FORM 10-QSB
                                      
                                      
                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549
                                      
                                      
                 Quarterly Report Under Section 13 or 15(d)
                   of the Securities Exchange Act of 1934



For Quarter Ended:                   September 30, 1997

Commission File Number:  0-15754


                CREATIVE TECHNOLOGIES CORP.
   (Exact name of registrant as specified in its charter)

     NEW YORK                              11-2721083
(State or other jurisdiction of(IRS Employer Identification Number)
incorporation of organization)

            170 53rd Street, Brooklyn, New York          11232
   (Address of principal executive offices)    (Zip Code)

                       (718) 492-8400
    (Registrant's telephone number, including area code)

(Former name, former address and former fiscal year, if changed since last
report)


Indicate  by  check  mark whether the registrant (1) has  filed  all  reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934  during  the  preceding 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  X                         NO

Indicate the number of shares outstanding of each of the issuer's classes  of
Common Stock, as of the latest practicable date.

Common Stock, Par Value $.09
2,997,444
(Title                    of                   each                    class)
(Outstanding at September 30, 1997)

                                      
                         CREATIVE TECHNOLOGIES CORP.
                                      
                                    INDEX


PART I  -  FINANCIAL INFORMATION                                  PAGE

Item 1.                     Condensed Financial Statements
       (Unaudited)

  Balance Sheet as at September 30, 1997                             3

  Statements of Operations
       for the Three Months and Nine Months ended
       September 30, 1997 and September 30, 1996                     4

  Statement of Stockholders' (Deficit)
       for the Nine Months ended September 30, 1997                  5

  Statements of Cash Flows
       for the Nine Months ended
       September 30, 1997 and September 30, 1996                     6

  Notes to Condensed Financial Statements                         7-10

Item 2.            Management's Discussion and Analysis of
       Financial Condition and Results of Operations             11-13


PART II - OTHER INFORMATION

Item   4.Submission   of   Matters   to  a   Vote   of   Securities   Holders
14

Item 6.                               Exhibits and Reports on Form 8-K     14

  Signatures                                                        15

  Exhibit 27

       Financial Data Schedule                                      16
<TABLE>
                         CREATIVE TECHNOLOGIES CORP.
                           CONDENSED BALANCE SHEET
                          AS AT SEPTEMBER 30, 1997
                                 (Unaudited)
<CAPTION>
                         Assets
<S>
<C>
Current assets:
  Cash                                                   $      34,000
                            Accounts                           receivable-net
1,269,000
  Inventories                                                1,680,000
           Prepaid         expenses         and         other          assets
143,000

                          Total                 Current                Assets
3,126,000
Fixed assets - at cost (less accumulated depreciation
             and            amortization            of            $1,289,000)
188,000
Intangible                  and                 other                  assets
___6,000


          Total                                           $  3,320,000

                         Liabilities
Current liabilities:
  Note payable - Century Business Credit Corp.         $       483,000
  Notes payable                                              3,888,000
  Accounts payable and accrued expenses                      3,799,000
                    Customer                  claims                  payable
388,000
  Note payable - Fleet Capital Corporation                     200,000

          Total Current Liabilities                          8,758,000

                         Stockholders' (Deficit)
Preferred stock - $.01 par value;  5,000,000 shares authorized
  Preferred stock- 1996- (12% cumulative)
          10,000 shares designated;  issued and outstanding 600 shares
          at redemption value of $1,000 per share              600,000
  Preferred stock- 1996-A- (12% cumulative)
  10,000 shares designated;  issued and outstanding 1,170 shares
  at redemption value of $1,000 per share                    1,170,000
Common stock - $.09 par value; authorized
     20,000,000 shares; issued and outstanding
     2,997,000 shares                                          270,000
Additional             paid             -             in              capital
9,058,000
Deficit                                                   (16,536,000)

          Total Stockholders' (Deficit)                    (5,438,000)

          Total                                             $3,320,000
                See notes to condensed financial statements.
</TABLE>
<TABLE>
                         CREATIVE TECHNOLOGIES CORP.
                     CONDENSED STATEMENTS OF OPERATIONS
                                 (Unaudited)
<CAPTION>

                                    Three Months Ended   Nine Months Ended
                                      September 30, September 30,

1997                                1996         19971996
<S>                                                                       <C>
<C>                 <C>              <C>
Net Sales                      $2,001,000  $1,227,000$6,422,000$3,998,000

