Alan Parekh @ hackedgadgets.com has a review of a cheap component tested he found on ebay. This device can test bipolar transistors, MOSFET, diodes, thyristors, resistors and capacitors. He writes:
This is an inexpensive component tester called the FISH 8840 which you can find from many online eBay retailers for around $30. The interface is very simple, attach a device to be tested and press the test button. It turns off after about 20 seconds, pressing the off button puts it into sleep mode immediately. There is a ZIF socket that allows you to insert leaded devices and pads that allow you to press SMD devices directly onto the tester.
Component Tester FISH 8840 Review – [Link]