SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                    FORM 10-Q

                   QUARTERLY REPORT UNDER SECTION 13 OR 15(d)
                     of the Securities Exchange Act of 1934

For Quarter ended January 31, 1999
Commission file number 0-8006

                             COX TECHNOLOGIES, INC.
                            FKA Energy Reserve, Inc.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


          ARIZONA                                                86-0220617
 ------------------------------                              -------------------
(State or other jurisdiction of                                (IRS Employer
 incorporation or organization)                              Identification No.)

               69 McAdenville Road, Belmont, North Carolina 28012
               --------------------------------------------------

       Registrant's telephone number, including area code (704) 825-8146


Energy Reserve, Inc., 2432 W. Peoria Avenue, Suite 1167, Phoenix, Arizona 85029
-------------------------------------------------------------------------------
Former name, former address and former fiscal year, if changed since last report

Indicated  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
filing requirements for the past 90 days.                         Yes [X] No [ ]

                       APPLICABLE ONLY TO ISSUERS INVOLVED
                        IN BANKRUPTCY PROCEEDINGS DURING
                            THE PRECEDING FIVE YEARS:

Indicated  by check mark  whether the  registrant  has filed all  documents  and
reports  required  to by filled by Sections  12, 13, or 15(d) of the  Securities
Exchange Act of 1934 subsequent to the  distribution of securities  under a plan
confirmed by a court.                                             Yes [ ] No [ ]

                       APPLICABLE ONLY TO CORPORATE USERS:

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practicable date.

Class - Common Stock, without Par Value
23,280,922 Shares Outstanding at January 31, 1999
<PAGE>
                     COX TECHNOLOGIES, INC. AND SUBSIDIARIES
                                      INDEX



FACE SHEET                                                                   1

INDEX                                                                        2

PART I. FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS                                                 3

   Consolidated Balance Sheets at
     January 31, 1999 and April 30, 1998                                     4

   Consolidated Statements of Operations and Accumulated Deficit
     Three Months Ended January 31, 1999 and 1998                            5
     Nine Months Ended January 31, 1999 and 1998                             6

   Statement of Cash Flows
     Nine Months Ended January 31, 1999 and 1998                             7

   Notes to Consolidated Financial Statements                                8


ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS
        OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS                   9-13

PART II. OTHER INFORMATION AND SIGNATURE                                    14


                                        2
<PAGE>
                                                                       FINANCIAL
                                                                     INFORMATION

                     COX TECHNOLOGIES, INC. AND SUBSIDIARIES

PART I - FINANCIAL INFORMATION

ITEM 1. FINANCIAL STATEMENTS

Cox Technologies,  Inc. and its subsidiaries,  Twin Chart,  Inc., its subsidiary
Transit Services,  Inc., Vitsab, AB, Sweden,  Vitsab,  USA, Inc., Energy Reserve
Holdings,  Inc.,  and Energy Reserve  Financial  Corporation  (collectively  the
Company),   engage  in  the  business  of  producing  and  distributing  transit
temperature  recording  instruments,  both  domestically  in  United  State  and
internationally.  The Company also engages in acquiring,  developing and selling
oil  properties,  and of producing  and selling crude oil for its own account in
the United States.  As such the Company has not and does not engage in petroleum
refining or retail marketing.

The Consolidated  Financial Statements included herein have been prepared by the
Company,  without audit, pursuant to the rules and regulations of the Securities
and Exchange  Commission.  Certain information and footnote disclosures normally
included in financial  statements prepared in accordance with generally accepted
accounting  principles have been condensed or omitted pursuant to such rules and
regulations,  although the Company believes that the disclosures are adequate to
make the  information  presented  not  misleading.  It is  suggested  that these
condensed  financial  statements  be  read in  conjunction  with  the  financial
statements  and data notes thereto  included in the  Company's  annual report on
Form 10-K, for the year ended April 30, 1998.

In the opinion of the Company,  all  adjustments  have been  included  which are
necessary for the  preparation of the balance sheets of Cox  Technologies,  Inc.
and  consolidated  subsidiaries  at January 31, 1999 and April 30, 1998 and to a
fair  statement of the results of operations  for the three months ended January
31, 1999 and 1998 and for the nine months ended January 31, 1999 and 1998.

