POWER OF ATTORNEY

           KNOW  ALL MEN BY THESE  PRESENTS,  that  the  undersigned,  Director,
Chairman of the Board and Chief Executive Officer (Principal Executive Officer),
of LYNCH CORPORATION,  an Indiana  corporation,  hereby appoints ROBERT E. DOLAN
and ROBERT A. HURWICH true and lawful  attorneys-in-fact and agents, and each of
them  (with  full  power  to  act   without  the  other)  his  true  and  lawful
attorney-in-fact  and agent, with full power of substitution and resubstitution,
for him and in his name,  place and stead, in any and all  capacities,  to sign,
execute, deliver and file with the Securities and Exchange Commission the Annual
Report on Form 10-K of Lynch  Corporation for the fiscal year ended December 31,
1999, including any and all amendments thereto, granting unto said attorneys and
agents,  and each of them,  full  power to do and  perform  every  act and thing
requisite,  necessary or desirable to be done in connection therewith,  as fully
to all intents and purposes as he might or could do in person,  hereby ratifying
and confirming all that said  attorneys-in-fact  and agents,  or any of them, or
their or his  substitutes or substitute,  may lawfully do or cause to be done by
virtue hereof,  and hereby  revoking all prior  appointments  by him, if any, of
attorneys-in-fact  and  agents  to sign and file the  above-described  document,
including any and all amendments thereto.

           IN WITNESS WHEREOF, he undersigned has hereunto set his hand and seal
on the date set forth below.

DATE: March 22, 2000                  s/ Mario J. Gabelli(L.S.)
                                      -------------------
                                       Mario J. Gabelli


<PAGE>





                                POWER OF ATTORNEY

         KNOW ALL MEN BY THESE PRESENTS,  that the undersigned Director of Lynch
Corporation,  an Indiana  corporation,  hereby  appoints  LOUIS A.  GUZZETTI and
ROBERT A. HURWICH true and lawful attorneys-in-fact and agents, and each of them
(with full power to act without the other) his true and lawful  attorney-in-fact
and agent,  with full power of substitution and  resubstitution,  for him and in
his name, place and stead, in any and all capacities,  to sign, execute, deliver
and file with the Securities  and Exchange  Commission the Annual Report on Form
10-K of Lynch Corporation for the fiscal year ended December 31, 1999, including
any and all amendments  thereto,  granting unto said  attorneys and agents,  and
each of them,  full  power to do and  perform  every  act and  thing  requisite,
necessary  or  desirable  to be done in  connection  therewith,  as fully to all
intents and  purposes as he might or could do in person,  hereby  ratifying  and
confirming all that said  attorneys-in-fact and agents, or any of them, or their
or his substitutes or substitute,  may lawfully do or cause to be done by virtue
hereof,  and  hereby  revoking  all  prior  appointments  by  him,  if  any,  of
attorneys-in-fact  and  agents  to sign and file the  above-described  document,
including any and all amendments thereto.

         IN WITNESS WHEREOF,  the undersigned has hereunto set his hand and seal
on the date set forth below.

DATE: March 22, 2000                s/ Ralph R. Papitto        (L.S.)
                                    ---------------------------
                                       Ralph R. Papitto

<PAGE>





                                POWER OF ATTORNEY

         KNOW ALL MEN BY THESE PRESENTS,  that the undersigned Director of Lynch
Corporation,  an Indiana  corporation,  hereby  appoints  LOUIS A.  GUZZETTI and
ROBERT A. HURWICH true and lawful attorneys-in-fact and agents, and each of them
(with full power to act without the other) his true and lawful  attorney-in-fact
and agent,  with full power of substitution and  resubstitution,  for him and in
his name, place and stead, in any and all capacities,  to sign, execute, deliver
and file with the Securities  and Exchange  Commission the Annual Report on Form
10-K of Lynch Corporation for the fiscal year ended December 31, 1999, including
any and all amendments  thereto,  granting unto said  attorneys and agents,  and
each of them,  full  power to do and  perform  every  act and  thing  requisite,
necessary  or  desirable  to be done in  connection  therewith,  as fully to all
intents and  purposes as he might or could do in person,  hereby  ratifying  and
confirming all that said  attorneys-in-fact and agents, or any of them, or their
or his substitutes or substitute,  may lawfully do or cause to be done by virtue
hereof,  and  hereby  revoking  all  prior  appointments  by  him,  if  any,  of
attorneys-in-fact  and  agents  to sign and file the  above-described  document,
including any and all amendments thereto.

         IN WITNESS WHEREOF,  the undersigned has hereunto set his hand and seal
on the date set forth below.

DATE: March 22, 2000                s/ Avrum Gray            (L.S.)
                                    -------------------------
                                       Avrum Gray



<PAGE>

                                POWER OF ATTORNEY

         KNOW ALL MEN BY THESE PRESENTS,  that the undersigned Director of Lynch
Corporation,  an Indiana  corporation,  hereby  appoints  LOUIS A.  GUZZETTI and
ROBERT A. HURWICH true and lawful attorneys-in-fact and agents, and each of them
(with full power to act without the other) his true and lawful  attorney-in-fact
and agent,  with full power of substitution and  resubstitution,  for him and in
his name, place and stead, in any and all capacities,  to sign, execute, deliver
and file with the Securities  and Exchange  Commission the Annual Report on Form
10-K of Lynch Corporation for the fiscal year ended December 31, 1999, including
any and all amendments  thereto,  granting unto said  attorneys and agents,  and
each of them,  full  power to do and  perform  every  act and  thing  requisite,
necessary  or  desirable  to be done in  connection  therewith,  as fully to all
intents and  purposes as he might or could do in person,  hereby  ratifying  and
confirming all that said  attorneys-in-fact and agents, or any of them, or their
or his substitutes or substitute,  may lawfully do or cause to be done by virtue
hereof,  and  hereby  revoking  all  prior  appointments  by  him,  if  any,  of
attorneys-in-fact  and  agents  to sign and file the  above-described  document,
including any and all amendments thereto.

         IN WITNESS WHEREOF,  the undersigned has hereunto set his hand and seal
on the date set forth below.

DATE: March 22, 2000                s/ E. Val Cerutti           (L.S.)
                                    ----------------------------
                                       E. Val Cerutti


<PAGE>