The recently developed semiclassical theory for magnetoelectronic circuits is
applied to a transistor-like device consisting of a normal metal island and
three magnetic terminals. The electric current between source and drain can be
controlled by the magnetization of a ``base'' reservoir up to distances of the
order of the spin-flip diffusion length.Comment: Proceedings of NATO-ARW on Semiconductor Nanostructures, 5-9 February
2001, Queenstown, NZ, to be published in Physica