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 quarterly period ended December 31, 1997

                                         					OR

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

                         		For the period from ______ to ______

                              		Commission File No. 0-11359

                                				LARCAN-TTC INC.
              		(Exact Name of Registrant as Specified in its Charter)

            DELAWARE	                         			52-0854061
   (State or Other Jurisdiction of          			(IRS Employer
   Incorporation or Organization)		             ID Number)

                650 South Taylor Avenue, Louisville, Colorado 80027
            (Address of Principal Executive Offices, Including Zip Code)


                                         (303) 665-8000
                                  (Registrant's Telephone No.)

Indicate by check mark 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 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 [ ]

The number of shares outstanding of the registrant's Common Stock, par value 
$0.04 as of December 31, 1997 was 11,543,934 shares.









                                					LARCAN-TTC INC.


                                      	CONTENTS


			PART I. FINANCIAL INFORMATION                                    	Page

Item 1 Balance Sheets -- December 31, 1997 and June 30, 1997        		3

	      Statements of Operations -- Three months ended December 31,
      	1997 and 1996 and the Six months ended December 31, 1997 and
      	1996                                                   								4

      	Statements of Cash Flows -- Six months ended December 31, 1997
      	and 1996		                                                					5

      	Notes to Financial Statements                             					6

Item 2	Management's Discussion and Analysis of Results of Operations 
      	and Financial Condition                                  						7

                        			PART II. OTHER INFORMATION

Item 1	Legal Proceedings		                                       				9

Item 2	Changes in Securities	                                   					9

Item 3	Defaults on 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	                         			10

	      Signature Page		                                        					11



                                  				LARCAN-TTC INC.
                                 				BALANCE SHEETS
                                    				(Unaudited)
				ASSETS

                                                						December 31,	  June 30,
                                              						    1997  	 1997(restated)

CURRENT ASSETS
  Cash and cash equivalents                         			$    74,000	 $  65,000
  Trade accounts receivable less allowance for 
  doubtful accounts of $187,000 (December) and
  $173,000 (June)				                                      242,000	    378,000
  Accounts Receivable - related party		                     63,000	     96,000
  Inventories (Net)	                               			   1,694,000   1,871,000
  Other						                                               45,000      42,000
     TOTAL CURRENT ASSETS			                             2,118,000	  2,452,000

  Equipment and Improvements			                          1,809,000	  2,034,000
    Less accumulated depreciation and 
    amortization				                                    (1,603,000) (1,772,000)
  Net equipment and Improvements		                         206,000     262,000

  Note Receivable				                                        9,000      13,000
  Other Assets					                                         19,000      20,000

TOTAL ASSETS					                                        2,352,000   2,747,000

                      			LIABILITIES AND STOCKHOLDERS' DEFICIT

CURRENT LIABILITIES
  Line of Credit				                                    $   75,000 $   154,000
  Note Payable					                                         50,000        ---
  Advances from Stockholder			                           6,575,000	  6,475,000
  Accounts Payable-Trade			                                577,000     456,000
  Accounts Payable - related party		                       505,000	     78,000
  Salaries, wages and employee benefits		                  147,000     145,000
  Accrued expenses and other liabilities	                  279,000     158,000
  Accrued warranty and other reserves		                     77,000     110,000
  Accrued interest payable			                              695,000     420,000
  Customer Advances				                                    136,000	    555,000
    TOTAL CURRENT LIABILITIES			                         9,116,000   8,551,000

STOCKHOLDERS' DEFICIT
Preferred stock, $1.00 par value; 1,000,000 shares 
  authorized Series A 5% cumulative convertible, 
  500,000 shares issued and outstanding, liquidation 
  preferences $1.00 per share			                           500,000     500,000
Common stock, $0.04 par value; 30,000,000 shares
  authorized,11,543,934  shares issued		                   462,000	    462,000
Additional paid-in capital			                            4,682,000	  4,694,000
Accumulated deficit				                                (12,398,000)(11,450,000)
Common stock held in treasury, at cost;
  1,796 shares					                                        (10,000)    (10,000)
TOTAL STOCKHOLDERS' DEFICIT			                          (6,764,000) (5,804,000)

TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	             2,352,000	  2,747,000

                        			See note to financial statements




                                    					LARCAN-TTC INC.
                                 				STATEMENTS OF OPERATIONS
                                    					(Unaudited)
                         				 THREE MONTHS ENDED	         SIX MONTHS ENDED
                       			 December 31, December 31,   December 31, December 31,
                     			     1997     1996(restated)     1997    1996(restated)