                                        3
<PAGE>
COX TECHNOLOGIES, INC. AND SUBSIDIARIES
(FORMERLY, ENERGY RESERVE, INC., AND SUBSIDIARIES)
CONSOLIDATED BALANCE SHEETS
JANUARY 31, 1999 AND APRIL 30, 1998

                                                     JANUARY 31,     APRIL 30,
                                                        1999           1998
ASSETS                                              ------------   ------------
 CURRENTS ASSETS:
  Cash and cash equivalents (Note A)                $  1,283,592   $  2,575,945
  Accounts receivable, less allowance for doubtful
   accounts of $29,527 at January 31, 1999 and
   April 30, 1998                                      1,616,677      1,627,074
  Inventory (Note B)                                   1,626,079      1,043,531
  Investment in securities                               106,781         39,500
  Notes receivable-current portion                        17,862         33,503
  Prepaid expenses                                       114,968        352,143
  Deferred income taxes (Note C)                             -0-         30,000
                                                    ------------   ------------
     TOTAL CURRENT ASSETS                              4,765,959      5,701,696

  Property and equipment (net)                         6,632,190      3,704,243
  Investments in securities                                  -0-        300,000
  Deposits                                                 4,042          5,290
  Goodwill (Note A)                                    1,288,420         48,479
  Notes receivable - non-current portion                  37,072          6,828
                                                    ------------   ------------
     TOTAL ASSESTS                                  $ 12,727,683   $  9,766,536
                                                    ============   ============
LIABILITIES AND STOCKHOLDERS' EQUITY
 CURRENT LIABILITIES:
  Accounts payable and accrued expenses             $    674,416   $    356,811
  Income taxes payable (Note C)                           23,464         52,270
  Current portion of long-term debt (Note A)           1,232,553        510,369
                                                    ------------   ------------

     TOTAL CURRENT LIABILITIES                         1,930,433        919,450

  Long-term debt                                         785,216        280,706
  Minority Interest                                          -0-            669

     TOTAL LIABILIATIES                                2,715,649      1,200,825
                                                    ------------   ------------
COMMITMENTS AND CONTINGENCIES (Note D)

STOCKHOLDERS' EQUITY
  Common stock, no par value: authorized 100,000,000
   shares; issued and outstanding 23,280,922 shares
   at January 31, 1999 and 19,905,188 shares at
   April 30, 1998 (Note A)                            20,885,495     20,041,562
  Common stock subscribed                                 58,100         58,100
  Contributed Capital                                    220,872        220,872
  Treasury stock                                         (45,920)       (45,920)
  Accumulated deficit                                (10,179,866)   (10,598,719)
  Unrealized loss on available-for-sale securities           -0-       (180,500)
  Less - notes receivable for common stock:
     Issued                                             (872,613)      (875,650)
     Subscribed                                          (54,034)       (54,034)
                                                    ------------   ------------
TOTAL STOCKHOLDERS' EQUITY                            10,012,034      8,565,711
                                                    ------------   ------------

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY          $ 12,727,683   $  9,766,536
                                                    ============   ============
                       See Notes to Financial Statements

                                       4
<PAGE>
                     COX TECHNOLOGIES, INC. AND SUBSIDIARIES
          CONSOLIDATED STATEMENTS OF OPERATIONS AND ACCUMULATED DEFICIT

                                                Three Months Ended January 31,
                                                ------------------------------
                                                     1999             1998
                                                ------------     ------------
REVENUE
     Sales                                      $  2,291,382     $  1,857,294
                                                ------------     ------------
  COSTS AND EXPENSES
     Cost of sales                                 1,152,941          923,552
     General and administrative expenses             800,452          532,321
     Sales expense                                   350,985          309,757
     Interest expense                                 30,888           16,615
     Depreciation and depletion                       59,081            7,915
                                                ------------     ------------
     TOTAL EXPENSE                                 2,394,347        1,790,160
                                                ------------     ------------

            INCOME FROM OPERATIONS                  (102,965)          67,134
                                                ------------     ------------
  OTHER INCOME (EXPENSE)
     Other income (expense)                           58,212           (3,397)
                                                ------------     ------------

