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 December 31, 1996 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)

          461 Beach 124 Street, Belle Harbor, NY 11694
                                                                  
      (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

                        DECEMBER 31, 1996








                            I N D E X





                                                            Page


INDEPENDENT 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










             INDEPENDENT ACCOUNTANTS' REVIEW REPORT



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

We have reviewed the balance sheet of DAVIN ENTERPRISES, INC. (A
Development Stage Enterprise) as of December 31, 1996 and the
related statements of operations, stockholders' equity and cash
flows for the nine month periods ended December 31, 1996 and 1995,
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 condensed consolidated 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, 1996, and the
related statements of operations, stockholders' equity and cash
flows for the year then ended (not presented herein); and in our
report dated May 30, 1996, 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, 1996 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
January 14, 1997


                                                  Page 1 of 10

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

                                             December 31,
                                                 1996       March 31,
                                             (Unaudited)      1996   

                              A S S E T S

CURRENT ASSETS
  Cash and Cash Equivalents                   $   51,895   $   80,757
    Total Current Assets                      $   51,895   $   80,757

OTHER ASSETS
  Deferred Acquisition Fees (Note 4)               5,000        5,000
  Organization Costs                               1,300        1,300
  Investment - Target Vision Inc.
    - Common Stock, At Fair Value
      (Note 3)                                   450,000      450,000
    Total Other Assets                           456,300      456,300
                                              
TOTAL ASSETS                                  $  508,195   $  537,057


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   $      750
    Total Current Liabilities                        750          750

Contingencies (Note 7)

STOCKHOLDERS' EQUITY
  Common Stock (Par Value $.0001)
    50,000,000 Shares Authorized
    1,937,452 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                           (565,275)    (536,413)
    Total Stockholders' Equity                   507,445      536,307

TOTAL LIABILITIES AND STOCKHOLDERS'
  EQUITY                                      $  508,195   $  537,057








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 December 31, 1996

                  # 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          114,902       12         239,933               239,945

Net 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

Net 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

Net 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

Net 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 10

                           DAVIN ENTERPRISES, INC.
                        (A Development Stage Company)
                     STATEMENTS OF STOCKHOLDERS' EQUITY
        For The Period April 8, 1987 (Inception) to December 31, 1996
                                 (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

Net 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

Net 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

Net 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

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

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

Net Loss for the
Nine Months Ended
Dec. 31, 1996
(Unaudited)                                            (28,862)    (28,862)


BALANCES-
DEC. 31, 1996
(Unaudited)       1,937,452     $194      $1,072,526 $(565,275)   $507,445




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
                                              December 31,    
                                          1996          1995  


Income                                   $   -0-       $   -0-

General and Administrative Expenses
  Management Fees                          2,400         2,400
  Professional Fees                        1,950         2,250
  Miscellaneous Expenses                   1,560            67

Total Expenses                             5,910         4,719

Operating (Loss)                          (5,910)       (4,719)

Other Income
  Interest Income                            530         1,049

(Loss) Before Franchise Taxes             (5,380)       (3,670)

Franchise Taxes (Note 5)                     -0-           -0-


Net (Loss)                               $(5,380)      $(3,670)


(Loss) Per Share                           NIL           NIL


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















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 Nine Months Ended
                                                     December 31,    
                                                1996          1995   

Income                                        $     -0-     $     -0-

General and Administrative Expenses
  Management Fees                                 7,200         7,200
  Professional Fees                              16,213         9,582
  Miscellaneous Expenses                          7,822           746

Total Expenses                                   31,235        17,528

Operating (Loss)                                (31,235)      (17,528)

Other Income
  Interest Income                                 1,941         3,312

(Loss) Before Franchise Taxes
  and Extraordinary Item                        (29,294)      (14,216)

Franchise Taxes (Note 6)                           (432)          (41)

Loss Before Extraordinary Item                  (28,862)      (14,257)

Extraordinary Item
  Write Down of Investment (Note 3)                 -0-      (235,078)

Net (Loss)                                    $ (28,862)    $(249,335)

(Loss) Per Share                                  NIL           NIL

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

Cumulative Amounts From Inception
  Income                                      $     -0-
  Expenses                                      397,478
    Operating (Loss)                           (397,478)
  Interest Income                                91,531
  (Loss) Before Franchise Taxes and
    Extraordinary Item                         (305,947)
  Franchise Taxes                               (24,250)
  (Loss) Before Extraordinary Item             (330,197)
    Extraordinary Item                         (235,078)
  Net (Loss)                                  $(565,275)


