SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 10-Q


+---+
| x |    QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE
+---+    SECURITIES EXCHANGE ACT OF 1934

For the quarterly period June 30, 2001

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 no. 0-3677
                                               ------

                                  DATATAB, INC.
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


           NEW YORK                                       13-1917838
--------------------------------------------------------------------------------
(State or other jurisdiction of             (I.R.S. Employer Identification No.)
 incorporation or organization)


49 EAST 21ST STREET, NEW YORK, NEW YORK                         10010
--------------------------------------------------------------------------------
(Address of principal executive offices)                      (Zip Code)


Registrant's telephone number, including area code:  (212) 228-6800
                                                     --------------

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 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 SHARES $1.00 PAR VALUE - 705,836 SHARES OUTSTANDING AS OF
              August 15, 2000 (EXCLUSIVE OF 83,119 SHARES IN TREASURY)


<PAGE>

<TABLE>
<CAPTION>


                         DATATAB, INC. AND SUBSIDIARIES

                           CONSOLIDATED BALANCE SHEET

                                     ASSETS
                                                           JUNE 30  DECEMBER 31,
                                                          --------  ------------
                                                              2001       2000
                                                          --------  ------------
                                                           (UNAUDITED)
Current assets:
<S>                                                       <C>        <C>
         Cash ............................................   $  5,584   $    986
         Accounts receivable .............................     21,668     13,050
         Receivable from Data Probe, Inc. ................    116,614    105,161
         Inventories of work in process ..................      1,175      1,175
         Prepaid expenses and other current
                  assets .................................        102        --
                                                             --------   --------
                           Total current assets ..........    145,143    120,372


         Furniture, fixtures, equipment and
                  improvements (at cost, less
                  accumulated depreciation of
                  $126,168 in 2001 and $125,563
                  in 2000)  ..............................        512        790
         Other assets ....................................        170        170
                                                             --------   --------
                           Total .........................   $145,825   $121,332
                                                             ========   ========

</TABLE>

(Continued)


<PAGE>


<TABLE>
<CAPTION>


                        DATATAB, INC. AND SUBSIDIARIES

                           CONSOLIDATED BALANCE SHEET

                                   LIABILITIES

                                                        JUNE 30,     DECEMBER 31,
                                                       ---------     ------------
                                                          2001            2000
                                                       ---------     ------------
                                                      (UNAUDITED)

Current liabilities:
<S>                                               <C>            <C>
         Accounts payable ........................   $    47,637    $    26,510
         Accrued expenses and taxes ..............       124,262        109,934
         Customer advances .......................       145,000        145,000
                                                     -----------    -----------
              Total current liabilities ..........       316,899        281,444

Other liabilities ................................        10,600         10,600
                                                     -----------    -----------
              Total liabilities ..................       327,499        292,044
                                                     -----------    -----------


                              STOCKHOLDERS' EQUITY

Preferred shares - authorized 500,000
          shares, par value $1 a share;
          none issued ............................          --             --

Common shares - authorized 2,000,000
         shares, par value $1 a share;
         issued 788,955 (including
         shares held in treasury) ................       788,955        788,955

Additional paid in capital .......................     2,490,471      2,490,471

Deficit ..........................................    (3,329,643)    (3,318,681)
                                                     -----------    -----------
                                                         (50,217)       (39,255)
Less cost of 83,119 common shares
         held in treasury ........................       131,457        131,457
                                                     -----------    -----------
           Total Shareholders' Equity ............      (181,674)      (170,712)
                                                     -----------    -----------
TOTAL ............................................   $   145,825    $   121,332
                                                     ===========    ===========

</TABLE>

                 See accompanying notes to financial statements


<PAGE>


<TABLE>
<CAPTION>


                         DATATAB, INC. AND SUBSIDIARIES

                      CONSOLIDATED STATEMENT OF OPERATIONS
                                 (NOTES A AND B)
                                   (UNAUDITED)

                                                                                Six Months Ended
                                                                                     June 30,
                                                                             -----------------------
                                                                               2001         2000

<S>                                                                       <C>          <C>
Sales ...........................................                            $ 386,830    $ 371,288
Cost of sales ...................................                              318,514      311,958
                                                                             ---------    ---------
Gross profit ....................................                               68,316       59,330

Selling and administrative
           expenses .............................                               86,695       76,931
                                                                             ---------    ---------
(Loss) from operations ..........................                              (18,379)     (17,601)

Interest income .................................                                7,417       12,740
Profit from investments .........................                                 --          2,079
                                                                             ---------    ---------
(Loss) Profit before
           provision for income taxes ...........                     $        (10,962) $    (2,782)

Income tax provision ............................                                 --           --
                                                                             ---------    ---------
Net(Loss) .......................................                            $ (10,962)   $  (2,782)
                                                                             =========    =========

(Loss) Profit per share .........................                     $          (.02) $        .00
                                                                             =========    =========
Weighted average number
           of shares outstanding ................                              705,836      705,836
                                                                             =========    =========

Dividends per share .............................                                NONE         NONE
                                                                             =========    =========

</TABLE>



                   The attached notes are made a part hereof.