NET SALES		               $ 809,000    $ 1,638,000    $ 2,426,000  $ 3,164,000

COST OF GOODS SOLD	         750,000      1,585,000      2,109,000    3,077,000

OPERATING EXPENSES:
  Selling, general and 
  administrative            336,000        353,000        673,000      712,000
  Research and
  development               156,000        176,000        307,000      427,000
TOTAL EXPENSES            1,242,000      2,114,000      3,089,000    4,216,000

INCOME (LOSS) FROM 
OPERATIONS                 (433,000)      (476,000)      (663,000)  (1,052,000)

OTHER INCOME (EXPENSE)
  Interest expense         (141,000)      (111,000)      (281,000)    (182,000)
  Other income/(expense)    (31,000)        (2,000)        (4,000)      (5,000)
TOTAL OTHER                (172,000)      (113,000)      (285,000)    (187,000)

NET INCOME (LOSS)        $ (605,000)    $ (589,000)    $ (948,000) $(1,239,000)

Preferred stock dividends     6,000          6,000         12,000       12,000

Net loss applicable to 
  common stockholders    $ (611,000)     $ (595,000)   $ (960,000) $(1,251,000)

BASIC NET INCOME (LOSS)  
PER COMMON SHARE        	$    (0.05)     $    (0.05)   $    (0.08) $     (0.11)

WEIGHTED AVERAGE NUMBER 
OF SHARES OUTSTANDING   11,543,934      11,543,934    11,543,934    11,543,934

                          				See note to financial statements


                                          					LARCAN-TTC INC.
                                 				   STATEMENTS OF CASH FLOWS
                                         					(Unaudited)

                                             						For the Six Months Ended
                                             						  December 31, 	December 31,
                                             						      1997     1996(restated)

Cash flows from operating activities:
Net Loss			                                    		 $  (948,000)   $  (1,239,000)

Adjustments to reconcile net loss to net 
cash (used in) operating activities:
  Depreciation & Amortization	                 		      51,000           40,000
  Provision for losses on A/R			                       14,000          (16,000)
  Provision for losses on inventory                    37,000           41,000
  Gain on sale of fixed assets                        (57,000)            -----
Change in operating assets and liabilities:
  Trade A/R					                                      155,000          651,000
  Inventories					                                    140,000           86,000
  Other Current Assets                                 (3,000)         (21,000)
  Trade A/P					                                      548,000         (678,000)
  Salaries, Wages & Benefits                            2,000          (34,000)
  Accrued Expenses & Other Liabilities		              109,000           23,000
  Accrued Warranty & Other Reserves                   (33,000)          87,000
  Accrued interest payable			                         275,000          174,000
  Customer Advances                                  (419,000)          41,000
  Other						                                           1,000            -----
Total adjustments				                                 820,000          394,000

Net cash used in operating activities                (128,000)        (845,000)

Cash flows from investing activities:
  Purchase. of Equip. & Improvements		                 (4,000)         (70,000)
  Proceeds from sale of  fixed assets                  66,000           -------
  Net change of note receivable                         4,000            3,000
     Net cash provided by /(used in)
     investing activities                              66,000          (67,000)

Cash flows from financing activities:
  Payments on note payable and line-of-credit         (29,000)         (25,000)
  Borrowings from stockholder                         100,000          950,000
     Net cash provided by financing activities         71,000          925,000

Increase in Cash 			                                    9,000           13,000

Cash and cash equivalents at the beginning 
  of the fiscal year                                   65,000           98,000

Cash  and cash equivalents at the end of
  three months                                         74,000          111,000

Supplemental disclosures of cash flow information:
  Cash paid for interest was $6,000 and $8,000 for December 31, 1997 
  and 1996, respectively.

Supplemental disclosure of non-cash financing activities:
  Accrual of undeclared, cumulative preferred stock dividends was $12,000
  and $12,000 for December 31, 1997 and 1996 (as restated), respectively.

                                  			See note to financial statements



                                       					LARCAN-TTC INC.
                                				NOTES TO FINANCIAL STATEMENTS



Reference is made to the financial statements included in the LARCAN-TTC INC.
(the Company) annual report on Form 10-KSB for the year ended June 30, 1997, 
which describes the accounting policies of the Company for annual reporting  
purposes.

