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<SEC-DOCUMENT>0001061740-98-000002.txt : 19980812
<SEC-HEADER>0001061740-98-000002.hdr.sgml : 19980812
ACCESSION NUMBER:		0001061740-98-000002
CONFORMED SUBMISSION TYPE:	5
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19980807
FILED AS OF DATE:		19980810
SROS:			NASD

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRO DEX INC
		CENTRAL INDEX KEY:			0000788920
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047]
		IRS NUMBER:				841261240
		STATE OF INCORPORATION:			CO
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		5
		SEC ACT:		
		SEC FILE NUMBER:	000-14942
		FILM NUMBER:		98680100

	BUSINESS ADDRESS:	
		STREET 1:		1401 WALNUT ST STE 500
		CITY:			BOULDER
		STATE:			CO
		ZIP:			80302-5333
		BUSINESS PHONE:		3034438165

	MAIL ADDRESS:	
		STREET 1:		1401 WALNUT STREET
		STREET 2:		SUITE 540
		CITY:			BOULDER
		STATE:			CO
		ZIP:			80302
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			REINHARDT RICHARD N
	CENTRAL INDEX KEY:			0001061740
	STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MEDICAL, DENTAL & HOSPITAL EQUIPMENT & SUPPLIES [5047]
<RELATIONSHIP>DIRECTOR
	STATE OF INCORPORATION:			CO
	FISCAL YEAR END:			0630

FILING VALUES:
	FORM TYPE:		5

BUSINESS ADDRESS:	
	STREET 1:		1401 WALNUT ST STE 500
	CITY:			BOULDER
	STATE:			CO
	ZIP:			80302-5333
	BUSINESS PHONE:		3034438165

MAIL ADDRESS:	
	STREET 1:		1401 WALNUT STREET
	STREET 2:		SUITE 540
	CITY:			BOULDER
	STATE:			CO
	ZIP:			80302
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>5
<SEQUENCE>1
<TEXT>



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

                                  FORM 5


              ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

1. Name and Address of Reporting Person
   Richard N. Reinhardt
   1401 Walnut Street, Suite 540
   Boulder, Colorado  80302

2. Issuer Name and Ticker or Trading Symbol
   Pro-Dex, Inc./ PDEX

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

4. June/1998

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

6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director ( ) 10% Owner ( ) Officer (give title below)
   ( ) Other (specify below)

7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person

________________________________________________________________________________
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
________________________________________________________________________________
1.Title of Security  |2.Trans-|3.Trans-|4.Securities Acquired (A)  |5.Amount of
  (Instruction 3)    |action  |action  |or Disposed of (D)         |Securities
                     |Date    |Code    |(Instr. 3, 4, and 5)       |Beneficially
                     |        |(Instr. |                           |Owned at end
                     |(Month/ | 8)     |                           |of Issuer's
                     | Day/   |        |___________________________|Fiscal Year
                     | Year)  |        | Amount |(A)or(D)|  Price  |(Instr. 3&4)
_____________________|________|________|________|________|_________|____________
Pro-Dex, Inc.        |        |    |   |        |        |         |
Common Stock         |        |    |   |        |        |         |  46,950
_____________________|________|____|___|________|________|_________|____________
Pro-Dex, Inc.        |        |    |   |        |        |         |
Common Stock         |        |    |   |        |        |         |  29,000
_____________________|________|____|___|________|________|_________|____________
Pro-Dex, Inc.        |        |    |   |        |        |         |
Common Stock         |        |    |   |        |        |         | 250,000
_____________________|________|____|___|________|________|_________|____________

6.Ownership Form:   |7.Nature of
  Direct (D) or     |  Indirect Beneficial
  Indirect (I)      |  Ownership
  (Instr. 4)        |  (Instr. 4)
____________________|_______________________________________
        D           |      
____________________|_______________________________________
        I           | By Spouse    
____________________|_______________________________________
        I           | By Professional Sales Associates, Inc.
____________________|_______________________________________

