U.S. SECURITIES AND EXCHANGE COMMISSION
                      Washington, D.C. 20549

                           FORM 10-QSB

[X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES EXCHANGE ACT OF 1934

     For the quarterly period ended March 31, 1999

     OR

[  ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES EXCHANGE ACT OF 1934

     For the transition period from _________ to _________

                  Commission File Number 01-8929


           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
     ________________________________________________________
(Exact name of small business issuer as specified in its charter)

Nevada                                                 13-3432594
(State or other jurisdiction of                  (I.R.S. Employer
incorporation or organization)                Identification No.)


            1408 Pawnee Drive, Las Vegas, Nevada 89102
             (Address of principal executive offices)

                          (888) 355-8805
         (Issuer's telephone number, including area code)


                               N/A
      (Former name, former address and former fiscal year,
                 if changed since last report)



  Securities registered under Section 12(b) of the Exchange Act:

                                   Name of Each Exchange
     Title of Each Class           on Which Registered



  Securities registered under Section 12(g) of the Exchange Act:

                           Common Stock
                    -------------------------
                         (Title of Class)


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.     Yes __   No  X

The aggregate number of shares outstanding of the Issuer's Common
Stock, its sole class of common equity, was 2,553,827 as of March
31, 1999 (after giving effect to the 1-for-10 reverse instituted
on March 4, 1999.


           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                           FORM 10-QSB

               for the quarter ended March 31, 1999


                        TABLE OF CONTENTS


Part I.   Financial Information
-------
Item 1.   Financial Statements (unaudited)

Item 2.   Managements Discussion and Analysis or Plan of
          Operation


Part II.  Other Information
--------
Item 1.   Legal Proceedings

Item 2.   Changes in Securities

Item 3.   Defaults upon Senior Securities

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

Item 5.   Other Information

Item 6.   Exhibits and reports on form 8-K

          SIGNATURES

<PAGE>

                              PART I


ITEM 1.  FINANCIAL STATEMENTS


           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                  (A Development Stage Company)

                            UNAUDITED
                    CONSOLIDATED BALANCE SHEET
                          MARCH 31, 1999

                              ASSETS

                                         March 31,  December 31,
                                           1999        1998

Current Assets
 Cash                                    $     721         721
 Accounts Receivable                             0           0
 Other Receivable                                0           0
 Inventories                                     0           0
 Pre-paid expenses                               0           0

     Total Current Assets                $     721         721

Fixed Assets                                     0           0
 Less Accumulated Depreciation                   0           0

     Total Fixed Assets                        721         721

     Total Assets                              721         721
                                             -----      ------


                           LIABILITIES

Current Liabilities
 Accounts Payable                         $ 20,354   $  20,354
 Litigation Reserve Payable                      0           0
 Due to Related Party                       63,026      53,956
                                           -------    --------
     Total Current Liabilities            $ 83,380      74,310

Long-Term Liabilities                            0           0
                                         ---------   ---------
     Total Long-Term Liabilities                 0           0

Stockholders' Deficit
 Common Stock, $.001 par value,
  authorized 50,000,000 shares,
  issued and outstanding
  2,553,827 in 1998 and 1999                25,538      25,538
 Additional Paid-In Capital              7,777,260   7,777,260
 Accumulated Deficit During
   The Development Stage                (7,884,958) (7,876,387)
                                         ---------   ---------
     Total Stockholders' deficit        (   82,160) (   73,589)
                                         ---------   ---------
     Total Liabilities and Equity              721         721
                                         =========   =========

<PAGE>

           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                  (A Development Stage Company)

                            UNAUDITED
    CONSOLIDATED STATEMENTS OF INCOME AND ACCUMULATED DEFICIT
                    FOR THE THREE MONTHS ENDED
             MARCH 31, 1999 AND FOR THE ANNUAL PERIOD
                     ENDING DECEMBER 31, 1998


                                  3 Months
                                  Ended                Annual to
                                  March                December
                                  31, 1999             31, 1998

Revenues
  Sales                           $      0            $        0

Operating Expenses:
  General and Administrative          8571                32,753
                                  --------             ---------
     Total Expenses                   8571                32,753
                                  --------             ---------

Other Expenses:                          0                     0

Net (loss)/Income                    (8571)              (32,753)

Earnings per Common Share:
(Loss) from Operations Before
 Extraordinary items                  (0.01)               (0.01)

