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 July 5, 2002


                                       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  0-20022


                        POMEROY COMPUTER RESOURCES, INC.
                        --------------------------------
             (Exact name of registrant as specified in its charter)


               DELAWARE                                    31-1227808
               --------                                    ----------
(State or jurisdiction of incorporation                  (IRS  Employer
            or organization)                           Identification No.)


                     1020 Petersburg Road, Hebron, KY 41048
                     --------------------------------------
                    (Address of principal executive offices)


                                 (859) 586-0600
                                 --------------
              (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
requirements  for  the  past  90  days.

YES  X   NO
   ----    ----
The  number  of  shares  of  common  stock  outstanding as of August 1, 2002 was
12,846,761


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<PAGE>
<TABLE>
<CAPTION>
                                        POMEROY COMPUTER RESOURCES, INC.

                                               TABLE OF CONTENTS

Part I.    Financial Information

           Item 1.                Financial Statements:                                               Page
                                                                                                      ----
<S>        <C>                    <C>                                                                 <C>

                                  Consolidated Balance Sheets as of
                                  January 5, 2002 and July 5, 2002                                       3

                                  Consolidated Statements of Income for
                                  The Three Months Ended July 5, 2001
                                  and July 5, 2002                                                       5

                                  Consolidated Statements of Income for
                                  the Six Months Ended July 5, 2001 and
                                  2002                                                                   6

                                  Consolidated Statements of Cash Flows
                                  for the Six Months Ended July 5, 2001 and 2002                         7

                                  Notes to Consolidated Financial
                                  Statements                                                             8

           Item 2.                Management's Discussion and Analysis of
                                  Financial Condition and Results of
                                  Operations                                                            14

Part II.   Other Information                                                                            18

SIGNATURE                                                                                               19
</TABLE>


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<TABLE>
<CAPTION>
                        POMEROY  COMPUTER  RESOURCES,  INC.

                            CONSOLIDATED BALANCE SHEETS

(in thousands)                                                   January 5,   July 5,
                                                                    2002        2002
                                                                 -----------  --------
<S>                                                              <C>          <C>
ASSETS

Current assets:
  Cash  . . . . . . . . . . . . . . . . . . . . . . . . . . . .  $     2,875  $  1,390

Accounts receivable:
  Trade, less allowance of $627 and $1,145 at January 5, 2002
    and July 5, 2002, respectively. . . . . . . . . . . . . . .      142,356   123,088
  Vendor receivables, less allowance of $16,112 at both
    January 5, 2002 and July 5, 2002. . . . . . . . . . . . . .       24,219    17,267
  Net investment in leases  . . . . . . . . . . . . . . . . . .       35,809     3,359
  Other . . . . . . . . . . . . . . . . . . . . . . . . . . . .        5,413     3,595
                                                                 -----------  --------
         Total receivables. . . . . . . . . . . . . . . . . . .      207,797   147,309
                                                                 -----------  --------

Inventories . . . . . . . . . . . . . . . . . . . . . . . . . .       20,876    20,961
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . .        8,468     9,765
                                                                 -----------  --------
         Total current assets . . . . . . . . . . . . . . . . .      240,016   179,425
                                                                 -----------  --------

Equipment and leasehold improvements:
  Furniture, fixtures and equipment . . . . . . . . . . . . . .       29,920    31,412
  Leasehold improvements. . . . . . . . . . . . . . . . . . . .        5,700     5,772
                                                                 -----------  --------
        Total . . . . . . . . . . . . . . . . . . . . . . . . .       35,620    37,184

  Less accumulated depreciation . . . . . . . . . . . . . . . .       17,070    17,123
                                                                 -----------  --------
      Net equipment and leasehold improvements. . . . . . . . .       18,550    20,061
                                                                 -----------  --------

Net investment in leases. . . . . . . . . . . . . . . . . . . .       22,438     1,620
Goodwill. . . . . . . . . . . . . . . . . . . . . . . . . . . .       57,454    60,109
Intangible assets . . . . . . . . . . . . . . . . . . . . . . .        1,060       700
Other assets. . . . . . . . . . . . . . . . . . . . . . . . . .        2,200     1,955
                                                                 -----------  --------
         Total assets . . . . . . . . . . . . . . . . . . . . .  $   341,718  $263,870
                                                                 ===========  ========
</TABLE>

                See notes to consolidated financial statements.


                                    3 of 19
<PAGE>
<TABLE>
<CAPTION>
                        POMEROY COMPUTER RESOURCES, INC.

                           CONSOLIDATED BALANCE SHEETS

(in thousands)                                                 January 5,   July 5,
                                                                  2002        2002
                                                               -----------  --------
<S>                                                            <C>          <C>
LIABILITIES AND EQUITY

Current Liabilities:
  Current portion of notes payable. . . . . . . . . . . . . .  $    27,190  $  3,293
  Accounts payable. . . . . . . . . . . . . . . . . . . . . .       86,447    46,373
  Bank notes payable. . . . . . . . . . . . . . . . . . . . .       11,882         -
  Deferred revenue. . . . . . . . . . . . . . . . . . . . . .        2,751     2,415
  Other current liabilities . . . . . . . . . . . . . . . . .       11,908    10,026
                                                               -----------  --------
     Total current liabilities. . . . . . . . . . . . . . . .      140,178    62,107
                                                               -----------  --------

Notes payable . . . . . . . . . . . . . . . . . . . . . . . .       10,213       664
Deferred taxes. . . . . . . . . . . . . . . . . . . . . . . .          565         -

Equity:
  Preferred stock, $.01 par value; authorized 2,000 shares
  (no shares issued or outstanding) . . . . . . . . . . . . .            -         -
  Common stock, $.01 par value; authorized 20,000 shares
  (12,759 and 12,847 shares issued at January 5, 2002 and
  July 5, 2002, respectively. . . . . . . . . . . . . . . . .          128       128
  Paid in capital . . . . . . . . . . . . . . . . . . . . . .       80,487    81,534
  Retained earnings . . . . . . . . . . . . . . . . . . . . .      110,979   120,269
                                                               -----------  --------
                                                                   191,594   201,931

  Less treasury stock, at cost (75 shares at January 5, 2002
   and July 5, 2002). . . . . . . . . . . . . . . . . . . . .          832       832
                                                               -----------  --------
  Total equity. . . . . . . . . . . . . . . . . . . . . . . .      190,762   201,099
                                                               -----------  --------
  Total liabilities and equity. . . . . . . . . . . . . . . .  $   341,718  $263,870
                                                               ===========  ========
</TABLE>

                See notes to consolidated financial statements.


