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, 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 Identification Number)
or  organization)


                     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  May 9, 2002 was
12,818,666.


                                    1 of 15
<PAGE>
<TABLE>
<CAPTION>
                        POMEROY COMPUTER RESOURCES, INC.

                                TABLE OF CONTENTS


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

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

                                  Consolidated Statements of Income for        5
                                  the Three Months Ended April 5, 2001
                                  and 2002

                                  Consolidated Statements of Cash Flows        6
                                  for the Three Months Ended April 5, 2001
                                  and 2002

                                  Notes to Consolidated Financial              7
                                  Statements

           Item 2.                Management's Discussion and Analysis of     12
                                  Financial Condition and Results of
                                  Operations

Part II.   Other Information                                                  15

SIGNATURE                                                                     15
</TABLE>


                                    2 of 15
<PAGE>
<TABLE>
<CAPTION>
                        POMEROY COMPUTER RESOURCES, INC.
                        --------------------------------

                          CONSOLIDATED BALANCE SHEETS



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

Current assets:
   Cash . . . . . . . . . . . . . . . . . . . . . . . . . . .  $     2,875  $      12

Accounts receivable:
   Trade, less allowance of $627 and $645 at January 5, 2002
      and April 5, 2002, respectively . . . . . . . . . . . .      142,356    124,113
   Vendor receivables, less allowance of $16,112 at  both
      January 5, 2002 and April 5, 2002 . . . . . . . . . . .       24,219     18,666
   Net investment in leases . . . . . . . . . . . . . . . . .       35,809     32,834
   Other. . . . . . . . . . . . . . . . . . . . . . . . . . .        5,413      4,596
                                                               -----------  ---------
         Total receivables. . . . . . . . . . . . . . . . . .      207,797    180,209
                                                               -----------  ---------

Inventories . . . . . . . . . . . . . . . . . . . . . . . . .       20,876     19,824
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . .        8,468      8,827
                                                               -----------  ---------
         Total current assets.. . . . . . . . . . . . . . . .      240,016    208,872
                                                               -----------  ---------

Equipment and leasehold improvements:
  Furniture, fixtures and equipment . . . . . . . . . . . . .       29,920     29,979
  Leasehold improvements. . . . . . . . . . . . . . . . . . .        5,700      5,674
                                                               -----------  ---------
        Total . . . . . . . . . . . . . . . . . . . . . . . .       35,620     35,653

  Less accumulated depreciation . . . . . . . . . . . . . . .       17,070     17,492
                                                               -----------  ---------
      Net equipment and leasehold improvements. . . . . . . .       18,550     18,161
                                                               -----------  ---------

Net investment in leases. . . . . . . . . . . . . . . . . . .       22,438     21,890
Goodwill. . . . . . . . . . . . . . . . . . . . . . . . . . .       57,454     58,572
Intangible assets . . . . . . . . . . . . . . . . . . . . . .        1,060        925
Other assets. . . . . . . . . . . . . . . . . . . . . . . . .        2,200      1,751
                                                               -----------  ---------
         Total assets . . . . . . . . . . . . . . . . . . . .  $   341,718  $ 310,171
                                                               ===========  =========
</TABLE>

                See notes to consolidated financial statements.


                                    3 of 15
<PAGE>
<TABLE>
<CAPTION>
                        POMEROY COMPUTER RESOURCES, INC.
                        --------------------------------

                           CONSOLIDATED BALANCE SHEETS


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

Current Liabilities:
 Current portion of notes payable . . . . . . . . . . . . . .  $    27,190  $  23,692
 Accounts payable . . . . . . . . . . . . . . . . . . . . . .       86,447     66,176
 Bank notes payable . . . . . . . . . . . . . . . . . . . . .       11,882        709
 Deferred revenue . . . . . . . . . . . . . . . . . . . . . .        2,751      2,636
 Other current liabilities. . . . . . . . . . . . . . . . . .       11,908     10,722
                                                               -----------  ---------
         Total current liabilities. . . . . . . . . . . . . .      140,178    103,935
                                                               -----------  ---------

