-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Qcqm55Z912YbsIqTygHz4PcD56ixWvkZGcLRXt7KOIl0FI81z7iOVz97TjA+oVMr
 QXM7K1ZplIV5LT4O2bKK3A==

<SEC-DOCUMENT>0000932334-09-000053.txt : 20090728
<SEC-HEADER>0000932334-09-000053.hdr.sgml : 20090728
<ACCEPTANCE-DATETIME>20090728153003
ACCESSION NUMBER:		0000932334-09-000053
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20090724
FILED AS OF DATE:		20090728
DATE AS OF CHANGE:		20090728

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Coleman Clinton J
		CENTRAL INDEX KEY:			0001347250

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11471
		FILM NUMBER:		09967145

	MAIL ADDRESS:	
		STREET 1:		C/O NEWCASTLE CAPITAL MANAGEMENT, L.P.
		STREET 2:		200 CRESCENT COURT, SUITE 1400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BELL INDUSTRIES INC /NEW/
		CENTRAL INDEX KEY:			0000945489
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-ELECTRONIC PARTS & EQUIPMENT, NEC [5065]
		IRS NUMBER:				952039211
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		8888 KEYSTONE CROSSING SUITE 1700
		CITY:			INDIANAPOLIS
		STATE:			IN
		ZIP:			46240
		BUSINESS PHONE:		317-704-6000

	MAIL ADDRESS:	
		STREET 1:		8888 KEYSTONE CROSSING SUITE 1700
		CITY:			INDIANAPOLIS
		STATE:			IN
		ZIP:			46240

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALIFORNIA BELL INDUSTRIES INC
		DATE OF NAME CHANGE:	19950519

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			NEWCASTLE PARTNERS L P
		CENTRAL INDEX KEY:			0000932334
		STATE OF INCORPORATION:			TX
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11471
		FILM NUMBER:		09967150

	BUSINESS ADDRESS:	
		STREET 1:		200 CRESCENT COURT
		STREET 2:		STE 1400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
		BUSINESS PHONE:		214-661-7474

	MAIL ADDRESS:	
		STREET 1:		200 CRESCENT COURT
		STREET 2:		STE 1400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCHWARZ MARK E
		CENTRAL INDEX KEY:			0001208889

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11471
		FILM NUMBER:		09967146

	MAIL ADDRESS:	
		STREET 1:		200 CRESCENT COURT
		STREET 2:		STE 1400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			NEWCASTLE CAPITAL GROUP LLC
		CENTRAL INDEX KEY:			0001251293

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11471
		FILM NUMBER:		09967147

	BUSINESS ADDRESS:	
		STREET 1:		C/O NEWCASTLE CAPITAL MANAGEMENT LP
		STREET 2:		200 CRESCENT COURT STE 1400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
		BUSINESS PHONE:		214-661-7474

	MAIL ADDRESS:	
		STREET 1:		200 CRESCENT COURT
		STREET 2:		STE 1400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			NEWCASTLE CAPITAL MANAGEMENT LP
		CENTRAL INDEX KEY:			0001251296

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11471
		FILM NUMBER:		09967149

	BUSINESS ADDRESS:	
		STREET 1:		C/O NEWCASTLE CAPITAL MANAGEMENT LP
		STREET 2:		200 CRESCENT COURT STE 1400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
		BUSINESS PHONE:		214-661-7474

	MAIL ADDRESS:	
		STREET 1:		200 CRESCENT COURT
		STREET 2:		STE 1400
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BI Holdings, L.P.
		CENTRAL INDEX KEY:			0001449559

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11471
		FILM NUMBER:		09967148

	BUSINESS ADDRESS:	
		STREET 1:		200 CRESCENT COURT
		STREET 2:		SUITE 200
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
		BUSINESS PHONE:		(214) 661-7473