                                    4 of 19
<PAGE>
<TABLE>
<CAPTION>
                   POMEROY COMPUTER RESOURCES, INC.

                  CONSOLIDATED STATEMENTS OF INCOME

(in thousands, except per share data)       Three Months Ended
                                         ------------------------
                                           July 5,      July 5,
                                            2001         2002
                                         -----------  -----------
<S>                                      <C>          <C>
Net sales and revenues:
  Sales-equipment, supplies and leasing. $  170,102   $  162,923
  Service. . . . . . . . . . . . . . . .     35,234       33,657
                                         -----------  -----------
    Total net sales and revenues . . . .    205,336      196,580
                                         -----------  -----------

Cost of sales and service:
  Sales-equipment, supplies and leasing.    154,706      149,342
  Service. . . . . . . . . . . . . . . .     25,487       23,136
                                         -----------  -----------
    Total cost of sales and service . .     180,193      172,478
                                         -----------  -----------

         Gross margin . . . . . . . . .      25,143       24,102
                                         -----------  -----------

Operating expenses:
  Selling, general and administrative .      14,244       13,111
  Rent expense  . . . . . . . . . . . .         891          849
  Depreciation  . . . . . . . . . . . .       1,181        1,151
  Amortization  . . . . . . . . . . . .       1,370          225
  Provision for doubtful accounts . . .          60          500
  Restructuring charge  . . . . . . . .           -          487
                                         -----------  -----------
         Total operating expenses . . .      17,746       16,323
                                         -----------  -----------

Income from operations. . . . . . . . .       7,397        7,779
                                         -----------  -----------

Other expense (income):
  Interest expense  . . . . . . . . . .         484          199
  Miscellaneous . . . . . . . . . . . .         (42)          (6)
                                         -----------  -----------
         Net other expense. . . . . . .         442          193
                                         -----------  -----------

  Income before income tax  . . . . . .       6,955        7,586
  Income tax expense  . . . . . . . . .       2,712        2,959
                                         -----------  -----------

  Net income  . . . . . . . . . . . . .  $    4,243   $    4,627
                                         ===========  ===========

Weighted average shares outstanding:
  Basic . . . . . . . . . . . . . . . .      12,591       12,743
                                         ===========  ===========
  Diluted . . . . . . . . . . . . . . .      12,673       12,872
                                         ===========  ===========

Earnings per common share:
  Basic . . . . . . . . . . . . . . . .  $     0.34   $     0.36
                                         ===========  ===========
  Diluted . . . . . . . . . . . . . . .  $     0.33   $     0.36
                                         ===========  ===========
</TABLE>

                See notes to consolidated financial statements.


                                    5 of 19
<PAGE>
<TABLE>
<CAPTION>
                 POMEROY COMPUTER RESOURCES, INC.

                 CONSOLIDATED STATEMENTS OF INCOME

(in thousands, except per share data)       Six Months Ended
                                         ----------------------
                                           July 5,     July 5,
                                            2001        2002
                                         -----------  ---------
<S>                                      <C>          <C>
Net sales and revenues:
  Sales-equipment, supplies and leasing  $  332,076   $316,376
  Service . . . . . . . . . . . . . . .      68,956     66,552
                                         -----------  ---------
    Total net sales and revenues  . . .     401,032    382,928
                                         -----------  ---------

Cost of sales and service:
  Sales-equipment, supplies and leasing     300,645    289,178
  Service . . . . . . . . . . . . . . .      50,496     45,828
                                         -----------  ---------
    Total cost of sales and service . .     351,141    335,006
                                         -----------  ---------

         Gross margin . . . . . . . . .      49,891     47,922
                                         -----------  ---------

Operating expenses:
  Selling, general and administrative .      29,022     26,924
  Rent expense  . . . . . . . . . . . .       1,808      1,764
  Depreciation  . . . . . . . . . . . .       2,287      2,327
  Amortization  . . . . . . . . . . . .       2,716        496
  Provision for doubtful accounts . . .          60        500
  Litigation settlement . . . . . . . .       1,000          -
  Restructuring charge  . . . . . . . .           -        487
                                         -----------  ---------
         Total operating expenses . . .      36,893     32,498
                                         -----------  ---------

Income from operations. . . . . . . . .      12,998     15,424
                                         -----------  ---------

Other expense (income):
  Interest expense  . . . . . . . . . .       1,365        325
  Miscellaneous . . . . . . . . . . . .        (119)        (8)
                                         -----------  ---------
         Net other expense. . . . . . .       1,246        317
                                         -----------  ---------

  Income before income tax  . . . . . .      11,752     15,107
  Income tax expense  . . . . . . . . .       4,583      5,817
                                         -----------  ---------

  Net income  . . . . . . . . . . . . .  $    7,169   $  9,290
                                         ===========  =========

Weighted average shares outstanding:
  Basic . . . . . . . . . . . . . . . .      12,584     12,720
                                         ===========  =========
  Diluted . . . . . . . . . . . . . . .      12,691     12,832
                                         ===========  =========

Earnings per common share:
  Basic . . . . . . . . . . . . . . . .  $     0.57   $   0.73
                                         ===========  =========
  Diluted . . . . . . . . . . . . . . .  $     0.56   $   0.72
                                         ===========  =========
</TABLE>

                See notes to consolidated financial statements.


