SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                   __________

                                   Form 10-QSB/A


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

For the quarterly period ended             March 31, 1997               

                                     OR

___   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 0-21662

                           Strategia Corporation
            (Exact name of registrant as specified in its charter)

           Kentucky                                       61-1064606    
(State or other jurisdiction of                           (I.R.S. Employer
incorporation or organization)                           Identification No.)
10301 Linn Station Road, P.O. Box 37144, Louisville, KY       40233-7144
       (Address of principal executive offices)                   (Zip Code)

Registrant's telephone number, including area code         502-426-3434

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

Indicate by check [X] 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 - 4,404,885 as of May 13, 1997.

Strategia Corporation hereby amends and restates Part I, Items 1 and 2 of its
Quarterly report for the quarter ended March 31, 1997.  An amended and 
restated Exhibit 27 is also filed herewith.

Part I
Item 1 - Financial Statements

                               STRATEGIA CORPORATION AND SUBSIDIARIES
<TABLE>

Condensed Consolidated Balance Sheets

<CAPTION>

                                                  March 31,     December 31,
                                                    1997           1996
                                                 (Unaudited)    (Audited)
Assets
<S>                                               <C>            <C>
Current assets:
  Cash and cash equivalents                        $ 8,405,528    $   338,436
  Accounts receivable, net                           2,296,240      1,099,636
  Other current assets                                 227,642         57,738

        Total current assets                        10,929,410      1,495,810

Property and equipment                              17,910,040     18,335,606
  Less accumulated depreciation and amortization    10,239,028      9,851,977

                                                     7,671,012      8,483,629

Other assets                                           510,732        765,971

                                                   $19,111,154    $10,745,410

  Liabilities and Stockholders' Equity

Current liabilities:
  Current installments of long-term debt           $   161,704    $    63,008
  Current installments of obligations
    under capital leases                             1,855,362      1,973,729
  Note payable to stockholder                             -           800,000
  Accounts payable                                     855,339        695,079
  Accrued income taxes                                  80,842         55,196
  Accrued expenses and other current liabilities      1,156,088       896,865

        Total current liabilities                     4,109,335     4,483,877

Long-term debt, excluding current installments          967,695       978,598
Obligations under capital leases, 
    excluding current installments                    1,120,670     1,705,724
Customers' deposits                                      59,981        54,117
Deferred revenue                                      2,087,075     1,072,469
Deferred income taxes                                   347,724       378,312

        Total liabilities                             8,692,480     8,673,097

Stockholders' equity:
  Preferred stock -- authorized 2,000,000 shares:
    Series AA Convertible Preferred Stock
    ($10 stated value); authorized 100,000 shares; 
    issued and outstanding 64,546                       645,460       645,460
  Common stock without par value.  Authorized
    15,000,000 shares; issued and outstanding
    4,404,885 shares                                 12,970,090     4,386,834  

  Accumulated deficit                                (3,091,313)   (2,938,423)
  Foreign currency translation adjustment              (105,563)      (21,558)

        Total stockholders' equity                   10,418,674      2,072,313 

                                                    $19,111,154    $10,745,410

</TABLE>

See notes to unaudited condensed consolidated 
financial statements.



                               STRATEGIA CORPORATION AND SUBSIDIARIES
<TABLE>
Condensed Consolidated Statements of Operations
(Unaudited)

<CAPTION>
                                                     Three Months Ended       
                                                          March 31,
                                                  1997                 1996
<S>                                           <C>                  <C>
Service revenues                              $ 2,543,199          $ 2,344,117

Operating expenses:
  Cost of services                              1,717,165            1,506,485
  Selling, general and administrative expenses    726,573              588,109
                                                2,443,738            2,094,594
    
        Operating income                           99,461              249,522

Other income (expense):
  Interest expense                               (172,014)            (161,707)
  Other income (expense)                          (15,598)               1,797
                                                 (187,612)            (159,910)

Income before income taxes                        (88,151)              89,612

Income taxes                                       52,008               99,125

        Net income (loss)                     $  (140,159)        $     (9,513)


Net income (loss) per common and common  
  equivalent share                            $     (0.04)           $       -

Weighted average number of common and 
  common equivalent shares outstanding          3,840,353             2,513,918 
 
</TABLE>
See notes to unaudited condensed consolidated financial statements.


                              STRATEGIA CORPORATION AND SUBSIDIARIES
<TABLE>
Condensed Consolidated Statement of Stockholders' Equity
(Unaudited)
<CAPTION>
                 Series AA                            Foreign
                 Preferred    Common   Accumulated    Currency    
                   Stock      Stock      Deficit     Translation    Total
<S>              <C>        <C>        <C>            <C>         <C>
Balance at                                           
  December 31,                                       
  1996           $ 645,460 $ 4,386,834 $(2,938,423)   $ (21,558) $ 2,072,313

Issuance of
  1,366,000
  shares of
  Common Stock,
  net of
  offering
  costs                -     8,583,256         -            -      8,583,256
                                                     
Net loss for                                        
  three months                                       
  ended March                                        
  31, 1997             -           -       (140,159)          -     (140,159)

Payments of
  Dividends            -           -       (12,731)         -        (12,731)

Translation                                          
  adjustment at                                      
  March 31, 1997       -           -            -       (84,005)     (84,005)
                                                     
Balance at March                                     
  31, 1997       $ 645,460 $12,970,090 $(3,091,313)   $(105,563) $10,418,674

</TABLE>
See notes to unaudited condensed consolidated financial statements.


