MANCHESTER EQUIPMENT CO INC
SC 13D/A, 1997-05-08
COMPUTER PROGRAMMING SERVICES
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                SECURITIES AND UNITED STATES EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D/A

                    Under the Securities Exchange Act of 1934
                              (Amendment No.3)*



                         MANCHESTER EQUIPMENT CO., INC.
                                (Name of Issuer)


                          COMMON STOCK, $.01 PAR VALUE
                         (Title of Class of Securities)


                                  562154 10 4
                                 (CUSIP Number)

- ------------------------------------------------------------------------------
                        April 11, 1997 and April 14, 1997
            (Dates of Events Which Require Filing of This Statement)

     If the filing  person has  previously  filed a statement on Schedule 13G to
report the acquisition  which is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(b)(3) or (4), check the following box. |X|

     Note: Six copies of this statement, including all exhibits, should be filed
with the  Commission.  See Rule 13d-1(a) for other parties to whom copies are to
be sent.

                         (Continued on following pages)

                               (Page 1 of 5 Pages)
                         
 -----------------------
*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

     The  information  required on the remainder of this cover page shall not be
deemed to be "filed"  for the purpose of Section 18 of the  Securities  Exchange
Act of 1934 or otherwise  subject to the  liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).



<PAGE>
                                                       SCHEDULE 13D

CUSIP No. 562154 10 4


- --------------------------------------------------------------------------------
      1.         NAME OF REPORTING PERSON
                 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                                   Barry R. Steinberg
- --------------------------------------------------------------------------------
      2.         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP     (a)  |_|

                                                                      (b)  |X|

- --------------------------------------------------------------------------------
      3.         SEC USE ONLY



- --------------------------------------------------------------------------------
      4.         SOURCE OF FUNDS

                           Not applicable. See Item 3.

- --------------------------------------------------------------------------------
      5.         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(D) OR 2(E)                            |_|


- --------------------------------------------------------------------------------
      6.         CITIZENSHIP OR PLACE OF ORGANIZATION

                                     U.S.A.

- --------------------------------------------------------------------------------
         NUMBER OF                     7.     SOLE VOTING POWER
           SHARES                                      4,585,101
        BENEFICIALLY
       OWNED BY EACH
         REPORTING
        PERSON WITH
                            ----------------------------------------------------
                                       8.     SHARED VOTING POWER

                                                       0

                            ----------------------------------------------------
                                       9.     SOLE DISPOSITIVE POWER

                                                       4,585,101

                            ----------------------------------------------------
                                       10.    SHARED DISPOSITIVE POWER

                                                       0

- --------------------------------------------------------------------------------
      11.        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                   4,585,101     See Item 5(a).

- --------------------------------------------------------------------------------
      12.        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
                 CERTAIN SHARES                                           |_|


- -------------------------------------------------------------------------------
      13.        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                                   53.8%    See Item 5(a).



- --------------------------------------------------------------------------------
      14.        TYPE OF REPORTING PERSON

                                   IN

- --------------------------------------------------------------------------------
<PAGE>


                                                       SCHEDULE 13D

CUSIP No. 562154 10 4


- --------------------------------------------------------------------------------
      1.         NAME OF REPORTING PERSON
                 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

                                 Ilene Steinberg
- --------------------------------------------------------------------------------
      2.         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    (a)  |_|

                                                                     (b)  |X|

- --------------------------------------------------------------------------------
      3.         SEC USE ONLY



- --------------------------------------------------------------------------------
      4.         SOURCE OF FUNDS

                   00  See Item 3

- --------------------------------------------------------------------------------
      5.         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(D) OR 2(E)                             |_|


- --------------------------------------------------------------------------------
      6.         CITIZENSHIP OR PLACE OF ORGANIZATION

                                     U.S.A.

- --------------------------------------------------------------------------------
         NUMBER OF                     7.     SOLE VOTING POWER

           SHARES                                      54,750

        BENEFICIALLY

       OWNED BY EACH

         REPORTING

        PERSON WITH
                            ----------------------------------------------------
                                       8.     SHARED VOTING POWER

                                                       0

                            ----------------------------------------------------
                                       9.     SOLE DISPOSITIVE POWER

                                                       54,750

                            ----------------------------------------------------
                                       10.    SHARED DISPOSITIVE POWER

                                                       0

- --------------------------------------------------------------------------------
      11.        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                   54,750     See Item 5(a).

- --------------------------------------------------------------------------------
      12.        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
                 CERTAIN SHARES                                           |_|


- --------------------------------------------------------------------------------
      13.        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                                   .6%    See Item 5(a).

