DYCOM INDUSTRIES INC
3, 1997-08-07
WATER, SEWER, PIPELINE, COMM & POWER LINE CONSTRUCTION
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FORM 3                                                  OMB APPROVAL
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                                             OMB Number                3235-0104
                                             Expires:         September 30, 1998
                                             Estimated average burden
                                             hours per response .............0.5
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                    U. S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D. C. 20549

            INITITAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

     Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
       Section 17(a) of the Public Utility Holding Company Act of 1935 or
               Section 30(f) of the Investment Company Act of 1940
- -------------------------------------------------------------------------------
 1. Name and Address of Reporting Person*
     Polis                          Thomas
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     (Last)                          (First)                         (MI)
     235 East Gay Street
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                                    (Street)
     West Chester                    PA                            19380
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     (City)                         (State)                       (Zip)

 2. Date of Event Requiring Statement (Month/Day/Year)
                       7/29/97
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 3. IRS or Social Security Number of Reporting Person (Voluntary)
 
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 4. Issuer Name and Ticker or Trading Symbol

    Dycom Industries, Inc.; DY
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 5. Relationship of Reporting Person to Issuer (Check all applicable)

    [    ]  Director                       [    ]  10% Owner
    [ X  ]  Officer (give title below)     [    ]  Other (specify below)
    Executive Vice President of Subsidiary
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 6. If Amendment, Date of Original (Month/Day/Year)

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

 7. Individual or Joint/Group Filing (Check Applicable Box)
    [ X ] Form filed by One Reporting Person
    [   ] Form filed by More than One Reporting Person

TABLE I - Non-Derivative Securities Beneficially Owned
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<TABLE>
<CAPTION>
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1. Title of Security             |  2. Amount of Securities  | 3. Ownership Form:         | 4. Nature of Indirect Beneficial 
   (Instr. 4)                    |     Beneficially Owned    |    Direct (D) or Indirect  |    Ownership (Instr. 5)
                                 |     (Instr. 4)            |    (I) (Instr. 5)          |    
<S>                                <C>                        <C>                         <C>
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   Common Stock                  |  1,026,621 shares         |            D               |           
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                                 |                           |                            |    
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                                 |                           |                            |    
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                                 |                           |                            |    
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                                 |                           |                            |    
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                                 |                           |                            |    
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                                 |                           |                            |    
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                                 |                           |                            |    
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</TABLE>
Reminder: Report on a seperate line for each class of securities beneficially
          owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction
  5(b)(iv).
                            (Print or Type Responses)

                                                                          (Over)
                                                                 SEC 1473 (7/96)
<PAGE>
<TABLE>
<CAPTION>

FORM 3 (continued)       Table II -- Derivative Securities Benefically Owned
                     (e.g., puts, calls, warrants, options, convertible securities)
<S>                                                <C>
- ---------------------------------------------------------------------------------------------
1. Title of Derivative Security (Instr. 4)         | 2. Date Exercisable and Expiration Date
                                                   |    (Month/Day/Year)
                                                   |-----------------------------------------
                                                   |  Date Exercisable  |  Expiration Date
- ---------------------------------------------------------------------------------------------
                                                   |                    |
a)                                                 |                    |
                                                   |                    |
- ---------------------------------------------------------------------------------------------
                                                   |                    |
b)                                                 |                    |
                                                   |                    |
- ---------------------------------------------------------------------------------------------
                                                   |                    |
c)                                                 |                    |
                                                   |                    |
- ---------------------------------------------------------------------------------------------
                                                   |                    |
d)                                                 |                    |
                                                   |                    |
=============================================================================================


===================================================================================================================================
3. Title and Amount of Securities        | 4. Conversion or Exercise | 5.  Ownership Form of Derivative  | 6.  Nature of Indirect  
   Underlying Derivative Security        |    Price of Derivative    |     Security: Direct (D) or       |     Beneficial Ownership
   (Instr. 4)                            |    Security               |     Indirect (I) (Instr. 5)       |     (Instr. 5)
- -----------------------------------------|                           |                                   |    
                          |  Amount of   |                           |                                   |
                          |  Number of   |                           |                                   | 
          Title           |   Shares     |                           |                                   |
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                          |              |                           |                                   |
a)                        |              |                           |                                   |
                          |              |                           |                                   |
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                          |              |                           |                                   |
b)                        |              |                           |                                   |
                          |              |                           |                                   |
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                          |              |                           |                                   |
c)                        |              |                           |                                   |
                          |              |                           |                                   |
- -----------------------------------------------------------------------------------------------------------------------------------
                          |              |                           |                                   |
d)                        |              |                           |                                   |
                          |              |                           |                                   |
- -----------------------------------------------------------------------------------------------------------------------------------
Explanation of Responses: The filing of this Statement shall not be construed as an admission (a) that the person filing this
Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934 (as amended), the beneficial owner of any
equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
   See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this form, one of which must be manually signed. If
       space provided is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the
form displays a currently valid OMB Number.

 /s/  Thomas Polis                                           August 6, 1997
- --------------------------------------------------------    -------------------
            **Signature of Reporting Person                         Date
                   Thomas Polis

                                                                          Page 2
                                                                 SEC 1473 (7/96)



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