R F INDUSTRIES LTD
4, 2000-02-29
ELECTRONIC CONNECTORS
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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                     FORM 4
                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
             ( ) Check this box if no longer subject to Section 16.
        Form 4 or Form 5 obligations may continue. See Instructions 1(b).

                     1. Name and Address of Reporting Person
                               JACOBS, ROBERT
                          1900 AVE OF THE STARS #2850
                             LOS ANGELES, CA 90067

                   2. Issuer Name and Ticker or Trading Symbol
                               RF INDUSTRIES, LTD
                                     (RFIL)

        3. IRS or Social Security Number of Reporting Person (Voluntary)

                           4. Statement for Month/Year
                                      02/00

                 5. If Amendment, Date of Original (Month/Year)

     6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
      (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
                                 (specify below)
                       CHIEF FINANCIAL OFFICER, SECRETARY

           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>

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 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
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1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
<S>                        <C>    <C>     <C>               <C>  <C>         <C>                 <C>    <C>

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RF INDUSTRIES COMMON STOCK         M           20,000         D                 20,000             D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                 (Over)
SEC 1473 (7-97)
|
</TABLE>

<PAGE>




<TABLE>
<CAPTION>


FORM 4 (CONTINUED)   TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE
                                SECURITIES)

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1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
- -----------------------------------------------------------------------------------------------------------------------------------
<S>                   <C>      <C>   <C>  <C>           <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
EMPLOYEE STOCK OPTION |1.33    |10/31|T   | | 2000      |A  |10/31|10/31|COMMON STOCK| 2000  |       |39,900      |D  |            |
(RIGHT TO BUY)        |        |/99  |    | |           |   |/00  |/2009|            |       |       |            |   |            |
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Explanation of Responses:

</TABLE>



                            /s/ Robert Jacobs                 February 29, 2000
                          ---------------------------------  -------------------
                          **Signature of Reporting Person     Date

**    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 is insufficient, SEE Instruction 6 for procedure.



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