SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                   __________

                                   Form 10-QSB


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

For the quarterly period ended             June 30, 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 - 4,666,819.

                               STRATEGIA CORPORATION AND SUBSIDIARIES
<TABLE>


Condensed Consolidated Balance Sheets

<CAPTION>

                                                   June 30,     December 31,
                                                     1997           1996
                                                  (Unaudited)    
Assets
<S>                                               <C>            <C>
Current assets:
  Cash and cash equivalents                        $ 7,438,780   $   338,436
  Accounts receivable, net                           2,070,203     1,099,636
  Other current assets                                 284,175        57,738
        Total current assets                         9,793,158     1,495,810


Property and equipment                              18,359,042    18,335,606
  Less accumulated depreciation and amortization    10,680,223     9,851,977
                                                     7,678,819     8,483,629

Other assets                                           483,177       765,971

                                                   $17,955,154   $10,745,410

  Liabilities and Stockholders' Equity

Current liabilities:
  Current installments of long-term debt           $   226,181   $    63,008
  Current installments of obligations under
    capital leases                                   1,657,284     1,973,729
  Note payable to stockholder                              -         800,000
  Accounts payable                                     570,069       695,079
  Accrued income taxes                                  28,663        55,196
  Accrued expenses and other current liabilities     1,014,993       896,865

        Total current liabilities                    3,497,190     4,483,877

Long-term debt, excluding current installments       1,080,537       978,598
Obligations under capital leases, 
    excluding current installments                     844,435     1,705,724
Customers' deposits                                     60,926        54,117
Deferred revenue                                     1,640,058     1,072,469
Deferred income taxes                                  333,524       378,312

        Total liabilities                            7,456,670     8,673,097

Stockholders' equity:
  Preferred stock -- authorized 2,000,000 shares:  

Series AA Convertible Preferred ($10 stated value);
    authorized 100,000 shares; issued and
    outstanding 0 shares at June 30, 1997
    and 64,546 shares at December 31, 1996                 -         645,460
  Common stock without par value.  Authorized  
    15,000,000 shares; issued and outstanding 
    4,666,819 shares at June 30, 1997 and 
    3,038,885 shares at December 31, 1996           13,615,550     4,386,834
  Accumulated deficit                               (2,968,740)   (2,938,423)
  Foreign currency translation                        (148,326)      (21,558)

        Total stockholders' equity                  10,498,484     2,072,313

                                                   $17,955,154   $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    Six Months Ended
                                    June 30,             June 30,
                               1997          1996    1997        1996

<S>                          <C>         <C>         <C>          <C>
Service revenues             2,771,850   $2,375,601  $5,473,698    $4,719,718

Operating expenses:
  Cost of services           1,958,808    1,866,200   3,908,411     3,372,685
  Selling, general and
    administrative expenses    800,059      539,952   1,294,194     1,128,062
                             2,758,867    2,406,152   5,202,605     4,500,747
      Operating income (loss)   12,983     (30,551)     271,093       218,971

Other income (expense):
  Interest expense            (104,269)   (202,232)    (276,283)     (363,939)
  Other                         99,876       4,963       84,278         6,760
                                (4,393)   (197,269)    (192,005)     (357,179)

      Income (loss) before
        income taxes        $    8,590   $(227,820)  $   79,088    $ (138,208)

Provision for income taxes      31,993      23,636       84,001       122,761

  Net loss                  $  (23,403)  $(251,456)  $   (4,913)   $ (260,969)

Net loss per share
  of common stock           $     (.01)   $    (.10) $     (.01)   $     (.10)

Weighted average number
  of common shares
  outstanding                4,407,722   2,522,006    3,068,356     2,517,962


</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 income for
  three months
  ended March
  31, 1997              -            -         18,490         -          18,490

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   (2,932,664)  (105,563)   10,557,323

Conversion of
  Series AA 
  Preferred Stock   (645,460)     645,460          -          -             -

Net loss for 
  Three months ended
  June 30, 1997          -            -        (23,403)       -         (23,403)

Payments of
  Dividends              -            -        (12,673)       -         (12,673)

Translation
  adjustment at
  June 30, 1997          -            -            -      (42,763)      (42,763)

Balance at June 
  30, 1997        $      -    $13,615,550  $(2,968,740) $(148,326)  $10,498,484

</TABLE>

See notes to unaudited condensed consolidated financial statements.

