Handy tool cuts lead and forms a “C” shape standoff for axial and radial leaded components.
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94-1335 - Multi-Function Wire Strippers - 26-16AWG
Multi-function wire strippers also act as shears and pliers. Features serrated pliers at the end to provide a strong grip.
94-1340 - Multi-Function Wire Strippers - 30-20AWG
94-1350 - Lead "L" Shape Forming and Cutting Tool - Up to 18AWG
Handy tool pre-forms component lead into an “L” shape standoff for radial leaded components and cuts off residual part.
MCM Cat 57, Page 977
I've ordered several times from MCM and have always been very satisfied with their products, service and shipping.