| Business Summary | | Clare,
Inc.
is
a
provider
of
high-voltage
analog
and
mixed-signal
semiconductor
integrated
packages,
discrete
components
and
reed
switches
(DYAD)
to
the
manufacturers
of
electronic
communications,
computer
and
industrial
equipment.
The
Company's
primary
products
supply
the
interface
between
transmission
signals
and
electronic
devices
by
providing
the
basic
isolation
and
switching
functions
required
by
electronic
communications
applications.
Clare
is
a
major
business
in
the
semiconductor
segment
of
the
market
for
small
signal
relays.
Clare's
semiconductor
products
are
capable
of
integrating
a
number
of
functions
previously
provided
by
discrete
components
into
one
package,
and
have
contributed
to
the
development
of
a
number
of
new
product
applications
such
as
56K
PCMCIA
modems,
modem
interfaces
to
the
Internet,
cable
set-top
boxes
and
other
computer
telephony
uses
such
as
voice
mail
systems. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Clare,
Inc.
provides
high
voltage
analog
semiconductor
integrated
packages
and
components,
electromagnetic
relays
and
switches,
surge
protection
devices
and
specialized
electronic
components.
For
the
13
weeks
ended
6/24/01,
net
sales
fell
29%
to
$15.3
million.
Net
loss
totaled
$4.2
million,
up
from
$1.9
million.
Revenues
reflect
lower
sales
of
solid
state
relays
and
reed
switches.
Higher
loss
also
reflects
under
absorption
of
overhead
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Andrew Lietz, 61 Chairman | -- | Larry Mihalchik, 53 Pres,
CEO, Director | -- | Dennis Cocco, 46 Pres
of the Company's Clare Micronix Integrated Systems, Inc. subsidiary | $501K | Harry Andersen, 53 Sr.
VP and CFO | 171K | M. William Miller, 44 VP
of Global Manufacturing | 157K | Dollar amounts are as of 31-Mar-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
|
|