Cost of Sales                   1,470,000     784,000 4,355,0002,235,000

Gross Profit                      531,000     443,000 2,067,0001,763,000

Operating Expenses:
  Selling, general and administrative expenses541,000   972,0001,728,000
2,880,000
  Warehousing expense             220,000     302,000   729,000  937,000
  Restructuring Costs             442,000           0   442,000        0
  Interest expense                331,000     133,000   611,000  563,000

                                1,534,000   1,407,000 3,510,0004,380,000

Loss before provision for income taxes and
   extraordinary item         (1,003,000)   (964,000)(1,443,000)(2,617,000)

(Benefit) provision for income taxes
      Current                           0      36,000  (22,000)   36,000
      Deferred       _______0                0            0      400,000

Loss before extraordinary item (1,003,000)(1,000,000)(1,421,000)(3,053,000)

Extraordinary item
  Gain-debt settlement                0             0      ________01,550,000

Net Loss
$(1,003,000)           $(1,000,000)    $(1,421,000)    $(1,503,000)

Loss attributable to
  common shareholders        $(1,057,000)$(1,025,000)      $(1,581,000)
$(1,534,000)

Loss before extraordinary item per common share  $        (.39)            $
(.39)       $         (.59)    $     (1.19)

Extraordinary item per common share
$            0                               $         .60

Fully diluted extraordinary item per common share
$             0                     $          .60

Primary loss per common share                                $         (.39)
$        (.39)        $       (.59)   $       (.59)


                              See notes to condensed financial statements.
</TABLE>
<TABLE>
                         CREATIVE TECHNOLOGIES CORP.
                 CONDENSED STATEMENT OF STOCKHOLDERS' EQUITY
                 FOR THE NINE MONTHS ENDED SEPTEMBER 30,1997
                                 (Unaudited)
<CAPTION>


                    Preferred Stock        Common Stock

Additional
                  Number of           Number of        Par           Paid-in
                    Shares    Value     Shares  Value   Capital    Deficit

<S>            <C>          <C>                   <C>            <C>
<C>                     <C>
1996 Preferred Stock       600  $600,000

1996 - A Preferred Stock1,1701,170,000

Balance December 31, 1996      1,770         $1,770,000       2,611,000
$235,000        $8,900,000    $(15,115,000)

Common Stock Issued                 386,000               35,000
158,000

Net loss                                                          (1,421,000)

                                                 _____        _________
________       ________        _________    ___________
Balance September 30, 1997    1,770         $1,770,000         2,997,000
$270,000        $9,058,000    $(16,536,000)























                See notes to condensed financial statements.
</TABLE>
<TABLE>
                         CREATIVE TECHNOLOGIES CORP.
                     CONDENSED STATEMENTS OF CASH FLOWS
                                 (Unaudited)
<CAPTION>
                                                     Nine Months Ended
                                                       September 30,
                                                     1997        1996
<S>                                                                       <C>
<C>
Net cash (used in)  provided by operating activities  $(584,000)$117,000

Cash flows from investing activities:
  Acquisition of fixed assets       (12,000)        (97,000)

Cash flows from financing activities:
  Net proceeds from credit facility                     441,000             0
  Net repayment of credit facility                 0          (2,658,000)
  Proceeds from notes payable                        560,000  2,858,000
  Repayment of notes payable                       (471,000) (2,054,000)
  Proceeds from sale of common stock                           0
50,000
  Proceeds from sale of preferred stock                    0
1,050,000
Net cash provided by (used in) financing activities  530,000    (754,000)

Net decrease in cash                                (66,000) (734,000)

Cash at beginning end of period                      100,000        771,000

Cash at end of period                          $      34,000$      37,000


Supplemental disclosures of cash flow information

  Interest paid                                     $273,000     $ 603,000

    Taxes   paid                                                            0
0

The  Company  issued 386,000 shares of common stock for $193,000  of  accrued
expenses during August 1997.

The  Company issued 720 shares of the 1996-A preferred stock for $720,000  of
debt.



                See notes to condensed financial statements.
</TABLE>
                         CREATIVE TECHNOLOGIES CORP.
                   NOTES TO CONDENSED FINANCIAL STATEMENTS
                                 (Unaudited)

Note A -  Basis of Presentation

The  accompanying unaudited condensed financial statements have been prepared
in  accordance  with  generally accepted accounting  principles  for  interim
financial information and with the instructions to Form 10-QSB and Rule 10-01
of  Regulation  S-X.  Accordingly they do not include all of the  information
and  footnotes  required  by  generally accepted  accounting  principles  for
complete financial statements.  In the opinion of management, all adjustments
(consisting  of normal recurring accruals) considered necessary  for  a  fair
presentation  have been included.  Operating results for the three  and  nine
month periods ended September 30, 1997 are not necessarily indicative of  the
results  that  may be expected for the year ending December  31,  1997.   For
further  information, refer to the financial statements and footnotes thereto
included  in  the Company's annual report on Form 10-KSB for the  year  ended
December 31, 1996.

