SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (Amendment No. 7)1

                               Astrosystems, Inc.
- --------------------------------------------------------------------------------

                                (Name of Issuer)

                          Common Stock, $.10 par value
- --------------------------------------------------------------------------------

                         (Title of Class of Securities)

                                   046465 10 0
- --------------------------------------------------------------------------------

                                 (CUSIP Number)





- --------

     1The  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 to all other provisions of the Act (however, see the Notes).



CUSIP NO.046465 10 0                                      Page  2  of  6   Pages
- --------------------------------------------------------------------------------


1                                      NAME OF REPORTING PERSON
                                       S.S. or I.R.S. IDENTIFICATION NO. OF 
                                       ABOVE PERSON (ENTITIES ONLY)

                                       Gilbert H. Steinberg
2                                      CHECK THE APPROPRIATE BOX IF A MEMBER OF 
                                       A GROUP*
                                                                    (a) o
                                                                    (b) o

3                                      SEC USE ONLY

4                                      CITIZENSHIP OR PLACE OF ORGANIZATION

                                       United States
                       5               SOLE VOTING POWER

                                       1,021,166

      NUMBER OF
       SHARES
    BENEFICIALLY
      OWNED BY
        EACH
      REPORTING
       PERSON
        WITH
                       6               SHARED VOTING POWER

                                       104,061
                       7               SOLE DISPOSITIVE POWER

                                       1,055,853
                       8               SHARED DISPOSITIVE POWER

                                       -0-

9                      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
                       REPORTING PERSON

                       1,125,227
10                     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
                       CERTAIN SHARES*

                       [   ]
11                     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                       19.3%




- ---------------------
12                     TYPE OF REPORTING PERSON*

                       IN
- ---------------------  --------------

                      *SEE INSTRUCTION BEFORE FILLING OUT!


Item 1(a)    Name of Issuer:
 
         Astrosystems, Inc.
 
Item 1(b)    Address of Issuer's Principal Executive Offices:
 
         1220 Market Street, Suite 603
         Wilmington, DE 19801
 
Item 2(a)    Name of Person Filing:
 
         Gilbert H. Steinberg
 
Item 2(b)    Address of Principal Business Office or, if none, Residence:
 
         1220 Market Street, Suite 603
         Wilmington, DE 19801
 
Item 2(c)    Citizenship:
 
         United States of America
 
Item 2(d)    Title of Class of Securities:
 
         Common Shares, par value $.10 per share
 
Item 2(e)    CUSIP Number:
 
         046465 10 0
 
Item 3       This statement is not filed pursuant to Rule 13d-l(b) or 13d-2(b).
 
Item 4(a)    Amount Beneficially Owned as of December 31, 1997:
 
          1,125,227.  Includes 104,061 shares contributed to the Issuer's 401(k)
          Plan over which Mr.  Steinberg,  Seymour Barth and Elliot Bergman have
          voting power as trustees  (including  34,687  shares  allocated to the
          account of Mr. Steinberg).
 
Item 4(b)    Percent of Class:
 
         19.3%
 
Item 4(c)    Number of shares as to which such person has:
 
         (i) sole power to vote or to direct the vote: 1,021,166
 
         (ii) shared power to vote or to direct the vote: 104,061
 
         (iii) sole power to dispose or to direct the disposition of: 1,055,853

            (iv) shared power to dispose or to direct the disposition of:  None

Item 5    Ownership of Five Percent or Less of a Class.
 
         Inapplicable.
 
Item 6    Ownership of More than Five Percent on Behalf of Another Person.
 
         Inapplicable.
 
Item 7 Identification  and  Classification  of the Subsidiary Which Acquired the
       Security Being Reported on By the Parent Holding Company.
 
         Inapplicable.
 
Item 8    Identification and Classification of Members of the Group.
 
         Inapplicable.
 
Item 9    Notice of Dissolution of Group.
 
         Inapplicable.
 
Item 10   Certification.
 
         Inapplicable.


                                    SIGNATURE
 
     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.
 
                                                 February 17, 1998             
                                                 Date
 
 
                                                  /s/ Gilbert H. Steinberg    
                                                 Signature
 
 
                                                 Gilbert H. Steinberg          
                                                 Name