                               STRATEGIA CORPORATION AND SUBSIDIARIES
<TABLE>

Condensed Consolidated Statements of Cash Flows
(Unaudited)
<CAPTION>
                                                      Six Months Ended
                                                           June 30,
                                                    1997             1996
<S>                                                 <C>             <C> 
Cash flows from operating activities:
  Net loss                                          $   (4,913)      $ (260,969)
  Adjustments to reconcile net loss to    
    net cash provided by operating activities:
      Depreciation and amortization                  1,280,290        1,343,969
      Deferred income taxes                                -              8,870
      Other                                              1,048           (3,105)
    Change in operating assets and liabilities:
      Accounts receivable                           (1,107,151)         (38,139)
      Other current assets                            (229,647)         131,246
      Accounts payable                                (110,571)         181,575
      Accrued expenses                                 206,057          131,462
      Accrued income taxes                             (18,755)        (143,837)
Increase in other assets                               200,468          (50,620)
    Increase in deferred revenue                       736,816        1,330,803
    Increase (decrease) in customers' deposits           7,442           14,207

         Net cash provided by operating activities     961,084        2,645,462

Cash flows from investing activities:
  Acquisition of property and equipment               (527,192)        (282,684)

         Net cash used in investing activities        (527,192)        (282,684)

Cash flows from financing activities:
  Proceeds from sale of common stock, net            8,528,256              -  
  Proceeds from bank line of credit                    100,000          250,000
  Payment of note payable to stockholder              (800,000)             -
  Principal payments on long-term debt and 
    obligations under capital leases               (1,077,653)       (1,653,826)
  Payment of dividends on preferred stock              25,404)             -   

            Net cash used in financing                           
              activities                             6,725,199       (1,403,826)

Effect of exchange rate changes on cash                (58,747)         (27,549)

Net increase (decrease) in cash and cash equivalents 7,100,344          931,402

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

Cash and cash equivalents at end of period          $7,438,780       $1,102,039


</TABLE>

See notes to unaudited condensed consolidated financial statements.

                               STRATEGIA CORPORATION AND SUBSIDIARIES


Notes to Condensed Consolidated Financial Statements
(Unaudited)

June 30, 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 June 30, 1997 and the results of operations for the three and six months
then ended and cash flows for the six months then ended.

     Certain reclassifications of amounts in the condensed consolidated 
financial statements have been made to reflect comparability.

(2)  This financial information should be read in conjunction with the
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 and six months ended June 30, 1997 and 1996, includes the following
components:
<TABLE>
<CAPTION>
                                Three months              Six months
                                ended June 30,           ended June 30,
    Pretax income (loss):   1997         1996         1997          1996
    <S>                     <C>          <C>          <C>           <C>
    United States           $  (78,654)  $ (292,277)  $(149,987)    $ (472,981)
    Foreign                     87,244       64,457     229,075        334,773

                            $    8,590     (227,820)  $  79,088     $ (138,208)

</TABLE>
The provision for income tax expense is attributable to earnings from foreign
operations.

(1) Income (loss) per share is based on net income (loss) 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.

(1) The Company called its Series AA Preferred Stock on June 30, 1997.  All 
preferred shares were converted to Common Stock.

