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Metalink Ltd. (NASDAQ: MTLK) $0.7498,, $1.74 per share in CASH.. $2,004,000 market Cap.. Thin Stock..

MTLK is a leading provider of silicon solutions for high performance wireless and wireline broadband communications. Metalink’s products revolutionize the broadband experience by facilitating the convergence of telecommunication, networking and entertainment. Based on WLAN and DSL technologies, these products are designed to offer true broadband connectivity in every home.

Metalink's wireless LAN products introduce an enhanced wireless home network experience by implementing WLANPlus, a high-throughput IEEE 802.11n-compliant wireless LAN technology. WLANPlus surpasses alternative 802.11n technologies by an order of magnitude, providing a best-of-breed foundation for wireless triple-play and entertainment networks with multiple simultaneous high-definition video streams and extended coverage. With a wide range of chipsets including single-band, dual-band, simultaneous dual-band and System on Chip (SoC) with integrated network processor, it offers the best match for various applications ranging from Residential Gateways, Access Points and Routers to PC cards, STBs, DMAs and wireless HDTVs.

With transmission speeds reaching 300 Mbps, WLANPlus provides a cutting edge solution for VoIP, gaming and HD video streaming applications, with complete and reliable coverage throughout the home. The WLANPlus chipset includes MIMO technology, featuring advanced coding (LDPC), Maximum Likelihood MIMO detector, market-leading 2.4/5 GHz performance, and packet aggregation with channel bonding. The WLANPlus family of products supports a full suite of 802.11n applications.

MTLK.. December 5, 2011,, Metalink Reports Second Quarter 2011

GEALYA, Israel, December 5, 2011 /PRNewswire/ --

Metalink Ltd. (OTC: MTLK.PK), today announced its unaudited financial results for the second quarter of 2011 ended June 30, 2011.

Financial Highlights for the Second Quarter of 2011: Revenues for the second quarter of 2011 were $810 thousands compared to $208 thousand for the second quarter of 2010; Net profit for the period from continuing operation was $327 thousand, or $0.12 per share, compared to net loss of $(56) thousands, or $(0.02) per share, for the second quarter of 2010.

For the first 6 months of 2011: Revenues for the period were $909 thousands compared to $258 thousand for the first half of 2010; Net profit for the period was $354 thousand, or $0.12 per share, compared to net loss from continuing operation of $(548) thousands, or $(0.20) per share, for the first six months of 2010.

Cash Status: Metalink's cash, cash equivalents, as of June 30, 2011 were $4.84 million.

ABOUT METALINK

Metalink shares trade on Nasdaq under the symbol "MTLK". For more information, please visit our website at http://www.MTLK.com.

CONSOLIDATED BALANCE SHEETS

June 30, December 31,
2011 2010
(Unaudited)
(in thousands except share data)
ASSETS

Current assets
Cash and cash equivalents $ 4,837 $ 4,357
Trade accounts receivable 104 92
Other receivables - 266
Government institutions 4 66
Prepaid expenses & Income receivable 44 8
Advance to supplier 345 175
Inventories 4 37
Total current assets 5,338 5,001

Property and equipment, net 80 79

Total assets $ 5,418 $ 5,080

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities
Trade accounts payable $ 123 $ 102
Other payables and accrued expenses 539 576
Total current liabilities 662 678

Accrued severance pay 275 275

Shareholders' equity
Ordinary shares of NIS 1.0 par value
(Authorized - 5,000,000 shares, issued
and outstanding - 2,780,707 shares as of
June 30, 2011 and December 31, 2010)
790 790
Additional paid-in capital 158,111 158,111
Accumulated deficit (144,535) (144,889)
14,366 14,012

Treasury stock, at cost; 89,850 as of
June 30, 2011 and December 31, 2010 (9,885) (9,885)
Total shareholders' equity 4,481 4,127

Total liabilities and shareholders'
equity $ 5,418 $ 5,080

Three months ended Six months ended

June 30, June 30,
2011 2010 2011 2010
(Unaudited) (Unaudited)
(in thousands,
except share and per share data)
Revenues $ 810 $ 208 $ 909 $ 258

Costs of revenues 257 41 262 41

Gross profit 553 167 647 217

General and administrative 238 215 314 649

Operating profit, (loss) 315 (48) 333 (432)

Financial income (expenses), net 12 (8) 21 (161)

