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 April 5, 2003

                                       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
    ---       ---

     Indicate  by  check mark whether the registrant is an accelerated filer (as
defined  in  Rule  12b-2  of  the  Exchange  Act).

YES  X     NO
    ---       ---

The  number  of  shares  of  common  stock  outstanding as of April 30, 2003 was
12,396,491


                                        1
<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, 2003 and April 5, 2003            3

                                       Consolidated Statements of Income for
                                       the Three Months Ended April 5, 2002
                                       and 2003                                     5

                                       Consolidated Statements of Cash Flows
                                       for the Three Months Ended April 5, 2002
                                       and 2003                                     6

                                       Notes to Consolidated Financial
                                       Statements                                   7

                                       Management's Discussion and Analysis of
                                       Financial Condition and Results of
                Item 2.                Operations                                  13

                                       Quantitative and Qualitative Disclosure
                Item 3.                about Market Risk                           16

                Item 4.                Controls and Procedures                     16

Part II.        Other Information                                                  17

SIGNATURE

CERTIFICATIONS                         Chief Executive Officer                     18
                                       Chief Financial Officer                     19
</TABLE>


                                        2
<PAGE>
<TABLE>
<CAPTION>
                        POMEROY COMPUTER RESOURCES, INC.

                           CONSOLIDATED BALANCE SHEETS


(in thousands)                                               April 5,   January 5,
                                                               2003        2003
                                                             ---------  -----------
                                                             Unaudited
<S>                                                          <C>        <C>

ASSETS

Current Assets:
Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . .  $  58,583  $    32,505

 Accounts receivable:
   Trade, less allowance of $1,823 and $1,553 at April 5,
      2003 and January 5, 2003, respectively. . . . . . . .     83,050       95,859
   Vendor receivables, less allowance of $3,334 at
      April 5, 2003 and January 5, 2003 . . . . . . . . . .      7,239       10,297
   Net investment in leases . . . . . . . . . . . . . . . .      1,763        1,966
   Other. . . . . . . . . . . . . . . . . . . . . . . . . .      2,160        2,775
                                                             ---------  -----------
         Total receivables. . . . . . . . . . . . . . . . .     94,212      110,897
                                                             ---------  -----------

Inventories . . . . . . . . . . . . . . . . . . . . . . . .     10,056       11,238
Other . . . . . . . . . . . . . . . . . . . . . . . . . . .      5,574       10,198
                                                             ---------  -----------
         Total current assets . . . . . . . . . . . . . . .    168,425      164,838
                                                             ---------  -----------

 Equipment and leasehold improvements:
   Furniture, fixtures and equipment. . . . . . . . . . . .     29,330       28,741
   Leasehold Improvements . . . . . . . . . . . . . . . . .      6,448        5,951
                                                             ---------  -----------
         Total. . . . . . . . . . . . . . . . . . . . . . .     35,778       34,692

   Less accumulated depreciation. . . . . . . . . . . . . .     16,753       15,393
                                                             ---------  -----------
         Net equipment and leasehold improvements . . . . .     19,025       19,299
                                                             ---------  -----------

Net investment in leases. . . . . . . . . . . . . . . . . .      1,665        1,889
Goodwill. . . . . . . . . . . . . . . . . . . . . . . . . .     64,581       60,635
Intangible assets . . . . . . . . . . . . . . . . . . . . .        617          540
Other assets. . . . . . . . . . . . . . . . . . . . . . . .      1,308        1,295
                                                             ---------  -----------
         Total assets . . . . . . . . . . . . . . . . . . .  $ 255,621  $   248,496
                                                             =========  ===========
</TABLE>

                See notes to consolidated financial statements.


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

                           CONSOLIDATED BALANCE SHEETS


(in thousands)                                                  April 5,   January 5,
                                                                  2003        2003
                                                                ---------  -----------
                                                               (unaudited)
<S>                                                             <C>        <C>

LIABILITIES AND EQUITY

Current Liabilities:
Accounts payable . . . . . . . . . . . . . . . . . . . . . . .  $  35,790  $    31,165
Current portion of notes payable . . . . . . . . . . . . . . .      1,204          541
Deferred revenue . . . . . . . . . . . . . . . . . . . . . . .      1,556        1,490
Other current liabilities. . . . . . . . . . . . . . . . . . .      8,823        8,308
                                                                ---------  -----------
       Total current liabilities . . . . . . . . . . . . . . .     47,373       41,504
                                                                ---------  -----------

Notes payable. . . . . . . . . . . . . . . . . . . . . . . . .        663            -
Deferred taxes . . . . . . . . . . . . . . . . . . . . . . . .      3,141        3,318
Commitments and contingencies. . . . . . . . . . . . . . . . .

