U.S. 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 Quarter ended December 31, 2000

                                       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 1-11568

                              TEKINSIGHT.COM, INC.
             (Exact Name of Registrant as Specified in its Charter)


         Delaware                                                    95-4228470
         --------                                                    ----------
(State or other jurisdiction of                                  (I.R.S Employer
  incorporation or organization)                             Identification No.)


                          18881 Von Karman Avenue, #250
                                Irvine, CA 92612
               (Address of principal executive offices) (Zip code)

        Registrant's telephone number, including area code (949) 955-0078
                                                           --------------

     Check 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,  and (2) has been subject to such filings  requirements for
the past 90 days. Yes X No ___

     The number of shares  outstanding of the issuer's Common Stock,  $.0001 par
value, as of February 1, 2001 was 16,423,350.


<PAGE>



                      TEKINSIGHT.COM, INC. AND SUBSIDIARIES

                                      INDEX

PART I - FINANCIAL INFORMATION

                                                                            Page
                                                                          Number

Item 1 - Consolidated Financial Statements

         Consolidated Balance Sheet - December 31, 2000
              and June 30, 2000                                                3

         Consolidated Statement of Operations - For the three
              and six months ended December 31, 2000 and 1999                  4

         Consolidated Statement of Cash Flows - For the

              six months ended December 31, 2000 and 1999                      5

         Notes to Consolidated Financial Statements                       6 - 10

Item 2 - Management's Discussion and Analysis of Financial
                  Condition and Results of Operation                     11 - 13


PART II - OTHER INFORMATION                                              13 - 15
         Item 1. Legal Proceedings
         Item 5. Other Information
         Item 6.  Exhibits

SIGNATURE                                                                     16






                                       2
<PAGE>

                      TEKINSIGHT.COM, INC. AND SUBSIDIARIES

                           CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                                        Unaudited                    Audited
                                                                                       December 31,                 June 30,
                                                       ASSETS                              2000                       2000
                                                       ------
                                                                                  -----------------------     ----------------------
<S>                                                                             <C>                             <C>
CURRENT ASSETS:
      Cash                                                                        $            2,499,000      $           3,961,000
      Accounts receivable, net of allowance for doubtful accounts $248,000
          and $123,000 as of December 31, 2000 and June 30, 2000 respectively                  7,474,000                    349,000
      Prepaid expenses and other assets                                                        1,513,000                    380,000
                                                                                  -----------------------     ----------------------
               TOTAL CURRENT ASSETS                                                           11,486,000                  4,690,000

LONG-TERM NOTE RECEIVABLE                                                                      1,800,000                  1,800,000

INVESTMENTS - Marketable Securities                                                            1,215,000                  3,629,000

PROPERTY AND EQUIPMENT,
      net of accumulated depreciation of $2,160,000 and $80,000, respectively                    616,000                    112,000

CAPITALIZED SOFTWARE COSTS, net                                                                1,109,000                  1,100,000

ACQUIRED CUSTOMER LIST, net of accumulated amortization of $579,070                           10,231,000                          -

PURCHASED SOFTWARE, net of accumulated amortization $65,250                                      625,000                          -

INTANGIBLE ASSETS, net of accumulated                                                          8,020,000                  1,148,000
      amortization of $177,443

INVESTMENT IN SUBSIDIARY AT COST                                                                 316,000                          -

DEPOSITS AND OTHER ASSETS                                                                        717,000                     46,000
                                                                                  -----------------------     ----------------------
                                                                               $              36,135,000   $             12,525,000
                                                                                  =======================     ======================


                                        LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILTIES:
      Accounts payable                                                         $               6,690,000   $                770,000
      Line of Credit                                                                           3,385,000                          -
      Deferred Maintenance                                                                     1,662,000                          -
      State audit reserves                                                                     1,757,000
      Accrued expenses                                                                         3,500,000                  2,119,000
                                                                                  -----------------------     ----------------------
               TOTAL CURRENT LIABILITIES                                                      16,994,000                  2,889,000
                                                                                  -----------------------     ----------------------
LONG TERM NOTES PAYABLE, net of current portion                                                   18,000                     18,000
                                                                                  -----------------------     ----------------------
MINORITY INTEREST IN SUBSIDIARY                                                                  224,000                          -
                                                                                  -----------------------     ----------------------
COMMINTMENTS AND CONTINGENCIES

STOCKHOLDERS' EQUITY:
      Preferred stock, $.0001 par value,  10,000,000 shares authorized,
         2,189,800 issued and outstanding as of December 31, 2000.                                 1,000                          -
      Common stock, $.0001 par value,  100,000,000 shares authorized,
         16,423,350 and 16,293,620 shares issued and outstanding as
        of December 31, 2000 and June 30, 2000.                                                    2,000                      2,000
      Additional paid-in capital                                                              36,191,000                 20,763,000
      Unrealized (loss) gain on securities                                                    (1,005,000)                   964,000
      Accumulated deficit                                                                    (16,290,000)               (12,111,000)
                                                                                  ------------------------    ----------------------
               TOTAL STOCKHOLDERS' EQUITY                                                     18,899,000                  9,618,000
                                                                                  -----------------------     ----------------------
               TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY                      $              36,135,000   $             12,525,000
                                                                                  =======================     ======================
</TABLE>

                 See notes to consolidated financial statements

                                       3
<PAGE>



                      TEKINSIGHT.COM, INC. AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF OPERATIONS

                                   (Unaudited)

