Form 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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(Print or type responses)

1. Name and Address of Reporting Person* ~~Pecora~~Raymond ~~William~~James ACapital Partners, L.P. (Last) (First) (Middle) ~~880 Carillon Parkway (Street)~~

880 Carillon Parkway

(Street)

St. Petersburg, FL 33716 ~~(City) (State) (Zip)~~

(City) (State) (Zip)

2. Date of Event
Requiring Statement
(Month/Day/Year)

01/17/2001

4. Issuer Name and Ticker or Trading Symbol

Display Technologies, Inc. (DTEK)

3. I.R.S. Identification
Number of Reporting
Person, if an entity
(voluntary)

5. Relationship of Reporting Person(s) to Issuer (Check all applicable) ~~_X_~~___ Director ~~___10~~_X_10% Owner* ___ Officer (give ___ Other (specify title below) below)

~~_________________~~* All Reporting Persons

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

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

Table I -- Non-Derivative Securities Beneficially Owned

1. Title of Security
(Instr. 4)

2. Amount of Securities
Beneficially Owned
(Instr. 4)

3. Ownership
    Form: Direct
    (D) or Indirect
     (I) (Instr. 5)

4. Nature of Indirect Beneficial Ownership
(Instr. 5)

None (All Reporting Persons)

None

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 person, see Instruction 5(b)(v).

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 OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exer- cisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conver- sion or Exercise Price of Deri- vative Security	5. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exer-cisable	Expira- tion Date	Title	Amount or Number of Shares
None				None
Series A-1 Convertible Preferred Stock	01/17/2001	07/30/2004	Common Stock	2,000,000	$2.00	D
Stock Purchase Warrant	07/30/1999	07/30/2004	Common Stock	167,945	$2.50	D
Stock Purchase Warrant	01/17/2001	01/17/2006	Common Stock	2,143,000	$.125	D

Explanation of Responses:

**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	~~William~~/s/ Gary A. ~~Pecora~~Downing ~~William~~RAYMOND JAMES CAPITAL PARTNERS, L.P., a Delaware limited partnership By: RJC PARTNERS, L.P., a Delaware limited partnership, its General Partner By: RJC PARTNERS, INC., a Delaware corporation, its General Partner By; Gary A. ~~Pecora~~Downing, President **Signature of Reporting Person	011/29/0001 Date
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.
	Page 2

FORM 3 (continued)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exer- cisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conver- sion or Exercise Price of Deri- vative Security	5. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exer-cisable	Expira- tion Date	Title	Amount or Number of Shares	4. Conver- sion or Exercise Price of Deri- vative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A-1 Convertible Preferred Stock	01/17/2001	07/30/2004	Common Stock	2,000,000	$2.00	I	See (1)
Stock Purchase Warrant	07/30/1999	07/30/2004	Common Stock	167,945	$2.50	I	See (1)
Stock Purchase Warrant	01/17/2001	01/17/2006	Common Stock	2,143,000	$.125	I	See (1)

Explanation of Responses:

(1) The securities listed are beneficially owned directly by Raymond James Capital Partners,L.P., whose sole general partner is RJC Partners, L.P.

**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	*/s/Gary A. Downing* RJC PARTNERS, L.P., a Delaware limited partnership By: RJC PARTNERS, INC., a Delaware corporation, its General Partner By; Gary A. Downing, President Signature of Reporting Person ADDRESS:** 880 Carillon Parkway St. Petersburg, FL 33716	1/29/01 Date
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.
	Page 3

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exer- cisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conver- sion or Exercise Price of Deri- vative Security	5. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exer-cisable	Expira- tion Date	Title	Amount or Number of Shares	4. Conver- sion or Exercise Price of Deri- vative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A-1 Convertible Preferred Stock	01/17/2001	07/30/2004	Common Stock	2,000,000	$2.00	I	See (1)
Stock Purchase Warrant	07/30/1999	07/30/2004	Common Stock	167,945	$2.50	I	See (1)
Stock Purchase Warrant	01/17/2001	01/17/2006	Common Stock	2,143,000	$.125	I	See (1)

Explanation of Responses:

(1) The securities listed are beneficially owned directly by Raymond James Capital Partners, L.P., whose sole general partner is RJC Partners, L.P. The sole general partner of RJC Partners, L.P., is RJC Partners, Inc.

**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	*/s/ Gary A. Downing* RJC PARTNERS, Inc. a Delaware corporation, By; Gary A. Downing, President Signature of Reporting Person ADDRESS:** 880 Carillon Parkway St. Petersburg, FL 33716	1/29/01 Date
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.
	Page 4

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exer- cisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conver- sion or Exercise Price of Deri- vative Security	5. Owner- ship Form of Deriv- ative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exer-cisable	Expira- tion Date	Title	Amount or Number of Shares	4. Conver- sion or Exercise Price of Deri- vative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A-1 Convertible Preferred Stock	01/17/2001	07/30/2004	Common Stock	2,000,000	$2.00	I	See (1)
Stock Purchase Warrant	07/30/1999	07/30/2004	Common Stock	167,945	$2.50	I	See (1)
Stock Purchase Warrant	01/17/2001	01/17/2006	Common Stock	2,143,000	$.125	I	See (1)

**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	*/s/ J. P. Julian* RAYMOND JAMES FINANCIAL, INC. Signature of Reporting Person ADDRESS:** 880 Carillon Parkway St. Petersburg, FL 33716	1/29/01 Date
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.
	Page 5

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