BULL RUN CORP
10-Q/A, 1995-07-10
COMPUTER PERIPHERAL EQUIPMENT, NEC
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<PAGE>
                          U.S. SECURITIES AND EXCHANGE COMMISSION
                                  Washington, D.C.  20549
   
                                       AMENDMENT NO.1
                                            TO
    
                                        FORM 10-QSB


  X    QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934

      For the quarterly period ended March 31, 1995

                                            OR

        TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
        ACT OF 1934

      For the transition period from                                to
          .



      Commission file number   0-9385


                                     Bull Run Corporation
                  (Exact name of registrant as specified in its charter)

                  Georgia                               91-1117599
            (State of incorporation                   (I.R.S. Employer
               or organization)                       Identification No.)

                       4370 Peachtree Road, N.E., Atlanta, GA  30319
                         (Address of principal executive offices)

                                      (404) 266-8333
                                (Issuer's telephone number)



Check whether 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

State  the number of shares outstanding of each  of the issuer's classes
of common equity, as of the latest practicable date:  22,136,727 shares
of Common Stock, par value  $.01 per share, were outstanding as of April
28, 1995.


<PAGE>

   
    

PART II.   OTHER INFORMATION


Item 6.           Exhibits and Reports on Form 8-K

      (a)   Exhibits
               None

      (b)   Reports on Form 8-K
               Bull Run  Corporation filed  a Form  8-K
               Current Report  dated March  29,  1995   disclosing  the
               purchase  of   50%  of  the outstanding  common stock  of
               Capital  Sports  Properties, Inc. Required financial
               statements will be filed as an  amendment to Form 8-K by
               June 12, 1995.


                                  SIGNATURES


Pursuant to the requirements of  the Securities and Exchange Act of
1934, the registrant has  duly caused  this Report  to be  signed on
its behalf by  the undersigned thereunto duly authorized.


                              BULL RUN CORPORATION




Date:  May 10, 1995     By:   /s/ FREDERICK J. ERICKSON

                              Frederick J. Erickson
                              Vice President-Finance, Treasurer
                              and Assistant Secretary

                              (Mr. Erickson is the Chief Financial
                              Officer and has been  duly authorized  to
                              sign on  behalf of the registrant.)


<PAGE>

   

                            INDEX TO EXHIBITS

Exhibit No.       Description

27                Financial Data Schedule filed within.


    

<PAGE>



<TABLE> <S> <C>

   
<ARTICLE> 5
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               MAR-31-1995
<CASH>                                          25,789
<SECURITIES>                                   500,000
<RECEIVABLES>                                3,999,569
<ALLOWANCES>                                    60,000
<INVENTORY>                                  3,499,350
<CURRENT-ASSETS>                             8,076,126
<PP&E>                                       2,521,448
<DEPRECIATION>                                 264,819
<TOTAL-ASSETS>                              41,846,904
<CURRENT-LIABILITIES>                        3,246,479
<BONDS>                                     13,500,000
<COMMON>                                       221,367
                                0
                                          0
<OTHER-SE>                                  23,630,676
<TOTAL-LIABILITY-AND-EQUITY>                41,846,904
<SALES>                                      7,439,031
<TOTAL-REVENUES>                             7,522,864
<CGS>                                        5,160,829
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               449,223
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              90,815
<INCOME-PRETAX>                                461,108
<INCOME-TAX>                                   214,985
<INCOME-CONTINUING>                            267,515
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   267,515
<EPS-PRIMARY>                                      .01
<EPS-DILUTED>                                      .01
        
    

</TABLE>


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