U.S. Securities and Exchange Commission
	Washington D.C. 20549

	Form 10-QSB
[x] Quarterly Report Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934.

	For the Quarter Ended September 30, 2000

	OR

	[ ] Transition Report Pursuant to Section 13 or 15 (d) or the
	Securities Exchange Act of 1934.

	Commission File Number 33-65573


	Sportsman's Wholesale Company
	(name of small business issuer as specified in its charter)

	Nevada							84-1408762
(State of other jurisdiction				(I.R.S. employer
 incorporation or organization)			 identification No.)

	1065 West 1150 North, Provo, UT 84601
	(Address of principal executive offices)

Registrant's telephone no., including area code: (801) 377-0306

Former name, former address, and former fiscal year, if changed
since last report.
	55 West 200 North #3
	Provo, UT 84601
	(801) 377-1758

Securities registered pursuant to Section 12(b) or
the Exchange Act:
	None

Securities registered pursuant to Section 12(g) or
the Exchange Act:
	None

Check whether the Issuer (1) has filed all reports required
to be filed by Section 13 or 15 (d) or the 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	X	No	______

Common Stock outstanding at November 9, 2000 - 1,603,500 of
$0.0001 par value Common Stock.


<PAGE>
PART 1	FINANCIAL INFORMATION
Item 1	Financial Statements

The Financial Statements of the Registrant required to be
filed with this 10-QSB Quarterly Report were prepared by
management together with Related Notes.  In the opinion of
management, the Financial Statements fairly present the
financial condition of the Registrant.

	SPORTSMAN'S WHOLESALE COMPANY
<TABLE>
	CONDENSED CONSOLIDATED BALANCE SHEETS
	[Unaudited]
<S>									     <C>
               							September 30, 2000
ASSETS		             				--------------
CURRENT ASSETS:
	Cash				             		$    3,427
	Supplies							     5,000
	Inventory					                 6,793
	Accounts Receivable			                 9,131
							            -------------
		Total Current Assets		            $   24,351

PROPERTY PLANT & EQUIPMENT
		Total Property Plant & Equip.	            $   25,080

							            -------------
TOTAL ASSETS:					            $   49,431

	LIABILITIES AND STOCKHOLDERS' EQUITY

							            June 30, 2000
CURRENT LIABILITIES:				            ---------------

	Accounts Payable				            $       307
	Accrued Expenses						$     3,515
	Short-term N/P 							2,750
	 						            _______________
		  Total Current Liabilities	            $     6,572

STOCKHOLDERS' EQUITY
	Common Stock, $.0001 par value
	 50,000,000, 1,603,500 issued
	 and outstanding.				  	              165
	Additional paid in capital		                153,965
	Accumulated deficit			               (111,271)
							            _______________
	 Total Stockholders' Equity		           $     42,859

TOTAL LIABILITIES & EQUITY			           $     49,431
</TABLE>
The accompanying notes are an integral part of these financial statements.



	SPORTSMAN'S WHOLESALE COMPANY
<TABLE>
	CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
	[Unaudited]

					For the Three	For the Three
					Months Ended	Months Ended
					Sept. 30,2000	Sept. 30, 1999
					_____________	______________
<S>					<C>			<C>
REVENUE:
	Clays 			$   3,420		$    2,730
	Cost of Goods Sold	      624		       515
					_____________	______________
	Total Revenue		$   2,796		$    2,215


EXPENSES:
	General and
	Administrative Expenses    (1,583)		$   (7,748)
	Interest Expense		        -			  (0)
					_____________	______________
     Loss before income taxes	   (1,810)		    (7,748)

Provision for income taxes		  0			   0
					_____________	_______________
NET LOSS				$   1,213		$   (5,553)

Net Loss Per Share -
	basic and diluted		     (.00)		      (.00)

Weighted Average per share
	basic and diluted 	1,573,000 	       1,504,000
</TABLE>
The accompanying notes are an integral part of these financial statements.