 Equity:
   Preferred stock,  $.01 par value; authorized 2,000 shares,
      (no shares issued or outstanding). . . . . . . . . . . .          -            -
   Common stock, $.01 par value; authorized 20,000 shares,
      (12,870 and 12,869 shares issued at April 5, 2003 and
      January 5, 2003, respectively) . . . . . . . . . . . . .        129          129
   Paid in capital . . . . . . . . . . . . . . . . . . . . . .     81,774       81,740
   Retained earnings . . . . . . . . . . . . . . . . . . . . .    127,494      125,988
                                                                ---------  -----------
                                                                  209,397      207,857
    Less treasury stock, at cost (436 and 355 shares
      at April 5, 2003 and January 5, 2003, respectively). . .      4,953        4,183
                                                                ---------  -----------
         Total equity. . . . . . . . . . . . . . . . . . . . .    204,444      203,674
                                                                ---------  -----------
         Total liabilities and equity. . . . . . . . . . . . .  $ 255,621  $   248,496
                                                                =========  ===========
</TABLE>

                See notes to consolidated financial statements.


                                        4
<PAGE>
<TABLE>
<CAPTION>
                        POMEROY COMPUTER RESOURCES, INC.
                        CONSOLIDATED STATEMENTS OF INCOME


(in thousands, except per share data)       Three Months Ended
                                         ------------------------
                                           April 5,     April 5,
                                             2003         2002
                                         ------------  ----------
                                         (unaudited)   (unaudited)
<S>                                      <C>           <C>
Net sales and revenues:
 Sales-equipment, supplies and leasing.  $    99,986   $ 153,453
 Service. . . . . . . . . . . . . . . .       29,992      32,895
                                         ------------  ----------
    Total net sales and revenues. . . .      129,978     186,348
                                         ------------  ----------

Cost of sales and service:
 Sales-equipment, supplies and leasing.       92,070     139,836
 Service. . . . . . . . . . . . . . . .       21,531      22,692
                                         ------------  ----------
    Total cost of sales and service . .      113,601     162,528
                                         ------------  ----------

         Gross profit . . . . . . . . .       16,377      23,820
                                         ------------  ----------

Operating expenses:
   Selling, general and administrative.       11,687      13,813
   Rent expense . . . . . . . . . . . .          787         915
   Depreciation . . . . . . . . . . . .        1,165       1,176
   Amortization . . . . . . . . . . . .          224         271
                                         ------------  ----------
         Total operating expenses . . .       13,863      16,175
                                         ------------  ----------

Income from operations. . . . . . . . .        2,514       7,645
                                         ------------  ----------

Other expense (income):
   Interest expense . . . . . . . . . .           67         126
   Miscellaneous. . . . . . . . . . . .          (22)         (2)
                                         ------------  ----------
         Total other expense. . . . . .           45         124
                                         ------------  ----------

   Income  before income tax. . . . . .        2,469       7,521
   Income tax expense . . . . . . . . .          963       2,858
                                         ------------  ----------

   Net income . . . . . . . . . . . . .  $     1,506   $   4,663
                                         ============  ==========

Weighted average shares outstanding:
   Basic. . . . . . . . . . . . . . . .       12,451      12,698
                                         ============  ==========
   Diluted. . . . . . . . . . . . . . .       12,465      12,789
                                         ============  ==========

Earnings per common share:
   Basic. . . . . . . . . . . . . . . .  $      0.12   $    0.37
                                         ============  ==========
   Diluted. . . . . . . . . . . . . . .  $      0.12   $    0.36
                                         ============  ==========
</TABLE>

                See notes to consolidated financial statements.


                                        5
<PAGE>
                        POMEROY COMPUTER RESOURCES, INC.
                      CONSOLIDATED STATEMENTS OF CASH FLOWS

<TABLE>
<CAPTION>
(in thousands)
                                                        Three Months Ended
                                                     ------------------------
                                                       April 5,     April 5,
                                                     ------------------------
                                                         2003         2002
                                                     ------------  ----------
                                                     (unaudited)   (unaudited)
<S>                                                  <C>           <C>

Cash Flows from operating activities:
   Net income . . . . . . . . . . . . . . . . . . .  $     1,506   $   4,663
   Adjustments to reconcile net income to net cash
      flows from operating activities:
   Depreciation . . . . . . . . . . . . . . . . . .        1,163       1,366
   Amortization . . . . . . . . . . . . . . . . . .          224         343
   Deferred income taxes. . . . . . . . . . . . . .         (672)          -
   Loss on sale of fixed assets . . . . . . . . . .            -         146
Changes in working capital accounts, net of
      effects of acquisitions:
      Receivables . . . . . . . . . . . . . . . . .       20,345      24,077
      Inventories . . . . . . . . . . . . . . . . .        1,419         758
      Prepaids. . . . . . . . . . . . . . . . . . .        4,887        (431)
      Net investment in leases. . . . . . . . . . .          427       3,531
      Accounts payable. . . . . . . . . . . . . . .          612     (20,251)
      Deferred revenue. . . . . . . . . . . . . . .           66        (115)
      Income tax payable. . . . . . . . . . . . . .            -        (972)
      Other, net. . . . . . . . . . . . . . . . . .          808         154
                                                     ------------  ----------
   Net operating activities . . . . . . . . . . . .       30,785      13,269
                                                     ------------  ----------
Cash Flows from investing activities:
   Capital expenditures . . . . . . . . . . . . . .         (788)       (870)
   Proceeds from sale of fixed assets . . . . . . .            1          34
   Acquisition of subsidiary companies, net of
      cash acquired . . . . . . . . . . . . . . . .       (3,184)       (656)
                                                     ------------  ----------
   Net investing activities . . . . . . . . . . . .       (3,971)     (1,492)
                                                     ------------  ----------
Cash Flows from financing activities:
   Payments under notes payable . . . . . . . . . .            -      (8,440)
   Proceeds under notes payable . . . . . . . . . .            -       4,590
   Net payments under bank notes payable. . . . . .            -     (11,174)
   Proceeds from exercise of stock options. . . . .           34         384
   Payment for treasury stock purchase. . . . . . .         (770)          -
                                                     ------------  ----------
   Net financing activities . . . . . . . . . . . .         (736)    (14,640)
                                                     ------------  ----------