                          ----------------------------
<PAGE>



<TABLE>
<CAPTION>
                         DATATAB, INC. AND SUBSIDIARIES

                      CONSOLIDATED STATEMENT OF OPERATIONS
                                 (NOTES A AND B)
                                   (UNAUDITED)
                                                      Three Months Ended
                                                           June 30,
                                                    ----------------------
                                                      2001          2000
                                                    ---------    --------

<S>                                              <C>          <C>
Sales ...........................................   $ 226,210    $228,584
Cost of sales ...................................     227,830     187,412
                                                    ---------    --------
Gross profit ....................................      (1,620)     41,172

Selling and administrative
           expenses .............................      49,200      37,706
                                                    ---------    --------
Profit from operations ..........................     (50,820)      3,466

Interest income .................................       5,180       7,149
Profit from investments .........................        --         2,079
                                                    ---------    --------
Profit (loss) before
           provision for income taxes ...........   $ (45,640)   $ 12,694

Income tax provision ............................        --          --
                                                    ---------    --------
Net (Loss) profit ...............................   $ (45,640)   $ 12,694
                                                    =========    ========

(Loss) Profit per share .........................   $    (.06)   $    .02
                                                    =========    ========
Weighted average number
           of shares outstanding ................     705,836     705,836
                                                    =========    ========

Dividends per share .............................        NONE        NONE
                                                    =========    ========

</TABLE>




                   The attached notes are made a part hereof.
                          ----------------------------

<PAGE>





         Management's discussion and analysis of financial condition and
            results of operations is included on the following page.



                         DATATAB, INC. AND SUBSIDIARIES

                MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                       CONDITION AND RESULTS OF OPERATIONS

RESULTS OF OPERATIONS

         Revenue for the six months period ended June 30, 2001 increased by 1.0%
to $386,830 as compared to $371,288 for the corresponding period of 2000.
Revenue for the three months period ended June 30, 2001 decreased 1.0% to
$226,210 as compared to $228,584 for the corresponding period of 2000. There was
no significant increase or decrease in revenue during the six months period or
the three months period ending June 2001.

         There was an increase of $40,418 in Cost of Sales during the second
quarter of the current fiscal year. This increase was due to cost overruns
associated with a large project received from a new client. Overall, there was a
marginal increase of $6,556 in the Cost of Sales during the first six months of
the fiscal year.

         Selling and Administrative expenses were higher during the six months
period ending June 30, 2001 as compared to the similar period of 2001. This
increase was mainly due to finance costs associated with advances made to the
company.

         Interest revenue was lower during the six months period ending June 30,
2001 when compared to the similar period of 2000. The majority of the interest
income currently being recognized is from Data Probe, Inc. due to Registrant's
accounts receivable from Data Probe, Inc. (See NOTE F of "Notes to Form 10-Q"
contained in this report for additional information). During the second quarter
of the previous fiscal year the Registrant took advantage of an increase in the
value of an investment. The liquidation of that investment resulted in a gain of
$2,079.

         The Registrant had a loss of ($10,962) during the six months period
ending June 30, 2001 as compared to a loss of ($2,782) in the similar period of
2000. During the three months period ending June 30, 2001 the Registrant had a
loss of ($45,640) as compared to a profit of $12,694 for the same period of
fiscal year 2000.




(Continued)


<PAGE>



                         DATATAB, INC. AND SUBSIDIARIES

                MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
                       CONDITION AND RESULTS OF OPERATIONS

YEAR 2000 COMPLIANCE

         After a review of the Registrant's software, services and internal
systems it was concluded that the software and services provided by the
Registrant are Year 2000 compliant. The Registrant has, also, upgraded its
accounting and payroll systems to be fully compliant under the Year 2000
requirements.

         To date, the Registrant has not found any area where a Year 2000
compliance problem, with either its internal systems or outside providers, could
have a material adverse impact on any part of the Registrant's business
operations.

CAPITAL EXPENDITURES

         The Registrant did not incur any capital expenditures in the first six
months of 2001 and does not anticipate adding any material capital assets for
the balance of fiscal year 2001.

LIQUIDITY AND CAPITAL RESOURCES.

         Working capital decreased by $16,684 in the first six months of 2001,
from a deficit of ($161,072) at December 31, 2000 to a deficit of ($171,756) at
June 30, 2001.

         From time to time the Registrant receives cash advances and deposits
from clients in association with various projects. There is no assurance that
the stream of sales and revenue from the Registrant's existing clients will
continue. If the current level of revenues cannot be sustained then the
Registrant once again will realize losses. Should the losses reoccur, the
Registrant's ability to continue to operate would be severely affected in the
absence of securing some type of supplemental financing, the availability of
which there can be no assurance.



