Part I - Financial Information was the subject of a
                   filing under Rule 12b-25 on February 24, 1999.
                                
               SECURITIES AND EXCHANGE COMMISSION
                      Washington, DC 20549

                          FORM 10-QSB/A

(Mark One)
[x]  Quarterly Report under Section 13 or 15 (d) of the
     Securities Exchange Act of 1934

For the quarterly period ended January 10, 1999

                               OR
                                
[  ] Transition Report Pursuant to Section 13 Or 15 (D) of the
     Securities Exchange Act Of 1934

Commission file number 0-12701

For the transition period from _______________ to _____________

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

                           CUCOS INC.
                                
(Exact name of small business issuer as specified in its charter)

                      LOUISIANA                            72-0915435
           (State or other jurisdiction of                (IRS Employer
           incorporation or organization)              Identification No.)
                                                                
 110 Veterans Blvd., Suite 222, Metairie, Louisiana           70005
      (Address of principal executive offices)             (Zip Code)

Issuer's telephone number, including area code--504-835-0306

Check  whether the issuer: (1) has filed all reports required  to
be  filed by Section 13 or 15 (d) of the Exchange Act during  the
post  12  months (or for such shorter period that the  registrant
was  required to file such reports), and (2) has been subject  to
such filing requirements for the past 90 days.

Yes [ X ] No [    ]

State  the  number of shares outstanding of each of the  issuer's
classes  of  common  equity, as of the latest  practicable  date:
2,651,730 shares of common stock, no par value, as of February 1,
1999.

Transitional Small Business Disclosure Format (check one):

Yes [   ] No [ X ]


Part I--Financial Information
ITEM I.  FINANCIAL STATEMENTS

                           CUCOS INC.
                          BALANCE SHEET
                                                             Jan. 10, 1999
                                                                UNAUDITED
Assets                                                                   
Current Assets                                                           
     Cash and Cash Equivalents                                   $528,000
     Receivables:                                                        
       Trade                                                      601,000
       Due from Affiliates                                        205,000
       Less Allowance for Doubtful Accounts                       277,000
                                                                  529,000
                                                                         
     Inventories                                                  237,000
     Prepaid Expenses                                             369,000
     Deferred Taxes and Other Current Assets                        4,000
       TOTAL CURRENT ASSETS                                     1,667,000
                                                                         
Deferred Taxes and Noncurrent Assets                              250,000
                                                                         
Property, Equipment and Other                                            
     Property and Equipment                                     4,565,000
     Building and Leasehold Improvements                        5,271,000
     Reacquired Franchise Rights                                  529,000
                                                               10,365,000
     Less Accumulated Depreciation and Amortization             5,625,000
                                                                4,740,000
                                                                         
Investment in LaMexiCo, LLC                                       233,000
Deferred Costs Less Accumulated Amortization of $53,000           331,000
     TOTAL ASSETS                                              $7,221,000
                                                                         
Liabilities and Shareholders' Equity                                     
Current Liabilities                                                      
     Trade Accounts Payable                                    $2,140,000
     Accrued Expenses and Other                                   457,000
     Accrued Payroll                                              192,000
     Current Portion of Long-Term Debt                            387,000
       TOTAL CURRENT LIABILITIES                                3,176,000
                                                                         
Long-Term Debt, Less Current Portion                            3,232,000
Deferred Revenue and Other                                        557,000
                                                                         
Shareholders' Equity                                                     
     Preferred Stock, No Par Value - 1,000,000 Shares                    
       Authorized, None Issued or Outstanding                           -
     Common Stock, No Par Value - 20,000,000 Shares                      
       Authorized, 2,651,730 Shares Issued and Outstanding      5,253,000
     Additional Paid-in Capital                                   111,000
     Retained Earnings (Deficit)                              (5,108,000)
       TOTAL SHAREHOLDERS' EQUITY                                 256,000
Total Liabilities and Equity                                   $7,221,000
                                                                         
See Notes to Financial Statements


Part I--Financial Information

<TABLE>
<CAPTION>
                           CUCOS INC.
                    STATEMENTS OF OPERATIONS
                            UNAUDITED


