<PAGE>1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-Q
AMENDMENT
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGE
ACT OF 1934
For the quarterly period ended January 31, 1997
or
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
For the transition period from __________ to ____________
COMMISSION FILE NUMBER 0-21695
Manchester Equipment Co., Inc.
(Exact name of registrant as specified in its charter)
New York 11-2312854
(State or other jurisdiction of (I.R.S. Employer
Incorporation or organization) Identification Number)
160 Oser Avenue
Hauppauge, New York 11788
(Address of registrant's principal executive offices)
(516) 435-1199
(Registrant's telephone number, including area code)
Indicate by check mark whether the registration (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.
[X] Yes [ ] No
Indicate the number of shares outstanding of each of the issuer's classes of
stock, as of the latest practicable date.
There were 8,525,000 outstanding shares of COMMON STOCK at February 28,
1997.
<PAGE>2
Item 6. Exhibits and Reports
(a) Exhibits
--------
Exhibit No. Description
----------- -----------
27 Financial Data Schedule
(AMENDED) (AMENDED)
(b) Reports on Form 8-K
-------------------
None
<PAGE>3
MANCHESTER EQUIPMENT CO., INC.
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
MANCHESTER EQUIPMENT CO., INC.
------------------------------
(Registrant)
DATE: March 13, 1997 /s/ Barry Steinberg
-------------------
Barry Steinberg
President and Chief Executive Officer
DATE: March 13, 1997 /s/ Joseph Looney
-----------------------------
Joseph Looney
Chief Financial Officer
<TABLE> <S> <C>
<ARTICLE> 5
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> NOV-1-1996
<PERIOD-END> JAN-31-1997
<CASH> 14,746
<SECURITIES> 0
<RECEIVABLES> 22,113
<ALLOWANCES> 1,090
<INVENTORY> 10,719
<CURRENT-ASSETS> 47,106
<PP&E> 5,776
<DEPRECIATION> 3,529
<TOTAL-ASSETS> 50,331
<CURRENT-LIABILITIES> 14,750
<BONDS> 0
0
0
<COMMON> 85
<OTHER-SE> 35,093
<TOTAL-LIABILITY-AND-EQUITY> 50,331
<SALES> 95,671
<TOTAL-REVENUES> 95,671
<CGS> 82,191
<TOTAL-COSTS> 82,191
<OTHER-EXPENSES> 10,293
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 191
<INCOME-PRETAX> 3,146
<INCOME-TAX> 1,296
<INCOME-CONTINUING> 1,850
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,850
<EPS-PRIMARY> .26
<EPS-DILUTED> .26
</TABLE>
