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

                                  FORM 10-Q


(Mark One)


         [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                       SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended November 30, 1996


                                      OR


         [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                       SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______________ to _______________

Commission File Number 0-21192


              CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.
            (Exact Name of Registrant as Specified in its Charter)


      LOUISIANA                                       72-0721367
(State or Other Jurisdiction of           (I.R.S. Employer Identification No.)
Incorporation or Organization)

109 NORTH PARK BLVD., COVINGTON, LOUISIANA                            70433
(Address of Principal Executive Offices)                            (Zip Code)

                                    (504) 867-5000
                Registrant's Telephone Number, Including Area Code


      Indicate  by check mark whether the Registrant (1) has filed all reports
required to be filed  by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding  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  
                                --------    --------


At January 10,  1997,  there  were  5,566,906 shares of common stock, $.10 par
value, outstanding.



              CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.

                                    INDEX


Part I.       Financial Information                                       Page

              Item 1.  Financial Statements                                  3

              Statements of Operations -
                Three Months Ended November 30, 1996 and 1995                3

              Balance Sheets -
                November 30, 1996, August 31, 1996 and November 30, 1995     4

              Statements of Cash Flows -
                Three Months Ended November 30, 1996 and 1995                5

              Notes to Financial Statements                                  6

              Item 2.  Management's Discussion and Analysis of
                       Financial Condition  and  Results of Operations       7


Part II.      Other Information

              Item 1.  Legal Proceedings                                    11

              Item 6.  Exhibits and Reports on Form 8-K                     11

              Signatures                                                    12



              CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.

                     STATEMENTS OF OPERATIONS (UNAUDITED)

                   FOR THE THREE MONTHS ENDED NOVEMBER 30,

                                            1996             1995
Net sales                              $ 65,762,745      $ 78,955,480
Cost of sales                            52,892,913        61,078,404
                                       ------------      ------------
    Gross profit                         12,869,832        17,877,076

Selling, general and administrative    
  expenses                               13,798,856        17,096,894
                                       ------------      ------------
    Operating income (loss)                (929,024)          780,182

Other income (expense):
    Interest expense                       (449,516)         (492,849)
    Interest income                          19,703            35,007
    Other income, net                        58,739           120,999
                                       ------------      ------------
                                           (371,074)         (336,843)

Income (loss) before income taxes        (1,300,098)          443,339

Income tax expense (benefit)               (494,000)          168,000
                                       ------------      ------------

Net Income (loss)                      $   (806,098)     $    275,339
                                       ============      ============

Per share data:
Net income (loss) per share            $      (0.14)     $        .05
                                       ============      ============ 
                                       
Weighted average number of common
    shares outstanding                    5,566,906         5,566,906
                                       ============      ============

  The accompanying notes are an integral part of these financial statements.



              CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.

                          BALANCE SHEETS (UNAUDITED)
<TABLE>
<CAPTION>

                                           November 30,   August 31,   November 30,
                                               1996          1996          1995
                 ASSETS                        ----          ----          ----
                 ------
<S>                                         <C>           <C>           <C> 
Current assets:
    Cash and cash equivalents                  4,286,559  $  3,303,822  $  4,576,346
    Investments in marketable securities
                                                 140,288       129,788       162,864
 Receivables (net of an allowance of 
    $2.6 million at November 30, 1996;
    $2.9 million at August 31, 1996 and
    $2.7 million at November 30, 1995)        17,492,348    14,561,102    20,508,078
    Merchandise inventory                     72,624,838    56,387,842    82,206,454
    Deferred income taxes                      2,411,000     3,033,000     4,496,576
    Other                                        576,100       471,399     1,247,623
                                            ------------  ------------  ------------
 Total current assets                         97,531,133    77,886,953   113,197,941


Property and equipment, net                   35,957,335    36,376,959    38,850,993
Deferred income taxes                            811,000     1,234,000     3,145,734
Intangibles and other                          3,464,499     3,535,639     3,618,001
                                            ------------  ------------  ------------
                                            $137,763,967  $119,033,551  $158,812,669
                                            ============  ============  ============ 
  
