U.S. Securities and Exchange Commission

                      Washington, DC 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 March 31,1997

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

          For the transition period from ---- to ----

               Commission File number 0-161470

                      TELE-OPTICS, INC.
(Exact name of small business issuer as specified in its charter)

      Delaware                                   65-0008442
 (State of other jurisdiction of              (I.R.S. Employer
incorporation or organization)                Identification No.)

   21218 St. Andrews Boulevard, Suite 642, Boca Raton, FL 33433
      (Address of principal executive office and zip code)

                        (561) 360-4951
                  (Issuer's telephone number)


    (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 Section 13 or 15 (d) of the Exchange Act of 1934
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 at least the past 90
days.  Yes ___    No _X_

              APPLICABLE ONLY TO CORPORATE ISSUERS

     State the number of shares outstanding of each of the
issuer's classes of common equity, as of the latest practicable
date: As of June 15, 1999, there were 4,740,000 shares issued of
which a total of 4,740,000 were outstanding.

     Transitional Small Business Disclosure Format (check one);
 Yes __    No _X__


<PAGE>
                         TELE-OPTICS, INC.

                        Form 10-QSB Index
                          March 31, 1997



                                                         Page


Part I:   Financial Information

   Item 1.    Financial Statements.....................  3

   Balance Sheet Unaudited at March 31, 1997...........  4

   Statements of Operations (Unaudited) for the
   Three Month Periods ended March 31, 1997
   and March 31, 1996..................................  5

   Statements of Cash Flow (Unaudited) for the
   Three Month Periods Ended March 31, 1997
   and March 31, 1996..................................  6

   Notes to Financial Statements.......................  7

   Item 2. Management's Discussion and Analysis
   or Plan of Operation ...............................  8

Part II:   Other Information

   Item 1.    Legal Proceedings .......................  9

   Item 2.    Changes in Securities....................  9

   Item 3.    Defaults Upon Senior Securities..........  9

   Item 4.    Submission of Matters to a Vote
              of Security Holders......................  9

   Item 5.    Other Information........................  9

   Item 6.    Exhibits and Reports on Form 8-K.........  9

Signatures.............................................  9


<PAGE>


                              PART I
                      FINANCIAL INFORMATION


Item 1.  Financial Statements


                        TELE-OPTICS, INC.
                     CONDENSED BALANCE SHEETS

 <TABLE>
 <CAPTION>

                                                    March 31,      December 31,
                                                      1997            1996
                                                 -------------    ------------
                                                  (Unaudited)
<S>                                              <C>              <C>

                              ASSETS

                                                 $    -           $     -
                                                 ============     ============


               LIABILITIES AND SHAREHOLDERS' EQUITY

Liabilities                                      $    -           $     -
                                                 -----------      ------------
Shareholders' Equity:

   Common stock, par value, $.01
   per share; authorized, 5,000,000
   shares; issued, 1,690,000; outstanding,
   1,640,000 shares                                  16,400             16,400

   Additional paid-in capital                     1,863,042          1,863,042

   Retained earnings (deficit)                   (1,704,354)        (1,704,354)
                                                 ----------         ----------
                                                    175,088            175,088

  Less: Treasury stock, 50,000
  shares at cost                                    175,088            175,088
                                                 ----------         ----------
  Total Shareholders' Equity (deficit)                -                  -
                                                 ----------         ----------
                                                 $    -             $    -
                                                 ==========         ==========

</TABLE>


See notes to condensed financial statements.



<PAGE>


                        TELE-OPTICS, INC.
                CONDENSED STATEMENTS OF OPERATIONS
                           (UNAUDITED)

<TABLE>
<CAPTION>
                                                      Three Months Ended
                                                            March 31,
                                                      1997            1996
                                                 -------------    ------------
<S>                                              <C>              <C>

Revenues                                         $      -         $      -
                                                 -----------      ------------

Costs and Expenses                                      -                -
                                                 -----------      ------------
Net income (loss)                                $      -         $      -
                                                 ===========      ============

Net income (loss) per share                      $      -         $      -
                                                 ===========      ============

Average number of shares outstanding              1,640,000          1,640,000
                                                ===========       ============

</TABLE>

See notes to condensed financial statements.


<PAGE>

                        TELEOPTICS, INC.
            CONDENSED STATEMENT OF SHAREHOLDERS' EQUITY
                          (UNAUDITED)

<TABLE>                                                            Addt'l         Retained         Treasury
<CAPTION>                                  Common Stock            Paid-In        Earnings           Stock
                                    # of Shares      Amount        Capital        (Deficit)       50,000 Shares       Total
                                    -----------     --------      ----------    -------------     -------------     ---------
<S>                                 <C>             <C>           <C>           <C>               <C>               <C>

Balance at January 1, 1996           1,690,000      $ 16,900      $1,862,542    $ (1,704,354)     $  (175,088)      $   -

Net loss for the year ended
December 31, 1996                   -----------     --------      ----------    -------------     -------------     --------

Balance at December 31, 1996         1,690,000      $ 16,900      $1,862,542    $ (1,704,354)     $  (175,088)      $   -

Income (loss) for the three months
ended March 31, 1997                -----------     --------      ----------    -------------     -------------     --------

Balance at March 31, 1997            1,690,000      $ 16,900      $1,862,542    $ (1,704,354)     $  (175,088)      $   -
                                    ===========     ========      ==========    =============     =============     ========

</TABLE>



See notes to condensed financial statements.


