U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                                   Form 10-QSB

     (Mark One)

     [X]  QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE
          ACT OF 1934 FOR THE PERIOD ENDED JUNE 30, 1997.

     [ ]  TRANSITION  REPORT  UNDER  SECTION  13  OR  15(d)  OF  THE  SECURITIES
          EXCHANGE  ACT OF 1934 FOR THE  TRANSITION  PERIOD FROM  ______________
          TO_____________________.

Commission File Number: 0-29020

                          MULTIMEDIA ACCESS CORPORATION
        (Exact Name of Small Business Issuer as Specified in its Charter)

          Delaware                                   75-2528700
(State or other Jurisdiction of              (I.R.S. Employer Incorporation
 Incorporation or Organization)                    Identification No.)


 2665 Villa Creek Drive, Suite 200, Dallas TX                    75234
(Address of principal executive offices)                       (Zip Code)

                                  972/488-7200
                           (Issuer's Telephone Number)


Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Securities  Exchange  Act  during the past 12 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 90 days. Yes X No


As of August 11, 1997,  7,910,291 shares of the  Registrant's  common stock were
outstanding



<PAGE>


                 MULTIMEDIA ACCESS CORPORATION AND SUBSIDIARIES
                              INDEX TO FORM 10-QSB


PART I. FINANCIAL INFORMATION

 Item 1. Financial Statements

 Consolidated  Balance  Sheets  at  December  31,  1996 and June 30,  1997
  (Unaudited) .................................................................3
 
 Consolidated Statements of Operations for the Three Months ended June 30,
  1996 and 1997  (Unaudited)  and the Six Months  ended June 30,  1996 and
  1997 (Unaudited) ............................................................4

 Consolidated  Statement of  Stockholders'  Equity  (Deficit)  for the Six
  Months ended June 30, 1997 (Unaudited) ..................................... 5

 Consolidated  Statements  of Cash Flows for the Six Months ended June 30,
  1996 and 1997 (Unaudited)................................................... 6

 Notes to Consolidated Financial Statements................................... 7

 Item 2 Management's  Discussion  and Analysis of Financial  Condition and
  Results of Operations........................................................9

PART II. OTHER INFORMATION .................................................. 11

SIGNATURES................................................................... 12


                                        2

<PAGE>

              MULTIMEDlA ACCESS CORPORATION AND SUBSIDIARIES
                        CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                                                                  DECEMBER 31,           JUNE 30,
                   ASSETS                                                             1996                 1997
                                                                                  -------------       -------------
                                                                                                        (UNAUDITED)
<S>                                                                               <C>                 <C>         
Current assets:
 Cash and cash equivalents                                                        $     18,539        $  1,454,648
 Accounts receivable,  less allowance for doubtful accounts of $43,000
  at December 31,  1996 and $29,000 at June 30, 1997                                   185,564             329,257
 Inventory                                                                             310,133           1,409,861
 Prepaid expenses                                                                       46,239             114,962
 Deferred charges                                                                      504,295               1,606
                                                                                  -------------       -------------
      Total current assets                                                           1,064,770           3,310 334

Property and equipment, net                                                            460,895             716,013
Software development costs, net                                                        147,321             172,249
Deposits                                                                                18,272              23,706
                                                                                  -------------       -------------
       Total assets                                                               $  1,691,258        $  4,222,302
                                                                                  =============       =============
         LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)
Current liabilities:
  Accounts payable                                                                   $ 682,689        $  1,015,708
  Accrued compensation                                                                 239,707             240,625
  Deferred revenue                                                                      15,591                  --
  Other accrued liabilities                                                            857,260             191,320
  Short-term debt, officer                                                             533,089             311,243
  Short-term debt, other                                                             1,966,202               3,780
  Current portion of long-term debt                                                  3,177,550                  --
                                                                                  -------------       -------------
       Total current liabilities                                                     7,472,088           1,762,676

Commitments
Stockholders' equity (deficit):
 Preferred stock $.0001 par value;
  Authorized shares - 5,000,000
  Issued shares - none                                                                      --                  --
 Common stock $ .0001 par value;
  Authorized shares - 20,000,000
  Issued and outstanding shares - 5,315,811 at December 31,1996
   and 8,171,788 at June 30, 1997                                                          532                 817
  Additional paid-in capital                                                         6,602,572          17,821,152
  Accumulated deficit                                                              (12,372,028)        (15,350,437)
  Treasury stock, 261,497 shares at December 31, 1996 and
   June 30, 1997                                                                       (l1,906)            (11,906)
                                                                                  -------------       -------------
       Total stockholders' equity (deficit)                                         (5,780,830)          2,459,626
                                                                                  -------------       -------------
       Total liabilities and stockholders' equity (deficit)                       $  1,691,258        $  4.222.302
                                                                                  =============       =============
</TABLE>

Note:The balance sheet at December 31, 1996  has  been  derived from the audited
     financial  statements  at  that  date  but  does  not  include  all  of the
     information  and  footnotes  required  by  generally  accepted   accounting
     principles for complete financial statements.