   Earnings (loss) before income taxes               (44,753)          63,737

    Provisions for income taxes (note B)             (34,000)             830
                                                ------------     ------------
            NET EARNINGS (loss)                      (10,753)          62,907

  ACCUMULATED DEFICIT, beginning of period       (10,169,113)     (13,079,632)
                                                ------------     ------------

  ACCUMULATED DEFICIT, end of period            $(10,179,866)    $(13,016,725
                                                ============     ============
  EARNINGS PER SHARE:
      Net earnings (loss)                       $      0.002     $      0.003
                                                ============     ============

                        See Notes to Financial Statements

                                        5
<PAGE>
                     COX TECHNOLOGIES, INC. AND SUBSIDIARIES
          CONSOLIDATED STATEMENTS OF OPERATIONS AND ACCUMULATED DEFICIT


                                                Nine Months Ended January 31,
                                                -----------------------------
                                                    1999             1998
                                                ------------     ------------
REVENUE
     Sales                                      $  6,912,770     $  6,101,606
                                                ------------     ------------
  COSTS AND EXPENSES
     Cost of sales                                 3,460,477        2,916,058
     General and administrative expenses           1,986,904        1,492,942
     Sales expense                                 1,061,098          934,844
     Interest expense                                108,408           51,521
     Depreciation and depletion                      134,403           29,963
                                                ------------     ------------
     TOTAL EXPENSE                                 6,751,290        5,425,328
                                                ------------     ------------

            INCOME FROM OPERATIONS                   161,480          676,278

  OTHER INCOME (EXPENSE)
     Other income (expense)                         (264,723)          11,515
                                                ------------     ------------
    Earnings (loss) before income taxes              425,753          687,793
    Provisions for income taxes (note B)               6,900           39,231
                                                ------------     ------------

  NET EARNINGS                                       418,853          648,562

  ACCUMULATED DEFICIT, beginning of period       (10,598,719)     (13,665,287)
                                                ------------     ------------
  ACCUMULATED DEFICIT, end of period            $(10,179,866)    $(13,016,725)
                                                ============     ============
  EARNINGS PER SHARE:
     Net earnings (loss)                        $       0.02     $       0.03
                                                ============     ============

                        See Notes to Financial Statements

                                        6
<PAGE>
                     COX TECHNOLOGIES, INC. AND SUBSIDIARIES
                             STATEMENT OF CASH FLOWS

                                                   Nine Months Ended January 31,
                                                   -----------------------------
                                                      1999               1998
                                                   ----------         ---------
CASH FLOW FROM OPERATING ACTIVITIES
 Net earnings (loss)                              $   418,853         $ 648,562
 Adjustments to reconcile net earnings
  to net cash used by operating activities:
  Depreciation and depletion                          134,404            29,963
  Loss on securities                                  180,500                --

CHANGES IN CURRENT ASSETS AND CURRENT LIABILITIES
 (Increase) decrease in current assets:
   Accounts receivable                                 10,397              (557)
   Inventory                                         (582,548)          (51,541)
   Prepaid expenses                                   272,175          (188,197)
   Notes receivable and investments                   (81,884)         (584,956)
   Deferred taxes                                      30,000                --
 (Increase) decrease in current liabilities:
   Accounts payable and accrued expenses              288,799           (85,780)
   Current portion of long-term debt                  722,184           (65,445)
                                                  -----------         ---------
NET CASH FROM OPERATING ACTIVITIES                  1,357,880          (297,951)

CASH FLOW FROM INVESTING ACTIVITIES
 Securities                                           300,000                --
 Goodwill                                          (1,239,941)           28,967
 Purchase of property and equipment                (3,062,351)           39,762
 Repurchase minority interest                            (669)           (2,674)
                                                  -----------         ---------
NET CASH FROM INVESTING ACTIVITIES                 (4,002,961)           66,055
                                                  -----------         ---------
CASH FLOW FROM FINANCING ACTIVITIES
 Long term debt (decrease)                            504,510          (107,961)
 Decrease in subscriptions receivable                   3,037                --
 Issuance Common stock                                843,933                --
 Deposits                                               1,248                --
                                                  -----------         ---------
NET CASH FROM FINANCING ACTIVITIES                  1,352,728          (107,961)
                                                  -----------         ---------

NET INCREASE (DECREASE) IN CASH                    (1,292,353)         (339,887)