  LIABILITIES AND SHAREHOLDERS' EQUITY
  ------------------------------------
Current liabilities:
    Current portion of long-term debt       $ 16,213,515  $  2,478,179  $  2,591,189
    Short-term borrowings - line of credit     9,250,000         -----     3,500,000
    Accounts payable                          57,508,716    47,793,786    72,094,555
    Accrued expenses                           9,198,338     7,169,218    10,891,778
    Deferred revenue                           4,142,875     4,621,294     6,118,671
                                            ------------  ------------  ------------
 Total current liabilities                    96,313,444    62,062,477    95,196,193
                                            ------------  ------------  ------------

Long-term debt, less current portion           4,331,664    18,191,371    19,930,909
Deferred revenue                               3,789,041     4,650,296     7,931,916
                                            ------------  ------------  ------------
                                               8,120,705    22,841,667    27,862,825
                                            ------------  ------------  ------------

Commitments and contingencies

Shareholders' equity:
Preferred stock, 500,000 shares authorized,
    no shares issued or outstanding                -----         -----         -----
Common stock, $.10 par value; 20,000,000
    shares authorized, 5,566,906 issued
    and outstanding at November 30, 1996
    and 1995 and August 31, 1996                 556,691       556,691       556,691
Paid-in capital                               32,373,306    32,373,306    32,373,306
Retained earnings                                582,750     1,388,849     3,052,248
Less:  Unearned compensation                       -----         -----       (59,063)
       Unrealized loss on marketable        
       securities available for sale            (182,929)     (189,439)     (169,531)
                                            ------------  ------------  ------------
    Total shareholders' equity                33,329,818    34,129,407    35,753,651
                                            ------------  ------------  ------------
                                            $137,763,967  $119,033,551  $158,812,669
                                            ============  ============  ============
</TABLE>

 The accompanying  notes are an integral part of these financial statements.



              CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.

                     STATEMENTS OF CASH FLOWS (UNAUDITED)

                   FOR THE THREE MONTHS ENDED NOVEMBER 30,


                                                       1996           1995
Cash flow from operating activities:
 Net income (loss)                               $   (806,098)  $    275,339
Adjustments to reconcile net income to net
 cash provided by (used in) operating activities:
 Depreciation and amortization                      1,079,062      1,720,082
 Deferred income taxes                              1,041,010          -----
 Stock awards                                           -----          8,437
 Provision for uncollectible receivables              298,626         66,350
 Loss on disposal of assets                            51,051          -----
 (Increase) decrease in assets:
   Receivables                                     (3,229,871)    (1,170,753)
   Merchandise inventory                          (16,236,996)   (21,948,047)
   Other current assets                              (130,965)      (120,007)
 Increase (decrease) in liabilities:
   Accounts payable                                 9,714,930     17,790,787
   Accrued expenses                                 2,029,119      3,672,273
   Deferred revenue                                (1,339,674)    (1,914,677)
                                                 ------------   ------------
 Net cash used in operating activities             (7,529,806)    (1,620,216)
                                                 ------------   ------------

Cash flow from investing activities:
 Purchase of property and equipment                  (670,463)      (237,693)
 Decrease in other assets                              57,377         23,722
                                                 ------------   ------------
   Net cash used in investing activities             (613,086)      (213,971)
                                                 ------------   ------------

Cash flow from financing activities:
 Decrease in long-term debt                          (124,371)      (194,787)
 Borrowings under line of credit                   17,050,000     21,300,000
 Repayments under line of credit                   (7,800,000)   (17,800,000)
                                                 ------------   ------------
   Net cash provided by financing activities        9,125,629      3,305,213
                                                 ------------   ------------

Net increase in cash and cash equivalents             982,737      1,471,026
Cash and cash equivalents at beginning of 
  period                                            3,303,822      3,105,320
                                                 ------------   ------------ 
Cash and cash equivalents at end of period       $  4,286,559   $  4,576,346
                                                 ============   ============
Cash paid during the period for:
 Interest expense                                $    386,955   $    190,550
                                                 ============   ============
 Income taxes                                    $     26,000   $     69,220
                                                 ============   ============
Supplemental schedule of noncash investing 
  and financial activities:
    Assets acquired under capital lease          $    275,368          -----
                                                 ============   ============


  The accompanying notes are an integral part of these financial statements.



              CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.
                  NOTES TO FINANCIAL STATEMENTS (UNAUDITED)


(1)  Basis of Presentation

      The information for the three months ended November 30, 1996 and 1995 is
unaudited,  but  in the opinion of management, reflects all adjustments, which
are  of a normal recurring  nature,  necessary  for  a  fair  presentation  of
financial  position  and  results  of operations for the interim periods.  The
accompanying financial statements should  be  read  in  conjunction  with  the
financial  statements  and  notes  thereto  contained  in the Company's Annual
Report on Form 10-K for the fiscal year ended August 31, 1996.