Notes payable . . . . . . . . . . . . . . . . . . . . . . . .       10,213      9,862
Deferred taxes. . . . . . . . . . . . . . . . . . . . . . . .          565        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 12,796 shares issued at January 5, 2002
      and April 5, 2002, respectively). . . . . . . . . . . .          128        128
   Paid in capital. . . . . . . . . . . . . . . . . . . . . .       80,487     80,871
   Retained earnings. . . . . . . . . . . . . . . . . . . . .      110,979    115,642
                                                               -----------  ---------
                                                                   191,594    196,641
    Less treasury stock, at cost (75 shares at January 5,
      2002 and April 5, 2002) . . . . . . . . . . . . . . . .          832        832
                                                               -----------  ---------
         Total equity . . . . . . . . . . . . . . . . . . . .      190,762    195,809
                                                                -----------  ---------
        Total liabilities and equity . . . . . . . . . . . .  $   341,718  $ 310,171
                                                               ===========  =========
</TABLE>

                       See notes to financial statements.


                                    4 of 15
<PAGE>
<TABLE>
<CAPTION>

                        POMEROY COMPUTER RESOURCES, INC.
                        --------------------------------

                        CONSOLIDATED STATEMENTS OF INCOME

(in thousands, except per share data)


                                          Three Months Ended
                                        ----------------------
                                         April 5,    April 5,
                                           2001        2002
                                        ----------  ----------
<S>                                     <C>         <C>
Net sales and revenues:
 Sales-equipment, supplies and leasing  $ 161,974   $ 153,453
 Service . . . . . . . . . . . . . . .     33,722      32,895
                                        ----------  ----------
    Total net sales and revenues . . .    195,696     186,348
                                        ----------  ----------

Cost of sales and service:
 Sales-equipment, supplies and leasing    145,939     139,836
 Service . . . . . . . . . . . . . . .     25,009      22,692
                                        ----------  ----------
    Total cost of sales and service. .    170,948     162,528
                                        ----------  ----------

         Gross margin. . . . . . . . .     24,748      23,820
                                        ----------  ----------

Operating expenses:
   Selling, general and administrative     14,778      13,813
   Rent expense. . . . . . . . . . . .        917         915
   Depreciation. . . . . . . . . . . .      1,106       1,176
   Amortization. . . . . . . . . . . .      1,346         271
   Litigation settlement . . . . . . .      1,000           -
                                        ----------  ----------
         Total operating expenses. . .     19,147      16,175
                                        ----------  ----------

Income from operations . . . . . . . .      5,601       7,645
                                        ----------  ----------

Other expense (income):
   Interest expense. . . . . . . . . .        881         126
   Miscellaneous . . . . . . . . . . .        (77)         (2)
                                        ----------  ----------
         Total other expense . . . . .        804         124
                                        ----------  ----------

   Income  before income tax . . . . .      4,797       7,521
   Income tax expense. . . . . . . . .      1,871       2,858
                                        ----------  ----------

   Net income. . . . . . . . . . . . .  $   2,926   $   4,663
                                        ==========  ==========

Weighted average shares outstanding:
   Basic . . . . . . . . . . . . . . .     12,576      12,698
                                        ==========  ==========
   Diluted . . . . . . . . . . . . . .     12,717      12,789
                                        ==========  ==========

Earnings per common share:
   Basic . . . . . . . . . . . . . . .  $    0.23   $    0.37
                                        ==========  ==========
   Diluted . . . . . . . . . . . . . .  $    0.23   $    0.36
                                        ==========  ==========
</TABLE>

                       See notes to financial statements.


