10QSB/A

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                                 United States 
                       SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549


                                 FORM 10-QSB/A

(Mark one)

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

                 For the quarterly period ended June 30, 1995

                                    or

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

         For the transition period from ________________ to ________________
 
                        Commission File Number 0-13316
                        ------------------------------

                               LASER CORPORATION
          -----------------------------------------------------------------
          (Exact name of small business issuer as specified in its charter)

                     Utah                             87-0395567
            ------------------------              -------------------
            (State of Incorporation)               (I.R.S. Employer
                                                  Identification No.)
              1832 South 3850 West
              Salt Lake City, UT                        84104
              ---------------------                   ----------
              (Address of principal                   (Zip Code)
                executive office)

                                  (801) 972-1311
                  ------------------------------------------------
                  (Issuer's telephone number, including area code)

                                   Not Applicable
                ----------------------------------------------------
                (Former name, former address and former fiscal year,
                           if changed since last report)

     Check whether the issuer (1) has filed all reports required to be filed
     by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
     preceding 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    [ ]
     
     State the number of shares outstanding of each of the issuer's classes of
     common stock, as of the latest practical date.
     
     Common Stock, .05 Par Value --  672,098 shares as of June 30, 1995



 
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                                     INDEX

                        LASER CORPORATION AND SUBSIDIARIES


PART II.  OTHER INFORMATION

Item 6.     Exhibits and Reports on Form 8-K

            Exhibit 27 - Financial Data Schedule




SIGNATURES




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PART II.  OTHER INFORMATION

ITEM 6.   Exhibits and Reports on Form 8-K

    (a)   Exhibit - Financial Data Schedule


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                                   SIGNATURES


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


                                           LASER CORPORATION

Date:   September 26, 1995                 /s/ B. Joyce Wickham
        ------------------                 ------------------------
                                           B. Joyce Wickham
                                           President, Chief Executive Officer
                                           Treasurer and Director


Date:   September 26, 1995                 /s/ Reo K. Larsen
        ------------------                 ------------------------
                                           Reo K. Larsen
                                           General Accounting Manager

EX-27

 

<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 
JUNE 30, 1995 FINANCIAL STATEMENTS OF LASER CORPORATION AND SUBSIDIARIES AND 
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               JUN-30-1995
<CASH>                                         948,762
<SECURITIES>                                         0
<RECEIVABLES>                                1,587,699
<ALLOWANCES>                                    41,191
<INVENTORY>                                  1,172,711
<CURRENT-ASSETS>                             2,938,773
<PP&E>                                       1,928,174
<DEPRECIATION>                               1,624,289
<TOTAL-ASSETS>                               4,015,433
<CURRENT-LIABILITIES>                          828,844
<BONDS>                                              0
<COMMON>                                        34,105
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   3,148,976
<TOTAL-LIABILITY-AND-EQUITY>                 4,015,433
<SALES>                                      2,132,052
<TOTAL-REVENUES>                             2,185,942
<CGS>                                        1,606,941
<TOTAL-COSTS>                                2,144,898
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               5,332
<INCOME-PRETAX>                                 35,712
<INCOME-TAX>                                     1,000
<INCOME-CONTINUING>                             34,712
<DISCONTINUED>                                  53,911
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    88,623
<EPS-PRIMARY>                                      .13
<EPS-DILUTED>                                      .13