<PAGE>
	SPORTSMAN'S WHOLESALE COMPANY
<TABLE>
	CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
	[Unaudited]

					For the Six		For the Six
					Months Ended	Months Ended
					Sept.30, 2000	Sept. 30, 1999
					_____________	______________
<S>					<C>			<C>
REVENUE:
	Clays 			$    7,662		$    4,836
	Cost of Goods Sold	     4,263		       790
					_____________	______________
	Total Revenue		$    3,399		$    4,046

EXPENSES:
	General and
	Administrative Expenses    (24,824)		$  (19,524)
	Interest Expense			  -			  (0)
					_____________	______________
     Loss before income taxes	   (24,824)		   (15,477)

Provision for income taxes		   0			   0
					_____________	_______________
NET LOSS				$  (21,425)		$  (15,477)

Net Loss Per Share -
	basic and diluted		      (.00)		      (.00)

Weighted Average per share
	basic and diluted 	 1,608,500		 1,504,000
</TABLE>
The accompanying notes are an integral part of these financial statements.


	SPORTSMAN'S WHOLESALE COMPANY
<TABLE>
	Condensed Consolidated Statement of Cash Flows
						(Unaudited)

						   		For the Six
						   	   	Months Ended
						     		  Sept. 30   								  		2000	 	   1999    <S>								   <C>	    <C>
Cash flows to operating activities:
	Net income (loss)		    			$ (21,425 )   (6,438)
	Adjustments to reconcile
	net loss to net cash used
	 in operating activities:
		Depreciation	        		     1667	     108
Increase in inventory			                (1067)	    (494)

Decrease in:
	Accounts Receivable			 	        0
Increase in	Accounts payable and
      accrued expenses                                717	   2,551
								________      ________
		Net cash used in
		operating activities                $ (15,108)	$(11,688)


CASH FLOWS FROM INVESTING ACTIVITIES:
	Purchase of PP&E		     				-	     	-
	Related Party Receivable			    8,740		-
   								-----------	  ----------
	Net cash used in
		investing activities			    8,740		-

CASH FLOWS FROM FINANCING ACTIVITIES:
	Proceeds from related notes payable		     2750	  14,000
		Increase in Paid-in-Capital 			  5
Net (decrease)/increase in
		 cash 				   $   ( 13,613)	   2,312

Cash, beginning of period	   			$  17,040	   3,510
								________   	 ________
Cash, end of period		   			$   3,427	   6,822
</TABLE>













	SPORTSMAN'S WHOLESALE COMPANY


NOTES TO UNAUDITED CONDENSED & CONSOLIDATED FINANCIAL STATEMENTS

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Condensed Financial Statements - The accompanying financial
statements have been prepared by the Company without audit.
In the opinion of management, all adjustments (which include
only normal recurring adjustments) necessary to present fairly
the financial position and results of operations at September 30,
2000 and for all the periods presented have been made.

Organization - Sportsman's Wholesale Company (Sportsman's)
was incorporated under the laws of the state of Nevada in
March of 1996.  Cap's Sporting Goods Wholesale, Inc.
(Cap's) was incorporated under the laws of the state of
Utah in February 1998.

From March 1996 until February 5, 1998 (date of inception)
Sportsman's was an inactive company.  On February 5, 1998,
Sportsman's became a development stage enterprise as defined
in Statement of Financial Accounting Standards No. 7, "Auditing
and Reporting by Development Stage Enterprises."  During the
year ended December 31, 1999, the Company is no longer considered
to be in the development stage.

On April 30, 1998, Sportsman's and Cap's entered into an
agreement and plan of share exchange, whereby the sole
shareholder of Cap's would exchange all of the issued and
outstanding common stock held in Cap's, for common stock of
Sportsman's.  At the time of the exchange, both Sportsman's
and Cap's were owned by the same individual.  The exchange
resulting in 1,000,000 shares of Cap's common stock being
exchanged for 1,000,000 shares of Sportsman's common stock.

NOTE 2 - GOING CONCERN

The accompanying consolidated financial statements have been
prepared assuming that the Company will continue as a going
concern.  As of June 30, 2000, the Company had an accumulated
deficit and incurred a loss.  These conditions raise substantial
doubt about the consolidated financial statements do not
include any adjustments that might result from the outcome
of this uncertainty.

The Company's ability to continue as a going concern is subject
to the attainment of profitable operations or obtaining
necessary funding from outside sources.  Management is in
the process of pursuing business opportunities to provide
sufficient cash flows to meet the Company's obligations.
It is not know whether management will be successful in
these endeavors.

