April 9, 1999



Securities and Exchange Commission
450 Fifth Street NW
Washington, DC  20549

RE:  Amended Schedule 13G
     Transact Technologies, Inc.
     As of March 31, 1999

Gentlemen:

In  accordance  with  Section  13(d)(5)  of  the  Securities
Exchange  Act  of  1934,  attached please  find  a  copy  of
an Amended Schedule 13G for the above named company showing 
beneficial ownership decreasing by more than 5% as of March 31, 
1999 filed on behalf of Awad Asset Management, Inc.

Very truly yours,



Kenneth K. Koster
Chief Compliance Officer

KKK:jmw
Enclosures

cc:  Office of the Corporate Secretary
     Transact Technologies, Inc.
     7 Laser Lane 
     Wallingford, CT  06492
    
     Securities Division
     NASD Financial Center
     33 Whitehall Street
     New York, NY  10004





               SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.  20549

                          Schedule 13G

           Under the Securities Exchange Act of 1934
                    (Amendment No. 1 )*


                  Transact Technologies, Inc.
                     (Name of Issuer)


               Common Stock par value $.01 per share
                 (Title of Class of Securities)


                           892918103
                         (CUSIP Number)


Check  the  following  box  if a fee  is  being  paid  with  this
statement  _____.   (A fee is not required  only  if  the  filing
person:    (1)  has  a  previous  statement  on  file   reporting
beneficial  ownership of more than five percent of the  class  of
securities  described in Item 1; and (2) has filed  no  amendment
subsequent thereto reporting beneficial ownership of five percent
or less of such class.)  (See Rule 13d-7.)

*The  remainder  of this cover page shall be  filled  out  for  a
reporting  person's initial filing on this form with  respect  to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.

The  information  required in the remainder of  this  cover  page
shall  not be deemed to be "filed" for the purpose of Section  18
of  the  Securities  Exchange Act of 1934  ("Act")  or  otherwise
subject  to the liabilities of that section of the Act but  shall
be  subject to all other provisions of the Act (however, see  the
Notes).









                        Page 1 of 5 Pages

                                
CUSIP NO. 892918103                                         13G
  NAME OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
       Awad Asset Management, Inc.
        58-2372400
                                                                      
 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*    (A)______
                                                        (B)______
                                                                      
 3  SEC USE ONLY
                                                                      
                                                                      
 4 CITIZENSHIP OR PLACE OF ORGANIZATION
                                                                      
   State of New York
                                                                      
                                                                      
     NUMBER OF           5    SOLE VOTING POWER
       SHARES                     5,000
   BENEFICIALLY          6    SHARED VOTING POWER
      OWNED                       - - -
      AS OF                                                           
   MARCH 31, 1999        7    SOLE DISPOSITIVE POWER
     BY EACH                      5,000
   REPORTING             8  SHARED DISPOSITIVE POWER
   PERSON WITH                    - - -
                                                                      
 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                                                      
                     5,000
                                                                      
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)EXCLUDES CERTAIN SHARES*


11  PERCENT OF CLASS RPRESENTED BY AMOUNT IN ROW 9
                                                                      
           0.09% 
                                                                      
12  TYPE OF REPORTING PERSON*
                                                                      
            IA                                                         
                                                                      
                                                                      
                  *SEE INSTRUCTION BEFORE FILLING OUT!
                                                                      
                                                                      
                          Page 2 of 5 Pages


Item 1(a) Name of Issuer:

          Transact Technologies, Inc.
         
Item 1(b) Address of Issuer's Principal Executing Offices:

          7 Laser Lane
          Wallingford, CT  06492


Item 2(a) Name of Person Filing:

          Awad Asset Management, Inc.


Item 2(b) Address of Principal Business Office:

          250 Park Avenue, 2nd Floor
          New York, NY  10177


Item 2(c) Citizenship:

          New York


Item 2(d) Title of Class of Securities:

          Common Stock par value $.01 per share


Item 2(e) CUSIP Number:

          892918103

Item 3    Type of Reporting Person:

          (e)   Investment  Adviser  registered  under Section 203 of the 
                Investment Advisors Act of 1940 


                  Page 3 of 5 Pages



Item 4     Ownership as of March 31, 1999:

           (a)  Amount Beneficially Owned:

                5,000 shares of common stock beneficially owned including:

                                                            No. of Shares
            Awad Asset 
            Management, Inc.                                    5,000


            (b) Percent of Class:                               0.09%

            (c) Deemed  Voting Power  and  Disposition Power:

                (i)            (ii)           (iii)            (iv)
                                              Deemed           Deemed
                Deemed         Deemed         to have          to have
                to have        to have        Sole Power       Shared Power
                Sole Power     Shared Power   to Dispose       to Dispose
                to Vote or     to Vote or     or to            or to
                to Direct      to  Direct     Direct the       Direct the
                to Vote        to Vote        Disposition      Disposition

Awad Asset      5,000          ----           5,000            ----
Management, Inc.

Item 5     Ownership of Five Percent or Less of a Class:

           If  this  statement is being filed to report the  fact
           that as of the date hereof the reporting person has ceased to be
           the beneficial owner of more than five percent of the  class  of 
           securities,  check the following.
                                                           ( X )

Item 6     Ownership of More than Five Percent on Behalf  of Another Person:

           N/A

Item 7     Identification and Classification of the Subsidiary which Acquired
           the Security Being  Reported on by the Parent Holding Company:

           N/A


                       Page 4 of 5 Pages


Item 8     Identification and Classification of  Members  of the Group:   N/A

Item 9     Notice of Dissolution of Group:   N/A

Item 10    Certification:

           By  signing  below I certify that to the  best  of  my
knowledge  and  belief,  the securities referred  to  above  were
acquired in the ordinary course of business and were not acquired
for  purpose  of  and  do  not have the  effect  of  changing  or
influencing the control of the issuer of such securities and were
not  acquired  in  connection with or as  a  participant  in  any
transaction having such purposes or effect.

           Signature

           After  reasonable  inquiry  and  to  the  best  of  my
knowledge and belief, I certify that the information set forth in
this statement is true, complete and correct.

Date: March 31, 1999               AWAD ASSET MANAGEMENT, INC.


                                   __________________________________
                                   Kenneth K. Koster
                                   Chief Compliance Officer

















                       Page 5 of 5 Pages