1. Name and Address of Reporting Person
William P. Carmichael
808 South Garfield
Hinsdale, Illinois 60521
2. Issuer Name and Ticker or Trading Symbol
Cobra Electronics Corporation
COBR
3. IRS or Social Security Number of Reporting Person (Voluntary)
###-##-####
4. Statement for Month/Year
March 1999
5. If Amendment, Date of Original (Month/Year)
Not Applicable
6. Relationship of Reporting Person to Issuer
xxx Director
Officer (give title below)
___ 10 percent owner
___ Other (specify below)
7. Individual or Joint Group Filing (check applicable line)
xxx Form filed for One Reporting Person
___ Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
1. Title of Security - Common
2. Transaction Date - March 18, 1999 and
March 22, 1999
3. Transaction Code - P
- V
4. Securities Acquired (A) or Disposed of (D)
Amount - 7,000 and 3,000
(A) or (D) - A and A
Price - $3.875 and 3.9583
5. Amount of Securities Beneficially Owned at End of Month
20,000 shares
6. Ownership Form: Direct (D) or Indirect (I) - D
7. Nature of Indirect Beneficial Ownership - Not applicable
TABLE II - DERIVATIVE SECURITES ACQUIRED, DISPOSED OF, OR
BENEFIFIALLY OWNED
1. Title of Derivatie Security - Not applicable
2. Conversion of Exercise Price of Derivative Security - Not
applicable
3. Tracation Date - Not applicable
4. Transaction Code - Not applicable
5. Number of Derivative Securities Acquired (A) or Disposed
of (D) - Not applicable
6. Date Exercisable and Expiration Date - Not applicable
/s/ William P. Carmichael March 29, 1999
Signature of Reporting Person Date