Increase (decrease) in cash . . . . . . . . . . . .       26,078      (2,863)
Cash:
   Beginning of period. . . . . . . . . . . . . . .       32,505       2,875
                                                     ------------  ----------
   End of period. . . . . . . . . . . . . . . . . .  $    58,583   $      12
                                                     ============  ==========
</TABLE>

                 See notes to consolidated financial statements.


                                        6
<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, 2003. 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
     three-month  period  ended  April 5, 2003 are not necessarily indicative of
     the results that may be expected for future interim periods or for the year
     ending  January  5,  2004.

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 April 5, 2003 and January 5, 2003, the Company did
     not  have  a  balance  outstanding  under  the  Company's  credit facility.

3.   Treasury  Stock

     On  January  29,  2003,  the  Board  of  Directors  authorized a program to
     repurchase  up  to 100,000 shares of the Company's outstanding common stock
     at  market  price.  During  the first quarter 2003, the Company repurchased
     81,000  shares  of  stock  at  a  cost  of  $770  thousand.

4.   Stock-Based  Compensation

     The  Financial  Accounting Standards Board issued SFAS No. 123, "Accounting
     for  Stock-Based  Compensation",  in  the  fall  of  1995.  The  statement
     encourages, but does not require, companies to record compensation cost for
     stock-based  employee  compensation plans at fair value beginning in fiscal
     1996. The Company elected to account for stock-based compensation using the
     intrinsic  value  method  prescribed in Accounting Principles Board Opinion
     No.  25,  "Accounting  for  Stock  Issued  to  Employees".  Accordingly,
     compensation  cost  for stock options is measured as the excess, if any, of
     the  quoted market price of the Company's common stock at the date of grant
     over  the  amount  an  employee  must pay to acquire the stock. The Company
     adopted  SFAS  No.  123  for disclosure purposes and for non-employee stock
     options.  See  Recent  Accounting Pronouncements later in this note for new
     pronouncements  affecting  stock-based  compensation.

     Had  compensation cost for the Company's stock option plans been determined
     based  on the fair value at the grant date for awards in first quarter 2002
     and  2003 consistent with the provisions of SFAS No. 123, the Company's net
     income  and  earnings  per  share  would have been reduced to the pro forma
     amounts  indicated  below:


                                        7
<PAGE>
<TABLE>
<CAPTION>
(in thousands, except per                      Three Months Ended April 5,
share amounts)                                    2003           2002
                                              -------------  -------------
<S>                                           <C>            <C>

Net income - as reported                      $       1,506  $       4,663
Stock-based compensation expense-net of tax             552            502
                                              -------------  -------------
Net income - pro forma                        $         954  $       4,161
                                              =============  =============
Net income per common share - as reported
  Basic                                       $        0.12  $        0.37
                                              =============  =============
  Diluted                                     $        0.12  $        0.36
                                              =============  =============
Net income per common share - pro forma
  Basic                                       $        0.08  $        0.33
                                              =============  =============
  Diluted                                     $        0.08  $        0.33
                                              =============  =============
</TABLE>


5.   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)

<TABLE>
<CAPTION>
                             Three Months Ended April 5,
                    ----------------------------------------
                            2003                2002
                    ---------------------  -----------------
                               Per Share           Per Share
                     Shares      Amount    Shares   Amount
                    ---------  ----------  ------  ---------
<S>                 <C>        <C>         <C>     <C>
Basic EPS              12,451  $     0.12  12,698  $   0.37
Effect of dilutive
  Stock options            14           -      91     (0.01)
                    ---------  ----------  ------  ---------
Diluted EPS            12,465  $     0.12  12,789  $   0.36
                    =========  ==========  ======  =========
</TABLE>

6.   Goodwill  and  Long  Lived  Assets

     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, of
     which  there  were  none.
-    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.


                                        8
<PAGE>
The  Company  adopted SFAS 142 in the first quarter of fiscal 2002.  The Company
has  determined that all its intangible assets other than goodwill have definite
lives  and  will  continue  to amortize these assets over their estimated useful
lives.   During  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.    The Company reviews
its  intangible  assets with finite lives for impairment in accordance with SFAS
144,  "Accounting  for  the  Impairment  of Long-Lived Assets and for Long-Lived
Assets  to  Be  Disposed  Of".

