ONLINE POWER SUPPLY INC
3, 2000-07-18
ELECTRIC SERVICES
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 3
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
1. Name and Address of Reporting Person
       BUDINGER,    KRIS     M.

      600 WEST COUNTY LINE RD
   HIGHLANDS RANCH,     CO    80126
       USA
2. Date of Event Requiring Statement (Month/Day/Year)
     FEBRUARY 24, 2000
3. IRS or Social Security Number of Reporting Person (Voluntary)

4. Issuer Name and Ticker or Trading Symbol
       ONLINE POWER SUPPLY, INC.
   OPWR
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director  ( ) 10% Owner  (X) Officer (give title below) ( ) Other
   (specify below)
       PRESIDENT, COO, SEC, TREAS.
6. If Amendment, Date of Original (Month/Day/Year)
      MARCH 6, 2000
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Beneficially Owned                                                                           |
___________________________________________________________________________________________________________________________________|
1. Title of Security                       |2. Amount of          |3. Ownership    |4. Nature of Indirect                          |
                                           |   Securities         |   Form:        |   Beneficial Ownership                        |
                                           |   Beneficially       |   Direct(D) or |                                               |
                                           |   Owned              |   Indirect(I)  |                                               |
___________________________________________________________________________________________________________________________________|
<S>                                        <C>                    <C>              <C>
    $.0001 Par Value Common Stock          |368,784 (a)           |D               |                                               |
-----------------------------------------------------------------------------------------------------------------------------------|
    $.0001 Par Value Common Stock          |414,291               |I               |By spouse                                      |
-----------------------------------------------------------------------------------------------------------------------------------|
    $.0001 Par Value Common Stock          |102,400               |I               |By dependents                                  |
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___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Beneficially Owned                                                                             |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative   |2.Date Exer-       |3.Title and Amount     |         |4. Conver-|5. Owner-    |6. Nature of Indirect      |
  Security              |  cisable and      |  of Underlying        |         |sion or   |ship         |   Beneficial Ownership    |
                        |  Expiration       |  Securities           |         |exercise  |Form of      |                           |
                        |  Date(Month/      |-----------------------|---------|price of  |Deriv-       |                           |
                        |  Day/Year)        |                       |Amount   |deri-     |ative        |                           |
                        | Date    | Expira- |                       |or       |vative    |Security:    |                           |
                        | Exer-   | tion    |         Title         |Number of|Security  |Direct(D) or |                           |
                        | cisable | Date    |                       |Shares   |          |Indirect(I)  |                           |
___________________________________________________________________________________________________________________________________|
<S>                     <C>       <C>       <C>                     <C>       <C>        <C>           <C>
  Right to Buy - Non-qua|03/04/98 |03/04/04 |$.0001 Par Value Common|500,000  |$5.50     |D            |                           |
lified Options          |         |         | Stock                 |         |          |             |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
  Right to Buy - Qualifi|12/14/99 |12/05/09 |$.0001 Par Value Common|11,650   |$6.18     |D            |                           |
ed Options              |         |         | Stock                 |         |          |             |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(a)  This amendment is being filed to include shares directly held that were
inadvertantly not included in the original
filing.
SIGNATURE OF REPORTING PERSON
  /s/  KRIS M. BUDINGER
DATE
  July 18, 2000



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