<TABLE>
<CAPTION>
                                                               For the Three Months Ended             For the Six Months Ended
                                                            December 31,        December 31,       December 31,       December 31,
                                                           ---------------- --- --------------    ---------------- -- -----------

                                                                2000                1999               2000               1999
                                                           ----------------     --------------    ----------------    -----------

<S>                                                   <C>                  <C>               <C>                 <C>

REVENUES:

     Product Revenue                                    $        5,131,000   $              -  $        9,515,000  $              -
     Service Revenue                                             5,574,000            474,000           9,337,000           962,000
                                                           ----------------     --------------    ----------------    --------------
              Total revenues                                    10,705,000            474,000          18,852,000           962,000
                                                           ----------------     --------------    ----------------    --------------

COST OF REVENUES:
     Cost of product                                             4,396,000                  -           7,973,000                 -
     Cost of service                                             3,940,000            250,000           6,659,000           459,000
                                                           ----------------     --------------    ----------------    --------------
     Total cost of revenues                                      8,336,000            250,000          14,632,000           459,000
                                                           ----------------     --------------    ----------------    --------------
GROSS PROFIT                                                     2,369,000            224,000           4,220,000           503,000
                                                           ----------------     --------------    ----------------    --------------
OPERATING EXPENSES:
     Selling expenses                                            2,168,000             16,000           3,822,000            32,000
     General and administrative expenses                           763,000            404,000           1,860,000           750,000
     Research and development                                      671,000             38,000           1,504,000           174,000
     Depreciation and amortization                                 706,000             20,000           1,121,000            26,000
                                                           ----------------     --------------    ----------------    --------------
              Total operating expenses                           4,308,000            478,000           8,307,000           982,000
                                                           ----------------     --------------    ----------------    --------------
LOSS FROM OPERATIONS                                            (1,939,000)          (254,000)         (4,087,000)         (479,000)
                                                           ----------------     --------------    ----------------    --------------

OTHER INCOME (EXPENSE):
     Gain on sale of marketable securities                               -             93,000                                93,000
     Interest Expense                                             (147,000)                 -            (235,000)                -
     Interest Income                                                37,000             38,000              76,000           201,000
     Other income (expense)                                              -                  -                   -                 -
                                                           ----------------     --------------    ----------------    --------------
                                                                  (110,000)           131,000            (159,000)          294,000
                                                           ----------------     --------------    ----------------    --------------
LOSS FROM CONTINUING OPERATIONS                                 (2,049,000)          (123,000)         (4,246,000)         (185,000)
                                                           ----------------     --------------    ----------------    --------------
DISCONTINUED OPERATIONS
     Gain from discontinued operations                                   -                  -              67,000                 -
                                                           ----------------     --------------    ----------------    --------------
TOTAL INCOME FROM DISCONTINUED OPERATIONS                                -                  -              67,000                 -
                                                           ----------------     --------------    ----------------    --------------

NET LOSS                                                 $      (2,049,000)   $      (123,000)  $      (4,179,000)  $      (185,000)
                                                            ================     ==============    ================    =============
NET LOSS PER SHARE:
     Continued                                           $           (0.12)   $         (0.01)  $           (0.25)  $         (0.01)
     Discontinued                                                        -                  -                   -                 -
                                                            ----------------     --------------    ----------------    -------------
NET LOSS PER SHARE - basic and diluted                   $           (0.12)   $         (0.01)  $           (0.25)  $         (0.01)
                                                            ================     ==============    ================    =============
WEIGHTED AVERAGE NUMBER OF SHARES USED IN COMPUTATION           16,423,350         15,848,529          16,390,918        15,808,455
                                                           ================     ==============    ================    ==============
NET LOSS                                                 $      (2,049,000)   $      (123,000)  $      (4,179,000)  $      (185,000)

OTHER COMPREHENSIVE LOSS, NET OF TAX
     Unrealized loss on available-for-sale- securities          (1,301,000)          (928,000)         (1,971,000)       (1,413,000)
                                                           ----------------     --------------    ----------------    --------------

COMPREHENSIVE LOSS                                       $      (3,350,000)   $    (1,051,000)  $      (6,150,000)  $    (1,598,000)
                                                           ================     ==============    ================    ==============
</TABLE>




                 See notes to consolidated financial statements

                                       4
<PAGE>



                      TEKINSIGHT.COM, INC. AND SUBSIDIARIES

                      CONSOLIDATED STATEMENTS OF CASH FLOWS

                                   (Unaudited)

<TABLE>
<CAPTION>

                                                                                               Six Months Ended December 31,
                                                                                           2000                         1999
                                                                                    -----------------------     --------------------



<S>                                                                                <C>                         <C>

CASH FLOWS FROM OPERATING ACTIVITIES:
      Net loss                                                                       $          (4,179,000)      $         (185,000)
                                                                                     -----------------------     -------------------
      Adjustments   to  reconcile  net  loss  to  net  cash  used  in  operating
      activities:
               Depreciation and amortization                                                     1,121,000                  184,000

      Changes in operating assets and liabilities:

      Increase in accounts receivable                                                           (2,190,000)                (294,000)
      Additions to capitalized software costs                                                     (126,000)                (304,000)
      (Increase) Decrease in prepaid and other current assets                                      (28,000)                 139,000
      Decrease in deposits                                                                          86,000                        -
      Increase (Decrease) in accounts payable                                                      704,000                 (225,000)
      Increase in deferred maintenance                                                             468,000                        -
      Decrease in accrued expenses and other current liabilities                                (1,072,000)                (236,000)
                                                                                     -----------------------     -------------------
               Total adjustments                                                                (1,037,000)                (736,000)
                                                                                     -----------------------     -------------------
      NET CASH USED IN OPERATING ACTIVITIES                                                     (5,216,000)                (921,000)
                                                                                     -----------------------     -------------------
CASH FLOWS FROM INVESTING ACTIVITIES:

