U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                   FORM 10-QSB


               X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
                For the quarterly period ended September 30, 1998

                   TRANSITION REPORT UNDER SECTION 13 OR 15(d)
                 OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE
                  TRANSITION PERIOD FROM ________ TO _________

                         Commission file number 0-24273


                              VOXCOM HOLDINGS, INC.
             (Exact name of registrant as specified in its charter)

         Nevada                                                 75-2715335
(State or other jurisdiction of                             (I.R.S. Employer
incorporation or organization)                               Identification No.)


                     8115 Preston Road, Eighth Floor - East
                               Dallas, Texas 75225
                    (Address of principal executive offices)

                                 (214) 691-0055
                         (Registrant's telephone number)

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       No  X
   -----    -----

Number of shares outstanding of the Registrant's  common stock (par value $.0001
per share) as of September 30, 1998: 6,328,679.


Transitional Small Business Disclosure Format
(Check one)
Yes       No  X
   -----    -----



<PAGE>

                                       

<TABLE>

<CAPTION>
                                        
VOXCOM HOLDINGS, INC.
PART  I.  FINANCIAL INFORMATION
ITEM  I.  FINANCIAL STATEMENTS

CONSOLIDATED BALANCE SHEETS


                                                                              September 30,      June 30,
                               ASSETS                                              1998           1998
                                                                                  ------         ------
<S>                                                                           <C>             <C>

                                                                                (Unaudited)
CURRENT ASSETS
    Cash and cash equivalents                                                 $    412,011    $  1,753,396
    Accounts receivable                                                            570,530         277,856
    Inventories                                                                    798,270         752,467
    Prepaid expenses                                                               270,551         112,039
                                                                              ------------    ------------

                   Total current assets                                          2,051,362       2,895,758

PROPERTY AND EQUIPMENT, AT COST
    Machinery and equipment                                                        700,353         699,937
    Furnishings                                                                    265,238         212,384
                                                                              ------------    ------------
                                                                                   965,591         912,321
       Less accumulated depreciation                                               336,755         284,190
                                                                              ------------    ------------
                                                                                   628,836         628,131

OTHER ASSETS                                                                     1,389,423       1,720,731
                                                                              ------------    ------------

                                                                              $  4,069,621    $  5,244,620
                                                                              ============    ============

      LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
    Current maturities of long-term debt                                      $     43,184    $     37,076
    Accounts payable                                                               460,117         488,353
    Accrued expenses                                                               407,388         441,991
    Net liabilities of discontinued operations                                        --         1,103,442
                                                                              ------------    ------------
                   Total current liabilities                                       910,689       2,070,862

LONG-TERM DEBT                                                                     100,000         418,469

COMMITMENTS AND CONTINGENCIES                                                         --              --

STOCKHOLDERS' EQUITY
    Preferred stock, $.0001 par value; Series A, authorized, 100,000
       shares; issued and outstanding, 80,000 shares                             8,000,000       8,000,000
    Preferred stock, $.0001 par value; Series B convertible, authorized,
       issued and outstanding, 350,000 shares                                    3,500,000       3,500,000
    Common stock, $.0001 par value; authorized, 25,000,000 shares;
       issued and outstanding, 6,328,679 at September 30, 1998 and
       6,085,772 shares at June 30, 1998                                               633             609
    Additional paid-in capital                                                   1,835,917       1,479,691
    Accumulated deficit                                                        (10,065,118)    (10,225,011)
                                                                              ------------    ------------
                                                                                 3,271,432       2,755,289
    Less 200,000 shares of common stock in treasury - at cost                     (212,500)           --
                                                                              ------------    ------------
                                                                                 3,058,932       2,755,289
                                                                              ------------    ------------

                                                                              $  4,069,621    $  5,244,620
                                                                              ============    ============

</TABLE>

                       See notes to financial statements.

