SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                  --------------------------------------------
                                 F O R M  10-Q

 
                   Quarterly Report Under Section 13 or 15(d)
                     of the Securities Exchange Act of 1934
                  -------------------------------------------


For Quarter Ended March 31, 1999                   Commission File Number 0-7282
                   

                            COMPUTER HORIZONS CORP.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


           New York                                         13-2638902
-------------------------------                       ----------------------
(State or other jurisdiction of                          (I.R.S. Employer
incorporation or organization)                        Identification Number)

        49 Old Bloomfield Avenue, Mountain Lakes, New Jersey 07046-1495
--------------------------------------------------------------------------------
(Address of principal executive offices)                          (Zip code)

       Registrant's telephone number, including area code (973) 299-4000
                                                          --------------

                                 Not Applicable
            -------------------------------------------------------
            (Former name, former address and former fiscal year, if
                           changed since last report)

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  twelve 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   [   ]

As  of  May  12,  1999,  the  issuer  had  30,470,022  shares  of  common  stock
outstanding.
<PAGE>
                             COMPUTER HORIZONS CORP.


                                      Index


                                                     

   Part I            Financial Information

                     Consolidated Balance Sheets
                     March 31, 1999 and December 31, 1998        

                     Consolidated Statements of Income
                     Three Months Ended
                     March 31, 1999 and 1998                     

                     Condensed Consolidated Statements of
                     Cash Flows  -  Three Months Ended
                     March 31, 1999 and 1998                     

                     Notes to Consolidated Financial Statements  

                     Management's Discussion and Analysis
                     of Financial Condition and Results of
                     Operations                                  

   Part II           Other Information                           

                     Signatures                                  



<PAGE>
<TABLE>
<CAPTION>
COMPUTER HORIZONS CORP. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS (Unaudited)

                                                                March 31,  December 31,
                                                                  1999         1998
                                                                --------     --------
                                                               (dollars in thousands)
<S>                                                             <C>          <C>     
ASSETS
CURRENT ASSETS:
  Cash and cash equivalents ...............................     $ 22,673     $ 51,796
  Short term investments ..................................        2,450       11,259
  Accounts receivable, net of allowance for doubtful
    accounts of $4,223,000 and $3,209,000 at March 31, 1999
    and December 31, 1998, respectively ...................      172,523      135,447
  Deferred income tax benefit .............................        5,582        4,987
  Other ...................................................        1,910        2,049
                                                                --------     --------
          TOTAL CURRENT ASSETS ............................      205,138      205,538

PROPERTY AND EQUIPMENT ....................................       32,157       26,469
  Less accumulated depreciation ...........................       15,059       11,141
                                                                --------     --------
                                                                  17,098       15,328

OTHER ASSETS - NET:
  Goodwill ................................................       65,123       66,315
  Deferred income tax benefit .............................        1,650         1348
  Other ...................................................        8,939        7,523
                                                                --------     --------
          TOTAL OTHER ASSETS ..............................       75,712       75,186

TOTAL ASSETS ..............................................     $297,948     $296,052
                                                                ========     ========


LIABILITIES AND SHAREHOLDERS' EQUITY
CURRENT LIABILITIES:
  Accrued payroll, payroll taxes and benefits .............       23,433       24,262
  Accounts payable ........................................        4,365        5,258
  Income taxes payable ....................................       11,218        6,437
  Other accrued expenses ..................................        3,945       10,821
                                                                --------     --------
          TOTAL CURRENT LIABILITIES .......................       42,961       46,778

LONG-TERM DEBT ............................................         --            --

OTHER LIABILITIES .........................................        4,282        2,740
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COMPUTER HORIZONS CORP. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS (Unaudited)

                                                                March 31,  December 31,
                                                                  1999         1998
                                                                --------     --------
                                                               (dollars in thousands)
<S>                                                             <C>          <C>     
SHAREHOLDERS' EQUITY:
  Preferred stock, $.10 par;  authorized and unissued
    200,000 shares,  including 50,000 Series A
  Common stock, $.10 par, authorized 100,000,000 shares;
    issued  32,351,580 shares at March 31, 1999 and
    December 31, 1998 .....................................        3,235        3,235
  Additional paid-in capital ..............................      128,821      128,821
  Accumulated comprehensive income ........................         -725         -762
  Retained earnings .......................................      132,925      123,943
                                                                 264,256      255,237
  Less shares held in treasury, at cost; 1,381,558
    shares and 1,061,662 shares at March 31, 1999 and
    December 31, 1998, respectively .......................       13,551        8,703
                                                                --------     --------
          TOTAL SHAREHOLDERS' EQUITY ......................      250,705      246,534


TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY ................     $297,948     $296,052
                                                                ========     ========
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
COMPUTER HORIZONS CORP. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
                                                                                    THREE MONTHS ENDED
                                                                MARCH 31, 1999                               MARCH 31, 1998
                                                                     (dollars in thousands, except per share data)
<S>                                                 <C>                      <C>            <C>                           <C>     
REVENUES:
    IT Services ................................    $    132,066              95.6%          $    107,974                   96.8% 
    Products ...................................           6,075               4.4%                 3,538                    3.2% 
                                                    ------------             -----           ------------                  -----  
                                                         138,141             100.0%               111,512                  100.0% 
COSTS AND EXPENSES:                                                                                                               
     Direct costs - Services ...................          89,680              64.9%                70,155                   62.9% 
     Direct costs - Products ...................           1,040               0.8%                   593                    0.5% 
     Selling, general and                                                                                                         
        administrative .........................          31,133              22.5%                24,439                   21.9% 
    Merger-related expenses ....................               0               0.0%                 1,328                    1.2%
                                                    ------------             -----           ------------                  -----  
                                                         121,853              88.2%                96,515                   86.6% 

INCOME FROM OPERATIONS .........................          16,288              11.8%                14,997                   13.4% 
OTHER INCOME (expense):                                                                                                           
     Interest income ...........................             438               0.3%                 1,374                    1.2% 
     Interest expense ..........................            (172)             (0.1%)                  (41)                   0.0% 
     Equity in Joint Venture net earnings (loss)               0               0.0%                    (9)                  (0.1%)
                                                    ------------             -----           ------------                  -----  
                                                             266               0.2%                 1,243                    1.1% 

INCOME BEFORE INCOME TAXES .....................          16,554              12.0%                16,240                   14.5% 
INCOME TAXES:                                                                                                                     
     Current ...................................           7,928               5.7%                 7,927                    7.1% 
     Deferred ..................................            (893)             (0.6%)                 (324)                  (0.3%)
                                                    ------------             -----           ------------                  -----  
                                                           7,035               5.1%                 7,603                    6.8% 

NET INCOME .....................................    $      9,519               6.9%          $      8,637                    7.7% 
EARNINGS PER SHARE:                                                                                                               
    Basic ......................................    $       0.30                             $       0.28                         
    Diluted ....................................    $       0.30                             $       0.27                         
WEIGHTED AVERAGE NUMBER OF                                                                                                        
SHARES OUTSTANDING:                                                                                                               
    Basic ......................................      31,221,000                               30,714,000                         
    Diluted ....................................      31,833,000                               32,278,000                         
</TABLE>                                                       
<PAGE>
<TABLE>
<CAPTION>
COMPUTER HORIZONS CORP. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS  (Unaudited)

                                                           Three Months Ended
                                                          March 31,    March 31,
                                                           1999          1998
                                                             (in thousands)
<S>                                                       <C>             <C>  
CASH FLOWS FROM OPERATING ACTIVITIES ...............      (28,397)        2,062
                                                          -------       -------

CASH FLOWS FROM INVESTING ACTIVITIES
   Sales/(Purchases) of short-term investments .....        8,809        (8,437)
   Purchases of property and equipment .............       (2,771)       (2,875)
   (Increase) decrease in other assets .............       (1,416)         (465)
   Repurchase of common stock ......................       (6,578)         --
                                                          -------       -------
                                                           (1,956)      (11,777)
                                                          -------       -------

CASH FLOWS FROM FINANCING ACTIVITIES
   Increase/(decrease) in long-term debt ...........           --        (1,402)
   Stock options exercised .........................        1,193         1,632
                                                          -------       -------
                                                            1,193           230
                                                          -------       -------
   Foreign currency gain ...........................           37            74
                                                          -------       -------


NET DECREASE IN CASH AND CASH EQUIVALENTS ..........      (29,123)       (9,411)

CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR .....       51,796        92,086
                                                          -------       -------

CASH AND CASH EQUIVALENTS AT END OF PERIOD .........       22,673        82,675


</TABLE>
<PAGE>
                             COMPUTER HORIZONS CORP.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                 For the Quarters Ended March 31, 1999 and 1998


         The  information  furnished  reflects  all  adjustments  which,  in the
opinion  of the  Company,  are  necessary  to present  fairly  its  consolidated
financial  position and the results of its  operations  and changes in financial
position for the periods indicated.