      Cash received from purchase of subsidiary                                                  1,313,000                        -
      Cash proceeds from the sales of securities                                                         -                 (180,000)
           Cash disbursements for the purchase of securities                                       (30,000)                       -
           Capital expenditures                                                                   (284,000)                 (41,000)
      Investment in subsidiary                                                                    (316,000)                       -
      Redeemed convertible preferred stock                                                               -               (1,000,000)
      Amortization of warrants                                                                           -                  (12,000)
                                                                                     -----------------------     -------------------
               NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES                                 683,000               (1,233,000)
                                                                                     -----------------------     -------------------
CASH FLOWS FROM FINANCING ACTIVITIES:

      Net borrowings under bank line of credit                                                     218,000                        -
      Repayment of related party loans                                                                   -                 (100,000)
      Issuance of subsidiary securities, net of expenses                                         2,853,000                        -
      Issuance of common stock, net of expenses                                                          -                  505,000
                                                                                     -----------------------     -------------------
               NET CASH PROVIDED BY FINANCING ACTIVITIES                                         3,071,000                  405,000
                                                                                     -----------------------     -------------------
NET DECREASE IN CASH                                                                            (1,462,000)              (1,749,000)

      CASH AT BEGINNING OF PERIOD                                                                3,961,000                7,618,000
                                                                                     -----------------------     -------------------
      CASH AT END OF PERIOD                                                          $           2,499,000       $        5,869,000
                                                                                     =======================     ===================
 </TABLE>


                      See notes to consolidated financial statements

                                       5
<PAGE>




                       TEKINSIGHT.COM, INC. & SUBSIDIARIES

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                December 31, 2000

                                   (UNAUDITED)

1.  Basis of Presentation

The accompanying  unaudited consolidated financial statements of TekInsight.com,
Inc. and  Subsidiaries  ("the  Company")  have been prepared in accordance  with
generally accepted  accounting  principles for interim financial  statements and
with  the  instructions  to  Form  10-Q  and  Article  10  of  Regulations  S-X.
Accordingly, they do not include all of the information and disclosures required
for annual financial  statements.  These financial  statements should be read in
conjunction with the consolidated financial statements and related footnotes for
the year ended June 30, 2000 included in the Form 10-K for the year then ended.

The accompanying  financial  statements  reflect all adjustments,  which, in the
opinion of  management,  are  necessary  for a fair  presentation  of  financial
position,  and the  results of  operations  for the interim  periods  presented.
Except  as  otherwise  disclosed,  all  such  adjustments  are of a  normal  and
recurring  nature.  The results of  operations  for any  interim  period are not
necessarily indicative of the results attainable for a full fiscal year.

For  further   information,   refer  to  the  annual  report  on  Form  10-K  of
TekInsight.com,  Inc.  (the  "Company"),  dated  October 11, 2000, as amended on
October 27, 2000,  for the year ended June 30, 2000,  and to the Forms 8-K filed
with the SEC on August 28,  2000,  as amended by Form 8-K/A filed on October 27,
2000 and the 8-K filed with the SEC on January 11, 2001.

2.  Restricted Cash

At  December  31,  2000,  cash of  $946,789  was  received  in  connection  with
maintenance  agreements.  Such cash will  become  available  to the  Company  as
revenue is recognized according to the terms of the respective agreements.

3. Credit Facility

As a result of the merger with Data Systems,  TekInsight  Services assumed,  and
the Company  agreed to guaranty,  Data Systems'  existing  credit  facility with
Foothill Capital  Corporation  ("Foothill").  On September 30, 1998 Data Systems
and  Foothill  Capital  Corporation  entered into a credit  facility  ("Foothill
Agreement").  The Foothill Agreement provides for a revolving line of credit not
to exceed $15  million.  The  available  line of credit at  December  31,  2000,
according to the collateral  formula,  was  approximately  $4,403,000,  of which
$3,385,000 was outstanding.  Borrowing  limits under the Foothill  Agreement are
determined based on a collateral formula,  which includes 85% of qualified trade
receivables.  Borrowings  under the Foothill  Agreement bear interest at 1% over
Norwest Bank prime  (10.5% at December  31,  2001) and have a term  extending to
September 30, 2001.

The  assumption  agreement  between  TekInsight  and  Foothill  called for a new
agreement to be negotiated between the parties by December 14, 2000. The parties
agreed to extend the date to February  28,  2001.  The parties are  currently in
negotiations to keep the existing agreement in place until September 30, 2001.

In connection with the Foothill  Agreement,  TekInsight  Services is required to
maintain certain  financial  ratios.  At December 31, 2000, due primarily to the
Company's loss from operations and merger related accruals,  the Company was not
in compliance with the EBITDA and net worth covenants.  The Company has received

                                       6
<PAGE>

waivers of such  noncompliance  from Foothill.  The Foothill  Agreement includes
restrictions with respect to dividend distributions by Data Systems.