                                                         12 Weeks      12 Weeks        28 Weeks      28 Weeks
                                                          Ended         Ended             Ended         Ended
                                                       Jan 10, 1999  Jan 11, 1998  Jan 10, 1999  Jan 11, 1998
                                                                                                             
Restaurant Operations                                                                                        
 <S>                                                     <C>           <C>          <C>           <C>
 Sales of Food and Beverages                             $4,631,000    $4,840,000   $10,945,000   $11,345,000
 Restaurant Expenses:                                                                                        
   Cost of Sales                                          1,319,000     1,284,000     3,112,000     3,024,000
   Restaurant Labor and Benefits                          1,658,000     1,642,000     3,900,000     3,785,000
   Other Operating Expenses                                 957,000       847,000     2,272,000     2,055,000
   Occupancy Costs                                          528,000       537,000     1,246,000     1,212,000
   Preopening Costs                                          11,000        23,000        54,000        22,000
     Total Restaurant Expenses                            4,473,000     4,333,000    10,584,000    10,098,000
Income from Restaurant Operations                           158,000       507,000       361,000     1,247,000
                                                                                                             
Royalties and Franchise Revenues, Net of Expenses                                                            
   of $595 and 5,897                                         31,000        25,000        73,000        59,000
Commissary and Other Income                                  29,000        28,000        66,000        82,000
                                                            218,000       560,000       500,000     1,388,000
                                                                                                             
Operations Expenses                                         152,000       164,000       420,000       444,000
Corporate Expenses                                          395,000       332,000       834,000       731,000
Operating Income                                           (329,000)       64,000     (754,000)       213,000
                                                                                                             
Interest Expense                                            111,000       127,000       262,000       255,000
Loss Before Income Taxes and                                                                                 
 Extraordinary Expenses                                    (440,000)      (63,000)   (1,016,000)      (42,000)
Income Taxes                                                  1,000             -         1,000             - 
Loss Before Extraordinary Expenses                         (441,000)      (63,000)   (1,017,000)      (42,000)
Extraordinary Item - Debt Restructuring Penalties                 -      (166,000)            -      (166,000)
Net Loss                                                   (441,000)    ($229,000)   (1,017,000)    ($208,000)
                                                                                                             
Weighted Average Shares of Common Stock                   2,306,000     2,306,000     2,306,000     2,306,000
                                                                                                             
Net Loss per Share Before Extraordinary Expenses -                                                           
 Basic and Diluted                                          ($0.19)       ($0.03)       ($0.44)       ($0.02)
Net Loss Per Share - Basic and Diluted                      ($0.19)       ($0.10)       ($0.44)       ($0.09)
</TABLE>

See Notes to Financial Statements


Part I--Financial Information
<TABLE>
<CAPTION>

                           CUCOS INC.
                    STATEMENTS OF CASH FLOWS
                            UNAUDITED


                                                         28 Weeks        28 Weeks
                                                           Ended           Ended
                                                       Jan. 10, 1999   Jan. 11, 1998
                                                                                    
<S>                                                         <C>            <C>
NET CASH PROVIDED BY OPERATING ACTIVITIES                    $72,000        $157,000
                                                                                    
INVESTING ACTIVITIES                                                                
 Purchases of Property and Equipment                        (103,000)       (645,000)
                                                                                    
NET CASH USED IN INVESTING ACTIVITIES                       (103,000)       (645,000)
                                                                                    
FINANCING ACTIVITIES                                                                
 Change in Short-Term Borrowings                             100,000               -
 Proceeds from Long-Term Borrowings                                -       4,209,000
 Principal Payments on Borrowings                           (220,000)     (3,624,000)
                                                                                    
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES         (120,000)        585,000
                                                                                    
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS            (151,000)         97,000
                                                                                    
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD             679,000         476,000
                                                                                    
CASH AND CASH EQUIVALENTS AT END OF PERIOD                  $528,000        $573,000
                                                                                    
</TABLE>
                                
See Notes to Financial Statements

                         CUCOS INC.