                                    6 of 19
<PAGE>
<TABLE>
<CAPTION>
                        POMEROY COMPUTER RESOURCES, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)                                        Six Months Ended
                                                    ----------------------
                                                     July 5,     July 5,
                                                       2001        2002
                                                    ----------  ----------
<S>                                                 <C>         <C>
Cash Flows from Operating Activities:
  Net income . . . . . . . . . . . . . . . . . . .  $   7,169   $   9,290
  Adjustments to reconcile net income to net cash
   flows from operating activities:
   Depreciation. . . . . . . . . . . . . . . . . .      3,577       2,841
   Amortization. . . . . . . . . . . . . . . . . .      2,716         496
   Deferred income taxes . . . . . . . . . . . . .       (300)     (1,251)
   Loss on sale of fixed assets. . . . . . . . . .      1,217         597
   Stock option extension. . . . . . . . . . . . .        265           -
   Changes in working capital accounts, net of
   effect of acquisitions/divestitures:
       Receivables . . . . . . . . . . . . . . . .     22,911      25,307
       Inventories . . . . . . . . . . . . . . . .      6,620        (391)
       Prepaids. . . . . . . . . . . . . . . . . .      2,068      (1,686)
       Net investment in leases. . . . . . . . . .      2,967         790
       Accounts payable. . . . . . . . . . . . . .      3,896     (36,150)
       Deferred revenue. . . . . . . . . . . . . .     (4,395)       (336)
       Income tax payable. . . . . . . . . . . . .     (1,648)     (3,269)
       Other, net. . . . . . . . . . . . . . . . .      1,399       1,425
                                                    ----------  ----------
Net operating activities . . . . . . . . . . . . .     48,462      (2,337)
                                                    ----------  ----------

Cash Flows from Investing Activities:
  Capital expenditures . . . . . . . . . . . . . .     (2,560)     (6,130)
  Proceeds from sale of fixed assets . . . . . . .          -         434
  Proceeds from sale of leasing segment. . . . . .          -      21,716
  Acquisition of subsidiary companies, net of
   cash acquired and investment in intangibles . .     (3,375)       (848)
                                                    ----------  ----------
Net investing activities . . . . . . . . . . . . .     (5,935)     15,172
                                                    ----------  ----------

Cash Flows from Financing Activities:
  Payments under notes payable . . . . . . . . . .    (12,469)     (8,385)
  Proceeds under notes payable . . . . . . . . . .      8,446       4,900
  Net payments under bank notes payable. . . . . .    (37,410)    (11,883)
  Proceeds from exercise of stock options. . . . .        262         810
  Proceeds from employee stock purchase plan . . .        274         238
                                                    ----------  ----------
  Net financing activities . . . . . . . . . . . .    (40,897)    (14,320)
                                                    ----------  ----------

Increase (decrease) in cash. . . . . . . . . . . .      1,630      (1,485)
Cash:
   Beginning of period . . . . . . . . . . . . . .      1,097       2,875
                                                    ----------  ----------
   End of period . . . . . . . . . . . . . . . . .  $   2,727   $   1,390
                                                    ==========  ==========
</TABLE>

                See notes to consolidated financial statements.


                                    7 of 19
<PAGE>
                        POMEROY COMPUTER RESOURCES, INC.

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1.   Basis  of  Presentation

     The consolidated financial statements have been prepared in accordance with
     generally  accepted accounting principles for interim financial information
     and  with  the  instructions to Form 10-Q and Rule 10-01 of Regulation S-X.
     Except  as  disclosed  herein,  there  has  been  no material change in the
     information  disclosed  in  the  notes to consolidated financial statements
     included  in  the  Company's  Annual Report on Form 10-K for the year ended
     January  5, 2002. In the opinion of management, all adjustments (consisting
     of  normal  recurring  accruals)  necessary  for a fair presentation of the
     interim  period have been made. The results of operations for the six-month
     period  ended  July  5,  2002 are not necessarily indicative of the results
     that  may  be  expected  for  future interim periods or for the year ending
     January  5,  2003.

2.   Cash  and  Bank  Notes  Payable

     The  Company  maintains  a  sweep  account with its bank whereby daily cash
     receipts  are  automatically  transferred  as payment towards the Company's
     credit  facility.  As  of January 5, 2002, bank notes payable includes $3.4
     million  of overdrafts in accounts with a participant bank to the Company's
     credit  facility. These amounts were subsequently funded through the normal
     course  of  business.

3.   Earnings  per  Common  Share

     The following is a reconciliation of the number of shares used in the basic
     EPS  and  diluted  EPS  computations: (in thousands, except per share data)

                                Three Months Ended July 5,
                         ---------------------------------------
                               2001                 2002
                         -------------------  ------------------
                                  Per Share           Per Share
                         Shares    Amount     Shares    Amount
                         ------  -----------  ------  ----------
     Basic EPS           12,591  $     0.34   12,743  $     0.36
     Effect of dilutive
       Stock options         82       (0.01)     129           -
                         ------  -----------  ------  ----------
     Diluted EPS         12,673  $     0.33   12,872  $     0.36
                         ======  ===========  ======  ==========


                                 Six Months Ended July 5,
                         ---------------------------------------
                               2001                 2002
                         -------------------  ------------------
                                  Per Share            Per Share
                         Shares    Amount     Shares    Amount
                         ------  -----------  ------  ----------
     Basic EPS           12,584  $     0.57   12,720  $    0.73
     Effect of dilutive
       Stock options        107       (0.01)     112      (0.01)
                         ------  -----------  ------  ----------
     Diluted EPS         12,691  $     0.56   12,832  $    0.72
                         ======  ===========  ======  ==========


4.   Goodwill  and  Other  Intangible  Assets-Adoption  of  Statement  142


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<PAGE>
     On July 20, 2001, the Financial Accounting Standards Board issued Statement
     of  Financial Accounting Standards ("SFAS") 141, Business Combinations, and
     SFAS  142,  Goodwill  and  Intangible Assets. SFAS 141 is effective for all
     business  combinations completed after June 30, 2001. SFAS 142 is effective
     for  fiscal  years  beginning  after  December  15,  2001; however, certain
     provisions  of this Statement apply to goodwill and other intangible assets
     acquired  between  July  1,  2001 and the effective date of SFAS 142. Major
     provisions  of  these  Statements and their effective dates for the Company
     are  as  follows:

       -          All  business  combinations initiated after June 30, 2001 must
          use  the purchase method of accounting. The pooling of interest method
          of  accounting  is prohibited except for transactions initiated before
          July  1,  2001.
       -          Intangible  assets  acquired in a business combination must be
          recorded  separately  from  goodwill if they arise from contractual or
          other  legal  rights or are separable from the acquired entity and can
          be  sold,  transferred,  licensed,  rented  or  exchanged,  either
          individually  or  as  part  of a related contract, asset or liability.
       -          Goodwill,  as well as intangible assets with indefinite lives,
          acquired after June 30, 2001, will not be amortized. Effective January
          6, 2002, all previously recognized goodwill and intangible assets with
          indefinite  lives  will  no  longer  be  subject  to  amortization.
       -          Effective January 6, 2002, goodwill and intangible assets with
          indefinite  lives  will be tested for impairment annually and whenever
          there  is  an  impairment  indicator.
       -          All  acquired goodwill must be assigned to reporting units for
          purposes  of  impairment  testing.