- --------------------------------------------------------------------------------
      15.        TYPE OF REPORTING PERSON

                                   IN

- --------------------------------------------------------------------------------
<PAGE>

                                                      SCHEDULE 13D

CUSIP No. 562154 10 4


- --------------------------------------------------------------------------------
      1.         NAME OF REPORTING PERSON
                 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
                                   Sheryl Steinberg
- --------------------------------------------------------------------------------
      2.         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                                                                       (a)  |_|
                                                                       (b)  |X|
- --------------------------------------------------------------------------------
      3.         SEC USE ONLY



- --------------------------------------------------------------------------------
      4.         SOURCE OF FUNDS

                    00  See Item 3.

- --------------------------------------------------------------------------------
      5.         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
                 PURSUANT TO ITEM 2(D) OR 2(E)                             |_|


- -------------------------------------------------------------------------------
      6.         CITIZENSHIP OR PLACE OF ORGANIZATION

                                     U.S.A.

- --------------------------------------------------------------------------------
         NUMBER OF                     7.     SOLE VOTING POWER

                                                     54,000
        BENEFICIALLY

       OWNED BY EACH

         REPORTING

        PERSON WITH
                            ----------------------------------------------------
                                       8.     SHARED VOTING POWER

                                                       0

                            ----------------------------------------------------
                                       9.     SOLE DISPOSITIVE POWER

                                                       54,000

                            ----------------------------------------------------
                                       10.    SHARED DISPOSITIVE POWER

                                                       0

- --------------------------------------------------------------------------------
      11.        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                   54,000     See Item 5(a).

- --------------------------------------------------------------------------------
      12.        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
                 CERTAIN SHARES                                           |_|


- -------------------------------------------------------------------------------
      13.        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                                   .6%    See Item 5(a).

- --------------------------------------------------------------------------------
      14.        TYPE OF REPORTING PERSON

                                   IN

- --------------------------------------------------------------------------------




<PAGE>

     This Amendment No. 3 amends the Schedule 13D,  dated March 24, 1997,  filed
by the  reporting  persons with respect to the purchase by Ilene  Steinberg and
Sheryl Steinberg of shares of Common Stock, $.01 par value ("Common Stock"), of
Manchester Equipment Co., Inc. (the "Issuer").  Capitalized terms not defined in
this  Amendment  No. 3 are used as  defined  in the  Schedule  13D filing of the
reporting persons.

Item 3.  Source and Amount of Funds or Other Consideration.

     On April 11,  1997,  a  portion  of the  proceeds  of the Loans was used by
Sheryl  Steinberg to purchase  shares of the Issuer's Common Stock. On April 14,
1997, a portion of the proceeds of the Loans was used by each of Ilene Steinberg
and Sheryl  Steinberg to purchase shares of the Issuer's Common Stock. See Item
5(c)

Item 5.   Interest in Securities of the Issuer.

     (a) The  aggregate  number of shares of Common Stock and the  percentage of
outstanding  shares of Common Stock (based upon the  8,525,000  shares of Common
Stock outstanding on February 28, 1997, as represented by the Issuer in the Form
10-Q, dated March 12, 1997),  beneficially  owned by each person named in Item 2
above, as of the close of business on April 28, 1997, is set forth below:



<TABLE>
<CAPTION>
                                             Shares            Percentage of
             Name of Holder              Beneficially Owned  Outstanding Shares
<S>                                          <C>                    <C>
Barry R. Steinberg..................         4,585,101              53.8%

Ilene Steinberg.....................            54,750 (1)            .6%

Sheryl Steinberg....................            54,000                .6%
                                                ------                -- 
                                            
Total                                        4,693,851              55.1%
                                             =========              ==== 
</TABLE>

   
     (c) On April 11,  1997,  Sheryl  Steinberg  purchased  5,000  shares of the
Issuer's  Common  Stock at a purchase  price of $4-1/8  per share.  On April 14,
1997, each of Ilene Steinberg and Sheryl Steinberg purchased 2,000 shares of the
Issuer's Common Stock at a purchase price of $4 per share. The transactions were
effected on the open market.  The Issuer's  Common Stock is traded on The Nasdaq
National Market.
- ----------------------------
(1) Includes 500 shares of the Issuer's  Common Stock purchased on November
26,  1996 at $10 1/8 per share,  and 250  shares of the  Issuer's  Common  Stock
purchased on November 26, 1996 at $10 1/2 per share.  These  purchases were made
on the open market and were not previously reported on this schedule 13D.

     

<PAGE>

                                   SIGNATURES


     After reasonable  inquiry and to the best of my knowledge and belief,  each
of us  certifies  that the  information  set  forth in this  statement  is true,
complete and correct.


                                                     /s/ Barry R. Steinberg
                                                     -----------------------
Date: May 7, 1997                                    Barry R. Steinberg



                                                     s/s Ilene Steinberg
                                                     -------------------
                                                         Ilene Steinberg



                                                     s/s Sheryl Steinberg
                                                     -------------------
                                                      Sheryl Steinberg



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