Exhibit 10.1.6

                         AMENDMENT DATED AUGUST 7, 1998
                                       TO
                              WTD INDUSTRIES, INC.

                             1996 STOCK OPTION PLAN


         The WTD Industries,  Inc. 1996 Stock Option Plan (the "Plan") is hereby
amended as follows: Section 4.1 of the Plan is amended to read as follows:

                  4.1  Authorized Number of Shares.

                           Subject to  adjustment  as provided in Section 9.1, a
                  maximum of 1,425,000 shares of Common Stock shall be available
                  for  issuance  under the Plan.  Shares  issued  under the Plan
                  shall be drawn from  authorized and unissued  shares or shares
                  now held or subsequently acquired by the Company.

         The effective date of such amendment  shall be August 7, 1998, the date
of the adoption of such amendment by the Board of Directors of the  corporation,
unless the shareholders of the corporation fail to approve such amendment.