----

**UNITED        STATES**

**SECURITIES        AND EXCHANGE COMMISSION**

**Washington,        D.C. 20549**

**FORM        10-Q**

| x | QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934 |
|---|--------------------------------------------------------------------------------------------------------------------------------------------|

| ¨ | TRANSITION                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934 |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------|

**MERISEL,        INC.**

**(Exact        name of registrant as specified in its charter)**

| **Delaware**                                                     | **01-17156**                              | **95-4172359**                                          |
|------------------------------------------------------------------|-------------------------------------------|---------------------------------------------------------|
| (State                  or other jurisdiction of incorporation)  | (Commission                  File Number) | (I.                  R. S. Employer identification No.) |
|                                                             |                                      |                                                    |
| **127                  W. 30****th****Street, 5****th****Floor** |                                      | **10001**                                               |
| **New                  York, NY**                                |                                      | (Zip                  Code)                             |
| (Address                  of principal executive offices)        |                                      |                                                    |

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**MERISEL,        INC. AND SUBSIDIARIES**

**Three        and Nine Months Ended September 30, 2004**

**TABLEOF        CONTENTS**

|                                                                |                                                                                                                                          | **Reference**  |
|---------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|---------------------|
| **PART                  I Financial Information (Unaudited)**  |
| Item                  1.                                       | Financial                  Statements                                                                                                    |                |
|                                                                | Consolidated                  Balance Sheets as of September 30, 2004 and                  December 31, 2003                             | 1              |
|                                                                | Consolidated                  Statements of Operations for the Three and Nine                  Months Ended September 30, 2004 and 2003  | 3              |
|                                                                | Consolidated                  Statements of Cash Flows for the Nine Months Ended                  September 30, 2004 and 2003            | 4              |
|                                                                | Notes                  to Consolidated Financial Statements                                                                              | 5              |
| Item                  2.                                       | Management's                  Discussion and Analysis of Financial Condition                  and Results of Operations                  | 12             |
| Item                  3.                                       | Quantitative                  and Qualitative Disclosures About Market                  Risk                                             | 17             |
| Item                  4.                                       | Controls                  and Procedures                                                                                                 | 17             |
|                                                                |                                                                                                                                          |                |
| **PART                  II Other Information**                 |                                                                                                                                          |
| Item                  1.                                       | Legal                  Proceedings                                                                                                       | 18             |
| Item                  2.                                       | Unregistered                  Sales of Equity Securities and Use of                  Proceeds                                            | 18             |
| Item                  6.                                       | Exhibits                                                                                                                                 | 18             |
|                                                                |                                                                                                                                          |                |
|                                                                | SIGNATURE                                                                                                                                | 19             |

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**SPECIAL        NOTE REGARDING FORWARD-LOOKING INFORMATION**

| ·   | the                  implementation of the Company’s business strategies and                  goals; |
|--------------------|------------------------------------------------------------------------------------------------------------|

| ·   | the                  integration of past and future                  acquisitions; |
|--------------------|------------------------------------------------------------------------------------|

| ·   | the                  Company’s dependence on its senior management and key personnel and its                  ability to attract and retain additional qualified personnel; |
|--------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the                  Company’s ability to expand its business, including through any future                  acquisitions; |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------|

| ·   | a                  deterioration in economic conditions                  generally; |
|--------------------|-------------------------------------------------------------------------------------|

| ·   | competitive                  pricing and other competitive pressures in the graphic image arts                  industry; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------|

| ·   | changes                  in technology creating obsolescence; |
|--------------------|---------------------------------------------------------------|

| ·   | the                  Company’s involvement as a defendant in litigation or incurrence of                  judgments, fines or legal costs; |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | the                  loss of significant customers; and |
|--------------------|---------------------------------------------------------|

| ·   | other                  risks detailed in “Business - Risk Factors” in the Company’s most recent                  Annual Report on form 10-K on file with the                  SEC. |
|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**PART        1. FINANCIAL INFORMATION**