The Statement of Operations and the Statement of Cash Flows for the period ended
December 31, 1996 have been restated to reflect the accrual of interest due on 
shareholder notes and the accrual for cumulative dividends on preferred stock 
for the six months ended December 31, 1996.  As referenced in note 12 to the 
financial statements as of June 30, 1997 included in the Company's annual 
report on form 10-KSB, the Company accrued the annual interest payable in the 
fourth quarter of the year ended June 30, 1997.

During the second quarter of fiscal 1998, the Company adopted the provisions
of Statement of Financial Accounting Standard No. 128, Earnings per Share
(FAS 128). FAS 128 established new definitions for calculating and 
disclosing basic and diluted earnings per share.  In accordance with FAS 128,
all prior periods have been restated to conform to the new methodology.  
The restated amounts did not differ materially from amounts previously 
reported.  Additionally, as the Company has losses for all periods presented,
all potential dilutive common shares are antidilutive and therefore no 
diluted earnings per share is presented.

In the opinion of management, the accompanying unaudited financial statements 
contain all adjustments (consisting of only normal recurring accruals) 
necessary to present fairly the Company's financial position, and the results
of its'operations and cash flows for the periods presented.   The results of the
interm period are not necessarily indicative of results to be expected for the  
full year.
																														


























ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND 
	  FINANCIAL CONDITION

Operating Results

Revenues for the six month period ended December 31 have decreased 23% from the
comparable period of the prior year.  The continued uncertainty surrounding 
channel allocations in the television market was a major factor in the revenue 
decline. As market demand remains sluggish both high power and low power 
television shipments have suffered. The drop has been most dramatic in the low 
power market as buying decisions are postponed pending clarification of channel 
assignments.  Market demand for high power transmitters continues to be 
adversely affected by the transition to a digital market.  The traditional low 
power market will consolidate into a replacement market until the transition to
digital service is clarified.  Radio and service revenues are at comparable 
levels to a year ago.

The forecasted trend in revenues is evidenced by the Company's backlog which
has declined by $894,000 (75%) from prior year and by $887,000 (75%) from 
June 30, 1997. As of December 31, 1997, sales booked but not yet shipped were 
$298,000. The backlog for all product lines has decreased from the fiscal year 
ending June 30, 1997,  again reflecting the decrease in new orders.

As revenues have declined the pressure on margins has increased resulting in a 
reduction of average margins during the quarter to 7% from 16% in the prior 
quarter.  Gross margins on a year to year comparison however have risen from an
average of 3% at December 31, 1996 to 13% at December 31, 1997.  Even though a 
mid- teen gross margin percentage continues a favorable trend, the Company 
remains well below the industry standards required for profitability.

Operating expenses have remained consistent quarter to quarter this fiscal year 
but have declined $159,000 (14%) from the six month period ended December 31, 
1996.  The decrease was due primarily to the reduction in engineering project 
spending. 

Interest expense increased under the terms of the interest bearing loan 
agreement with LARCAN.

Other income reflected the sale of excess machine shop equipment no longer 
used in the production process.  The increase in other expenses is a reserve 
provision for a facilities relocation.

Capital Resources

Continued operating losses have increased the working capital deficiency to 
$6,998,000 at December 31, 1997 which is an increase of $899,000 from June 30, 
1997. The reclassification of advances from LARCAN to current liabilities as of
June 1997 unfavorably impacts comparisons with prior year, when the company 
reported working capital of $34,000.

Reflecting the renegotiation of the Company's short term bank borrowings, the 
revolving line of credit was reduced to $75,000 from $150,000 at June 30, 1997 
with $75,000 being converted to a term note payable.  During the quarter the 
balance on the term note payable was reduced to $50,000. The line of credit note
is due June 1, 1998 and the term note expires September 15, 1998.

This forgoing discussion contains certain forward-looking statements within the 
meaning of Section 27A of the Securities Act and Section 21E of the Exchange 
Act which are intended to be covered by the safe harbors created thereby.  
These statements include the plans and objectives of management for future 
operations based on current  expectations that  involve numerous risks and 
uncertainties.  These plans involve judgments with respect to, among other 
things, future economic,competitive and market conditions and future business
decisions, all of which are difficult or impossible to predict accurately and
many of which are beyond the control of the Company.  Although the Company 
believes that the assumptions underlying the forward-looking statements are 
reasonable, any of the assumptions could be inaccurate and, therefore, there
can be no assurance that any forward-looking statements included in this 
10-QSB will prove to be accurate. In light of the significant uncertainties 
inherent in the forward-looking statements included herein, the inclusion of
such information should not be regarded as a representation by the Company or
any other person that the objectives and plans of the Company will be achieved.





