-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001171843-04-000328.txt : 20041109
<SEC-HEADER>0001171843-04-000328.hdr.sgml : 20041109
<ACCEPTANCE-DATETIME>20041108181651
ACCESSION NUMBER:		0001171843-04-000328
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20041108
ITEM INFORMATION:		Results of Operations and Financial Condition
FILED AS OF DATE:		20041109
DATE AS OF CHANGE:		20041108

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAITRON COMPONENTS INC
		CENTRAL INDEX KEY:			0000942126
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		IRS NUMBER:				954249240
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25844
		FILM NUMBER:		041127020

	BUSINESS ADDRESS:	
		STREET 1:		25202 ANZA DR
		CITY:			SANTA CLARITA
		STATE:			CA
		ZIP:			91355
		BUSINESS PHONE:		8052576060

	MAIL ADDRESS:	
		STREET 1:		25202 ANZA DR
		CITY:			SANTA CLARITA
		STATE:			CA
		ZIP:			91355
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>document.htm
<DESCRIPTION>FORM 8-K FILING DOCUMENT
<TEXT>
<!DOCTYPE html
	PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN"
	"http://www.w3.org/TR/html4/loose.dtd">
<html lang="en-US">
<head>
  <title>Form 8-K Filing</title>
</head>

<body>

<p align="center">
  <font size="5">
    <b>UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION<br></b>
  </font>
</p>

<p align="center">
  <font size="3">
    <b>Washington, D.C. 20549</b><br>
  </font>
</p>


<hr noshade="1" width="150" align="center">
<p align="center">
  <font size="5">
    <b>FORM 8-K</b><br>
  </font>
</p>


<hr noshade="1" width="150" align="center">
<p align="center">
  <font size="3">
    <b>CURRENT REPORT</b><br>
  </font>
</p>


<p align="center">
  <font size="3">
    <b>Pursuant to Section&nbsp;13 OR 15(d) of<br>The Securities Exchange Act of 1934</b><br>
  </font>
</p>


<p align="center">
  <font size="3">
    <b>November 8, 2004</b><br>
	(Date of earliest event reported)
  </font>
</p>

<hr noshade="1" width="150" align="center">

<p align="center">
  <font size="5">
    <b>Taitron Components Incorporated</b>
  </font>
   <br> <font size="2">
    (Exact name of registrant as specified in its charter)
  </font>
</p>




<!-- Registrant's State of Inc, File and IRS Number -->
<table cellpadding="0" border="0" width="100%" cellspacing="0">

   <tr valign="top">
    <td width="32%" align="center">
      <br> <font size="2">
        <b>CA</b>
      </font>
    </td>
     <td width="3%">
      &nbsp;
    </td>
     <td width="32%" align="center">
      <br> <font size="2">
        <b>000-25844</b>
      </font>
    </td>
     <td width="3%">
      &nbsp;
    </td>
     <td width="32%" align="center">
      <br> <font size="2">
        <b>95-4249240</b>
      </font>
    </td>
  </tr>

   <tr valign="top">
    <td width="32%" align="center">
      <font size="2">
        (State or other jurisdiction<br>of incorporation)
      </font>
    </td>
     <td width="3%">
      &nbsp;
    </td>
     <td width="32%" align="center">
      <font size="2">
        (Commission File Number)
      </font>
    </td>
     <td width="3%">
      &nbsp;
    </td>
     <td width="32%" align="center">
      <font size="2">
        (IRS Employer Identification No.)
      </font>
    </td>
  </tr>

</table>


<!-- Registrant's Postal Addess and Zip Code -->
<br><br><table cellpadding="0" border="0" width="100%" cellspacing="0">

   <tr valign="top">
    <td width="19%">
      &nbsp;
    </td>
     <td width="47%" align="center">
      <br> <font size="2">
        <b>28040 West Harrison Parkway, Valencia</b>
      </font>
    </td>
     <td width="2%">
      &nbsp;
    </td>
     <td width="13%" align="center">
      <br> <font size="2">
        <b>91355</b>
      </font>
    </td>
     <td width="19%">
      &nbsp;
    </td>
  </tr>

   <tr valign="top">
    <td width="19%">
      &nbsp;
    </td>
     <td width="47%" align="center">
      <font size="2">
        (Address of principal executive offices)
      </font>
    </td>
     <td width="2%">
      &nbsp;
    </td>
     <td width="13%" align="center">
      <font size="2">
        (Zip Code)
      </font>
    </td>
     <td width="19%">
      &nbsp;
    </td>
  </tr>

</table>
<p align="center">
  <font size="2">
    Registrant's telephone number, including area code: &nbsp;
    <b>(661) 257-6060</b>
  </font>
</p>