     The  Company  adopted  SFAS  142  in  the first quarter of fiscal 2002. The
     Company  has  determined that all its intangible assets have definite lives
     and  will  continue  to  amortize  these assets over their estimated useful
     lives.  As  a result, the Company has recognized no transitional impairment
     loss in the first quarter of fiscal 2002 in connection with the adoption of
     SFAS  142  for  intangible  assets with indefinite lives. For the first six
     months  of  fiscal  2002,  the  Company  no  longer  amortized  goodwill in
     accordance  with  SFAS  142.  The Company has completed a transitional fair
     value  based  impairment  test  of  goodwill  as of January 6, 2002 and has
     determined  no impairment loss in the carrying amount of its goodwill. As a
     result,  the  Company has recognized no transitional impairment loss in the
     first six months of fiscal 2002 in connection with the adoption of SFAS 142
     for  goodwill with indefinite lives. The Company will review its intangible
     assets and goodwill for impairment in accordance with SFAS 144, "Accounting
     for  the  Impairment  of  Long-Lived Assets and for Long-Lived Assets to Be
     Disposed  Of".


     Intangible  assets  consist  of  the  following:

<TABLE>
<CAPTION>
(in thousands)                    Gross                      Net       Gross                      Net
                                Carrying    Accumulated   Carrying   Carrying    Accumulated   Carrying
                                 Amount    Amortization    Amount     Amount    Amortization    Amount
                                1/5/2002     1/5/2002     1/5/2002   7/5/2002     7/5/2002     7/5/2002
                                ---------  -------------  ---------  ---------  -------------  ---------
<S>                             <C>        <C>            <C>        <C>        <C>            <C>
Amortized intangible assets:
  Covenants not to compete      $   1,171  $         653  $     518  $   1,225  $         884  $     341
  Customer lists                      477            236        241        477            271        206
  Intangibles                         564            263        301        564            411        153
                                ---------  -------------  ---------  ---------  -------------  ---------
  Total amortized intangibles   $   2,212  $       1,152  $   1,060  $   2,266  $       1,566  $     700
                                =========  =============  =========  =========  =============  =========
</TABLE>


                                    9 of 19
<PAGE>
     Projected  future  amortization  expense  related to intangible assets with
     definite  lives  are  as  follows:


     (in  thousands)
     Fiscal  Years:
            2002      $   315     July 6, 2002 - January 5, 2003
            2003          234
            2004          118
            2005           33
            2006            -
                      -------
            Total     $   700
                      =======


     For  the  quarter  ended  July  5,  2001,  amortization  expense related to
     goodwill  was  $1,084 thousand. Amortization expense related to intangibles
     assets  was  $171  thousand  of  which  $74 thousand was reported under the
     caption  "cost of sales" or "selling, general and administrative" expenses.
     Amortization  expense  associated  with  assets  reported under the caption
     "other  current  assets"  was  $189  thousand.

     For  the  quarter  ended  July  5,  2002, there was no amortization expense
     related to goodwill. Amortization expense related to intangibles assets was
     $225  thousand.

     For  the  six  months  ended  July 5, 2001, amortization expense related to
     goodwill  was  $2,144 thousand. Amortization expense related to intangibles
     assets  was  $302  thousand  of  which $108 thousand was reported under the
     caption  "cost of sales" or "selling, general and administrative" expenses.
     Amortization  expense  associated  with  assets  reported under the caption
     "other  current  assets"  was  $378  thousand.

     For  the  six  months ended July 5, 2002, there was no amortization expense
     related to goodwill. Amortization expense related to intangibles assets was
     $413 thousand of which $71 thousand was reported under the caption "cost of
     sales"  or  "selling,  general  and  administrative" expenses. Amortization
     expense  associated  with  assets reported under the caption "other current
     assets"  was  $154  thousand.

     The changes in the net carrying amount of goodwill for the six months ended
     July  5,  2002  by  segment  are  as  follows:


<TABLE>
<CAPTION>

     (in thousands)                              Products   Services   Consolidated
                                                 ---------  ---------  -------------
<S>                                              <C>        <C>        <C>
     Net carrying amount as of 1/5/02            $  40,812  $  16,642  $      57,454
     Goodwill recorded during first six months       1,347      1,308          2,655
                                                 ---------  ---------  -------------
     Net carrying amount as of 7/5/02            $  42,159  $  17,950  $      60,109
                                                 =========  =========  =============
</TABLE>


                                    10 of 19
<PAGE>
<TABLE>
<CAPTION>
Pro forma net income and net income per share exclusive of amortization expense
are as follows:

     (in thousands, except per share data)    Three Months Ended July 5,
                                            -----------------------------
                                                2001            2002
                                            -------------  --------------
<S>                                         <C>            <C>
     Reported net income                    $       4,243  $        4,627
     Add back:  Goodwill amortization                 661               -
                                            -------------  --------------
     Adjusted net income                    $       4,904  $        4,627
                                            =============  ==============

     Basic earnings per share:
     Reported net income                    $        0.34  $         0.36
     Goodwill amortization                           0.05               -
                                            -------------  --------------
     Adjusted net income                    $        0.39  $         0.36
                                            =============  ==============

     Diluted earnings per share:
     Reported net income                    $        0.33  $         0.36
     Goodwill amortization                           0.05               -
                                            -------------  --------------
     Adjusted net income                    $        0.38  $         0.36
                                            =============  ==============
</TABLE>

