SECURITIES AND EXCHANGE COMMISSION
            WASHINGTON, DC 20549

                 FORM 10-QSB

[X] QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE
       SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended MARCH 31, 2003

[ ] TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE
       SECURITIES EXCHANGE ACT OF 1934

For the transition period from            to


       Commission file number 0-28887


           TELCO-TECHNOLOGY, INC.
(Exact name of Small Business Issuer as Specified in its
Charter)


Delaware                                    22-3328734
(State or Other Jurisdiction          (I.R.S. Employer
of Incorporation or                     Identification
Organization)                                  Number)

               60 Bowers Lane
          Closter, New Jersey 07624
  (Address of Principal Executive Offices)

               (201) 768-2310
(Issuer's Telephone Number, Including Area Code)


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    X              No


State the number of shares outstanding of each of the Issuer's
classes of common equity, as of the latest practicable date:

Common, $.001 par value per share: 16,969,944
      outstanding as of March 31, 2003


       PART I - FINANCIAL INFORMATION

           TELCO-TECHNOLOGY, INC.


       Index to Financial Information
         Period Ended March 31, 2003



    Item                                   Page

Item 1 -  Financial Statements:

Balance Sheet                                3

Statements of Expenses                       4

Statements of Cash Flows                     5

Notes to Financial Statements                6

Item 2 -  Management's Discussion and
Analysis or Plan of Operation                7

Item 3 -  Controls and Procedures            8


<TABLE>
<CAPTION>
                     Telco-Technology, Inc.
                         Balance Sheet
                      As of March 31, 2003
                          (unaudited)


<S>                                                           <C>
   ASSETS

Cash                                                           $     5,372
                                                               ===========


 LIABILITIES & STOCKHOLDERS' DEFICIT

Current Liabilities
 Accounts payable                                              $    41,949
 Accrued expenses                                                   11,897
 Current notes payable                                             110,000
 Due to a related party                                             10,000
                                                               -----------
    Total Current Liabilities                                      173,846

Long term notes payable                                              3,253
                                                               -----------
  Total Liabilities                                                177,099
                                                               -----------

    STOCKHOLDERS' DEFICIT

Preferred stock, $.001 par, 20,000,000 shares
  authorized, none issued or outstanding
Common stock, $.001 par, 200,000,000 shares
  authorized, 16,969,944 shares issued and
  outstanding                                                       16,970
Paid-in capital                                                  3,546,379
Retained deficit                                                (3,735,076)
                                                               -----------
    Total Stockholders' Deficit                                 (  171,727)
                                                               -----------
    Total Liabilities & Stockholders' Deficit                  $     5,372
                                                               ===========


</TABLE>



<TABLE>
<CAPTION>

                     Telco-Technology, Inc.
                     Statements Of Expenses
       For the Three Months Ended March 31, 2003 and 2002
                          (unaudited)

<S>                                                 <C>        <C>



                                                       2003        2002
                                                    ---------   ---------

General & administrative                            $  82,700   $ 267,797
                                                    ---------   ---------
Net loss                                            $ (82,700)  $(267,797)
                                                    =========   =========

Basic and diluted net loss per common share             $(.01)      $(.02)

Weighted average common
  shares outstanding                                16,190,777 11,469,944


</TABLE>



<TABLE>
<CAPTION>

Telco-Technology, Inc.
Statements of Cash Flows
For the Three Months Ended March 31, 2003 and 2002
(unaudited)


                                                          2003                2002
                                                       ---------           ---------
<S>                                                   <C>                 <C>


CASH FLOWS FROM OPERATIONS
Net loss                                              $ (82,700)          $(267,797)
Adjustments to reconcile net loss to
cash used in operating activities:
      Stock issued for services                         145,995             192,500
      Bad debt provision                                                     35,000
 Changes in:
    Accounts payable                                      4,840            ( 18,246)
    Accrued expenses                                      1,938              30,263
    Due to a related party                              (75,000)
                                                       ---------           ---------
    NET CASH USED IN OPERATING ACTIVITIES               ( 4,927)           ( 28,280)
                                                       ---------           ---------
CASH FLOWS FROM INVESTING ACTIVITIES
 Loans                                                                     ( 35,000)
                                                                           ---------
    NET CASH USED IN INVESTING ACTIVITIES                                  ( 35,000)
                                                                           ---------