Note B -  Inventories

Inventories consist of finished goods stated at the lower of cost  or  market
using the first - in, first out method.

Note C -  Notes Payable and Related Party Transaction

   1.       In December 1996 the Company and Companies owned by the Company's
principal  stockholders entered into a two-year loan and  security  agreement
with  a  lender  whereby the Company and the related party  are  required  to
maintain  an  outstanding combined loan balance of not less than  $1,500,000,
but no more than $3,000,000.  The loan is collateralized by substantially all
of  the  assets of the Company and is guaranteed by the Company, the  related
party  and  an officer of the Company.  Under the agreement, the Company  and
the  related  party  receive  revolving credit  advances  based  on  accounts
receivable and inventory available and are required to pay interest at a rate
of prime plus 2.75% plus all of the lenders out-of-pocket costs and expenses.
The agreement, among other matters, restricts the Company with respect to (i)
incurring any lien or encumbrance on its property or assets,  (ii)   entering
into  new  indebtedness (iii)  incurring capital expenditures in  any  fiscal
year  in  an  amount  in excess of $100,000 and requires an  officer  of  the
Company to maintain certain ownership percentages.

At  September  30,  1997,  the Company had $483,000  outstanding  under  this
facility.

   2.       At  September 30, 1997 the Company had outstanding notes  payable
totaling  $3,888,000.   Of this amount, $2,963,000  bears  interest  at  12%,
$750,000  bears  interest  at  18% and $175,000  is  currently  non  interest
bearing.  These notes are all due on demand and include $1,000,000 due to  an
entity  whose  principal  is  a  director  of  the  Company.   The  remaining
$2,888,000  is  payable  to various individuals, the majority  of  whom,  are
stockholders  of the Company.  These notes payable are personally  guaranteed
by  certain stockholders of the Company and are secured by substantially  all
the  assets  of  the Company subject to the security interest of  the  lender
described in the previous paragraph.



                                      
                         CREATIVE TECHNOLOGIES CORP.
                   NOTES TO CONDENSED FINANCIAL STATEMENTS
                                 (Unaudited)



Note D -  Note Payable - Fleet Capital Corporation

In  March of 1996, the Company entered into an agreement with its former bank
to  pay  off its indebtedness and release both the Company and the bank  from
any future obligations.  The Company borrowed additional funds to pay off the
indebtedness.   The resulting settlement, which occurred in  March  1996,  is
summarized as follows:

          Loan balance subject to settlement $3,583,000
          Paid by the Company               (1,500,000)
          Note payable - non-interest bearing issued by
               the company due not later than March 11, 1998     (200,000)
          Debt assumed by a stockholder of the Company
                           during March 1996 in exchange for 111,000
                           shares of common stock(333,000)

          Gain on debt settlement            $1,550,000

NOTE E -  Preferred Stock:

     [1]  1996 Preferred Stock:

In June 1996 the Board of Directors designated 10,000 shares of preferred
stock as "1996 Preferred Stock" valued at $1,000 per share.  The holders of
1996 Preferred Stock are entitled to:
            
          (i)      receive cumulative dividends at the rate of $120 per annum
          payable quarterly in cash or      common stock at the option of the
          Company,
          
          (ii)  convert each share of preferred stock into approximately 333
                shares of common stock subject to adjustment, as defined,

          (iii) redemption of their preferred shares on June 1, 1998 at
                $1,000 per share payable in cash or shares of common stock
                at the option of the Company,

           (iv) liquidation preferences of $1,000 per preferred share and

            (v) no voting rights.

The Company, at its option, has the right to redeem all or any portion of the
1996 Preferred Stock at $1,100 per share plus accrued and unpaid dividends
prior to June 1, 1998.