CASH, beginning of period                           2,575,945         1,118,019
                                                  -----------         ---------
CASH, end of period                               $ 1,283,592         $ 778,162
                                                  ===========         =========

                        See Notes to Financial Statements

                                        7
<PAGE>
                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                         QUARTER ENDED JANUARY 31, 1999

NOTE A - CASH, NOTES PAYABLE AND COMMON STOCK

In June 1998, the Company acquired Vitsab, AB, a Swedish corporation in exchange
for  3,375,734  shares of the  Company's  unregistered  common  stock  valued at
$843,933  or $0.25 per share and 950,000  shares of the common  stock of VITSAB,
USA,  Inc., a previously  wholly-owned  subsidiary of the Company with 4,750,000
issued shares of common stock  outstanding and the assumption of certain debt in
the amount of $2,300,000 owed by VITSAB, AB to an unrelated company. The Company
borrowed  $1,750,000  from a bank under two notes and  security  agreements  and
liquidated the referenced $2,300,000 for the discounted sum of $1,750,000.

The Company has pledged a  $1,000,000  certificate  of deposit  with the lending
bank as collateral for the $1,750,000  borrowed funds. The loans are all due and
payable  within  one year  from  June  1998.  Under  the  terms of the notes and
security  agreements  the  Company is  obligated  to make  eleven  (11)  monthly
payments of $19,258.01  and one (1) final payment of all  outstanding  principal
and accrued interest due June 17, 1999.

NOTE B - INVENTORY

Inventory at January 31, 1999 and April 30, 1998 consists of the following:

                                     January 31, 1999           April 30, 1998
                                     ----------------           --------------
         Raw materials                   796,342                     364,540
         Work-in-progress                294,716                     352,096
         Finished goods                  532,595                     324,439
         Crude oil                         2,426                        2456
                                      ----------                  ----------
                                      $1,626,079                  $1,043,531
                                      ==========                  ==========
NOTE C - INCOME TAXES

The company and its subsidiaries  file  consolidated  Federal income tax returns
and separate State income tax returns.

NOTE D - COMMITMENTS AND CONTINGENCIES

There have been no changes in the disclosures of commitments,  contingencies and
litigation  as contained in the  Company's  annual report Form 10-K for the year
ended April 30, 1998.

                                       8
<PAGE>
                                                                       FINANCIAL
                                                                     INFORMATION

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
        AND RESULTS OF OPERATIONS

LIQUIDITY AND CAPITAL RESOURCES

At January 31, 1999 the Company had a working  capital of $2,835,526.  This is a
decrease of  $1,946,720  for the nine  months  period May 1, 1998 to January 31,
1999.  This was  primarily  due to the debt of  $1,750,000  incurred  to acquire
Visual Indicator Systems, AB of Sweden (Vitsab, AB) in June 1998.

The Company did incur  increased  long-term debt of $504,510  during the year to
date and  investment in property and  equipment  increased  $2,927,947  with the
acquisition of Vitsab, AB. At present,  cash flow from operations is adequate to
meet the cash requirements and commitments of the Company.  However, the Company
plans to enter into equity,  debt or other  financing  arrangements  to meet its
future financial needs for expansion and:

      (a)   To provide for general working capital needs including the servicing
            of the Vitsab, AB, acquisition debt and operations

      (b)   To repay outstanding liabilities

COMPARISON OF OPERATIONS FOR QUARTER ENDED JANUARY 31, 1999 AND 1998

Net loss for the third  fiscal  quarter  ended  January  31,1999  was $10,753 as
compared  to a net  earnings  of  $62,907  for the  same  period  of  1998.  The
consolidated  loss from  operations for the third quarter ended January 31, 1999
was $102,965 as compared to income of $67,134 for 1998.