                                      -1-


<PAGE>

                                     
<TABLE>

<CAPTION>

                                                     
VOXCOM HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)



                                                                                 Three months ended
                                                                                    September 30,
                                                                                1998          1997
                                                                                ----          ----
<S>                                                                         <C>            <C>


Net sales                                                                   $ 1,938,035    $ 5,210,209
Cost of sales                                                                   917,765        763,594
                                                                            -----------    -----------

           Gross profit                                                       1,020,270      4,446,615

Selling, general and administrative expenses                                  1,930,302      2,898,050
                                                                            -----------    -----------

           Operating profit (loss)                                             (910,032)     1,548,565

Interest expense                                                                 47,972        139,702
                                                                            -----------    -----------

           Earnings (loss) from continuing operations before income taxes      (958,004)     1,408,863

Income tax expense                                                                 --          536,701
                                                                            -----------    -----------

           Earnings (loss) from continuing operations                          (958,004)       872,162

Loss from discontinued operations                                              (739,652)          --
Gain on disposal of discontinued business                                     1,905,494           --
                                                                            -----------    -----------

           Net earnings                                                     $   207,838    $   872,162
                                                                            ===========    ===========

Earnings (loss) per share - basic and diluted - from
    continuing operations                                                        $ (.15)         $ .17

Earnings from discontinued operations                                            $  .18          $  --
                                                                                 ------          -----

Earnings per share - basic and diluted                                           $  .03          $ .17
                                                                                 ======          =====

Weighted average shares outstanding                                           6,194,462      4,999,937
                                                                            ===========    ===========

</TABLE>


                       See notes to financial statements.

                                      -2-

<PAGE>

<TABLE>

<CAPTION>

                                                                              
VOXCOM HOLDINGS, INC.

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (UNAUDITED)

THREE MONTHS ENDED SEPTEMBER 30, 1998

                                                                         Series A                   Series B         
                                              Common stock            Preferred stock           Preferred stock      
                                       -----------------------   ------------------------   -----------------------
                                         Shares         Amount    Shares           Amount    Shares         Amount   
                                        --------        ------   --------          ------   --------       --------  
<S>                                    <C>              <C>        <C>         <C>           <C>         <C>


Balances at June 30, 1998             6,085,772          $ 609     80,000      $8,000,000    350,000     $3,500,000  

Issuance of common stock                 50,000              5          -               -          -              -  

Conversion of debentures                192,907             19          -               -          -              -  

Dividends accrued on Series B
  preferred stock                             -              -          -               -          -              -  

Acquisition of 200,000 shares of
  common stock for the treasury               -              -          -               -          -              -  

Net earnings                                  -              -          -               -          -              -  
                                      ---------           ----     ------       ---------    -------      ---------  

Balances at September 30, 1998        6,328,679          $ 633     80,000      $8,000,000    350,000     $3,500,000  
                                      =========           ====     ======       =========    =======      =========  

</TABLE>
                            
                                       Additional          
                                         paid-in      Accumulated    Treasury  
                                         capital         deficit      Stock    
                                       ----------     -----------    --------  
                                                                               
Balances at June 30, 1998             $ 1,479,691    $(10,225,011)  $       -  
                                                                              
Issuance of common stock                   56,245               -           -  
                                                                              
Conversion of debentures                  299,981               -           -  
                                                                               
Dividends accrued on Series B                                                  
  preferred stock                               -         (47,945)          -  
                                                                               
Acquisition of 200,000 shares of                                               
  common stock for the treasury                 -               -     212,500  
                                                                               
Net earnings                                    -         207,838           -  
                                       ----------     -----------    --------  
                                                                               
Balances at September 30, 1998        $ 1,835,917    $(10,065,118)  $ 212,500 
                                       ==========     ===========    ========  
                                                                               
                                      
                       See notes to financial statements.
                                      -3-

<PAGE>

<TABLE>

<CAPTION>

VOXCOM HOLDINGS, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

                                                                              Three months ended
                                                                                 September 30,
                                                                             1998            1997
                                                                            ------          ------
<S>                                                                       <C>            <C>
Cash flows from operating activities
    Net earnings                                                          $   207,838    $   872,162
    Gain from discontinued operations                                      (1,165,842)          --
    Adjustments to reconcile  net earnings to net cash
      provided by (used in) by
       operating activities:
          Depreciation and amortization                                       267,179         50,557
          Stock issued for services                                              --           25,000
          Change in operating assets and liabilities:
              Prepaid expenses                                               (135,568)          (744)
              Accounts receivable                                            (292,674)      (195,133)
              Inventories                                                     (45,803)        67,051
              Other assets                                                       --         (226,805)
              Accounts payable and accrued expenses                          (110,884)       582,458
                                                                          -----------    -----------