         Reference is made to the Company's annual financial  statements for the
year ended  December 31, 1998,  for a description  of the  accounting  policies,
which have been continued without change. Also refer to the footnotes with those
annual statements for additional details of the Company's  financial  condition,
results of operations and changes in cash flows. The details in those notes have
not changed except as a result of normal transactions in the interim.

         The results of operations for 1998 have been retroactively  adjusted to
reflect the  acquisition of Spargo  Consulting PLC, which has been accounted for
as a pooling of interests.

         Earnings per Share:  Basic  Earnings Per Share  ("EPS") is based on the
weighted average number of common shares  outstanding  without  consideration of
common stock  equivalents.  Diluted  earnings per share is based on the weighted
average  number  of  common  and  common  equivalent  shares  outstanding.   The
calculation  takes into  account the shares that may be issued upon  exercise of
stock  options,  reduced by the shares  that may be  repurchased  with the funds
received from the exercised, based on the average price during the year.

         The  computation of diluted  earnings per share  excludes  options with
exercise prices greater than the average market price.  During 1999,  there were
approximately  1,136,000 excluded options outstanding at March 31, 1999, with an
average  exercise  price of  approximately  $21.37  per  share.  All  options to
purchase  shares of common  stock were  included in the  computation  of diluted
earnings per share in 1998.

         In accordance with SFAS No.128, the table below presents both basic and
diluted earnings per share:
<PAGE>
<TABLE>
<CAPTION>
                                                                Three Months
                                                               Ended March 31,
                                                             1999           1998
                                                        -----------     -----------
<S>                                                     <C>             <C>        
Numerator:
         Net income ...............................     $     9,519     $     8,637

Denominator:
         Denominator for basic earnings per share
            Weighted average shares outstanding ...      31,221,000      30,714,000

Effect of stock options ...........................         612,000       1,564,000

Dilutive potential earnings per share:
         Denominator for diluted earnings per share
            Adjusted weighted average shares
            outstanding and assumed conversions ...      31,833,000      32,278,000

Basic earnings per share ..........................     $      0.30     $      0.28

Diluted earnings per share ........................     $      0.30     $      0.27

</TABLE>
Segment Information
-------------------

The Company has  identified  two  segements:  IT Services and Products.  Segment
information  for revenues and operating  income (which consists of income before
income taxes,  excluding net interest  income and  amortization  of intangibles)
consisted of the following:
<TABLE>
<CAPTION>
                                                            Three Months
                                                           Ended March 31,
                                                      -------------------------
                                                        1999              1998
<S>                                                    <C>               <C>   
Revenue
         IT Services ......................           132,066           107,974
         Products .........................             6,075             3,538
         Corporate and other ..............              --                --
TOTAL .....................................           138,141           111,512

Operating Income
         IT Services ......................            15,979            15,371
         Products            
          (excluding one time merger related
           expenses in 1998)...............             1,501               688 
         Corporate and other ..............              --                 (90)
TOTAL .....................................            17,480            15,969

</TABLE>
<PAGE>
Subsequent Events
-----------------

        At the Company's  annual  meeting of  shareholders  on May 5, 1999,  the
shareholders approved the creation of an employee stock purchase plan. The plan,
which qualifies under section 423 of the Internal  Revenue Service Code,  allows
employees to purchase  shares of the  Company's  common stock  through  periodic
payroll deductions.

        On May 10, 1999, the Company acquired all the common stock of Integrated
Computer Management ("ICM"), a New Jersey-based  solutions company that provides
technology   consulting,   packaged  software  integration,   customer  software
development,   systems   integration  and  advanced  learning   solutions.   The
acquisition will be accounted for as a purchase.
<PAGE>
                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

                 For the Quarters Ended March 31, 1999 and 1998


     Revenues. Revenues increased to $138.1 million in the first quarter of 1999
from $111.5  million in the first  quarter of 1998, an increase of $26.6 million
or 23.9%. Total IT Services revenues, including Year 2000 revenues, increased to
$132.0  million in the first  quarter of 1999 from  $108.0  million in the first
quarter of 1999,  an increase of $24.0 million or 22.2%.  IT Services  revenues,
excluding Year 2000  services,  increased to $114.0 million in the first quarter
of 1999 from $74.8  million in the first  quarter of 1998,  an increase of $39.2
million or 52.4%. Year 2000 services revenues  decreased to $18.0 million in the
first  quarter  of 1999 from  $33.2  million  in the first  quarter  of 1998,  a
decrease of $15.2 million or 45.8%.  The Company's Year 2000 business  accounted
for 13% of total  revenues  in the first  quarter  of 1999  versus  30% of total
revenues in the first quarter of 1998. The Company's product revenues  increased
to $6.1  million  for the first  quarter of 1999 from $3.5  million in the first
quarter of 1998, an increase of $2.6 million or 74.3%.