Cumulative undeclared 1996 preferred stock dividends aggregated $96,000 at
September 30, 1997.
                         CREATIVE TECHNOLOGIES CORP.
                   NOTES TO CONDENSED FINANCIAL STATEMENTS
                                 (Unaudited)

     [2]  1996 - A Preferred Stock:

          On September 30, 1996 the Board of Directors designated  10,000
shares of preferred stock as "1996 - A Preferred Stock" valued at $1,000 per
share.  The holders of 1996 - A Preferred Stock are entitled to:

            (i) receive cumulative dividends at the rate of $120 per annum
                payable quarterly in cash or common stock at the option of
                the Company,

           (ii) convert each share of preferred stock into approximately
                1,600 shares of common stock subject to adjustment, as
                defined,

          (iii) redemption of their preferred shares on October 1, 1998 at
$1,000 per share payable in                  cash or shares of common stock
at the option of the Company,
           (iv) liquidation preferences of $1,000 per preferred share and

            (v) no voting rights.

The Company, at its option, has the right to redeem all or any portion of the
1996 - A Preferred Stock at $1,100 per share plus accrued and unpaid
dividends prior to October 1, 1998.

Cumulative undeclared 1996-A preferred stock dividends aggregated $148,000 at
September 30, 1997.

Note F -  Common Stock

On September 4, 1996 the Board of Directors approved a three for one reverse
stock split effective September 5, 1996.  All references in these financial
statements to numbers of common shares, and earnings per share amounts have
been restated to give retroactive effect to the reverse stock split.

Note G -  Restructuring Costs

During  1997 the Company announced its intention to stop selling its electric
goods domestically and has sharply reduced the export of these products.   As
a  result of these transactions the Company incurred restructuring charges of
approximately  $442,000 representing the write - off of molds and  facilities
used in the manufacturing of its electric household appliances.

Note H -  Income Taxes

The  Company's  net  operating loss carryforwards for  income  tax  reporting
purposes  aggregated  approximately $14,324,000 as  of   December  31,  1996.
$178,000  expires  in  year 2007, $7,017,000 expires in  year  2010  and  the
remaining balance of $7,129,000 expires in year 2011.


                         CREATIVE TECHNOLOGIES CORP.
                   NOTES TO CONDENSED FINANCIAL STATEMENTS
                                 (Unaudited)

Note I -  Product Liability and Litigation

The Company has received notice that several consumers claim to have suffered
finger  injuries  while using one of the Company's appliance  products.   The
claims are covered by the Company's product liability insurance carrier.  The
Company  redesigned  the  appliance in August 1992,  and  believes  that  the
modification  made  should  minimize the possibility  of  such  injury.   The
Consumer  Product  Safety  Commission (the "CPSC")  has  made  a  preliminary
determination that the Company's appliance product represents a  "substantial
product hazard" as that term is defined in the Consumer Product Safety Act.

The Company proposed and the CPSC accepted a voluntary corrective action plan
to be implemented during 1997, whereby the Company would replace certain
parts of the appliances manufactured prior to August 1992.  Management has
estimated that the costs of implementing this plan will be approximately
$50,000 and the Company accordingly continues to maintain a reserve for this
amount as of September 30, 1997.

The Company believes that the ultimate resolution of these matters will not
have a material effect on its financial condition.

Note J -  Subsequent Event

During October 1997, Ace Surgical Supply Co., Inc., Consolidated Disposables
Inc. and Universal Medical Products Inc., entities owned by principal
shareholders of the Company were merged with and into a newly created wholly
owned subsidiary of the Company.  See Form 8-K filed by the Company on
October 27, 1997 containing the terms of the merger.  The condensed financial
statements contained in this Form 10-QSB do not reflect this merger.
                                      
                                      
                                      

 Item 2.  Management's Discussion and Analysis of Financial
                     Condition and Results of Operations

Liquidity and Capital Resources
           
           Creative  Technologies Corp. (the "Company"), through  its  wholly
owned  subsidiary  IHW,  Inc.,  is the distributor  of  certain  non-electric
houseware  products  for two European manufacturers.  In  addition,  Creative
sells electric motor-driven pasta machines under the name "Pasta Express" and
"Takka  Pasta  and Dough Machine" and a food griller under  the  name  "Grill
Express".   The  Company has announced its intention to  stop  selling  pasta
machines and grills domestically.  IHW, Inc. is the exclusive distributor  of
Brabantia  International (Brabantia) products in North  America.   Brabantia,
headquartered  in the Netherlands, is a leading manufacturer of  top  of  the
line non-electric  houseware products in Europe.  Its products are sold in 68
countries  throughout the world.   In addition, IHW, Inc.  is  the  exclusive
distributor  in the United States and Canada of bathroom scales, manufactured
by  Soehnle-Waagen  GmbH  & Co., headquartered in  Murrhardt,  Germany.   The
Company  would  consider  becoming a distributor of other  products  that  it
believes would complement  the products that they are currently selling.  The
Company has not identified any other products at this time.