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from notes payable                                                  85,000
Contribution to capital                                                       3,810
                                                                           ---------
  NET CASH PROVIDED BY FINANCING ACTIVITIES                                  88,810
                                                                           ---------
NET CHANGE IN CASH                                       ( 4,927)            25,530
                                                       ---------           ---------
CASH BEGINNING                                            10,299                177
                                                       ---------           ---------
CASH ENDING                                            $   5,372          $  25,707
                                                       =========           =========



</TABLE>

          Telco-Technology, Inc.
       Notes To Financial Statements
                (unaudited)


NOTE 1 - BASIS OF PRESENTATION

The accompanying unaudited interim financial statements of
Telco-Technology, Inc., a Delaware corporation ("Telco"), have
been prepared in accordance with accounting principles generally
accepted in the United States of America and the rules of the
Securities and Exchange Commission ("SEC"), and should be read
in conjunction with the audited financial statements and notes
thereto contained in the Telco's latest Annual Report filed with
the SEC on Form 10-KSB.  In the opinion of management, all
adjustments, consisting of normal recurring adjustments,
necessary for a fair presentation of financial position and the
results of operations for the interim periods presented have
been reflected herein.  The results of operations for interim
periods are not necessarily indicative of the results to be
expected for the full year.  Notes to the financial statements
which would substantially duplicate the disclosure contained in
the audited financial statements for the most recent fiscal
year, 2002, as reported in Form 10-KSB, have been omitted.


NOTE 2 - COMMON STOCK

In January 2003, Telco issued 3,000,000 shares of common stock
to Donalson Corporation valued at $105,000 for payment of the
$85,000 owed for the consulting agreement as of December 31,
2002 and $20,000 for the first two months of 2003.

For the quarter ending March 31, 2003, Telco issued 970,000
shares of common stock valued at $40,995 to three consultants
for services.





Item 2.        Management's Discussion and Analysis or Plan of
               Operation.

The following discussion should be read in conjunction
with the Financial Information and Notes thereto included in
this report and is qualified in its entirety by the foregoing.

Forward-Looking Statements

     This report contains certain forward-looking statements
and information relating to the Company that are based on the
beliefs and assumptions made by the Company's management as well
as information currently available to the management.  When used
in this document, the words "anticipate", "believe", "estimate",
and "expect" and similar expressions, are intended to identify
forward-looking statements.  Such statements reflect the current
views of the Company with respect to future events and are
subject to certain risks, uncertainties and assumptions.  Should
one or more of these risks or uncertainties materialize, or
should underlying assumptions prove incorrect, actual results
may vary materially from those described herein as anticipated,
believed, estimated or expected.  Certain of these risks and
uncertainties are discussed  under the caption "Uncertainties
and Risk Factors" in  Part I, Item 1 "Description of Business"
of the Company's Annual Report on Form 10-KSB for the year ended
December 31,  2002. The Company does not intend to update these
forward-looking statements.

Overview

     Telco-Technology, Inc. (the "Company")  was organized
under the laws of the State of Nevada on November 23, 1993 under
the name Haycock Morrison Inc. ("Haycock").  In 1994, Haycock
completed the sale of certain shares of its Common Stock
pursuant to an exemption provided by Rule 504 of Regulation D
promulgated under the Securities Act of 1933, as amended (the
"Securities Act"). On January 27, 1995, Haycock entered into an
acquisition agreement with Telco Technology, Inc., a Delaware
corporation ("Telco").  Pursuant to the terms of the
acquisition, Haycock issued 5,000 shares of its Common Stock
which represented 60% of the then outstanding Common Stock of
Haycock.

     After giving effect to the above transaction, the Company
ceased all activities as Haycock and changed its name to Telco-
Technology, Inc.  The Company continued the business operations
then conducted by Telco of providing long distance telephone
services and computer networks for voice and data transmissions
which operations were primarily conducted in the State of
Massachusetts (the "Massachusetts Operations").  In 1998, the
Company was reorganized as a Delaware corporation.  The Company
continued such operations until June 1999.

     In June 1999, the Company sold the Massachusetts
Operations to a company affiliated with a former officer and
director of the Company in exchange for the return of 950,000
shares of Common Stock to the Company, and the assumption of all
liabilities of the Massachusetts Operations.  As part of the
agreement, the Company also agreed to forgive all officer loans
due from such individual (which amounted to approximately
$118,000).  As a result of the foregoing, the Company  has no
current business operations and since then has been seeking
another business opportunity.