Long-lived  assets,  including  property  and  equipment,  goodwill  and  other
intangible  assets  are  reviewed for impairment when events or changes in facts
and  circumstances  indicate  that their carrying amount may not be recoverable.
Events or changes in facts and circumstances that Pomeroy consider as impairment
indicators  include  the  following:
*  Significant  underperformance  of the Company's operating results relative to
expected  operating  results;
*  Net  book  value  compared  to  its  market  capitalization;
*  Significant  adverse  economic  and  industry  trends;
*  Significant  decrease  in  the  market  value  of  the  asset;
*  Significant  changes  to  the  asset  since  the  Company  acquired  it;  and
*  The  extent  that  the Company may use an asset or changes in the manner that
the  Company  may  use  it.

When  the  Company determines that one or more impairment indicators are present
for  its  long-lived  assets,  excluding goodwill, Pomeroy compares the carrying
amount  of the asset to the new future undiscounted cash flows that the asset is
expected  to  generate.  If the carrying amount of the asset is greater than the
net  future  undiscounted  cash  flows  that  the asset is expected to generate,
Pomeroy  would  recognize  an impairment loss.  The impairment loss would be the
excess  of  the  carrying  amount  of  the  asset  over  its  fair  value.

When  the  Company determines that one or more impairment indicators are present
for  its  goodwill,  Pomeroy compares its reporting unit's carrying value to its
fair  value.  The Company has two reporting units for goodwill testing which are
a  products  reporting  unit  and a services reporting unit.     The Company has
adopted  January 6 as the valuation date for the annual testing.  In April 2003,
the  Company  engaged  a  third-party valuation specialist to perform the annual
goodwill  impairment  testing  as  of January 6, 2003.  For goodwill, a two-step
impairment  test  is  performed.  The  first  step  compares the fair value of a
reporting  unit  with  its carrying amount, including goodwill.  If the carrying
value  of  a  reporting unit exceeds its fair value, then the second step of the
impairment  test  is  performed  to  measure the amount of impairment loss.  The
second  step compares the implied fair value of the reporting unit goodwill with
the  carrying  amount of that goodwill.  The implied fair value is determined by
allocating  the fair value of a reporting unit to all the assets and liabilities
of  that  unit as if the reporting unit been acquired in a business combination.
The  excess  of  the fair value of a reporting unit over the amounts assigned to
its  assets  and  liabilities  is  the  implied  fair value of goodwill.  If the
carrying  amount of the reporting unit goodwill is in excess of the implied fair
value  of  that  goodwill,  then  an impairment loss is recognized equal to that
excess.  An  impairment  loss, if any, would be reported in the Company's future
results  of  operations.

As  of  the  filing  date,  the  Company had not completed the first step of its
annual  impairment  test. An impairment, if any, would be reported on completion
of  the  testing  and  recognized  in  a  subsequent  period.




                                        9
<PAGE>
Intangible assets consist of the following:
<TABLE>
<CAPTION>
(in thousands)                    Gross         Net         Gross       Net         Gross         Net
                                Carrying    Accumulated   Carrying   Carrying    Accumulated   Carrying
                                 Amount    Amortization    Amount     Amount    Amortization    Amount
                                4/5/2003     4/5/2003     4/5/2003   1/5/2003     1/5/2003     1/5/2003
                                ----------------------------------------------  ------------------------
<S>                             <C>        <C>            <C>        <C>        <C>            <C>
Amortized intangible assets:
  Covenants not to compete      $   1,844  $       1,530  $     314  $   1,694  $       1,324  $     370
  Customer lists                      627            324        303        477            307        170
                                ---------  -------------  ---------  ---------  -------------  ---------
  Total amortized intangibles   $   2,471  $       1,854  $     617  $   2,171  $       1,631  $     540
                                =========  =============  =========  =========  =============  =========
</TABLE>


Projected future amortization expense related to intangible assets with definite
lives  are  as  follows:

<TABLE>
<CAPTION>

(in thousands)
Fiscal Years:
<S>                   <C>   <C>
2003                  $181  April 6, 2003 - January 5, 2004
2004                   138
2005                    53
2006                    20
2007                    20
2008 and thereafter    205
                      ----
Total                 $617
                      ====
</TABLE>


For  the  quarter ended April 5, 2003, there was no amortization expense related
to  goodwill.  Amortization  expense  related  to  intangibles  assets  was $224
thousand.

For  the  quarter ended April 5, 2002, there was no amortization expense related
to  goodwill.  Amortization  expense  related  to  intangibles  assets  was $189
thousand of which $72 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.

During  the  first quarter of fiscal 2003, the Company changed the allocation of
goodwill by reporting unit.  As a result of this evaluation process, the Company
reallocated  approximately  $10.3  million of goodwill to the services reporting
unit  from  the products reporting unit.  This reallocation had no effect on the
result  of  any  previous period's impairment testing.  The reallocation is also
reflected  in  the  segment  information  on  Note  9.