	MAIL ADDRESS:	
		STREET 1:		200 CRESCENT COURT
		STREET 2:		SUITE 200
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75201
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2009-07-24</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000945489</issuerCik>
        <issuerName>BELL INDUSTRIES INC /NEW/</issuerName>
        <issuerTradingSymbol>BLLI.PK</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000932334</rptOwnerCik>
            <rptOwnerName>NEWCASTLE PARTNERS L P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 CRESCENT COURT</rptOwnerStreet1>
            <rptOwnerStreet2>STE 1400</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Explanation</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001251296</rptOwnerCik>
            <rptOwnerName>NEWCASTLE CAPITAL MANAGEMENT LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 CRESCENT COURT</rptOwnerStreet1>
            <rptOwnerStreet2>STE 1400</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Explanation</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001251293</rptOwnerCik>
            <rptOwnerName>NEWCASTLE CAPITAL GROUP LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 CRESCENT COURT</rptOwnerStreet1>
            <rptOwnerStreet2>STE 1400</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Explanation</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001208889</rptOwnerCik>
            <rptOwnerName>SCHWARZ MARK E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 CRESCENT COURT</rptOwnerStreet1>
            <rptOwnerStreet2>STE 1400</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Explanation</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001347250</rptOwnerCik>
            <rptOwnerName>Coleman Clinton J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O NEWCASTLE CAPITAL MANAGEMENT, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>200 CRESCENT COURT, SUITE 1400</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Explanation</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001449559</rptOwnerCik>
            <rptOwnerName>BI Holdings, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 CRESCENT COURT</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 200</rptOwnerStreet2>
            <rptOwnerCity>DALLAS</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>75201</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>See Explanation</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2009-07-24</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>76275</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.75</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>3024441</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Explanation</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">The Reporting Persons are members of a &quot;group&quot; for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended and accordingly may be deemed to beneficially own Shares of the Issuer's Common Stock owned in the aggregate by the other members of the Section 13(d) group. The Section 13(d) group consists of Newcastle Partners, L.P. (&quot;NP&quot;), Newcastle Capital Management, L.P. (&quot;NCM&quot;), Newcastle Capital Group, L.L.C. (&quot;NCG&quot;), BI Holdings, L.P. (&quot;BILP&quot;), Mark E. Schwarz (&quot;Schwarz&quot;) and Clinton J. Coleman. Each Reporting Person disclaims beneficial ownership of the shares of the Issuer's Common Stock owned by the other members of the Section 13(d) group except to the extent of its pecuniary interest therein.</footnote>
        <footnote id="F2">NCM is the general partner of each of NP and BILP. NCG is the general partner of NCM, and Schwarz is the managing member of NCG. Accordingly, each of NCM, NCG and Schwarz may be deemed to beneficially own the shares directly owned by NP and BILP. In addition, by virtue of its interest in BILP, NP may be deemed to beneficially own 61.42% of the 2,903,167 shares into which a convertible subordinated note due January 31, 2017 (the &quot;Convertible Note&quot;) held by BILP is convertible within 60 days from the date hereof.</footnote>
        <footnote id="F3">Includes, as of 7/28/2009 (a) 2,903,167 shares into which the Convertible Note is convertible within 60 days from the date hereof, (b) 119,524 shares owned directly by Newcastle Partners, L.P., (c) 500 shares owned directly by Mr. Schwarz and (d) 1,250 shares underlying options held by Mr. Schwarz that are exercisable within 60 days from the date hereof. In the aggregate, as of 7/28/2009, the members of the Section 13(d) group beneficially own 3,024,441 shares of the Issuer's Common Stock.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Newcastle Partners, L.P., By: Newcastle Capital Management, L.P., its general partner, By: Newcastle Capital Group, L.L.C. its general partner, By: /s/ Mark E. Schwarz, its managing member</signatureName>
        <signatureDate>2009-07-28</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Newcastle Capital Management, L.P., By: Newcastle Capital Group, L.L.C. its general partner, By: /s/ Mark E. Schwarz, its managing member</signatureName>
        <signatureDate>2009-07-28</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Newcastle Capital Group, L.L.C., By: /s/ Mark E. Schwarz, its managing member</signatureName>
        <signatureDate>2009-07-28</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Mark E. Schwarz</signatureName>
        <signatureDate>2009-07-28</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Clinton J. Coleman</signatureName>
        <signatureDate>2009-07-28</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>BI Holdings, L.P.</signatureName>
        <signatureDate>2009-07-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----