**Item        1.**
**Financial        Statements**

MERISEL,        INC

|                                                               |   | **September                  30,****2004** |   | **December                  31,****2003** |   |
|--------------------------------------------------------------------|--------|--------------------------------------------|--------|-------------------------------------------|--------|
| Current                  assets:                                   |   |                                       |   |                                      |   |
| Cash                  and cash equivalents                         |   | $                                          | 48,100 |                                      | $      | 44,948 |   |
| Receivable                  from sale of software licensing assets |   |                                       | 549    |                                      |   | - |   |
| Prepaid                  expenses and other current assets         |   |                                       | 179    |                                      |   | - |   |
| Current                  assets of discontinued operations         |   |                                       | -      |                                      |   | 19,663 |   |
| Total                  current assets                              |   |                                       | 48,828 |                                      |   | 64,611 |   |
|                                                               |   |                                       |   |                                      |   |   |   |
| Property                  and equipment, net                       |   |                                       | 93     |                                      |   | - |   |
|                                                               |   |                                       |   |                                      |   |   |   |
| Other                  assets                                      |   |                                       | 776    |                                      |   | 804 |   |
|                                                               |   |                                       |   |                                      |   |   |   |
| Long                  term assets of discontinued operations       |   |                                       | -      |                                      |   | 1,797 |   |
|                                                               |   |                                       |   |                                      |   |   |   |
| Total                  assets                                      |   | $                                          | 49,697 |                                      | $      | 67,212 |   |
|                                                               |   |                                       |   |                                      |   |   |   |

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|                                                                                                                                                                                                                                                               |   | September                  30,2004 |     | December                  31, 2003 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------|----------|------------------------------------|--------|
|                                                                                                                                                                                                                                                               |   |                               |     |                               |   |
| Current                  liabilities:                                                                                                                                                                                                                              |   |                               |     |                               |   |   |   |
| Accounts                  payable                                                                                                                                                                                                                                  |   | $                                  | 16       |                               | $      | 1 |   |
| Accrued                  liabilities                                                                                                                                                                                                                               |   |                               | 3,655    |                               |   | 4,779 |   |
| Current                  liabilities of discontinued operations                                                                                                                                                                                                    |   |                               | -        |                               |   | 17,019 |   |
| Total                  current liabilities                                                                                                                                                                                                                         |   |                               | 3,671    |                               |   | 21,799 |   |
|                                                                                                                                                                                                                                                               |   |                               |     |                               |   |   |   |
| Long                  term liabilities                                                                                                                                                                                                                             |   |                               | 723      |                               |   | 751 |   |
|                                                                                                                                                                                                                                                               |   |                               |     |                               |   |   |   |
| Stockholders’                  equity:                                                                                                                                                                                                                       |   |                               |     |                               |   |   |   |
| Convertible                  preferred stock, $.01 par value, authorized1,000,000                  shares; 150,000 shares issued and outstanding                                                                                                                   |   |                               | 21,099   |                               |   | 19,882 |   |
| Common                  stock, $.01 par value, authorized 150,000,000shares;                  8,033,484 issued and 7,623,868 outstanding at September 30, 2004;                  8,026,353 issued and 7,616,373 outstanding at December 31,                  2003. |   |                               | 80       |                               |   | 80 |   |
| Additional                  paid-in capital                                                                                                                                                                                                                        |   |                               | 277,105  |                               |   | 278,300 |   |
| Accumulated                  deficit                                                                                                                                                                                                                               |   |                               | (252,154 | )                                  |   | (252,799 | ) |
| Accumulated                  other comprehensive income                                                                                                                                                                                                            |   |                               | 24       |                               |   | 50 |   |
| Treasury                  stock                                                                                                                                                                                                                                    |   |                               | (851     | )                                  |   | (851 | ) |
| Total                  stockholders’ equity                                                                                                                                                                                                                  |   |                               | 45,303   |                               |   | 44,662 |   |
|                                                                                                                                                                                                                                                               |   |                               |     |                               |   |   |   |
| Total                  liabilities and stockholders’ equity                                                                                                                                                                                                  |   | $                                  | 49,697   |                               | $      | 67,212 |   |