The  reallocation  of  the  net carrying amount of goodwill for the three months
ended  April  5,  2003  by  segment  are  as  follows:

<TABLE>
<CAPTION>

(in thousands)                            Products   Services   Consolidated
                                         ----------  ---------  -------------
<S>                                      <C>         <C>        <C>
Net carrying amount as of 1/5/03         $  42,357   $  18,278  $      60,635
Reallocation of goodwill                   (10,284)     10,284              -
Goodwill recorded during first quarter       2,091       1,855          3,946
                                         ----------  ---------  -------------
Net carrying amount as of 4/5/03         $  34,164   $  30,417  $      64,581
                                         ==========  =========  =============
</TABLE>


                                       10
<PAGE>
7.   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>
                                         Three Months Ended April 5,
                                        -----------------------------
                                             2003           2002
                                        --------------  -------------
<S>                                     <C>             <C>
Interest paid                           $          70   $         115
                                        ==============  =============
Income taxes paid                       $         350   $       3,830
                                        ==============  =============
Adjustments to purchase price
 of acquisition assets and intangibles  $       1,624   $         516
                                        ==============  =============

Business combinations accounted for
as purchases:
  Assets acquired                       $       7,258   $           -
  Liabilities assumed                          (4,074)
                                        -----------------------------
  Net cash paid                         $       3,184   $           -
                                        =============================
</TABLE>


8.   Litigation

     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.

9.   Segment  Information

     During  the  first  quarter of fiscal 2003, the Company revised its segment
     methodologies for allocating operating expenses between segments to reflect
     ongoing  changes  in the operating activities giving rise to such expenses.
     This  change  resulted  in  a  decrease  of  approximately  $1.6 million of
     allocated  operating  expenses  to  the product segment and a corresponding
     increase  by  the  same  amount  to  the services segment. In addition, the
     Company  revised  its  allocation of assets between segments to reflect the
     use  of  assets  in  those  segments.  The assets affected were principally
     goodwill,  tax-related  assets  and  equipment  and leasehold improvements.

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

<TABLE>
<CAPTION>
                                     Three Months Ended April 5, 2003
                               ---------------------------------------------
                               Products   Services   Leasing   Consolidated
                               ---------  ---------  --------  -------------
<S>                            <C>        <C>        <C>       <C>
Revenues                       $  99,880  $  29,992  $    106  $     129,978
Income from operations             1,270      1,143       101          2,514
Total assets                     165,584     83,522     6,515        255,621
Capital expenditures                 382        406         -            788
Depreciation and amortization        756        631         -          1,387
</TABLE>


<TABLE>
<CAPTION>
                                    Three Months Ended April 5, 2002
                               ---------------------------------------------
                               Products   Services   Leasing   Consolidated
                               ---------  ---------  --------  -------------
<S>                            <C>        <C>        <C>       <C>
Revenues                       $ 150,753  $  32,895  $  2,700  $     186,348
Income from operations             2,693      3,968       984          7,645
Total assets                     195,002     54,209    60,960        310,171
Capital expenditures                 685        101        84            870
Depreciation and amortization      1,264        267       178          1,709
</TABLE>


                                       11
<PAGE>
10.  Restructuring  Charge

     During fiscal 2002, the Company approved a plan to consolidate and relocate
     operations  in various geographical locations and to abandon certain assets
     associated  with  modification  to  strategic  initiatives.

     The execution of the plan began and was completed during fiscal 2002. As of
     April  5,  2003,  the  Company  had  $29  thousand  in  accrued  and unpaid
     restructuring  costs.  The  Company expects to pay substantially all of the
     remaining  accrued  and  unpaid  costs  by  the  end  of  fiscal  2003.

11.  Acquisitions

     On  February  21,  2003,  the  Company  announced  the  completion  of  the
     acquisition  of Micrologic Business Systems of K.C., INC. ("Micrologic"), a
     Kansas  City based IT solutions and professional services provider. For the
     twelve  months ended December 31, 2002, Micrologic has recorded revenues of
     $32.0  million. Their primary services include systems network integration,
     project  management,  and  telephony integration. The Company recorded $3.3
     million  of  goodwill  related  to  the  acquisition.

12.  Subsequent  Events

     On  May  13,  2003,  the  Company announced that its Board of Directors has
     authorized  the  addition  of  1,000,000  shares  to  its  stock repurchase
     program.  The  additional  shares to be repurchased represent approximately
     8.0%  of  the  Company's  outstanding common stock and will be purchased 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 funding the stock redemption program out
     of  working capital and the redemption program will be effectuated over the
     next  12  months.


