Manchester Equipment Co., Inc.

Ticker: MANC		160 Oser Avenue
Exchange: NASDAQ-National Market		Hauppauge, New York 11788
Industry: Wholesale		(516) 435-1199

Type of Shares:	Common Shares	Filing Date:	10/3/96
U.S. Shares:	2,500,000	Offer Date:	11/25/96
Non-U.S. Shares:	0	Filing Range:	$10.00 - $12.00
Primary Shares:	2,500,000	Offer Price:	$10.00
Secondary Shares:	0	Gross Spread:	$0.73
Offering Amount:	$27,500,000	Selling:	$0.44
Expenses:	$825,000	Reallowance:	$0.10
Shares Out After:	8,700,000

Manager	Tier	Phone
Ladenburg, Thalmann & Co. Inc.	Lead Manager	(212) 940-0100

	Audited Income	Latest Unaudited Income	Prior Unaudited Income		Balance Sheet
	7/31/96				7/31/96
Revenue:	$189.66			Assets:	$37.76
Net Income:	$4.01			Liabilities:	$24.85
EPS:	$0.64			Equity:	$12.91
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year

Business Description

The company is a systems integrator of computer hardware, software and networking products, primarily for commercial customers. The company offers its customers single-source solutions customized to their information systems needs by combining value-added services with hardware, software, networking products and peripherals from leading vendors. Over the past 20 years, the company has forged long-standing relationships with both customers and suppliers and has capitalized on the rapid developments in the computer industry, including the shift toward client/server-based platforms. Each year during this period, the company has been profitable and has generated growth in revenues. The company's marketing focus is on mid- to large-sized companies, which have become increasingly dependent upon complex information systems in an effort to gain competitive advantages.

Use of Proceeds

The proceeds from the proposed offering will be used to repay short-term debt, to expand its New York Metropolitan area operations, to upgrade its telecommunications system and for working capital.

Last updated: 12/8/96