| | Business Summary | | Merisel,
Inc.
is
a
distributor
of
computer
hardware
and
software
products
and
a
provider
of
logistics
and
electronic
services.
Through
its
main
operating
subsidiary,
Merisel
Americas
Inc.
(Merisel
Americas),
and
its
subsidiaries,
the
Company
operates
a
software
licensing
business
in
the
United
States.
In
addition,
through
a
newly
formed
subsidiary,
Optisel,
Inc.
(Optisel),
the
Company
operates
a
logistics
business
that,
combined
with
certain
electronic-fulfillment-business
assets
acquired
from
Value
America,
the
Company
intends
to
expand
to
include
a
full
range
of
logistics
and
electronic-services
capabilities
to
offer
to
manufacturers,
retailers
and
e-tailers
in
a
broad
range
of
industries.
The
Company
sold
its
Canadian
distribution
business
in
July
2001. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Merisel
Inc.
is
a
distributor
of
computer
hardware,
networking
equipment
and
software
products
and
a
computer
systems
reseller.
For
the
three
months
ended
3/31/01,
net
sales
decreased
82%
to
$164.7
million.
Net
loss
from
continuing
operations
before
extraordinary
item
applicable
to
Common
fell
38%
to
$13.1
million.
Revenues
reflect
a
decline
in
net
sales
for
the
U.S.
and
Canadian
distribution
businesses.
Lower
loss
was
offset
by
decreased
cost
of
sales
and
decreased
S/G/A
expenses. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
119,129;
after
tax
earnings
were
-23,915. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Timothy Jenson, 42
Pres,
CEO, Director | $428K | Jeffrey Hansen, 31
Pres
of Optisel, Inc. | -- | Mitchell Martin, 36
Pres
of Merisel Canada | 193K | James Stephens, 45
Pres,
U.S. Distribution | 219K | Karen Tallman, 44
Sr.
VP, Gen. Counsel, Sec. | 204K | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/msel.gif)