Weighted-Average Number of Common
 shares Outstanding Used in Basic
 Earnings-per-Share calculation    2,553,827           2,553,827


<PAGE>

           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                  (A Development Stage Company)

                            UNAUDITED
                     STATEMENT OF CASH FLOWS
                    FOR THE THREE MONTHS ENDED
             MARCH 31, 1999 AND FOR THE ANNUAL PERIOD
                     ENDING DECEMBER 31, 1998


                                  3 Months
                                  Ended                Annual to
                                  March                December
                                  31, 1999             31, 1998

Operating Activities:
  Net Loss                        $ (8,571)           $ (32,753)

Adjustments to Reconcile Net
  Net Loss to Cash Used in
  Operating Activities

  Increase (Decrease) in:
   Accounts payable                      0                 5,753
   Due to related party              8,571                27,000
   Extraordinary item-litigation         0                     0
                                    ------                ------
Cash Used in Operating Activities        0                     0

   Net Increase/(Decrease) in Cash       0                     0

   Beginning Cash                      721                   721
                                    ------                ------

   Ending Cash                         721                   721
                                    ======                ======

<PAGE>

<TABLE>
           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                  (A Development Stage Company)

                            UNAUDITED
          STATEMENTS OF CHANGES IN STOCKHOLDERS' DEFICIT
                     FOR THE YEAR ENDED 1998
               AND THE QUARTER ENDED MARCH 31, 1999



<S>               <C>       <C>      <C>         <C>           <C>
                    Common Stock       APIC       Accumulated  Stockholder
                  Shares    Amount    Amount       (Deficit)    (Deficit)
                  -------------------------------------------------------

Balance December
31, 1998          2,553,827 $25,538  $7,777,260  $(7,876,387)  $ (73,589)

  Net loss
  first quarter                                   (    8,571)    ( 8,571)
                  --------- -------   ---------    ---------      ------
Balance at
 March 31, 1999   2,553,827  25,538  7,777,260    (7,884,958)    (82,160)


</TABLE>


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

THE COMPANY

Background.   Israel Semiconductor Corporation, as of March 31,
1999, had fully liquidated its only subsidiary and asset, GAD
Semiconductors, and was actively seeking new business ventures.

Business Development.  The company commenced its earlier
activities In September 1993, by committing to invest in shares
of a newly founded Israeli development stage company, GAD
Semiconductors, Ltd. ("GAD"), specializing in gallium arsenide
applications, initially in the specialty diodes area.  Together
with the initial investment, this aggregated to approximately
$3,400,000.  All subsequent advances were in the form of loans.

Capital Resources and Liquidity.  The Company, by close of the
second quarter of 1997, had sustained a negative cash flow since
the beginning of activities in 1994.  The Company raised
$1,538,125 during 1995 in various private placements; and
$939,786 in 1996 by the sale of 1,308,667 shares in private
placements and an S-8 registration.

During the fourth quarter of 1996, and the first quarter, 1997,
the Company borrowed $399,273.94 from Tweed Investments, Ltd.,
which was in the form of a convertible note, with a conversion
rate at market during the succeeding 12 months, and $100,000 from
Karlin Investments, convertible at 75% of then-existing market
prices on date of conversion.  An additional $100,000 was
borrowed from Karlin Investments during the second quarter, 1997.
Tweed converted the sum of all of its loans into equity during
the fourth quarter of 1997, in exchange for 11,300,000 shares.
This was accounted for as a payment of $110,625 in the then-
current value of the stock and an extraordinary gain of $323,466
on the amount of debt, in excess of stock value, cancelled by the
Company.  All loans of Tweed and Karlin were converted to equity.

No activity took place during the entirety of 1998, other than an
ongoing expense for general and administrative costs, which was
assessed during the fourth quarter and therefore first occurs on
the annual statement for 1998.

During this first quarter of 1999, the Company engaged in several
discussions with potential merger partners, none of which came to
fruition.  In anticipation of a probable merger, the board
determined that a reverse, 1 new share for 10 existing shares,
would be necessary to attract economically viable investment, and
effected this recapitalization on March 4, 1999.  No other
activity took place during this quarter.



                   PART II.  OTHER INFORMATION


ITEM 1.   LEGAL PROCEEDINGS

          None (In US:  Israeli subsidiary liquidated in 1998)


ITEM 2.   CHANGES IN SECURITIES

          On March 4, 1999, all existing securities were reduced
          by a factor of 10, effective with an amendment to the
          Company's articles of incorporation on that date.  The
          actual amendment is Exhibit 3.4, first filed with the
          Company's 1996 10KSB, and filed again with this 10QSB
          submission.