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MERISEL,

|                                                                                               |   | **Three                  Months Ended****September                  30,** |   | **Nine                  Months Ended****September                  30,** |   |
|----------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|
|                                                                                               |   | **2004**                                                                  |   | **2003**                                                                 |   | **2004** |   | **2003** |   |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |
| Selling,                  general & administrative expenses                                    |   |                                                                      | 553    |                                                                     |   | 617 |   |   | 1,772 |   |   | 1,805 |   |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Operating                  loss                                                                    |   |                                                                      | (553   | )                                                                        |   | (617 | ) |   | (1,772 | ) |   | (1,805 | ) |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Interest                  income, net                                                              |   |                                                                      | 161    |                                                                     |   | 113 |   |   | 386 |   |   | 345 |   |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Loss                  from continuing operations                                                   |   |                                                                      | (392   | )                                                                        |   | (504 | ) |   | (1,386 | ) |   | (1,460 | ) |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Income                  from discontinued operations                                               |   |                                                                      | 3,002  |                                                                     |   | 1,568 |   |   | 4,675 |   |   | 3,911 |   |
| Loss                  on sale of software licensing operations                                     |   |                                                                      | (2,643 | )                                                                        |   | - |   |   | (2,643 | ) |   | - |   |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Net                  income (loss)                                                                 |   |                                                                      | (33    | )                                                                        |   | 1,064 |   |   | 646 |   |   | 2,451 |   |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Preferred                  stock dividends                                                         |   |                                                                      | 414    |                                                                     |   | 382 |   |   | 1,217 |   |   | 1,124 |   |
| Net                  (loss) income available to common stockholders                                |   | $                                                                         | (447   | )                                                                        | $      | 682 |   | $ | (571 | ) | $ | 1,327 |   |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Net                  (loss) income per share (basic and diluted):                                  |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Loss                  from continuing operations available to common                  stockholders |   | $                                                                         | (0.10  | )                                                                        | $      | (0                  .12 | ) | $ | (0.34 | ) | $ | (0.34 | ) |
| Income                  from discontinued operations                                               |   |                                                                      | 0.39   |                                                                     |   | 0.21 |   |   | 0.61 |   |   | 0.51 |   |
| Loss                  on sale of software licensing operations                                     |   |                                                                      | (0.35  | )                                                                        |   |   |   |   | (0.35 | ) |   |   |   |
| Net                  (loss) income available to common stockholders                                |   | $                                                                         | (0.06  | )                                                                        | $      | 0.09 |   | $ | (0.08 | ) | $ | 0.17 |   |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Weighted                  average number of shares                                                 |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |
| Basic                  and diluted                                                                 |   |                                                                      | 7,622  |                                                                     |   | 7,616 |   |   | 7,618 |   |   | 7,617 |   |
|                                                                                               |   |                                                                      |   |                                                                     |   |   |   |   |   |   |   |   |   |