                                        9
<PAGE>
COMPARISON OF OPERATIONS FOR THIRD QUARTER - CONTINUED

The following  schedule  reflects the operations of the two industry segments of
the Company for the three months ended January 31, 1999 and 1998.
<TABLE>
<CAPTION>
                                                 Three Months Ended  January  31,
                                       ------------------------------------------------
                                          Oil Production         Temperature Recorders
                                       --------------------    ------------------------
                                         1999        1998         1999          1998
                                         ----        ----         ----          ----
<S>                                    <C>         <C>         <C>           <C>
Sales                                  $     --    $     --    $2,291,382    $1,857,294

Cost of sales                             4,104       3,128     1,148,837       920,424
General & Administrative                 53,063      35,097       737,532       512,884
Sales expense                                --          --       350,985       309,757
Interest                                     --       8,258        40,745         8,357
Depreciation/Amortization                    --         994        59,081         6,921
                                       --------    --------    ----------    ----------
Income (loss) from operations           (57,167)    (47,477)      (45,798)       98,951
Other Income (loss)                     183,692          --      (125,480)       12,263
                                       --------    --------    ----------    ----------
Earnings (loss) before  income taxes    126,525     (47,477)     (171,278)      111,214
Income taxes                             (6,866)        830       (27,134)           --
                                       --------    --------    ----------    ----------
Net earnings (loss)                    $133,391    $(48,307)   $ (144,144)   $  111,214
                                       ========    ========    ==========    ==========
</TABLE>

TEMPERATURE RECORDER OPERATIONS

Sales  increased  $434,088 or 23% in 1999 as compared to the 1998 third  quarter
operations. Cost of sales was 50.1% for 1999 as compared to 49.6% for 1998. This
was primarily due to costs of the new visual tag indicator  operations.  General
and  Administrative  expense  increased  $224,648 or 44% in 1999 over 1998. This
increase was due primarily to R & D expenses  pertaining to new products and the
Vitsab, AB operations.  The increase in interest expense for 1999 as compared to
1998 resulted from indebtedness  incurred in the acquisition of Vitsab,  AB. The
increase in depreciation  and  amortization of $52,160 was due to the visual tag
indicator operations.

OIL PRODUCTION OPERATIONS

Loss from operations  increased  slightly by $9,690 in 1999 as compared to 1998.
This was  primarily  due to general  and  administrative  expense  increases  in
professional  fees and  salaries.  Other  income in 1999 was  realized  from the
settlement of indebtedness at less than the recorded liability.

Net earnings increased $181,698 in 1999 over the net loss of $48,307 in 1998.

                                       10
<PAGE>
COMPARISON OF OPERATIONS FOR THE NINE  MONTHS ENDED JANUARY 31, 1999 AND 1998

There was a  consolidated  net earnings of $418,853 for the period ended January
31,  1999,  as compared to a net earning of $586,965  for the same period  ended
January 31,  1998.  To afford  better  analysis  and  comparison  of the similar
periods of 1999 and 1998,  the following  schedule  segregates the operations by
industry segments and provides a comparison of the oil production operations and
the temperature recorder operations.

<TABLE>
<CAPTION>
INDUSTRY SEGMENT                             OIL PRODUCTION               TEMPERATURE RECORDERS
                                      -----------------------------   -----------------------------
                                      May 1, 1998--   May 1, 1997--   May 1, 1998--   May 1, 1997--
PERIOD                                Jan. 31,1999    Jan. 31,1998    Jan. 31,1999    Jan. 31,1998
                                      ------------    ------------    ------------    ------------
<S>                                    <C>            <C>           <C>              <C>
OPERATIONS:
REVENUE                                     $-0-        $  17,734     $ 6,912,770      $6,083,872
COST OF SALES:
 Cost of sales                             7,390           11,021       3,453,087       2,905,037
 General & administrative expenses       120,262           97,562       1,856,785       1,395,380
 Sales expense                                --               --       1,061,098         934,844
 Interest expense                          9,857           24,774         108,408          26,747
 Depreciation & depletion                     --            2,952         134,403          26,981
                                       ---------        ---------     -----------      ----------

INCOME (LOSS) FROM OPERATIONS           (137,509)        (118,605)        298,989         794,883

OTHER INCOME (EXPENSE):
 Other income (expense)                  422,396          (31,914)       (158,123)         43,434
                                       ---------        ---------     -----------      ----------
 Earnings (loss) before income taxes     284,887         (150,524)        140,866         838,317
 Provisions for income taxes               6,900            1,985             -0-          37,246
                                       ---------        ---------     -----------      ----------
NET EARNINGS (LOSS)                    $ 277,987        $(152,509)    $   140,866      $  801,071
                                       =========        =========     ===========      ==========
</TABLE>

TEMPERATURE RECORDER OPERATIONS

Net  earnings  decreased  $660,205  for the nine months of the  current  year as
compared  to the same  prior year  period.  The  decrease  was due to the visual
indicator tag operations including R & D expenses.