For  the  nine month period ended September 30, 1997, cash used in  operating
activities was $584,000, $12,000 was used in investing activities and cash of
$530,000 was provided by financing activities.  As a result, at September 30,
1997  cash  decreased by $66,000 to $34,000 compared to $100,000 at  December
31,  1996.   The  Company  had a negative working capital  of  $5,632,000  at
September 30, 1997.

Accounts  payable and accrued expenses increased to $3,799,000  at  September
30,  1997  from $2,810,000 at December 31, 1996 primarily due to  the  losses
sustained  during  the nine month period, a build up of  inventory  for  sale
during  the fourth quarter of 1997 and reduced collections because of  modest
sales during the second and a portion of the third quarter.  Collections were
further  reduced because customer advances of $300,000 at December  31,  1996
were fully shipped by September 30, 1997.

At  September  30,  1997 the Company had outstanding notes  payable  totaling
$3,888,000.  Of this amount, $2,963,000 bears interest at 12%, $750,000 bears
interest at 18% and $175,000 is currently non interest bearing.  These  notes
are all due on demand and include $1,000,000 due to an entity whose principal
is a director of the Company.  The remaining $2,888,000 is payable to various
individuals,  the majority of whom, are stockholders of the  Company.   These
notes  payable  are  personally guaranteed by  certain  stockholders  of  the
Company  and  are  secured by substantially all the  assets  of  the  Company
subject to the security interest of Century Business Credit Corporation.

During  the  first  nine  months of 1997 the Company borrowed  $560,000  from
various  individuals and an entity who are either related  or  known  to  the
principal  shareholders  of  the  Company  and  repaid  $471,000  to  various
individuals and entities described above.  In addition the Company  increased
its borrowings under its credit facility by $441,000.






In  1996 the Company amended its Certificate of Incorporation to designate  a
new  class of 10,000 shares of 1996 preferred stock $.01 par value and a  new
class  of  10,000  shares  of 1996-A preferred stock  $.01  par  value,  from
5,000,000 shares of preferred stock previously authorized.  During June 1996,
the  Company  issued 600 shares of the 1996 preferred stock for  $600,000  of
debt  owed  to David Guttmann and related entities.  During September   1996,
the  Company issued 720 shares of the 1996-A preferred stock for $720,000  of
debt  owed  to  a  company owned by David Guttmann and  Barry  Septimus,  the
husband of a principal stockholder of the Company and sold 450 shares of  the
1996-A  preferred  stock for $450,000 to various Common stockholders  of  the
Company  including David Guttmann and Barry Septimus' wife.   Each  share  of
1996  and 1996-A preferred stock is subject to mandatory redemption two years
from  the date of issuance at $1,000 per share plus unpaid dividends  payable
in  cash,  common  stock or any combination thereof  at  the  option  of  the
Company.  At any time prior to redemption,  the preferred stockholders can at
their  option  convert their 1996 preferred stock into 333 shares  of  common
stock  and  their 1996-A preferred stock into approximately 1,600  shares  of
common  stock  for each share of preferred stock held.  The 1996  and  1996-A
preferred stock are each entitled to a cumulative dividend of $120 per  share
per annum and shall be payable in quarterly installments on the first day  of
January,  April, July and October commencing January 1, 1997.   At  September
30,  1997  $244,000  of   preferred  stock  dividends  were  in  arrears  and
undeclared.

On  December  20, 1996, the Company obtained a two year credit facility  from
Century  Business Credit Corporation (Century) in the total amount of  up  to
$500,000.  Loans on the revolving credit facility are available up to (i) the
lesser of $200,000 or 40% of the Company's eligible inventory (as defined  in
the  Agreement),  plus (ii) the lesser of $300,000 or  40%  of  the  eligible
accounts receivables (as defined in the Agreement).

The  Company pays interest at the greater of 9% or the prime rate plus 2.75%.
The  Company also pays a minimum loan fee in the event that the closing daily
unpaid  balance is less than a certain amount.  The Company paid  a  facility
fee  to  obtain  the  line  of credit and pays certain  administrative  fees.
Century obtained a security interest in all the assets of the Company.