                             See accompanying notes
                                        3

<PAGE>


                 MULTIMEDIA ACCESS CORPORATION AND SUBSIDIARIES
                      CONSOLIDATED STATEMENTS OF OPERATIONS
                                   (UNAUDITED)

<TABLE>
<CAPTION>
                                              FOR THE THREE MONTHS ENDED       FOR THE SIX MONTHS ENDED
                                                       JUNE 30,                         JUNE 30,
                                             ---------------------------     --------------------------
                                                1996             1997             1996           1997
                                             ----------      -----------     -----------      -----------
<S>                                          <C>             <C>             <C>              <C>        
 NET SALES                                   $  266,265      $   574,568     $   676,719      $   834,101

 Cost of goods sold                              89,795          294,907         265,380          410,763
                                             ----------      -----------     -----------      -----------
 GROSS PROFIT                                   176,470          280,361         411,339          423,338

 Operating expenses:
  Selling, general and administrative           550,263        1,129,626       1,129,548        1,861,597
  Research and development                      463,455          682,235       1,009,854        1,244,360
  Depreciation and amortization                  51,042           75,587         101,307          134,667
                                             ----------      -----------     -----------      -----------
      Total operating expenses                1,064,760        1,887,448       2,240,709        3,240,624
                                             ----------      -----------     -----------      -----------
 OPERATING LOSS                                (888,290)      (1,607,087)     (1,829,370)      (2,817,286)

 Other Income (expense):
  Dividend and interest income                       10           31,384              59           49,811
  Interest expense                             (110,900)         (11,767)       (228,846)        (227,814)
  Other                                              --           15,594               -           16,880
                                             ----------      -----------     -----------      -----------
     Total other income (expense)              (110,890)          35,211        (228,787)        (161,123)
                                             ----------      -----------     -----------      -----------
 NET LOSS                                    $ (999,180)     $(1,571,876)    $(2,058,157)     $(2,978,409)
                                             ==========      ===========     ===========      ===========

 NET LOSS PER SHARE                          $    (0.17)     $     (0.20)    $     (0.35)     $     (0.41)
                                             ==========      ===========     ============     ===========
 WEIGHTED AVERAGE NUMBER OF COMMON AND
 COMMON EQUIVALENT SHARES OUTSTANDING         5,929,139        7,907,434       5,858,477        7,268,660
                                             ==========      ===========     ============     ===========
</TABLE>



                             See accompanying notes
                                       4


<PAGE>



                 MULTIMEDIA ACCESS CORPORATION AND SUBSIDIARIES
            CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (DEFICIT)
               FOR THE SIX MONTHS ENDED JUNE 30, 1997 (UNAUDITED)
<TABLE>
<CAPTION>
                                                             ADDITIONAL      STOCK                                       TOTAL
                                        COMMON STOCK          PAID-IN     SUBSCRIPTIONS  ACCUMULATED     TREASURY     STOCKHOLDERS'
                                      SHARES    PAR VALUE     CAPITAL      RECEIVABLE     DEFICIT          STOCK    EQUITY (DEFICIT)
                                   -----------  -----------  -----------  -------------- -------------   ---------  ----------------
<S>                                 <C>         <C>          <C>                 <C>     <C>            <C>         <C>        
BALANCE, DECEMBER 31, 1996          5,315,811   $   532      $ 6,602,572  $       --     $(12,372,028)  $(11,906)   $(5,780,830)
                                                                                                                                 
Sale of Common Stock; and Public                                                                                                 
Warrants, net of expenses           1,610,000       161        5,427,077          --               --         --      5,427,238
                                                                                                                                 
