HDS NETWORK SYSTEMS INC
4, 1997-06-10
ELECTRONIC COMPUTERS
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<PAGE>
 
 
 
                    U.S. SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

FORM 4                                                      OMB APPROVAL
                                                   -----------------------------
[_] Check this box if no longer                    OMB NUMBER:  3235-0287
    subject to Section 16. Form 4                  Expires:  April 30, 1997
    or Form 5 obligations may                      Estimated average burden
    continue. SEE Instruction 1(b).                hours per response ...... 0.5
                                                   -----------------------------


                 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP



    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




1. Name and Address of Reporting Person

  Dixon                              James                              W.
- --------------------------------------------------------------------------------
  (Last)                             (First)                         (Middle)

  3191 Maple Lane
- --------------------------------------------------------------------------------
                                    (Street)

  Alpharetta                           GA                             30201
- --------------------------------------------------------------------------------
  (City)                             (State)                          (Zip)


- --------------------------------------------------------------------------------
2. Issuer Name and Ticker or Trading Symbol

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


- --------------------------------------------------------------------------------
4. Statement for Month/Year

  May 1997
- --------------------------------------------------------------------------------
5. If Amendment, Date of Original   (Month/Year)


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


             X    Director                         10% Owner
           -----                           ------ 

                  Officer (give                    Other (Specify
           -----           title below)    ------         below)

 
                   ---------------------------------- 

- --------------------------------------------------------------------------------

<TABLE> 
<CAPTION> 
                         Table 1 -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security          2. Trans-   3. Trans-      4. Securities Acquired (A)    5. Amount of    6. Ownership  7. Nature
   (Instr. 3)                    action      action         or Disposed of (D)            Securities      Form:         of Indirect 
                                 Date        Code                                         Beneficially    Direct        Beneficial
                                            (Instr. 8)      (Instr. 3,4 and 5)            Owned at       (D) or         Ownership
                                (Month/   ------------   --------------------------       End of Month    Indirect     (Instr. 4)
                                 Day/      Code    V      Amount   (A) or    Price       (Instr. 3       (I)      
                                 Year)                             (D)                     and 4)        (Instr. 4)
- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 
<S>                           <C>         <C>     <C>    <C>       <C>       <C>        <C>            <C>           <C> 

HDS Common Stock               5/30/97                     200       A        5.50          3700            D
- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 
HDS Common Stock               5/30/97                    3500       A        5.00          3700            D
- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 

- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 

- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 

- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 

- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 

- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 

- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 

- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 

- --------------------------    ----------  ------  ----   --------  ------    ------     -------------- ------------  ------------- 
</TABLE> 

Reminder: Report on a separate line for each class of securities beneficially 
          owned directly or indirectly.

                  (Print or Type Responses)                      
                                                                 

                                                                         (Over)
                                                                SEC 1473 (8-92)

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
 
FORM 4 (continued)   

<TABLE> 
<CAPTION> 

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

1. Title of Derivative Security  2. Conversion    3. Transaction  4. Transacation   5. Number of Derivative      6. Date Exercisable
  (Instr. 3)                        or Exercise      Date            Code              Securities Acquired (A)      and Expiration 
                                    Price of        (Month/Day/      (Instr. 8)        or Disposed of (D)           Date
                                    Derivative       Year)                            (Instr. 3, 4, and 5)         (Month/Day/
                                    Security                                                                        Year)
                                                                  ---------------   --------------------------   -------------------
                                                                    Code      V         (A)        (D)            Date    Expiration
                                                                                                                  Exer-   Date 
                                                                                                                  cisable  
- -------------------------------  --------------   --------------  --------  -----   --------------- ----------   -------- ----------
<S>                              <C>              <C>             <C>       <C>     <C>             <C>          <C>      <C> 

- -------------------------------  --------------   --------------  --------  -----   --------------- ----------   -------- ----------

- -------------------------------  --------------   --------------  --------  -----   --------------- ----------   -------- ----------

- -------------------------------  --------------   --------------  --------  -----   --------------- ----------   -------- ----------

- -------------------------------  --------------   --------------  --------  -----   --------------- ----------   -------- ----------

- -------------------------------  --------------   --------------  --------  -----   --------------- ----------   -------- ----------

- -------------------------------  --------------   --------------  --------  -----   --------------- ----------   -------- ----------

- -------------------------------  --------------   --------------  --------  -----   --------------- ----------   -------- ----------

- -------------------------------  --------------   --------------  --------  -----   --------------- ----------   -------- ----------
</TABLE> 


<TABLE> 
<CAPTION> 
7. Title and Amount of    8. Price of Derivative  9. Number of Derivative     10. Ownership Form           11. Nature of Indirect 
   Underlying Securities     Security (Instr. 5)     Securities Beneficially      of Derivative Security:      Beneficial Ownership 
  (Instr. 3 and 4)                                   Owned at End of Month        Direct (D) or                (Instr. 4) 
                                                     Instr. 4)                    Indirect (I) (Instr. 4)      
- ------------------------  
  Title      Amount or  
             Number of
             Shares
- ------------------------  ----------------------  --------------------------  ---------------------------  ------------------------ 
<S>                       <C>                     <C>                         <C>                          <C> 

- ------------------------  ----------------------  --------------------------  ---------------------------  ------------------------ 

- ------------------------  ----------------------  --------------------------  ---------------------------  ------------------------ 

- ------------------------  ----------------------  --------------------------  ---------------------------  ------------------------ 

- ------------------------  ----------------------  --------------------------  ---------------------------  ------------------------ 

- ------------------------  ----------------------  --------------------------  ---------------------------  ------------------------ 

- ------------------------  ----------------------  --------------------------  ---------------------------  ------------------------ 

- ------------------------  ----------------------  --------------------------  ---------------------------  ------------------------ 

- ------------------------  ----------------------  --------------------------  ---------------------------  ------------------------ 
</TABLE> 
Explanation of Responses:


**Intentional misstatements or omissions of facts constitute Federal Criminal 
  Violations.
  
  See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).



                               /S/ James W. Dixon                    6/3/97
                              _______________________________    ______________
                              **Signature of Reporting Person         Date


Note: File three copies of this Form, one of which must be manually signed. If 
      space provided is insufficient, See Instruction 6 for procedure.


                                                                          Page 2
                                                                 SEC 1474 (8-92)





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