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                                                             EXHIBIT 23.2
                       Consent of Independent Auditors



We consent to the incorporation by reference in the Registration Statement
(Form S-8) pertaining to the 1995 Stock Option and Incentive Plan, the 1995
Non-Qualified Stock Option Plan and the 1994 Restricted Stock Plan of
Ferrofluidics Corporation of our report dated September 3, 1996, with respect
to the consolidated financial statements and schedule of Ferrofluidics
Corporation for the year ended June 30, 1996, included in its Annual Report
(Form 10-K) for the year ended June 30, 1996, filed with the Securities and
Exchange Commission.



                                                /s/ Ernst & Young LLP


Manchester, New Hampshire
October 1, 1996