NOTES TO FINANCIAL STATEMENTS  (UNAUDITED)

1.   The Company:  Cucos Inc. (the "Company") owns and franchises
     Mexican restaurants under the name "Cucos".  At January  10,
     1999,  fifteen Company-owned restaurants and five franchised
     restaurants were in operation.  At the end of the Comparable
     Quarter,   there   were  sixteen  company-owned   and   five
     franchised restaurants in operation.

2.   Fiscal  Year:   The  Company uses  a  52/53  week  year  for
     financial reporting purposes with the Company's fiscal  year
     ending  on  the  Sunday closest to June  30  of  each  year.
     Fiscal 1998 and fiscal 1999 are both 52 week years.

3.   The  accompanying unaudited financial statements  have  been
     prepared in accordance with the rules and regulations of the
     Securities and Exchange Commission.  Certain information and
     footnote  disclosures  normally included  in  the  financial
     statements  have  been omitted pursuant to  such  rules  and
     regulations.    It   is  suggested  that   these   financial
     statements be read in conjunction with the Company's  Annual
     Report  for  the fiscal year ended June 28,  1998.   In  the
     opinion  of  management, these financial statements  contain
     all normal recurring adjustments necessary to fairly present
     the financial results for the twelve weeks ended January 10,
     1999.   Operating  results  for the  period  shown  are  not
     necessarily indicative of the operating results expected for
     the full fiscal year ending June 27, 1999.

4.   Per  share amounts are based on the weighted average  number
     of   shares  of  common  stock  and  dilutive  common  stock
     equivalents outstanding.

5.   Certain  reclassifications  of previously  reported  amounts
     have been made to conform to current classifications.


              ITEM 2.  MANAGEMENT'S DISCUSSION AND
    ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL CONDITION


RESULTS OF OPERATIONS

Sales  of food and beverages for the 12 weeks ending January  10,
1999  (the  "Current Quarter") decreased 4.3% to $4,631,000  from
$4,840,000.  Sales of food and beverages for the 28 weeks  ending
January  10,  1999  (the "Current First Half") declined  3.5%  to
$10,945,000  from  $11,345,000.   The  decrease  in  the  Current
Quarter resulted from having one less restaurant open (Pensacola)
in  1999 than in 1998.  The decline in the Current First Half was
the result of one less restaurant partially offset by the opening
of  a  new  restaurant (Meridian, Mississippi),  an  increase  in
average  ticket price of 4.4%, and a decline in guest  counts  of
3.1%  in comparable restaurants.  The increase in average  ticket
price is the result of price increases implemented this year, and
the decline in guest count is the result of increased competition
in several of the Company's smaller markets.

Restaurant expenses in the Current Quarter and the Current  First
Half  increased by 3.2% and 4.8% respectively.  The cost of sales
in  both  the  Current Quarter and the Current  First  Half  were
adversely affected by an increase in prices, primarily cheese and
other dairy items.  The increase in restaurant labor and benefits
and  other  operating  costs are primarily  the  results  of  the
programs  introduced  to  increase  customer  satisfaction.   The
primary cost increases were related to advertising, uniforms, and
additional  managers  in  each  restaurant.   A  summary  of  the
components  of restaurant expenses as a percentage  of  sales  of
food and beverages are:

                                          Current     Comparable
     Description                          Quarter       Quarter
                                                     
     Cost of Sales                         28.48%       26.53%
     Restaurant Labor and Benefits         35.80        33.92
     Other Operating Expenses              20.67        17.50
     Occupancy Costs                       11.40        11.09
     Preopening Costs                        .24          .48
     Total Restaurant Expenses             96.59%       89.52%

Operations  expenses declined to $152,000 in the Current  Quarter
from  $164,000 in the Comparable Quarter and to $420,000  in  the
Current  First Half from $444,000 in the Comparable  First  Half.
This   decline   was  primarily  attributable  to  having   fewer
supervisory personnel.

Corporate  expenses  increased 19.0% in the  Current  Quarter  to
$395,000 and 14.1% in the Current First Half to $834,000.   These
increases are the result of additional legal and accounting  fees
and increases in insurance and salaries.

