UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

SCHEDULE 13D
Under the Securities Exchange Act of 1934

Amendment No.:  *

Name of Issuer:  The Diana Corporation

Title of Class of Securities:  Common Stock

CUSIP Number:  252790100

          (Name, Address and Telephone Number of Person
       Authorized To Receive Notices and Communications)  

  Neil J. Weisman, c/o Chilmark Capital Corp., 139 West Saddle
   River Road, Saddle River, New Jersey 07458; (201) 818-0404

     (Date of Event which Requires Filing of this Statement)

                        February 21, 1997

If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box [   ].

Check the following line if a fee is being paid with this
statement  .  (A fee is not required only if the filing person:
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
class.  See Rule 13d-7).

*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.

The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18
of the Securities Exchange Act of 1934 ("Act") or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).





CUSIP No.: 252790100

1.  Name of Reporting Person
    S.S. or I.R.S. Identification No. of Above Person

         Neil J. Weisman

2.  Check the Appropriate Box if a Member of a Group

         a.   
         b.   

3.  SEC Use Only

4.  Source of Funds

         WC

5.  Check if Disclosure of Legal Proceedings is Required Pursuant
    to Items 2(d) or 2(e)

6.  Citizenship or Place of Organization

         United States of America

Number of Shares Beneficially Owned by Each Reporting Person
With:

7.  Sole Voting Power:

         200,000

8.  Shared Voting Power:

         

9.  Sole Dispositive Power:

         200,000

10. Shared Dispositive Power:

         

11. Aggregate Amount Beneficially Owned by Each Reporting Person

         200,000

12. Check Box if the Aggregate Amount in Row (11) Excludes
    Certain Shares



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13. Percent of Class Represented by Amount in Row (11)

         3.77%

14. Type of Reporting Person

         IN














































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The purpose of this Schedule 13D is to report the ownership of
Neil J. Weisman in the common stock (the "Shares") of The Diana
Corporation (the "Issuer") of ownership of more than 5% and then
subsequent transactions reducing the ownership to 3.77% of the
Shares outstanding.

Item 1.  Security and Issuer

         Class and Title of Security:

         Common Stock

         The name and address of the principal executive and
         business office of the Issuer is:

         The Diana Corporation
         8200 W. Brown Deer Road
         Milwaukee, WI 53223-1706


Item 2.  Identity and Background

         This statement is being filed on behalf of Neil J.
         Weisman (the "Reporting Person").  The Reporting Person
         is the general partner of Chilmark 21st Century Fund,
         L.P, a Delaware limited partnership (the "Partnership"),
         and has investment discretion over a managed account
         (the "managed account").  

         The Reporting Person has not, during the last five
         years, been convicted in a criminal proceeding
         (excluding traffic violations or similar misdemeanors).
         The Reporting Person has not, during the last five
         years, been a party to a civil proceeding of a judicial
         or administrative body of competent jurisdiction which
         resulted in a judgment, decree or final order enjoining
         future violations of, or prohibiting or mandating
         activities subject to, federal or state securities laws
         or finding any violations with respect to such laws.

         Neil J. Weisman is a citizen of the United States of
         America.

Item 3.  Source and Amount of Funds or Other Consideration

         As of the date hereof, the Reporting Person is deemed to
         beneficially own 200,000 Shares.  All 200,000 Shares are
         held by either the Partnership or the managed account.
         All the Shares were purchased in open market
         transactions.  The Shares were purchased for an
         aggregate purchase price of $1,455,584.43.  The funds


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         for the purchase of the Shares held in the Partnership
         and the managed account have come from the working
         capital of the Partnership or the managed account.  No
         funds were borrowed to purchase any of the Shares. 

Item 4.  Purpose of Transactions

         The Shares deemed to be beneficially owned by the
         Reporting Person were acquired for, and are being held
         for, investment purposes.  The Reporting Person has no
         plan or proposal which relates to, or would result in,
         any of the actions enumerated in Item 4 of the
         instructions to Schedule 13D.

Item 5.  Interest in Securities of Issuer

         As of the date hereof, the Reporting Person is deemed to
         be the beneficial owner of 200,000 Shares.  Based on the
         Issuer's filing on Form 10-Q on February 18, 1997, as of
         February 15, 1997 there were 5,298,483 Shares
         outstanding.  Therefore, the Reporting Person is deemed
         to beneficially own 3.77% of the outstanding Shares.
         The Reporting Person has the power to vote, direct the
         vote, dispose of or direct the disposition of all the
         Shares that he is deemed to beneficially own.  The
         Reporting Person ceased to be the beneficial owner of
         more that 5% of the outstanding Shares on February 25,
         1997.  All transactions in the Shares effected by the
         Reporting Person during the sixty days prior to February
         21, 1997 through the date of this filing were effected
         in open-market transactions and are set forth in Exhibit
         A hereto.

Item 6.  Contracts, Arrangements, Understandings or
         Relationships with Respect to Securities of the Issuer

         The Reporting Person has no contract, arrangement,
         understanding or relationship with any person with
         respect to the Shares.

Item 7.  Material to be Filed as Exhibits

         A description of the transactions in the Shares
         that were effected by the Reporting Person during
         the 60 days prior to February 21, 1997 through the
         date of this filing is filed herewith as Exhibit A.







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         Signature

         The undersigned, after reasonable inquiry and to

the best of his knowledge and belief, certify that the

information set forth in this statement is true, complete

and correct.



                                       /s/Neil J. Weisman    
                                      ______________________
                                          Neil J. Weisman
    





































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                    SCHEDULE OF TRANSACTIONS

  Date     Shares Purchased or (Sold)     Price Per Share
  ____      ________________________      _______________
2/21/97             150,000                    $8.4734
2/21/97              20,000                     7.7888
2/21/97              41,300                     8.07
2/21/97              31,500                     7.82
2/21/97              27,200                     7.945
2/24/97              42,500                     8.3709
2/25/97            (112,500)                    9.97946









































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