      The results of operations for the three months ended  November  30, 1996
are  not  necessarily  indicative  of  the results to be expected for the full
fiscal year ending August 31, 1997.


                   MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                FINANCIAL CONDITION AND RESULTS OF OPERATIONS

General Overview

      The Company experienced comparable  store sales declines of 15.9% during
the quarter ended November 30, 1996 as compared  to the same period last year,
continuing  a  trend  that began in the third quarter  of  fiscal  1995.   The
decline in comparable store  sales reflects the combined impact of the general
weakness in the retail consumer electronics industry, increased competition in
many of the Company's principal  markets, a slowdown in the development of new
products in consumer electronic categories  and  reduced  spending  levels  of
consumers for non-essential goods due to record high debt levels.

      The  relatively  soft  level  of  consumer  demand  within  the consumer
electronics  and  appliance  industry  has  created  a highly competitive  and
promotional  climate,  which,  in  turn,  has  had a negative  impact  on  the
Company's gross profit margins.  Another factor  causing the Company's margins
to decline during the quarter ended November 30, 1996  was  a change in vendor
incentives,  with  vendors  generally  offering  lower levels of rebates.   In
addition  to  the  softness  of  consumer demand and lower  levels  of  vendor
rebates, the Company has also experienced a continued  shift in  product sales 
to the personal computer and  home  office categories, which  are lower margin
items.

      As previously disclosed, the poor performance of the retail industry and
the Company over an extended period  led  management  during  fiscal  1996  to
review  the Company's operations and to explore methods to improve operational
efficiency  and  reduce  costs.   To that end, the Company implemented several
initiatives designed to improve the Company's operations.  Although management
is satisfied that these measures have  begun  and  will  continue  to  have  a
positive  impact on the Company's performance, retail industry conditions have
continued to  deteriorate,  leading  management  to  conclude during the first
quarter of fiscal 1997 that a comprehensive review of the Company's operations
was appropriate.  During the first quarter, management  began a comprehensive
study of the Company's operations  to determine  measures that are most likely 
to achieve an improvement in the performance of the Company.

      This  process is expected to take several months  to  complete,  and  no
recommendations have been developed thus far.  Following development  of  such  
recommendations, the Company's  board will determine  which measures, if  any,
are  appropriate to incorporate into an overall business plan for the Company.
Although the overall plan is not yet complete,  management  has  determined to
close two of the Company's under performing  stores during the second  quarter
of fiscal 1997, and the  possibility  exists that other significant changes to 
the Company's operations could be implemented following this review.

      As discussed  in "Liquidity and Capital Resources," the Company recently
secured from its lenders and the providers of its floor plan financing waivers
of its non-compliance  with  certain  financial  covenants  contained  in  its
financing  instruments.   In addition, the Company was successful in achieving
an amendment of the financial  covenants  to  be  in  line  with the Company's
fiscal  1997  budget.   However,  to secure these waivers and amendments,  the
Company was required by the banks to  accelerate  the  maturity  date  of  its
revolving  credit  and  term  facility  to  September 1, 1997.  As a practical
matter, this will require the Company to secure  a  replacement line of credit
and term loan facility prior to the end of fiscal 1997.  The information to be
obtained from the Company's comprehensive review of its operations is expected
to help ensure that the Company will be in a position  to  obtain  the  timely
necessary replacement of its debt arrangements.


Results of Operations

      The  following table sets forth, for the periods indicated, the relative
percentages that certain income and expense items bear to net sales:

                                                 Three Months Ended
                                                 ------------------
                                              November 30,   November 30,
                                                 1996           1995
Net sales                                       100.0%         100.0%
Cost of sales                                    80.4           77.4
                                                -----          -----   
Gross profit                                     19.6           22.6
Selling, general and administrative expense      21.0           21.7
                                                -----          -----  
Operating income (loss)                          (1.4)           0.9

Interest expense                                 (0.6)          (0.6)
Interest income                                   0.0            0.0
Other income, net                                 0.0            0.2
                                                 ----           ----
                                                 (0.6)          (0.4)
                                                 ----           ---- 
Income (loss) before income taxes                (2.0)           0.5
Income tax expense (benefit)                     (0.8)           0.2
                                                 ----           ----
Net income (loss)                                (1.2)%          0.3%
                                                 ====           ====