Exchange of short-term and                                                                                                       
long-term debt  for Common Stock                                                                                                 
and Public Warrants                 1,241,977       124        5,713,003          --               --         --      5,713,127
Fair  market value of warrants                                           
 issued for inducement of debt             --        --           66,500          --               --         --         66,500
Exercise of warrants                    4,000        --           12,000          --               --         --         12,000
Net loss                                   --        --               --          --       (2,978,409)        --     (2,978,409)
                                    ---------   -------      -----------  ----------     ------------   --------    -----------
Balance, June 30,1997               8,171,788   $   817      $17,821,152          --     $(15,350,437)  $(11,906)   $ 2,459,626
                                    =========   =======      ===========  ==========     ============   ========    ===========
</TABLE>

                             See accompanying notes


                                       5


<PAGE>



                       MULTIMEDIA ACCESS CORPORATION AND SUBSIDIARIES
                           CONSOLIDATED STATEMENTS OF CASH FLOWS
                                        (UNAUDITED)
<TABLE>
<CAPTION>
                                                             FOR THE SIX MONTHS ENDED
                                                                     JUNE 30,
                                                             ------------------------
                                                               1996          1997
                                                           -------------  ------------
OPERATING ACTIVITIES;
<S>                                                         <C>           <C>         
   Net loss                                                 $(2,058,157)  $(2,978,409)
   Adjustments to reconcile net loss to net cash
    used in operating activities:
     Depreciation of fixed assets                                75,902        99,367
     Amortization of software development costs                  25,404        35,300
     Non-cash charges to interest expense                            --       155,667
     Changes in operating assets and liabilities:
     Accounts receivable                                        (96,464)     (143,693)
     Inventory                                                 (148,528)   (1,099,728)
     Prepaid expenses                                           (20,380)      (68,723)
     Due from debt holder                                       315,300            --
     Deferred charges                                          (132,976)      413,522
     Deposits                                                       (75)       (5,434)
     Accounts payable                                           449,369       333,019
     Accrued compensation                                       (81,289)          918
     Deferred revenue                                           (59,922)      (15,591)
     Other accrued liabilities                                  332,566      (284,959)
                                                           -------------  ------------
          Net cash used in operating activities              (1,399,250)   (3,558,744)
                                                           -------------  ------------

 INVESTING ACTIVITIES
     Purchase of property and equipment                         (85,901)     (354,485)
     Software development costs                                      --       (60,228)
                                                           -------------  ------------
          Net cash used in investing activities                 (85,901)     (414,713)
                                                           -------------  ------------
 FINANCING ACTIVITIES:
     Net proceeds from issuance of short-term
     and long-term debt                                         835,000       210,202
     Net repayment of short-term debt-officer                        --      (235,000)
     Other                                                       (4,436)       (4,874)
     Net proceeds from sale of common stock and warrants        692,054     5,439,238
                                                           -------------  ------------
          Net cash  provided  by  financing  activities       1,522,618     5,409,566
                                                           -------------  ------------

NET INCREASE  (DECREASE) IN CASH AND EQUIVALENTS                 37,467     1,436,109
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                   16,605        18,539
                                                           -------------  ------------
CASH AND CASH EQUIVALENTS, END OF PERIOD                    $    54,072   $ 1,454,648
                                                           =============  ============
</TABLE>


                             See accompanying notes.
                                        6



<PAGE>



                 MULTIMEDIA ACCESS CORPORATION AND SUBSIDIARIES
                 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

1. BASIS OF PRESENTATION

     The  accompanying   unaudited  interim  consolidated  financial  statements
include the  accounts of  MultiMedia  Access  Corporation  and its  wholly-owned
subsidiaries.  Viewpoint Systems, Inc., VideoWare.  Inc. and Osprey Technologies
Inc.  (collectively,  the  Company).  All  material  inter-company  accounts and
transactions have been eliminated in consolidation.

     The interim  financial  statements  have been prepared in  accordance  with
generally  accepted  accounting  principles  for interim  financial  information
Accordingly,  they do not include all of the information and footnotes  required
by generally accepted accounting  principles for complete financial  statements.
In the  opinion  of  management,  all  adjustments  (consisting  only of  normal
recurring  accruals)  considered  necessary  for a fair  presentation  have been
included.  Operating  results for the three and six month periods ended June 30,
1997 are not necessarily  indicative of the results that may be expected for the
year  ending  December  31,  1997.  For  further   information,   refer  to  the
consolidated   financial  statements  and  footnotes  thereto  included  in  the
Company's Annual Report on Form 10-KSB filed March 28, 1997.


