Mcglen Internet Group Inc.

The Tustin e-commerce company reported a net loss of $2.6 million, or 8 cents a share, for the fourth quarter, contrasted with net income of $162,948, or 1 cent a share, for the fourth quarter of 1998. Sales climbed to $10.9 million from $4 million. For the year, the company recorded a net loss of $3.5 million, or 11 cents a share, contrasted with net income of $58,419 for 1998. The 1999 net loss included expenses associated with the acquisition of AMT Components Inc. in March 1999 and a reverse merger with Adrenalin Interactive Inc. in December. Sales rose to $27.5 million from $11.5 million.