                               STRATEGIA CORPORATION AND SUBSIDIARIES
<TABLE>
Condensed Consolidated Statements of Cash Flows
(Unaudited)
<CAPTION>
                                                      Three Months Ended
                                                           March 31,            
                                                   1997                  1996
<S>                                          <C>                   <C> 
Cash flows from operating activities:
  Net loss                                   $   (140,159)         $    (9,513)
  Adjustments to reconcile net loss      
    to net cash provided by 
    operating activities:
      Depreciation and amortization              689,724               578,702
      Other                                       (1,310)               2,852
    Change in operating assets and liabilities:
      Accounts receivable                     (1,328,604)           (2,447,660)
      Other current assets                      (173,370)               73,685 
      Accounts payable                           169,046                62,035 
      Accrued expenses and other current
        liabilities                              269,403               180,750 
      Accrued income taxes                        33,908                99,125 
    (Increase) decrease in other assets          224,805              (150,470)
    Increase in deferred revenue               1,146,036             2,023,361 
    Increase in customers' deposits               43,142                13,543 

            Net cash provided by operating
              activities                         932,621               426,410 

Cash flows from investing activities:
  Acquisition of property and equipment         (171,721)              (97,312)

            Net cash used in investing
              activities                        (171,721)              (97,312)

Cash flows from financing activities:
  Proceeds from sale of common stock, net      8,528,256                   -   
  Proceeds from bank line of credit              100,000                   -
  Proceeds from long-term debt                       -                 215,000 
  Payment of note payable to stockholder        (800,000)                  -
  Principal payments on long-term debt and 
    obligations under capital leases            (478,860)             (572,737)
  Payments of dividends on preferred stock       (12,731)                  -

            Net cash provided by (used in)                          
              financing activities             7,336,665              (357,737)

Effect of exchange rate changes on cash          (30,473)               (5,501)

Net increase (decrease) in cash and cash
  equivalents                                  8,067,092               (34,140)


Cash and cash equivalents at beginning of
  period                                         338,436               170,636 

Cash and cash equivalents at end of period   $ 8,405,528           $   136,496 


</TABLE>
See notes to unaudited condensed consolidated financial statements.


                               STRATEGIA CORPORATION AND SUBSIDIARIES


Notes to Condensed Consolidated Financial Statements
(Unaudited)

March 31, 1997

(1)  In the opinion of the Company, the accompanying unaudited condensed
consolidated financial statements contain all adjustments (consisting of only
normal recurring accruals) necessary to present fairly the financial position
as of March 31, 1997 and the results of operations and cash flows for the
three months then ended.

(2)  This financial information should be read in conjunction with the
consolidated financial statements and the notes thereto included in the
Company's Annual Report on Form 10-KSB for the period ended December 31, 1996.

(3)  For financial reporting purposes, income (loss) before income taxes for
the three ended March 31, 1997 and 1996, includes the following components:

<TABLE>
<CAPTION>
                                 Three months       
                                ended March 31,   
    Pretax income (loss):   1997         1996      
    <S>                     <C>          <C>          
    United States           $ (229,978)  $ (180,704)  
    Foreign                    141,827      270,316   

                            $  (88,151)  $   89,612   

</TABLE>

The provision for income tax expense is attributable to earnings from foreign
operations.

(4)  In March 1997, the Company completed a public offering of its Common Stock
that raised $8,592,982, net of offering expenses.  A portion of the offering 
proceeds were used to repay an $800,000 loan and related accrued interest from
a shareholder.

(5)  Income per share is based on net income less preferred dividends divided
by the weighted average number of common and equivalent shares outstanding
during the period.  Common stock equivalents outstanding are calculated for
stock options and warrants using the treasury stock method. Fully diluted per
share amounts are not materially different from primary per share amounts.

(6)	Revenue from Year 2000 compliance consulting and program renovation 
contracts is recognized as services are provided and costs are incurred.
For fixed-price contracts, revenue is recognized on the percentage-of-
completion method.  Costs incurred to date as a percentage of estimated 
total contract costs is used to determine the percentage of completion because 
management considers expended costs to be the best available measure of progress
on these contracts.  Contract costs include all direct material and labor costs
and those indirect costs related to contract performance.  Selling, general
and administrative costs are charged to expense as incurred.  Provisions for
estimated losses on uncompleted contracts are made in the period in which such
losses are determined.