<p align="center">
  <font size="2">

  </font>
</p>

<!-- Simultaneous filing obligation checkboxes -->
<br><br><table cellpadding="0" border="0" width="100%" cellspacing="0">
	<tr valign="top">
	<td colspan=3>
	<font size="2">Check the appropriate box below if the Form 8-K
	filing is intended to simultaneously satisfy the filing obligation
	of the registrant under any of the following provisions:</font>
	</td>
	</tr>
	<tr valign="top">
		<td width="5%">&nbsp;</td>
		<td><font size="2">
			[  &nbsp; ]
		</font></td>
		<td><font size="2">
			Written communications pursuant to Rule 425
			under the Securities Act (17 CFR 230.425)
		</font></td>
	</tr>
	<tr valign="top">
		<td width="5%">&nbsp;</td>
		<td><font size="2">
			[  &nbsp; ]
		</font></td>
		<td><font size="2">
			Soliciting material pursuant to Rule 14a-12(b) under
			the Exchange Act (17 CFR 240.14a-12)
		</font></td>
	</tr>
	<tr valign="top">
		<td width="5%">&nbsp;</td>
		<td><font size="2">
			[  &nbsp; ]
		</font></td>
		<td><font size="2">
			Pre-commencement communications pursuant to Rule 14d-2(b)
			under the Exchange Act (17 CFR 240.14d-2(b))
		</font></td>
	</tr>
	<tr valign="top">
		<td width="5%">&nbsp;</td>
		<td><font size="2">
			[  &nbsp; ]
		</font></td>
		<td><font size="2">
			Pre-commencement communications pursuant to Rule 13e-4(c)
			under the Exchange Act (17 CFR 240.13e-4(c))
		</font></td>
	</tr>
</table>

<hr noshade="1">
<p>
  <font size="3">
    <b>Item 2.02 Results of Operations and Financial Condition</b>
  </font>
</p>

<p>
  <font size="2">
    On November 8, 2004 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated here in by reference.
  </font>
</p>

<p>
  <font size="3">
    <b>Item 9.01. Financial Statements and Exhibits.</b>
  </font>
</p>

<p>
  <font size="2">
    &nbsp; &nbsp; Exhibit 99.1.  &nbsp; &nbsp; &nbsp; Press release dated November 8, 2004
  </font>
</p>

<!-- Exhibit Listing -->
<hr noshade="1">
<br>
<table cellpadding="6" border="0" width="100%" cellspacing="0">
  <tr valign="top">
    <td width="20">&nbsp;</td>
    <td colspan="2"><b><font size="3">Exhibit Index</font></b></td>
  </tr>
  <tr valign="top">
    <td width="20">&nbsp;</td>
    <td width="30" align="center"><font size="2">99.1</font></td>
    <td width="300"><font size="2">Press release dated November 8, 2004</font></td>
  </tr>
</table>
<br> <br> <br> <br> <br> <br>


<hr noshade="1">

<!-- Registrant's Signature -->
<p align="center">
  <font size="3">
	<b>SIGNATURE</b>
  </font>
</p>

<p>
  <font size="2">
    &nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities
	Exchange Act of 1934, as amended, the Registrant has duly caused this report to be
	signed on its behalf by the undersigned hereunto duly authorized.
  </font>
</p>

<table cellpadding="0" border="0" width="100%" cellspacing="0">
   <tr valign="top">
    <td width="47%">
      &nbsp;
    </td>
     <td width="5%">
      &nbsp;
    </td>
     <td width="47%" align="center">
      <font size="2">
        <b>Taitron Components Incorporated</b>
      </font>
       <hr noshade="1"> <font size="2">
        (Registrant)<br><br>
      </font>
    </td>
  </tr>

   <tr valign="top">
    <td width="47%" align="center">
      <font size="2">
        <b>November 8, 2004</b>
      </font>
       <hr noshade="1"> <font size="2">
        (Date)
      </font>
    </td>
     <td width="5%">
      &nbsp;
    </td>
     <td width="47%" align="center">
      <font size="2">
        <b>/s/ &nbsp; STEWART WANG</b>
      </font>
       <hr noshade="1"> <font size="2">
        Stewart Wang
      </font>
       <br> <font size="2">
        <i>Chief Executive Officer, Director, Chief Financial Officer and Principal Accounting Officer</i>
      </font>
    </td>
  </tr>