2. INVENTORIES

     Inventory is comprised  primarily of  purchased  electronic  component  and
computer system products, along with related documentation manuals and packaging
materials and consists of the following purchased materials and finished goods:


                                          DECEMBER 31,        JUNE 30,
                                             1996              1997
                                         ------------------------------
                                                            (UNAUDITED)

        Purchased materials                $ 180,149       $   744,406
        Fleshed Goods                        129,984           665,455
                                         ------------------------------
                                           $ 310,133       $ 1,409,861
                                         ==============================

3. SALE OF COMMON STOCK

     In February  1997,  the Company  completed an  underwritten  initial public
offering of 1,400,000 shares of its Common Stock and 1,400,000 Redeemable Common
Stock Purchase  Warrants (Public  Warrants).  The shares of Common Stock and the
Public  Warrants were sold on the basis of one Public  Warrant for each share of
Common  Stock at a unit  price  to the  public  of  $4.60,  and were  separately
transferable  immediately  upon  issuance.  In March 1997, the Company issued an
additional  210,000 shares of Common Stock and Public  Warrants upon exercise of
the underwriter's  over-allotment  option.  The Company received net proceeds of
$5,427,000  during  February and March 1997 related to this sale.  The proceeds,
net of expense  related to the offering,  are being used primarily for marketing
activities  in  connection  with  the  Company's   products,   to  complete  the
development of additional  product and software  applications,  for repayment of
certain loans and to fund its working capital requirements.

                                       7


<PAGE>



                 MULTIMEDIA ACCESS CORPORATION AND SUBSIDIARIES
          NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - (CONTINUED)


4. NET LOSS PER SHARE

     Net loss per share is  computed  based on the  weighted  average  number of
common and common equivalent shares outstanding. The Company has computed common
and  common  equivalent  shares in  determining  the  number  of shares  used in
calculating  earnings per share for the three and six month  periods  ended June
30, 1996 pursuant to the Securities  and Exchange  Commission  Staff  Accounting
Bulletin  (SAB) No. 83. SAB No. 83  requires  the  Company to include all common
shares and all common share equivalents  issued in the 12 month period preceding
the filing  date of the  initial  public  offering  in its  calculation  even if
anti-dilutive  Net loss per share for the three and six month periods ended June
30, 1997 has been computed in accordance with AICPA Accounting  Principles Board
Opinion No 15 and does not include common share  equivalents  since their effect
is anti-dilutive.

     The FASB has issued  Statement of Financial  Accounting  Standards No. 128,
Earnings per Share,  which is effective  for financial  statements  issued after
December 15, 1997. Early adoption of the new standard is not permitted.  The new
standard  eliminates  primary and fully diluted  earnings per share and requires
presentation of basic and diluted earnings per share together with disclosure of
how the per share amounts were computed.  Because the  application of SAB No. 83
in  calculation of per share amounts under FAS 128 is presently  uncertain,  the
Company is unable to determine the effect of this standard on its historical per
share amounts.


                                       8

<PAGE>




                 MULTIMEDIA ACCESS CORPORATION AND SUBSIDIARIES
           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                     AND RESULTS OF OPERATIONS - (CONTINUED)

ITEM 2. MANAGEMENT'S  DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

GENERAL

     MultiMedia   Access   Corporation   develops  and  markets  advanced  video
communications  products.  The  Company  delivers   high-performance,   low-cost
products and integrates  video  capabilities  into existing  desktop  computers,
applications and networks,  delivering standards-based video solutions to the PC
and workstation marketplace.

     This Form 10-QSB contains  forward-looking  statements  which involve risks
and  uncertainties.  The Company's actual results may differ  significantly from
the results  discussed  in the  forward-looking  statements.  Factors that might
cause such a  difference  include,  but are not limited to,  product  demand and
market acceptance risks, the impact of competitive products and pricing, product
development  commercialization  and  technological  difficulties,  capacity  and
supply  constraints or difficulties,  general business and economic  conditions,
the effect of the Company's  accounting policies and other risks detailed in the
Company's Annual Report on Form 10-KSB and other filings with the Securities and
Exchange Commissions.

RESULTS OF OPERATIONS

Six Months Ended June 30, 1997 compared to Six Months Ended June 30, 1996.

     Net Sales. Net sales for the six months ended June 30, 1997 increased 23.3%
to $834,101 from $676,719  reported for the same period last year. This increase
can be  attributed  to a  significant  increase in the sales of Osprey  products
during the first half of 1997  compared to the same period last year,  offset in
part by a decline in the sales of PC Products between the same periods.

