Exhibit 10.1  -- Employment Agreement


                             EMPLOYMENT AGREEMENT

      EMPLOYMENT  AGREEMENT  (this  "Agreement") made as of June 1, 2000 by and
between DCI Telecommunications,  a Colorado  corporation  having  its principal
place of business at 611 Access Road, Stratford, CT  (the "Employer"), and John
J. Adams (the "Employee").

                                  WITNESSETH:

     WHEREAS the Employer is engaged in the Telecommunications business;  and

      WHEREAS  the  Employee  possesses  technical,  management  and  marketing
experience related to the type of business and activities in which the Employer
is now engaged; and

      WHEREAS  the  Employee  desires  to  be  employed by the Employer and the
Employer  desires  to  employ  the  Employee,  upon the  terms  and  conditions
contained in this Agreement.

     NOW, THEREFORE, in consideration of the covenants  and  promises contained
in this Agreement, and for other good and valuable consideration,  the  receipt
and sufficiency of which are hereby acknowledged, the Employer and the Employee
agree as follows:

     1.  Employment.  The Employer hereby employs the Employee and the Employee
hereby accepts employment from the Employer, upon the terms and conditions  set
forth in this Agreement.

      2.   Term.  The term of this Agreement shall commence on the date of this
document
and shall end five (5) years from such date.

     3.  Scope  of  Duties.   During  the  term of this Agreement, the Employee
shall  be  employed  as  the  President and Chief  Executive  Officer   of  the
Employer. The employee shall have general control of and the responsibility for
the  day  to  day  operations  of  the   Employer   relating   to  the  general
administration of the business, financial matters, development of  new business
and  sales of products of the business.  Such control and responsibility  shall
include,  without  limitation,  the  power  to hire and discharge employees, to
disburse funds, and to do all other acts necessary  or  appropriate  to operate
the  business  of  the  Employer.  Furthermore, the Employee shall have general
responsibility for such duties  as  are  consistent  with  such position and as
directed by the Board of Directors from time to time.  Such  duties may include
acquisition  activities,  sale  of  subsidiary  companies, analysis,  planning,
direction and implementation of business plans for  the Company and its various
subsidiaries.

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      4.   Scope of Service.  During the term of this Agreement,  the  Employee
shall, consistent  with  his duties as President and Chief Executive Officer of
Employer, devote his attention,  energies,  and best efforts to the business of
the Employer, and shall perform all of the duties  that  are  required  of  him
pursuant  to  the  express  terms  of  this  Agreement. During the term of this
Agreement, the Employee shall not, directly or indirectly, alone or as a member
of any partnership, firm, corporation, association  or  other  entity, or as an
officer, director, employee or consultant of any corporation or  other  entity,
be  engaged  in  or  concerned with any other business activity, whether or not
such business activity  is  pursued  for  gain or profit or for other pecuniary
advantage which shall compete with the Employer in the promotion, marketing and
sales of telecommunications-related merchandise.  Employee  will  be allowed to
serve  on  boards  of directors of non-telecommunications companies, non-profit
organizations, engage  in  charitable  activities and deliver lectures which do
not directly compete with, or directly benefit  competitors  of  the  Employer.
The foregoing shall not, however, be construed as preventing the Employee  from
investing  his  personal  assets in such form or manner as will not require any
services  on  his  part  in the  operation  of  affairs  of  the  companies  or
enterprises in which such investments are made.

     5. Compensation. As compensation  for services rendered by the Employee to
the Employer, the Employee shall be paid  during the term of this Agreement out
of the general fund of Employer in the following amounts:

     (a)  Base Salary.

          (i)  For the calendar year 1999 and  until  December  31,  2000,  the
Employee shall receive a base salary equal  to one hundred twenty five thousand
($125,000 US) per annum, payable in twice-monthly installments ("Base Salary").

          (ii) The amount of the Employee's Base Salary in all subsequent years
during  the  term of this Agreement, and renewals thereof, will be increased on
January 1 of each  year.   During  the  term of this Agreement and all renewals
thereof, the then current, current base salary  shall  be  increased as of each
January 1, beginning January 1, 2001 by a rate equivalent to  any  increase  in
the  Consumer  Price  Index  for the twelve month period occurring prior to the
date of the scheduled change, plus 5 percent (%).  As used in this section, the
Consumer Price Index shall mean  (i)   the "CONSUMER PRICE INDEX FOR URBAN WAGE
EARNINGS AND CLERICAL WORKERS", currently  published  by  the  Bureau  of Labor
Statistics  of  the United States Department of Labor for the Greater New  York
Metropolitan Area  on  a  bi-monthly  basis,  or (ii) if the publication of the
Consumer Price Index shall be discontinued, and/or  the Consumer Price index is
published more or less frequently at the time of the  foregoing  determinations
are made, the comparable index most clearly reflecting diminution  of  the real
value  of  the  Base Salary and/or the publications periods most comparable  to
those specified above.   In  the event of a change in the base for the Consumer
Price  Index,  the  Numerator of  the  fraction  referred  to  above  shall  be
appropriately adjusted to reflect continued use of the base period in effect at
the time of its adoption  for  use  hereunder.   At the request of either party
hereto,  the other from time to time shall execute  an  appropriate  instrument
supplemental  to this Agreement evidencing the then current Base Salary payable
by the employer hereunder.

