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) September 23, 1998


         CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.
            (Exact name of registrant as specified in its charter)


         Louisiana                   0-21192                72-0721367
(State or other jurisdiction  (Commission File Number)    (IRS Employer
       of incorporation)                                Identification No.)

109 Northpark Blvd., Covington, Louisiana                     70433
(Address of principal executive offices)                   (Zip Code)



                              (504) 867-5000
             (Registrant's telephone number, including area code)


                                    N/A
        (Former name or former address, if changed since last report.)



ITEM 5.   OTHER EVENTS

     On  September  23,  1998, Campo Electronics, Appliances and Computers,
Inc. (the "Registrant"), filed the press release attached hereto as Exhibit
99.1.

ITEM 7.   FINANCIAL STATEMENTS AND EXHIBITS.

     (a)  Exhibits.

          99.1 Press release  issued  by  the  Registrant  on September 23,
               1998.




                            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.

                              CAMPO  ELECTRONICS, APPLIANCES AND COMPUTERS,
                              INC.



                              By:   /S/ MICHAEL G. WARE
                                           Michael G. Ware
                                       Chief Financial Officer

Dated: October 6, 1998

EX-99.1

  C A M P O
  ELECTRONICS, APPLIANCES AND COMPUTERS, INC.



                           N EW S    R E L E A S E

SEPTEMBER 23, 1998
                                                CONTACT:   WILLIAM E. WULFERS
                                                           PRESIDENT & CEO
                                                           (504) 867-5000

FOR IMMEDIATE RELEASE

 CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC. TO EXPLORE
                    STRATEGIC ALTERNATIVES

NEW  ORLEANS,  LOUISIANA  -  SEPTEMBER  23,  1998  -  CAMPO  ELECTRONICS,
APPLIANCES AND COMPUTERS, INC. (OTC BULLETIN  BOARD  -  CMPOQ)  announced
today  that it has retained Grisanti, Galef & Goldress, Inc. as financial
advisor  to explore potential strategic and reorganizational alternatives
for the Company,  including  a  sale  or merger of the Company or sale of
certain of its assets, among other possibilities.   The  Company  said no
decision has been made to pursue particular alternatives, and that  there
can   be  no  assurance  that  any  transaction  would  result  from  the
exploration process.

The Company, which filed a voluntary petition to reorganize under Chapter
11 of the  U.S. Bankruptcy Code on June 4, 1997, said pressure from giant
retailers and  retail  price deflation in key product categories has made
financial stability difficult to maintain.  The Company said its Board of
Directors  decided  to pursue  this  course  of  action  due  to  Campo's
continued poor performance and a sustained decrease in cash flow over the
past fiscal year, making  it  unlikely  that  the  Company will return to
profitability in the near future.  Due to the Company's current financial
condition, it is unlikely that a plan of reorganization  or  the proceeds
of  any  sale of the Company or its assets will be sufficient to  provide
any return to shareholders on their investment in the Company.

Grisanti, Galef & Goldress, Inc., headquartered in Atlanta, Georgia, is a
management   consulting  firm  that  specializes  in  crisis  management,
turnarounds, and mergers and acquisitions.

Campo Electronics,  Appliances  and Computers, Inc., headquartered in the
New Orleans metropolitan area, is  a  specialty  retailer  of  name brand
consumer   electronics,  major  appliances,  computers  and  home  office
products with 20 stores in the southern United States.




109 NORTHPARK BLVD. - 5TH FLOOR COVINGTON, LOUISIANA  70433  504-867-5000