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<SEC-DOCUMENT>0000276720-95-000004.txt : 19951002
<SEC-HEADER>0000276720-95-000004.hdr.sgml : 19951002
ACCESSION NUMBER:		0000276720-95-000004
CONFORMED SUBMISSION TYPE:	10QSB/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	19950531
FILED AS OF DATE:		19950926
SROS:			NASD

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PURE CYCLE CORP
		CENTRAL INDEX KEY:			0000276720
		STANDARD INDUSTRIAL CLASSIFICATION:	REFRIGERATION & SERVICE INDUSTRY MACHINERY [3580]
		IRS NUMBER:				840705083
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		10QSB/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-08814
		FILM NUMBER:		95576162

	BUSINESS ADDRESS:	
		STREET 1:		5650 YORK STREET
		CITY:			COMMERCE CITY
		STATE:			CO
		ZIP:			80022
		BUSINESS PHONE:		3032923456

	MAIL ADDRESS:	
		STREET 1:		5650 YORK ST
		CITY:			COMMERCE CITY
		STATE:			CO
		ZIP:			80022

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PURECYCLE CORP
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>10QSB/A
<SEQUENCE>1
<TEXT>

                          PURE CYCLE CORPORATION
                             5650 YORK STREET
                         COMMERCE CITY, CO  80022

SEPTEMBER 26,1995


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC  20549


Gentlemen:

Pursuant to Item 601(c) of Regulation S-B Section 228.601(c) of the
Securities and Exchange Act of 1934, we are submitting herewith the 
attached Financial Data Schedule (Exhibit 27) as an amendment to the
Form 10-QSB for the quarter ended May 31, 1995.


Very truly yours,

Thomas P. Clark

Thomas P. Clark
President
<PAGE>

                          PURE CYCLE CORPORATION
                                SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act 
of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.

                                         PURE CYCLE CORPORATION

   Date:

   September 26, 1995                    /S/   Thomas P. Clark
   ------------------                    -----------------------
                                         Thomas P. Clark
                                         President

   Date:

   September 26, 1995                    /S/   Mark W. Harding
   ------------------                    -----------------------
                                         Mark W. Harding
                                         Chief Financial Officer
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-27
<SEQUENCE>2
<TEXT>

<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE PURE
CYCLE CORPORATION 10-QSB DATE MAY 31, 1995 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               MAY-31-1995
<CASH>                                         709,533
<SECURITIES>                                   311,974
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             1,032,681
<PP&E>                                          14,160
<DEPRECIATION>                                 (8,090)
<TOTAL-ASSETS>                              12,431,553
<CURRENT-LIABILITIES>                          408,125
<BONDS>                                              0
<COMMON>                                       261,584
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                      2,043
<OTHER-SE>                                   4,844,307
<TOTAL-LIABILITY-AND-EQUITY>                12,431,553
<SALES>                                              0
<TOTAL-REVENUES>                                     0
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             (254,959)
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           (145,524)
<INCOME-PRETAX>                              (404,094)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                          (404,094)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 (404,094)
<EPS-PRIMARY>                                   (0.01)
<EPS-DILUTED>                                        0
        

</TABLE>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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