                                    5 of 15
<PAGE>
<TABLE>
<CAPTION>
                        POMEROY COMPUTER RESOURCES, INC.
                        --------------------------------

                      CONSOLIDATED STATEMENTS OF CASH FLOWS



(in thousands)                                        Three Months Ended
                                                    ----------------------
                                                     April 5,    April 5,
                                                       2001        2002
                                                    ----------  ----------
<S>                                                 <C>         <C>
Cash Flows from Operating Activities:
   Net income. . . . . . . . . . . . . . . . . . .  $   2,926   $   4,663
   Adjustments to reconcile net income to net cash
flows from operating activities:
   Depreciation. . . . . . . . . . . . . . . . . .      1,752       1,366
   Amortization. . . . . . . . . . . . . . . . . .      1,380         343
   Deferred income taxes . . . . . . . . . . . . .       (150)          -
   Loss on sale of fixed assets. . . . . . . . . .        114         146
Changes in working capital accounts, net of
effects of acquisitions:
      Receivables. . . . . . . . . . . . . . . . .     13,800      24,077
      Inventories. . . . . . . . . . . . . . . . .        692         758
      Prepaids . . . . . . . . . . . . . . . . . .      2,436        (431)
      Net investment in leases . . . . . . . . . .      3,315       3,531
      Accounts payable . . . . . . . . . . . . . .     (7,974)    (20,251)
      Deferred revenue . . . . . . . . . . . . . .     (4,061)       (115)
      Income tax payable . . . . . . . . . . . . .       (899)       (972)
      Other, net . . . . . . . . . . . . . . . . .        649         154
                                                    ----------  ----------
   Net operating activities. . . . . . . . . . . .     13,980      13,269
                                                    ----------  ----------
Cash Flows from Investing Activities:
   Capital expenditures. . . . . . . . . . . . . .     (1,007)       (870)
   Proceeds from sale of fixed assets. . . . . . .          -          34
   Acquisition of subsidiary companies, net of
      cash acquired. . . . . . . . . . . . . . . .       (164)       (656)
                                                    ----------  ----------
   Net investing activities. . . . . . . . . . . .     (1,171)     (1,492)
                                                    ----------  ----------
Cash Flows from Financing Activities:
   Payments under notes payable. . . . . . . . . .     (4,552)     (8,440)
   Proceeds under notes payable. . . . . . . . . .      4,016       4,590
   Net payments under bank notes payable.. . . . .    (11,252)    (11,174)
   Proceeds from exercise of stock options . . . .         38         384
                                                    ----------  ----------
   Net financing activities. . . . . . . . . . . .    (11,750)    (14,640)
                                                    ----------  ----------

Increase (decrease) in cash. . . . . . . . . . . .      1,059      (2,863)
Cash:
   Beginning of period . . . . . . . . . . . . . .      1,097       2,875
                                                    ----------  ----------
   End of period . . . . . . . . . . . . . . . . .  $   2,156   $      12
                                                    ==========  ==========
</TABLE>

                       See notes to financial statements.


                                    6 of 15
<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
     three-month  period  ended  April 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 a payment towards the Company's
     credit  facility.  As  a  result, the Company maintains minimal cash in its
     bank  account.  At  January 5 and April 5, 2002, bank notes payable include
     $3.4 million and $5.4 million, respectively, 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 April 5,
                                ---------------------------------------
                                       2001                2002
                                ---------------------  ----------------
                                            Per Share         Per Share
                                 Shares      Amount    Shares   Amount
                                ---------  ----------  ------  --------
            Basic EPS              12,576  $     0.23  12,698  $  0.37
            Effect of dilutive
              Stock options           141           -      91    (0.01)
                                ---------  ----------  ------  --------
            Diluted EPS            12,717  $     0.23  12,789  $  0.36
                                =========  ==========  ======  ========


                                    7 of 15
<PAGE>
4.   Goodwill  and  Other  Intangible  Assets-Adoption  of  Statement  142

     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  and  will  review  for  impairment  in accordance with SFAS No. 144,
     "Accounting  for  the  Impairment  of  Long-Lived Assets and for Long-Lived
     Assets  to  Be  Disposed  Of".  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  quarter of fiscal 2002, the Company no
     longer amortized goodwill in accordance with SFAS 142. By July 5, 2002, the
     Company will have completed a transitional fair value based impairment test
     of  goodwill  as  of  January 6, 2002. Impairment losses, if any, resulting
     from  the transitional testing will be recognized as a cumulative effect of
     a  change in accounting principle. Management has not determined the impact
     on  the  Company's  financial  position  or  results  of operations for the
     transitional  testing  of  goodwill.