                 Net cash provided by (used in) continuing operating       (1,275,754)     1,174,546

Cash flows from investing activities
    Purchase of property and equipment                                        (53,270)      (121,353)

Cash flows from financing activities
    Payments on notes payable to stockholders                                    --       (1,260,298)
    Payments on long-term debt                                                (12,361)          --
                                                                          -----------    -----------

                 Net cash (used in) financing activities                      (12,361)    (1,260,298)
                                                                          -----------    -----------

Net (decrease) in cash                                                     (1,341,385)      (207,105)

Cash and cash equivalents at beginning of period                            1,753,396        375,687
                                                                          -----------    -----------

Cash and cash equivalents at end of period                                $   412,011    $   168,582
                                                                          ===========    ===========



Noncash financing activities:

    Issuance of common stock for services and noncompetition agreements   $    56,250    $   575,000
                                                                          ===========    ===========

    Conversion of convertible debentures                                  $   300,000    $      --
                                                                          ===========    ===========


</TABLE>


                       See notes to financial statements.
                                      -4-

<PAGE>


VOXCOM HOLDINGS, INC.

NOTES TO FINANCIAL STATEMENTS


NOTE A - BASIS OF PRESENTATION

     The  accompanying  unaudited  consolidated  financial  statements have been
     prepared in accordance with generally  accepted  accounting  principles for
     interim  financial  information  and with the  instructions to Form 10-QSB.
     These financial statements have not been examined by independent  certified
     public  accountants,  but in the  opinion of  management,  all  adjustments
     (consisting of normal recurring  accruals and adjustments)  necessary for a
     fair presentation of consolidated results of operations, financial position
     and cash  flows at the  dates  and for the  periods  indicated,  have  been
     included.

     These  financial  statements  do not  include  all of the  information  and
     footnotes required by generally accepted accounting principles for complete
     financial  statements.  Operating results for the three-month  period ended
     September 30, 1998 are not  necessarily  indicative of the results that may
     be expected  for the year ended June 30,  1999.  For  further  information,
     refer to the  consolidated  financial  statements and notes thereto for the
     fiscal year ended June 30, 1998 included in the Company's Amendment No. One
     to Form SB-2,  as filed with the  Securities  and  Exchange  Commission  on
     October 8, 1998.

     These financial  statements  include the accounts of Voxcom Holdings,  Inc.
     (Holdings)  and  its   subsidiaries,   Voxcom  Systems,   Inc.   (Systems),
     AmeraPress,  Inc.  (AmeraPress),  and MAXpc  Technologies,  Inc.,  (MAXpc),
     collectively, "the Company."

     Holdings, formerly Newcorp One, Inc., was incorporated in 1996. On June 17,
     1997,  Holdings,  which  had no  operations  and no  significant  assets or
     liabilities,  issued  4,000,000 shares of its common stock (equal to 80% of
     its then  outstanding  shares) for all of the outstanding  capital stock of
     Systems.

     Since the stockholders of Systems owned 80% of the common stock of Holdings
     after  the  sale  of  Systems,  Systems  is  deemed  to  be  the  acquiring
     corporation   for   accounting   purposes.   Concurrent   with  the   above
     transactions,  Holdings  acquired  all of the  outstanding  common stock of
     AmeraPress in exchange for a $10,000,000 note,  payable in 24 equal monthly
     installments. AmeraPress was incorporated on June 19, 1997 and succeeded to
     the business of Voxcom Sales, L.L.C. (Voxcom Sales).

     Voxcom  Sales and  Systems  were under  common  control.  Accordingly,  the
     financial  statements  include the accounts on a  historical  cost basis of
     Systems  and  Voxcom  Sales/AmeraPress  for  all  periods  presented.   The
     $10,000,000  note given in the  acquisition of AmeraPress has been deemed a
     distribution to the shareholders of AmeraPress for accounting  purposes and
     resulted in a charge to stockholders' equity of a like amount.

