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INDEPENDENT ACCOUNTANT'S REPORT
We have reviewed the accompanying balance sheet of Surge Components Inc. and
subsidiaries as of August 31, 2000, the related statements of income and
comprehensive income for the nine and three months ended August 31, 2000 and
1999 and the statements of cash flows for the nine months ended August 31, 2000
and 1999. These financial statements are the responsibility of the Company's
management.
We conducted our review in accordance with standards established by the American
Institute of Certified Public Accountants. A review of interim financial
information consists principally of applying analytical procedures to financial
data and making inquiries of persons responsible for financial and accounting
matters. It is substantially less in scope than an audit conducted in accordance
with generally accepted auditing standards, the objective of which is the
expression of an opinion regarding the financial statements taken as a whole.
Accordingly, we do not express such an opinion.
Based on our review, we are not aware of any material modifications that should
be made to the accompanying financial statements for them to be in conformity
with generally accepted accounting principles.
Seligson & Giannattasio, LLP
N. White Plains, NY
January 12, 2001