ITEM 3.   DEFAULT UPON SENIOR SECURITIES

          None


ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY
          HOLDERS

          None


ITEM 5.   OTHER INFORMATION

          None


ITEM 6.   EXHIBITS AND REPORTS

          Exhibit 3.4 reprinted from earlier filing.



                            SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of
1934, Registrant has duly caused this Report to be signed on its
behalf by the undersigned, thereunto duly authorized.


           SANITARY ENVIRONMENTAL MONITORING LABS, INC.
                           (Registrant)



Dated:  November 8, 2000          By:   /s/  Robert M. Terry
                                             Robert M. Terry,
                                             Chairman

<PAGE>
Exhibit 3.4

        CERTIFICATE OF AMENDMENT PURSUANT TO NRS 78.209 OF

                   ARTICLES OF INCORPORATION OF

                INTERNATIONAL SEMICONDUCTOR CORP.


     International Semiconductor Corporation, a corporation
organized and existing under the laws of the State of Nevada (the
"Company"), does hereby certify that:

     The amendment set forth below to the Company's Articles of
Incorporation was duly adopted in accordance with the provisions
of the Nevada Revised Statutes section 78.207 by unanimous vote
of the Board of Directors of the Company and shall be effective
upon filing.

     Article FOURTH is amended by the addition of the following
provision:

     Simultaneously with the effective date of this amendment
     (the "Effective Date"), each share of the Company's Common
     Stock, par value $0.001 per share, issued and outstanding
     immediately prior to the Effective Date (the "Old Common
     Stock") shall automatically and without any action on the
     part of the record holder thereof be reclassified as and
     changed into one-tenth (1/10) of a share (the "New Common
     Stock"), subject to the treatment of fractional share
     interests as described below.  Each record holder of a
     certificate or certificates which immediately prior to the
     Effective Date represented outstanding shares of Old Common
     Stock (the "Old Certificates", whether one or more) shall be
     entitled to receive upon surrender of such Old Certificates
     to the Company's Exchange Agent for cancellation, a
     certificate or certificates (the "New Certificates", whether
     one or more) representing the number of whole shares of the
     New Common Stock into which and for which the shares of the
     Old Common Stock formerly represented by such Old
     Certificates so surrendered, are reclassified under the
     terms hereof.  From and after the Effective Date, Old
     Certificates shall represent only the right to receive new
     Certificates pursuant to the provisions hereof.  A record
     holder of Old Certificates shall receive, in lieu of any
     fraction of a share of New Common Stock to which the record
     holder would otherwise be entitled, one full share.  If more
     than one Old Certificate shall be surrendered at one time
     for the account of the same record stockholder, the number
     of full shares of New Common Stock for which new
     Certificates shall be issued shall be computed on the basis
     of the aggregate number of shares represented by the Old
     Certificates so surrendered.  In the event that the
     Company's Exchange Agent determines that a record holder of
     Old Certificates has not tendered all of his certificates
     for exchange, the Exchange Agent shall carry forward any
     fractional share until all certificates of that record
     holder have been presented for exchange such that issuance
     for fractional shares to any one person shall not exceed one
     full share.  If any  new Certificate is to be issued in the
     name  other than that in which the  Old

     Certificates surrendered for exchange are issued, the Old
     Certificates so surrendered shall be properly endorsed and
     otherwise in proper form for transfer, and the person or
     persons requesting such exchange shall affix any requisite
     stock transfer tax stamps to the Old Certificates
     surrendered, or provide funds for their purchase, or
     establish to the satisfaction of the exchange Agent that
     such taxes are not payable.  From and after the Effective
     Date the amount which the shares of the Old Common Stock are
     reclassified under the terms hereof shall be the same as the
     amount of capital represented by the shares of Old Common
     Stock so reclassified, until thereafter reduced or increased
     in accordance with applicable law.

     IN WITNESS WHEREOF,  International Semiconductor Corporation
has caused this Certificate to be signed and attested by its duly
authorized officers, this 4th day of March, 1999.


                    INTERNATIONAL SEMICONDUCTOR CORPORATION


                    By: /s/ Robert M. Terry
                         Robert M. Terry, President


ATTEST:


By: /s/ Christopher Dieterich
     Christopher Dieterich
     Assistant Secretary