| Business Summary | | Let's
Talk
Cellular
&
Wireless,
Inc.
is
an
independent
specialty
retailer
of
cellular
and
wireless
products,
services
and
accessories
through
approximately
250
stores
located
in
more
than
20
states,
the
District
of
Columbia
and
Puerto
Rico.
The
Company's
stores
offer
one-stop
shopping
for
consumers
to
purchase
cellular,
personal
communication
system
(PCS),
paging,
Internet,
satellite,
and
other
wireless
products
and
services
and
related
accessories.
The
Company
also
wholesales
cellular
and
wireless
products
and
accessories
to
more
than
500
accounts,
consisting
primarily
of
distributors,
carriers
and
smaller
independent
retailers.
On
May
30,
2000,
the
Company
filed
a
voluntary
petition
for
relief
under
chapter
11
of
the
United
States
Code
(Bankruptcy
Code)
with
the
United
States
Bankruptcy
Court
for
the
District
of
Delaware.
Pursuant
to
the
provisions
of
chapter
11
of
the
Bankruptcy
Code,
the
Company
continues
to
operate
its
businesses
in
the
ordinary
course
as
debtors-in-possession. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Let's
Talk
Cellular
and
Wireless,
Inc.
is
an
independent
specialty
retailer
of
cellular
and
wireless
products,
services
and
accessories
in
the
U.S.
For
the
nine
months
ended
4/99,
revenues
increased
64%
to
$107.4
million.
Net
income
from
continuing
operations
before
extraordinary
item
rose
87%
to
$3.1
million.
Revenues
benefitted
from
an
increase
in
the
number
of
retail
locations,
activation
commissions
and
residual
income,
and
acquisitions.
Earnings
reflect
a
rise
in
gross
profit. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1998 Pay | |
| David Eisenberg, 62 Chairman | -- | Brett Beveridge, 34 Pres,
CEO, Director | $243K | Daniel Cammarata, 37 CFO | -- | Dollar
amounts are as of 31-July-1998 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
|
|