<PAGE>

<TABLE>
<CAPTION>

                         DATATAB, INC. AND SUBSIDIARIES

                             CONSOLIDATED STATEMENT
                                   CASH FLOWS
                                 (NOTES A AND B)
                                   (UNAUDITED)

                                                         Six Months Ended
                                                         ----------------
                                                              June 30,
                                                        2001          2000
                                                        ----          ----

<S>                                                   <C>        <C>
Cash flows (used) provided
  from operating activities:

Net (loss) profit ..........................          $(10,962)   $ ( 2,782)

Adjustments to reconcile net (loss) to
  net cash provided by operating activities:

  Depreciation and amortization ............               278         327
  (Increase)Decrease in accounts receivable             (8,618)     (8,165)
  Increase (Decrease)in prepaid expenses and
           other assets ....................              (102)       --
  Increase in accounts payable .............            21,127       7,254
  (Increase) Decrease in accrued expenses
           and taxes .......................            14,328        (951)
  (Decrease) Increase in customer deposits .              --       (83,100)
                                                      --------    --------
Net cash flow provided from (used in)
     Operating activities ..................          $ 16,051    $(87,417)
                                                      --------    --------
   Cash flows (used) provided by
     investing activities:
  Payments (to) from an affiliate ..........           (11,453)      2,202
                                                      --------    --------
     Net cash flow provided (used) by
              investing activities .........            11,453       2,202
                                                      --------    --------
Cash flows provided by financing activities:
           Decrease in other assets ........              --           527
                                                      --------    --------
           Net cash flow provided
        by financing activities ............              --          --
                                                      --------    --------
Net increase (Decrease) in cash ............          $  4,598     (84,688)

Cash at beginning of period ................               986      90,015
                                                      --------    --------
Cash at end of period ......................          $  5,584    $  5,327
                                                      ========    ========

</TABLE>

           The notes to financial statements are made a part hereof.


<PAGE>


                         DATATAB, INC. AND SUBSIDIARIES

                               NOTES TO FORM 10-Q
                                   (UNAUDITED)

(NOTE A):

         The financial information contained in this Form 10-Q represents
condensed financial data and, therefore, does not include all footnote
disclosures required to be included in financial statements prepared in
conformity with generally accepted accounting principles. Such footnote
information was included in the Registrant's annual 10K report to the SEC for
the year ended December 31, 2000; the condensed financial data included herein
should be read in conjunction with that report.

         (NOTE B): (1) In management's opinion, all necessary adjustments have
been made in order to present fairly the consolidated results of operations for
the interim periods.

         (2) The results of operations for the interim period ending June 30,
2001 are not necessarily indicative of the results of operations for the year
ending December 31, 2001.

         (NOTE C): Profit and loss per share is based on the average number of
shares of common stock outstanding during each period after deducting treasury
shares and taking into consideration the dilutive effect of outstanding stock
options when applicable.

         (NOTE D):

         At December 31, 2000, for financial accounting and income tax purposes,
the Registrant had $1,433,000 of net operating loss carry forwards. $175,000
will expire in 2001, $199,000 in 2002, $120,000 in 2003, $87,000 in 2004, $
94,000 in 2005, $84,000 in 2006, and the balance in 2007 and thereafter.

(NOTE E):
                     Inventories are summarized as follows:

                                         June 30, 2001      December 31, 2000
                                       -----------------    -----------------
Work in process . . . . . . .          $      1,175              $     1,175
                                       ==================   =================

(NOTE F:)

                Data Probe, Inc., the majority stockholder, is indebted to the
Registrant for advances made. At June 30, 2001 that indebtedness was $116,614
and was evidenced by a demand note bearing interest at 2% above the prime rate.

                For the six months ended June 30, 2001, Data Probe, Inc. charged
the Registrant $208,013 for services rendered and $34,117 in rent related
expenses. In addition, the Registrant charged Data Probe, Inc. in the same six
months period, $7,417 for interest, and $217,336 for services rendered.




                                     PART II

Item 1. Legal Proceedings.

                     NONE




<PAGE>



                                   SIGNATURES


                     Pursuant to the requirements of Section 13 or 15(d) 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.


                                               DATATAB, INC.

Dated:  August 14, 2001                   By:  /s/ Yitzhak N. Bachana
                                               -------------------------
                                               Yitzhak N. Bachana,
                                               President



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



Dated:  August 14, 2001                       /s/ Yitzhak N. Bachana
                                              -------------------------------
                                              Yitzhak N. Bachana, President,
                                              Treasurer, Principal Executive
                                              Officer, Principal Financial
                                              Officer, Director





                                   SIGNATURES
                                   ----------



                     Pursuant to the requirements of Section 13 or 15(d) 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.


                                                   DATATAB, INC.

Dated:  August 14, 2001                   By:     /s/ Yitzhak N. Bachana
                                                  --------------------------
                                                  Yitzhak N. Bachana,
                                                  President



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




Dated:  August 14, 2001                           /s/ Yitzhak N. Bachana
                                                  ----------------------------
                                                  Yitzhak N. Bachana, President,
                                                  Treasurer, Principal Executive
                                                  Officer, Principal Financial
                                                  Officer, Director