    Direct Costs.  Direct costs  increased to $90.7 million in the first quarter
of 1999 from $70.7 million in the first quarter of 1998.  Gross margin decreased
to 34.3% in the first  quarter of 1999 from 36.6% in the first  quarter of 1998.
The  decrease  in gross  margin  was  primarily  due to  stable  margins  in the
Company's  staffing  business and a decrease in the Company's higher margin Year
2000 business. The Company's margins are subject to fluctuations due to a number
of factors,  including the level of salary and other  compensation  necessary to
attract and retain qualified technical personnel, and the mix of staffing versus
solutions business during a particular quarter.

    Selling,  General and  Administrative.  Selling,  general and administrative
expenses (excluding  merger-related  expenses) increased to $31.1 million in the
first  quarter of 1999 from  $24.4  million  in the first  quarter  of 1998,  an
increase of $6.7 million or 27.5%. As a percentage of revenues, selling, general
and administrative expenses increased slightly to 22.5% of revenues in the first
quarter  of 1999 from  22.0% of  revenues  in the  first  quarter  of 1998.  The
increase  in  dollars  in  selling,  general  and  administrative  expenses  was
primarily  a result  of  salaries  and  commissions  for  additional  sales  and
recruiting  personnel and, to a lesser extent,  growth in the Company's  general
and  administrative  infrastructure.  In the first quarter of 1998,  the Company
incurred  merger-related  expenses of  approximately  $1.3  million,  or 1.2% of
revenues.

     Income from Operations.  Operating  margins decreased to 11.8% in the first
quarter of 1999 from 13.4% in the first quarter of 1998.  These  decreases  were
primarily  due to decreases in the Company's  higher margin Year 2000  business.
The  Company's  business  is  labor-intensive  and,  as such,  is  sensitive  to
inflationary  trends.  This sensitivity applies to client billing rates, as well
as to payroll costs.

     Other Income.  Other income  decreased to $0.3 in the first quarter of 1999
from $1.2 million in the first quarter of 1998, a decrease of $0.9 million. This
decrease was  primarily  the result of  decreased  interest  income,  due to the
Company  spending  approximately  $50.4 million to complete  three  acquisitions
during the third quarter of 1998.
<PAGE>
        Provision  for Income Taxes.  The effective tax rate for Federal,  state
and local  income  taxes was 42.5% and 46.8% for the first  quarter  of 1999 and
1998,  respectively.   The  higher  1998  rate  was  primarily  due  to  certain
non-deductible merger-related expenses incurred during the quarter.

        Net Income.  Net income  increased to $9.5 million for the first quarter
of 1999 from $8.6  million  for the first  quarter of 1998,  an increase of $0.9
million or 10.5%.  Net income per share (diluted) was $0.30 versus $0.27 for the
first quarter of 1999 and 1998, respectively.

        Liquidity  and Capital  Resources.  At March 31,  1999,  the Company had
$162.2  million  in working  capital,  of which  $25.1  million  was cash,  cash
equivalents and short-term investments.  There were no borrowings under its bank
lines of credit.

        Net cash used by operating  activities in the first three months of 1999
was $28.4 million,  consisting  primarily of an increase in accounts receivable,
offset  in part by net  income.  The  increase  in  accounts  receivable  is due
primarily to invoicing delays caused by a recent  implementation  of an internal
ERP  system.  During  the first  three  months  of 1998,  net cash  provided  by
operating  activities  was $2.1  million,  consisting  primarily  of net income,
offset in part by an increase in accounts  receivable,  largely due to growth in
the Company's solutions business.

         Net cash used in investing activities in the first three months of 1999
was $2.0 million,  consisting  primarily of the  repurchase of 510,000 shares of
the Company's common stock, as well as purchases of equipment, offset in part by
sales of short-term investments. During the first three months of 1998, net cash
used in  investing  activities  was $11.8  million,  consisting  of purchases of
short-term investments and equipment purchases.

         Net cash provided by financing  activities in the first three months of
1999 was $1.2 million consisting primarily of cash received from the exercise of
stock  options.  Net cash provided by financing  activities was $0.2 million for
the first three months of 1998, as proceeds received from stock option exercises
exceeded the amount of repayment of long-term debt.

