ZOOM TELEPHONICS, INC.
                      Consolidated Balance Sheets
                               ( 000's )

                                          SEPT 30,      DEC 31,		
                                            1996         1995		
                                        (Unaudited)    (Audited)

Assets									
Current assets:

        Cash                            $   12,600     $      151

        Accounts receivable, net            12,814         20,396

        Inventories                         18,783         24,174

        Deferred income taxes                3,214          1,513

        Prepaid expenses and other             322            222

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              Total current assets          47,733         46,456

Property and equipment, net                  4,052          3,139

Other non-current assets                     1,713              -

 		
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                                        $   53,498     $   49,595

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Liabilities and Stockholders' Equity

Current liabilities:

        Credit line payable             $        -     $    2,500

        Accounts payable                     4,949         18,635

        Accrued expenses                       999            949

        Accrued income taxes                     -            237

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              Total current liabilities      5,948         22,321

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Stockholders' equity:

        Common stock                        24,843          7,290

        Retained earnings                   22,707         19,984

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              Total stockholders' equity    47,550         27,274

									
                                        $   53,498     $   49,595