MANAGEMENT'S DISCUSSION AND ANALYSIS

Results of Operations

The Company reported revenue of $2,771,850 and $5,473,698 for the three and
six months ended June 30, 1997, respectively.  This compares to revenue of
$2,375,601 and $4,719,718 for the comparable periods in 1996.  The Company
reported net losses of $23,403 and $4,913 for the three and six months 
ended June 30, 1997 after reporting net losses of $251,456 and $260,969 for the
same periods in 1996.  The increase in revenue in 1997 is attributable mainly 
to additional computer services revenues generated in North America associated 
with millennium consulting.  Revenue recorded for the three and six months 
ended June 30, 1997 by the Company's subsidiary, Twinsys Dataguard S.A. 
(hereinafter referred to as "Twinsys") was comparable to the revenue recorded 
for the same periods in 1996.  

Consolidated service revenue increased $396,249 and $753,980 for the three 
and six month periods ended June 30, 1997 when compared to the same periods 
in 1996.  Twinsys accounted for approximately 65% and 60% of consolidated 
service revenue, respectively, for these periods in 1997.  It is expected that 
the percentage of the Company's consolidated service revenue generated by 
Twinsys will continue to decrease during 1997 due to the anticipated continued 
growth of revenues from millennium and outsourcing services in North America.  
The overall development of the millennium services market in Europe is slower 
than in North America.  Revenue from millennium service contracts totaled 
approximately 50% of the Company's North American revenues recorded for the 
three month period ended June 30, 1997.  The Company currently has both 
outsourcing and millennium service contracts in process in North America.

The Company's operating expenses increased to $2,758,867 from $2,406,152 and 
$5,202,605 from $4,500,747 for the three and six months ended June 30, 1997 
when compared to the same periods in 1996, respectively.  Operating expenses 
for North American operations increased approximately 52% for the three months 
ended June 30, 1997 and 37% for the six months ended June 30, 1997 when 
compared to the same periods in 1996.  These increases reflect (i) significant 
growth in the Company's technical and direct marketing staffs in anticipation 
of increased demand for millennium and outsourcing services, (ii) expenditures 
associated with the Company's new compliance testing center that was 
established in April, and (iii) increases in expenditures for advertising, 
promotions, and trade shows both in North America and Europe regarding Year 
2000 and other computer services offerings.  Operating expenses as a percentage
of total revenues are expected to increase over the last half of 1997 as the 
Company continues to add key personnel, facilities and equipment to meet the 
expected demand for millennium services.  

The Company's selling, general and administrative expenses for the three and 
six month periods ended June 30, 1997 increased approximately 48% and 15%, 
respectively, when compared to the same periods last year. Following the 
completion of its public offering of Common Stock on March 31, 1997, the 
Company incurred increases in professional fees and other expenses related to 
investor relations services, stock market listing, and similar post-offering 
matters.

Interest expense totaled $104,269 and $276,283 for the three and six months 
ended June 30, 1997, respectively, as compared to $202,232 and $363,939 for 
the same periods last year. Interest expense is related mainly to capital 
leases for computer equipment.  The reduction is attributable to a pay down in 
capital lease obligations and the repayment of a stockholder loan from the 
offering proceeds received during the first quarter of 1997. 

The provision for income taxes totaled $84,001 and $122,761 for the six month 
periods ended June 30, 1997 and 1996, respectively.  These amounts reflect 
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 June 30, 1997, the Company had working capital totaling $6,295,968.  In 
March 1997, the Company completed a public offering of its Common Stock that 
raised $8,528,256, net of offering expenses.  The Company has used a portion of
these offering proceeds to repay an $800,000 stockholder loan and to pay 
certain accounts payable, accrued expenses, and other current liabilities.  The
Company has also used offering proceeds to add marketing staff, project 
managers, and technical personnel in anticipation of the increased demand for 
millennium services during the next several months.  In addition, the Company 
plans to use offering proceeds to establish and equip regional testing 
facilities as Year 2000 conversion projects enter the implementation phase. The
Company established one such facility in North America during April 1997.  The 
Company has plans to assist in the initial capitalization and financing of 
efforts to establish a presence in Europe for millennium services as well as 
Euro currency conversion services.

Pending use for working capital needs, the Company has converted a portion of 
the net offering proceeds in short-term, investment-grade, interest-bearing 
securities.

