SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                  ___________

                                 FORM 10-QSB/A

               [ X ]  QUARTERLY REPORT UNDER SECTION 13 or 15(d)
                     OF THE SECURITIES EXCHANGE ACT of 1934

                 For the quarterly period ended March 31, 1997


                                       OR


              [    ]  TRANSITION REPORT UNDER SECTION 13 or 15(d)
                     OF THE SECURITIES EXCHANGE ACT of 1934


               For the Transition Period From ________ to ________


                          Commission File No.  0-16293


                              LANXIDE CORPORATION
              (Exact name of Small Business Issuer in its charter)

          Delaware                                          51-0270253
(State or other jurisdiction                             (I.R.S. Employer
of incorporation or organization)                       Identification No.)

    1300 Marrows Road, Newark, DE                              19714
(Address of principal executive offices)                     (Zip Code)

                                 (302) 456-6200
                 Issuer's telephone number, including area code


                               _________________



Check whether the Issuer:  (1) filed all reports required to be filed by Section
13 or 15(d) of the 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.

                     [ X ]     Yes            [    ]     No

Transitional Small Business Disclosure Format (check one):

                    Yes                           No    X
                        _______                      _______

The number of shares of Common Stock outstanding as of May 13, 1997 was:
1,325,598.


THIS FORM 10-QSB CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS WITHIN THE MEANING
OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 WITH RESPECT TO THE
FINANCIAL CONDITION, RESULTS OF OPERATIONS AND BUSINESS OF THE COMPANY,
INCLUDING STATEMENTS UNDER ITEM 1. FINANCIAL STATEMENTS AND ITEM 2. MANAGEMENT'S
DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION.  THESE
FORWARD-LOOKING STATEMENTS INVOLVE CERTAIN RISKS AND UNCERTAINTIES.  NO
ASSURANCE CAN BE GIVEN THAT ANY SUCH MATTERS WILL BE REALIZED.  FACTORS THAT MAY
CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTEMPLATED BY SUCH
FORWARD-LOOKING STATEMENTS INCLUDE, AMONG OTHERS, THE FOLLOWING POSSIBILITIES:
(I) COMPETITIVE CONDITIONS IN THE INDUSTRIES IN WHICH THE COMPANY OPERATES;
(II) INABILITY TO INCREASE MARKET ACCEPTANCE OF PRODUCTS CREATED BY ONE OR MORE
OF THE COMPANY'S TECHNOLOGIES; AND (III) GENERAL ECONOMIC CONDITIONS THAT ARE
LESS FAVORABLE THAN EXPECTED.


                                   SIGNATURES

     In accordance with the requirements of the Securities Exchange Act of 1934,
the registrant caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.



                                                  LANXIDE CORPORATION



Date:  May 29, 1997                By:       /s/Robert J. Ferris
                                        _______________________________________

                                             Robert J. Ferris
                                             Vice President - Administration
                                             Secretary and Treasurer
                                             (Duly Authorized Officer and
                                             Principal Accounting Officer)