4. Marketable Securities

Marketable  securities  have been classified as available for sale securities at
December 31, 2000 and,  accordingly,  the unrealized loss resulting from valuing
such  securities  at market value is  reflected as a component of  stockholders'
equity.   At  December  31,  2000,  the   unrealized   loss  on  securities  was
$(1,005,000).

5. Commitments, Contingencies, and Other Agreements

As a result of the  merger  with  Data  Systems,  the  Company  assumed  certain
commitments of Data Systems.  The Company assumed  termination  costs of several
employees  in the total amount of  $487,000,  payable over six and  twelve-month
periods, of which $250,000 remained unpaid at December 31, 2000. The Company has
assumed a marketing  agreement with a company  controlled by the prior President
of Data  Systems,  which calls for  payments of  approximately  $126,000  over a
six-month period, with $21,000 remaining at December 31, 2000.

On  July  28,  2000,  a  judgment  was  entered  against  Data  Systems  Network
Corporation  in favor of J. Alan  Moore in  Mecklenburg  County  Superior  Court
Division (Case No.  98-CVS-12286),  North Carolina.  The plaintiff was awarded a
judgment of $572,000 plus reasonable  attorney fees and interest.  On August 24,
2000, the Company filed an appeal. The Company is currently in negotiations with
the plaintiff on settlement terms.

As a result of an audit by the California State Controller's Office, Division of
Audits,  the  Controller's  Office  issued  a  report  to the  effect  that  the
subsidiary  owed,  and issued a Letter of Demand for,  $1.3  million for alleged
overpayments  made to the  Company  during the  period  July 1, 1990 to June 30,
1993. On January 20, 1999, the Superior Court  recommended  that the overpayment
determination be upheld.  In March 1999, the Company's  wholly-owned  subsidiary
filed an appeal to the Superior  Court's  decision with the California  Court of
Appeals.  On January 26, 2000,  the Company lost its appeal with the  California
Court of Appeals.  The Company has provided a reserve of $1,722,000,  consisting
of principal and accrued interest.

In an amendment to the Azurel Pledge Security Agreement,  TekInsight permitted a
substitution  of  collateral.  The shares of capital  stock of the former Azurel
subsidiaries pledged to secure the Credit Agreement  obligations was replaced as
collateral with a $1,800,000 subordinated note made by Private Label and Fashion
Laboratories  payable to Azurel,  due in a balloon  payment of all principal and
accrued  interest  in May  2002.  TekInsight  is  currently  in the  process  of
foreclosing on this substituted  collateral securing the indebtedness  evidenced
by the  accelerated  Credit  Agreement  obligations and taking such other action
that is appropriate to collect all of the accelerated obligations. The Company's
proceedings in its foreclosure on the Note have been temporarily  suspended as a
result of Azurel  filing on  February  2, 2001 a petition  for relief  under the
United States Bankruptcy Code ("Code") in the United States Bankruptcy Court for
the District of New Jersey (Case No. 01-31034-NLW).  Upon the filing of Azurel's
bankruptcy  petition,  the  Code  imposed  an  automatic  stay on the  Company's
collection  activity with respect to the [Credit Note] until the stay is lifted.
The Company  intends to apply for relief from the stay in order to continue  its
foreclosure activity, and it is not aware of any matter which should prevent the
court from lifting the automatic stay.  With respect to the Company's  equipment
lease to and unsecured notes in its favor made by Azurel, the Company intends to
pursue appropriate relief in Azurel's bankruptcy proceeding.

On April 20, 2000,  TekInsight filed an action against StyleSite  Marketing,  or
Style  and  its  lender,  First  Source  Financial  LLP,  in the  United  States

                                       7
<PAGE>

Bankruptcy  Court,  Southern  District of New York, to establish a  constructive
trust in its favor with  respect  to, and to request  that the court order Style
and First Source to deliver to TekInsight,  the  $1,000,000  purchase price paid
for 10,000  shares of Style  Series G Preferred  Stock and shares of  TekInsight
common stock having a $1,000,000 market value delivered to Style in exchange for
an equal market  value of Style  common stock under an agreement  dated June 30,
1999.  On June 6, 2000,  Style and First  Source  filed a motion to dismiss  the
Company's complaint against them. On June 26, 2000, TekInsight filed its written
submissions to vigorously oppose the motion. By decisions dated October 10, 2000
and January 2, 2001, the Bankruptcy Court dismissed the Company's  complaint and
denied the Company's motion for reconsideration of the dismissal  decision.  The
Company believes that the Bankruptcy Court's decision is in error and on January
11, 2001 the Company timely filed a Notice of Appeal of the  Bankruptcy  Court's
decision to the United States  District  Court for the Southern  District of New
York.  Contractual  obligations of Styles to TekInsight,  including TekInsight's
rights as a holder of the  Preferred  Stock  (e.g.,  redemption  payments),  are
secured by third party obligations in favor  Tekinsight.  In  order  to  satisfy
Style's  obligations  to  TekInsight,  TekInsight  has  engaged  in   settlement
negotiations with respect to the satisfaction of such obligations.

In July 2000,  the Company was named as a nominal  defendant in a  stockholder's
derivative  action  brought  on  behalf  of the  Company  against  four  of its'
directors (Miletich v. Bookmeier,  et al, Case No. 114972,  Supreme Court of New
York, New York County). The  Company is vigorously defending this suit.

On January 2, 2001,  the Company  entered into a one-year  employment  agreement
with its Chief Executive Officer. The agreement includes a base salary and other
provisions  for  termination  and  change  in  control.  Under  the terms of the
agreement,  the Company will issue stock  options to the  executive in an amount
yet to be determined. In connection with this agreement, the Company made a loan
to the Officer in the amount of $170,000.

