UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-QSB/A
AMENDMENT NO. 1
(Mark one)
(X) QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1996
( ) TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT
For the Transition period from to
Commission file number: 0-17419
__________
PC ETCETERA, INC.
______________________________________________________________________
(Exact name of small business issuer as specified in its charter)
Delaware 13-3260705
__________________________________ __________________
(State or other jurisdiction of (IRS Employer
incorporation or organization) Identification No.)
462 Seventh Avenue, New York, NY 10018
___________________________________________ ___________________
(Address of principal executive offices) (Zip Code)
Issuer's telephone number: (212) 736-5870
__________________
_________________________________N/A_____________________________
(Former name, former address and former fiscal year, if changed since
last report)
Check whether the issuer (1) filed all reports required to be
filed by Section 13 or 15(d) of the Exchange Act during the past 12
months (or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days. Yes ( X ) No
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's
classes of common equity, as of the latest practicable date:
3,127,462 shares of common stock as of August 8, 1996
<PAGE>
PC ETCETERA, INC. AND SUBSIDIARIES
PART II. OTHER INFORMATION
Item 6. Exhibits and Reports on Form 8-K
Exhibit 27 - Financial Data Schedule
<PAGE>
SIGNATURES
In accordance with the requirements of the Exchange Act, the
registrant caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
PC Etcetera, Inc.
October 28, 1996 By: /s/ Terry I. Steinberg
_________________________________
Terry I. Steinberg
President (Principal
Executive and Financial Officer)
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<ARTICLE> 5
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-START> JUL-01-1995
<PERIOD-END> MAR-31-1996
<CASH> 20,956
<SECURITIES> 18,800
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 42,203
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 42,203
<CURRENT-LIABILITIES> 11,735
<BONDS> 0
0
0
<COMMON> 0
<OTHER-SE> 0
<TOTAL-LIABILITY-AND-EQUITY> 0
<SALES> 4,385
<TOTAL-REVENUES> 4,385
<CGS> 4,048
<TOTAL-COSTS> 9,381
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> (3,783)
<INCOME-TAX> (1,389)
<INCOME-CONTINUING> 0
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> (2,394)
<EPS-PRIMARY> (.52)
<EPS-DILUTED> (.52)
</TABLE>
