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 March 31, 1999 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 2-80891-NY

                     MODERN TECHNOLOGY CORP.
                                                                  
     (Exact Name of Registrant as Specified in its Charter)

Nevada                                  11-2620387
                                                                  
(State or other jurisdiction of         (I.R.S. Employer
Incorporation or Organization)            Identification Number)

           240 Clarkson Ave  Brooklyn, New York 11226
                                                                  
(Address of Principal Executive Office)           (Zip Code)

                          (718)469-3132
                                                                  
      (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 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.  20,150,000

                              10Q-1













                     MODERN TECHNOLOGY CORP.

                      FINANCIAL STATEMENTS

                         MARCH 31, 1999






                            I N D E X




                                                            Page



ACCOUNTANTS' REVIEW REPORT                                    1


CONSOLIDATED BALANCE SHEETS                                   2


CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY                3


CONSOLIDATED STATEMENTS OF OPERATIONS                         4


CONSOLIDATED STATEMENTS OF CASH FLOWS                         5


NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS               7-11






                   ACCOUNTANTS' REVIEW REPORT




To the Board of Directors and Stockholders
MODERN TECHNOLOGY CORP.
Brooklyn, New York  

We have reviewed the consolidated balance sheets of MODERN
TECHNOLOGY CORP. as at March 31, 1999, and the related consolidated
statements of operations, stockholders' equity and cash flows for
the nine month periods ended March 31, 1999 and 1998, 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 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 consolidated balance sheet as of June 30,
1998, and the related consolidated statements of operations,
stockholders' equity and cash flows for the year then ended (not
presented herein); and in our report dated August 6, 1998, we
expressed an unqualified opinion on those financial statements.  In
our opinion, the information set forth in the accompanying balance
sheet as of June 30, 1998 is fairly stated in all material respects
in relation to the consolidated balance sheet from which it has
been derived.



                                   GREENBERG & COMPANY, LLC

Springfield, New Jersey
April 22, 1999


                                                     Page 1 of 11
                        MODERN TECHNOLOGY CORP.
                      CONSOLIDATED BALANCE SHEETS


                                      March 31, 1999
                                        (Unaudited)    June 30, 1998

                              A S S E T S

CURRENT ASSETS
  Cash and Cash Equivalents              $776,179         $701,275
    Total Current Assets                  776,179          701,275

EQUIPMENT - At Cost                         9,939            9,939
  Less:  Accumulated Depreciation           9,939            9,939
                                              -0-              -0-

OTHER ASSETS 
  Investments, At Cost                     47,100           24,750
  Note Receivable                         100,000              -0-
  Deferred Registration Costs                 -0-           26,007
  Other Assets                                 85              385
    Total Other Assets                    147,185           51,142


TOTAL ASSETS                             $923,364         $752,417


                                   
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 Expenses                       $  3,200         $  8,200
  Income Tax Payable                       46,489              -0-
    Total Current Liabilities              49,689            8,200

STOCKHOLDERS' EQUITY
  Common Stock Par Value $.0001
    Authorized:  150,000,000
    Shares Issued and Outstanding:
    20,150,000 Shares                       2,015            2,015
  Paid-In Capital in Excess of Par        495,161          495,161
  Retained Earnings                       376,499          247,041
    Total Stockholders' Equity            873,675          744,217


TOTAL LIABILITIES AND
  STOCKHOLDERS' EQUITY                   $923,364         $752,417
  





See accompanying notes and Accountants' Review Report.


                                                          Page 2 of 11
                     MODERN TECHNOLOGY CORP.
         CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY
          FOR THE PERIOD JULY 1, 1997 TO MARCH 31, 1999



                                                           Total
                              Par                          Stock-
                  # of       Value   Paid-In    Retained   holders'
                 Shares     $.0001   Capital    Earnings    Equity 






BALANCES AT
JULY 1, 1997   20,150,000   $2,015   $495,161   $230,843   $728,019

Net Income
(Loss) for
the Year 
ended 
June 30, 1998                                     16,198     16,198

BALANCES AT 
JUNE 30, 1998
(Audited)      20,150,000    2,015    495,161    247,041    744,217

Net Income(Loss) 
for the Nine
Months Ended
March 31, 1999                                   129,458    129,458


BALANCES AT 
MARCH 31, 1999
(Unaudited)    20,150,000   $2,015   $495,161   $376,499   $873,675
















See accompanying notes and Accountants' Review Report.