Three Months Ended November 30, 1996 as Compared to Three Months Ended 
 November 30, 1995

      Net sales for the three months ended November 30, 1996  decreased  16.7%
to  $65.8  million  compared  to  $79.0  million  for the same period in 1995.
Comparable retail store sales for the three months  ended  November  30,  1996
decreased  by 15.9%.  The decline in sales reflects the combined impact of the
general weakness  in  the  retail  consumer  electronics  industry,  increased
competition  in  many  of  the Company's principal markets, a slowdown in  the
development of new products  in  consumer  electronic  categories  and reduced
spending  levels of consumers for non-essential goods due to record high  debt
levels.

      Extended  warranty  revenue  recognized  under  the straight-line method
(applicable to those extended warranty contracts sold prior to August 1, 1995)
was $1.7 million and $2.4 million for the quarters ended November 30, 1996 and
1995, respectively.  Extended warranty expenses for these  same  periods  were
$1.1  million  and  $1.5 million, respectively, before any allocation of other
selling, general and  administrative  expenses.   Since  August  1,  1995, the
Company has sold to an unaffiliated third party all extended warranty  service
contracts sold by the Company to customers on or after such date.  The Company
records the sale of these contracts, net of any related sales commissions  and
the  fees paid to the third party, as a component of net sales and immediately
recognizes  revenue  upon  the  sale  of such contracts.  Although the Company
sells these contracts at a discount, the  amount  of the discount approximates
the   cost  the  Company  would  incur  to  service  these  contracts,   while
transferring  the  full  obligation for future services to a third party.  Net
revenue from extended warranty  contracts  sold  to  the  third  party for the
quarters  ended November 30, 1996 and 1995 was $1.9 million and $2.6  million,
respectively,  representing a  decrease  of  28%  in  total  warranty  revenue
recognized  (both  under the straight-line method  and from sales to the third
party) from the same period in 1995.

      Gross  profit  for  the  three  months ended November 30, 1996 was $12.9
million or 19.6% of net sales as compared  to  $17.9  million, or 22.6% of net
sales  for  the  comparable  period  in  the  prior  year.  The  gross  profit
percentage  decrease  was  primarily driven by a combination  of  soft  demand
affecting the retail industry generally, increased competition (both in number
of competitors and corresponding  increased price competition) and a change by
vendors  in the type of incentive programs  offered,  with  vendors  generally
offering lower levels of rebates.  In addition, the Company also experienced a
continued  shift in product  sales  to  the personal  computer and home office 
categories, which are lower margin items.

      Selling, general and administrative expenses were $13.8 million or 21.0%
of net sales for the three months ended November 30, 1996 as compared to $17.1
million, or 21.7% of net sales  for  the  comparable period in the prior year.
This percentage decrease was primarily due  to  increased   vendor  funding to
offset advertising  expenses, as well as an increase  as a percentage of sales 
in promotional and other fees derived from the  Company's private label credit
card program as such fees remained constant in an environment of declining net 
sales.  The Company also experienced  a decrease in  the  amortization of pre-
opening expenses, due  to the  fact that no new stores  have been opened since
August 1995.

      The Company's  effective  income  tax  rate  was 38.0% and 37.9% for the
three months ended November 30, 1996 and 1995, respectively.

      Net  loss  for the three months ended November 30, 1996 was $806,000 (or
$.14 per share)  compared  to net income of $275,000 (or $.05 per share) for
the same period in the prior  fiscal  year.   The first quarter loss reflects
the impact of intense competition in a weak retail industry and the other 
factors that had a negative impact on gross profits as discussed above.  Poor 
results from two stores that management has decided to close contributed 38% 
of the Company's net loss for the 1996 period. 