<TABLE>
<CAPTION>
     (in thousands, except per share data)    Six Months Ended July 5,
                                            ---------------------------
                                               2001           2002
                                            -----------  --------------
<S>                                         <C>          <C>
     Reported net income                    $     7,169  $        9,290
     Add back:  Goodwill amortization             1,308               -
                                            -----------  --------------
     Adjusted net income                    $     8,477  $        9,290
                                            ===========  ==============

     Basic earnings per share:
     Reported net income                    $      0.57  $         0.73
     Goodwill amortization                         0.10               -
                                            -----------  --------------
     Adjusted net income                    $      0.67  $         0.73
                                            ===========  ==============

     Diluted earnings per share:
     Reported net income                    $      0.56  $         0.72
     Goodwill amortization                         0.10               -
                                            -----------  --------------
     Adjusted net income                    $      0.66  $         0.72
                                            ===========  ==============
</TABLE>


                                    11 of 19
<PAGE>
5.   Supplemental  Cash  Flow  Disclosures

     Supplemental disclosures with respect to cash flow information and non-cash
     investing  and  financing  activities  are  as  follows:  (in  thousands)

<TABLE>
<CAPTION>
                                               Six Months Ended July 5,
                                             ---------------------------
                                                 2001          2002
                                             -----------  --------------
<S>                                          <C>          <C>
     Interest paid                           $     1,754  $          297
                                             ===========  ==============
     Income taxes paid                       $     4,416  $       10,336
                                             ===========  ==============
     Adjustments to purchase price
      of acquisition assets and intangibles  $       594  $        1,861
                                             ===========  ==============

     Business combinations accounted for
     as purchases:
       Assets acquired                       $     3,375  $            -
       Liabilities assumed                             -               -
       Notes payable                                   -               -
                                             -----------  --------------
       Net cash paid                         $     3,375  $            -
                                             ===========  ==============
</TABLE>


6.   Litigation

     On  April  13,  2001,  the Company agreed to a settlement of the litigation
     with  FTA  Enterprises, Inc. and expensed it in the first quarter of fiscal
     2001. The settlement of $1.0 million was paid in cash in the second quarter
     of  fiscal  2001.

     There  are  various  other  legal  actions  arising in the normal course of
     business  that  have  been brought against the Company. Management believes
     these  matters  will  not  have  a material adverse effect on the Company's
     financial  position  or  results  of  operations.

7.   Segment  Information

     Summarized  financial  information  concerning  the  Company's  reportable
     segments  is  shown  in  the  following  table.  (in  thousands)

<TABLE>
<CAPTION>
                                          Three Months Ended July 5, 2001
                               --------------------------------------------------
                               Products   Services      Leasing     Consolidated
                               ---------  ---------  -------------  -------------
<S>                            <C>        <C>        <C>            <C>
Revenues                       $ 167,757  $  35,234  $       2,345  $     205,336
Income from operations             4,423      2,493            481          7,397
Total assets                     202,188     60,632         64,377        327,197
Capital expenditures               1,458         65             30          1,553
Depreciation and amortization      2,359        550            286          3,195

                                         Three Months Ended July 5, 2002
                               --------------------------------------------------
                               Products   Services   Leasing        Consolidated
                               ---------  ---------  -------------  -------------
Revenues                       $ 162,389  $  33,657  $         534  $     196,580
Income from operations             3,041      4,407            331          7,779
Total assets                     199,069     57,278          7,523        263,870
Capital expenditures               3,297      1,998              -          5,295
Depreciation and amortization      1,322        170             28          1,520
</TABLE>


                                    12 of 19
<PAGE>
<TABLE>
<CAPTION>
                                       Six Months Ended July 5, 2002
                               ---------------------------------------------
                               Products   Services   Leasing   Consolidated
                               ---------  ---------  --------  -------------
<S>                            <C>        <C>        <C>       <C>
Revenues                       $ 327,132  $  68,956  $  4,944  $     401,032
Income from operations             8,445      3,701       852         12,998
Total assets                     202,188     60,632    64,377        327,197
Capital expenditures               2,208        121       231          2,560
Depreciation and amortization      4,586      1,089       618          6,293

                                        Six Months Ended July 5, 2002
                               ---------------------------------------------
                               Products   Services   Leasing   Consolidated
                               ---------  ---------  --------  -------------
Revenues                       $ 313,142  $  66,552  $  3,234  $     382,928
Income from operations             5,734      8,375     1,315         15,424
Total assets                     199,069     57,278     7,523        263,870
Capital expenditures               3,947      2,099        84          6,130
Depreciation and amortization      2,694        437       206          3,337
</TABLE>

8.   Assets  Held  For  Sale

     On  February  28,  2002  the  Company  entered  into  a definitive purchase
     agreement  to  sell substantially all of the net assets of its wholly owned
     subsidiary  -  Technology Integration Financial Services, Inc. ("T.I.F.S.")
     to  Information  Leasing  Corporation  ("ILC"), the leasing division of the
     Provident  Bank  of  Cincinnati, Ohio. On April 16, 2002 the Company closed
     the  sale  of  a  majority  of  the  assets  of its wholly owned subsidiary
     T.I.F.S.  to  ILC.  Vincent  D.  Rinaldi, a Director of the Company, is the
     President of ILC. ILC will pay the Company book value for the net assets of
     T.I.F.S. as of April 16, 2002. The book value of the net assets of T.I.F.S.
     as  of April 16, 2002 were approximately $5.1 million. Accordingly, no gain
     or  loss  was  recognized on this transaction. In addition, ILC assumed and
     liquidated  at  the  time of the closing approximately $20.0 million of the
     Company's  debt  related  to  leased assets owed by T.I.F.S as of April 16,
     2002.  As  part  of  the  transaction,  the  Company  signed  an  exclusive
     seven-year  vendor  agreement  whereby the Company is appointed as an agent
     for  remarketing  and  reselling  of the leased equipment sold. The Company
     will  be  paid  a  commission  on future lease transactions referred to and
     accepted  by  ILC  and  will act as the remarketing and reselling agent for
     such  future  leased  equipment.

