Polimeni Dominic A – ‘4’ for 9/15/97 re: Questron Technology Inc.

As of:  Wednesday, 9/17/97   ·   For:  9/15/97   ·   Accession #:  950136-97-1292   ·   File #:  0-13324

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Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of        3     13K 
                Securities by an Insider                                         

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FORM 4                                                                          

[ ] Check this box if no longer subject                                         
to Section 16. Form 4 or Form 5                                         
obligations may continue.  See                                          
Instructions 1(b).                                                      

    UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549  

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP  

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,   
Section 17(a) of the Public Utility Holding Company Act of 1935 or  
Section 30(f) of the Investment Company Act of 1940   

[Print or Type Response]                                                        
_______________________________________________________________________________ 
1. Name and Address of Reporting Person*                                        

Polimeni,          Dominic             A.                                       
-----------------------------------------------------                           
(Last)            (First)            (Middle)                             

c/o Gulfstream Financial Group, Inc.                                            
6400 Congress Ave. St. 200A                                                     
-----------------------------------------------------                           
(Street)                              

Boca Raton, FL 33487                                                            
-----------------------------------------------------                           
(City)               (State)         (Zip)                                

_______________________________________________________________________________ 
2. Issuer Name and Ticker or Trading Symbol                                     

Questron Technology, Inc. (QUST)                                

_______________________________________________________________________________ 
3. IRS or Social Security Number of Reporting Person (Voluntary)                

_______________________________________________________________________________ 
4. Statement for Month/Year                                                     

September 1997                                                            

_______________________________________________________________________________ 
5. If Amendment, Date of Original (Month/Year)                                  

_______________________________________________________________________________ 
6. Relationship of Reporting Person to Issuer                                   
(Check all applicable)                                                    

[X] 10% Owner                                                             
[X] Director                                                              
[X] Officer (give title below)                                            
[ ] Other (specify below)                                                 

Chairman, President and Chief Exec. Of.                                   
--------------------------------------------------                        

--------------------------------------------------                        

_______________________________________________________________________________ 
7. Individual or Joint/Group Filing (Check Applicable Line)                     

[X] Form filed by One Reporting Person                                    
[ ] Form filed by More than One Reporting Person                          

_______________________________________________________________________________ 

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FORM 4 (continued)                                                              

                                                        [Enlarge/Download Table]

                    TABLE I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                     
------------------------------------------------------------------------------------------------------------------------

          1.                2.           3.                     4.                       5.           6.          7.    
---------------------    --------    ----------   ------------------------------    -----------   ----------  ----------
                                                                                    Amount of     Owner-                
                                                                                    Securities    ship                  
                         Trans-      Trans-          Securities Acquired (A)        Beneficially  Form:                 
                         action      action          or Disposed of (D)             Owned at      Direct      Nature of 
                         Date        Code            (Instr. 3, 4 and 5)            End of        (D) or      Indirect  
Title of                 (Month/     (Instr. 8)   ----------------------------      Month         Indirect    Beneficial
Security                  Day/       ----------     Amount    (A) or    Price       (Instr.       (I)         Ownership 
(Instr. 3)                Year)      Code   V                   (D)                 3 and 4)      (Instr. 4)  (Instr. 4)
---------------------    --------    ----  ----   -----------  ------  ---------    -----------   ----------  ----------
                                                                                                                        


Reminder: Report on a separate line for each class of securities beneficially   
owned directly or indirectly.                               

*If the form is filed by more than one reporting person, see                    
Instruction 4(b)(v).                                                          

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FORM 4 (continued)                                                              

                                                        [Enlarge/Download Table]

                     TABLE II--Derivative Securities Acquired, Disposed of, or Beneficially Owned                                  
                             (e.g. puts, calls, warrants, options, convertible securities)                                         
------------------------------------------------------------------------------------------------------------------------------     

     1.        2.       3.         4.         5.             6.                 7.           8.         9.         10.       11.   
----------  --------  --------  --------  ----------    ------------      --------------   ------  ----------  --------- ----------
                                                                           Title and                           Ownership           
                                          Number of     Date Exer-         Amount of                           Form of             
                                          Derivative    cisable and        Underlying              Number of   Deriv-              
                                          Securities    Expiration         Securities      Price   Derivative  ative               
            Conver-             Trans-    Acquired (A)  Date (Month/       (Instr. 3       of      Securities  Security:           
            sion or   Trans-    action    or Disposed    Day/Year)          and 4)         Deriv-  Benefi-     Direct              
            Exercise  action    Code      of (D)        --------------    --------------   ative   cially      (D) or    Nature of 
Title of    Price of  Date      (Instr.   (Instr. 3,    Date                      Amount   Secur-  Owned at    Indirect  Indirect  
Derivative  Deriv-    (Month/    8)        4 and 5)     Exer-    Expir-           or Num-  ity     End of      (I)       Beneficial
Security    ative      Day/     --------  ----------    cis-     ation            ber of   (Instr. Month       (Instr.   Ownership 
(Instr. 3)  Security   Year)    Code  V   (A)   (D)     able     Date     Title   Shares    5)     (Instr. 4)   4)       (Instr. 4)
----------  --------  --------  ---- ---  ----  ----    -------  -----    -----   ------   ------  ----------  --------  ----------
                                                                                                                                   
Series B       (1)    9/15/97    P       10,000          (1)      (1)     Common  14,375   $7.75   10,000        D                 
Convertible                                                               Stock                                                    
Preferred                                                                                                                          
Stock                                                                                                                              


Explanation of Responses:                                                       

(1) Each share of Series B Convertible Preferred                                
Stock will automatically convert into 1.4375                            
shares of Common Stock on March 4, 1999.                                
-----------------------------------------------------                           

-----------------------------------------------------                           

   /s/ Dominic A. Polimeni                       9/16/97
             ----------------------------------------     --------------------
      ** Signature of Reporting Person                    Date

Dominic A. Polimeni                               

** Intentional misstatements or omissions of facts constitute Federal Criminal  
Violations.  See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                    

Note: File three copies of this Form, one of which must be manually signed.     
If space provided is insufficient, see Instruction 6 for procedure. 

Potential persons who are to respond to the collection of information contained 
in this Form are not required to respond unless the Form displays a currently   
valid QMB Number.                                                               

                                                                    Page 2

Dates Referenced Herein

				Referenced-On Page
This ‘4’ Filing		Date		First		Last			Other Filings
		3/4/99		3					None on these Dates
Filed on:		9/17/97
For Period end:		9/15/97
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