<ARTICLE> 5 <LEGEND> These financial statements should be read in conjunction with the financial statements and notes thereto included in the Company's Form 10-K for the fiscal year ended March 31, 1997. </LEGEND> <CIK> 0000906768 <NAME> MRS TECHNOLOGY, INC. <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> MAR-31-1998 <PERIOD-START> APR-01-1997 <PERIOD-END> DEC-31-1997 <CASH> 1,533,451 <SECURITIES> 0 <RECEIVABLES> 1,313,685 <ALLOWANCES> 21,045 <INVENTORY> 6,880,177 <CURRENT-ASSETS> 10,067,595 <PP&E> 3,950,678 <DEPRECIATION> 3,674,211 <TOTAL-ASSETS> 10,397,665 <CURRENT-LIABILITIES> 1,327,092 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 68,366 <OTHER-SE> 8,002,207 <TOTAL-LIABILITY-AND-EQUITY> 10,397,665 <SALES> 4,370,211 <TOTAL-REVENUES> 5,961,013 <CGS> 3,899,066 <TOTAL-COSTS> 4,661,702 <OTHER-EXPENSES> 22,535 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 78,601 <INCOME-PRETAX> (1,853,709) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,853,709) <EPS-PRIMARY> (0.27) <EPS-DILUTED> (0.27)