<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, 1998. </LEGEND> <CIK> 0000906768 <NAME> MRS TECHNOLOGY, INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-31-1999 <PERIOD-START> APR-01-1998 <PERIOD-END> JUN-30-1998 <CASH> 129,041 <SECURITIES> 0 <RECEIVABLES> 337,273 <ALLOWANCES> 21,045 <INVENTORY> 5,575,890 <CURRENT-ASSETS> 6,154,043 <PP&E> 3,906,242 <DEPRECIATION> 3,775,570 <TOTAL-ASSETS> 6,314,054 <CURRENT-LIABILITIES> 3,257,558 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 68,586 <OTHER-SE> 2,987,910 <TOTAL-LIABILITY-AND-EQUITY> 6,314,054 <SALES> 0 <TOTAL-REVENUES> 389,525 <CGS> 0 <TOTAL-COSTS> 797,467 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 32,085 <INCOME-PRETAX> (1,799,749) <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (1,799,749) <EPS-PRIMARY> (0.26) <EPS-DILUTED> (0.26)