| IPO Company Profile |
| SEC Filings | Peer IPO Companies |
| Transistor Devices Inc. |
| 85 Horsehill Road, Cedar Knolls, NJ 07927 * (973) 267-1900 |
| The Company is a leading designer and manufacturer of high-power, fault-tolerant, uninterruptible electronic power supplies and other power systems used in mission critical applications. |
| Manager | Tier | Phone |
| ING Baring Furman Selz | Lead Manager | |
| Wheat First Union | Co-manager |
| NYSE: | TDV | Manufacturing: | SIC 3629 | |
| Type of Shares: | Common Shares | Filing Date: | 9/29/98 | |
| U.S. Shares Filed: | 3,600,000 | Filing Range: | $13.00 - $15.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $50,400,000 | |
| Primary Shares: | 2,150,000 | Expenses: | $700,000 | |
| Secondary Shares: | 1,450,000 | Post-IPO Shares: | 11,306,800 | |
| Employees: | 707 |
| Issuer's Law Firm: | Simpson, Thacher & Bartlett |
| Bank's Law Firm: | Willkie Farr & Gallagher |
| Auditor: | Arthur Andersen |
Dollar amounts in U.S. millions except for per share data | |||||
| Full Year Audited Income | Latest Unaudited Income | Prior Audited Income | Balance Sheet | ||
| 8/1/98 | 8/1/98 | ||||
| Revenue: | $115.65 | Assets: | $74.40 | ||
| Net Income: | $9.34 | Curr Assets: | |||
| EPS: | $1.04 | Liabilities: | $28.55 | ||
| Prior EPS: | $0.54 | Curr Liab: | |||
| Cash Flow/Oper: | $8.65 | Equity: | $45.85 | ||
| Cash Flow/Fin: | -$3.87 | Cash: | $5.38 | ||
| Cash Flow/Inv: | -$0.79 | Working Cap: | $33.78 | ||
| Competition |
| The Company faces strong competition in all its product lines from numerous domestic and foreign manufacturers of varying sizes located throughout the world, some of which have advantages in terms of labor and component costs and technology or have substantially greater resources and geographic presence. The degree of competition varies depending on the product line and application involved. The Company's products generally compete on the basis of price, product performance, features and delivery schedule. There can be no assurance that the Company will be able to compete favorably in any of its product lines. The Company may encounter competition from current and prospective customers that may decide to design and manufacture power supplies internally to lower costs or control production. In the event of an economic downturn, or when dealing with high-volume orders, price becomes an increasingly important competitive factor, which could cause the Company to reduce prices on its products and thereby adversely affect the Company's financial condition. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to repay indebtedness and for general corporate purposes. |