     The  following table identifies the assets and liabilities sold as of April
     16,  2002:

     (In  thousands)

     Cash                                $     (262)
     Net investment in leases                54,924
     Other                                      468
                                         -----------
       Total assets                      $   55,130
                                         ===========

     Current and long term notes payable $   29,961
     Intercompany debt                       15,857
     Other                                    4,176
                                         -----------
       Total liabilities                 $   49,994
                                         ===========

     See the Company's filing on Form 8-K dated May 1, 2002 for more information
     on  the  sale.


                                    13 of 19
<PAGE>
9.   Restructuring  Charge

     During the second quarter 2002, the Company recorded a restructuring charge
     of  $0.5  million.  The restructuring charge is related to consolidation of
     business  operations.

10.  Recent  Accounting  Pronouncements

     In  June  2002, the Financial Accounting Standards Board (FASB) issued SFAS
     No.  146,  "Accounting  for  costs  Associated  with  Exit  or  Disposal
     Activities."  This  Statement requires recording costs associated with exit
     or  disposal  activities  at  their  fair  values when a liability has been
     incurred.  Under  previous  guidance,  certain exit costs were accrued upon
     management's  commitment  to  an  exit  plan,  which is generally before an
     actual  liability  has been incurred. Adoption of the Statement is required
     with  disposal  activities  initiated  after December 31, 2002. The Company
     believes that the adoption of this Statement will not have an effect on the
     Company's financial position or results of operation as the Company has not
     presently  identified  any  activities  to  be  disposed.

11.  Subsequent  Events

     On July 25, 2002, the Board of Directors authorized a program to repurchase
     up  to  150,000  shares  of  the  Company's outstanding common stock, which
     represents  less than 1.2 % of its outstanding common stock, in open market
     purchases  made  from  time  to  time  at  the  discretion of the Company's
     management.  The  time  and extent of the repurchases will depend on market
     conditions.  The acquired shares will be held in treasury or cancelled. The
     Company  anticipates  financing the stock redemption program out of working
     capital  and  the  redemption  program will be effectuated over the next 12
     months.


         Special Cautionary Notice Regarding Forward-Looking Statements
         --------------------------------------------------------------

Certain  of the matters discussed under the caption "Management's Discussion and
Analysis  of  Financial  Condition  and  Results  of Operations" contain certain
forward  looking  statements  regarding future financial results of the Company.
The words "expect," "estimate," "anticipate," "predict," and similar expressions
are  intended  to  identify  forward-looking  statements.  Such  statements  are
forward-looking  statements  for  purposes of the Securities Act of 1933 and the
Securities  Exchange  Act of 1934, as amended, and as such may involve known and
unknown  risks,  uncertainties  and  other  factors  which  may cause the actual
results,  performance  or achievements of the Company to be materially different
from  future  results,  performance or achievements expressed or implied by such
forward-looking  statements.  Important  factors  that  could  cause  the actual
results,  performance  or  achievements of the Company to differ materially from
the  Company's  expectations  are  disclosed in this document including, without
limitation,  those  statements  made  in  conjunction  with  the forward-looking
statements  under  "Management's  Discussion and Analysis of Financial Condition
and  Results  of  Operations".  All  written  or oral forward-looking statements
attributable  to  the  Company are expressly qualified in their entirety by such
factors.

                        POMEROY COMPUTER RESOURCES, INC.
                     MANAGEMENT'S DISCUSSION AND ANALYSIS OF
                  FINANCIAL CONDITION AND RESULTS OF OPERATIONS

TOTAL  NET  SALES  AND  REVENUES.  Total  net  sales and revenues decreased $8.7
million,  or  4.2%,  to $196.6 million in the second quarter of fiscal 2002 from
$205.3  million in the second quarter of fiscal 2001. This decrease was a result
primarily  of  an industry-wide slowdown in technology spending, the decrease in
leasing  revenue  due  to the sale of Technology Integration Financial Services,
Inc.  (" T.I.F.S."), and the Company's decision to take a fee from manufacturers
related  to certain sales transactions as opposed to recording top line revenues
of  approximately  $2.8 million. Excluding acquisitions completed in fiscal year


                                    14 of 19
<PAGE>
2001,  total  net sales and revenues decreased 6.2%.  Products and leasing sales
decreased  $7.2  million,  or  4.2%  to  $162.9 million in the second quarter of
fiscal 2002 from $170.1 million in the second quarter of fiscal 2001.  Excluding
acquisitions completed in fiscal year 2001, products and leasing sales decreased
5.4%.  Service revenues decreased $1.5 million, or 4.5%, to $33.7 million in the
second quarter of fiscal 2002 from $35.2 million in the second quarter of fiscal
year  2001.  This  net  decrease  was  primarily  a  result  of an industry-wide
slowdown  in  technology  spending.  Excluding  acquisitions completed in fiscal
year  2001,  service  revenues  decreased  10.2%.

Total net sales and revenues decreased $18.1 million, or 4.5%, to $382.9 million
in the first half of fiscal 2002 from $401.0 million in the first half of fiscal
2001.  This  decrease was attributable primarily to an industry-wide slowdown in
technology  spending and the Company's decision to take a fee from manufacturers
related  to  certain sales transaction as opposed to recording top line revenues
of  approximately $10.6 million. Excluding acquisitions completed in fiscal year
2001,  total  net  sales and revenues decreased 6.6%. Products and leasing sales
decreased  $15.7 million, or 4.7%, to $316.4 million in the first half of fiscal
2002  from  $332.1  million  in  the  first  half  of  fiscal  2001.  Excluding
acquisitions completed in fiscal year 2001, products and leasing sales decreased
5.9%.  Service revenues decreased $2.4 million, or 3.5%, to $66.6 million in the
first  half  of  fiscal 2002 from $69.0 million in the first half of fiscal year
2001  for  the reasons stated in the preceding paragraph. Excluding acquisitions
completed  in  fiscal  year  2001,  service  revenues  decreased  9.6%.