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MERISEL,

|                                                                                                          |   | **Nine                  Months Ended September 30,** |   |
|---------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------|--------|
| ** **                                                                                                    |   | **2004**                                             |   | **2003** |   |
| CONTINUING                  OPERATIONS                                                                        |   |                                                 |   |   |   |
| CASH                  FLOWS FROM OPERATING ACTIVITIES:                                                        |   |                                                 |   |   |   |
| Net                  income                                                                                   |   | $                                                    | 646    |   | $ | 2,451 |   |
| Add:                  loss from sale of software licensing                                                    |   |                                                 | 2,643  |   |   |   |   |
| Less:                  income from discontinued operations, net                                               |   |                                                 | 4,675  |   |   | 3,911 |   |
| Net                  loss from operations                                                                     |   |                                                 | (1,386 | ) |   | (1,460 | ) |
| Adjustments                  to reconcile net loss to net cash used in operating                  activities: |   |                                                 |   |   |   |   |   |
| Non-cash                  deferred compensation                                                               |   |                                                 | (28    | ) |   | 133 |   |
| Stock                  option related expense                                                                 |   |                                                 | 9      |   |   |   |   |
| Changes                  in operating assets and liabilities:                                                 |   |                                                 |   |   |   |   |   |
| Prepaids                  and other current assets                                                            |   |                                                 | (273   | ) |   | 39 |   |
| Accounts                  payable                                                                             |   |                                                 | 15     |   |   | - |   |
| Accrued                  liabilities                                                                          |   |                                                 | (1,123 | ) |   | (795 | ) |
| Net                  cash used in operating activities                                                        |   |                                                 | (2,786 | ) |   | (2,083 | ) |
|                                                                                                          |   |                                                 |   |   |   |   |   |
| CASH                  FLOWS FROM INVESTING ACTIVITIES:                                                        |   |                                                 |   |   |   |   |   |
| Purchase                  of securities                                                                       |   |                                                 | -      |   |   | (62 | ) |
| Receivable                  from sale of software licensing assets                                            |   |                                                 | (549   | ) |   | - |   |
| Net                  cash used in investing activities                                                        |   |                                                 | (549   | ) |   | (62 | ) |
|                                                                                                          |   |                                                 |   |   |   |   |   |
| CASH                  FLOWS FROM FINANCING ACTIVITIES:                                                        |   |                                                 |   |   |   |   |   |
| Issuance                  of common stock                                                                     |   |                                                 | 15     |   |   | - |   |
| Purchase                  of treasury stock                                                                   |   |                                                 | -      |   |   | (7 | ) |
| Net                  cash (used in) provided by financing activities                                          |   |                                                 | 15     |   |   | (7 | ) |
|                                                                                                          |   |                                                 |   |   |   |   |   |
| NET                  DECREASE IN CASH AND CASH EQUIVALENTS FROM CONTINUINGOPERATIONS                          |   |                                                 | (3,320 | ) |   | (2,152 | ) |
|                                                                                                          |   |                                                 |   |   |   |   |   |
| DISCONTINUED                  OPERATIONS                                                                      |   |                                                 |   |   |   |   |   |
| Cash                  provided by (used in) discontinued operations                                           |   |                                                 | 6,408  |   |   | (182 | ) |
| Cash                  provided by investing activities                                                        |   |                                                 | 64     |   |   | 18 |   |
| NET                  CASH PROVIDED BY (USED IN) DISCONTINUED OPERATIONS                                       |   |                                                 | 6,472  |   |   | (164 | ) |
|                                                                                                          |   |                                                 |   |   |   |   |   |
| NET                  INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                                         |   |                                                 | 3,152  |   |   | (2,316 | ) |
|                                                                                                          |   |                                                 |   |   |   |   |   |
| CASH                  AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                               |   |                                                 | 44,948 |   |   | 46,795 |   |
| CASH                  AND CASH EQUIVALENTS, END OF PERIOD                                                     |   | $                                                    | 48,100 |   | $ | 44,479 |   |

|                                                          |   | (in                  thousands) |     |
|---------------------------------------------------------------|--------|---------------------------------|----------|
| Cash                  paid during the period for:             |   |                            | **2004** |   |   | **2003** |   |
| Income                  taxes                                 |   | $                               | -        |   | $ | - |   |
| Non-cash                  investing and financing activities: |   |                            |     |   |   |   |   |
| Unrealized                  gain (loss) on securities         |   |                            | (28      | ) |   | 133 |   |
| Preferred                  dividends accumulated              |   |                            | 1,217    |   |   | 1,124 |   |

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MERISEL,

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|                                             |   | **2003** |   |
|--------------------------------------------------|--------|----------|--------|
| Accounts                  receivable, net        |   | $        | 19,585 |   |
| Inventory,                  net                  |   |     | 13     |   |
| Prepaid                  expenses                |   |     | 65     |   |
| Total                  current assets            |   |     | 19,663 |   |
| Property,                  plant & equipment |   |     | 883    |   |
| Other                  assets                    |   |     | 914    |   |
| Total                  assets                    |   | $        | 21,460 |   |
|                                             |   |     |   |   |
| Accounts                  payable                |   | $        | 13,882 |   |
| Accrued                  expenses                |   |     | 3,137  |   |
| Total                  liabilities               |   | $        | 17,019 |   |
|                                             |   |     |   |   |