         At March 31, 1999,  the Company had a current ratio  position of 4.8 to
1, no long-term debt and no outstanding borrowings under its two unsecured lines
of  credit.  The  Company  believes  that  its cash  and  cash  equivalents  and
short-term  investments,  lines of credit and internally generated funds will be
sufficient to meet its working capital needs through 1999.

         Year 2000

        The Year 2000 issue is the result of  computer  programs  being  written
using two digits rather than four to define the  applicable  year. Any company's
computer  programs or  hardware  that have  date-sensitive  software or embedded
chips may  recognize  a date  using "00" as the year 1900  rather  than the year
2000. This could result in system failure or miscalculations causing disruptions
of operations  including,  among other things, a temporary  inability to process
transactions,  send invoices,  or engage in similar normal business  activities.
The Company's  plan to resolve the Year 2000 issue  involves the following  four
phases: assessment, remediation, testing and implementation.

        The  assessment  phase included an examination of all systems that could
be  significantly  affected by the Year 2000. With the completion of this phase,
it was concluded that many of the Company's significant  information  technology
systems could be affected,  particularly  in the time capture and billing areas.
<PAGE>
Concurrently,    a   review    was   being    conducted    to   select   a   new
accounting/information  system to support the future growth of the Company. As a
result,  as part of the remediation  phase,  the Company chose a new system that
addressed, among other areas, Year 2000 compliance.  Following extensive testing
procedures,  including Year 2000  compliance,  the new system was implemented in
late  1998.  Subsidiaries  operating  with  independent   accounting/information
systems are already  compliant  or will  transfer  financial  operations  to the
Company's core business system by the Year 2000.

         The Company has  utilized  both  internal  and  external  resources  to
implement the new  accounting/information  system. The total cost of the project
is  estimated at  $6.8  million, of which  approximately  $6.0  million  will be
capitalized. The project is being funded through operating cash flows.

         The Company has queried and  continues to monitor Year 2000  compliance
of all significant  outside vendors and service providers.  To date, the Company
is not aware of any outside vendor with a Year 2000 issue that would  materially
impact the Company's results of operations. However, the Company has no means of
ensuring  that  external  vendors  will be Year 2000  ready.  The  inability  of
external  vendors to  complete  their Year 2000  resolution  process in a timely
fashion could materially impact the Company.

        As described above, the Company believes it has an effective  program in
place to resolve the Year 2000 issue in a timely  manner.  However,  there is no
guarantee  that  possible  "worst  case" Year 2000  issues of  outside  vendors,
suppliers and customers would not impact the Company.  In addition,  disruptions
in the economy generally  resulting from Year 2000 issues could adversely affect
the  Company.  The amount of  potential  liability  and lost  revenue  cannot be
reasonably estimated at this time.

         The Company has contingency plans for certain critical applications and
is working on such plans for others.  These  contingency  plans  involve,  among
other actions, manual workarounds and adjusting staffing strategies.

     Certain   Disclosures.   This  report  contains   certain   forward-looking
statements  for  purposes  of  the  "safe  harbor"  provisions  of  the  Private
Securities  Litigation  Reform Act of 1995 that involve risks and  uncertainties
that could cause actual results to differ materially.  Such statements are based
upon,  among  other  things,  assumptions  made by,  and  information  currently
available to management,  including  management's own knowledge and assesment of
the Company's industry and competition.
<PAGE>

                            PART II Other Information



Item 6.

         b) One report on Form 8-K has been filed  during the  quarter for which
this report is filed.  This form was filed on March 17, 1999 to restate  certain
financial  schedules of the  Company's  1997 Form 10-K  filing,  pursuant to the
Company's acquisition of Spargo Consulting, PLC in June, 1998.

<PAGE>

                                   Signatures

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


                                     COMPUTER HORIZONS CORP.
                                         (Registrant)



DATE:       May 14, 1999             /s/John J. Cassese
            ------------             ------------------ 
                                     John J. Cassese, Chairman of the Board
                                     and President


DATE:       May 14, 1999             /s/William J. Murphy
            ------------             --------------------- 
                                     William J. Murphy, Executive Vice President
                                     and Chief Financial Officer
                                     (Principal Financial Officer)


DATE:       May 14, 1999             /s/Michael J. Shea
            ------------             ------------------- 
                                     Michael J. Shea
                                     Vice President and Controller
                                     (Principal Accounting Officer)