                                                         Page 3 of 11
                        MODERN TECHNOLOGY CORP.
                 CONSOLIDATED STATEMENTS OF OPERATIONS
                              (Unaudited)



                                                     For The Three
                                                     Months Ended
                                                       March 31,     
                                                    1999       1998  


REVENUES

  Interest Income                                 $  7,189   $  7,304
  Realized Gain on Sale of Trading 
   Securities                                       37,134        -0- 
                                                    44,323      7,304 
  

EXPENSES

  Officers Salaries                                  1,800      1,200 
  General and Administrative Expenses               19,250      6,542
  Merger Related Expenses                           27,409        -0-
  Equity in Loss of Subsidiary                         -0-      1,649
                                                    48,459      9,391 

INCOME (LOSS) BEFORE TAXES                          (4,136)    (2,087)

Income Tax Expense (Benefit)                       (10,509)    (1,119)


NET INCOME (LOSS)                                 $  6,373   $   (968)


NET INCOME (LOSS) PER SHARE                       $  0.01       NIL  


NUMBER OF WEIGHTED AVERAGE SHARES
  OUTSTANDING                                   20,150,000  20,150,000













See accompanying notes and Accountants' Review Report.


                                                         Page 4 of 11
                        MODERN TECHNOLOGY CORP.
                 CONSOLIDATED STATEMENTS OF OPERATIONS
                              (Unaudited)



                                                     For The Nine
                                                     Months Ended
                                                       March 31,     
                                                    1999       1998  


REVENUES

  Interest Income                                 $ 24,109   $23,644  
  Management Income                                    -0-     3,200
  Realized Gain on Securities Sale                 231,150    67,065
                                                   255,259    93,909
  
  

EXPENSES

  Officers Salaries                                 10,775    22,100  
  General and Administrative Expenses               33,500    32,126
  Merger Related Expense                            27,409       -0-
  Equity in Loss of Subsidiary                       6,785     8,498
                                                    78,469    62,724  
  

INCOME BEFORE TAXES                                176,790    31,185

Income Tax Expense                                  47,332    16,191  


NET INCOME (LOSS)                                 $129,458   $14,994  


NET INCOME (LOSS) PER SHARE                           $.01     NIL  


NUMBER OF WEIGHTED AVERAGE SHARES
  OUTSTANDING                                   20,150,000  20,150,000











See accompanying notes and Accountants' Review Report.


                                                  Page 5 of 11
                        MODERN TECHNOLOGY CORP.
                 CONSOLIDATED STATEMENTS OF CASH FLOWS
                              (Unaudited)

                                                   For The Nine
                                                   Months Ended
                                                     March 31,      
                                                 1999        1998   

CASH FLOWS FROM OPERATING ACTIVITIES:
  Net Income (Loss)                            $129,458    $ 14,994   
  Adjustments to Reconcile Net
   Income to Net Cash Provided By
   Operating Activities:
    Changes in Assets and Liabilities:
     (Increase) Decrease in Other Assets            300         -0- 
     (Decrease) Increase in Accrued
        Expenses and Taxes                       41,489      14,673

  Net Cash Provided By (Used In)
   Operating Activities                         171,247      29,667   

CASH FLOWS FROM INVESTING ACTIVITIES:
  Sale of Investment                              7,950      25,020
  Purchase of Note Receivable                  (100,000)        -0-
  Deferred Registration Costs-Subsidiary            -0-        (100)
  Deconsolidation of Subsidiary                  (4,293)        -0-

  Net Cash Provided By (Used In)
   Investing Activities                         (96,343)     24,920   

Net (Decrease) Increase in Cash
  and Cash Equivalents                           74,904      54,587    

Cash and Cash Equivalents,
  Beginning of Period                           701,275     647,886   

CASH AND CASH EQUIVALENTS
  END OF PERIOD                                $776,179    $702,473   

Supplemental Disclosures of 
  Cash Flow Information
   Cash Paid During Period For:
     Taxes                                     $    843    $  8,113   
     Interest                                       -0-         -0-









See accompanying notes and Accountants' Review Report.


                                                           Page 6 of 11

                     MODERN TECHNOLOGY CORP.
         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                         MARCH 31, 1999
                           (Unaudited)

NOTE 1:   ORGANIZATION AND NATURE OF OPERATIONS

          Modern Technology Corp. (Modern) is a Nevada corporation. 
          Modern is engaged in aiding prospective clients in
          obtaining financing and in providing managerial services
          to client companies.  Modern's office is located in New
          York.

