| Business Summary | | Farmstead
Telephone
Group,
Inc.
is
principally
a
secondary
market
reseller
and
Authorized
Remarketing
Supplier
of
Classic
Avaya
and
new
Avaya
Inc.
business
communication
products.
These
products
are
primarily
customer
premises-based
private
switching
systems
and
peripheral
telecommunications
products,
including
voice
processing
systems.
The
Company
also
provides
telecommunications
equipment
repair
and
refurbishing,
rental,
inventory
management,
and
related
value-added
services.
The
Company
sells
its
products
and
services
primarily
to
both
large
and
small
end-user
businesses,
government
agencies,
and
other
secondary
market
dealers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Farmstead
Telephone
Group
sells
used,
remanufactured,
refurbished
and
new
telephone
parts
and
systems
manufactured
by
Lucent.
For
the
six
months
ended
6/30/01,
revenues
fell
16%
to
$17.3
million.
Net
loss
totalled
$979
thousand
vs.
an
income
of
$202
thousand.
Revenues
reflect
current
economic
conditions
and
the
slowdown
in
capital
spending
for
technology
products.
Net
loss
reflects
the
start
up
of
InfiNet,
higher
compensation
costs
and
increased
bad
debt
write-offs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| George Taylor, Jr., 58 Chairman,
Pres, CEO | $452K | James Cooke III, 52 COO | -- | Robert LaVigne, 49 Exec.
VP, CFO, Sec., Treasurer | 193K | Alexander Capo, 50 Exec.
VP-New Bus. Devel. | 327K | Michael Johnson, 55 Exec.
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
|
|