     MAXpc, a wholly-owned subsidiary, was acquired on April 13, 1998.

     The financial statements include the operations of Systems,  AmeraPress and
     Holdings  for all  periods  presented,  and  MAXpc  for the  quarter  ended
     September 30, 1998.


                                      -5-

<PAGE>


VOXCOM HOLDINGS, INC.        
                             
NOTES TO FINANCIAL STATEMENTS

 NOTE B - BUSINESS

     AmeraPress sells printing services to home-based  business seminar sponsors
     and  multi-level  marketing  companies and produces  laminated,  customized
     sports, trading, and greeting cards sold by those businesses. Systems sells
     and provides  services related to credit card processing and  authorization
     systems for merchants. MAXpc assembles,  through contractors, and markets a
     high-performance,  multi-media  add-in card  providing  both  hardware  and
     software for inclusion in either new or existing computers.

NOTE C - ACQUISITION OF BUSINESSES

     Effective  October 1, 1997,  the Company formed Home Business Group Inc. to
     acquire  certain assets and assume the  liabilities of a company engaged in
     the business of home-based business seminars for no consideration.  A major
     stockholder  and  officer of the  acquired  business is a  stockholder  and
     officer of the Company. The acquisition was accounted for as a purchase.

     On  September  30,  1998,  the  Company  sold  the  stock  of HBG to  HBG's
     management  in  exchange  for the  cancellation  of  200,000  shares of the
     Company's common stock previously owned by such management.

     The accompanying financial statements reflect the results of operations and
     net liabilities of HBG as a discontinued operation.

     On April 13, 1998, the Company  acquired all of the issued and  outstanding
     shares of MAXpc  Technologies,  Inc. The acquisition was accounted for as a
     purchase and the financial  statements for the quarter ended  September 30,
     1998 include the operations MAXpc.

     MAXpc had no operations, assets, or liabilities prior to its acquisition by
     the Company.


NOTE D - OTHER ASSETS

    Other assets consist of the following:

                                                       Sept 30,       June 30,
                                                        1998           1998
                                                      ---------      ---------

          Deposits                                    $ 478,389      $ 495,073
          Noncompetition agreements                     174,055        362,180
          Purchased technology                          498,952        517,702
          Consulting agreements                         217,715        252,083
          Other                                          20,312         93,693
                                                      ---------       --------

                                                     $1,389,423     $1,720,731
                                                      =========      =========

Purchased technology arose out of the acquisition of MAXpc on April 13, 1998.


                                      -6-


<PAGE>


VOXCOM HOLDINGS, INC.

ITEM 2.  Management's discussion and analysis.

Results of Operations

Net Sales

Net sales  decreased to $1,938,035 for the three months ended September 30, 1998
from  $5,210,209  for the three months ended  September  30, 1997, a decrease of
63%.  This  decrease is  primarily  attributable  to a slow-down in sales and an
increase in refunds  granted  after the Federal Trade  Commission  (FTC) filed a
lawsuit in February 1998,  alleging  violations of the Federal Trade  Commission
Act in connection with the Company's  business of marketing sales  opportunities
for home based  businesses.  In April 1998,  the Company and the FTC agreed to a
compromise  and settlement of the case in which the Company did not admit to any
violation of any law,  statute,  rule or regulation or to the  commission of any
wrongful act. 

Net sales for the Company's  second quarter are anticipated to be  significantly
lower due to a.) the disposal of Home Business  Group,  Inc., b.) the transition
of  AmeraPress  from a retail sales  organization  to a  wholesaler  and c.) the
marketing of the MAXpc product being in its  development  stage.  It is expected
that a net loss will be  reported  for the  second  quarter.  However,  contract
negotiations  for both  AmeraPress  and MAXpc are in  advanced  stages,  and are
expected to generate net sales and net earnings thereafter.

Cost of Sales

Cost of sales  increased to $917,765 for the three  months ended  September  30,
1998 from $763,594 for the three months ended September 30, 1997, an increase of
20%. This increase is primarily due to a.) higher printing and paper costs,  b.)
a shift in sales mix to a higher  percentage  of sales with lower gross  margins
and c.) the  write-off  of certain  inventory  which  became  obsolete  with the
expiration of a contract to print brand-name trading cards.