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|                                                 |   | **(In                  thousands)**                           |   |
|------------------------------------------------------|--------|---------------------------------------------------------------|--------|
|                                                 |   | **For                  the Three Months Ended September 30,** |   | **For                  the Nine Months Ended September 30,** |   |
|                                                 |   | **2004**                                                      |   | **2003** |   | **2004** |   | **2003** |   |
| Net                  sales                           |   | $                                                             | 5,379  |   | $ | 25,370 |   | $ | 37,973 |   | $ | 68,498 |   |
| Employee                  termination costs          |   |                                                          | 369    |   |   | - |   |   | 369 |   |   | - |   |
| Loss                  on sale of software licensing  |   |                                                          | 2,643  |   |   |   |   |   | 2,643 |   |   |   |   |
| Income                  from discontinued operations |   |                                                          | 3,002  |   |   | 1,568 |   |   | 4,675 |   |   | 3,911 |   |

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|                                                                                                                                                               |   | **(In                  thousands, except per share amounts)** |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------|--------|
|                                                                                                                                                               |   | **Three                  months ended September 30,**         |   | **Nine                  months ended September 30,** |   |
|                                                                                                                                                               |   | **2004**                                                      |   | **2003** |   | **2004** |   | **2003** |   |
| Net                  income (loss) available to common stockholders - As                  Reported                                                                 |   | $                                                             | (447   | ) | $ | 682 |   | $ | (571 | ) | $ | 1,327 |   |
| Deduct:                  Total stock-based employee compensation expense determined under                  fair                  value based method for all awards |   |                                                          | 1      |   |   | 1 |   |   | 2 |   |   | 2 |   |
| Net                  income (loss) - Pro Forma                                                                                                                     |   | $                                                             | (448   | ) | $ | 681 |   | $ | (573 | ) | $ | 1,325 |   |
|                                                                                                                                                               |   |                                                          |   |   |   |   |   |   |   |   |   |   |   |
| Net                  income (loss) available to shareholders Per Share (Basic                  & Diluted):                                                     |   |                                                          |   |   |   |   |   |   |   |   |   |   |   |
| As                  Reported                                                                                                                                       |   | $                                                             | (0.06  | ) | $ | 0.09 |   | $ | (0.08 | ) | $ | 0.17 |   |
| Pro                  Forma                                                                                                                                         |   | $                                                             | (0.06  | ) | $ | 0.09 |   | $ | (0.08 | ) | $ | 0.17 |   |

|                                                         |   | **September                  30, 2004** |   | **December                  31, 2003** |   |
|--------------------------------------------------------------|--------|-----------------------------------------|--------|----------------------------------------|--------|
| **Accrued                  liabilities:**                    |   |                                    |   |                                   |   |
| Restructuring                  accruals                      |   | $                                       | 1,087  |                                   | $      | 1,930 |   |
| Compensation                  and other benefit accruals     |   |                                    | 477    |                                   |   | 960 |   |
| State                  and local sales taxes and other taxes |   |                                    | 1,498  |                                   |   | 1,360 |   |
| Other                                                        |   |                                    | 593    |                                   |   | 529 |   |
| Total                  accrued liabilities                   |   | $                                       | 3,655  |                                   | $      | 4,779 |   |

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|                                                                                                                |   | **(In                  thousands)**                   |   |
|---------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------------------------|--------|
|                                                                                                                |   | **Three                  Months Ended September 30,** |   |  **Nine                  Months Ended September 30,** |   |
|                                                                                                                |   | **2004**                                              |   | **2003** |   | **2004** |   | **2003** |   |
|                                                                                                                |   |                                                  |   |   |   |   |   |   |   |
| Net                  (loss) income                                                                                  |   | $                                                     | (33    | ) | $ | 1,064 |   | $ | 646 |   | $ | 2,451 |   |
| Other                  comprehensive loss - unrealized (loss)gain                  on available for sale securities |   |                                                  | (36    | ) |   | 2 |   |   | (28 | ) |   | 71 |   |
| Comprehensive                  (loss) income                                                                        |   | $                                                     | (69    | ) | $ | 1,066 |   | $ | 618 |   | $ | 2,522 |   |

