instrumentation
and
food
preparation
equipment
industries,
accomplished
through
its
71.3%
owned
public
subsidiary,
Techdyne;
the
operation
of
kidney
dialysis
centers
through
its
61%
owned
public
subsidiary,
Dialysis
Corporation
of
America;
and
the
investment
in
technology
companies
through
its
approximately
10%
interest
in
Linux
Global
Partners,
a
private
holding
company
that
invests
in
developing
Linux
software
companies.
On
December
11,
2000,
the
Company
signed
a
letter
of
intent
to
sell
a
controlling
interest
of
Techdyne
to
Simclar
International
Limited. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MDKI
manufactures
and
distributes
medical
products;
operates
kidney
dialysis
centers;
manufactures
electronic,
electromechanical
and
plastic
insert
and
injection
molded
products;
and
invests
in
technology
companies.
For
the
three
months
ended
3/31/01,
revenues
rose
15%
to
$17.4
million.
Net
loss
fell
93%
to
$25
thousand.
Revenues
reflect
higher
sales
of
Lytton.
Net
loss
also
reflects
a
decrease
in
cost
of
goods
sold
as
a
percentage
of
revenues
due
to
a
change
in
product
mix. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
4,503;
after
tax
earnings
were
-613. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Thomas Langbein, 55 Chairman,
Pres, CEO | $306K | Stephen Everett, 44 Pres
of Dialysis Corp. of America | 114K | Barry Pardon, 49 Pres
of Techdyne | 152K | Daniel Ouzts, 54 VP
- Fin. and Controller | -- | Seymour Friend, 80 VP | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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