</table>

</body>

</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>newsrelease.htm
<DESCRIPTION>PRESS RELEASE
<TEXT>
<html>
  <head>
    <title>Taitron Reports Third Quarter 2004 Results</title>
  </head>
  <body><p align="right">EXHIBIT 99.1</p><h3 align="center">Taitron Reports Third Quarter 2004 Results</h3>
<p>
LOS ANGELES, Nov. 8, 2004 (PRIMEZONE) -- Taitron Components Incorporated (Nasdaq:TAIT) today announced financial results for its third quarter ended September 30, 2004.
</p>
<p>
The Company reported net sales of $2,371,000, for the quarter ended September 30, 2004, an increase of 15% compared with $2,069,000 for the same quarter a year earlier. The Company also reported net earnings of $29,000 or $0.01 earnings per basic and diluted share for the quarter ended September 30, 2004, compared with net earnings of $222,000, or $0.04 earnings per basic and diluted share for the same quarter last year.
</p>
<p>
Stewart Wang, president and chief executive officer, said, &quot;Comparing earnings to the same quarter and year to date last year, the decrease was attributable to the $663,000 gain from the sale of our former warehouse facility during the same quarter in 2003. As for overhead control, our quarterly selling, general and administrative expenses decreased 19% when compared to the average quarterly expenses during 2003. While market demand was slower than anticipated, caused by weakness in all of our end markets, we continued our efforts this quarter on reducing inventory and repayment of outstanding debt.&quot;
</p>
<p>
Wang continued, &quot;Because of recent weakness experienced, our earnings may decrease near the break-even level for the year 2004, although we do expect business to improve in first half of 2005. To increase shareholder value, we'll continue to buy-back our stock in the open market. Our long-term growth strategy is to rely not only on the existing component fulfillment service, but also the value-added engineering service to support our existing small and medium size OEM customers in outsourcing their product design and manufacturing work offshore.&quot;
</p>
<p>
Taitron, based in Valencia, California, is the &quot;Discrete Components Superstore&quot;. The Company distributes a wide variety of transistors, diodes and other discrete semiconductors, optoelectronic devices and passive components to other electronic distributors, contract electronic manufacturers (CEMs) and original equipment manufacturers (OEMs), who incorporate them into their products.
</p>
<p>
Statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Potential risks and uncertainties include, but are not limited to, factors such as general economic conditions, fluctuations in product demand and market acceptance, the Company's ability to maintain customer and vendor relationships, technological advancements, impact of competitive products and pricing, risks of foreign operations and other information detailed from time to time in the Company's reports filed or to be filed with the U.S. Securities and Exchange Commission. The Company urges all interested parties to read these reports to gain a better understanding of the many business and other risks that the Company faces. Additionally, the Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements, which may be made to reflect e
vents or circumstances occurring after the date of this release or to reflect the occurrence of unanticipated events.
</p>
<pre>

                    Taitron Components Incorporated

            Condensed Consolidated Statements of Operations
           (Dollars in thousands, except per share amounts)

                         Three months ended      Nine months ended
                            September 30,           September 30,
                          2004        2003        2004        2003
                       ----------  ----------  ----------  ----------
                                        (Unaudited)


 Net sales             $    2,371  $    2,069  $    7,509  $    7,548
 Cost of goods sold         1,665       1,451       5,395       5,233
                       ----------  ----------  ----------  ----------
  Gross profit                706         618       2,114       2,315

 Selling, general and
  administrative
  expenses                    636         739       1,907       2,356
                       ----------  ----------  ----------  ----------
    Operating income
     (loss)                    70        (121)        207         (41)

 Gain on sale of assets        --         663          --         663
 Interest expense, net        (44)        (89)       (160)       (288)

 Other income (expense),
  net                           3         (11)         16          22
                       ----------  ----------  ----------  ----------
 Income before income
  taxes                        29         442          63         356

 Income tax provision          --         220          --         220
                       ----------  ----------  ----------  ----------
 Net income            $       29  $      222  $       63  $      136
                       ==========  ==========  ==========  ==========
 Net income per share:
  Basic                $     0.01  $     0.04  $     0.01  $     0.02
                       ==========  ==========  ==========  ==========
  Diluted              $     0.01  $     0.04  $     0.01  $     0.02
                       ==========  ==========  ==========  ==========
 Weighted average
  common shares
  outstanding:
   Basic                5,460,258   5,649,183   5,466,463   5,660,839
                       ==========  ==========  ==========  ==========
   Diluted              6,044,258   6,070,183   6,037,463   6,075,839
                       ==========  ==========  ==========  ==========
</pre>
<pre>
CONTACT:
Taitron Components Incorporated
Stewart Wang, CEO and President
Phone (661) 257-6060 / Fax (661) 294-1108
</pre>
</body>
</html>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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