SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C. 20549

                            FORM 10-Q
(Mark One)
/X/ Quarterly report pursuant to Section 13 or 15(d) of the
Securities Act of 1934

For the quarterly period ended June 30, 1997 or

/ / Transition report pursuant to Section 13 or 15(d) of the
Securities Act of 1934

For the transition period from               to 

Commission file number 33-18521-NY

                     DAVIN ENTERPRISES, INC.
                                                                  
     (Exact Name of Registrant as Specified in its Charter)

Delaware                                11-2854355
                                                                  
(State or other jurisdiction of         (I.R.S. Employer
Incorporation or Organization)            Identification Number)

             240 Clarkson Avenue, Brooklyn, NY 11226
                                                                  
(Address of Principal Executive Office)           (Zip Code)

                          (718)469-3132
                                                                  
      (Registrant's Telephone Number, Including Area Code)

                                
                                                                  
      (Former Name, Former Address and Former Fiscal Year,
                  If Changed Since Last Report)

     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 and Exchange Act of 1934 during the preceding twelve
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 ninety days.
Yes / X /  No /  /

  APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
                 DURING THE PRECEDING FIVE YEARS

     Indicate by check mark whether the registrant has filed all
documents and reports required to be filed by Section 12, 13 or
15(d) of the Securities Exchange Act of 1934 subsequent to the
distribution of securities under a plan confirmed by a court.
Yes /  /   No /  /

              APPLICABLE ONLY TO CORPORATE ISSUERS

     Indicate the number of shares outstanding of each of the
issuer's classes of common stock, as of the latest practicable
date.  1,937,452
                              10Q-1













                     DAVIN ENTERPRISES, INC.

                      FINANCIAL STATEMENTS

                          JUNE 30, 1997








                            I N D E X





                                                            Page


ACCOUNTANTS' REVIEW REPORT                                    1


BALANCE SHEETS                                                2


STATEMENTS OF STOCKHOLDERS' EQUITY                           3-4


STATEMENTS OF OPERATIONS                                      5


STATEMENTS OF CASH FLOWS                                      6


NOTES TO THE FINANCIAL STATEMENTS                            7-9










                   ACCOUNTANTS' REVIEW REPORT


To the Board of Directors and Shareholders
DAVIN ENTERPRISES, INC.
461 Beach 124 Street
Belle Harbor, New York  11694

We have reviewed the balance sheet of DAVIN ENTERPRISES, INC. (A
Development Stage Enterprise) as of June 30, 1997 and the related
statements of operations, stockholders' equity and cash flows for
the three month periods ended June 30, 1997 and 1996, in accordance
with standards established by the American Institute of Certified
Public Accountants.

A review of interim financial information consists principally of
obtaining an understanding of the system for the preparation of
interim financial information, applying analytical review
procedures to financial data, and making inquiries of persons
responsible for financial and accounting matters.  It is
substantially less in scope than an examination in accordance with
generally accepted auditing standards, the objective of which is
the expression of an opinion regarding the financial statements
taken as a whole.  Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications
that should be made to the financial statements for them to be in
conformity with generally accepted accounting principles.

We have previously audited, in accordance with generally accepted
auditing standards, the balance sheet as of March 31, 1997, and the
related statements of operations, stockholders' equity and cash
flows for the year then ended (not presented herein); and in our
report dated June 17, 1997, we expressed an unqualified opinion on
those financial statements.  In our opinion, the information set
forth in the accompanying balance sheet as of March 31, 1997 is
fairly stated in all material respects in relation to the balance
sheet from which it has been derived.



                                   GREENBERG & COMPANY, LLC

Springfield, New Jersey
July 31, 1997



                                                  Page 1 of 9
                        DAVIN ENTERPRISES, INC.
                   (A Developement Stage Enterprise)
                            BALANCE SHEETS


                                               June 30,     March 31,
                                                 1997         1997   
                                             (Unaudited)   (Audited) 


                              A S S E T S


CURRENT ASSETS
  Cash and Cash Equivalents                   $   40,109   $   45,717
    Total Current Assets                      $   40,109   $   45,717

OTHER ASSETS
  Organization Costs                               1,300        1,300
  Investment - Target Vision Inc. (Note 3)       685,078      685,078
                                                 686,378      686,378