                                    8 of 15
<PAGE>
<TABLE>
<CAPTION>
Intangible assets consist of the following:

(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   4/5/2002     4/5/2002     4/5/2002
                                ---------  -------------  ---------  ---------  -------------  ---------
<S>                             <C>        <C>            <C>        <C>        <C>            <C>
Amortized intangible assets:
  Covenants not to compete      $   1,171  $         653  $     518  $   1,226  $         752  $     474
  Customer lists                      477            236        241        477            254        223
  Intangibles                         563            263        301        563            335        228
                                ---------  -------------  ---------  ---------  -------------  ---------
  Total amortized intangibles   $   2,211  $       1,152  $   1,060  $   2,266  $       1,341  $     925
                                =========  =============  =========  =========  =============  =========
</TABLE>

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

(in thousands)
Fiscal Years:

     2002         $   531  April 6, 2002 - January 5, 2003
     2003             243
     2004             118
     2005              33
     2006               -
                  -------
    Total         $   925
                  =======

For  the  quarter  ended April 5, 2001, amortization expense related to goodwill
was  $1,060  thousand.  Amortization  expense  related to intangibles assets was
$131  thousand  of  which  $34  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 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.


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

(in thousands)                           Products   Services   Consolidated
                                         ---------  ---------  -------------
Net carrying amount as of 1/5/02         $  40,812  $  16,642  $      57,454
Goodwill recorded during first quarter         407        711          1,118
                                         ---------  ---------  -------------
Net carrying amount as of 4/5/02         $  41,219  $  17,353  $      58,572
                                         =========  =========  =============


                                    9 of 15
<PAGE>
Pro  forma net income and net income per share exclusive of amortization expense
are  as  follows:

<TABLE>
<CAPTION>
(in thousands, except per share data)      Three Months Ended April 5,
                                           ------------------------
                                               2001         2002
                                           -----------  -----------
<S>                                        <C>          <C>
Reported net income                        $     2,926  $     4,663
Add back:  Goodwill amortization                   647            -
                                           -----------  -----------
Adjusted net income                        $     3,573  $     4,663
                                           ===========  ===========

Basic earnings per share:
Reported net income                        $      0.23  $      0.37
Goodwill amortization                             0.05            -
                                           -----------  -----------
Adjusted net income                        $      0.28  $      0.37
                                           ===========  ===========

Diluted earnings per share:
Reported net income                        $      0.23  $      0.36
Goodwill amortization                             0.05            -
                                           -----------  -----------
Adjusted net income                        $      0.28  $      0.36
                                           ===========  ===========
</TABLE>

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)

                               Three Months Ended April 5,
                               ------------  ------------
                                 2001             2002
                               ------------  ------------
Interest paid                  $      1,045  $        115
                               ============  ============
Income taxes paid              $      1,407  $      3,830
                               ============  ============
Adjustments to purchase price
 of acquisition assets         $        354  $        516
                               ============  ============

6.   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.


                                    10 of 15
<PAGE>
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 April 5, 2001
                               --------------------------------------------------
                               Products   Services      Leasing     Consolidated
                               ---------  ---------  -------------  -------------
<S>                            <C>        <C>        <C>            <C>
Revenues                       $ 159,375  $  33,722  $       2,599  $     195,696
Income from operations             4,022      1,208            371          5,601
Total assets                     212,757     61,274         65,717        339,748
Capital expenditures                 750         56            201          1,007
Depreciation and amortization      2,227        573            332          3,132


                                         Three Months Ended April 5, 2002
                               --------------------------------------------------
                               Products   Services      Leasing     Consolidated
                               ---------  ---------  -------------  -------------
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                 651        101             84            836
Depreciation and amortization      1,264        267            178          1,709
</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. At the time of the closing, ILC paid the
     Company  book  value  for the net assets of T.I.F.S. as of January 5, 2002,
     which  was  approximately $3.1 million. The purchase price will be adjusted
     upon  the finalization of the April 16, 2002 book value for the net assets.
     Accordingly,  no  gain  or  loss will be recognized on this transaction. In
     addition,  ILC  assumed  and  liquidated  at  the  time  of  the  closing
     approximately  $18.9 million of the Company's debt related to leased assets
     owed  by  T.I.F.S as of April 5, 2002. This amount will also be adjusted 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.


