SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

SCHEDULE 13G
(RULE 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES

13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO

RULE 13d-2(b)

(AMENDMENT NO. )(1)

Digital Power Corporation

(Name of Issuer)

common stock

(Title of Class of Securities)

253862 10 6

(CUSIP Number)

August 19, 1998

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ X ] Rule 13d-1(b)
[ ] Rule 13d-(c)
[ ] Rule 13d-1(d)

(1) 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 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). 

CUSIP NO. 253862  10  6                         13G   PAGE   1    OF  5   PAGES

  (1)     NAMES OF REPORTING PERSONS
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

          COHEN SPECIALISTS, LLC
          13-3953387
          ---------------------------------------------------------------------

  (2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a)   [   ]
                                                                    (b)   [ X ]

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

  (3)     SEC USE ONLY

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

  (4)     CITIZENSHIP OR PLACE OF ORGANIZATION
              New York
          ---------------------------------------------------------------------

                       (5)     SOLE VOTING POWER
  NUMBER OF                  257,998
   SHARES              --------------------------------------------------------
 BENEFICIALLY          (6)     SHARED VOTING POWER
  OWNED BY                   0
    EACH               --------------------------------------------------------
  REPORTING            (7)     SOLE DISPOSITIVE POWER
 PERSON WITH                 257,998
                       --------------------------------------------------------
                       (8)     SHARED DISPOSITIVE POWER
                             0
                       --------------------------------------------------------

  (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
              257,998
          ---------------------------------------------------------------------

 (10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
          SHARES*                                                         [   ]

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

 (11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
              9.55%
          ---------------------------------------------------------------------

 (12)     TYPE OF REPORTING PERSON*
              BD
          ---------------------------------------------------------------------
                    *SEE INSTRUCTIONS BEFORE FILLING OUT!


                                                         Page 2    of  5  Pages



Item 1.    (a).    Name of Issuer:
                   Digital Power Corporation

(b). Address of Issuer's Principal Executive Offices:

41920 Christy Street
Freemont, CA 94538-3158

Item 2. (a). Name of Person Filing:

Cohen Specialists, LLC

(b). Address of Principal Business Office:

120 Broadway, Suite 7103 New York, New York 10271 

                                                        Page  3  of   5 Pages


Item 2.    (c).   Citizenship:

                  New York


           (d).   Title of Class of Securities:

                  common stock

(e). CUSIP Number:

253862 10 6

Item 3. This statement is filed pursuant to Rule 13d41(b) by BD

Item 4. Ownership.

(a). Amount Beneficially Owned

257,998

(b). Percent of Class:
9.55%

(c). Number of Shares as to which Cohen Specialists, LLC has: 

(i)     sole power to vote or to direct the vote       257,998

(ii)    shared power to vote or to direct the vote           0

(iii)   sole power to dispose or to direct the
        disposition of                                 257,998

(iv)    shared power to dispose or to direct the
        disposition of                                       0

Page 4 of 5 Pages

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

N/A

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

N/A

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

N/A

Item 8. Identification and Classification of Members of the Group:

N/A 

                                                         Page 5   of   5 Pages


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 the 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 purpose 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.

By: Andrew Cohen
Title: MANAGING DIRECTOR

Dated: February 5, 1999