6. Stockholders' Equity

On September 30, 2000,  TekInsight  received an equity  investment of $3,000,000
for 1,000,000 shares of preferred stock issued by its BugSolver subsidiary.  For
one year, the shares are convertible at the holder's option for common shares of
BugSolver at a ratio of 1:1 or redeemable  at the holder's  option for 1,500,000
shares of  TekInsight  common  stock.  In the event that  BugSolver  merges with
another  company,  the preferred  shares  automatically  become  converted  into
BugSolver  common shares at a ratio of 1:1. In the event that the Company issues
additional  BugSolver  securities  at a lower  price  during the  following  six
months,  the  equity  holdings  of  BugSolver  preferred  shareholders  would be
adjusted to reflect the price of the securities  issued by BugSolver in its next
offering only. In connection with this financing, a finder's fee of $150,000 was
paid to a related  party plus  options to purchase  50,000  shares of  BugSolver
common stock at $3.00 per share during the next five years.

In  September  2000,  TekInsight  issued  129,730  shares of its common stock to
Amtech Associates,  Inc. in consideration for a finders fee/consulting  services
rendered to Data Systems in connection with the merger. These shares were issued
pursuant to exemptions from the registration  requirements of the Securities and
Exchange Commission Act of 1933 pursuant to Regulation D. These shares are being
issued as of September 30, 2000.

7.  Acquisitions

On August 14, 2000, the Company  acquired 100% of the net assets of Data Systems
Corporation.  In connection with this acquisition,  the Company assumed numerous
ongoing customer  relationships,  representing the majority of its revenues. The
value  of  the  existing   customer   relationships   has  been  established  at
approximately  $10,810,000,  which is being  amortized  over  seven  years.  The
Company also acquired certain software developed by Data Systems,  which is used
in  providing  services to its  customers.  The value of such  software has been
established at approximately $690,000, which is being amortized over four years.

                                       8
<PAGE>

Goodwill was recorded in the amount of $7,009,000, which is being amortized over
twenty years.

The following unaudited pro-forma information reflects the results of operations
of the  Company as though the  acquisition  had been  consummated  as of July 1,
1999:
<TABLE>
<CAPTION>

                                 Three months ended December 31,           Six months ended December 31,
                             2000                    1999                    2000                   1999
                             ----                    ----                    ----                   ----
<S>                <C>                     <C>                     <C>                   <C>

Revenue               $        10,705,000    $          13,733,000   $         23,400,000   $         26,224,000
                      --------------------   ----------------------  ---------------------   --------------------

Net loss              $       (2,049,000)    $           (725,000)   $        (7,916,000)   $          (757,000)
                      --------------------   ----------------------  ---------------------   --------------------
Net loss per share    $            (0.12)    $              (0.04)   $             (0.48)   $             (0.04)
                      --------------------   ----------------------  ---------------------   --------------------

</TABLE>

         On November 3, 2000, the Company entered an agreement to purchase 19.9%
of the equity of LaborSoft  Corporation  ("LaborSoft").  LaborSoft is engaged in
the  development  and  marketing of software  that enables  management  of union
activities.  In  exchange  for its  equity  interest,  TekInsight  has  provided
marketing, technical and support resources. TekInsight will act as the exclusive
reseller of the LaborSoft  products.  TekInsight has the option to purchase 100%
of the equity of LaborSoft at a total valuation of $3.3 million.  As of December
31, 2000, the Company had capitalized  approximately  $316,000 of the investment
costs associated with LaborSoft,  which were provided in exchange for the equity
received.

8. Business Segments

         TekInsight's  operations  are  organized  along its  product  lines and
include  two  segments  -  the  government  services  segment  and  the  support
technologies  segment.  The following table provides selected financial data for
TekInsight's business segments (in thousands of dollars):
<TABLE>
<CAPTION>
                                                              Reportable Business Segments
                                                    -------------------------------------------------------
                                                      Government          Support
                                                       Services         Technologies           Total
<S>                                                      <C>                 <C>                <C>

Three months ended December 31, 2000

Sales to external customers                                $ 10,705             $    -           $  10,705
Operating income(loss)                                          175                (737)              (562)
Research and development                                        107                 564                671
Depreciation and amortization expense                           641                  65                706
Net interest expense (income)                                   115                  (5)               110
Segment net assets                                            1,177              17,662             18,839
Capital expenditures                                           (15)                  29                 14

Six months ended December 31, 2000
Sales to external customers                                $ 18,852               $  -            $ 18,852

Operating income(loss)                                           (8)             (1,454)            (1,462)
Research and development                                        242               1,262              1,504
Depreciation and amortization expense                           973                 148              1,121
Net interest expense (income)                                   164                  (5)               159
Capital expenditures                                            151                 133                284
</TABLE>

The prior  year  segment  information  is not  presented,  since the  Government
Services segment commenced on August 14, 2000.


                                       9
<PAGE>

9. Stock Option Plan

     During the quarter ended December 31, 2000, the Company  granted options to
purchase  appoximately 520,000 shares of the Company's common stock at $1.25 per
share,  pursuant to the 1992  Emplyee  Stock  Option  Plan.  These  options were
granted to all employees, except for executive management.