Gross Profit

Gross profit  decreased to $1,020,270  for the three months ended  September 30,
1998 from  $4,446,615 for the three months ended  September 30, 1997, a decrease
of 77%. This  decrease is primarily  attributable  to the lower sales  described
above.

Selling, General and Administrative Expenses

Selling,  general and  administrative  expenses  decreased to $1,930,302 for the
three months ended September 30, 1998 from $2,898,050 for the three months ended
September  30,  1997,  a decrease  of 33%.  This  decrease is due to the reduced
labor, commissions and overhead necessary for the reduced level of sales.

Interest Expense

Interest  expense of $47,972 for the three months ended  September  30, 1998 was
incurred  primarily  on the  convertible  debentures.  The  interest  expense of
$139,702 for the three months ended  September  30, 1997 was incurred on debt to
the Company's  shareholders  who sold  AmeraPress to the Company.  This debt has
been converted to Series A Preferred Stock, and no further interest is payable.

Income Taxes

Income  taxes of  $536,701  was  accrued  at  September  30,  1997  based on the
Company's  income.  For the quarter  ended  September  30,  1998,  no income tax
benefit has been accrued,  as all deferred tax assets arising from the Company's
previous operating losses have been fully reserved.

Discontinued Operations

On September 30, 1998, the Company sold the stock of a wholly owned  subsidiary,
HBG, to HBG's  management in exchange for the  cancellation of 200,000 shares of
the Company's common stock previously owned by such management. The accompanying
financial  statements  reflect the results of operations and net  liabilities of
HBG as a discontinued operation.

                                      -7-

<PAGE>



VOXCOM HOLDINGS, INC.

Management's discussion and analysis - continued

Liquidity and Capital Resources

The Company had a net decrease in cash and cash equivalents for the three months
ended September 30, 1998 of approximately $1,341,000. Net cash used in operating
activities for the period was approximately $1,276,000,  primarily consisting of
the cash operating loss for the period of approximately  $691,000 plus increases
in prepaid  expenses,  receivables  and  inventories  and a decrease in accounts
payable and accrued  expenses.  Cash used in investing  activities  consisted of
approximately  $53,000  in  purchases  of  property  and  equipment.   Financing
activities used approximately $12,000 for payments on debt.

The  Company  believes  that funds  generated  from  sales,  the  collection  of
receivables  and  financing  of  receivables  and  inventories,  to  the  extent
available,  plus current amounts of cash and cash equivalents will be sufficient
to meet its presently anticipated needs for working capital.

Forward Looking Statements

This  document  includes  statements  which  may  constitute   "forward-looking"
statements,  usually  containing  the words  "believe",  "estimate",  "project",
"expect" or similar expressions.  These statements are made pursuant to the safe
harbor  provisions  of the  Private  Securities  Litigation  Reform Act of 1995.
Forward-looking statements inherently involve risks and uncertainties that could
cause actual results to differ materially from the  forward-looking  statements.
Factors that would cause or contribute to such differences  include, but are not
limited to, continued  acceptance of the Company's  products in the marketplace,
competitive  factors,  changes  in  regulatory  environments,  and  other  risks
detailed in the  Company's  periodic  report  filings  with the  Securities  and
Exchange Commission.  By making these  forward-looking  statements,  the Company
undertakes  no obligation  to update these  statements  for revisions or changes
after the date of this filing.











                                      -8-

<PAGE>





VOXCOM HOLDINGS, INC.

PART II.  OTHER INFORMATION

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K

       (a)   Exhibits

             None

       (b)   Reports on Form 8-K

A report on Form 8-K was filed on October  20, 1998  concerning  the sale of The
Home Business Group, Inc. to members of its management.





                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                       Voxcom Holdings, Inc.
                                           (Registrant)

Date:  November 16, 1998


                                       /s/ Donald G. McLellan
                                      ----------------------------------------
                                      Donald G. McLellan, President

                                      /s/ Leslie D. Crone
                                      ----------------------------------------
                                      Leslie D. Crone, Chief Financial Officer