The Company called its Series AA Preferred Stock at June 30, 1997.  The holders 
of all preferred shares elected to convert their Preferred to Common Stock.  
Therefore, no cash outlay was required in the call of these shares.


PART II.  OTHER INFORMATION

Item 1.  Legal Proceedings.

    None.

Item 2.  Changes in Securities.

On June 9, 1997, the Company called for redemption effective June 30, 1997, all
64,546 outstanding shares of its Series AA Preferred Stock ("Series AA 
Shares").  In lieu of redemption, all of the holders of the Series AA Shares 
elected to convert each of their Series AA Shares into 4 shares of Common 
Stock.  In the conversion, the Company issued 258,184 shares of Common Stock as
of June 30, 1997, and relied upon the exemption from registration pursuant to 
Section 3(a)(9) of the Securities Act of 1933.

The Company engaged Innovative Research Associates, Inc. ("IRA") as of April 1,
1997, to provide certain consulting services in connection with Strategia's 
efforts to disseminate information about the Company and its business to the 
United States public securities markets.  The compensation for services to be 
rendered by IRA includes an option to purchase 25,000 shares of Common Stock at
a price of $8.90 per share, exercisable at any time through April 1, 1998.  The
price of the Common Stock at the close of business on April 1, 1997 was $8.75. 
The option contains customary provisions to prevent dilution in the event of 
stock splits, stock dividends and other changes to the Common Stock.  The 
option was issued in reliance upon the exemption from registration pursuant to
Section 4(2) of the Securities Act of 1933.

The Company engaged RAIFINANZ AG, Zurich, Switzerland ("RAI"), as of May 1, 
1997, to provide certain consulting services in connection with Strategia's 
efforts to disseminate information about the Company and its business to 
current shareholders and other interested parties in Europe.  The compensation 
for services to be rendered by RAI includes an option to purchase 90,000 shares
of Common Stock at a price of $8.30 per share, exercisable at any time through 
January 1, 1998.  The price of the Common Stock at the close of business on May
1, 1997 was $7.50.  The option contains customary provisions to prevent 
dilution in the event of stock splits, stock dividends and other changes to the
Common Stock.  The option was issued in reliance upon the exemption from 
registration pursuant to Section 4(2) of the Securities Act of 1933.

During the second quarter, the Company granted employee stock options to 
purchase a total of 115,000 shares of Common Stock to eight employees under the
terms of its 1988 Stock Option Plan.  The exercise price of the options granted
under the Plan is the market price of the Common Stock on the date of the 
grant, and ranged from $8.00 to $15.625 per share for the options granted 
during the quarter.  Options to purchase 10,000 shares at an exercise price of 
$7.25 were issued to one employee during the first quarter.  The Plan also 
provided for an automatic grant of options to purchase 500 shares at $12.50 per
share as of May 15, 1997, to each of the Company's two nonemployee directors.  
The options are subject to vesting and certain other conditions set forth in 
the Plan.  The options granted under the Plan were issued in reliance upon the 
exemption from registration pursuant to Section 4(2) of the Securities Act of 
1933.

Item 3.  Defaults Upon Senior Securities.

    None.

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

    None.



Item 5.  Other Events.

    None.


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 of 1934, the registrant
has caused this amendment to its quarterly report to be signed on its behalf by
the undersigned, hereunto duly authorized.


                                        STRATEGIA CORPORATION


Date:         August 13, 1997             By:  \s\  Richard W. Smith          
                                              Richard W. Smith, President



Pursuant to the requirements of the Securities Exchange Act of 1934, this 
report has been signed by the following persons in the capacities and on the
dates indicated.

<TABLE>

<CAPTION>
        Signature                    Title                      Date
<S>                                  <C>                        <C>
\s\ Richard W. Smith                 President and Director     August 13, 1997
Richard W. Smith                     (Chief Executive Officer)
                                     (Chief Financial Officer) 
                                     (Chief Accounting Officer)

</TABLE>