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

Forward-Looking Statements

         When used in the Form 10-Q and in future  filings by the  Company  with
the  Securities  and  Exchange  Commission,  the words or phrases  "will  likely
result"  and  "the  Company   expects,"  "will   continue,"  "is   anticipated,"
"estimated,"  "project,"  or  "outlook" or similar  expressions  are intended to
identify  "forward-looking   statements"  within  the  meaning  of  the  Private
Securities  Litigation Reform Act of 1995. The Company wishes to caution readers
not to place undue  reliance  on any such  forward-looking  statements,  each of
which speaks only as of the date made.  Such  statements  are subject to certain
risks and  uncertainties  that could cause actual  results to differ  materially
from historical earnings and those presently  anticipated or projected,  such as
demand  for our  products,  size and  timing  of  significant  orders  and their
fulfillment,  the Company's  ability to develop and upgrade its technology,  the
Company's  ability  to  compete in a highly  competitive  market and  undetected
software errors and other product quality problems, and the Company's ability to
recover its  investments in certain  marketable  securities . The Company has no
obligation to publicly  release the results of any revisions,  which may be made
to any forward-looking statements to reflect anticipated or unanticipated events
or circumstances occurring after the date of such statements.

RESULTS OF OPERATIONS

The three  months  ended  December  31, 2000 (the "2000 Three Month  Period") as
compared to the three  months  ended  December  31, 1999 (the " 1999 Three Month
Period")  and the six  months  ended  December  31,  2000  (the  "2000 Six Month
period") as compared to the six months  ended  December 31, 1999 ( the "1999 Six
Month Period").

         Revenues  for the 2000 Three Month Period  increased  to  approximately
$10,705,000  from  approximately  $474,000  for the  1999  Three  Month  Period.
Revenues  for  the  2000  Six  Month  Period   increased  to  $18,852,000   from
approximately  $962,000  for the 1999 Six Month  Period.  These  increases  were
primarily due to the August 14, 2000 merger with Data  Systems.  The revenue mix
of product and services was 48% and 52%, respectively,  for the 2000 Three Month
Period and 50.4% and 49.6%, respectively, for the 2000 Six Month Period.

         Cost  of  revenues  for  the  2000  Three  Month  Period  increased  to
approximately  $8,336,000 from  approximately  $250,000 for the 1999 Three Month
Period.   Cost  of  revenues  for  the  2000  Six  Month  Period   increased  to
approximately  $14,632,000  from  approximately  $459,000 for the 1999 Six Month
Period.  The cost of revenue  percentage  increased  to 77.8% for the 2000 Three
Month  Period  from 52.7% for the 1999 Three  Month  Period.  The 2000 Six Month
Period cost of revenue percentage increased to 77.6% from 47.8% for the 1999 Six
Month  Period.  This  increase  was due to the August 14,  2000 merger with Data
Systems.   The  nature  of  revenues,   and  the  costs  thereof,   has  changed
substantially  from the prior year periods  compared  above.  During the current
fiscal  year,  revenues are  predominately  from  services and products  sold to
government customers. The revenues generated from product sales normally produce
a lower gross  margin  percentage  when  compared to those of service  revenues.
During the prior  fiscal  year,  revenues  were  predominately  from  consulting
services rendered by the Company's  development  group. For the 2000 Three month
Period,  the  product  cost of revenue  was 85.6% of such sales and the  service
costs of revenue were 70.7% of such sales. During the 2000 Six Month period, the
product cost of revenue was 83.7% of such sales and the service costs of revenue
were 71.3% of such sales.

         Selling,  general and administrative  expenses for the 2000 Three Month

                                       10
<PAGE>

Period increased to approximately $2,931,000 from approximately $420,000 for the
1999 Three Month Period.  The 2000 Six Month Period  increased to  approximately
$5,682,000 from $782,000 for the 1999 Six Month Period. This increase was due to
the August 14, 2000 merger with Data Systems,  which brought with it a corporate
infrastructure, including the functions of finance, purchasing, human resources,
sales and marketing. In addition, TekInsight hired outside consultants to assist
in  developing  the  sales  strategy  and  marketing  efforts  needed  to  bring
TekInsight's products and services to the market.

         Research  and  development  expense  for the 2000  Three  Month  Period
increased to  approximately  $671,000  from  approximately  $38,000 for the 1999
Three  Month  Period.  The 2000 Six  Month  Period  increased  to  approximately
$1,504,000  from $174,000 for the 1999 Six Month Period.  The increase is due to
the costs  associated  with the  enhancements  to the BugSolver  product and the
development costs for the Company's eGovernment modules. Previously,  TekInsight
capitalized the BugSolver costs during the developmental stage and, now that the
product is being introduced to market, the costs are expensed when incurred. The
eGovernment  module development costs which began in the 2000 Three Month Period
will continue during the following quarter.

         Depreciation and  amortization  expense for the 2000 Three Month Period
increased to  approximately  $706,000  from  approximately  $20,000 for the 1999
Three  Month  Period.  The 2000 Six  Month  Period  increased  to  approximately
$1,121,000 from $26,000 for the 1999 Six Month Period.  This increase was due to
the August 14, 2000  merger  with Data  Systems,  which  resulted  in  increased
amortization expense on intangible assets.

         Interest   income  for  the  2000  Three  Month  Period   decreased  to
approximately  $37,000  from  approximately  $38,000  for the 1999  Three  Month
Period.  The 2000 Six Month Period  decreased  to $76,000 from  $201,000 for the
1999 Six Month  Period.  This  decrease is  attributable  to decreased  interest
earned on the  certificates  of deposit  investments,  resulting from diminished
working  capital.  Interest expense for the 2000 Three Month Period and the 2000
Six Month Period was  approximately  $147,000 and  $235,000  respectively.  This
expense is a result of the line credit facility  acquired in the August 14, 2000
Data Systems merger (See Note 3 "Credit Facility").