                              		PART II.    OTHER INFORMATION


ITEM 1. LEGAL PROCEEDINGS.

None.

ITEM 2. CHANGES IN SECURITIES.

None.

ITEM 3. DEFAULTS ON SENIOR SECURITIES.

None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

None.

ITEM 5. OTHER INFORMATION

Subsequent to June 30, 1997 the Board of Directors of the Company agreed to
a proposed merger between the Company and a wholly owned subsidiary of LARCAN
with the Company as the surviving entity.  Under the terms of the agreement
each outstanding share of Common Stock of the Company (other than those owned
by LARCAN) shall be canceled in exchange for $.0625 which is the price equal
to the trading price for the 30 days preceding the merger agreement.  As a 
result of the merger the Company will become a wholly owned subsidiary of 
LARCAN.  The merger is subject to shareholder approval.  


ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.

(A)             Exhibits

  1.	  Exhibits incorporated by reference

(A)	Articles of Incorporation (1)
(B)	Amendment to Certificate of Incorporation filed March 5, 1987 (4)
(C)	Amendment to Certificate of Incorporation filed July 10, 1990 (6)
(D)	Amendment to Certificate of Incorporation filed June 9, 1992 (8)
(E)	Amendment to Certificate of Incorporation filed February 2, 1994 (9).
(F)	By-Laws (1)
(G)	Amendments to By-Laws dated March 21, 1986 (4)
(H)	Specimen of Common Stock Certificate (1)
(I)	The Television Technology Corporation Employee Stock Ownership Plan,
	as amended and restated (4)
(J)	Television Technology Corporation Stock Option Plan, as amended (4)
(K)	Contract for Technology Transfer and Cooperation - Shina National 
	Electronic Technology Import and Export Corporation and Anshan 
	Broadcasting Equipment Plant (2)
(L)	Real property lease dated July 27, 1987 for Louisville, Colorado 
	facility (5)
(M)	LARCAN stock purchase agreement (9)
(N)	Merger Agreement dated July 17, 1997 (10)
(O)	Loan Agreement made between Larcan Inc. and Larcan TTC Inc. dated 
	August 1, 1996 (10)
(P)	Refinancing Agreement made between Larcan Inc. and Larcan TTC Inc. 
	dated August 1, 1996. (10)
Notes
(1)	These exhibits are incorporated by reference from the corresponding 
	exhibits to the Company's Registration Statement on Form S-18, as 
	amended, SEC File No. 2-84666-D.
(2)	This is incorporated by reference to Form 10-K filed for the year 
	ended June 30, 1986.
(3)	This is incorporated by reference to Form 8-K filed April 7, 1986.
(4)	This is incorporated by reference to Form 10-K filed for the year 
	ended June 30, 1987.
(5)	This is incorporated by reference to Form 10-K filed for the year 
	ended June 30, 1989.
(6)	This is incorporated by reference to Form 10-K filed for the year 
	ended June 30, 1990.
(7)	This is incorporated by reference to Form 10-K filed for the year 
	ended June 30, 1991.
(8)	This is incorporated by reference to Form 10-K filed for the year 
	ended June 30, 1992.
(9)	This is incorporated by reference to Form 10-K filed for the year 
	ended June 30, 1995.
(10)	This is incorporated by reference to Form 10-KSB filed for the year
	ended June 30, 1997.

27.  Financial Data Schedule	

(B)     Reports on form 8-K     
		During the last quarter of the period covered by this report
		 the  registrant did not file any report on Form 8-K.








				SIGNATURES	

Pursuant to the requirements of the Securities Exchange Act of 1934, the 
Registrant has duly caused this report to be signed on its' behalf by the 
undersigned thereunto duly authorized.



                               LARCAN - TTC INC.
		____________________________________________
				(Registrant) 

 


Date: February 12, 1998                          	/s/ G. James Wilson
	G. James Wilson
	Director/President





Date: February 12, 1998                               /s/   Ronald M. Eve
	Ronald M. Eve
	Controller / Corporate Secretary