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 September 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 Ave.  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.  1,937,354
                              10Q-1













                     DAVIN ENTERPRISES, INC.

                      FINANCIAL STATEMENTS

                       SEPTEMBER 30, 1997








                            I N D E X





                                                                 
                                                                 
                                                                 
                                                                 
                                                       Page


ACCOUNTANTS' REVIEW REPORT                               1


BALANCE SHEETS                                           2


STATEMENTS OF STOCKHOLDERS' EQUITY                     3-4
 

STATEMENTS OF OPERATIONS                               5-6


STATEMENTS OF CASH FLOWS                                 7


NOTES TO THE FINANCIAL STATEMENTS                      8-10











                   ACCOUNTANTS' REVIEW REPORT


To the Board of Directors and Shareholders
DAVIN ENTERPRISES, INC.
Brooklyn, New York  11226

We have reviewed the balance sheet of DAVIN ENTERPRISES, INC. (A
Development Stage Enterprise) as of September 30, 1997 and the
related statements of operations, stockholders' equity and cash
flows for the six month periods ended September 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
October 30, 1997

                                                                 
                                                  Page 1 of 10

                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                            BALANCE SHEETS




                                        Sept. 30, 1997
                                         (Unaudited)   March 31, 1997

ASSETS

CURRENT ASSETS
  Cash and Cash Equivalents             $   36,800       $ 45,717
    Total Current Assets                    36,800         45,717

OTHER ASSETS
  Organization Costs                         1,300          1,300
  Investment - Target Vision, Inc.
    - Common Stock, At Fair Value
      (Note 3)                             400,000        685,078
    Total Other Assets                     401,300        686,378

TOTAL ASSETS                            $  438,100     $  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            $    1,483       $    2,283
 Total Current Liabilities                   1,483            2,283

Committments and
Contingencies (Note 4)

STOCKHOLDERS' EQUITY
  Common Stock (Par Value $.0001)
    50,000,000 Shares Authorized
    1,937,354 Shares Issued and
    Outstanding                                194              194
  Paid-In Capital In Excess Of
    Par Value                            1,072,526        1,072,526
  (Deficit) Accumulated During
    Development Stage                     (636,103)        (342,908)
    Total Stockholders' Equity             436,617          729,812

TOTAL LIABILITIES AND STOCKHOLDERS'
  EQUITY                                $  438,100       $  732,095





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


                                                         Page 2 of 10
                          DAVIN ENTERPRISES, INC.
                       (A Development Stage Company)
                    STATEMENTS OF STOCKHOLDERS' EQUITY
      For The Period April 8, 1987 (Inception) to September 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)

Net (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          114,804       12         239,933               239,945

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

BALANCES -
MARCH 31, 1989    1,937,354      194       1,072,526   (73,668)    999,052

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

BALANCES -
MARCH 31, 1990    1,937,354      194       1,072,526  (147,022)    925,698

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

BALANCES -
MARCH 31, 1991    1,937,354      194       1,072,526  (182,522)    890,198

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

BALANCES -
MARCH 31, 1992    1,937,354      194       1,072,526  (214,457)    858,263

Subject to the comments contained in the Accountants' Review Report.
                                                                 Page 3 of 10
                          DAVIN ENTERPRISES, INC.
                       (A Development Stage Company)
                    STATEMENTS OF STOCKHOLDERS' EQUITY
      For The Period April 8, 1987 (Inception) to September 30, 1997
                                (Continued)


                  # of          $.0001    Paid In    Deficit      Total
                  Shares        Par Value Capital    Accumulated  Stock-
                                                     During       holders'
                                                     Development  Equity
                                                     Stage

BALANCES -
MARCH 31, 1992    1,937,354     $194      $1,072,526 $(214,457)   $858,263

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

BALANCES -
MARCH 31, 1993    1,937,354      194       1,072,526  (243,517)    829,203

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

BALANCES -
MARCH 31, 1994    1,937,354      194       1,072,526  (265,133)    807,587

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

BALANCES -
MARCH 31, 1995    1,937,354      194       1,072,526  (281,756)    790,964

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

BALANCES-
MARCH 31, 1996    1,937,354      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)         1,937,354     $194      $1,072,526 $(342,908)   $729,812