Liquidity and Capital Resources

      Net cash used in operating activities was $7.5  million  for  the  three
months  ended  November  30,  1996,  as  compared  to  cash  used in operating
activities of $1.6 million for the three months ended November  30, 1995.  The
use  of  cash  in  both  periods was primarily due to increases in merchandise
inventory and  receivables  which  were  not  completely offset by the related
increase in accounts payable as the Company prepared for the Christmas selling 
season.  The increase in cash used for the 1996 period over the 1995 period 
was due to the Company's prepayment of borrowings under its floor plan 
financing arrangements to take advantage of the more favorable interest rate 
under its bank line of credit facility.  As  of November 30, 1996, the Company 
used several "floor plan" finance companies  to  finance the majority of its 
merchandise purchases.  The Company has an aggregate borrowing limit with 
these finance companies of approximately $105 million and it collateralizes 
the outstanding borrowings with merchandise inventory and certain receivables.  
Payment terms under these agreements range from 50 to 120 days.  In  addition,  
the  Company finances inventory purchases through open-account arrangements 
with various vendors.  As of November 30, 1996, the Company was not in 
compliance with certain of the financial covenants contained in one of its 
floor plan financing arrangements, but the Company has secured a waiver of 
these covenants from the finance company.

      The Company's long-term debt as of November 30, 1996 consisted of two 
term loans, one  with a  financial institution and the other with three banks.  
The principal balance of the term loan with the financial institution,  which 
was $4.1 million at November 30, 1996, accrues interest, payable monthly,  at  
the average weekly yield of 30 Day Commercial paper plus 1.80% (7.19% at 
November 30, 1996) with the balance of all outstanding principal due and 
payable at maturity on August 30, 2002.  Outstanding amounts pursuant to this
agreement are collateralized  by the furniture, fixtures and equipment of the  
Company.  Under its terms as of November 30, 1996, the term loan with the 
banks accrues interest, payable quarterly, at the Prime Rate, with the balance 
of all outstanding principal due and payable at maturity on August 31, 1998.  
Outstanding amounts pursuant to  this  agreement  are collateralized by the  
Company's real estate.  The outstanding principal balance and applicable 
interest rate on this term loan as of November 30, 1996 were $15.3 million and
8.25% (the Prime Rate), respectively.  

      As part of the agreement with the banks, as of November 30, 1996 the 
Company also  has available to it a $10 million line of credit.  This line of 
credit accrues interest at the same rate as the bank term loan; however, 
interest is payable monthly.  As of November 30, 1996, the Company had 
borrowings of $9.3 million outstanding on the line of credit.  During periods 
of peak purchasing, the Company uses this line of credit to finance purchases.  

      Both of these loan facilities contain certain restrictive covenants 
which require the Company to maintain minimum tangible net worth, as well as
maximum debt to tangible net worth and minimum fixed charge coverage ratios.  
The  term  loan with the banks also contains a provision which prohibits the 
Company from paying dividends on its common stock.  As of November 30, 1996, 
the Company was  not in compliance with certain of the covenants contained in 
the bank term loan and the line of credit facility, but the Company has 
secured waivers  of these covenants from the banks.

      On December 1, 1996, the term loan and line of credit facility  with the
banks was amended to (i) accelerate the maturity date on both facilities  from
August 31, 1998 to September 1, 1997, (ii) decrease the amount available under
the  line of credit to $5 million from January 1, 1997 through maturity, (iii)
provide   waivers  of  the  Company's  noncompliance  with  certain  financial
covenants for  August  31,  1996 and the first quarter of fiscal 1997, suspend
certain  financial  covenants  through  maturity  and  amend  other  financial
covenants in line with the Company's  fiscal  1997 budget and (iv) add certain
inventory collateral to secure both facilities.   The Company paid a small fee
to  secure  the  waivers  and  also  agreed to an increase  in  the  quarterly
commitment fee payable on unfunded amounts  under the line of credit facility.
As a result of this amendment, it will be necessary  for the Company to secure
a replacement line of credit and term loan facility prior to the end of fiscal
1997.

     Management believes that it will be able to timely replace this facility 
on terms that, in the aggregate,  would  not be materially more onerous than  
those  contained in the current facility  and  that  the initiatives it 
implemented  in  fiscal  1996,  the  recently  begun comprehensive  study of 
its operations and the amendment to  the  credit facility should,  given  
enough time to be fully implemented, enable the Company to reduce its 
operating  costs  and  become  more  efficient and eventually  improve its 
financial performance if the overall  conditions of the industry  stabilize.   
However,  the performance of the Company's retail industry sector has been 
weak for  a  considerable period of time and  any  continued  deterioration 
in retail industry conditions could materially impair the Company's ability  
to  replace  its  bank credit facility at levels necessary to sustain the 
Company's current  level  of operations  or at the current  interest  rate  
of  such facility.  In addition,  the possibility  exists  that significant
changes  to  the Company's operations could be implemented following the 
receipt  of  the results  of  the  current  comprehensive  study, and no 
assurance can be given that measures that have already been implemented or 
any measures that may be implemented following the current study will be 
effective in improving the Company's performance.