                                       12
<PAGE>
Item 2 - Management's Discussion and Analysis of Financial Condition and Results
         of  Operations

         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 $56.3
million,  or  30.2%,  to $130.0 million in the first quarter of fiscal 2003 from
$186.3  million  in the first quarter of fiscal 2002. This decrease was a result
primarily  of  a  continued industry-wide slowdown in technology spending due to
the general weakness in the U.S. economy and the decrease in leasing revenue due
to  the sale of substantially all the assets of Technology Integration Financial
Services,  Inc.  ("TIFS").  Further,  the  Company  sometimes  elects  to take a
commission  from  the  manufacturers  for  arranging sales transactions where it
judges  the  gross  profit  to  be inadequate for its participation in the sales
transaction.  During  the  first  quarter of fiscal 2003, the Company elected to
take such commissions on transactions whose sales would otherwise have been $2.5
million.  Excluding  acquisitions completed in fiscal year 2003, total net sales
and  revenues  decreased  32.7%.  Products  and  leasing  sales  decreased $53.5
million,  or  34.9%  to  $100.0 million in the first quarter of fiscal 2003 from
$153.5  million  in  the  first  quarter  of fiscal 2002. Excluding acquisitions
completed  in  fiscal  year  2003,  products  and leasing sales decreased 37.6%.
Service  revenues decreased $2.9 million, or 8.8%, to $30.0 million in the first
quarter  of  fiscal  2003 from $32.9 million in the first quarter of fiscal year
2002.   Excluding  acquisitions  completed in fiscal year 2003, service revenues
decreased  10.0%.

GROSS  PROFIT.  Gross  profit  decreased to 12.6% in the first quarter of fiscal
2003 as compared to 12.8% in the first quarter of fiscal 2002.  This decrease in
gross  margin  resulted  primarily  from  the  decrease  in hardware and service
margins  and  offset  by  the higher proportion of service gross margin to total
gross  margin associated with the improved utilization of service personnel. The
decrease  in  hardware  gross  margin is primarily associated with the Company's
strategic  decision  to  aggressively  price  its  hardware business in order to
maintain and capture market share and to the weakened economic conditions of the
IT  industry.  On  a  forward looking basis, the Company expects to continue its
aggressive  product  pricing  in  order to gain existing market share which will
have  a  continued  impact  on product gross margin.   Additionally, the Company
expects  to  continue increasing the breadth and depth of its service offerings,
which  will  have  a continued impact on service gross margin.  Service revenues
increased  to  23.1%  of  total  net  sales and revenues in the first quarter of
fiscal  2003  compared  to  17.7%  of  total net sales and revenues in the first
quarter  of fiscal 2002.  Service gross margin increased to 51.8% of total gross
margin  in  the  first quarter of fiscal 2003 from 42.8% in the first quarter of
fiscal  2002.  Factors  that  may  have  an impact on gross margin in the future
include  the  continued  changes  in  hardware  margins,  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,  the  ratio  of service revenues to total net sales and revenues, and
the  Company's  decision  to  aggressively  price certain products and services.


                                       13
<PAGE>
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 increased to 9.6% in the first quarter of fiscal
2003 from 7.9% in the first quarter of fiscal 2002. This increase is primarily a
result  of  lower  than  expected  total net sales and revenues. Total operating
expenses  expressed as a percentage of total net sales and revenues increased to
10.7%  in  the  first  quarter  of fiscal 2003 from 8.7% in the first quarter of
fiscal 2002.  This increase is primarily the result of lower than expected total
net sales and revenues.    On a forward looking basis, the Company has initiated
operating costs reduction primarily in payroll and through payroll related costs
in  order  to  reduce  its  future  operating  expenses.

INCOME  FROM  OPERATIONS.  Income  from  operations  decreased  $5.1 million, or
67.1%,  to $2.5 million in the first quarter of fiscal 2003 from $7.6 million in
the  first  quarter  of fiscal 2002. The Company's operating margin decreased to
1.9%  in  the  first  quarter  of  fiscal  2003 as compared to 4.1% in the first
quarter  of  fiscal  2002.  This  decrease  is  primarily due to the increase in
operating  expenses  as  a  percentage  of  total net sales and revenues and the
decrease  in  the  Company's  gross  margin.


INTEREST  EXPENSE.  Interest  expense  decreased $.03 million, or 30.0%, to $.07
million  in  the  first  quarter  of  fiscal 2003 from $0.1 million in the first
quarter of fiscal 2002.  This decrease was due to reduced borrowings as a result
of  improved  cash  flow  management,  the sale of certain T.I.F.S. assets and a
reduced  interest  rate  charged  by  the  Company's  lender.

INCOME TAXES.  The Company's effective tax rate was 39.0% in the three months of
fiscal  2003  compared  to 38.0% in the first three months of fiscal 2002.  This
increase  relates  to  an  expected  increase  in  state  tax  liabilities.

NET  INCOME. Net income decreased $3.2 million, or 68.1%, to $1.5 million in the
first three months of fiscal 2003 from $4.7 million in the first three months of
fiscal  2002  due  to  the  factors  described  above.


                         LIQUIDITY AND CAPITAL RESOURCES

Cash  provided  by  operating  activities  was  $30.8 million in the first three
months of fiscal 2003. Cash used in investing activities was $4.0 million, which
included  $3.2  million  for  an  acquisition  made  in  2003  and  prior  year
acquisitions  and  $0.8 million for capital expenditures. Cash used in financing
activities  was  $0.7  million  primarily  for  the  purchase of treasury stock.

