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**U.S. SECURITIES AND EXCHANGE COMMISSIONWashington, 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 Ended June 30, 2000.[   ]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:     0-17893**
**TELTRONICS, INC.**(Exact name of registrant as specified in its charter)
**DELAWARE**(State or other jurisdiction of incorporation or organization)
**59-2937938**(I.R.S. Employer Identification Number)
**2150 WHITFIELD INDUSTRIAL WAYSARASOTA, FLORIDA 34243**(Address of principal executive offices, including zip code)
**941-753-5000**(Registrant's telephone number, including area code)
Indicate by check mark whether the Registrant (1) has filed all reports required to be filed by section 13or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorterperiod that the Registrant was required to file such reports), and (2) has been subject to such filingrequirements for the past 90 days. Yes [X] No [  ]
As of August 14, 2000 there were 4,740,596 shares of the Registrant's Common Stock outstanding.
 
**INDEX**
**PAGE               ****PART I.****FINANCIAL INFORMATION**
3-13ITEM 1.FINANCIAL STATEMENTS3-11Consolidated Balance Sheets at June 30, 2000 and December 31, 1999.3-4Consolidated Statements of Operations for the Three Months and Six Months  ended June 30, 2000 and 1999.5Consolidated Statements of Cash Flows for the Six Months ended  June 30, 2000 and 1999.6-7Notes to Interim Consolidated Financial Statements8-13ITEM 2.MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL  CONDITION AND RESULTS OF OPERATIONS14-17**PART II.****OTHER INFORMATION**18ITEM 1.LEGAL PROCEEDINGS18ITEM 2.CHANGES IN SECURITIES18ITEM 3.DEFAULTS UPON SENIOR SECURITIES18ITEM 4.SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS18ITEM 5.OTHER INFORMATION18ITEM 6A.EXHIBITS18ITEM 6B.REPORTS ON FORM 8-K18
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**PART I - FINANCIAL INFORMATION****ITEM 1.      FINANCIAL STATEMENTS**
**TELTRONICS, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS****ASSETS	June 30,  2000	December 31,  1999(Unaudited)**Current Assets:**Cash
$
266,505  
$
954,764   Accounts receivable, net of allowance for doubtful accounts       of $172,000 at June 30, 2000 and $210,000 at       December 31, 1999.4,033,544  4,754,896   Inventories, net11,538,322  5,319,765   Prepaid expenses and other current assets368,073  236,034  
Total current assets
16,206,444  

 
11,265,459  
**Property and equipment, net**5,671,863  3,872,018   **Other assets**1,372,874  657,364             Total assets$23,251,181  $15,794,841  
The accompanying notes are an integral part of these consolidated financial statements.
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**TELTRONICS, INC. AND SUBSIDIARIESCONSOLIDATED BALANCE SHEETS - Continued**
**LIABILITIES AND SHAREHOLDERS' EQUITY**	June 30,  2000	December 31,  1999(Unaudited)**Current Liabilities:**          Current portion of long-term debt$5,460,557  $5,266,159            Note payable6,884,355  0            Current portion of capital lease obligations327,015  326,663            Accounts payable3,454,693  3,151,492            Accrued expenses and other current liabilities2,204,650  981,030            Deferred income**