| Business Summary | | Surge
Components,
Inc.
is
a
supplier
of
electronic
products
and
components.
These
products
include
capacitors,
which
are
electrical
energy
storage
devices,
and
discrete
components
such
as
semiconductor
rectifiers,
transistors
and
diodes,
which
are
single-function
low-power
semiconductor
products
that
are
packaged
alone,
as
compared
to
integrated
circuits
such
as
microprocessors.
Surge's
products
are
typically
utilized
in
the
electronic
circuitry
of
diverse
products,
including,
but
not
limited
to,
automobiles,
cellular
telephones,
computers,
consumer
electronics,
garage
door
openers,
household
appliances,
power
supplies
and
smoke
detectors.
Surge's
products
are
sold
to
both
original
equipment
manufacturers
(OEMs),
who
incorporate
them
into
their
products,
and
to
distributors
of
Surge's
product
lines.
The
Company
has
two
subsidiaries,
Challenge
and
MailEncrypt
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Surge
Components,
Inc.
is
a
supplier
of
electronic
products
and
components,
including
capacitors,
semiconductor
rectifiers,
transistors
and
diodes.
For
the
six
months
ended
5/31/01,
net
sales
fell
34%
to
$10
million.
Net
loss
totaled
$3.7
million
vs.
an
income
of
$1.2
million.
Revenues
reflect
the
surplus
of
certain
electronic
components
for
Challenge.
Net
loss
also
reflects
costs
related
to
the
MailEncryt
acquisition,
and
$2.2
million
in
financial
consulting
fees. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ira Levy, 44 Pres,
Director | $728K | Steven Lubman, 45 CFO,
VP, Sec., Director | 851K | Dollar amounts are as of 30-Nov-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
|
|