a:\Form4\4wcr0298.doc
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
FORM 4
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.
___ Check box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b)
1. Name and Address of Reporting Person Ray, William C.
200 North Elm Street
Greensboro, NC 27401
2. Issuer Name and Ticker or Trading Network Systems
Symbol International, Inc.
(NESI)
3. IRS Number of Reporting Person, if an
Entity (Voluntary)
4. Statement for Month/Year: January, 1998
5. If Amendment, Date of Original N/A
6. Relationship of Reporting Person to Officer
Issuer
(Check all applicable)
7. Individual or Joint/Group Filing _x__ Form filed by one
(Check applicable line) Reporting Person
___ Form filed by more
than one Reporting
Person.
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
1. Title of Security Common Stock
2. Transaction Date (Month/Day/Year) January 8, 1998
3. Transaction Code (Instr. 8) Code: S
V:
4. Securities Acquired (A) or Disposed of Amt: 2,900
(D)
(A) or D
(D)
Price: $7.00
2. Transaction Date (Month/Day/Year) January 16, 1998
3. Transaction Code (Instr. 8) Code: S
V:
4. Securities Acquired (A) or Disposed of Amt: 1,000
(D)
(A) or D
(D)
Price: $7.00
2. Transaction Date (Month/Day/Year) January 27, 1998
3. Transaction Code (Instr. 8) Code: S
V:
4. Securities Acquired (A) or Disposed of Amt: 1,100
(D)
(A) or D
(D)
Price: $7.3125
2. Transaction Date (Month/Day/Year) January 28, 1998
3. Transaction Code (Instr. 8) Code: S
V:
4. Securities Acquired (A) or Disposed of Amt: 2,500
(D)
(A) or D
(D)
Price: $8.1875
2. Transaction Date (Month/Day/Year) January 29, 1998
3. Transaction Code (Instr. 8) Code: G
V:
4. Securities Acquired (A) or Disposed of Amt: 20,000
(D)
(A) or D
(D)
Price: $8.25
5. Amount of Securities Beneficially Owned
at End of Month 387,981 *
6. Ownership form: Direct (D) or Indirect D
(I)
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 N/A
2. Conversion or Exercise Price of
Derivative Security
3. Transaction Date (Month/Day/Year)
4. Transaction Code Code:
V:
5. Number of Derivative Securities (A)
Acquired (A) or Disposed of (D)
(D)
6. Date Exercisable and Expiration Date Date
(Month/Day/Year) Exercisable
Expiration
Date
7. Title and Amount of Underlying Title
Securities
Amount
or Number
of Shares
8. Price of Derivative Security:
9. Number of Derivative Securities
Beneficially Owned
at End of Month:
10. Ownership Form of Derivative Security:
Direct (D) or Indirect (I)
11. Nature of Indirect Beneficial
Ownership
*Amount of shares beneficially owned and listed in Table I reflects an
additional 83,096 shares of common stock pursuant to 5/4 stock split
to shareholders of record on January 16, 1998.
/s/ William C. Ray
Signature of Reporting Person
Date: 02/03/98