         The net  loss of  $2,049,000  for  the  2000  Three  Month  Period  and
$4,179,000 for the 2000 Six Month Period,  as compared to a net loss of $123,000
and  $185,000  for the  comparable  prior  year  periods,  is  primarily  due to
marketing  and  development  costs  associated  with the  Company's  ProductivIT
product and to corporate administrative costs associated with that subsidiary.

Liquidity and Capital Resources

         As of December 31, 2000 the Company had a working capital deficiency of
approximately $5,508,000,  compared to working capital of $1,801,000 at June 30,
2000.  This decrease in working  capital is primarily  due to the  consolidation
with Data Systems,  as a result of the merger,  and to losses from operations of
approximately  $4,246,000 for the six-month  period.  In the merger,  TekInsight
assumed  approximately   $7,353,000  in  current  assets,   subject  to  current
liabilities of approximately $13,765,000.

         The Company's  Services group is currently  producing  profits from its
operations.  The BugSolver subsidiary is investing in the market introduction of
its  products,  and will  continue  to require  funding  for the next few fiscal
quarters.  The Company is also investing in the  development of its  eGovernment
modules and the  related  marketing  costs for  introducing  and  selling  these
products. Investment in new technologies and products continues at approximately
the same rate as in prior quarters.  With the formation of multiple products and
service  offerings,  and the  organizations to support and market these products
and  services,  the Company  has  expanded  its  management  and  administrative
infrastructure,  and has established a corporate  office in Irvine,  California.
Based on these factors,  management  believes that the Company will incur losses

                                       11
<PAGE>

from overall  operations during at least the next two fiscal quarters;  however,
such  losses are  anticipated  to  diminish  with the  commencement  of revenues
generated  from  software  product  sales,  as well as  from  increased  service
offerings.

     The existing credit facility with Foothill Capital Corporation ("Foothill")
provides for a revolving line of credit not to exceed $15 million. The available
line of credit at December 31, 2000,  according to the collateral  formula,  was
approximately  $4,403,000,  of which $3,385,000 was outstanding.  The assumption
agreement  between  TekInsight  and  Foothill  called for a new  agreement to be
negotiated  between the  parties by December  14,  2000.  The parties  agreed to
extend the date for a new  agreement  to  February  28,  2001.  The  parties are
currently  in  negotiations  to keep  the  existing  agreement  in  place  until
September  30, 2001,  rather than create a new  agreement  before the end of the
current agreement term.

     On November 3, 2000, the Company  entered an agreement to purchase 19.9% of
the equity of LaborSoft Corporation  ("LaborSoft").  LaborSoft is engaged in the
development  and  marketing  of  software  that  enables   management  of  union
activities.  In  exchange  for its  equity  interest,  TekInsight  is  providing
marketing,  technical  and  support  resources.  TekInsight  has the  option  to
purchase  100% of the equity of LaborSoft at a total  valuation of $3.3 million.
The Company has  capitalized  approximately  $316,000  of the  investment  costs
associated with  LaborSoft,  which have been provided in exchange for the equity
received.

     On  January  2,  2001,  the  Company  entered  into a  one-year  employment
agreement with its Chief Executive Officer. The agreement includes a base salary
and other  provisions for termination and change in control.  Under the terms of
the  agreement,  the Company  will issue stock  options to the  executive  in an
amount yet to be determined. In connection with this agreement, the Company made
a loan to the Officer in the amount of $170,000.

     On July 28,  2000, a judgment  was entered  against  Data  Systems  Network
Corporation  in  favor  of J.  Alan  Moore  of  $572,000  (See  PART  II.  Legal
Proceedings).  The Company is currently in  negotiations  with the  plaintiff on
settlement terms.

     The  Company  may expand the scope of its  product  offerings  by  pursuing
acquisition  candidates with complementary  technologies,  services or products.
Should the Company commence such acquisitions, it would finance the transactions
with its working  capital and equity  securities.  The Company  would attempt to
secure additional  funding,  including equity financing where  appropriate,  for
acquisitions.  Based on current plans, the Company has sufficient cash resources
and liquidity to meet its anticipated short-term and long-term capital needs.

PART II - OTHER INFORMATION

Item 1. Legal Proceedings

     On July 28,  2000, a judgment  was entered  against  Data  Systems  Network
Corporation  in favor of J. Alan  Moore in  Mecklenburg  County  Superior  Court
Division (Case No.  98-CVS-12286),  North Carolina.  The plaintiff was awarded a
judgment of $572,000 plus reasonable  attorney fees and interest.  On August 24,
2000, the Company filed an appeal. The Company is currently in negotiations with
the plaintiff on settlement terms.