                                    11 of 15
<PAGE>
     The  following  table  identifies the assets and liabilities as of April 5,
     2002,  which  were  sold  on  April  16,  2002:

     (In thousands)

     Cash                                  $   (18)
     Accounts receivable                     1,709
     Net investment in leases               51,315
     Other                                     483
                                           --------
       Total assets                        $53,489
                                           ========

     Current and long term notes payable   $29,565
     Intercompany debt                      15,116
     Other                                   4,498
                                           --------
       Total liabilities                   $49,179
                                           ========


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

9.   Subsequent Event

     Stock  Option  Plans
     In  April 2002, the Company's 1992 Non-Qualified and Incentive Stock Option
     Plan  and  the  Company's  1992  Outside  Directors'  Stock  Option  Plan
     terminated.  On  March 27, 2002, the Company adopted the 2002 Non-Qualified
     and  Incentive  Stock  Option  Plan  and  the 2002 Outside Directors' Stock
     Option  Plan,  which  is  substantially similar in nature to the terminated
     1992  Option  Plans.  These  2002  Option  Plans  will  be submitted to the
     shareholders  for  approval  on  June  13,  2002.



         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" may constitute
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.


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<PAGE>
                        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 $9.4
million,  or  4.8%,  to  $186.3 million in the first quarter of fiscal 2002 from
$195.7  million  in the first quarter of fiscal 2001. This decrease was a result
primarily  of a continued industry-wide slowdown in technology spending and as a
result  of  the  Company's  decision to take a fee from manufacturers related to
certain  sales  transactions  as  opposed  to  recording  top  line  revenues of
approximately  $7.8  million.  Excluding  acquisitions  completed in fiscal year
2001,  total  net sales and revenues decreased 5.3%.  Products and leasing sales
decreased  $8.5  million,  or  5.2%,  to  $153.5 million in the first quarter of
fiscal  2002  from $162.0 million in the first quarter of fiscal 2001. Excluding
acquisitions completed in fiscal year 2001, products and leasing sales decreased
5.8%.  Service revenues decreased $0.8 million, or 2.4%, to $32.9 million in the
first  quarter  of fiscal 2002 from $33.7 million in the first quarter of fiscal
year  2001.   Excluding  acquisitions completed in fiscal 2001, service revenues
decreased  2.7%.

GROSS  MARGINS.  Gross margins increased to 12.8% in the first quarter of fiscal
2002  as  compared  to  12.6%  in  the  first  quarter of fiscal 2001.  This net
increase  in  gross  margin  is  primarily the result of the increase in service
gross margin associated with improved utilization of service personnel offset by
the  slight  decrease  in  hardware gross margin.  Service revenues increased to
17.7%  of  total  net  sales  and  revenues  in the first quarter of fiscal 2002
compared to 17.2% of total net sales and revenues in the first quarter of fiscal
2001. Service gross margin increased to 42.8% of total gross margin in the first
quarter  of  fiscal  2002  from  35.2% in the first 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  a  decline in personnel utilization rates, the mix of products sold and
services provided, a further decline of 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)  expressed  as  a  percentage  of  total  net  sales and revenues
decreased  to  7.9%  in  the first quarter of fiscal 2002 from 8.0% in the first
quarter  of  fiscal 2001.  The decrease is primarily the result of the reduction
in  selling  and  administrative staff.  Total operating expenses expressed as a
percentage  of  total  net  sales  and  revenues  decreased to 8.7% in the first
quarter  of  fiscal  2002  from  9.8% in the first quarter of fiscal 2001.  This
decrease  in total operating expenses is due to 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  fiscal  2001.

INCOME  FROM  OPERATIONS.  Income  from  operations  increased  $2.0 million, or
35.7%,  to $7.6 million in the first quarter of fiscal 2002 from $5.6 million in
the  first  quarter  of fiscal 2001. The Company's operating margin increased to
4.1%  in  the  first  quarter  of  fiscal  2002 as compared to 2.9% in the first
quarter  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  $0.8 million, or 88.9% to $0.1
million  in  the  first  quarter  of  fiscal 2002 from $0.9 million in the first
quarter of fiscal 2001.  This decrease was due to reduced borrowings as a result
of  improved  cash  flow  management  and a reduced interest rate charged by the
lenders.

