MICRONETICS WIRELESS INC
4, 1999-10-05
ELECTRONIC COMPONENTS, NEC
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                              FORM 4

             U.S. SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

           STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

       Filed pursuant to Section 16(a) of the Securities
                      Exchange Act of 1934



1. Name and Address of Reporting Person:


Kalin                            Richard
(Last)                           (First)


One Penn Plaza, Suite 1425        New York, NY         10119
(Street)            (City)          (State)            (Zip)

2. Issuer Name and Ticker or Trading Symbol:


Micronetics Wireless, Inc./NOIZ

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




4. Statement for Month/Year:



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


August 1999

6. Relationship of Reporting Person to Issuer (Check all
applicable):

   X       Director

   X       10% Owner

   X       Officer (give title below)

           Other (Specified below)


President

Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned:


1. Title of Security:

Common Stock


2. Transaction Date:


August 23, 1999
(Month/Day/Year)


3. Transaction Code:
   Code          V


    M


4. Securities Acquired (A) or Disposed of (D):

Amount            (A) or (D)           Price


25,000             A                   $1.32


5. Amount of Securities Beneficially Owned at End of Month:


1,226,107*


6. Ownership Form-Direct (D) or Indirect (I):


D


7. Nature of Indirect Beneficial Ownership:








Table II - Derivative Securities Acquired, Disposed of, or
Beneficially Owned (e.g., puts, calls, warrants, options,
convertible securities):

1. Title of Derivative Security:


Common Stock

Common Stock

2. Conversion or Exercise Price of Derivative Security:


 $1.32

 $1.32

3. Transaction Date (Month/Day/Year):


August 16, 1999

August 23, 1999

4. Transaction Code:
   Code          V


     A

     M

5. Number of Derivative Securities Acquired (A) or Disposed of
(D):

 25,000(A)

 25,000(D)

6. Date Exercisable and Expiration Date (Month/Day/Year):


 August 16, 1999                      August 16, 2004
(Date Exercisable)                   (Expiration Date)

 August 16, 1999                      August 16, 2004
(Date Exercisable)                   (Expiration Date)

7. Title and Amount of Underlying Securities:

 Common Stock                      25,000
(Title)                          (Amount of Number of Shares)

 Common Stock                      25,000
(Title)                          (Amount of Number of Shares)

8. Price of Derivative Security:




9. Number of Derivative Securities Beneficially Owned at End of
Month:

170,500


10. Ownership Form of Derivative Security: Direct (D) or Indirect
(I):

  D

  D

11. Nature of Indirect Beneficial Ownership:




Explanation of Responses:

*    Includes options to purchase an aggregate of 145,500 shares of
     Micronetics Wireless, Inc. Common Stock (the "Common Stock")
     that are issuable to Mr. Kalin upon exercise within sixty days
     and options to purchase 25,000 shares of Common Stock that are
     issuable to Mr. Kalin's wife upon exercise within sixty days.
     Also includes 10,000 shares of Common Stock owned by his minor
     son and 437,850 shares of Common Stock owned by Mr. Kalin's
     wife as to which he disclaims beneficial ownership.




s/Richard S. Kalin                              10/4/99
Signature of Reporting Person                    Date












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