NOTE 2:   SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

          ACCOUNTING POLICIES

          Modern Technology Corp.'s accounting policies conform to
          generally accepted accounting principles.  Significant
          policies followed are described below.
          
          BASIS OF PRESENTATION

          The accompanying consolidated financial statements
          include the accounts of the Company's wholly owned
          subsidiary Coral Development Corp (Coral) through the
          period ended December 31, 1998.  All significant
          intercompany balances and transactions have been
          eliminated in consolidation.  Modern invested $30,300 in
          Coral during the quarter ended December 31, 1996.

          During the quarter ended March 31, 1999, Modern merged
          Coral with Omnicomm Systems, Inc. (Omnicomm).  In the
          exchange, Modern received 403,000 shares of Omnicomm for
          all of the issued and outstanding shares of Coral.  Since
          Modern now owns less than 50% of Omnicomm and does not
          exercise any significant control, the investment is now
          accounted for at cost.

          RECLASSIFICATIONS
          
          Certain items from prior periods within the financial
          statements have been reclassified to conform to current
          period classifications.

          CASH AND CASH EQUIVALENTS

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








                                                    Page 7 of 11
                    MODERN TECHNOLOGY CORP.
         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                         MARCH 31, 1999
                           (Unaudited)
                           (Continued)

          ESTIMATES IN FINANCIAL STATEMENTS

          The preparation of the Company's financial statements in
          conformity with generally accepted accounting principles
          requires management to make estimates and assumptions
          that affect the reported amounts of assets and
          liabilities at the date of the financial statements and
          the reported amounts of revenues and expenses during the
          reporting period.  Actual results could differ from those
          estimates.

          INCOME TAXES

          The Company accounts for income taxes in accordance with
          Statement of Financial Accounting Standards ("SFAS") No.
          109, "Accounting for Income Taxes."  SFAS 109 has as its
          basic objective the recognition of current and deferred
          income tax assets and liabilities based upon all events
          that have been recognized in the financial statements as
          measured by the provisions of the enacted tax laws. 

          Valuation allowances are established when necessary to
          reduce deferred tax assets to the estimated amount to be
          realized.  Income tax expense represents the tax payable
          for the current period and the change during the period
          in the deferred tax assets and liabilities.

          DEFERRED REGISTRATION COSTS

          As of March 31, 1999, the Company's former subsidiary,
          Coral, had incurred deferred registration costs of
          $48,930 relating to expenses incurred in connection with
          the merger of Coral and Omnicomm Systems Inc.  Upon
          consummation of this merger, the deferred registration
          costs were charged to operations.

NOTE 3:   MARKETABLE SECURITIES

          During the quarter ended December 31, 1998, the 
          investment in Creative Master International Inc. (CMST)
          (formerly Davin Enterprises, Inc.) of 37,575 shares was
          relcassified to a trading security in accordance with
          Financial Accounting Standard (FAS) 115.  CMST shares
          were listed on the NASD National Market on December 30,
          1998.  The cost of these shares was $7,950.  During the
          quarter ended March 31, 1999, the entire investment was
          sold.  The total realized gain was $231,150.




                                                    Page 8 of 11
                     MODERN TECHNOLOGY CORP.
         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                         MARCH 31, 1999
                           (Unaudited)
                           (Continued)

NOTE 4:   INVESTMENT IN EQUITY SECURITIES (At Cost)

          Investments in Non-Marketable Equity Securities consist
          of the following:
                                        March 31,  June 30,
                                          1999       1998  
          Investment in 72 million
          restricted shares in
          Daine Industries, Inc.        $15,900    $15,900

          Investment in 37,575
          restricted shares in
          Creative Master 
          International, Inc.
          (formerly Davin 
          Enterprises, Inc.)                -0-      7,950

          Investment in 403,000
          shares of Omnicomm
          Systems, Inc.                  30,300        -0-

          Investments in other
          restricted securities             900        900
                                        $47,100    $24,750

          The Company purchased 72 million shares of Daine
          Industries, Inc. stock at a cost of $15,900.  This
          represents 29% of the total outstanding shares of common
          stock.

          The Company purchased 37,575 shares of Creative Master
          International, Inc. (formerly Davin Enterprises, Inc.) at
          a cost of $7,950.  This investment was sold during the
          quarter ended March 31, 1999 at a profit of $231,150.

