SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D.C. 20549





                                F O R M   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) July 24, 2000
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                             Jaco Electronics, Inc.
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               (Exact name of Registrant as Specified in Charter)


            New York               000-05896                       11-1978958
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(State or Other Jurisdic            (Commission)              (IRS Employer
       of Incorporation)            File Number)           Identification No.)


145 Oser Avenue, Hauppauge, New York                               11788
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(Address of Principal Executive Offices)                          (Zip Code)


Registrant's telephone number, including area code    (631) 273-5500
                                                   -----------------------------


                                        N/A
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         (Former name or former address, if changed since last report)



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     Item 5. Other  Events.

     At a  meeting  held on June  22,  2000,  the  Board  of  Directors  of Jaco
Electronics,  Inc. (the "Company"),  declared a three-for-two  stock split-up in
the form of a 50% stock  dividend (the "Stock Split") with respect to the issued
and  outstanding  shares of common  stock,  par  value  $.10 per share  ("Common
Stock"),  which was paid on July 24, 2000 to shareholders of record at the close
of business on July 10, 2000 (the "Record Date").

     No fractional  shares of Common Stock were  distributed in connection  with
the Stock Split. Each shareholder of record whose total number of shares was not
exactly  divisible by two received cash in lieu of a fractional  share. The cash
was in an amount equal to one-half of the fair market value of a share of Common
Stock  after  giving  effect to the Stock  Split,  such  fair  market  value was
determined  on the basis of 66-2/3%  of the  closing  sales  price of the Common
Stock reported by The Nasdaq National Market on the Record Date.

     As of the Record  Date,  the Company had  4,168,203  shares of Common Stock
outstanding and was obligated to issue 2,084,071  shares  (excluding  fractional
shares)  pursuant  to  the  Stock  Split.  In  addition,  as  a  result  of  the
antidilution  provisions  contained in the Company's  1993  Non-Qualified  Stock
Option Plan, 1993 Stock Plan for Outside  Directors,  Restricted  Stock Plan and
miscellaneous  options  granted,  the Company is obligated  to issue  additional
shares of Common Stock when  options  which were  previously  granted or options
which are to be granted under the plans, are exercised or when additional awards
are made.

     Shares of the  Company's  Common  Stock to be issued  upon the  exercise of
certain stock options have been registered under (i) a Registration Statement on
Form S-8/S-3  (Registration  No. 33-8994) filed with the Securities and Exchange
Commission  on  March  3,  1995,  (ii) a Post  Effective  Amendment  No.  1 to a
Registration Statement on Form S-8/S-3 (Registration No. 33-8994) filed with the
Securities  and Exchange  Commission on April 10, 1998 and (iii) a  Registration
Statement on Form S-8/S-3 (Registration No. 333-49877) filed with the Securities
and  Exchange  Commission  on April 10, 1998  (collectively,  the  "Registration
Statements") . The Registration Statements are amended as a result of the filing
of this Current Report to include  approximately 412,192 additional shares which
are issuable under such options and awards as a consequence of the Stock Split.



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                                  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.

                             JACO ELECTRONICS, INC.


Date: November 7, 2000             By:
                                        /s/ Jeffrey D. Gash
                                          Jeffrey D. Gash,
                                          Vice President, Finance