Richardson Electronics, Ltd. and Subsidiaries
Schedule XIII - Other Investments
May 31, 1994
COL. A COL. B COL. C COL. D COL. E
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Number of Amount at
Shares or Market Value Which Each
Units-Principal of Each Issue Issue is
Amount of at Balance Carried on
Bonds Cost of Each Sheet the Balance
NAME OF ISSUER AND TITLE OF EACH ISSUE and Notes Issue Date Sheet <F1>
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NON - CURRENT INVESTMENTS AVAILABLE FOR SALE
Corporate Notes: <F2>
IBM Credit Corp., 6.33%, due 4/95 500,000 500,000 502,795 502,795
Merrill Lynch & Co., 9.25%, due 11/94 650,000 696,234 660,861 660,861
J P Morgan & Co., 8.875%, due 8/94 1,000,000 1,067,020 1,005,650 1,005,650
Assoc. Corp. of North America, 8.8%, due 350,000 373,457 356,202 356,202
Assoc. Corp. of North America, 9.0%, due 500,000 534,910 519,960 519,960
Boeing Co., 8.375%, due 3/96 500,000 534,945 515,625 515,625
E I DuPont, 8.65%, due 12/97 500,000 539,545 528,265 528,265
IBM Credit Corp., 6.125%, due 11/94 500,000 507,095 501,045 501,045
ITT Corp., 8.375%, due 3/96 400,000 420,000 411,044 411,044
Mobil Corp., 8.625%, due 7/94 500,000 532,200 501,485 501,485
Baxter International, 9.25%, due 9/96 400,000 432,740 420,944 420,944
Procter & Gamble Co., 7.1%, due 9/94 200,000 205,552 200,844 200,844
Coca Cola Co., 7.75%, due 2/96 1,000,000 1,066,570 1,025,690 1,025,690
Kellogg Co., 5.9%, due 7/97 1,000,000 995,030 979,960 979,960
Pepsico Inc., 7.875%, due 8/96 1,000,000 1,062,690 1,027,440 1,027,440
Plus Accrued Interest 207,078 207,078 207,078
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9,675,066 9,364,888 9,364,888
Mortgage Bonds:
Old Dominion Electric, 7.27%, due 12/97 500,000 500,000 504,105 504,105
Plus Accrued Interest 18,074 18,074 18,074
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518,074 522,179 522,179
Common Stock:
Anthem Electronics, Inc. 2,000 $64,200 $53,250 $53,250
Astro Medical Inc. 20,000 220,000 185,000 185,000
Authentic Fitness Corp. 14,600 214,480 213,525 213,525
Baker Michael Corp. 10,000 90,000 68,750 68,750
Beckman Instruments, Inc. 5,000 130,377 121,875 121,875
Beverly Enterprises 10,000 134,750 137,500 137,500
Corrpro Companies, Inc. 12,600 201,600 215,775 215,775
D H Technology 10,000 153,038 210,000 210,000
Grossman's Inc. 40,000 175,320 145,000 145,000
Haagen Alexander Properties 20,000 360,000 365,000 365,000
Hillhaven Corp. Nev. 5,000 109,250 95,000 95,000
International Business Machines 5,000 292,260 318,125 318,125
International Game Tech. 3,000 75,000 65,625 65,625
Littlefuse, Inc. 5,000 125,500 110,000 110,000
Litton Industries 5,000 165,710 156,875 156,875
Marietta Corp. 17,000 134,307 146,625 146,625
Mid-America Realty 25,000 270,310 243,750 243,750
Mid-Atlantic Realty 20,000 194,350 185,000 185,000
Myers Industries 14,000 286,268 287,000 287,000
National Medical Enterprises 5,000 88,800 83,750 83,750
Petsmart Inc. 8,500 251,675 250,750 250,750
Philadelphia Consolidated Holding Corp. 2,000 25,625 20,000 20,000
Quixote Corp. 7,000 118,741 141,750 141,750
Rural Metro Corp. 10,000 145,000 140,000 140,000
Shared Medical Systems 5,000 130,300 116,250 116,250
Sizeler Property 32,500 422,113 410,312 410,312
Southernwestern Properties 20,000 267,150 255,000 255,000
Sun Healthcare Group Inc. 10,000 197,500 197,500 197,500
Thermedics 10,000 133,581 146,250 146,250
Thermo Cardio Systems 16,800 158,155 352,800 352,800
Thermolase Inc. 20,000 100,000 100,000 100,000
Stockrights 20,000 100,000 100,000 100,000
UJB Financial Corp. 2,500 74,625 70,937 70,937
Warnaco Group Inc. 11,500 388,413 380,937 380,937
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5,998,398 6,089,911 6,089,911
High Yield Bonds:
Vis Capital Corp., 12.375%, due 7/1/98 243,000 $267,375 $223,560 $223,560
Rule Industries, 12.50%, due 6/1/97 438,000 348,270 385,440 385,440
Bally Park Place, 11.875%, due 8/15/99 200,000 200,000 211,250 211,250
Other High Yield Bonds 100,000 100,000 100,000 100,000
Plus Accrued Interest 47,669 47,669 47,669
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963,314 967,919 967,919
Convertible Bonds:
TPI Enterprises, 8.25%, due 7/02 120,000 120,000 147,600 147,600
Novacare Inc., 5.5%, due 1/00 500,000 500,000 461,250 461,250
Meditrust, 7%, due 3/98 250,000 250,000 265,000 265,000
National Health Investors (P), 7.375%, d 250,000 250,000 255,000 255,000
Sterling Software, 5.75%, due 2/03 100,000 96,500 115,830 115,830
Beverly Enterprises, 7.625%, due 3/03 100,000 100,500 100,000 100,000
Sterling Software, 5.75%, due 2/03 200,000 196,000 235,170 235,170
Mediplex Group Inc., 6.5%, due 8/03 200,000 200,000 224,000 224,000
Centerpoint Property, 8.22%, due 1/04 200,000 200,000 223,000 223,000
Plus Accrued Interest 39,745 39,745 39,745
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1,952,745 2,066,595 2,066,595
Miscellaneous
Money market funds and other cash equivalents $1,825,334 $1,825,334 $1,825,334
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20,932,931 20,836,826 20,836,826
Reclass to short-term investments <F3> (3,000,000) (3,000,000) (3,000,000)
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$17,932,931 $17,836,826 $17,836,826
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<FN>
<F1> Carrying value is market value at May 31, 1994. It is management's current intention to use the non-current
investments to meet future business needs of the Company. As such, these investments are considered
"available for sale" under the Financial Accounting Standards Board 115.
<F2> Selected corporate notes have first call options by the issuer ranging from one to four years.
<F3> Amount represents investments reclassified at May 31, 1994, primarily to provide for a semi-annual interest
payment due June 15, 1994.