________________________________________________________________________________
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
           (e.g., puts, calls, warrants, options, convertible securites)
________________________________________________________________________________
1.Title of Derivative|2.Con-  |3.Trans-|4.Trans-|5.Number of|6.Date   |7.Title 
Security (Instr. 3)  |version |action  |action  |Derivative |Exer-    |and
                     |or Exer-|Date    |Code    |Securities |cisable  |amount of
                     |cise    |(Month/ |(Instr. |Acquired(A)|and Ex-  |Under-
                     |Price   | Day/   | 8)     |or Disposed|piration |lying
                     |of De-  | Year)  |        |of (D)     |Date     |Secur-
                     |rivative|        |        |(Instr. 3, |(Month/  |ities
                     |Security|        |        | 4, and 5) | Day/    |(Instr.
                     |        |        |        |___________| Year)   |4)
                     |        |        |        | (A) | (D) |         |
_____________________|________|________|________|_____|_____|_________|_________
Option to Acquire    |        |        |        |           |         |  
Pro-Dex,Inc.         |  1.75  |12/31/93|   A    |           |12/31/93-| Common/
Common Stock         |        |        |        |           |12/31/03 | 50,000
_____________________|________|________|________|___________|_________|_________
Option to Acquire    |        |        |        |           |         |
Pro-Dex, Inc.        |  2.44  |05/27/94|   A    |           |05/27/94-| Common/
Common Stock*        |        |        |        |           |05/27/04 | 2,051
_____________________|________|________|________|___________|_________|_________
Option to Acquire    |        |        |        |           |         |
Pro-Dex, Inc.        |  2.50  |04/07/95|   A    |           |04/07/95-| Common/
Common Stock*        |        |        |        |           |04/07/05 | 50,000
_____________________|________|________|________|___________|_________|_________
Option to Acquire    |        |        |        |           |         |
Pro-Dex, Inc.        |  2.85  |06/30/95|   A    |           |06/30/95-| Common/
Common Stock*        |        |        |        |           |06/30/05 | 1,754
_____________________|________|________|________|___________|_________|_________
Option to Acquire    |        |        |        |           |         |
Pro-Dex, Inc.        |  2.44  |02/27/96|   A    |           |02/27/96-| Common/
Common Stock*        |        |        |        |           |02/27/06 | 20,000
_____________________|________|________|________|___________|_________|_________
Option to Acquire    |        |        |        |           |         |
Pro-Dex, Inc.        |  2.90  |02/27/97|   A    |           |02/27/97-| Common/
Common Stock*        |        |        |        |           |02/27/07 | 15,000
_____________________|________|________|________|___________|_________|_________
Option to Acquire    |        |        |        |           |         |
Pro-Dex, Inc.        |  2.85  |02/27/98|   A    |           |02/27/98-| Common/
Common Stock*        |        |        |        |           |02/27/08 | 15,000
_____________________|________|________|________|___________|_________|_________
Series A Convertible |        |        |        |           |         |
Preferred Stock **   |        |        |        |           |    **   | 58,229
_____________________|________|________|________|___________|_________|_________

_________________________________________________________
8.Price of |9.Number of  |10.Ownership Form |11.Nature of
Derivative |Derivative   |of Derivative     |Indirect
Security   |Securities,  |Security:         |Beneficial
(Instr. 5) |Beneficially |Direct (D) or     |Ownership
           |Owned at End |Indirect (I)      |(Instr. 4)
           |of Year      |(Instr. 4)        |
           |(Instr. 4)   |                  |
___________|_____________|__________________|_____________
           |             |                  |
___________|_____________|__________________|_____________
           |             |                  |
___________|_____________|__________________|_____________
           |             |                  |
___________|_____________|__________________|_____________
           |             |                  |
___________|_____________|__________________|_____________
           |             |                  | 
___________|_____________|__________________|_____________
           |             |                  |
___________|_____________|__________________|_____________
           |             |                  |
___________|_____________|__________________|_____________
           |   58,229    |        I         | By PSA, Inc.
___________|_____________|__________________|_____________


Explanation of Responses:

*   The options will expire, if not exercised, 90 days after the Optionee 
    ceased to act as a Director.

**  Convertible share for share at anytime at the option of the holder.


SIGNATURE OR REPORTING PERSON
/s/ Richard N. Reinhardt

DATE
August 7, 1998

</sec-DOCUMENT>

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