A  significant  part  of  the  Company's  inventories  is financed by floor plan
arrangements with third parties. At April 5, 2003, these lines of credit totaled
$84.0  million,  including $72.0 million with GE Commercial Distribution Finance
("GECDF")  and  $12.0  million  with  IBM Credit Corporation ("ICC"). Borrowings
under  the  GECDF  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.

The  Company's  financing  of  receivables  is provided through a portion of its
credit  facility  with GECDF.  The Company's $240.0 million credit facility with
GECDF  has  a three year term and includes $72.0 million for inventory financing
as  described  above,  $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.


                                       14
<PAGE>
At  April  5,  2003,  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 is restricted from paying dividends.
Currently,  the  Company  is  not  in  violation  of  any  financial  covenant.

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.

Aggregated  Information  about  Contractual  Obligations  and  Other Commitments

<TABLE>
<CAPTION>
                                     TOTAL   YEAR 1   YEAR 2   YEAR 3   YEAR 4   YEAR 5   MORE THAN 5 YEARS
                                    ------------------------------------------------------------------------
<S>                                 <C>      <C>      <C>      <C>      <C>      <C>      <C>
Acquisition note                    $ 1,204  $ 1,204  $     -  $     -  $     -  $     -  $                -
Operating leases                     16,611    3,589    3,298    2,853    1,786    1,513               3,572
Long term notes payable                 663        -      663        -        -        -                   -
                                    ------------------------------------------------------------------------
Total contractual cash obligations  $18,478  $ 4,793  $ 3,961  $ 2,853  $ 1,786  $ 1,513  $            3,572
                                    ========================================================================
</TABLE>

On  January  29,  2003, the Company's Board of Directors authorized a program to
repurchase  up  to  an  additional  100,000  shares of the Company's outstanding
common  stock,  which represents less than 1.0% 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.

 On  February  21, 2003, the Company announced the completion of the acquisition
of Micrologic Business Systems of K.C., INC. ("Micrologic"), a Kansas City based
IT  solutions  and  professional services provider.  For the twelve months ended
December  31,  2002,  Micrologic  has recorded revenues of $32.0 million.  Their
primary  services  include  systems network integration, project management, and
telephony  integration.

On  May  13,  2003,  the  Company  announced  that  its  Board  of Directors has
authorized the addition of 1,000,000 shares to its stock repurchase program. The
additional  shares  to  be  repurchased  represent  approximately  8.0%  of  the
Company's  outstanding  common  stock  and  will  be  purchased  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
funding  the  stock redemption program out of working capital and the redemption
program  will  be  effectuated  over  the  next  12  months.


                                       15
<PAGE>
Item 3 - Quantitative  and  Qualitative  Disclosures  about  Market  Risk.

The  Company  is  exposed  to  interest  rate  risk primarily through its credit
facility  with  GECDF.  Due  to the Company's current cash position, the Company
did  not  experience  a  material  impact  from interest rate risk for the first
quarter  of  fiscal  2003.

Currently,  the  Company does not have any significant financial investments for
trading  or  other  speculative  purposes  or  to manage interest rate exposure.


Item 4 - Controls  and  Procedures

The  Company's chief executive officer and chief financial officer evaluated the
Company's  disclosure  controls and procedures within the 90-day period prior to
the  date  of  this  report  pursuant  to  Rule  13a-14(c)  and 15d-14(c) of the
Securities Exchange Act of 1934.  Their evaluation concluded that the disclosure
controls  and  procedures  are  effective  in connection with the filing of this
quarterly  report  on  Form  10-Q  for  the  three  months  ended April 5, 2003.

There  have been no significant changes in the Company's internal controls or in
other  factors  that could significantly affect these controls subsequent to the
date  of  their  evaluation,  including any significant deficiencies or material
weaknesses  of  internal  controls  that  would  require  corrective  action.


                                       16
<PAGE>
                           PART II - OTHER INFORMATION


Item 1 - Legal  Proceedings

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.

Item 2 - Changes  in  Securities  and  Use  of  Proceeds . . . . . . .  None

Item 3 - Defaults  Upon  Senior  Securities. . . . . . . . . . . . . .  None

Item 4 - Submission  of  Matters  to  a Vote of Security Holders . . .  None

Item 5 - Other  Information. . . . . . . . . . . . . . . . . . . . . .  None

Item 6 - Exhibits  and  Reports  on  Form  8-K

     (a)  Reports on Form 8-K. . . . . . . . . . . . . . . . . . . . .  None

     (b)  (b)  Exhibits

          10(i)     Material  Agreements

          (nn)(1)
                    Stock purchase agreement by, between and among James
                    Hollander, trustee, Raymond Hays, trustee, David Yoka,
                    trustee and Matthew Cussigh and Pomeroy Computer Resources
                    Inc

          11        Computation  of  earnings  per  share


                                    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:  May 20, 2003                       By: /s/ Michael E. Rohrkemper
                                          -------------------------------------
                                          Michael E. Rohrkemper
                                          Chief Financial Officer and
                                          Chief Accounting Officer


                                       17
<PAGE>
                                 CERTIFICATIONS
                                 --------------



I, David B. Pomeroy, II, certify that:

1.   I  have  reviewed  this  quarterly  report on Form 10-Q of Pomeroy Computer
     Resources,  Inc.;

2.   Based  on  my  knowledge, this quarterly report does not contain any untrue
     statement  of a material fact or omit to state a material fact necessary to
     make  the  statements  made, in light of the circumstances under which such
     statements  were made, not misleading with respect to the period covered by
     this  quarterly  report;

3.   Based  on  my  knowledge,  the  financial  statements,  and other financial
     information  included  in  this  quarterly  report,  fairly  present in all
     material  respects  the financial condition, results of operations and cash
     flows  of  the  registrant  as  of,  and for, the periods presented in this
     quarterly  report;

4.   The  registrant's  other  certifying  officers  and  I  are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in  Exchange  Act  Rules 13a-14 and 15d-14) for the registrant and we have:

     a)   designed  such  disclosure  controls  and  procedures  to  ensure that
          material  information  relating  to  the  registrant,  including  its
          consolidated  subsidiaries, is made known to us by others within those
          entities,  particularly  during  the  period  in  which this quarterly
          report  is  being  prepared;

     b)   evaluated  the  effectiveness  of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this  quarterly  report  (the  "Evaluation  Date");  and

     c)   presented  in  this  quarterly  report  our  conclusions  about  the
          effectiveness  of  the disclosure controls and procedures based on our
          evaluation  as  of  the  Evaluation  Date;

5.   The  registrant's  other certifying officers and I have disclosed, based on
     our  most  recent  evaluation,  to  the registrant's auditors and the audit
     committee  of  registrant's  board  of directors (or persons performing the
     equivalent  function):

     a)   all  significant  deficiencies  in the design or operation of internal
          controls  which  could  adversely  affect  the registrant's ability to
          record,  process  summarize  and report financial data have identified
          for  the  registrant's  auditors  any  material weaknesses in internal
          controls;  and

     b)   any  fraud, whether or not material, that involves management or other
          employees  who  have  a  significant role in the registrant's internal
          controls;  and

6.   The  registrant's  other  certifying  officers and I have indicated in this
     quarterly  report whether or not there were significant changes in internal
     controls  or  in  other  factors  that  could significantly affect internal
     controls  subsequent  to  the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

Date:  May 20, 2003

                              /s/ David B. Pomeroy, II
                              David B. Pomeroy, II
                              Chief Executive Officer


                                       18
<PAGE>
                                 CERTIFICATIONS
                                 --------------


I,  Michael  E.  Rohrkemper,  certify  that:

1.   I  have  reviewed  this  quarterly  report on Form 10-Q of Pomeroy Computer
     Resources,  Inc.;

2.   Based  on  my  knowledge, this quarterly report does not contain any untrue
     statement  of a material fact or omit to state a material fact necessary to
     make  the  statements  made, in light of the circumstances under which such
     statements  were made, not misleading with respect to the period covered by
     this  quarterly  report;

3.   Based  on  my  knowledge,  the  financial  statements,  and other financial
     information  included  in  this  quarterly  report,  fairly  present in all
     material  respects  the financial condition, results of operations and cash
     flows  of  the  registrant  as  of,  and for, the periods presented in this
     quarterly  report;

4.   The  registrant's  other  certifying  officers  and  I  are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in  Exchange  Act  Rules 13a-14 and 15d-14) for the registrant and we have:

     a)   designed  such  disclosure  controls  and  procedures  to  ensure that
          material  information  relating  to  the  registrant,  including  its
          consolidated  subsidiaries, is made known to us by others within those
          entities,  particularly  during  the  period  in  which this quarterly
          report  is  being  prepared;

     b)   evaluated  the  effectiveness  of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing of this
          quarterly  report  (the  "Evaluation  Date");  and

     c)   presented  in  this  quarterly  report  our  conclusions  about  the
          effectiveness  of  the disclosure controls and procedures based on our
          evaluation  as  of  the  Evaluation  Date;

5.   The  registrant's  other certifying officers and I have disclosed, based on
     our  most  recent  evaluation,  to  the registrant's auditors and the audit
     committee  of  registrant's  board  of directors (or persons performing the
     equivalent  function):

     a)   all  significant  deficiencies  in the design or operation of internal
          controls  which  could  adversely  affect  the registrant's ability to
          record,  process  summarize  and report financial data have identified
          for  the  registrant's  auditors  any  material weaknesses in internal
          controls;  and

     b)   any  fraud, whether or not material, that involves management or other
          employees  who  have  a  significant role in the registrant's internal
          controls;  and

6.   The  registrant's  other  certifying  officers and I have indicated in this
     quarterly  report whether or not there were significant changes in internal
     controls  or  in  other  factors  that  could significantly affect internal
     controls  subsequent  to  the date of our most recent evaluation, including
     any corrective actions with regard to significant deficiencies and material
     weaknesses.

Date:  May 20, 2003

                              /s/ Michael E. Rohrkemper
                              Michael E. Rohrkemper
                              Chief Financial Officer


                                       19
<PAGE>