INCOME  TAXES.  The  Company's effective tax rate was 38.0% in the first quarter
of  fiscal 2002 compared to 39.0% in the first quarter of fiscal 2001.   The net
decrease  in  the  Company's effective tax rate is due to the change in goodwill
amortization.

NET  INCOME.  Net income increased $1.8 million, or 62.1% to $4.7 million in the
first  quarter  of  fiscal 2002 from $2.9 million in the first quarter of fiscal
2001  due  to  the  factors  described  above.


                                    13 of 15
<PAGE>
                         LIQUIDITY AND CAPITAL RESOURCES

Cash  provided  by  operating  activities  was  $13.3 million in the first three
months  of  fiscal  2002.  Cash  used  in investing activities was $1.5 million,
which  included  $0.8  million  for  capital  expenditures  and $0.7 million for
acquisitions  completed  in  fiscal  2001. Cash used by financing activities was
$14.6  million, which included $3.8 million of net payments under notes payables
and  $11.2  million  of net payments under bank notes payable and offset by $0.4
million  from  the  exercise  of  stock  options.

A  significant  part  of  the  Company's  inventories  is financed by floor plan
arrangements with third parties. At April 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.

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.  Under  the  agreement,  the credit facility
provides  a credit line of $144.0 million for accounts receivable financing. 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.  At  April  5,  2002, the amount outstanding was $0.7 million,
including  $5.4  million  of  overdrafts on the Company's books in accounts at a
participant  bank  on  the  credit  facility.  The  interest  rate on the amount
outstanding  was  4.87%.  The  overdrafts  were  subsequently funded through the
normal  course  of  business.  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.

The  funding of the Company's net investment in sales-type leases is provided by
various  financial  institutions on a nonrecourse basis.  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.  At  the  time of the closing, ILC paid the Company book value for the net
assets  of T.I.F.S. as of January 5, 2002, which was approximately $3.1 million.
The  purchase price will be adjusted upon the finalization of the April 16, 2002
book  value  for the net assets.  In addition, ILC assumed and liquidated at the
time of the closing approximately $18.9 million of the Company's debt related to
leased  assets  owed  by  T.I.F.S as of April 5, 2002.  This amount will also be
adjusted  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.


                                    14 of 15
<PAGE>
                        POMEROY COMPUTER RESOURCES, INC.

                          PART II - OTHER INFORMATION

Items  1  to  3     None

Item  4  None

Item  5

Mr.  Brian  P.  Rogan  has  been  named  Vice  President  of Sales and Strategic
Alliances  for  the Company and his employment will commence effective April 15,
2002.  Prior  to  joining  the  Company,  Mr.  Rogan served as Vice President of
Global  Sales  for Cognizant Technology Solutions and as Vice President of Sales
and  Director  for  Keane's  Notheast  Region.

Item  6  Exhibits  and  Reports  on  Form  8-K
(a)  Exhibits

10 (I)       Material Agreements

             (l)(1) First  Amendment  to  Employment  Agreement  by  and between
                    Pomeroy  Computer  Resources,  Inc.  and  Timothy E. Tonges,
                    dated  March  25,  2002

             (m)(1) First  Amendment  to  Employment  Agreement  by  and between
                    Pomeroy  Computer  Resources,  Inc.  and Michael Rohrkemper,
                    dated  March  1,  2002

11           Computation  of  Earnings  per  Share


(b)  Reports  on  Form  8-K
On  May  1,  2002,  the  Company  filed  a  Form 8-K with respect to the sale of
substantially  all  the  assets  of  its  wholly  owned  subsidiary  TIFS.



                                    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, 2002                 By: Michael  E.  Rohrkemper
                                    --------------------------------
                                    Chief Financial Officer and
                                    Chief Accounting Officer



                                    15 of 15
<PAGE>