     During  the  first  half of 1997,  sales  of  Osprey  products  represented
approximately  83% of total sales,  compared to approximately 51% of total sales
during the same period of 1996.  While the sale of Osprey  products are expected
to continue to increase dramatically for the balance of 1997 as new products are
developed and marketed and new contracts are finalized, the percentage of Osprey
product  sales to total sales is expected to decline as the Company also expects
to see a  significant  increase in VBX product  revenue for the balance of 1997.
Sales of PC  products  are  expected  to  continue  to show a  decline  from the
previous year, reflecting the Company's decision to focus its efforts on the VBX
and Osprey product lines.

     Cost of Goods Sold.  Cost of goods sold increased  $145,383 to $410,763 for
the six months  ended  June 30,  1997  compared  to the same  period  last year,
primarily due to the increase in net sales described above.  Gross profit margin
for the first  half of 1997 was  50.8%,  representing  a decline  from the 60.8%
margin  during the same period last year.  This  decline in gross  margin can be
attributed to  consulting  and custom  programming  revenue in the first half of
1996 that was  substantially  greater  than the same period in 1997,  which have
little or no associated costs, and to the decrease in PC product sales discussed
above.

     Selling,   General  and  Administrative  Expense.   Selling,   general  and
administrative  expenses  increased  to  $1,861,597  as of June  30,  1997  from
$1,129,548  for  the  same  period  last  year  primarily  due to a  significant
expansion of the Company's sales and customer  support efforts in the first half
of 1997.  By the end of the first  quarter of 1997,  the  Company had filled six
sales positions and three customer  support  positions that did not exist during
the same period in 1996.

     Research  and  Development   Expense.   Research  and  development  expense
increased $234,506 to $1,244,360 for the six months ended June 30, 1997 compared
to the same  period  in 1996,  primarily  due to an  increase  in the  Company's
development  staff and contract  consultants  during the first half of 1997. The
new staff and consultants  were  principally  involved in the development of the
Company's Viewpoint VBX product.


                                       9

<PAGE>




                 MULTIMEDIA ACCESS CORPORATION AND SUBSIDIARIES
           MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
                     AND RESULTS OF OPERATIONS - (CONTINUED)

     Other  Income  (Expense).  For the six  months  ended June 30, 1997,  other
expense decreased  $67,644 to $161,123,  primarily as a result of an increase in
interest  income during the period.  The interest  income is being earned on the
unused proceeds from the Company's initial public offering in February 1997.

LIQUIDITY AND CAPITAL RESOURCES

     The Company successfully completed an initial public offering of its Common
Stock and Redeemable  Common Stock Purchase  Warrants on February 7, 1997 and on
March 13, 1997 sold the over-allotment  option, raising a total of $5,427,000 of
net proceeds.  During 1997,  with the proceeds of the  offering,  the Company is
endeavoring to build an effective  marketing and sales  organization,  develop a
network of independent  resellers and achieve market  acceptance of its products
at  prices  and  volumes  which  will,  in  the  future,  result  in  profitable
operations. However, the Company expects operating losses to continue until such
time as gross  margins from the sales of its products  exceeds its  development,
selling,  administrative  and financing costs. As a result of several  potential
large contracts  involving the Company's  Viewpoint VBX product,  the Company in
anticipation  of such orders,  increased  its level of spending on inventory and
development equipment during the second quarter of 1997, above that contemplated
at the time of the Company's initial public offering. It is anticipated that the
proceeds from the initial  public  offering plus  anticipated  proceeds from the
exercise  of  private  warrants  (see  below)  will be  sufficient  to fund  the
operations  of the Company  through at least the second  quarter of 1998. In the
event that the Company's plans change or its  assumptions  change or prove to be
inaccurate  or if the  proceeds  of the  initial  public  offering  prove  to be
insufficient to fund operations (due to  unanticipated  expenses or difficulties
or otherwise),  the Company may be required to seek additional  financing sooner
than currently anticipated or could be required to curtail its activities.

