8-K

               SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, D.C. 20549



                            Form 8-K

                         CURRENT REPORT

               Pursuant to Section 13 or 15(d) of
               the Securities Exchange Act of 1934

  Date of Report (Date of earliest event reported):  October 8, 2003

                   Comtex News Network, Inc.
     (Exact name of registrant as specified in its charter)

    Delaware                0-10541         13-3055012
(State  or
 other jurisdiction    (SEC File Number)  (I.R.S.  Employer
 of incorporation)                        Identification No.)


Registrant's telephone number, including area code:    (703) 820-2000


                         Not Applicable
 (Former name or former address, if changed since last report)



Item 4.   Change in Registrant's Certifying Accountant

          (a)   On  October  8, 2003, Ernst & Young  LLP  ("E&Y")
     resigned  as  the  outside  independent  auditor   for   the
     Registrant.   The  Registrant has  engaged  Goldstein  Golub
     Kessler,   LLP  ("GGK")  as  its  new  independent  auditor,
     effective October 14, 2003.

          E&Y's  reports on the consolidated financial statements
     of  the Registrant for the past two fiscal years ended  June
     30,  2003 and June 30, 2002 did not contain adverse  opinion
     or  a  disclaimer  of  opinion and  were  not  qualified  or
     modified  as  to  uncertainty,  audit  scope  or  accounting
     principles,  except that the report of E&Y  on  Registrant's
     financial statements for the fiscal year ended June 30, 2003
     indicated there was substantial doubt regarding Registrant's
     ability  to continue as a going concern.  GGK has been engaged
     to  audit  the  consolidated  financial  statements  of  the
     Registrant as of and for the year ending June 30, 2004.  The
     engagement  of  GGK  was approved by the Registrant's  Audit
     Committee.

          During  the  two  years ended June  30,  2003  and  the
     interim  period  through  the  date  of  this  Report,   the
     Registrant  had no disagreements with E&Y on any  matter  of
     accounting  principles  or  practices,  financial  statement
     disclosure   or   auditing   scope   or   procedure    which
     disagreements, if not resolved to the satisfaction  of  E&Y,
     would have caused it to make reference to the subject matter
     of the disagreements in connection with its report.

          The   Registrant  has  provided  E&Y  a  copy  of   the
     disclosures contained in this Report, which was received  by
     E&Y  on  the  date  of  this  Report.   The  Registrant  has
     requested  E&Y to furnish the Registrant with  a  letter  in
     response  to Item 304(a) of Regulation S-K.  Such letter  is
     included in this Report as Exhibit 16.1.

          (b)   GGK was engaged by the Registrant on October  14,
     2003  to audit the consolidated financial statements of  the
     Registrant  as  of and for the year ending  June  30,  2004.
     During  the two years ended June 30, 2003 and the subsequent
     interim  period  through  the  date  of  this  Report,   the
     Registrant  did not consult with GGK regarding  any  of  the
     matters set forth in Item 304(a)(2)(i) or (ii) of Regulation
     S-K.


Item 7.   Financial Statements and Exhibits

     Exhibits

     Exhibit Number      Exhibit Description

        16.1             Letter of Ernst &  Young
                         LLP   regarding  change  in   certifying
                         accountant

                           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, hereunto duly authorized.

                                   COMTEX NEWS NETWORK, INC.


DATE:  October 14, 2003            By:  /s/ Stephen W. Ellis
                                   Stephen W. Ellis
                                   Chairman  and Chief  Executive
                                   Officer




EXHIBIT 16.1

               [letterhead of Ernst & Young, LLP]

October 14, 2003

Securities and Exchange Commission
450 Fifth St., N.W.
Washington, D.C. 20549

Gentlemen:

We  have  read Item 4 of the Form 8-K dated October 14,  2003  of
Comtex  News  Network,  Inc.  and  are  in  agreement  with   the
statements contained in the first sentence of paragraphs 1 and 2,
and  the statements in paragraphs 3, 4, and 5.  We have no  basis
to  agree  or  disagree with other statements of  the  Registrant
contained therein.



/s/ Ernst & Young, LLP

EX-16.1

EXHIBIT 16.1

               [letterhead of Ernst & Young, LLP]

October 14, 2003

Securities and Exchange Commission
450 Fifth St., N.W.
Washington, D.C. 20549

Gentlemen:

We  have  read Item 4 of the Form 8-K dated October 14,  2003  of
Comtex  News  Network,  Inc.  and  are  in  agreement  with   the
statements contained in the first sentence of paragraphs 1 and 2,
and  the statements in paragraphs 3, 4, and 5.  We have no  basis
to  agree  or  disagree with other statements of  the  Registrant
contained therein.



/s/ Ernst & Young, LLP