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 Nine Months Ended
                                                 December 31,    
                                              1996         1995  

    
Cash Flows From Operating Activities:

Net Income (Loss)                           $(28,862)   $(249,335)
  (Increase) Decrease in Prepaid
    Expenses                                     -0-          -0-
  Increase (Decrease) in Accrued
    Expenses                                     -0-          -0-

Net Cash Provided By (Used In)
 Operating Activities                        (28,862)    (249,335)

Cash Flows From Financing Activities        
  Write Up of Investment                         -0-      235,078

Net Cash Provided By Financing Activities        -0-      235,078

Net Increase (Decrease) in Cash              (28,862)     (14,257)

Cash and Cash Equivalents -
  Beginning of Period                         80,757      100,336


CASH AND CASH EQUIVALENTS -
 END OF PERIOD                              $ 51,895    $  86,079


















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 NINE MONTHS ENDED DECEMBER 31, 1996
                              (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

          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.

          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. 






                                                         Page 8 of 10

                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                   NOTES TO THE FINANCIAL STATEMENTS
              FOR THE NINE MONTHS ENDED DECEMBER 31, 1996
                              (Unaudited)
                              (Continued)

          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, which was the carrying amount of the loan.

          Extraordinary Item

          In the quarter ended June 30, 1995 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 $235,078
          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. 
          Unaudited financial information of TVI for the year ended
          September 30, 1995 follows:

                    Total Assets                $2,780,874
                    Stockholders' Equity           680,958
                    Revenues                     6,686,957
                    Net Income                     633,841

Note 4:   DEFERRED ACQUISITION COSTS

          The Company retained a business brokerage firm ("BBF") to
          locate business opportunities.  A good faith deposit was
          placed with the broker upon the acquisition of a business
          through BBF.  The deposit will be reimbursed to the Company if
          the Company completes an acquisition using BBF's services.  If
          the Company ceases to use the services of BBF, the good faith
          deposit will be forfeited and at such time it will be charged
          to operations.

Note 5:   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.  Arthur Seidenfeld,
          president of the Company, is also president of Modern
          Technology Corp.









                                                          Page 9 of 10

                        DAVIN ENTERPRISES, INC.
                   (A Development Stage Enterprise)
                   NOTES TO THE FINANCIAL STATEMENTS
              FOR THE NINE MONTHS ENDED DECEMBER 31, 1996
                              (Unaudited)
                              (Continued)

Note 6:   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 $281,756 of Net Operating Loss (NOL) carryforwards
          which can be used to offset future income.  These NOL's expire
          between the years 2003 and 2009.  The income tax benefit for
          the current quarter is the result of prior period
          overpayments.

Note 7:   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 8:   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 9:   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 10:  INTERIM FINANCIAL REPORTING

          The unaudited financial statements of the Company for the
          period April 1, 1996 to December 31, 1996 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.

          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 insued 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, 1995, TVI generated net
revenues of $6,686,957, and net income of $633,841.  At September 30,
1995, TVI had total assets of $2,780,874, and stockholders' equity of
$680,958.  The figures already mentioned for the year ended September
30, 1995 and the balance sheet figures at September 30, 1995 were
unaudited 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, 1995, 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 $235,078 extraordinary write down
of the investment to reflect a more realistic market value.  

          For the nine months ended December 31, 1996, the Registrant
generated a net loss of $28,862.  The loss for the nine months ended
December 31, 1996 reflects interest income of $1,941; general and
administrative expenses amounted to $31,235 of which professional fees
(accounting and legal) amounted to $16,213, managerial fees, paid to a
company in which the officers and directors of the Registrant are
majority shareholders, amounted to $7,200 and miscellaneous expenses
amounting to $7,822.  For the nine months ended December 31, 1995 the
net loss amounted to $249,335.  This loss reflects the extraordinary
write down of the investment in Targetvision Inc. amounting to $235,078,
interest income of $3,312.  General and administrative expenses for the
nine months ended December 31, 1995 amounted to $17,528 of which
professional fees (accounting and legal) amounted to $9,582 and
managerial fees, paid to a company which the officers and directors of
the Registrant are majority shareholders, amounted to $7,200 and
miscellaneous expenses amounted to $746.

          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, 1996 was 1,937,452.  As
a subsequent event, 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.

                              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:  February 9, 1997