                                              
TOTAL ASSETS                                  $  726,487   $  732,095


L I A B I L I T I E S   A N D   S T O C K H O L D E R S'   E Q U I T Y


CURRENT LIABILITIES
  Accrued Taxes and Expenses                  $      750   $    2,283

Contingencies (Note 5)

STOCKHOLDERS' EQUITY
  Common Stock (Par Value $.0001)
    50,000,000 Shares Authorized
    1,937,452 Shares Issued and
    Outstanding (Note 8)                             194          194
  Paid-In Capital In Excess Of
    Par Value                                  1,072,526    1,072,526
  (Deficit) Accumulated During
    Development Stage                           (346,983)    (342,908)
      Total Stockholders' Equity                 725,737      729,812


TOTAL LIABILITIES AND STOCKHOLDERS'
  EQUITY                                      $  726,487   $  732,095






Subject to the comments contained in the Accountants' Review Report.


                                                       Page 2 of 9
                           DAVIN ENTERPRISES, INC.
                        (A Development Stage Company)
                     STATEMENTS OF STOCKHOLDERS' EQUITY
          For The Period April 8, 1987 (Inception) to June 30, 1997

                  # of          $.0001     Paid In   Deficit      Total
                  Shares        Par Value  Capital   Accumulated  Stock-
                                                     During       holders'
                                                     Development  Equity
                                                     Stage
Initial Investment
 in Capital
 Stock            1,600,000     $160      $  426,220              $426,380

Warrants
 Exercised          222,550       22         475,078               475,100

Offering Costs                               (68,705)              (68,705)

(Loss) for the Period
April 8, 1987
(Inception) to
March 31, 1988                                       $ (13,113)    (13,113)

BALANCES -
APRIL 1, 1988     1,822,550      182         832,593   (13,113)    819,662

Warrants
 Exercised          114,902       12         239,933               239,945

(Loss) for the
Year Ended
March 31, 1989                                         (60,555)    (60,555)

BALANCES -
MARCH 31, 1989    1,937,452      194       1,072,526   (73,668)    999,052

(Loss) for the
Year Ended
March 31, 1990                                         (73,354)    (73,354)

BALANCES -
MARCH 31, 1990    1,937,452      194       1,072,526  (147,022)    925,698

(Loss) for the
Year Ended
March 31, 1991                                         (35,500)    (35,500)

BALANCES -
MARCH 31, 1991    1,937,452      194       1,072,526  (182,522)    890,198

(Loss) for the
Year Ended
March 31, 1992                                         (31,935)    (31,935)   
    

BALANCES -
MARCH 31, 1992    1,937,452      194       1,072,526  (214,457)    858,263

Subject to the comments contained in the Accountants' Review Report.

                                                              Page 3 of 9     
                          DAVIN ENTERPRISES, INC.
                        (A Development Stage Company)
                     STATEMENTS OF STOCKHOLDERS' EQUITY
          For The Period April 8, 1987 (Inception) to June 30, 1997
                                 (Continued)

                  # of          $.0001    Paid In    Deficit      Total
                  Shares        Par Value Capital    Accumulated  Stock-
                                                     During       holders'
                                                     Development  Equity
                                                     Stage
BALANCES -
MARCH 31, 1992    1,937,452     $194      $1,072,526 $(214,457)   $858,263

(Loss) for the
Year Ended
March 31, 1993                                         (29,060)    (29,060)

BALANCES -
MARCH 31, 1993    1,937,452      194       1,072,526  (243,517)    829,203

(Loss) for the
Year Ended
March 31, 1994                                         (21,616)    (21,616)

BALANCES -
MARCH 31, 1994    1,937,452      194       1,072,526  (265,133)    807,587

(Loss) for the
Year Ended
March 31, 1995                                         (16,623)    (16,623)

BALANCES -
MARCH 31, 1995    1,937,452      194       1,072,526  (281,756)    790,964

(Loss) for the
Year Ended
March 31, 1996                                        (254,657)   (254,657)

BALANCES-
MARCH 31, 1996    1,937,452      194       1,072,526  (536,413)    536,307

Net Income for
the Year Ended
March 31, 1997                                         193,505     193,505

BALANCES -
MARCH 31, 1997
(Audited)         1,937,452      194       1,072,526  (342,908)    729,812

(Loss) for the
Three Months Ended
June 30, 1997
(Unaudited)                                             (4,075)     (4,075)

BALANCES -
JUNE 30, 1997
(Unaudited)       1,937,452     $194      $1,072,526 $(346,983)   $725,737

Subject to the comments contained in the Accountants' Review Report.