Net (Loss) for the 
Six months ended
Sept.30, 1997                                         (293,195)   (293,195)

BALANCES AT
SEPTEMBER 30, 1997
(unaudited)       1,937,354     $194      $1,072,526 $(636,103)   $436,617 

Subject to the comments contained in the Accountants' Review Report.
                                                                 Page 4 of 10
                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                       STATEMENTS OF OPERATIONS
                              (Unaudited)



  
                                          For The Three Months Ended
                                                September 30,       
                                             1997           1996    


Income                                    $     -0-     $       -0-

General and Administrative Expenses
  Management Fees                             1,600           2,400
  Professional Fees                           1,750           7,313
  Miscellaneous Expenses                        370           3,868

Total Expenses                                3,720          13,581

                                             (3,720)        (13,581)

Other Income
  Interest Income                               411             647

(Loss) Before Franchise Taxes                (3,309)        (12,934)

Franchise Tax Expense (Benefit)                 733             -0-

(Loss) Before Extraordinary Item             (4,042)        (12,934)

Extraordinary Item
  Write Down of Investment (Note 3)        (285,078)            -0-

Net (Loss)                                $(289,120)    $   (12,934)

Net (Loss) Per Share                      $  (0.15)     $     (0.01)

Weighted Average Number
  of Shares                               1,937,354        1,937,354











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


                                                      Page 5 of 10

                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                       STATEMENTS OF OPERATIONS
                              (Unaudited)

                                           For The Six Months Ended
                                                September 30,       
                                              1997          1996    

Income                                    $     -0-     $       -0-

General and Administrative Expenses
  Management Fees                             4,000           4,800
  Professional Fees                           3,500          14,263
  Miscellaneous Expenses                        554           6,262

Total Expenses                                8,054          25,325

                                             (8,054)        (25,325)

Other Income-Interest Income                    793           1,411

(Loss) Before Franchise Taxes                (7,261)        (23,914)

Franchise Tax Expense (Benefit)                (856)           (432)

(Loss) Before Extraordinary Item             (8,117)        (23,482)

Extraordinary Item
  Write Down of Investment (Note 3)        (285,078)            -0-

Net (Loss)                                $(293,195)    $   (23,482)

Net (Loss) Per Share                      $  (0.15)     $      (.01) 

Weighted Average Number
  of Shares                               1,937,354       1,937,354

Cumulative Amounts From Inception
  Income                                  $       -0-
  Expenses                                    417,579
                                             (417,579)
  Interest Income                              92,825
  (Loss) Before Franchise Taxes
    and Extraordinary Item                   (324,754)
  Franchise Taxes                             (26,271)
  (Loss) Before Extraordinary Item           (351,025)
    Extraordinary Item                       (285,078)
  Net (Loss)                              $  (636,103)





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

                                                      Page 6 of 10


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


                                              For The Six Months Ended
                                                    September 30,   
                                                   1997       1996  


Cash Flows From Operating Activities:

Net (Loss)                                      $(293,195)  $(23,482)
  Changes in Asset & Liability Accounts:
    Increase (Decrease) in Accrued Expenses          (800)       -0-

Net Cash Provided By (Used In)
 Operating Activities                            (293,995)   (23,482)

Cash Flows from Financing Activities
  Write Down of Investment                        285,078        -0-

Net Cash Provided By Financing Activities         285,078        -0-

Net Increase (Decrease) In Cash                    (8,917)   (23,482)

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


CASH AND CASH EQUIVALENTS -
 END OF PERIOD                                  $  36,800   $ 57,275

Supplemental disclosure of cash flow:
  Cash paid during the period for:
    Interest                                    $     -0-   $    -0-
    Income tax                                  $     856   $    432















Subject to the comments contained in the Accountants' Review Report.   
                                                                       
                                                          Page 7 of 10
                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                   NOTES TO THE FINANCIAL STATEMENTS
              FOR THE SIX MONTHS ENDED SEPTEMBER 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

          Costs associated with the Company's 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 8 of 10

DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                   NOTES TO THE FINANCIAL STATEMENTS
              FOR THE SIX MONTHS ENDED SEPTEMBER 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 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.