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       (b) Stock Purchase Incentive.

      (I) As inducement  to  secure  the  Employee's  services the Company will
grant an option, outside of the Company's Stock Option  Incentive  plan,  (non-
statutory options) in the amount of 150,000 shares of the Company's stock at an
exercise  price  of  50  cents  (.50)  per  share,  with  no  time limit on the
employee's right to exercise said option.

       (c) Incentives.

      (i) The Employee will participate in the Company's Stock Option Incentive
plan.

     6.  Withholdings.  All compensation, including any incentive  bonus,  paid
to   the   Employee  under  this  Agreement  shall  be  subject  to  applicable
withholdings  for  federal,  state, and local income taxes, FICA, and all other
applicable withholdings required by law.

     7.  Vacation.  In each calendar  year during the term hereof, the Employee
shall be entitled to an annual paid vacation of four (4) weeks.  Vacation shall
be taken upon reasonable advance notice  to the Employer, and at such times not
to interfere with the proper operation of  the   business  of  Employer  or the
Employee's  responsibility  under  this  Agreement.  Unused  vacation  shall be
carried over from year to year, and the Employee shall be entitled to the value
of   any  unused  vacation  time  remaining  upon  the  expiration  or  earlier
termination of this Agreement.

     8.   Employee  Benefits.   During  the term of this Agreement the Employee
shall  be  entitled,  at the Employee's option,   to  participate  in,  and  to
receive, any and all benefit  plans  and bonuses  (either Employer's or DCI's),
at Employee's option, for which he is now or hereafter eligible, including, but
not limited to, the following:

     (a)  Life insurance and disability,  health,  dental  and welfare plans of
the Employer or DCI;

      (b)   Any  and  all retirement plans established by the Employer  or  DCI
pursuant to the terms of  said  plan,  including,  but  not  limited to, Thrift
Plans, ESOP's and 401(k) plans; and

     (c)  Any other benefits which officers or employees of the Employer or DCI
may be entitled to at any time during this Agreement.

     9.  Expenses.

      (a)   Employer  shall reimburse the Employee for all reasonable  expenses
incurred by the Employee  in  connection  with  the rendering of services under
this Agreement.




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     (b)  Employer's obligation to reimburse the  Employee  for such reasonable
expenses  is  conditioned  upon  the  employee submitting itemized  statements,
bills,  receipts,  or  other  evidence of expenditure,  in  a  form  reasonably
satisfactory to the Employer. Reimbursement  for  any authorized expenses shall
be made by the Employer within thirty (30) days after the Employer's receipt of
such  itemized statements, bills, receipts, or other  evidence  of  expenditure
from the Employee.

    10.  Termination.

     (a)   Termination  for  cause.   The Employer, acting through its Board of
Directors, may terminate this Agreement only for cause by written notice to the
Employee.  For the purposes of this Agreement,  the  term "cause" shall include
only the following acts:  (1) any material breach of any fiduciary duty owed by
the Employee to Employer which if curable is not cured  within  30  days  after
written  notice  from  Employer  to  Employee;  or  (2)  any mental or physical
disability suffered by the Employee which makes it impossible  for the Employee
to  perform his duties under this Agreement for a period of one hundred  eighty
(180)  consecutive  days; or (3) the Employee's failure, not caused by physical
or mental disability,  to  perform  his duties and responsibilities as required
under the express terms of this Agreement.  Employer  may  not  terminate  this
Agreement under any other circumstances.

      (b)  Voluntary termination by employee.  This Agreement may be terminated
by the  Employee  with  or without cause upon sixty (60) days written notice to
the Employer provided that  employee  may  not compete with Employer and or DCI
for a period equal to the lesser of one year  from  date  of termination or the
remainder of the then effective term of this Agreement.

     In the event that this Agreement is terminated by the  Employee for any of
the following reasons (collectively, "Employee Cause"), the Employee  shall  be
entitled to Severance Benefits described in Section 11 below:

   (i)  The Employer is liquidated, dissolved, consolidated, merged or sold, or
a  controlling interest in the common stock of the Employer is transferred from
the current owner(s) thereof;

  (ii)  Any material breach of any other obligation of the Employer hereunder.

Employer covenants that it will not:

  (i)   Remove  Employee  from  his  current position, or reduce the Employee's
duties and responsibilities;

  (ii)  Relocate the Employee;

  (iii)  Reduce the Employee's salary  and/or  benefits from those set forth in
this Agreement; or

  (iv)  Terminate this Agreement for any reason  other  than  as  set  forth in
Section 10(a).

Any  breach  by  Employer of this provision will constitute a "material breach"
under Section 10(b) (ii) hereof.

