10QSB/A

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

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC  20549
   
                                   FORM 10-QSB/A-2
    
                        _________________________________


             [x] Quarterly Report Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934
                     For the period ended September 30, 1995
                                       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 0-13093
                I.R.S. Employer Identification Number 36-3131704

                                 PC QUOTE, INC.
                            (a Delaware Corporation)

                               300 S. WACKER DRIVE
                            CHICAGO, ILLINOIS  60606
                            TELEPHONE (312) 913-2800


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 twelve months, (or for such
shorter period that the Company 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 issuers classes of common
equity, as of the latest practicable date:  7,265,355 shares of the Company's
common stock ($.001 par value) were outstanding as of November 10, 1995.


                                  Page 1 of 13



                                     ITEM 6
                        EXHIBITS AND REPORTS ON FORM 8-K


The following exhibit is filed herewith:
   
     (a)  Exhibit 16 - Letter from Coopers & Lybrand L.L.P. (former independent
          accountants) located on sequential page 14 of this report.
    

   
     (b)  Exhibit 27- Financial Data Schedule


     (c)  There were no reports on Form 8-K filed during the quarter ended
          September 30, 1995.

    

                                  Page 12 of 13



                                   SIGNATURES
                                   __________


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



PC QUOTE, INC.
 (Company)


   
Date: November 17, 1995       By: /s/ Louis J. Morgan
                              --------------------------
                              Louis J. Morgan
                              Chairman

                              By: /s/ Richard F. Chappetto
                              --------------------------------
                              Richard F. Chappetto
                              Chief Financial Officer
    

                                  Page 13 of 13

EX-27

 


<ARTICLE> 5
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                       1,041,574
<SECURITIES>                                         0
<RECEIVABLES>                                1,695,510
<ALLOWANCES>                                    46,241
<INVENTORY>                                          0
<CURRENT-ASSETS>                             3,035,323
<PP&E>                                      10,158,155
<DEPRECIATION>                               6,436,440
<TOTAL-ASSETS>                              10,302,499
<CURRENT-LIABILITIES>                        3,533,660
<BONDS>                                              0
<COMMON>                                         7,137
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   6,109,708
<TOTAL-LIABILITY-AND-EQUITY>                10,302,499
<SALES>                                              0
<TOTAL-REVENUES>                             9,812,101
<CGS>                                                0
<TOTAL-COSTS>                                3,871,392
<OTHER-EXPENSES>                             4,471,721
<LOSS-PROVISION>                               133,516
<INTEREST-EXPENSE>                             169,682
<INCOME-PRETAX>                              1,184,227
<INCOME-TAX>                                    30,392
<INCOME-CONTINUING>                          1,153,835
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,153,835
<EPS-PRIMARY>                                     .162
<EPS-DILUTED>                                     .162