HEI INC
MEMORANDUM


SEC  FD  Disclosure

On  May  15,  2001, HEI, Inc. management met with market analysts in a series of
meetings  which  began  on  November  16,  2000.

The  following  information  was  disclosed:

BROADBAND  PRODUCTS

HEI  believes that installed production capacity will reach 200,000 chip carrier
packages  per  month by the end of this calendar year.  This production capacity
is  expected  to  double to 400,000 chip carrier packages by the end of calendar
2002.

FORWARD  LOOKING  INFORMATION
Information  in  this  news  release,  which  is  not  historical,  includes
forward-looking  statements  made  pursuant to the safe harbor provisions of the
Private  Securities  Litigation Reform Act of 1995. Statements contained in this
press  release,  including  the estimated HEI production capacity related to the
chip  carrier  packages  are  forward  looking  statements.  All  of  such
forward-looking  statements  involve  risks and uncertainties including, without
limitation,  adverse business or market conditions, the ability of HEI to secure
and  satisfy  customers,  the  availability  and  cost  of  materials from HEI's
suppliers,  adverse  competitive  developments,  change  in  or  cancellation of
customer  requirements,  and other risks detailed from time to time in HEI's SEC
filings.