EXHIBIT 10.19

                              CONSULTING AGREEMENT

      THIS CONTRACT  made as of the 10th day of September,  1998, by and between
European Micro Holdings,  Inc. ("European Micro"), a Nevada corporation,  having
offices at 6073 N.W.  167th Street,  Miami,  Florida,  and The Equity Group Inc.
("Equity"),  a New York  corporation,  having  offices at 800 Third Avenue,  New
York, New York.

   
      WHEREAS,  European  Micro  desires to secure the  services  of Equity as a
consultant and Equity desires to provide such services to European Micro.

      NOW, THEREFORE,  in consideration of the mutual promises contained herein,
the parties hereto agree as follows:
    

      1.  Equity   hereby   agrees  that  it  will   render   financial   public
relations/investor  relations  services to European  Micro.  These services were
fully outlined in a Proposal to European Micro dated September 8, 1998, which is
attached hereto and incorporated.

      2. The Term of this  Contract  shall  commence on  September  15, 1998 and
shall  continue,  unless  sooner  terminated  by  European  Micro or  Equity  in
accordance with Paragraph 9 hereof until September 14, 2000.

      3.

         (a) In  consideration  of the services to be rendered and  performed by
Equity during the term of this  Contract,  European  Micro will pay Equity Seven
Thousand Two Hundred and Fifty Dollars ($7,250) upon the signing of the Contract
for the first month of services and Seven Thousand Two Hundred and Fifty Dollars
($7,250) per month at the beginning of each  subsequent  month of the consulting
period.

         (b) Upon the execution of this  Contract,  European Micro will grant to
Equity an option under the Company's 1998 Stock  Incentive Plan to purchase five
thousand  (5,000)  shares of common stock at Ten Dollars  ($10.00) per share and
such option shall become exercisable on September 10, 1999. In addition,  in the
event this  Contract is not  terminated in  accordance  with  Paragraph 9 hereof
prior to September  10, 1999,  European  Micro will grant to Equity on September
10, 1999 an option to purchase an  additional  five thousand  (5,0000  shares of
common stock at the closing  price of the common  stock on  September  10, 1999.
Such option shall become exercisable on September 10, 2000.

         (c) Equity shall also be reimbursed  for all  reasonable  and necessary
out-of-pocket   expenses  incurred  in  the  performance  of  its  duties,  upon
presentation of monthly statements.




<PAGE>

         (d) In the event Equity arranges for a financing,  acquisition, merger,
corporate sale,  business  combination or similar such  transaction for European
Micro or in the  event  Equity  introduces  European  Micro to any of the  above
transactions  through an  intermediary,  including but not limited to investment
banking firms, brokers, etc. (with such arrangements and introductions  possibly
occurring  in the course of Equity's  financial  public  relations  activities),
European  Micro shall pay a separate and additional fee to Equity at the time of
closing of such transaction(s), in accordance with applicable industry standards
and mutually upon by Equity and European Micro prior to such closing(s).

      4. Equity will use its best efforts to perform these services for European
Micro  consistent with and  specifically  recognizing  Equity's  commitments and
obligations to other businesses for which it performs services.

      5. Simultaneous with the execution of this Contract the parties will enter
into a Confidentiality Agreement (attached hereto).

      6. As a consultant for European Micro,  Equity must at all times rely upon
the accuracy and completeness of the information supplied to Equity by officers,
directors,  agents and employees of European Micro. European Micro hereby agrees
that in the event Equity or any of its officers,  directors, agents or employees
is a party or is  threatened to be made a party to or is involved in any action,
suit or proceeding,  whether civil,  criminal,  administrative  or investigative
(hereinafter  a  "proceeding"),  or to  the  extent  that  Equity  or  any  such
indemnified  person is a witness in any  proceeding,  by reason of the fact that
Equity is or was serving as a consultant to European Micro, whether the basis of
such  proceeding is alleged  action or inaction in such capacity as a consultant
or in any other  capacity  while  serving  as a  consultant,  Equity or any such
person shall be indemnified  and held harmless by European Micro, to the fullest
extent  permitted  by  applicable  law,  against all costs,  charges,  expenses,
liabilities  and  losses  (including  attorneys'  fees,  judgments,   fines,  or
penalties and amounts paid or to be paid in settlement)  reasonably  incurred or
suffered  by  Equity  or any  such  person  in  connection  therewith,  and such
indemnification  shall continue as to Equity or any such person after Equity has
ceased to be a  consultant  to European  Micro and shall inure to the benefit of
the successors,  heirs, executors and administrators or such persons;  provided,
however,  that European  Micro shall not be required to indemnify  Equity or any
such  person if Equity or any such  person,  as the case may be,  was  guilty of
negligence or misconduct.  Equity or any such  indemnified  party shall have the
right to be paid by European  Micro the expenses  incurred in defending any such
proceeding in advance of its final  disposition.  This right to  indemnification
and the right to payment of expenses  incurred  in  defending  a  proceeding  in
advance of its final disposition shall not be exclusive of any other right which
Equity may have.

      7. Equity agrees to indemnify,  hold harmless and defend  European  Micro,
its  directors,  officers,  employees  and agents  from and  against any and all
claims,  actions,   proceedings,   losses,   liabilities,   costs  and  expenses
(including,  without limitation,  reasonable attorneys' fees) incurred by any of

                                       2
<PAGE>

them in  connection  with or as the result of any  negligence  or  misconduct by
Equity or any of its  directors,  officers,  employees or agents,  in connection
with the performance of Equity's services pursuant to this Contract.

      8. In the event an action or proceeding is commenced  with respect to this
Contract,  the  prevailing  party shall be entitled to receive  payment from the
other party of its legal fees and expenses.

      9. This  Contract  may be  terminated  by European  Micro or Equity on the
first year anniversary date of the commencement of services,  upon 30 days prior
written  to such  effect.  In the event  European  Micro or Equity  elects to so
terminate this Contract:  (a) European Micro shall be obligated to pay to Equity
fees and expense  reimbursements  with respect to the period through the date of
such  termination;  (b) Equity shall forfeit the Option to purchase 5,000 shares
for the second year of services;  and (c) the  provisions  of Paragraphs 5, 6, 7
and 8 shall survive such termination and continue in full force and effect.

      10. This Contract will not be assigned  (including by operation of law) by
either party hereto and shall be interpreted  under the laws of the State of New
York.

      IN WITNESS WHEREOF,  the parties hereto have executed this Contract on the
date above written.



THE EQUITY GROUP INC.                       EUROPEAN MICRO HOLDINGS, INC.

By:                                         By:
   --------------------                        ------------------------