8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): October 17, 2007

Bell Microproducts Inc.

(Exact name of registrant as specified in its charter)

California	0-21528	94-3057566
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
1941 Ringwood Avenue, San Jose, California		95131-1721
(Address of principal executive offices)		(Zip Code)
Registrant’s telephone number, including area code:		408-451-9400

Not Applicable

Former name or former address, if changed since last report

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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
	Item 9.01 Financial Statements and Exhibits.
SIGNATURES
Exhibit Index
EXHIBIT 99.1

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

     On October 17, 2007, Bell Microproducts Inc. (the “Company”) received notification that the Board of Directors of The NASDAQ Stock Market LLC (the “Nasdaq Board”) has called the August 23, 2007 decision of the Nasdaq Listing and Hearing Review Council regarding the Company for review, and has also stayed the decision to suspend the Company’s securities from trading, pending further consideration by the Nasdaq Board. The Company issued a press release on October 18, 2007, disclosing its receipt of this decision. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

     As previously disclosed, the Company is not in compliance with Nasdaq Marketplace Rule 4310(c)(14), requiring that the Company furnish NASDAQ copies of periodic reports the Company is required to file with the Securities and Exchange Commission (“SEC”). The Company is working diligently to complete its financial restatements in order to comply with its SEC filing requirements.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit 99.1 — Press release issued by Bell Microproducts Inc. on October 18, 2007.

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.
October 18, 2007	By:	/s/ Andrew S. Hughes
		Name:	Andrew S. Hughes
		Title:	Vice President, General Counsel and Corporate Secretary

Exhibit Index

Exhibit No.	Description
99.1	Press release issued by Bell Microproducts Inc. on October 18, 2007.

EX-99.1

EXHIBIT 99.1

For Immediate Release

Investor Relations Contact:
Rob Damron
Bell Microproducts
(414) 224-1668
ir@bellmicro.com

BELL MICROPRODUCTS RECEIVES DECISION OF NASDAQ
BOARD OF DIRECTORS

SAN JOSE, Calif., October 18, 2007 — Bell Microproducts Inc. (NASDAQ: BELM) today announced that it received notification that the Board of Directors of The Nasdaq Stock Market LLC has called the Nasdaq Listing and Hearing Review Council’s August 23, 2007 decision regarding the Company for review, and has also stayed the Council’s decision to suspend the Company’s common stock from trading. The Company’s common stock will remain listed on The Nasdaq Global Market pending further consideration by the Nasdaq Board.

About Bell Microproducts Inc.

Bell Microproducts [NASDAQ: BELM] is an international, value-added distributor of a wide range of high-tech products, solutions and services, including storage systems, servers, software, computer components and peripherals, as well as maintenance and professional services. An industry-recognized specialist in storage products, this Fortune 1000 company is one of the world’s largest storage-centric value-added distributors. In 2006, the company celebrated the sale of its 50 millionth hard disk drive, setting a significant industry milestone.

Bell Microproducts is uniquely qualified with deep technical and application expertise to service a broad range of information technology needs. From design to deployment, its products are available at any level of integration, from components to subsystem assemblies and fully-integrated, tested and certified system solutions. More information can be found in the company’s SEC filings, or by visiting the Bell Microproducts Web site at www.bellmicro.com.

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