Interest  expense  declined to $111,000 (12.6%)  in  the  Current
Quarter  but  increased to $262,000 (2.8%) in the  Current  First
Half.   The  decline in the Current Quarter is the  result  of  a
lower average borrowing rate.

During  the  Comparable Quarter, the Company entered into  a  new
credit  facility  with  a  commercial  lending  institution.   In
connection with this refinancing, the Company incurred prepayment
penalties  of  $166,000  which were reported  in  the  Comparable
Quarter as an extraordinary loss.


LIQUIDITY AND CAPITAL RESOURCES

During  the Current First Half, despite a net loss of $1,016,000,
the Company's operating activities provided cash flow of $72,000.
Management has implemented certain actions to improve  the  guest
experience  at the restaurants in an effort to improve  operating
results and cash flows.  Management believes it will continue  to
generate cash flow from operating activities sufficient to  allow
it  to  operate  and  to meet its obligations.   Management  also
believes  there are alternate sources of financing  available  to
allow  the  Company to meet short-term financing needs which  may
arise.   However,  there  can be no assurance  that  management's
plans  will  be  successful  or that alternate  sources  will  be
available.

Net  cash  provided by operations together with $74,000 of  funds
from  additional  borrowings and cash at  the  beginning  of  the
Current  First Half were sufficient to fund $103,000 of purchases
of property and equipment and make $220,000 of principal payments
on borrowings.

Working  capital needs have been and will continue to be financed
from  operations  and short-term borrowings.   Although  none  is
planned,  restaurant expansion and remodeling has been  and  will
continue to be funded from long-term debt, lessor allowances  and
leases.   Because  of the timing of securing long-term  debt  and
leases,  restaurant expansion and remodeling may  be  temporarily
funded from operations.


IMPACT OF YEAR 2000

The  Company's position on the Year 2000 exposures are  described
in  the  Company's annual report for fiscal year ended  June  28,
1998.   The Company continues to address this issue and does  not
expect  any significant problems or exposures arising  from  this
issue.   There have been no significant changes in this  area  in
the Current Quarter.


FORWARD-LOOKING STATEMENTS

Forward-looking statements regarding management's  present  plans
or  expectations for new unit openings, remodels,  other  capital
expenditures, the financing thereof, and disposition of  impaired
units   involve  risks  and  uncertainties  relative  to   return
expectations  and related allocation of resources,  and  changing
economic or competitive conditions, as well as the negotiation of
agreements  with third parties, which could cause actual  results
to   differ  from  present  plans  or  expectations,   and   such
differences   could  be  material.   Similarly,   forward-looking
statements   regarding  management's  present  expectations   for
operating  results  involve  risk and uncertainties  relative  to
these  and  other factors, such as advertising effectiveness  and
the  ability  to achieve cost reductions, which also would  cause
actual  results  to differ from present plans.  Such  differences
could  be  material.  Management does not expect to  update  such
forward-looking statements continually as conditions change,  and
readers should consider that such statements speak only as to the
date hereof.


Part II-Other Information


ITEM 1.   LEGAL PROCEEDINGS.

          None, except as previously reported.

ITEM 2.   CHANGES IN SECURITIES.

          None.

ITEM 3.   DEFAULTS UPON SENIOR SECURITIES.

          None.

ITEM 4.   SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

          None.

ITEM 5.   OTHER INFORMATION.

          None.

ITEM 6.   EXHIBITS AND REPORTS ON FORM 8-K.

          a.   Exhibits.
               27 - Financial Data Schedule

          b.   Reports on Form 8-K.
               None.


                        INDEX TO EXHIBITS
                                
                                
          The following exhibits are filed with this Quarterly
Report or is incorporated herein by reference:

Exhibit Number           Title
                         
     27                  Financial Data Schedule




                           CUCOS INC.


                            SIGNATURE


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


                              CUCOS INC.
                              (Registrant)


                              Vincent J. Liuzza, Jr.


Date:  March 2, 1999       By:
                              Vincent J. Liuzza, Jr.
                              Chairman, Chief Executive Officer,
                              Chief Financial Officer