LYNCH CORP
8-K, 1997-12-08
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                SECURITIES AND EXCHANGE COMMISSION
                      WASHINGTON, D.C. 20549

                             FORM 8-K


        CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
             THE SECURITIES AND EXCHANGE ACT OF 1934


     DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): December 5, 1997



Commission File No. 1-106




                                LYNCH CORPORATION                             
      (Exact name of Registrant as specified in its charter)




               Indiana                                       33-1799862       
   (State or other jurisdiction of                       (I.R.S. Employer
    incorporated or organization)                         Identification No.)



8 Sound Shore Drive, Suite 290, Greenwich, Connecticut         06830          
(Address of principal executive offices)                      (Zip code)



                               (203) 629-3333                                 
        Registrant's telephone number, including area code



<PAGE>
ITEM 5.    Other Events


     Lynch Interactive Corporation, a subsidiary of Registrant, has sent a
letter to Hector Communications Corporation ("Hector") in which it withdrew
its letter dated October 14, 1995, which indicated that Registrant was
willing to consider making an offer for shares of Hector.

     This Form contains forward looking information which is subject to
risks and uncertainties, and there is not assurance that any agreement or
transaction will result.


ITEM 7(c). Exhibits  

     Exhibit 10.  Letter to Hector dated December 5, 1997.


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undesigned and hereunto duly authorized.

                                        LYNCH CORPORATION



                                        By:________________________
Dated: December 8, 1997                          Robert E. Dolan
                                            Chief Financial Officer

                  LYNCH INTERACTIVE CORPORATION
                  8 Sound Shore Drive, Suite 290
                       Greenwich, CT 06830
                          (203) 629-3333



                                        December 5, 1997



Mr. Curtis A. Sampson 
Chairman & Chief Executive Officer
Hector Communications Corporation
211 South Main Street
Hector, Minnesota 55342

Dear Mr. Sampson:

     Reference is made to Lynch Interactive Corporation's letter
to Hector Communications Corporation dated October 14, 1997. 
Lynch Interactive is hereby withdrawing said letter.  Lynch
Corporation may, from time to time, increase or decrease its
holdings of Hector stock.

                                        Sincerely,



                                        Robert E. Dolan




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