Sales increased $828,898 or 13% in 1999 over the 1998 period. Cost of sales as a
percent of sales was 50% for 1999 and 47.7% for 1998. General and administrative
expenses,  as a  percentage  of sales was 26.9% in 1999 as  compared to 22.9% in
1998.  Sales  expense,  as a  percent  of sales was 15.3% for 1999 and 15.4% for
1998.  Interest,  depreciation  and  depletion  were 35.1% for 1999 and 1.0% for
1998. In the aggregate,  the percentage increases in all categories of costs and
expenses  for 1999 over 1998  amounted  to 19.2% of sales or  $1,326,792.  These
increases were due to visual indicator tag operations,  primarily, together with
other new product development costs and expenses.

                                       11
<PAGE>
COMPARISON OF OPERATIONS FOR NINE MONTHS ENDED JANUARY 31, 1999
AND 1998 (CONTINUED)

OIL PRODUCTION OPERATIONS

There was a decrease of $17,734 in crude oil sales for 1999 as compared to 1998.
This was the result of restricted  production  due to declining oil prices.  The
Company has now restored oil production and crude oil prices have improved.  The
loss from operations  increased by $18,904 for 1999 over 1998.  Other income for
1999 was primarily due to income realized from the settlement of indebtedness at
less than the recorded liability.  Overall net earnings improved by $430,496 for
1999 over the net loss of $152,509 for 1998.

YEAR 2000 DISCLOSURE

1. COMPANY'S STATE OF READINESS

Management  began  addressing the Company's Year 2000 issues over two years ago,
at which  time it was  determined  the  accounting  software  was not Year  2000
compliant.  New software was purchased  and  installed.  The Company  obtained a
written  statement  from the  software  vendor  who  attested  to the Year  2000
readiness of this software. To accommodate this new software the Company updated
its network software with Novell 4.0 to interact with the accounting software in
a manner that will not interfere  with its Year 2000  readiness.  Management has
also reviewed all  electronically  based product software  programs sourced from
third party vendors and have determined they are all Year 2000 compliant.

2. COSTS TO ADDRESS THE COMPANY'S YEAR 2000

The Company has expended  approximately  $15,000 to date in addressing  its Year
2000  readiness.  By management  analysis,  the future outlay for addressing any
perceived Year 2000 issues will not exceed $25,000 including assembly line parts
and supplies under its contingency plan.

3. RISKS OF THE COMPANY'S YEAR 2000 ISSUES

Management's analysis of its Year 2000 readiness indicate there are no Year 2000
issues that will have a material  effect on its business,  results of operations
or financial  condition.  This opinion is based upon the fact that the Company's
accounting  readiness  is now  complete  and all of the  vendors  of  parts  and
supplies  critical to its operations have  acknowledged  Year 2000 readiness and
compliance.

                                       12
<PAGE>
YEAR 2000 DISCLOSURE (CONTINUED)

4. COMPANY'S CONTINGENCY PLANS

If management's analysis of its third party vendor capability is not achieved by
the June 1999 Date, a contingency  plan has been  developed  which  provides for
stockpiling of assembly line parts and  continuing  new vendor  sourcing of Year
2000 compliance vendors.

                          PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

Reference  is made to the annual  report  Form 10-K of the  Company for the year
ended April 30, 1998 relative to legal proceedings and litigation. No charges or
determinations  have occurred on such proceedings  during the quarter covered by
this report.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K.

      (a)   No exhibits are filed as a part of this report.

      (b)   There were no Form 8-K's  filed by the  Company  during the  quarter
            ended January 31, 1999

                                       13
<PAGE>
                                   SIGNATURES


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.

                                    COX TECHNOLOGIES, INC.




Date May 2, 1999                    By /s/ James L. Cox
                                      ------------------------------------
                                      James L. Cox, President and Director


Date May 2, 1999                    By /s/ Robert W. Dupree
                                      ------------------------------------
                                      Robert W. Dupree, Chief Financial Officer

                                       14