SECURITIES AND EXCHANGE COMMISSION


                             WASHINGTON, D.C. 20549

                                    FORM 8-K


                                 CURRENT REPORT



                                January 12, 2000
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                Date of Report (Date of earliest event reported)



                             Bell Microproducts Inc.
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             (Exact name of Registrant as specified in its charter)



                                   California
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                 (State or other jurisdiction of incorporation)


       005-43709                                      94-3057566
 ---------------------                    ------------------------------------
 (Commission File No.)                    (IRS Employer Identification Number)



                              1941 Ringwood Avenue
                         San Jose, California 95131-1721
                                 (408) 451-9400
             ------------------------------------------------------
                    (Address of Principal Executive Offices)



                                 Not Applicable
             ------------------------------------------------------
          (Former name or former address, if changed since last report)







Item 5.  Other Events

         Effective  January 12,  2000,  Bell  Microproducts  Inc.,  a California
corporation  (the  "Company")  announced that  International  Business  Machines
Corporation,  a New York  corporation  ("IBM"),  had  appointed the Company as a
"Technology  Group  Solutions  Partner"  and that it and IBM had entered  into a
two-year non-exclusive Master Distribution Agreement.  Under these arrangements,
the Company  will be  authorized  to  distribute  certain IBM  Technology  Group
products, throughout the Americas. Although the Company and IBM anticipate sales
of $2 billion over a four year period, the Company can provide no assurance that
this target will be achieved.



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                                   SIGNATURES


         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                           Bell Microproducts Inc.


                                           By: _________________________________
                                                  Remo E. Canessa

                                           Title: Vice President, Finance and
                                                  Chief Financial Officer


                                           Dated:  January 13, 2000


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