GROSS  MARGINS.  Gross margin increased to 12.3% in the second quarter of fiscal
2002  as  compared to 12.2% in the second quarter of fiscal 2001.  This increase
in  gross  margin  resulted  primarily from the increase in service gross margin
associated with improved utilization of service personnel offset by the decrease
on  hardware  gross  margin.  Service  gross  margin increased to 43.7% of total
gross  margin  in  the  second  quarter  of fiscal 2002 from 38.8% in the second
quarter  of  fiscal  2001.  This  increase  in  gross  margin  is  the result of
improved  utilization  of service personnel.  Factors that may have an impact on
gross  margin  in  the future include the change in personnel utilization rates,
the  mix  of  products  sold and services provided, a change in unit prices, the
percentage  of  equipment  or  service sales with lower-margin customers and the
ratio  of  service  revenues  to  total  net  sales  and  revenues.

Gross  margin increased to 12.5% in the first half of fiscal 2002 as compared to
12.4%  in  the first half of fiscal 2001. This increase in gross margin resulted
primarily  from  the  increase  in service gross margin associated with improved
utilization  of  service  personnel  offset  by  the  decrease on hardware gross
margin.   Service  gross  margin increased to 43.4% of total gross margin in the
first  half  of  fiscal  2002  from 37.1% in the first half of fiscal 2001. This
increase  in  gross  margin  is  the  result  of improved utilization of service
personnel.   Factors  that  may  have  an  impact  on gross margin in the future
include  the change in personnel utilization rates, the mix of products sold and
services  provided,  a  change  in  unit  prices, the percentage of equipment or
service  sales  with lower-margin customers and the ratio of service revenues to
total  net  sales  and  revenues.

OPERATING  EXPENSES.  Selling,  general  and  administrative expenses (including
rent  expense  and provision for doubtful accounts) expressed as a percentage of
total  net  sales and revenues was 7.4% in the second quarter of fiscal 2002 and
2001.  Total operating expenses expressed as a percentage of total net sales and
revenues decreased to 8.3% in the second quarter of fiscal 2002 from 8.6% in the
second  quarter of fiscal 2001.  This decrease is the result of the reduction in
selling  and  administrative  staff  during  fiscal  2001 and the elimination of
amortization  expense  associated  with  the  Company's  goodwill  offset by the
increase  in the provision for doubtful accounts and the restructuring charge as
discussed  below.

Selling,  general  and  administrative  expenses  (including  rent  expense  and
provision  for  doubtful  accounts) expressed as a percentage of total net sales
and revenues decreased to 7.6% in the first half of fiscal 2002 from 7.7% in the
first  half  of  fiscal  2001.  The  decrease  is the result of the reduction in
selling  and administrative staff during the first half of fiscal 2001 offset by
the  increase  in  its reserve for doubtful accounts.   Total operating expenses
expressed  as  a percentage of total net sales and revenues decreased to 8.5% in
the first half of fiscal 2002 from 9.2% in the first half of fiscal 2001 due the
decrease in selling, general and administrative expenses as discussed above, the
elimination  of  amortization expense associated with the Company's goodwill and
the  elimination of the litigation settlement fees reported in the first quarter
of  fiscal  2001  and  offset  by  the  restructuring charge as discussed below.

LITIGATION  SETTLEMENT. On April 13, 2001, the Company agreed to a settlement of
the  litigation  with FTA Enterprises, Inc. and expensed it in the first quarter
of  fiscal  2001.  The settlement of $1.0 million was paid in cash in the second
quarter  of  fiscal  2001.


                                    15 of 19
<PAGE>
RESTRUCTURING  CHARGE.  During  the  second quarter 2002, the Company recorded a
restructuring  charge  of  $0.5 million.  The restructuring charge is related to
consolidation  of  business  operations.

INCOME FROM OPERATIONS.  Income from operations increased $0.4 million, or 5.4%,
to  $7.8  million  in the second quarter of fiscal 2002 from $7.4 million in the
second  quarter of fiscal 2001. The Company's operating margin increased to 4.0%
in  the  second quarter of fiscal 2002 as compared to 3.6% in the second quarter
of  fiscal  2001.  This  increase  is primarily due to the decrease in operating
expenses  and  the  increase  in  the  Company's  gross  margin.

Income from operations increased $2.4 million, or 18.5%, to $15.4 million in the
first  half  of fiscal 2002 from $13.0 million in the first half of fiscal 2001.
The  Company's  operating  margin  increased to 4.0% in the first half of fiscal
2002  as  compared  to  3.2% in the first half of fiscal 2001.  This increase is
primarily  due  to  the  decrease  in operating expenses and the increase in the
Company's  gross  margin.

INTEREST  EXPENSE.  Interest  expense  decreased $0.3 million, or 60.0%, to $0.2
million  in  the  second  quarter of fiscal 2002 from $0.5 million in the second
quarter of fiscal 2001.  This decrease was due to reduced borrowings as a result
of  improved  cash  flow management, the sale of T.I.F.S. and a reduced interest
rate  charged  by  the  Company's  lender.

Interest  expense decreased $1.1 million, or 78.6%, to $0.3 million in the first
half  of  fiscal  2002  from $1.4 million in the first half of fiscal 2001. This
decrease  was  due  to  reduced  borrowings  as  a  result of improved cash flow
management,  the  sale  of  T.I.F.S.  and a reduced interest rate charged by the
Company's  lender.

INCOME  TAXES.  The Company's effective tax rate was 39.0% in the second quarter
of  fiscal  2002  and  fiscal  2001.

The  Company's  effective  tax  rate  was 38.5% in the first half of fiscal 2002
compared  to  39.0%  in  the  first  half  of  fiscal  2001. The decrease in the
Company's  effective  tax  rate  results  from  lower  overall  state income tax
liability  and  the  change  in  goodwill  amortization.


NET  INCOME.  Net income increased $0.4 million, or 9.5%, to $4.6 million in the
second  quarter of fiscal 2002 from $4.2 million in the second quarter of fiscal
2001  due  to  the  factors  described  above.

Net  income  increased $2.1 million, or 29.2%, to $9.3 million in the first half
of  fiscal  2002  from  $7.2 million in the first half of fiscal 2001 due to the
factors  described  above.

