Microsoft Word 10.0.2627; Exhibit 99.2 Manchester Technologies, Inc. Year Ended July 31, 2003 (unaudited and in thousands) Historical Pro Forma 7/31/2003 Adjustments 7/31/2003 --------- ----------- --------- Revenue $ 286,444 $ (121,310) I $ 165,134 Cost of Revenue 253,049 (105,014) I 148,035 ------------- -------- ------------ Gross Profit 33,395 (16,296) 17,099 Selling, general and administrative expenses 34,559 (19,820) I 14,739 Impairment of goodwill and write-off of related assets 2,481 - 2,481 ----- ------- ----- Income (loss) from operations (3,645) 3,524 (121) Interest and other income, net 25 - 25 ------------ ---------- ---------- Income (loss) before income taxes (3,620) 3,524 (96) Income tax provision (benefit) (1,032) 994 I (38) -------------- ------------ ----------- Net income (loss) $ (2,588) $ 2,530 $ (58) =============== ============ =========== Net income (loss) per share: Basic $ (0.32) $ (0.01) ============== ============== Diluted $ (0.32) $ (0.01) ============== ============== Weighted average shares outstanding: Basic 7,990 7,990 ============== ============= Diluted 7,990 7,990 ============== ============= I - To eliminate the operations of the discontinued business.