                                                              Page 4 of 9
                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                       STATEMENTS OF OPERATIONS
                              (Unaudited)


                                      For The Three Months Ended
                                              June 30,         
                                         1997          1996    


Income                                $     -0-     $     -0-

General and Administrative Expenses
  Management Fees                         2,400         2,400
  Professional Fees                       1,750         6,950
  Miscellaneous Expenses                    184         2,394

Total Expenses                            4,334        11,744

                                         (4,334)      (11,744)

Other Income
  Interest Income                           382           764

(Loss) Before Franchise Taxes            (3,952)      (10,980)

Franchise Taxes (Note 5)                    123          (432)


Net Income (Loss)                     $  (4,075)    $ (10,548)


Net Income (Loss) Per Share               NIL           NIL


Weighted Average Number
  of Shares                           1,937,452     1,937,452

Cumulative Amounts From Inception
  Income                              $     -0-
  Expenses                             (413,859)
  Interest Income                        92,414
  (Loss) Before Franchise Taxes        (321,445)
  Franchise Taxes                       (25,538)
  Net (Loss)                          $(346,983)







Subject to the comments contained in the Accountants' Review Report.



                                                    Page 5 of 9

                        DAVIN ENTERPRISES, INC.
                     (A Development Stage Company)
                       STATEMENTS OF CASH FLOWS
                              (Unaudited)



                                          For The Three Months Ended
                                                   June 30,      
                                              1997         1996  

    
Cash Flows From Operating Activities:

Net (Loss)                                  $(4,075)    $(10,548)
  (Increase) Decrease in Prepaid
    Expenses                                    -0-          -0-
  Increase (Decrease) in Accrued
    Expenses                                 (1,533)         -0-

Net Cash Provided By (Used In)
 Operating Activities                        (5,608)     (10,548)

Net Increase (Decrease) in Cash              (5,608)     (10,548)

Cash and Cash Equivalents -
  Beginning of Period                        45,717       80,757


CASH AND CASH EQUIVALENTS -
 END OF PERIOD                              $40,109     $ 70,209


Supplemental Cash Flow Disclosure
  Income Taxes Paid                         $   260     $   733
  Interest Paid                                 -0-         -0-


Disclosure of Accounting Policy:
  Cash equivalents consist of highly liquid, short-term investments with
  maturities of 90 days or less.













Subject to the comments contained in the Accountants' Review Report.


                                                        Page 6 of 9
                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                   NOTES TO THE FINANCIAL STATEMENTS
               FOR THE THREE MONTHS ENDED JUNE 30, 1997
                              (Unaudited)


Note 1:   ORGANIZATION AND NATURE OF OPERATIONS

          Davin Enterprises, Inc. (Davin) was organized under the laws
          of Delaware on April 8, 1987 to function initially as an
          inactive publicly held corporation pursuing a combination with
          a privately held business engaged in any area of business.

          Davin is located in New York.  Davin is considered a
          Development Stage Enterprise as it has not begun any
          commercial operation.  Davin's principal assets are cash and
          an investment in a private company.

Note 2:   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
          GENERAL INFORMATION

          Davin Enterprises, Inc. was organized under the laws of
          Delaware on April 8, 1987 to function initially as an inactive
          publicly held corporation pursuing a combination with a
          privately held business engaged in any area of business.

          Costs associated with its initial public offering have been
          charged directly to paid in capital in excess of par value.

          CASH

          Cash equivalents consist of highly liquid, short-term
          investments with maturities of 90 days or less.

          INCOME TAXES

          During 1993, the Company adopted Statement of Financial
          Accounting Standards No. 109(SFAS 109), Accounting for Income
          Taxes.  SFAS 109 requires an asset and liability approach to
          measuring deferred income taxes.  Previous standards required
          an income statement approach.  The cumulative effect of this
          change in the method of accounting for income taxes was not
          material.

          PREPARATION OF FINANCIAL STATEMENTS

          Preparation of the Company's financial statements in
          conformity with generally accepted accounting principles
          requires the use of management's estimates, primarily related
          to the fair values of investments.  Accordingly, actual
          results could differ from those estimates.