David  Guttmann  and Ace Surgical Supply Co., Inc., Consolidated  Disposables
Inc.  and Universal Medical Products Inc., entities that David Guttmann is  a
principal  of,  guaranteed the obligations of the Company to Century  and  in
return, the Company guaranteed the obligations of Ace and Consolidated  under
a  loan from Century to these entities.  These entities were merged with  and
into  a newly created wholly owned subsidiary of the Company in October 1997.
See Form 8-K filed by the Company on October 27, 1997 containing the terms of
the merger.  The condensed financial statements contained in this Form 10-QSB
do not reflect this merger.
           



Results of Operations

     The Company had net sales of $2,001,000 and $6,422,000 respectively for the
three  and nine month periods ended September 30, 1997 compared to net  sales
of  $1,227,000  and  $3,998,000 respectively for the  three  and  nine  month
periods  ended September 30, 1996.  The increase in sales for the comparative
three and nine month periods is attributable to increased sales of Brabantia,
initial sales of Soehnle, export grill express business, and lower returns.

Gross profit margins for the three month periods ended September 30, 1997 and
1996 were 26.5% and 36.1% and for the nine month periods ended September  30,
1997 and 1996 were 32.2% and 44.1%.  The decrease in gross profit margins  is
attributable  to  margins being lower on the imported Brabantia  and  Soehnle
product  lines where the Company acts as a distributor as opposed  to  higher
gross profit margins on its own manufactured products.   The gross profit  on
electric export sales is also much lower than domestic retail sales.

Selling,  general and administrative expenses were $541,000 and  $972,000  or
27%  and  79.2% respectively for the three month periods ended September  30,
1997  and 1996 and were $1,728,000 and $2,880,000 or 26.9% and 72.0% for  the
nine  month periods ended September 30, 1997 and 1996.  The decrease in  both
the  amounts  incurred and as a percentage of sales reflects  the  effect  of
management's continuing cost cutting program.  Advertising expenses  included
above were $3,000 and $4,000 for the three month periods ended September  30,
1997  and 1996 and were $10,000 and $229,000 for the nine month periods ended
September 30, 1997 and 1996.

During  1997 the Company announced its intention to stop selling its electric
goods domestically and has sharply reduced the export of these products.   As
a  result of these transactions the Company incurred restructuring charges of
approximately  $442,000 representing the write - off of molds and  facilities
used in the manufacturing of its electric household appliances.

Interest  expense for the three month periods ended September  30,  1997  and
1996  were $331,000 and $133,000 respectively and for the nine month  periods
ended  September 30, 1997 and 1996 were $611,000 and $563,000.  The  increase
in interest in both the three and nine month periods is entirely attributable
to  interest  not being previously accrued on notes payable to  certain  note
holders  who  agreed  to a reduction in the interest  rate  on  their  loans.
During  July  1997  these  note holders agreed not to  call  their  loans  in
exchange for the difference in interest they would have received at  the  old
rate vs. the new rate being converted into common stock of the Company at the
current  market price of the Company's stock.  This resulted in the  issuance
of 386,000 shares of the Company's common stock.

The  settlement  of  the  Fleet  debt  during  March  1996  resulted  in   an
extraordinary  gain  to the Company of $1,550,000 as reflected  in  the  nine
month period ended September 30, 1996.
                                      
Due to the foregoing, the Company reported loss before extraordinary item  of
$1,003,000  and  $1,000,000 for the three month periods ended  September  30,
1997  and 1996 respectively and $1,421,000 and $3,053,000 for the nine  month
periods ended September 30, 1997 and 1996.  For the three month periods ended
September  30, 1997 and 1996 net loss was $1,003,000 and $1,000,000  and  for
the  nine month periods ended September 30, 1997 and 1996 was $1,421,000  and
$1,503,000.
                                      
                          PART II OTHER INFORMATION

Item 4.      Submission of Matters to a Vote of Securities Holders

The  annual meeting of the shareholders of the Company was held on  September
23, 1997.  David Guttmann, David Refson and Richard Helfman were each elected
directors of the Company.

Item 6.      a.                                   Exhibits

       Exhibit 27. Financial Data Schedule

  b.   Reports on Form 8-K

       The Registrant did file reports on Form
       8-K during the nine months ended September 30, 1997.

       A report on Form 8-K was filed October 27, 1997.






                                      

                                      
                         CREATIVE TECHNOLOGIES CORP.
                                      
                                 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.



                                   CREATIVE TECHNOLOGIES CORP.
                                   Registrant





Dated :  November 13, 1997         By:  S/Richard Helfman
                                        Richard Helfman, President