<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-QSB
AMENDMENT NO. 2
[ X ] QUARTERLY REPORT UNDER SECTION 13 or 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the Quarterly Period Ended May 31, 1995
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[ ] TRANSITION REPORT UNDER SECTION 13 or 15(d) OF THE
EXCHANGE ACT
For the transition period from ______________ to _______________
Commission File No. 0-5954
COMPUTER RESEARCH, INC.
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(Exact name of small business issuer as specified in its charter)
Pennsylvania 25-1201499
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(State or other jurisdiction of I.R.S. Employer
incorporation or organization) Identification No.
Cherrington Corporate Center, Building 200, Coraopolis, Pennsylvania 15108
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(Address of principal executive offices)
(412) 262-4430
---------------------------
(Issuer's telephone number)
________________________________________________________________________________
(Former name, former address and former fiscal year,
if changed since last report)
Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 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
Check whether the registrant filed all documents and reports required to be
filed by Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. Yes _____ No _____
APPLICABLE ONLY TO CORPORATE ISSUERS
State the number of shares outstanding of each of the issuer's classes of
common equity, as of the latest practicable date:
3,883,895
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<PAGE> 2
SIGNATURES
In accordance with the requirements of the Exchange Act, the
Registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
COMPUTER RESEARCH, INC.
-----------------------
(Registrant)
Date September 25, 1995 JAMES L. SCHULTZ
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James L. Schultz,
President & Treasurer
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EXHIBIT INDEX
EXHIBIT
NUMBER
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27 Financial Data Schedule
<TABLE> <S> <C>
<ARTICLE> 5
<CIK> 0000201511
<NAME> COMPUTER RESEARCH, INC.
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-01-1994
<PERIOD-END> MAY-31-1995
<EXCHANGE-RATE> 1
<CASH> 650,462
<SECURITIES> 0
<RECEIVABLES> 857,350
<ALLOWANCES> (30,000)
<INVENTORY> 102,126
<CURRENT-ASSETS> 1,632,832
<PP&E> 5,057,963
<DEPRECIATION> 4,847,550
<TOTAL-ASSETS> 1,844,586
<CURRENT-LIABILITIES> 813,019
<BONDS> 0
<COMMON> 3,107
0
0
<OTHER-SE> 1,005,500
<TOTAL-LIABILITY-AND-EQUITY> 1,844,586
<SALES> 70,083
<TOTAL-REVENUES> 4,462,164
<CGS> 45,322
<TOTAL-COSTS> 4,260,459
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 10,000
<INTEREST-EXPENSE> 8,581
<INCOME-PRETAX> 201,705
<INCOME-TAX> 9,000
<INCOME-CONTINUING> 192,705
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 192,705
<EPS-PRIMARY> .05
<EPS-DILUTED> .05
</TABLE>