Net profit (loss) from continuing
operation $ 327 $ (56) $ 354 $ (548)

Discontinued operation
Operating loss (profit) from
discontinued operation - 111 - (108)
Capital gain from sale of
discontinued operation - - - 6,907
Net profit from Discontinued
operation
$ - $ 111 $ - $ 6,799

Net profit $ 327 $ 55 $ 354 $ 1 6,25

Per share data- $ 0.12 $ (0.02) $ 0.12 $ (0.20)
Basic and Diluted earnings (loss)
from continuing operations

Basic and Diluted earnings (loss)
from discontinued operations
$ - $ 0.04 $ - $ 2.53
Basic and Diluted earnings (loss) $ 0.12 $ 0.02 $ 0.12 $ 2.33

Shares used in computing loss per
ordinary share:
Basic and Diluted 2,780,707 2,690,383 2,780,707 2,690,383

Contact:
Neta Eshed
General Counsel
Metalink Ltd.
Tel: [phone]
Fax: [phone]
[e-mail]

SOURCE Metalink Ltd

==========================================================

MTLK... September 15, 2011 Reports First Quarter 2011 Results

Metalink Ltd. (NASDAQ: MTLK), today announced its unaudited financial results for the first quarter of 2011 ended March 31, 2011.

FINANCIAL RESULTS
Financial Highlights for the First Quarter of 2011: Revenues for the first quarter of 2011 were $99 thousands compared to $50 thousands for the first quarter of 2010; the revenues are only from Metalink's continuing operation, the legacy DSL sales. Net profit for the period from continuing operation was $28 thousands, or $0.01 per share, compared to net loss of $(484) thousands, or $(0.18) per share, for the first quarter of 2010.

Cash Status: Metalink's cash, cash equivalents, as of March 31, 2011 were $4.58 million.

Metalink shares trade on Nasdaq under the symbol "MTLK". For more information, please visit our website at http://www.MTLK.com.

METALINK LTD.
CONSOLIDATED BALANCE SHEETS March 31, December 31,
2011 2010
(Unaudited)
(in thousands except share data)
ASSETS
Current assets
Cash and cash equivalents $ 4,584 $ 4,357
Trade accounts receivable - 92
Other receivables - 266
Government institutions 64 66
Prepaid expenses 71 8
Advance to supplier 175 175
Inventories 140 37
Total current assets 5,035 5,001

Property and equipment, net 74 79

Total assets $ 5,109 $ 5,080

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities
Trade accounts payable $ 236 $ 102
Other payables and current liabilities 439 576
Total current liabilities 675 678

Accrued severance pay 279 275

Shareholders' equity
Ordinary shares of NIS 1.0 par value
(Authorized - 5,000,000 shares, issued
and outstanding - 2,780,707 shares as of
March 31, 2011 and December 31, 2010)
790 790
Additional paid-in capital 158,111 158,111
Accumulated deficit (144,861) (144,889)
14,040 14,012

Treasury stock, at cost; 89,850 as of
March 31, 2011 and December 31, 2010 (9,885) (9,885)
Total shareholders' equity 4,155 4,127

Total liabilities and shareholders'
equity $ 5,109 $ 5,080

Three months ended March 31,
2011 2010
(Unaudited) (Unaudited)
(in thousands,
except share and per share data)


Revenues $ 99 $ 50

Cost of revenues 5 -

Gross profit 94 50

General and administrative 76 434

Operating profit (loss) 18 (384)

Financial income (expenses), net 10 (100)

Net profit (loss) from continuing operation $ 28 $ (484)
Discontinued operation
Operating loss from discontinued operation - (218)
Capital gain from sale of discontinued
operation - 6,907
Net profit (loss) from Discontinued
operation
$ - $ 6,689
Net profit (loss) $ 28 $ 6,205

Per share data-

Basic and Diluted earnings (loss) from
continuing operations $ 0.01 $ (0.18)
Basic and Diluted earnings from discontinued
operations
$ - $ 2.49

Basic and Diluted earnings per share $ 0.01 $ 2.31
Shares used in computing earnings (loss) per
ordinary share:
Basic and Diluted 2,780,707 2,690,373

Neta Eshed
General Counsel
Metalink Ltd.
Tel: [phone]

Fax: [phone]
[e-mail]

SOURCE Metalink Ltd