          The Company purchased an investment in TTR Inc., a 10%
          promissory note in the amount of $25,000 with warrants
          for 4,000 shares exercisable at $.01 at the time of a TTR
          initial public offering.  TTR Inc. incorporated for the
          purpose of designing, developing, and marketing computer
          software products.  During the quarter ended September
          30, 1997, this investment was sold.

          The Company purchased 25,000 shares of Delta Three Inc.
          for $25,000.  Delta Three, Inc. is a telecommunications
          provider using Internet technology for voice
          transmission. During the quarter ended September 30,
          1997, this investment was sold. 



                                                   Page 9 of 11
                     MODERN TECHNOLOGY CORP.
         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                         MARCH 31, 1999
                           (Unaudited)
                           (Continued)

NOTE 5:   INVESTMENT IN AFFILIATE (At Equity)

          Investment in Soft Sail Wind Power Inc.
          (representing approximately 36% of the
          outstanding common stock)                

          The summarized unaudited financial information below
          represents the Company's nonsubsidiary affiliate:

          Balance Sheet Data at June 30, 1996:
            Total Assets                           $ 12,656
            Total Liabilities                        11,400
              Net Assets                              1,256
            Company's Equity in Net Assets              452

          Earnings Data at June 30, 1996:
            Net Earnings (Loss)                     (26,350)
            Company's Equity in Net 
              Earnings (Loss)                        (9,486)

     During the year ended June 30, 1997 the Company recognized a
     complete loss on its investment and loan to Soft Sail.  There
     is no financial information available since June 30, 1996.  At
     the present time the Company does not believe Soft Sail will
     be able to repay its debt to the Company and has therefore
     considered its debt and equity investment in Soft Sail to be
     worthless.  The loss on the loan was $11,400 and the loss on
     its equity investment was $16,005.  Both of these losses were
     recognized during the year ended June 30, 1997.

NOTE 6:   INCOME TAXES

          The provision for income taxes is comprised of the
          following:
                                        3/31/99    3/31/98

          Current tax expense (benefit)
            Federal income tax          $46,732    $ 4,890
            State & city income tax         600     11,301
          Total tax expense             $47,332    $16,191

          There were no deferred tax assets or liabilities at March
          31, 1999 or 1998.








                                                   Page 10 of 11
                     MODERN TECHNOLOGY CORP.
         NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
                         MARCH 31, 1999
                           (Unaudited)
                           (Continued)

NOTE 7:   POSTRETIREMENT BENEFITS

          The Company does not maintain any employee benefits     
          currently.  The Company does not maintain a plan for any 
          postretirement employee benefits, therefore, no provision
          was made under FAS's 106 or 112.

NOTE 8:   RELATED PARTY TRANSACTIONS

          Arthur Seidenfeld, President and a director of the
          Company, owns 14.5% of the outstanding shares of Daine
          Industries, Inc.  Anne Seidenfeld, Treasurer, Secretary
          and a director of the Company, owns 12% of the
          outstanding shares of Modern Technology Corp.  Anne
          Seidenfeld is Arthur Seidenfeld's mother.

NOTE 9:   INTERIM FINANCIAL REPORTING

          The unaudited financial statements of the Company for the
          period July 1, 1998 to March 31, 1999 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 11 of 11
                 Part 1.  Financial Information

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

          Modern Technology Corp. ("The Registrant") is engaged in
aiding prospective clients in obtaining financing and in providing
management services to client companies.  

          During the nine months ended March 31, 1999, the
Registrant had a net income of $129,458 as compared with net income
of $14,994 during the nine months ended March 31, 1998.  For the
nine months ended March 31, 1999, total revenues amounted to
$255,259, a $161,350 increase over revenues generated during the
nine months ended March 31, 1998.  Expenses for the nine months
ended March 31, 1999 amounted to $78,469, a 25% increase over
expenses incurred for the nine months ended March 31, 1998.  The
net income before taxes amounted to $176,790 for the nine months
ended December 31, 1998, as compared with net income before taxes
of $31,185 earned during the nine months ended March 31, 1998.  

          The net income generated for the nine months ended March
31, 1999 can be attributable to the gain in trading
securities (Creative Master International Inc., formerly Davin
Enterprises Inc.) less income tax expense.

          During the three month period ended September 30, 1997,
the Registrant sold its share positions in Delta Three Inc. and TTR
Inc., generating a gain of $67,065.

