FORM 12b-25
                        NOTIFICATION OF LATE FILING

                                                     SEC FILE NUMBER
                                                     0-6933

                                                     CUSIP NUMBER
                                                     132008


                               UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, DC  20549

                                 FORM 10-Q
                    For Period Ended: July 4, 1998


PART 1 - REGISTRANT INFORMATION (OFFICIAL TEXT)

Full Name of Registrant:

       CAMBEX CORPORATION

Address of Principal Executive Office (Street and Number)

       360 SECOND AVENUE
       WALTHAM, MA  02451

PART II -    RULES 12b-25(b) and (c) OFFICIAL TEXT

       The subject report could not be filed without unreasonable effort or 
expense and the registrant seeks relief pursuant to Rule 12b-25(b) as follows:
       
       (b)The subject quarterly report on Form 10-Q or portion thereof, will
          be filed on or before the fifteenth calendar day following the
          prescribed due date.

PART III - NARRATIVE (OFFICIAL TEXT)

       State below in reasonable detail the reasons why the Form 10-Q or the 
transition report or portion thereof, could not be filed within the prescribed 
time period.  

       The Form 10-Q for the period ended July 4, 1998 cannot be filed 
       within the prescribed time period because additional time is required 
       to complete the preparation of the second quarter financial statements
       due to the delay in the 1997 audit.

PART IV - OTHER INFORMATION (OFFICIAL TEXT)

(1)    Name and telephone number of person to contact in regard to this 
notification:

       Joseph F. Kruy            781 - 890-6000

(2)    All other periodic reports required under Section 13 or 15(d) of the 
       Securities Exchange Act of 1934 or Section 30 of the Investment 
       Company Act of 1940 during the preceding 12 months or for such shorter 
       period that we, the registrant, were required to file such report(s) 
       have been filed.

(3)    Is it anticipated that any significant change in results of
       operations from the corresponding period for the last fiscal year
       will be reflected by the earnings statement to be included in the
       subject report or portion thereof?

       Revenues are anticipated to be down approximately 75% from the period
       ended June 28, 1997.  






                             CAMBEX CORPORATION
                (Name of Registrant As Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned 
hereunto duly authorized.  

Date:  August 18, 1998
By:    Joseph F. Kruy

       Joseph F. Kruy
       President, CEO