Plan of Operation

     In 1999, management decided that it would be in the best
interests of the Company and its stockholders to seek additional
business opportunities and sell the Massachusetts Operations,
its then sole business operations. As a result of the sale of
the  Massachusetts Operations which occurred in June 1999, the
Company  has no current business operations.  As such, the
Company's principal business purpose at this time is to locate
and consummate a merger or acquisition with a private entity.
With the sale of the Massachusetts Operations, Management has
been focusing on other business opportunities in its attempt to
locate and consummate such a merger or acquisition. It should be
noted  that the Company likely has insufficient capital with
which to make any acquisitions.  Accordingly, in any of the
transactions to merge with or acquire a private entity, it is
likely that the consideration utilized to make any acquisitions
will consist of equity securities.

     Management anticipates that it may be able to participate
in only one potential business venture, due primarily to the
Company's limited financing.  There can be no assurance that the
Company will be able to acquire any other business or business
opportunity at all, or that any business or business opportunity
the Company acquires will prove successful or will be able to
operate profitably.

Liquidity and Capital Resources

     On March 31, 2003, the Company had a working capital
deficit of approximately $(168,000), a deficit to debt ratio of
approximately (.97) to 1, and stockholders' deficit of
approximately $(172,000).  At March 31, 2003, the Company had
approximately $5,000 in cash, total assets of approximately
$5,000 and total liabilities of approximately $177,000.

     During the quarter ended March 31, 2002, the Company
obtained loans from certain private parties
in the aggregate amount of $85,000.  All of such loans bear
interest at 6.75% and mature in six months after issuance.  In
July 2002, the Company obtained another loan in the amount of
$25,000 from a certain private party.  The loan bears interest
at 6.75% and matures in six months after issuance.  As of the
date hereof, the Company is in default of these loans.





         PART II - OTHER INFORMATION

Item 1.        Legal Proceedings.

          None.

Item 2.        Changes in Securities.

          In January 2003, the Company issued 3,000,000
          shares to Donalson Capital Corporation
          ("Donalson"), a company owned by Donald R.
          McKelvey, which shares were valued at $105,000
          for the payment of the $85,000 owed under a
          consulting agreement with Donalson for 2002 and
          $20,000 for the first two months of 2003.  Such
          shares were issued in reliance upon the exemption
          from registration pursuant to Section 4(2) of the
          Securities Act of 1933, as amended, for
          "transactions by the issuer not involving any
          public offering".

Item 3.        Defaults Upon Senior Securities.

          During the quarter ended March 31, 2002, the
          Company obtained loans from certain private
          parties in the aggregate amount of $85,000.  All
          of such loans bear interest at 6.75% and mature
          in six months after issuance.  In July 2002, the
          Company obtained another loan in the amount of
          $25,000 from a certain private party.  The loan
          bears interest at 6.75% and matures in six months
          after issuance.  As of the date hereof, the
          Company is in default of these loans.

Item 4.      Submission of Matters to a Vote of
             Security-Holders.

             None.

Item 5.       Other Information.

             None.

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

               (a)  Exhibits.

               99.1 Certification pursuant to U.S.C. Section
               1350, as adopted pursuant to Section 906
               of the Sarbanes-Oxley Act of 2002

               (b)  Reports on Form 8-K.

               Listed below are reports on Form 8-K filed during
               the fiscal quarter ended March 31, 2003.

               None.



                          SIGNATURES

     In accordance with the requirements of the Exchange Act,
the Registrant caused this Report to be signed on its behalf by
the undersigned thereunto duly authorized.

                             TELCO-TECHNOLOGY, INC.
                             (Registrant)


Dated:   May 13, 2003        By:  /s/ Donald R. McKelvey
                             Donald R. McKelvey,
                             Chairman of the Board and
                             President


Dated:   May 13, 2003        By:  /s/ Donald R. McKelvey
                             Donald R. McKelvey,
                             Principal Financial Officer




               CERTIFICATIONS

I, Donald R. McKelvey, certify that:

1.     I have reviewed this quarterly report on Form 10-QSB of
Telco-Technology, Inc.;

2.   Based on my knowledge, this quarterly report does not
contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements  made, in light
of the  circumstances  under which such statements  were made,
not misleading with respect to the period covered by this
quarterly report;

3.   Based on my  knowledge, the  financial  statements,  and
other  financial information included  in this quarterly
report,  fairly present  in all material respects the financial
condition,  results of operations and cash flows of the
registrant  as of, and for,  the  periods  presented  in this
quarterly  report;

4.   The registrant's other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-14 and 15d-
14) for the registrant and have:

     (a)  designed such disclosure controls and procedures
to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in
which this quarterly report is being prepared;