     In an  amendment  to  the  Azurel  Pledge  Security  Agreement,  TekInsight
permitted  a  substitution  of  collateral.  The shares of capital  stock of the
former Azurel  subsidiaries  pledged to secure the Credit Agreement  obligations
was replaced as collateral with a $1,800,000  subordinated  note made by Private
Label and Fashion Laboratories payable to Azurel, due in a balloon payment of


                                       12
<PAGE>

all principal and accrued  interest in May 2002.  TekInsight is currently in the
process of foreclosing on this substituted  collateral securing the indebtedness
evidenced by the accelerated Credit Agreement  obligations and taking such other
action that is appropriate to collect all of the  accelerated  obligations.  The
Company's  proceedings  in its  foreclosure  on the Note have  been  temporarily
suspended as a result of Azurel filing on February 2, 2001 a petition for relief
under the United States Bankruptcy Code ("Code") in the United States Bankruptcy
Court for the District of New Jersey (Case No. 01-31034-NLW). Upon the filing of
Azurel's  bankruptcy  petition,  the  Code  imposed  an  automatic  stay  on the
Company's  collection  activity with respect to the [Credit Note] until the stay
is lifted.  The  Company  intends to apply for relief  from the stay in order to
continue  its  foreclosure  activity,  and it is not aware of any  matter  which
should  prevent the court from lifting the automatic  stay.  With respect to the
Company's  equipment  lease to and unsecured  notes in its favor made by Azurel,
the  Company  intends  to  pursue  appropriate  relief  in  Azurel's  bankruptcy
proceeding.

On April 20, 2000,  TekInsight filed an action against StyleSite  Marketing,  or
Style  and  its  lender,  First  Source  Financial  LLP,  in the  United  States
Bankruptcy  Court,  Southern  District of New York, to establish a  constructive
trust in its favor with  respect  to, and to request  that the court order Style
and First Source to deliver to TekInsight,  the  $1,000,000  purchase price paid
for 10,000  shares of Style  Series G Preferred  Stock and shares of  TekInsight
common stock having a $1,000,000 market value delivered to Style in exchange for
an equal market  value of Style  common stock under an agreement  dated June 30,
1999.  On June 6, 2000,  Style and First  Source  filed a motion to dismiss  the
Company's complaint against them. On June 26, 2000, TekInsight filed its written
submissions to vigorously oppose the motion. By decisions dated October 10, 2000
and January 2, 2001, the Bankruptcy Court dismissed the Company's  complaint and
denied the Company's motion for reconsideration of the dismissal  decision.  The
Company believes that the Bankruptcy Court's decision is in error and on January
11, 2001 the Company timely filed a Notice of Appeal of the  Bankruptcy  Court's
decision to the United States  District  Court for the Southern  District of New
York.  Contractual  obligations of Styles to TekInsight,  including TekInsight's
rights as a holder of the  Preferred  Stock  (e.g.,  redemption  payments),  are
secured by third party obligations in favor of Tekinsight. In order  to  satisfy
Style's  obligations  to  TekInsight,  TekInsight  has  engaged  in   settlement
negotiations with respect to the satisfaction of such obligations.

In July 2000,  the Company was named as a nominal  defendant in a  stockholder's
derivative  action  brought  on  behalf  of the  Company  against  four  of its'
directors (Miletich v. Bookmeier,  et al, Case No. 114972,  Supreme Court of New
York, New York Country). The company is vigorously defending this suit.


Item 5 - Other Information

     On  January  2,  2001,  the  Company  entered  into a  one-year  employment
agreement with its Chief Executive Officer. The agreement includes a base salary
and other  provisions for termination and change on control.  Under the terms of
the  agreement,  the Company  will issue stock  options to the  executive  in an
amount yet to be determined . In  connection  with this  agreement,  the Company
made a loan to the Officer in the amount of $170,000.

Item 6 - Exhibits and reports on Form 8-K

(a)      Exhibits

Exhibit 10.42 - Equity  Agreement dated November 3, 2000 between the Company and
LaborSoft Corporation.

Exhibit 10.43 - Amendment No. 1 to Amendment No. 6 and Waiver to Loan and
Security Agreement dated December 12, 2000 between TekInsight Services, Inc.
and Foothill Capital Corporation.

Exhibit 10.44 - Amendment No. 2 to Amendment No. 8 and Waiver to Loan and
Security Agreement dated December 29, 2000 between TekInsight Services, Inc.
and Foothill Capital Corporation.


                                       13

<PAGE>

Exhibit 10.45 - Amendment No. 3 to Amendment No. 8 and Waiver to Loan and
Security Agreement dated January 12, 2001 between TekInsight Services, Inc.
and Foothill Capital Corporation.

Exhibit 10.46 - Amendment No. 4 to Amendment No. 8 and Waiver to Loan and
Security Agreement dated January 26, 2001 between TekInsight Services, Inc.
and Foothill Capital Corporation.

Exhibit 10.47 - BugSolver.com, Inc. Series A Preferred Stock Purchase
Agreement dated September 30, 2000 among BugSolver.com, Inc,
TekInsight.com, Inc. and Purchasers.

Exhibit 10.48 - Certificate of Designations of Bugsolver.com, Inc. dated
September 30, 2000.

Exhibit 10.49 - BugSolver.com, Inc. Shareholders agreement dated
September 30, 2000 among BugSolver.com, Inc, TekInsight.com, Inc. and
Purchasers.

Exhibit 27 - Financial data schedule

         (b)  Reports on Form 8-K

During the quarter  ended  December  31, 2000,  the Company  made the  following
filings on Form 8-K:  Report on Form 8-K/A on October 27,  2000 with  respect to
Item 2, "Acquisitions or Dispositions".




                                       14
<PAGE>



                                    SIGNATURE

     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
it's behalf by the undersigned, thereunto duly authorized.

                                                     TEKINSIGHT.COM, INC.




                                                     By:/s/James Linesch

                                                     --------------------
                                                     James Linesch
                                                     Chief Financial Officer

                                                     Date: February 14, 2001




                                       15