<PAGE>


                        TELE-OPTICS, INC.
                CONDENSED STATEMENTS OF CASH FLOWS
                           (UNAUDITED)

 <TABLE>
 <CAPTION>
                                                        Three Months Ended
                                                    March 31,       March 31,
                                                      1997            1996
                                                 -------------    ------------
<S>                                              <C>              <C>

Cash provided (used) In:

   Operating Activities                           $    -         $     -

   Investing Activities:                               -               -

   Financing Activities:                               -               -
                                                 ------------    ------------

   Decrease in Cash                                    -               -

   Cash balance, beginning                             -               -
                                                 ------------    ------------
   Cash balance, end                             $     -         $     -
                                                 ============    ============

</TABLE>



See notes to condensed financial statements.



<PAGE>


                        TELE-OPTICS, INC.
             NOTES TO CONDENSED FINANCIAL STATEMENTS



NOTE 1:   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation:

     Tele-Optics, Inc. (the Company) was incorporated on December
     31, 1986 and on that date and in early 1987, issued a total
     of 1,000,000 shares of its $0.01 par value common stock as
     follows: (a). 100,000 shares at incorporation, (b). 101,216
     shares to its founder and 21,000 shares to others for the
     rights to certain property and technology, (c).  33,500
     shares in consideration of services rendered to the Company
     and (d). 744,284 shares in exchange for all outstanding
     stock of Lenzar Optics Corporation (Lenzar).

Business Activity:

     The Company, a Delaware corporation, has its present
     administrative office now located in Florida. At the present
     time, the Company has no current operations and is actively
     attempting to acquire a business operation, or obtain one
     through merger with a privately-held company seeking public
     status.



NOTE 2:   UNAUDITED FINANCIAL STATEMENTS

     The financial statements as of March 31, 1997, and for the
     period ended March 31, 1997 and 1996, included herein are
     unaudited; however, such information reflects all adjustments
     consisting of normal recurring adjustments, which are, in
     the opinion of management, necessary for a fair presentation
     of the information for such periods.  In addition, the
     results of operations for the interim period are not
     necessarily indicative of results for the entire year. The
     accompanying financial statements are in condensed form and
     should be read in conjunction with the Company's annual
     report filed on Form 10KSB.


<PAGE>


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

     (a)  Plan of Operation

     The Registrant is presently a development stage company
conducting virtually no business operations.  The Company is
engaged in efforts to bring its delinquent period reporting
obligations under the Securities Exchange Act of 1934 up to date
through the preparation and filing of quarterly and annual
reports on Forms 10-QSB and 10-KSB, respectively, and to pay
certain obligations of the Company, including certain past due
and current accounting and legal fees, stock transfer agent fees,
franchise taxes, state and federal taxes, and other expenses.
After  becoming current in its reporting obligations, the Company
plans to attempt to effect a merger, exchange of capital stock,
asset acquisition or other similar business combination (a
"Business Combination") with an operating or development stage
business which the Registrant may consider to have significant
growth potential.  As a result, the Company has filed certain
disclosure documents with the Commission, including Annual
Reports on Form 10-KSB for the years ended December 31, 1991,
1992, 1993, 1994, 1995, 1996 and 1997, and Quarterly Reports on
Form 10-QSB for the three month periods ended March 31, June 30,
and September 30, 1992, 1993, 1994, 1995, 1996, 1997 and 1998.
Since 1991, the Company has neither identified nor engaged in any
commercial operations nor generated any revenues. To date,
moreover, the Company has neither identified any Business
Combination opportunity nor engaged in any definitive activities
in connection with any such transaction or transactions.

     In late 1997, current management and others purchased
approximately sixty-eight (68%) percent of the ownership interest
of the Company, from the Company, for approximately $34,000 in
cash and cash equivalent which the Company received as paid-in
capital.  At present those funds are supporting the Company's
efforts at preparation and filing of its delinquent and current
periodic reporting and other similar activities as described
above.  The Registrant anticipates that no additional capital
infusions will be required prior to effectuating a Business
Combination.  Until such time as the Registrant effectuates a
Business Combination, with the exception of certain other
professional fees and costs for such a transaction, the
Registrant expects that it will incur minimal operating costs.

     No officer or director of the Registrant is paid any
compensation by the Registrant and presently, there are no
arrangements or anticipated arrangements to compensate any
officer or director in the near future. The Registrant expects
that it will meet its cash requirements until such time as a
Business Combination occurs.



<PAGE>

                             PART II

                        OTHER INFORMATION


Item 1.  Legal Proceedings

  No legal proceedings are pending in which the registrant is a
party.

Item 2.  Change in Securities

   Not Applicable

Item 3.  Defaults Upon Senior Securities

   Not Applicable

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

   Not Applicable

Item 5.  Other Information

    Not Applicable

Item 6.  Exhibits and Reports on Form 8-K

   (a)   No reports on Form 8-K were filed during the period.


<PAGE>

                            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.


                                       TELE-OPTICS, INC.
                                       Registrant


                                       BY:/s/John P. Little
Dated: June 30, 1999                      John P. Little, President & Director