| Business Summary | | Pacific
Magtron
International
Corp.
provides
computer
and
information
technology
solutions
through
its
operating
subsidiaries,
Pacific
Magtron,
Inc.
(PMI),
Pacific
Magtron
(GA),
Inc.
(PMIGA)
and
FrontLine
Network
Consulting,
Inc.
(FrontLine).
PMI
fulfills
the
multimedia
hardware
needs
of
system
integrators,
value-added
resellers,
retailers,
original
equipment
manufacturers,
software
vendors
and
Internet
resellers
through
the
wholesale
distribution
of
computer-related
multimedia
hardware
components
and
software.
In
August
2000,
the
Company
formed
PMIGA
for
the
distribution
of
PMI's
products
in
the
eastern
United
States.
FrontLine
serves
as
a
corporate
information
services
group
catering
to
the
networking
and
Internet
infrastructure
requirements
of
corporate
clients.
In
January
1999,
the
Company
formed
Lea
Publishing,
L.L.C.,
a
limited
liability
company,
to
develop,
sell
and
license
software
designed
to
provide
Internet
users,
resellers
and
providers
advanced
solutions
and
applications. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Pacific
Magtron
International
is
primarily
engaged
in
the
wholesale
distribution
of
computer
and
related
hardware
components
and
software
for
personal
computers
to
value
added
resellers,
retailers,
system
integrators,
OEMs
and
others.
For
the
six
months
ended
6/30/01,
sales
fell
22%
to
$34.9
million.
Net
loss
totaled
$1.7
million
vs.
an
income
of
$183
thousand.
Results
reflect
the
overall
decline
in
the
computer
component
market
and
increased
professional
services
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Theodore Li, 43 Pres,
Treasurer, Director | $127K | Hui Lee, 38 Director
and Sec. | 127K | 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
|
|