CAMELOT CORP
4, 1998-11-10
PREPACKAGED SOFTWARE
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     FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
                              
 Filed pursuant to Section 16(a) of the Securities Exchange
      Act of 1934, Section 17(a) of the Public Utility
     Holding Company Act of 1935 or Section 30(f) of the
               Investment Company Act of 1940

Name and Address of Reporting Person
Alexander Mark Securities Ltd.
 (Last)
(First)                                        (Middle)
Elthorne Gate, 64 High Street
(Street)

Pinner                   Middlesex                HA5 5QA
City)
(State)
(Zip)

Issuer Name and Ticker or Trading Symbol

CAMELOT CORPORATION  CAML
3.  IRS or Social Security
     Number of Reporting
     Person (Voluntary)

4.  Statement for
     Month/Year
          10/98

5.  If Amendment,
     Date of Original
     (Month/Year)

6.  Relationship of Reporting Person to Issuer  (Check all
applicable)
                              
           __Director         _____10% Owner
     _____Officer (give       _____Other (specify
                              title                   below)
                               below)
Could be deemed to be part of a group
________________________

 Table 1 - New-Derivative Securities Acquired, Disposed of,
                    or Beneficially Owned

1.  Title of Security  (Instr. 3)
Common Stock

Transaction  Date (Month/Day/ Year)

Transaction  Code  (Instr. 8)

4.  Securities Acquired (A)  or Disposed of (D)  (Instr. 3,4
and 5)

Amount of Securities  Beneficially Owned at End of  Month
(Instr. 3 and 4)
              2,733 (D)
57,633 (I)


 6.  Ownership  Form: Direct (D) or Indirect (I)  (Instr. 4)
            2,733 (D)
57,633 (I)



7.  Nature  of Indirect Beneficial Ownership   (Instr. 4)
                See note


<PAGE>

 Table II - Derivative Securities Acquired, Disposed of, or
                     Beneficially Owned
     (e.g., puts, calls, warrants, options, convertible
                         securities)


Title of Derivative Security  (Instr. 3)

 Options

Conversion or Exercise Price of Derivative Security


Transaction Date (Month/ Day/ Year)

Transaction Code  (Instr. 8)


Number of Derivative Securities Acquired (A) or Disposed of
(D)  (Instr. 3,4, and 5)


Date Exercisable and Expiration Date (Month/Day/Year)


Title and Amount of Underlying Securities (Instr. 3 and 4)
           Title                               Amount or
Number of Shares
 Common Shares      300,000


Price  of Derivative Security (Instr.5).


Number of Derivative Securities Beneficially Owned at End
of  Month  (Instr. 4)
                                      300,000     (I)


10.  Ownership Form of Derivative Security: Direct  (D) or
Indirect (I) (Instr. 4)
                              300,000     (I)


Nature of Indirect Beneficial  Ownership  (Instr. 4)

             See note.


Explanation  of Responses: The reporting person  owns  2,733
common  shares  of  the Issuer and the reporting  person  is
owned  by the children of Mr. Wettreich, a director  of  the
reporting  person, the Issuer, Alexander Mark Capital,  Ltd,
("AMC"),  and  AM  Investments, Ltd (AM) which  owns  57,633
shares  of  the Issuer and is owned by  AMC.  The  reporting
person may be deemed to be a part of a group though there is
no  agreement to act as a group.  Mr. Wettreich individually
owns options to purchase 300,000 shares of the Issuer.   Mr.
Wettreich's wife and children own all the outstanding shares
of  AMC.    The  reporting person disclaims  any  beneficial
ownership   in  any  shares  not  owned  directly   by   it.
Registrant  effected a 1 for 40 Reverse Stock Split  on  all
outstanding  common  shares and options effective  July  15,
1997.



BY:  /S/ ALEXANDER MARK SECURITIES LTD.
     ALEXANDER MARK SECURITIES LTD.




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