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Securities and Exchange Commission
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____ )
Transwitch Corp
____________________________________
(Name of Issuer)
Common
____________________________________
(Title of Class of Securities)
894065101
____________________________________
(CUSIP Number)
The remainder of this cover page shall e filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior page.
The information required in the reminder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes.)
(Continued on following page(s))
Page 1 of 4 Pages
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Page 2 of 4 Pages
CUSIP No. 894065101 13G
__________________
1) Names of Reporting Persons. SS or IRS Identification Nos. of Above
Persons Greenville Capital Management, Inc.; 51-0318559
_____________________________________________________________________
2) Check the Appropriate Box if a Member of a Group. _____ (a) _____ (b)
3) SEC Use Only
_____________________________________________________________________
4) Citizenship or Place of Organization
PO Box 220; Rockland, DE 19732; USA
_____________________________________________________________________
Number of Shares 5) Sole Voting Power _______________
Beneficially
Owned by 6) Shared Voting Power _______________
Each Reporting
Person With 7) Sole Dispositive Power
702,200
_______________
8) Shared Dispositive Power
_______________
9) Aggregate Amount Beneficially Owned by Each Reporting Person
702,200
_____________________________________________________________________
10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
_____________________________________________________________________
11) Percent of Class Represented by Amount in Row (9)
5.7%
_____________________________________________________________________
12) Type of Reporting Person
IA
_____________________________________________________________________
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Page 3 of 4 Pages
Item 1(A). Name of Issuer
Transwitch Corp
_______________________________________________________________________________
Item 1(B). Address of Issuer's Principal Executive Offices
8 Progress Drive; Shelton, CT 06484
_______________________________________________________________________________
Item 2(A). Name of Person(s) Filing
Greenville Capital Management, Inc.
_______________________________________________________________________________
Item 2(B). Address of Principal Business Office or, if none, Residence
PO Box 220; Rockland, DE 19732
_______________________________________________________________________________
Item 2(C). Citizenship
USA
_______________________________________________________________________________
Item 2(D). Title of Class of Securities
Common
_______________________________________________________________________________
Item 2(E). CUSIP Number
894065101
_______________________________________________________________________________
Item 3. If This Statement is Filed Pursuant to Rules 13D-1(B), or 13D-2(B),
Check Whether the Person Filing is a:
a) _____ Broker of Dealer registered under Section 15 of the Act
b) _____ Bank as defined in section 3(a)(6) of the Act
c) _____ Insurance Company as defined in section 3(a)(19) of the Act
d) _____ Investment Company registered under section 8 of the
Investment Company Act
e) XX Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
f) _____ Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act
of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F)
g) _____ Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G) (Note: See Item 7)
h) _____ Group, in accordance with Rule 13d-1(b)(1)(ii)(H)
Item 4. Ownership
a) Amount Beneficially Owned:
702,200
________________________________________________________________
b) Percent of Class:
5.7%
________________________________________________________________
c) Number of shares as to which such person has:
i) sole poser to vote or to direct the vote
__________________________________________________________
ii) shared power to vote or to direct the vote
__________________________________________________________
iii) sole power to dispose or to direct the disposition of
702,200
__________________________________________________________
iv) shared power to dispose or to direct the disposition of
__________________________________________________________
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Page 4 of 4 Pages
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following._____
Item 6. Ownership of More Than Five Percent on Behalf of Another Person
N/A
_______________________________________________________________________________
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company
N/A
_______________________________________________________________________________
Item 8. Identification and Classification of Members of the Group
N/A
_______________________________________________________________________________
Item 9. Notice of Dissolution of Group
N/A
_______________________________________________________________________________
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not have
the effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant in
any transaction having such purposes or effect.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
February 1, 1998
____________________________________
(Date)
Amie J. Sweren
____________________________________
(Signature)
Amie J. Sweren/Director of Operations
____________________________________
(Name/Title)