          Extraordinary Item

          In the quarter ended June 30, 1996 a sale of TVI stock
          occurred.  The sale was by an unrelated shareholder and
          resulted in a complete liquidation of that stockholders
          interest.  The current financial statements reflect a $285,078
          extraordinary write down of the Company's investment to
          reflect the fair value, as 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 has 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 and $400 per month from
          September 1, 1997.  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.  

                                                       Page 9 of 10


DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                   NOTES TO THE FINANCIAL STATEMENTS
              FOR THE SIX MONTHS ENDED SEPTEMBER 30, 1997
                              (Unaudited)
                              (Continued)



          These NOL's expire between the years 2003 and 2010.  The
          income 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.                     


NOTE 6:   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 7:   COMMON STOCK

          On May 29, 1996 the Company effected a one (1) for one hundred
          (100) reverse stock split.  The number of authorized shares
          was changed 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.

NOTE 8:   INTERIM FINANCIAL REPORTING

          The unaudited financial statements of the Company for the
          period April 1, 1997 to September 30, 1997 have been prepared
          by management from the books and records of the Company, and
          reflect, in the opinion of management, all adjustments
          necessary for a fair presentation of the financial position
          and operations of the Company as of the period indicated
          herein, and are of a normal recurring nature.
















                                                        Page 10 of 10

                    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.  During the quarter ended September 30, 1987, the
Registrant completed its proposed public offering.

          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 $685,000 of debt into
2,883,333 shares of TVI common stock, representing approximately 9.6% 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 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.

          In the quarter ended June 30, 1996, a sale of Target Vision,
Inc. stock occurred.  The sale was by an unrelated shareholder and
resulted in a complete liquidation of that stockholder's interest.  The
current financial statements reflect a $285,078 extraordinary write down
of the investment to reflect a more realistic fair value.  For the six
months ended Sept. 30, 1997, the Registrant generated a net loss of
$293,195.  The loss for the six months ended Sept. 30, 1997 reflects an
extraordinary item- write down of investment in Target Vision Inc.
amounting to $285,078, interest income of $793; general and
administrative expenses amounted to $8,054 of which professional fees 
(accounting and legal) amounted to $3,500, managerial fees, paid to a 
company in which the officers and directors of the Registrant are
majority shareholders, amounted to $4,000 and miscellaneous expenses
amounting to $554 and a franchise tax expense of $856.  For the six
months ended Sept. 30, 1996 the net loss amounted to $23,482.  This loss
reflects interest income of $1,411.  General and administrative expenses
for the six months ended Sept. 30, 1996 amounted to $25,325 of which
professional fees (accounting and legal) amounted to $14,263 and
managerial fees, paid to a company which the officers and directors of
the Registrant are majority shareholders, amounted to $4,800 and
miscellaneous expenses amounted to $6,262.

          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 September 1, 1997, the management fee for
services has been reduced to $400 per month.

          Subsequent to the close of the fiscal quarter and at the
request of the officers and directors involved in a class action, the
Registrant passed resolutions, agreed to by those officers and
directors, wherein advances for expenses to be reimbursed pursuant to
indemnification would in the future be waived, and thus the Registrant
no longer has any contingent liabilities relating to this case.  The
class action was commenced in 1989 and subsequent to the officers
denying liability in an answer the action has remained dormant against
the officers and directors of the Registrant.

          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, 1996 was 1,937,354.
During the week of August 2, 1996, the Registrant's common stock was
relisted on the OTC bulletin board with the symbol DAVN.

                     PART II.  OTHER INFORMATION;

Item 1.   Legal Proceedings.   None             


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.
                              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:  November 12, 1997