                         LIQUIDITY AND CAPITAL RESOURCES

Cash  used  in operating activities was $2.3 million in the first half of fiscal
2002.  Cash  provided  by investing activities was $15.2 million, which included
$6.1  million for capital expenditures, $0.8 million for prior year acquisitions
offset  by  $0.4  million for proceeds on sale of fixed assets and $21.7 million
for  proceeds related to the sale of the leasing segment. Cash used in financing
activities  was  $14.3  million  which  included $3.5 million of net payments on
notes  payable,  $11.9 million of net payments on bank notes payable, and offset
by  $1.1  million from the exercise of stock options and employee stock purchase
plan.

A  significant  part  of  the  Company's  inventories  is financed by floor plan
arrangements  with third parties. At July 5, 2002, these lines of credit totaled
$84.0  million, including $72.0 million with Deutsche Financial Services ("DFS")
and  $12.0 million with IBM Credit Corporation ("ICC"). Borrowings under the DFS
floor  plan arrangements are made on thirty-day notes.  Borrowings under the ICC
floor  plan  arrangements  are made on either thirty-day or sixty-day notes. All
such borrowings are secured by the related inventory. Financing on substantially
all  of  the  arrangements  is  interest free due to subsidies by manufacturers.
Overall,  the  average rate on these arrangements is less than 1.0%. The Company
classifies  amounts  outstanding  under  the floor plan arrangements as accounts
payable.


                                    16 of 19
<PAGE>
The  Company's  financing  of  receivables  is provided through a portion of its
credit  facility  with DFS.  The $240.0 million credit facility has a three year
term  and  includes  $72.0  million  for inventory financing, $144.0 million for
working  capital  which  is  based  upon  accounts  receivable  financing, and a
cash-flow  component  in  the  form  of  a $24.0 million term loan, which is not
restricted to a borrowing base. The accounts receivable and term loan portion of
the credit facility carry a variable interest rate based on the London InterBank
Offering  Rate  ("LIBOR") and a pricing grid, which was 4.6% as of July 5, 2002.
At  July  5,  2002,  the  Company  did not have a balance outstanding under this
facility.  The  credit  facility  is  collateralized by substantially all of the
assets  of  the  Company,  except  those assets that collateralize certain other
financing  arrangements.  Under the terms of the credit facility, the Company is
subject  to  various  financial  covenants and restricted from paying dividends.

On  April  16,  2002, the Company closed the sale of a majority of the assets of
its  wholly owned leasing subsidiary- Technology Integration Financial Services,
Inc.  ("T.I.F.S.").  ILC  will  pay the Company book value for the net assets of
T.I.F.S.  as  of  April  16,  2002,  which  was approximately $5.1 million.   In
addition,  ILC  assumed  and liquidated at the time of the closing approximately
$20.0  million of the Company's debt related to leased assets owed by T.I.F.S as
of  April  16,  2002.

The  Company believes that the anticipated cash flow from operations and current
financing  arrangements  will  be  sufficient  to  satisfy the Company's capital
requirements  for the next twelve months. Historically, the Company has financed
acquisitions  using a combination of cash, earn outs, shares of its Common Stock
and  seller  financing. The Company anticipates that future acquisitions will be
financed  in  a  similar  manner.


                                    17 of 19
<PAGE>
                        POMEROY COMPUTER RESOURCES, INC.

                           PART II - OTHER INFORMATION

Items  1  to  3    None

Item 4  Submission  of  Matters  to  a  Vote  of  Security  Holders

On  June  13,  2002, the Company held its annual meeting of stockholders for the
following  purposes:

               1.   To  elect  nine  directors,  and;

               2.   To  approve  the  Company's 2002 Non-Qualified and Incentive
                    Stock  Option  Plan  and;

               3.   To  approve  the  Company's  2002  Outside  Director's Stock
                    Option  Plan.

          The  voting  on  the above matters by the stockholders was as follows:

          Matter
          ------

          Election  of  Directors:                 For            Withheld
          ------------------------                 ---            --------

          David  B.  Pomeroy,  II                  10,760,717     1,697,299
          James  H.  Smith  III                    11,622,771       835,245
          Michael  E.  Rohrkemper                  11,637,808       820,208
          Stephen  E.  Pomeroy                     10,768,134     1,689,882
          William  H.  Lomicka                     11,651,873       806,143
          Vincent  D.  Rinaldi                     11,637,773       820,243
          Kenneth  R.  Waters                      11,641,971       816,045
          Debra  E.  Tibey                         11,650,273       807,743
          Edward  E.  Faber                        11,649,536       808,480

          Approve the Company's 2002 Non-Qualified  6,481,827    ,891,236
          and Incentive Stock Option Plan.

     Holders  of  82,595  shares  abstained from voting and there were 3,002,358
     shares  of  Broker Non-Votes on the forgoing proposal. The number of shares
     voted  in  favor  of  the  proposal  was  sufficient  for  its  passage.


          Approve the Company's 2002 Outside       7,891,264      1,480,696
          Director's Stock Option Plan.

Holders  of  83,698 shares abstained from voting and there were 3,002,358 shares
of  Broker  Non-Votes  on  the  forgoing proposal. The Number of shares voted in
favor  of  the  proposal  was  sufficient  for  its  passage.

Item 5  None


                                    18 of 19
<PAGE>
Item 6  Exhibits  and  Reports  on  Form  8-K

     (a)  Reports  on  Form  8-K

On  May  1,  2002, the Company filed a current report on Form 8-K announcing the
closing of the sale of a majority of the assets of its wholly owned subsidiary -
Technology  Integration  Financial  Services,  Inc.  ("T.I.F.S.") to Information
Leasing  Corporation  ("ILC"),  the  leasing  division  of the Provident Bank of
Cincinnati,  Ohio.

(b)  Exhibits



11                     Computation  of  Earnings  per  Share

99.11                  Certification  pursuant to 18 U.S.C. Section 1350, as
                       adopted pursuant to Section 906 of the Sarbanes-Oxley
                       Act of 2002.





                                    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.

                                 POMEROY  COMPUTER RESOURCES,  INC.
                                 ----------------------------------
                                           (Registrant)


Date:  August 13, 2002           By:  /s/  Michael  E.  Rohrkemper

                                 Michael  E.  Rohrkemper
                                 -------------------------------------
                                 Chief  Financial  Officer  and
                                 Chief  Accounting  Officer


                                    19 of 19
<PAGE>