Item 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS

Preliminary Note Regarding Forward Looking Information

The information set forth in "Management's Discussion and Analysis of Results 
of Operations and Financial Condition" includes forward-looking statements.   
Factors that could cause results to differ materially from those projected in 
the forward-looking statements are included in the following discussion and 
are described in greater detail in the  Company's Form 10-KSB Annual Report 
for the year ended December 31, 1996 under "Item 1 Business -- Risk Factors."

Results of Operations

The Company reported revenue of $2,453,199 for the three months ended March 31,
1997. This compares to revenue of $2,344,117 for the comparable period in 1996.
The Company reported a net loss of $140,159 for the three months ended March 
31, 1997 compared to a net loss of $9,513 for the same period in 1996.  The 
increase in revenue in 1997 is attributable to an approximate 4.7%
increase in backup service revenue that was provided by the Company's foreign
subsidiary, Twinsys Dataguard S.A. (hereinafter referred to as "Twinsys").

Twinsys accounted for approximately 69% of consolidated service revenue for the
three month period ending March 31, 1997 compared to approximately 73% for
the full year of 1996.  It is expected that Twinsys' percentage of total
consolidated service revenue of the Company will continue to decrease during
1997 due to the additional revenues that are expected to be generated in North
America associated with millennium and outsourcing services.  The Company
currently has both outsourcing and millennium service contracts in process.

The Company's cost of services increased to $1,717,165 from $1,506,485 for
the three months ended March 31, 1997 when compared to the same period in 1996.
In April 1996, Twinsys was obligated to obtain additional computer equipment to
meet the backup requirements of some of its largest customers, resulting in
higher depreciation and maintenance expenses and consequently, smaller margins.
Maintenance and depreciation expenses for Twinsys are not expected to increase
significantly through 1997.  Selling general and administrative expenses
increased approximately 24% to $726,573 for the three months ended March 31, 
1997 from $588,109 for the same period last year.  This increase reflects 
growth in the Company's direct marketing staff in anticipation 
of increased demand for millennium and outsourcing services.  In 
addition, advertising, promotion, and trade show expenditures have also 
increased as the Company increased marketing of its Year 2000 and other
computer services offerings.  

Interest expense was comparable for the three month periods ended March 31, 
1997 and 1996.  These expenses totaled $172,014 and $161,707 for the three 
months ended March 31, 1997 and 1996, respectively.  Interest expense for 
Twinsys is related mainly to capital leases for computer equipment.  Interest
expense for North America is principally related to capital leases and debt
incurred to establish and provide working capital for Twinsys.  The debt 
incurred to purchase assets for and capitalize Twinsys was paid off in March 
1997.  

The provision for income taxes totaled $56,195 and $99,125 for the three month
period ended March 31, 1997 and 1996, respectively, due to French income
taxes resulting from income of Twinsys.  No income tax benefits can be
recognized currently for U.S. operating losses, but these losses are available
to offset any future U.S. taxable income.

Liquidity and Capital Resources

At March 31, 1997, the Company had working capital totaling $6,820,075.
In March 1997, the Company completed a public offering of its Common Stock
that raised $8,592,982, net of offering expenses.  A portion of the offering
proceeds were used to repay an $800,000 loan and related accrued interest 
from a shareholder.  The Company also plans use offering proceeds to pay 
certain accounts payable, accrued expenses, and other current liabilities,
to increase marketing staff, project managers, and technical personnel in
anticipation of increased demand for millennium services during the next
several months, and to establish and equip regional testing facilities as 
Year 2000 conversion projects enter the implementation phase.  Pending use
for working capital needs, the Company expects to invest a portion of the
net offering proceeds in short-term, investment-grade, interest-bearing
securities.

Income from Twinsys has provided a significant, positive impact upon the 
consolidated cash flow of the Company.  However, the timing and amount of 
cash transfers between Twinsys and Strategia are subject to rules governing 
dividend payments by French subsidiaries of multi-national corporations, as 
well as practical considerations.  The Company continually assesses the
working capital needs of its North American and European operations and
determines appropriate allocations of cash throughout the year.

The Company's computer equipment is expected to meet the technological
requirements of current and prospective backup services customers in North
America and Europe without the need for any additional material capital
expenditure during the first half of 1997.  The Company plans to finance the
acquisition of additional computer equipment when needed for the backup 
requirements of its largest customers through capital lease obligations.
To the extent that additional computer hardware is required to meet the terms
of future contracts for data center outsourcing and millennium testing
services, the Company intends to finance the acquisition of readily available
used equipment from contract revenues whenever possible, and the proceeds of
its public offering of Common Stock.


Part II

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

         (a)  Exhibits

              27 - Financial Data Schedule

         (b)  Reports on Form 8-K

              None


                                          



                                  SIGNATURES


In accordance with the requirements of the Exchange Act, the registrant has
caused its quarterly report to be signed on its behalf by the undersigned,
hereunto duly authorized.


                                              STRATEGIA CORPORATION


Date:       March 31, 1998                    By:  /s/  Richard W. Smith        
        
                                                   Richard W. Smith, President
                                   (Chief Executive Officer)
                                   (Chief Financial Officer) 
                                   (Chief Accounting Officer)