SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549
                                
                           FORM 10-QSB
(Mark One)

[  X ]    QUARTERLY REPORT UNDER SECTIONS 13 OR 15(d) OF THE
          SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY
          PERIOD ENDED MARCH 31, 1998

[    ]    TRANSITION REPORT PURSUANT TO SECTIONS 13 OR 15(d) OF
          THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION
          PERIOD FROM JANUARY 1, 1998 TO MARCH  31, 1998

Commission File Number:  0-13910
                         -------

                  THE FURIA ORGANIZATION, INC.
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     (Exact name of registrant as specified in its charter)


          Delaware                               95-3931129
--------------------------------             ------------------
(State or other jurisdiction                   (IRS Employer
of incorporation or organization)            Identification No.)


P.O. Box 795517,  Dallas, Texas                   75379-5517
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(Address of principal executive offices)          (Zip Code)


                         (972) 239-2290
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      (Registrant's telephone number, including area code)



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

    Check whether the issuer (1) filed all reports required to
be filed by Sections 13 or 15(d) of the Securities Exchange Act
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  [     ]        No   [  X  ]

              APPLICABLE ONLY TO CORPORATE ISSUERS:
                                
      100,214,209  shares of Common Stock, .0001 par value
 ---------------------------------------------------------------
            (The number of shares outstanding of each
         of the issuer's classes of common stock, as of
                   the last practicable date)

<PAGE>

PART I - FINANCIAL INFORMATION
                                
                                
Item 1.   Financial Statements:

                         Balance Sheets


                                            Three Months Ended
                                         --------------------------
                                           March 31,     March 31,
                                             1998           1997
                                         -----------    -----------
     Total Assets                        $         0    $         0
                                                                    
                                                        
     Liabilities and Stockholders'       $    10,735    $     5,735
     (Deficiency)
                                                                    
     Stockholders' equity                                           
          Convertible Preferred stock,                              
     (50,000,000 authorized; $.0001                                 
     par, -0-  shares outstanding)               300            300
          Common stock (200,000,000                                 
     shares authorized, $.0001 par,                                 
     100,214,209 shares issued and                                  
     outstanding)                               1,186          1,186
          Paid in capital                   6,385,971      6,385,971
          Deficit                          (6,413,164)    (6,413,164)
                                                                    
     Total Stockholders (Deficiency)           10,735         10,735

     TOTAL LIABILITIES AND
     SHAREHOLDERS' (DEFICIENCY)           $         0     $        0
                                          -----------     ----------


ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF
          OPERATIONS:

General
-------

     The Company had no operations for the quarter ended March
31, 1998. The Company had no operations for the quarter ended
March 31, 1997.

Liquidity and Capital Resources
-------------------------------

     Working capital at March 31, 1998 was $0 compared to $0 at
March 31, 1997.  Cash and cash equivalent did not change from
March 31, 1997 to March 31, 1998. The Company had $0 trade
accounts or accounts receivable for the period ended March 31,
1998 compared to $0 for the quarter ended March 31, 1997.  The
Company had $0 in inventory during the quarter ended March 31,
1998 compared to $0 for the quarter ended March 31, 1997.  Trade
accounts payable for the quarter ended March 31, 1998 were $0
compared to $0 for the quarter ended March 31, 1997.

     The Company acquired 100% of the outstanding stock of
Americom Telecommunications Corporation in exchange for
75,000,000 shares of the Company's Common Stock.. As a result
Americom Telecommunications Corporation has become a wholly-owned
subsidiary of the Company.

     The Company made no other capital acquisitions or
improvements during the three month period ended March 31, 1998.

<PAGE>

Results of Operations
---------------------

     The Company had no operations for the quarter ended March
31, 1998. The Company had no operations for the quarter ended
March 31, 1997.

                             PART II
                                
     No "other" information required.



                           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.


                         THE FURIA ORGANIZATION, INC.



                         By:  /s/ WAYLON E. MCMULLEN
                            --------------------------------
                            Waylon E. McMullen,  President