|                                                       |   | **(In                  thousands)**                   |   |
|------------------------------------------------------------|--------|-------------------------------------------------------|--------|
|                                                       |   | **Three                  months ended September 30,** |   | **Nine                  months ended September 30,** |   |
|                                                       |   | **2004**                                              |   | **2003** |   | **2004** |   | **2003** |   |
| Loss                  from continuing operations           |   | $                                                     | 392    |   | $ | 504 |   | $ | 1,386 |   | $ | 1,460 |   |
| Preferred                  stock dividends                 |   |                                                  | 414    |   |   | 382 |   |   | 1,217 |   |   | 1,124 |   |
| Net                  loss available to common stockholders |   | $                                                     | 806    |   | $ | 886 |   | $ | 2,602 |   | $ | 2,584 |   |
| Weighted                  average shares outstanding       |   |                                                  | 7,622  |   |   | 7,616 |   |   | 7,618 |   |   | 7,617 |   |
| Loss                  per share (basic & diluted)      |   |                                                  | ($0.10 | ) |   | ($0.12 | ) |   | ($0.34 | ) |   | ($0.34 | ) |

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**Item        2. Management’s Discussion and Analysis of Financial        Condition and Results of Operations**

*The        following discussion of the Company’s consolidated historical results of        operations and financial condition should be read in conjunction with its        unaudited consolidated financial statements and the notes thereto included        elsewhere in this report.*

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**Item        3. Quantitative and Qualitative Disclosures About Market        Risk**

**Item        4. Controls and Procedures**

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**PART        II - OTHER INFORMATION**

**Item        1. Legal Proceedings**

**Item        2. Unregistered Sales of Equity**
** **
**Securities        and Use of Proceeds**

**Item        6. Exhibits**

| (a)   | Exhibits |
|-----------------|----------|

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SIGNATURE

|                                         |                                                         |                                                      |
|----------------------------------------------|--------------------------------------------------------------|-----------------------------------------------------------|
|                                         | **MERISEL, INC.**                                            |
|                                    |                                                    |                                                 |
| Date:  October 6,                  2005 | By:                                                | /s/ Donald                  R.                  Uzzi |
|                                         | Donald R. Uzzi                                               |
|                                         | Title: Chairman and Chief Executive                  Officer |

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**EXHIBIT        INDEX**

| Exhibit                  Number | Exhibit                  Description                                                                                                                                                                                                                                                                                                                    |
|---------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1                             | Restated                  Certificate of Incorporation of Merisel, Inc., filed as an exhibit                  to Form                  S-1 Registration Statement of Softsel Computer Products, Inc.,                  No.                  33-23700, and incorporated herein by reference                                                              |
| 3.2                             | Amendment                  to Certificate of Incorporation of Merisel, Inc., dated August                  22, 1990,                  filed as exhibit 3.2 to the Company’s Quarterly Report on Form 10-Q for                  the quarter ended September 30, 1990, and incorporated herein by                  reference.                       |
| 3.3                             | Amendment                  to Certificate of Incorporation of Merisel, Inc., dated December                  19, 1997,                  filed as Annex I to the Company’s Schedule 14A, dated October 6, 1996, and                  incorporated herein by reference.                                                                             |
| 3.4                             | Certificate                  of Amendment to the Restated Certificate of Incorporation of Merisel                  Inc.,                  dated February 13, 2001, filed as exhibit 3.4 to the Company’s Annual                  Report on Form 10-K for the year ended December 31, 2000, and incorporated                  herein by reference. |
| 3.5                             | Certificate                  of Amendment to the Restated Certificate of Incorporation of Merisel                  Inc.,                  dated October 27, 2004.                                                                                                                                                                                       |
| 3.6                             | Bylaws,                  as amended, of Merisel, Inc., filed as exhibit 3.1 to the Company’s                  Quarterly Report on Form 10-Q for the quarter ended June 30, 1991,                  and                  incorporated herein by reference.                                                                                          |
| 31.1                            | Certification                  of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley                  Act of 2002.                                                                                                                                                                                                                   |
| 31.2                            | Certification                  of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley                  Act of 2002.                                                                                                                                                                                                                   |
| 32                              | Certification                  of Chief Executive Officer and Chief Financial Officer pursuant                  to 18                  U.S.C. Section 1350, as adopted pursuant to Section 906 of the                  Sarbanes-Oxley Act of 2002.                                                                                                      |

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