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    (c)  Physician  statement.   Prior to terminating the Employee by reason of
the existence of any condition of  mental  or physical disability, as stated in
paragraph (a) of this Section 10, the Employer  shall  first  obtain  a written
statement from an attending physician or psychotherapist competent in the  area
relating  to  Employee's illness or condition, stating that in the physician or
psychotherapist's  professional  opinion, the Employee is unable to perform his
duties and responsibilities in a manner  contemplated  by  this  Agreement.  If
Employee  refuses or fails to consent to an examination of the Employee for the
purpose of  obtaining the written statement required herein, then the necessity
of obtaining such statement shall be deemed waived by the Employee.

   (d)  Termination  upon  death  of  Employee.  This Agreement shall terminate
upon the Employee's death.  Upon such termination  Employee's  estate  shall be
entitled to receive Base Salary plus any adjustments due to the Employee to the
last  day  of the calendar month in which death occurs and any unpaid incentive
bonus for that  month  which  may  become  due  by  reason  of collection after
Employee's death.

      11.   Severance.  In the event that this Agreement is terminated  by  the
Employee  for  Employee  Cause,  then  the  Employer  shall  pay  Employee  the
following:

     a)

     (i)  The present value of the Employee's salary, less amounts the Employee
would have paid for under the benefits set forth in Section 8(b) hereof for the
greater of the unexpired term of this Agreement or two (2) years;

    (ii)  At  the  Employee's election, either the payment of the present value
as a lump sum, or payment in any form and manner provided for in the Employer's
or DCI's retirement plan, of the pension benefits which the Employee would have
received at the end  of  the term hereof, calculated on the assumptions of full
vesting and compensation for  the  unexpired portion of  the term hereof at the
rate in effect at the time of termination;

   (iii)  The present value of payments  the  Employer  or  DCI would have made
during the unexpired portion of the term hereof to any ESOP and Thrift Plan for
the Employee; and


      (b)  The Employee's then-effective Base Salary for a period  of  six  (6)
months  or until Employee obtains new employment, to be paid to the Employee on
the dates when such salary would have been payable had such employment not been
terminated; and

    12.   Assignment.   The  Employee  acknowledges  that  the  services  to be
rendered  by  him  are  unique and personal.  Accordingly, the Employee may not
assign any of his rights  or  delegate  any  of his duties or obligations under
this Agreement.

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    13.  Entire Agreement.  This Agreement contains the entire agreement of the
parties regarding the subject matter hereof and  supersedes  any  and all prior
agreements  relating  to  the employment of the employee by the Company.   This
Agreement may not be amended  or  modified except by a writing executed by both
the Employer and the Employee.

     14.   Severability.   All  agreements  and  covenants  contained  in  this
Agreement are severable, and in the  event  any of them are held to be invalid,
then  this  Agreement shall be interpreted as if  such  invalid  agreements  or
covenants were not contained herein.

    15.  Governing  Law.   This  Agreement  shall  be  governed, construed, and
interpreted by and in accordance with the laws of the State of Connecticut.

     16.   Counterparts.  This Agreement may be executed in  two  (2)  or  more
counterparts,  each  of which shall be deemed an original, and all collectively
constituting the same instrument.

    17.  Notices.  All notices required or permitted under this Agreement shall
be in writing and shall  de  deemed  "given"  when  personally  delivered or if
mailed  by  registered  or  certified  mail, postage prepaid, to the respective
addresses of the parties stated in the preamble  to  this  Agreement,  within 5
business days of such mailing.

    18.   Successors; Binding Agreement, Assignment.
(a)   The  Company shall require any successor (whether direct or indirect,  by
purchase, merger,  consolidation  or  otherwise) to all or substantially all of
the  business  of  the  Company,  by agreement  to  expressly,  absolutely  and
unconditionally assume and agree to  perform  the  Agreement in the same manner
and to the same extent that the Company would be required  to  perform it if no
such  succession  had  taken  place.   Failure  of  the Company to obtain  such
agreement prior to the effectiveness of any such succession shall be a material
breach  of  this  agreement and shall entitle the Executive  to  terminate  the
Executive's employment  with  the  Company  or  such  successor for Good Reason
immediately prior to or at any time after such succession.   As  used  in  this
agreement  "Company"  shall  mean  (I) the Company as hereinbefore defined, and
(ii)  any  successor  to  all  of  the stock  of  the  Company  or  to  all  or
substantially  all  of the Company's business  or  assets  which  executes  and
delivers an agreement  provided  for  in  this section 18(a) or which otherwise
becomes bound by all the terms and provisions of this Agreement by operation of
law, including any parent or subsidiary of such successor.

    19.  Waiver of Breach.  The waiver by either party of a breach or violation
of any provisions of this Agreement shall not  operate  as,  or be construed to
be, a waiver of any subsequent breach thereof.

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     IN WITNESS WHEREOF, the parties have executed this employment agreement on
the day and year first above written.

                                           DCI Telecommunications, Inc.
                                           (Employer)

__________________________                 By: ____________________________
                                               its duly authorized Chairman

__________________________                     _____________________________
Witness                                        (Employee) John J. Adams


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