     (b)  evaluated the effectiveness of the registrant's
disclosure controls and procedures as of a date within 90 days
prior to the filing date of this quarterly report (the
"Evaluation Date"); and

     (c)  presented in this quarterly report our
conclusions about the effectiveness of the disclosure controls
and procedures based on our evaluation as of the Evaluation
Date;

5.   The registrant's other certifying officers and I have
disclosed, based on our most recent evaluation, to the
registrant's auditors and the audit committee of registrant's
board of directors (or persons performing the equivalent
functions):

     (a)  all significant deficiencies in the design or
operation of internal controls which could adversely affect the
registrant's ability to record, process, summarize and report
financial data and have identified for the registrant's auditors
any material weaknesses in internal controls; and

     (b)  any fraud, whether or not material, that involves
management or other employees who have a significant role in the
registrant's internal controls; and

6.   The registrant's other certifying officers and I have
indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors
that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material
weaknesses.


Dated:   May 13, 2003         By:  /s/ Donald R. McKelvey
                                   Donald R. McKelvey,
                                   Chairman of the Board and
                                   President
                                   (Principal Executive
                                   Officer)

I, Donald R. McKelvey, certify that:

1.   I have reviewed this quarterly report on Form 10-QSB of
Telco-Technology, Inc.;

2.   Based on my knowledge,  this quarterly report does not
contain any untrue statement of a material fact or omit to state
a material fact necessary to make the statements  made, in light
of the  circumstances  under which such statements  were made,
not misleading with respect to the period covered by this
quarterly report;

3.   Based on my  knowledge,  the  financial  statements,  and
other  financial information  included  in this quarterly
report,  fairly present  in all material respects the financial
condition,  results of operations and cash flows of the
registrant  as of, and for,  the  periods  presented  in this
quarterly  report;

4.   The registrant's other certifying officers and I are
responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-14 and 15d-
14) for the registrant and have:

     (a)  designed such disclosure controls and procedures
to ensure that material information relating to the registrant,
including its consolidated subsidiaries, is made known to us by
others within those entities, particularly during the period in
which this quarterly report is being prepared;

     (b)  evaluated the effectiveness of the registrant's
disclosure controls and procedures as of a date within 90 days
prior to the filing date of this quarterly report (the
"Evaluation Date"); and

     (c)  presented in this quarterly report our
conclusions about the effectiveness of the disclosure controls
and procedures based on our evaluation as of the Evaluation
Date;

5.   The registrant's other certifying officers and I have
disclosed, based on our most recent evaluation, to the
registrant's auditors and the audit committee of registrant's
board of directors (or persons performing the equivalent
functions):

     (a)  all significant deficiencies in the design or
operation of internal controls which could adversely affect the
registrant's ability to record, process, summarize and report
financial data and have identified for the registrant's auditors
any material weaknesses in internal controls; and

     (b)  any fraud, whether or not material, that involves
management or other employees who have a significant role in the
registrant's internal controls; and

6.   The registrant's other certifying officers and I have
indicated in this quarterly report whether or not there were
significant changes in internal controls or in other factors
that could significantly affect internal controls subsequent to
the date of our most recent evaluation, including any corrective
actions with regard to significant deficiencies and material
weaknesses.


Dated:   May 13, 2003         By:  /s/ Donald R. McKelvey
                                   Donald R. McKelvey,
                                   Principal Financial Officer



Exhibit 99.1


          CERTIFICATION PURSUANT TO
           18 U.S.C. SECTION 1350,
           AS ADOPTED PURSUANT TO
             SECTION 906 OF THE
         SARBANES-OXLEY ACT OF 2002


In connection with the Quarterly Report of Telco-Technology,
Inc. (the "Company") on Form 10-QSB for the period ended March
31, 2003, as filed with the Securities and Exchange Commission
on the date hereof (the "Report"), the undersigned certifies,
pursuant to 18 U.S.C. Section 1350, as adopted pursuant to
Section 906 of the Sarbanes-Oxley Act of 2002, that:

     (1)  The Report fully complies with the requirements
          of Section 13(a) or 15(d) of the Securities
          Exchange Act of 1934; and

     (2)  The information contained in the Report fairly
          presents, in all material respects, the financial
          condition and results of operations of the
          Company.



Dated:   May 14, 2003         By:  /s/ Donald R. McKelvey
                                   Donald R. McKelvey,
                                   Chairman of the Board and
                                   President


Dated:   May 14, 2003         By:  /s/ Donald R. McKelvey
                                   Donald R. McKelvey,
                                   Principal Financial Officer