<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>sumshares.txt
<DESCRIPTION>SUMMARY OF SHARES
<TEXT>

                                                                    EXHIBIT 99.1

Summary of shares of Singing Machine common stock sold by Morgan, Keegan between
June 30, 2003 through July 3, 2003 in the open market:

Date of Sale                     Number of Shares        Price Per Share
------------                     ----------------        ---------------
6/30/03                                3,600                 $2.95
6/30/03                                6,900                 $2.97
6/30/03                                2,500                 $2.99
6/30/03                               10,000                 $3.00
6/30/03                                5,200                 $3.06
6/30/03                                6,200                 $3.07
6/30/03                                5,000                 $3.08
6/30/03                                8,800                 $3.10
6/30/03                               11,000                 $3.11
6/30/03                               17,800                 $3.12
6/30/03                                1,000                 $3.13
6/30/03                                  600                 $3.14
6/30/03                                4,000                 $3.15
6/30/03                                  500                 $3.16
6/30/03                                  700                 $3.18

Date of Sale                     Number of Shares        Price Per Share
------------                     ----------------        ---------------

7/01/03                                5,000                 $3.08
7/01/03                                5,000                 $3.08
7/01/03                                5,000                 $3.08
7/01/03                                2,000                 $3.15
7/01/03                                5,000                 $3.15
7/01/03                                1,000                 $3.20
7/01/03                                1,000                 $3.20
7/01/03                                4,000                 $3.32
7/01/03                                3,000                 $3.11
7/01/03                                3,000                 $3.13
7/01/03                                4,000                 $3.08
7/01/03                                1,000                 $3.08
7/01/03                                3,000                 $3.15
7/01/03                                2,000                 $3.11
7/01/03                                1,000                 $3.11
7/01/03                                2,000                 $3.11
7/01/03                                1,000                 $3.10
7/01/03                                2,000                 $3.05
7/01/03                                3,000                 $3.01
7/01/03                                5,000                 $3.05
7/01/03                                5,000                 $3.05
7/01/03                                5,000                 $3.09
7/01/03                                5,000                 $3.06
7/01/03                                5,000                 $3.06
7/01/03                                5,000                 $3.06
7/01/03                                5,000                 $3.07
7/01/03                                1,000                 $3.07
7/01/03                                5,000                 $3.08
7/01/03                                4,100                 $3.24
7/01/03                                1,000                 $3.40

<PAGE>

Date of Sale                     Number of Shares        Price Per Share
------------                     ----------------        ---------------

7/02/03                                1,000                 $3.40
7/02/03                                  786                 $3.60
7/02/03                                1,000                 $3.60
7/02/03                                1,000                 $3.65
7/02/03                                1,000                 $3.75
7/02/03                                1,000                 $3.75
7/02/03                                2,000                 $3.55
7/02/03                                1,000                 $3.38
7/02/03                                3,000                 $3.32
7/02/03                                2,000                 $3.30
7/02/03                                1,000                 $3.30
7/02/03                                2,000                 $3.30
7/02/03                                2,000                 $3.32
7/02/03                                1,000                 $3.32
7/02/03                                1,000                 $3.33


Date of Sale                     Number of Shares        Price Per Share
------------                     ----------------        ---------------

7/03/03                                1,000                 $3.60





</TEXT>
</DOCUMENT>
