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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Nvk2oUSli7IAMVyoR17qoPmuCt5ww4M/L23wzgz7SLzUoD0oHuHhrczofZoCtx46
 kWM4YpZXkWyZFwXKayb02Q==

<SEC-DOCUMENT>0001209191-03-014032.txt : 20030728
<SEC-HEADER>0001209191-03-014032.hdr.sgml : 20030728
<ACCEPTANCE-DATETIME>20030728170745
ACCESSION NUMBER:		0001209191-03-014032
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030728
FILED AS OF DATE:		20030728

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EMERSON RADIO CORP
		CENTRAL INDEX KEY:			0000032621
		STANDARD INDUSTRIAL CLASSIFICATION:	HOUSEHOLD AUDIO & VIDEO EQUIPMENT [3651]
		IRS NUMBER:				223285224
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0402

	BUSINESS ADDRESS:	
		STREET 1:		NINE ENTIN RD
		STREET 2:		PO BOX 430
		CITY:			PARSIPPANY
		STATE:			NJ
		ZIP:			07054-0430
		BUSINESS PHONE:		9738845800

	MAIL ADDRESS:	
		STREET 1:		NINE ENTIN RD
		CITY:			PARSIPPANY
		STATE:			NJ
		ZIP:			07054

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MAJOR ELECTRONICS CORP
		DATE OF NAME CHANGE:	19770921

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RAAB JOHN J
		CENTRAL INDEX KEY:			0001082962

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07731
		FILM NUMBER:		03806549

	BUSINESS ADDRESS:	
		STREET 1:		EMERSON RADIO CORP
		STREET 2:		9 ENTIN RD
		CITY:			PARSIPPANY
		STATE:			NJ
		ZIP:			07054
		BUSINESS PHONE:		9734282024

	MAIL ADDRESS:	
		STREET 1:		EMERSON RADIO CORP
		STREET 2:		9 ENTIN RD
		CITY:			PARSIPPANY
		STATE:			NJ
		ZIP:			07054
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>bod07705_bod7jjr.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument><schemaVersion>X0201</schemaVersion>    <documentType>4</documentType><periodOfReport>2003-07-28</periodOfReport><notSubjectToSection16>0</notSubjectToSection16><issuer><issuerCik>0000032621</issuerCik><issuerName>EMERSON RADIO CORP</issuerName>        <issuerTradingSymbol>MSN</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId><rptOwnerCik>0001082962</rptOwnerCik><rptOwnerName>RAAB JOHN J</rptOwnerName></reportingOwnerId><reportingOwnerAddress><rptOwnerStreet1></rptOwnerStreet1><rptOwnerStreet2>9 ENTIN ROAD</rptOwnerStreet2><rptOwnerCity>PARSIPPANY</rptOwnerCity><rptOwnerState>NJ</rptOwnerState><rptOwnerZipCode>07054</rptOwnerZipCode><rptOwnerStateDescription></rptOwnerStateDescription></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Executive Vice President - Int</officerTitle></reportingOwnerRelationship></reportingOwner><nonDeri
vativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-07-28</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>20966</value></transactionShares><transactionPricePerShare><value>6.40</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-07-28</value></transactionDate><transactionCoding><transactionFormType>4<
/transactionFormType><transactionCode>M</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>16667</value></transactionShares><transactionPricePerShare><value>1.00</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>16667</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><derivativeTable><derivativeTransaction><securityTitle><value>Employee Stock Option (Right to Buy)</value></securityTitle><conversionOrExercisePrice><value>1.00</value></conversionOrExercisePrice><transactionDate><value>2003-07-28</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>M</transactionCode><equ
itySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>16667</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2001-07-17</value><footnoteId id="F1" /></exerciseDate><expirationDate><value>2010-07-17</value><footnoteId id="F2" /></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>16667</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">The option vests in three equal annual installments begi
nning on July 17, 2001.</footnote><footnote id="F2">The option expires on the earlier of July 17, 2010 or the termination of Mr. Raab's employment in accordance with the terms of the Emerson Radio Corp. Stock Compensation Program.</footnote></footnotes><ownerSignature><signatureName>/s/ John J. Raab</signatureName><signatureDate>2003-07-28</signatureDate></ownerSignature></ownershipDocument>

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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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