     In August 1997, the Company registered, in a Registration Statement on Form
SB-2,  2,981,573  shares of Common Stock  underlying  private  warrants that had
previously  been issued by the Company at various  times  between  June 1995 and
February  1997 in  connection  with various  financing  transactions.  Each such
private warrant entitles the holder to purchase one (1) share of Common Stock at
prices ranging from $ 1.00 to $3.00 per share at any time commencing immediately
upon issuance  through and including three years from the date of issuance.  The
Company  will not  receive  any of the  proceeds  of the sale of such  shares of
Common Stock, but will receive proceeds of up to $7,529,719 from the exercise of
the private  warrants.  Such proceeds,  if any, will be used for working capital
and general corporate purposes, and possible future acquisitions.

     The Company has had preliminary  discussions with several potential sources
of additional financing, and may seek additional financing to provide additional
working  capital in the future.  Such  financing  may include  loans or lines of
credit  and could  include  factoring  agreements.  The  Company  has no current
arrangements with respect to, or sources of, additional financing.  There can be
no  assurance  that  existing  stockholders  will  provide  any  portion  of the
Company's  future  financing  requirements.  There can be no assurance  that any
additional financing will be available to the Company on acceptable terms, or at
all.  Additional  equity  financing  may  involve  substantial  dilution  to the
Company's then existing stockholders.

     At June 30, 1997, the Company had working capital of $1,547,658.  Until the
completion of its initial  public  offering on February 7, 1997, the Company was
dependent  upon  loans  from  its  principal  stockholders,  as well as  private
placements  of its debt and equity  securities  to finance its  working  capital
requirements.  At  June  30,  1997,  the  Company  did  not  have  any  material
commitments for capital expenditures.


                                       10

<PAGE>





                 MULTIMEDIA ACCESS CORPORATION AND SUBSIDIARIES
                                OTHER INFORMATION

PART II: OTHER INFORMATION

     Item l. Legal Proceedings
             (Not Applicable)

     Item 2. Changes in Securities
             (Not Applicable)

     Item 3. Defaults Upon Senior Securities
             (Not Applicable)

     Item 4. Submission of Matters to a Vote of Security Holders

          The Company held its Annual  Meeting of  Shareholders  on May 14, 1997
          and the following  proposals  were submitted to a vote by proxy of the
          shareholders of record on April 11, 1997:

          Proposal No. 1. To elect the Board of Directors  (three  directors) to
          serve until the next Annual  Meeting of  Shareholders.  The  following
          persons were  nominated  for  re-election  as directors of the Company
          with the following voting results:


<TABLE>
<CAPTION>
                                        Shares                                                      
                                         Voted                                                      
                           Shares       Against/     Share        Broker               Total Shares 
     Director Nominees   Voted For      Withheld  Abstentions    Non-Votes   Results   Represented  
     ---------------------------------------------------------------------------------------------- 
     <S>                 <C>            <C>                 <C>     <C>      <C>         <C>        
     William D. Jobe     6,513,694      1,000               -       16,000   Elected     6,530,694  
     Glenn A. Norem      6,510,628      4,066               -       16,000   Elected     6,530,694  
     Joe C. Culp         6,508,694      6,000               -       16,000   Elected     6,530,694  
</TABLE>

     
     Proposal No. 2. To  ratify  the  appointment  of Ernst & Young,  LLP as the
     Company's  independent  public accountants for the year ending December 31,
     1997. Voting results were as follows:

<TABLE>
<CAPTION>
                                        Shares                                                      
                                         Voted                                                      
                           Shares       Against/     Share        Broker               Total Shares 
         Proposal        Voted For      Withheld  Abstentions    Non-Votes   Results   Represented  
     ---------------------------------------------------------------------------------------------- 
     <S>                 <C>            <C>             <C>         <C>      <C>         <C>        
     Ernst & Young,      6,504,908      1,500           8,286       16,000   Pass         6,530,694
     LLP Ratification
</TABLE>


     Item 5. Other Information
             (None)

     Item 6. Exhibits and Reports on Form 8-K
             (a) Exhibits filed with this report:
                    Exhibit 11:  Computation of Earnings Per Share
                    Exhibit 27:  Financial Data Schedule


                                       11

<PAGE>






                                   SIGNATURES




In accordance with the  requirements of the Exchange Act, the Registrant  caused
this  report to be  signed  on its  behalf  by the  undersigned, thereunto  duly
authorized.

                                      MultiMedia Access Corporation
                                      -----------------------------
                                      (registrant)




                                      BY:

Date: Aug 13, 1997                    /s/ WILLIAM S. LEFTWICH
      ------------                    -----------------------
                                      William S. Leftwich
                                      Chief Financial Officer
                                      Principal Financial Officer


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