NOTE 3 - RELATED PARTY RECEIVABLES

The related party receivables consist of receivables from
an entity owned by a shareholder of the Company.  The nots
are unsecured, bear interest at 12% and are due of April 30,
2000.


NOTE 4 - COMMON STOCK

On January 15, 1998 the company issued 500,000 shares in
consideration for $500.00 at a par value of $.001 to Fred L.
Hall, the sole officer and director of the company.

On February 19, 1998 Cap's Sporting Goods issued 1,000,000
shares of common stock in consideration of $1,000.00 at a par
value of $.001 to Mr. Hall, the Company's sole officer and
director.

On March 16, 1998 the company amended its Articles of
Incorporation to change the par value of it's common stock
from .001 to .0001.

In April 1998, Sportsman's acquired Cap's bringing the total
outstanding shares of common stock of Sportsman's Wholesale
Company to 1,500,000.

During late June of 1998, 3,500 additional restricted common
shares of Sportsman's were issued in consideration of $2,625,
to three other investors in a private offering.

On July 15, 1999 the Company closed its public stock offering
and issued 100,000 shares of stock in consideration of $150,000
at a par value of .0001.


NOTE 5 - SUPPLEMENTAL CASH FLOW DISCLOSURE

The Company paid no interest or income taxes during the first
quarter of 2000. During the first quarter of 1999, the Company
did not pay any income taxes but paid $948 in interest.

	ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF
OPERATION

Plan of Operation

In December, 1998, the Company entered into an agreement with
a local Utah shooting club to acquire the club's shooting
facilities for approximately $20,000 cash, contingent on the
completion of its public offering.  Subsequently, the shooting
sports facilities were purchased on August 4, 1999 for $17,425.
This acquisition gives Sportsman's its first outlet for shooting
sports products. At the time of the acquisition of the sport
shooting facilities the Company entered into an agreement with
the shooting club that in exchange for 30% of the gross revenues
the hunting club would provide all hourly labor and landowner
fees.  The Company will bill the club monthly with the
understanding that the outstanding receivables will be due
the following year by April 30th. The facility is open to
the public every Tuesday and the first two Saturdays of each
month.  It is open additionally for special events and
tournaments.

The Company has completed one skeet field and is in the
process of completing the second skeet field and has
purchased an additional sporting clays equipment for use
and resale and a cost of $5,000.  The Company intends to
open on specific days each week for public use of these
facilities.   Additionally, the Company intends to market
directly to different Boy Scout troops in the local area
that would be interested in earning their marksmanship and
archery badges.

Liquidity

The Company currently has $3,427 in cash, all of which is
available for the Company to use at its discretion.
Management believes that it has most of the equipment it
needs to adequately market its business and does not
foresee any large expenditures in the future.


	Results of Operations
	Three-month and Six-month period ended September 30, 2000
and September 30, 1999

For the three month period ended September 30, 2000 and 1999
the Company incurred $3,399 and $15,477, respectively, in
general and administrative expenses.  The expenses in the
third quarter of 2000 were related mostly to the day to day
operation of the business whereas, the third quarter of 1999's
expenses were related to the Company's SB2 offering.  The
Company also generated $(21,425) in net revenues for the
third quarter of 2000 as a result of operations for the Company.

PART II	OTHER INFORMATION
			None

ITEM 1	LEGAL PROCEEDINGS
			None

ITEM 2	CHANGE IN SECURITIES
			None

ITEM 3	DEFAULTS ON SENIOR SECURITIES
			None

ITEM 4	SUBMISSION ON MATTERS TO A VOTE OF SECURITY HOLDERS
			None

ITEM 5	OTHER INFORMATION
			None

ITEM 6	EXHIBITS AND REPORTS ON FORM 8-K
			(a)	Exhibits
			None


			(b)	Reports on Form 8-K
			None


<PAGE>
	SIGNATURES

Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this report to be s
igned on its behalf by the undersigned, hereunto duly
authorized.

	SPORTSMAN'S WHOLESALE COMPANY

Date:	11/20/00		By	/s/ Fred L. Hall,
					CEO/President