          During the nine months ended March 31, 1999, the
Registrant's treasurer-secretary, Anne Seidenfeld, received a
salary of $5,400.  During the nine months ended March 31, 1998, she
received a salary of $4,800.  During the nine months ended March
31, 1999, the Registrant's president, Arthur Seidenfeld, received
a salary of $5,375.  For the nine months ended March 31, 1998, the
Registrant's president, Arthur Seidenfeld, received a salary of
$17,300.

          The cash and cash equivalent balances along with holdings
of U.S. Treasury Obligations of the Company as of March 31, 1999
and June 30, 1998 were $776,179 and $701,275 respectively.

          The Registrant received management fees of $3,200 from
Davin Enterprises Inc. for the nine months ended March 31, 1998. 
The Registrant provided administrative, clerical, bookkeeping and
other services to Davin Enterprises Inc.  The agreement to provide
the above listed services was terminated on December 31, 1997.  At
December 31, 1998, the Registrant owned 37,575 shares of Creative
Master International Inc. (formerly Davin Enterprises Inc.) at a
cost of $7,950, representing about 1% of the total outstanding
shares of Creative Master outstanding.  Davin Enterprises merged
with Creative Master International Inc. in December 1997.
          During December 1996, the Registrant purchased 403,000
shares of Coral Development Corp. for $30,300.  The Registrant has
registered these shares with the Securities and Exchange Commission
with the intention to distribute those shares to the Registrant's
shareholders in the form of a dividend.

          Coral Development Corp ("the Company") was incorporated
under the laws of Delaware on November 19, 1996 by Modern
Technology Corp (MTC).  The Company originally completed a "blind
pool/blank check" offer pursuant to Rule 419 by having MTC
distribute Company shares as a dividend to MTC shareholders.  On
July 22, 1998 it signed an agreement with OmniComm Systems Inc.
(OmniComm) whereby the Company and OmniComm would merge and the
Company would issue 940,000 shares to the shareholders of OmniComm
in exchange for all their shares (which are all the outstanding
shares of OmniComm).  Due to time limitations the Rule 419
distribution was not completed.  However, the Company, OmniComm and
MTC agreed to merge as planned and subsequently to distribute the
Coral shares as a dividend to MTC shareholders.  As the Company is
no longer a "blind pool/blank check" due to the combination with
OmniComm, this distribution may be made without compliance with
Rule 419 but will be accompanied by a Form 10-SB filed on December
22, 1998.  The Company shares owned by MTC will be distributed to
MTC shareholders on the basis of one Coral share for each fifty
(50) MTC shares.

          OmniComm is an information and technology integration
company located in Coconut Grove, Florida.  The Company provides
customized, comprehensive offering of dynamic web and data base
applications with its expertise in designing and configuring
networks.

          During February 1999, the Registrant purchased a $100,000
convertible note in Omnicomm Systems, Inc. ("Omnicomm").  The note
carries a 10% interest rate and is convertible at the Registrant's
option into 80,000 shares of Omnicomm (exercisable at $1.25 each). 
A private placement of notes of Omnicomm was recently completed
raising approx. $800,000.  A majority of the noteholders can demand
registration of the shares accompanying these notes.  The notes
mature on June 30, 2004.

          During March 1999, the Registrant established a
subsidiary entitled Excess Materials, Inc. ("Excess Materials"). 
Excess Materials is an electronic internet marketplace for
corporate buyers and sellers of industrial supplies, equipment,
metals, animal hides and textile items.  Excess Materials derives
its revenues from commissions paid by the seller on completed
transactions.

          It offers a business service matching corporate buyers
and sellers only.  It does not handle sales to individual
consumers.  Company operations are expected to begin in May 1999. 
The Registrant owns 70% of the shares of Excess Materials, and the
Registrant's president and treasurer-secretary (Arthur and Anne
Seidenfeld) each own 10% of the shares of Excess Materials.
          The Registrant has evaluated the impact of the Year 2000
issue on the business and does not expect to incur significant
costs with Year 2000 compliance.  The Registrant believes that all
software and hardware requirements to enable it to cope with the
Year 2000 issue have been or are being currently implemented. 
However, there can be no assurance that unanticipated costs may
arise in implementing these requirements.

                   Part 2.  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 the Securities Act of
1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.


                     MODERN TECHNOLOGY CORP.


                    By: Arthur J. Seidenfeld                   
                 President, Chief Executive and
                     Chief Financial Officer
                          May 11, 1999