              
      During  the  three months ended November 30, 1996 and 1995 the Company's
net cash provided by  financing  activities was $9.1 million and $3.3 million,
respectively.  The primary source  of cash during these periods was borrowings
under short-term borrowing arrangements.

      The  Company  incurred capital expenditures  of  $670,000  and  $238,000
during the three months  ended  November  30,  1996  and  1995,  respectively,
primarily  in  connection  with equipment purchases and leasehold improvements
funded with short-term borrowings.

      In addition to its available line of credit discussed above, the Company
believes  that its existing funds  and  its  vendor  and  inventory  financing
arrangements  are  sufficient  to  satisfy  its  expected cash requirements in
fiscal 1997 and, assuming a replacement for the bank  term  loan  and  line of
credit  facility  is  secured  by  the end of fiscal 1997, for the foreseeable
future.

Impact of Inflation

      In management's opinion, inflation  has not had a material impact on the
Company's financial results for the three months  ended  November 30, 1996 and
1995.  Technological advances coupled with increased competition  have  caused
prices on many of the Company's products to decline.  Those products that have
increased  in  price  have  in  most  cases  done  so in proportion to current
inflation rates.  Management does not anticipate that  inflation  will  have a
material impact on the Company's financial results in the future.

                         PART II.  OTHER INFORMATION

Item 1.  Legal Proceedings

      There  have  been no material developments during the three months ended
November 30, 1996.

Item 6.  Exhibits and Reports on Form 8-K

      (a)  Exhibits
         
         3.1  Amended and  Restated Articles  of Incorporation of the  Company
              (1), as amended by  Articles of Amendment dated  January 3, 1995
              (2).
              
         3.2  Composite By-laws of the Company, as of October 4, 1996.
         
         10.1 Second  Amended and  Restated Campo  Electronics, Appliances and
              Computers,  Inc. 1992 Stock Incentive  Plan  dated  January  12,
              1996(3), as amended by Amendment No. 1 dated October 4, 1996.
         
         27.1 Financial Data Schedule
         __________
         (1)  Incorporated by reference from the Company's Registration 
              Statement on Form S-1 (Registration No. 33-56796) filed with the
              Commisssion on January 6, 1993.

         (2)  Incorporated by reference from the Company's Quarterly Report on
              Form 10-Q for the fiscal quarter ended February 28, 1995.

         (3)  Incorporated  by  reference  from the Company's Annual Report on
              Form 10-K for the fiscal year ended August 31, 1996.

         __________

      (b)  Reports on Form 8-K.
         No reports on Form 8-K have been filed  during the three months ended
         November 30, 1996.



              CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.


                                  SIGNATURES


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.


                        CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.


January 14, 1997        /s/ Anthony P. Campo
                        -----------------------------------
                        Anthony P. Campo
                        Chairman of the Board, Chief Executive Officer, 
                        and Director


                        /s/ Wayne J. Usie
                        -----------------------------------
                        Wayne J. Usie
                        Chief Financial Officer and Secretary



                                EXHIBIT INDEX

                                                                 SEQUENTIALLY
EXHIBIT NO.                   DESCRIPTION                        NUMBERED PAGE
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   3.1        Amended and  Restated Articles  of Incorporation 
              of the Company (1), as amended by  Articles of 
              Amendment dated  January 3, 1995(2).
 
   3.2        Composite By-laws of the Company, as of October 
              4, 1996.

  10.1        Second  Amended and Restated  Campo Electronics, 
              Appliances and Computers, Inc. 1992 Stock Incentive  
              Plan dated January 12, 1996(1), as amended by 
              Amendment No. 1 dated October 4, 1996.

  27.1        Financial Data Schedule
___________

(1)  Incorporated by reference from the Company's Registration 
     Statement on Form S-1 (Registration No. 33-56796) filed with the
     Commisssion on January 6, 1993.

(2)  Incorporated by reference from the Company's Quarterly Report on
     Form 10-Q for the fiscal quarter ended February 28, 1995.

(3)  Incorporated  by  reference  from the Company's Annual Report on
     Form 10-K for the fiscal year ended August 31, 1996.