CYRK INC
5, 1998-02-13
APPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL
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                                                         OMB APPROVAL
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FORM 5                                         OMB Number:            3235-0362
- ------                                         Expires:      September 30, 1998
                                               Estimated average burden
                                               hours per response . . . . . 1.0
                                               --------------------------------
                                                                     
[ ] CHECK BOX IF NO          UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    LONGER SUBJECT TO                       WASHINGTON, DC 20549               
    SECTION 16. FORM                                                           
    4 OR FORM 5             ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
    OBLIGATIONS MAY                                                            
    CONTINUE. SEE            Filed pursuant to Section 16(a) of the Securities 
    INSTRUCTION 1(b)                         Exchange Act of 1934,            
    FORM 3 HOLDINGS                  Section 17(a) of the Public Utility      
    REPORTED                 Holding Company Act of 1935 or Section 30(f) of 
    FORM 4                              the Investment Company Act            
    TRANSACTIONS                                   of 1940                    
    REPORTED                                                                   

<TABLE> 
<S>                             <C>            <C>                        <C>                <C>          <C>            <C>   
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 1. Name and Address of Reporting Person*      2. Issuer Name and Ticker or Trading Symbol   6. Relationship of Reporting Person(s)
   STANTON          ERIC                             CYRK, INC. (CYRK)                          to Issuer (Check all applicable)
- -------------------------------------------    ----------------------------------------------       Director         10% Owner
  (Last)          (First)          (Middle)    3. IRS or Social Security  4. Statement for      ----              ---
EVERGO HOUSE, 3rd FLOOR, GLOUCESTER ROAD          Number of Reporting        Month/Year             Officer (give  X Other (specify
- -------------------------------------------       Person (Voluntary)       DECEMBER 31, 1997    ----        title ---       below)
                 (Street)                                                 -------------------               below)
WANCHAI              HONG KONG                                            5. If Amendment, 
- -------------------------------------------                                  Date of Original       -------------------------------
  (City)           (State)           (Zip)                                   (Month/Year)              
                                                                                             7. Individual or Joint/Group Reporting
                                                                          ------------------    (Check Applicable Line)
                                                                                                  X   Form filed by one 
                                                                                                ----  Reporting Person
                                                                                                      Form filed by more than
                                                                                                ----  one Reporting Person
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                         TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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 1. Title of Security           2. Trans-   3. Transac-  4. Securities Acquired (A)  5.  Amount of Se-    6. Owner-      7. Nature  
    (Instr. 3)                     action      tion         or Disposed of (D)           curities Benefi-    ship           of In-  
                                   Date        Code         (Instr. 3, 4 and 5)          cially Owned at     Form:          direct  
                                               (Instr. 8)                                End of Issuer's     Direct         Benefi-
                                  (Month/                                                Fiscal Year         (D) or         cial
                                   Day/                 ----------------------------     (Instr. 3 and 4)    Indirect       Owner- 
                                   Year)                Amount    (A) or      Price                          (I)            ship   
                                                                  (D)                                        (Instr. 4)     (Instr.
                                                                                                                            4)     

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COMMON STOCK                       7/21/97        G    920,069     D                           0                D                 
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COMMON STOCK                       7/21/97        G    920,069     A                        920,069             I      By Trust 
                                                                                                                       (see
                                                                                                                       Explanation
                                                                                                                       of Responses)
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*If the form is filed by more than one Reporting Person, see Instruction 4(b)(v).
                                                                                                                              (Over)

                                                                                                                     SEC 2270 (8/96)
</TABLE>


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<TABLE>
<CAPTION>
 
FORM 5 (CONTINUED)        TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
                                  (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)

<S>                       <C>          <C>        <C>         <C>              <C>             <C>                   <C>          
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1. Title of Derivative    2. Conver-   3. Trans-  4. Trans-   5. Number of     6. Date Exer-   7. Title and Amount   8. Price     
   Security                  sion or      action     action      Derivative       cisable and     of Underlying         of        
   (Instr. 3)                Exercise     Date       Code        Securities Ac-   Expiration      Securities            Deriv-    
                             Price of     (Month/    (Instr. 8)  quired (A) or    Date            (Instr. 3 and 4)      ative     
                             Deriv-       Day/                   Disposed of (D)  (Month/Day/                           Secur-    
                             ative        Year)                  (Instr. 3, 4,    Year)                                 ity       
                             Security                            and 5)                                                 (Instr. 5)
                                                                               -----------------------------------             
                                                                               Date    Expira-            Amount or            
                                                               --------------- Exer-   tion       Title   Number of            
                                                                (A)     (D)    cisable Date               Shares               
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<C>                          <C>                    <C>                         <C>                              
1. Title of Derivative       9. Number of           10. Ownership               11. Nature of                              
   Security                     Derivative              of Derivative               Indirect                     
   (Instr. 3)                   Securities              Security:                   Beneficial                   
                                Beneficially            Direct (D)                  Ownership                    
                                Owned at End            or Indirect (I)             (Instr. 4)                   
                                of Month                (Instr. 4)                                               
                                (Instr. 4)                                                                       
                                                                                 
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Explanation of Responses:
 
     On June 19, 1997, Eric Stanton voluntarily filed a Report on Form 4, indicating that Mr. Stanton had transferred 960,069
shares of Cyrk, Inc. common stock to the Eric Stanton Self-Declaration of Revocable Trust as to which Mr. Stanton is the settlor
and sole trustee and over which Mr. Stanton exercises sole investment control and possesses full revocation rights. In fact, such
transfer was of 920,069 shares of Cyrk, Inc. common stock.


**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.   /s/  Eric Stanton                2/12/98
  See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                                                  ------------------------------- -------
                                                                                             **Signature of Reporting Person   Date
                                                                                               Eric Stanton


Note. File three copies of this Form, one of which must be manually signed.                                               Page 2   
      If space provided is insufficient, see Instruction 6 for procedure.                                         SEC 2270 (9/96)

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the
form displays a currently valid OMB number.

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