F O R M    4

	U.S. SECURITIES AND EXCHANGE COMMISSION
	Washington, D.C. 20549
	STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

	Filed pursuant to Section 16(a) of the Securities Exchange Act of 
1934, Section 17(a) of the Public Utility Holding Company Act of 
1935 or Section 30(f) of the Investment Company Act of 1940

[ ] Check this box if no longer subject to Section 16.  Form 4 or     
Form 5 obligations may continue.  See Instruction 1(b).


1.	Name and Address of Reporting Person*

		Astoria Capital Partners, L.P.
		6600 SW 92nd Avenue, Ste. 370
		Portland, Oregon  97223

2.	Issuer Name and Ticker or Trading Symbol

		DBS Industries, Inc.

3.	IRS Identification Number of Reporting Person, if an Entity 
(Voluntary)

		94-3160631

4.	Statement for Month/Year

		March, 1999

5.	If Amendment, Date of Original (Month/Year)

		

6.	Relationship of Reporting Person to Issuer
	(Check all applicable)

	[]	Director					[X]	10% Owner
	[]	Officer (give title below)	[]	Other (specify below)

7.	Individual or Joint/Group Filing
	(Check applicable line)

	[X]	Form filed by one Reporting Person
	[]	Form filed by more than one Reporting Person



*If the Form is filed by more than one Reporting Person, see 
Instruction 4(b)(v).
Reminder: Report on a separate line for each class of securities 
beneficially owned directly or indirectly.


	Table 1 -- Non-Derivative Securities Acquired, Disposed of,
	or Beneficially Owned

1.	Title of Security (Instr. 3)

		Common Stock, $.0004 par value

2.	Transaction Date (Month/Day/Year)

		3/22/99

3.	Transaction Code (Instr. 8)

		Code		S
		Code		P

4.	Securities Acquired (A) or Disposed of (D)
	(Instr. 3, 4 and 5)

		Amount	1,000,000 shares
		(A) or (D)D
		Price	$4.00/share
		
		Amount	1,000,000 shares
		(A) or (D)A
		Price	$3.00/share

5.	Amount of Securities Beneficially Owned at End of Month 
(Instr. 3 and 4)

		1,000,000

6.	Ownership Form:  Direct (D) or Indirect (I)
	(Instr. 4)

		D

7.	Nature of Indirect Beneficial Ownership
	(Instr. 4)

		


	Table II -- Derivative Securities Acquired,
	Disposed of, or Beneficially Owned
	(e.g., puts, calls, warrants, options, convertible securities)

1.	Title of Derivative Security (Instr. 3)

	Warrant to Purchase Shares oF Common Stock

2.	Conversion or Exercise Price of Derivative Security

	$3.00 per share

3.	Transaction Date (Month/Day/Year)

	3/24/99

4.	Transaction Code (Instr. 8)

		Code		S
				V	

5.	Number of Derivative Securities Acquired (A) or
	Disposed of (D)
	(Instr. 3, 4 and 5)

		(A)	D
		(D)	1,000,000

6.	Date Exercisable and Expiration Date (Month/Day/Year)

		Date Exercisable	immed.
		Expiration Date	August 28, 2001

7.	Title and Amount of Underlying Securities (Instr. 3 and 4)

		Title 	Common Stock, 
				$0.0004 par value
		Amount or Number of Shares	1,000,000 shares
								of Common Stock

8.	Price of Derivative Security (Instr. 5)

		Sold at $3.00 per share

9.	Number of Derivative Securities Beneficially Owned at
	End of Month (Instr. 4)
		
		-0-

10.	Ownership Form of Derivative Security:  Direct (D) or
	Indirect (I) (Instr. 4)

		D

11.	Nature of Indirect Beneficial Ownership (Instr. 4)


Explanation of Responses:






				ASTORIA CAPITAL PARTNERS, L.P.



				/s/ Richard W. Koe        	4/12/99 
				Richard W. Koe 			Date  
				General Partner of
				Astoria Capital Partners, L.P.

**Intentional misstatements or omissions of facts constitute 
Federal Criminal Violations.  See 18 U.S.C. 1001 and 15 U.S.C. 
78ff(a).

Note: File three copies of this Form, one of which must be 
manually signed.  If space provided is insufficient, see 
Instruction 6 for procedure.
 

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