FORM 3 Securities and Exchange Commission
Washington, DC 20549
Initial 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 4. Issuer Name and Trading Symbol
Hills Carter H. DCI Telecommunications, Inc. DCTC
----------------------------------- ---------------------------------
(Last) First Middle
5. Relationship of Reporting
2132 Leroy Place, N.W. Person(s) to Issuer
------------------------------------
(Street) (Check all applicable)
X Director __ 10% Owner
Washington DC 20008 __ Officer __ Other (Specify)
------------------------------------ (title) below)
(City) (State) (Zip)
2. Date of Event Requiring Statement ----------- ----------------
6. If Amendment, Date of Original
July 30, 1998 (Month/Day/Year)
____________________ _________________________________
3. IRS Identification Number of Reporting 7. Individual or Joint/Group
Person, (Voluntary) Filing (Check Applicable Line)
X Form filed by One Reporting
Person
-------------------------------------- _ Form filed by More than one
Reporting Person
_____________________________________________________________________________
Table I - Non-Derivative Securities Beneficially Owned
1. Title of 2. Amount of Securities 3. Ownership 4. Nature of
Security Beneficially Owned Form: Indirect
Direct (D) Beneficial
Indirect (I) Ownership
DCI Telecommunications 97,001 shares D _____________
Common Stock
DCI Telecommunications 40,000 shares I By Oldham
Common Stock Investmnt Corp
DCI Telecommunications 25,000 shares I By Spouse
Common Stock
<PAGE>
Table II - Derivative Securities Beneficially Owned (e.g. puts, calls,
warrants, options, convertible securities)
1.Title of 2.Date Exer- 3.Title 4.Conver- 5.Owner- 6.Nature
Derivative cisable & & Amount sion or ship of
Security Expiration of Exercise Form of Indirect
Date Securities Price of Deriv- Ownership
------------- Underlying Deri- ative
Date Expir- Derivative vative Security
Exer- ation Security Security Direct(D)
cisable Date ------------- Indirect
Title Amount (I)
of
Number
of
Shares
Options 7/26/95 7/26/00 Common 25000 $0.60 D __________
Options 10/11/96 4/12/01 Common 50000 $0.1875 D __________
Options 10/18/96 4/12/01 Common 50000 $0.1875 D __________
Options 6/16/97 6/16/02 Common 27272 $1.375 D __________
- -----------------------------------------------------------------------------
Explanation of Responses:
All options represent the right to purchase DCI common shares.
Carter H. Hills 08/05/98
_____________________ _________
Signature of Reporting Date
Person