Note 3:   INVESTMENT - TARGET VISION, INC., AT LOWER OF COST OR FAIR
          VALUE

          On April 21, 1988, the Company concluded an agreement with
          Target Vision, Inc. ("TVI") for their merger, which agreement
          was subsequently terminated.


                                                          Page 7 of 9
                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                   NOTES TO THE FINANCIAL STATEMENTS
               FOR THE THREE MONTHS ENDED JUNE 30, 1997
                              (Unaudited)
                              (Continued)


          As part of the merger agreement, the Company had agreed to
          lend TVI up to $800,000 from the proceeds of Class "A" and
          Class "B" warrants exercised.  The Company advanced $685,078
          to TVI.  Subsequently, litigation ensued relating to the note
          with TVI, which was settled on June 28, 1991. 

          Pursuant to the Company's receipt of 2,883,333 shares of TVI
          common stock, representing approximately 9.1% of the
          outstanding stock, the action was discontinued.  The
          implementation of the settlement agreement took place on July
          31, 1991.  Therefore, the loan receivable was reclassified to
          an investment in common stock.  The cost of this investment is
          $685,078, which was the carrying amount of the loan.

          In the first quarter of fiscal year 1996 a sale of TVI stock
          occurred.  The sale was by an unrelated shareholder and
          resulted in a complete liquidation of that stockholders
          interest.  There currently is no market for TVI stock.  The
          fair value was estimated based primarily on the financial
          condition and operating results of TVI and not the single
          liquidation of a minority shareholder's interest.  Audited
          financial information of TVI for the year ended September 30,
          1996 follows:

                    Total Assets                $4,684,632
                    Stockholders' Equity         1,176,821
                    Revenues                     8,616,999
                    Net Income                     797,050
          
Note 4:   RELATED PARTY TRANSACTIONS

          The Company entered into an oral agreement with Modern
          Technology Corp., a principal shareholder, to provide services
          and the partial use of its office to the Company for the sum
          of $800 per month since July 1, 1991.  Arthur Seidenfeld,
          president of the Company, is also president of Modern
          Technology Corp.

Note 5:   FRANCHISE TAX

          Franchise taxes represent payment of New York State and New
          York City taxes.  No federal income tax was due as the Company
          has generated a loss since inception.  The Company has
          available approximately $320,000 of Net Operating Loss (NOL)
          carryforwards which can be used to offset future income. 
          These NOL's expire between the years 2003 and 2010.  The tax
          benefit relating to these NOL's has been fully reserved in the
          valuation allowance account since the Company has never had
          taxable income and the realization of these benefits is highly
          uncertain.



                                                          Page 8 of 9           
                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                   NOTES TO THE FINANCIAL STATEMENTS
               FOR THE THREE MONTHS ENDED JUNE 30, 1997
                              (Unaudited)
                              (Continued)


Note 6:   CONTINGENCIES

          Certain officers and directors of the company have been
          included as defendants in a class action entitled "Barker et
          al v. Power Securities Corp., et al" in the Western District
          of New York, which action alleges violations of the securities
          laws, in trading certain securities including those of the
          company and its affiliated company, Daine Industries Inc., by
          all of the defendants.  Certain officers and directors of the
          company, who are also officers and directors of Daine
          Industries Inc., deny the allegations and believe the suit to
          be without merit.  The alleged violations refer to Section 10b
          and Rule 10b-5 of the Securities and Exchange Act of 1934.

Note 7:   POSTRETIREMENT EMPLOYEE BENEFITS

          The company does not have a policy to cover employees for any
          health care or other welfare benefits that are incurred after
          employment (postretirement).  Therefore, no provision is
          required under FAS'S 106 or 112.

Note 8:   STOCK SPLIT

          On May 29, 1996 the company declared a reverse stock split. 
          The company effected a one (1) for one hundred (100) reverse
          split and reduced the number of authorized shares from
          250,000,000 to 50,000,000.  All share and per share amounts
          presented in these financial statements have been adjusted to
          reflect this reverse stock split on a retroactive basis.
























                                                          Page 9 of 9
                    Part 1. Financial Information.

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

          Davin Enterprises, Inc. ("The Registrant") is a development
stage company which was incorporated on April 8, 1987.  The Registrant
has no predecessors and has no history prior to its date of
organization.

          The proposed business of the Company was to provide a
mechanism to take advantage of business opportunities which management
believes arise from time to time.  It was believed that the Company's
ability to take advantage of some business opportunities is enhanced by
its status as a small, publicly held entity with liquid assets which
could be deployed quickly to investigate, acquire an interest in and
devote to business operations, product development, asset acquisition of
other opportunities.

          On April 21, 1988, the Registrant concluded an agreement with
Target Vision, Inc. ("TVI") for the merger of TVI with the Registrant. 
In conjunction with the merger agreement, the Company loaned TVI
$685,078.08.  Subsequently, litigation ensued relating to the note which
was settled on June 28, 1991.  Pursuant to the agreement, on August 21,
1991, the Registrant converted $685,078 of debt into 2,883,333 shares of
TVI common stock, representing approximately 9.1% of the outstanding
shares of TVI, with a potential dilution to 8.7% if additional shares
are issued.

          For the year ended September 30, 1996, TVI generated net
revenues of $8,616,999, and net income after taxes of $797,050.  At
September 30, 1996, TVI had total assets of $4,684,632, and
stockholders' equity of $1,176,821.  The figures already mentioned for
the year ended September 30, 1996 and the balance sheet figures at
September 30, 1996 were audited and provided by TVI.  TVI's primary
product is computer based business television that is used in a variety
of environments as a communication vehicle.  Its dominant application is
in industry, where communicators use the product as an employee
communication tool.  Its system combines television with the technology
of computers to allow for immediate updating and dissemination of
information.  With the termination of the proposed merger, the
Registrant began seeking out appropriate business opportunities.  It
should be noted that the Registrant's efforts in seeking out business
opportunities had been hampered by the outstanding lawsuit and while
management is in discussions with several firms interested in a
potential merger, no assurances can be given that the Company will be
successful in completing a merger or acquisition in the near future.

          For the three months ended June 30, 1997, the Registrant
generated a net loss of $4,075.  The loss for the three months ended
June 30, 1997 reflects interest income of $382; general and
administrative expenses amounted to $4,334 of which professional fees
(accounting and legal) amounted to $1,750, managerial fees, paid to a
company in which the officers and directors of the Registrant are
majority shareholders, amounted to $2,400 and miscellaneous expenses
amounting to $184.  For the three months ended June 30, 1996 the net
loss amounted to $10,548.  This loss reflects interest income of $764. 
General and administrative expenses for the three months ended June 30,
1996 amounted to $11,744 of which professional fees (accounting and
legal) amounted to $6,950 and managerial fees, paid to a company which
the officers and directors of the Registrant are majority shareholders,
amounted to $2,400 and miscellaneous expenses amounted to $2,394.

          No salaries have been paid to the officers and directors of
the Registrant since inception.  Services to the Registrant such as
administrative, bookkeeping and clerical are provided for through the
management fee compensation arrangement.  The Registrant's management
has determined that considerable monetary savings can be achieved
through such an arrangement, as compared to hiring the additional
personnel needed to perform the comparable administrative, clerical and
bookkeeping services.  The management fee for services has been $800 a
month since July 1, 1991.

          On May 29, 1996, the Registrant effected a one for one hundred
reverse split of its Common Stock, and reduced the number of authorized
shares from 250,000,000 to 50,000,000.  As a result, the number of
shares of Common Stock outstanding at June 30, 1997 was 1,937,452. 
During the week of August 2, 1996, the Registrant's common stock has
been relisted on the OTC bulletin board with the symbol DAVN.

                     PART II.  OTHER INFORMATION;

Item 1.   Legal Proceedings

          See 6/30/89 Form 10-Q Re:  "Barker et al v. Power Securities
          Corp., et al".


Item 2.   Changes in Securities.   None


Item 3.   Defaults upon Senior Securities.   None


Item 4.   Submission of Matters to a Vote of Security Holders.
          None.


Item 5.   Other Materially Important Events.   None.


Item 6.   Exhibits and Reports on Form 8-K.   None.
<PAGE>
                              SIGNATURES


          Pursuant to the requirements of Section 13 or 15(d) of the
Securities Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly authorized.


                           DAVIN ENTERPRISES, INC.



                         BY                       
                              Arthur Seidenfeld
                              President
                              Dated:  August 13, 1997