COMPUTER POWER INC
4, 1999-02-16
ELECTRICAL INDUSTRIAL APPARATUS
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[] Check this box if no longer subject to
   Section 16. Form 4 or Form 5 obligations
   may continue. See Instruction 1(b).
                                     FORM 4
           STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

<TABLE>
<CAPTION>
<S>                                <C>                                                <C>                                          
1. Name and Address of Reporting   2. Issuer Name and Ticker or Trading               6. Relationship of Reporting Person to Issuer
   Person                             Symbol                                                       (check all applicable)
ARK DIRECT CAPITAL FUND, L.P.         Computer Power Inc.
(Last)     (First)     (Middle)        "CUWR"                                             _____Director           X  10% Owner
                                     --------------------------                                                     
                                   3. IRS or Social Security     |4.Statement for         _____Officer  (give    ____Other (Specify)
130 North Wacker Street-Suite 2650    Number of Reporting        |   Month/Year                           title              below) 
- ----------------------------          Person (Voluntary)         |    01  / 99                            
      (Street)                                                                                           
                                                        
chicago, Illinois 60606                                          |5. If Amendment,                           
(City)      (State)       (Zip)                                  |   Date or Orignial
                                                                 |   (Month/Year)

                                     Table I--Non-Derivative Securities Beneficially Owned  7. Individual or Joint/Group Filing    
                                                                                              X  Form filed by One Reporting Person
                                                                                              Form filed by More than One Reporting
                                                                                              Person

</TABLE>



<TABLE>
<CAPTION>
<S>                       <C>         <C>            <C>                          <C>                  <C>          <C>      
1. Title of Security      2. Trans-  |3. Trans-     |4. Securities Acquired (A)   5. Amount of        |6. Owner-   |7. Nature
   (Instr. 3)                Action  |   action     |   or Disposed of (D)           Securities       |   ship     |   of In-
                             Date    |   Code       |   (Instr. 3, 4 and 5)          Beneficially     |   Form     |   direct
                                     |   Instr. 8)  |                                Owned at         |   Direct   |   Bene-
                                     |              |                                End of           |   (D) or   |   ficial
                             (Month/ |                                               Month            |   Indirect |   Owner-
                                      -------------------------------------------
                              Day/   |        |     |          |        |            Instr. 3 and 4)  |   (I)      |   ship
                              Year)  |  Code  |  V  |  Amount  | (A) or | Price                       | Instr. 4)  |   Instr. 4)
                                     |        |     |          |  (D)   |                             |            |
   Common Stock           02/11/99   |   P    |  V  |  510,000 |  A     | $0.2549    1,000,000        |     I      |Equity Owner
                                                                                                                    of Public
                                     |        |     |          |        |                             |            |Access
                                     |        |     |          |        |                             |            |Lighting,L.L.C.,
                                     |        |     |          |        |                             |            |the record
                                     |        |     |          |        |                             |            |owner
                                     |        |     |          |        |                             |            |of the subject
                                     |        |     |          |        |                             |            |Securities
========================  ======================================================= =================================================
</TABLE>

   Reminder:  Report on a separate line for each class of securities 
              beneficially owned directly or indirectly.

                                                    (Print or Type Responses)
   Form4-99.LAR


<PAGE>


Form 4 (continued)
  Table  II-Derivative Securities Acquired,  Disposed of, or Beneficially Owned
         (e.g.,  puts,  calls, warrants options, convertible securities)

<TABLE>
<CAPTION>
<S>            <C>          <C>          <C>         <C>                  <C>            <C>                  <C>       <C>         
1. Title of    2. Conver-   3. Trans-    4. Trans-   5. Number of Deriv-  6 Date Exer-   7. Title and Amount  8. Price  9. Number   
   Derivative     sion or      action       action      ative Securities    cisable and     of Underlying        of        of       
   Security       Exercise     Date         Code        Acquired (A) or     Expiration      Securities          Deriv-     Deriv-   
   (Instr. 3)     Price of     (Month/      (Instr.     Disposed of (D)     Date            (Instr. 3 and 4)    ative      ative    
                  Deriv-        Day/         8)         (Instr. 3           (Month/Day/                         Secur-     Secur-   
                  ative         Year)                    4 and 5)            Year)                              ity        ities    
                  Security                                                                                      (Instr.    Bene-    
                                                                                                                5)         ficially 
                                                                                                                           Owned    
                                                                                                                           at End   
                                                                                                                           of       
                                                                                                                           Month    
                                                                                                                           (Instr.  
                                                                                                                            4)      



                                                                               |                 |
                                                                          Date |Expira-          | Amount or
                                                                          Exer-|tion       Title | Number of
                                                                          cisa-|Date             |  Shares
                                                                          ble  |                 |
                                                                               |                 |
                                              |                |               |                 |
                                         Code | V       (A)    |    (D)        |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
                                              |                |               |                 |
=================== ===========  ============ ==========  ===================  =============  ===================  ========  ======
</TABLE>

 Explanation of Responses:

<PAGE>
                                                                                

10. Owner        11. Na-              
    ship             ture             
    Form             of In-           
    of De-           direct           
    rivative         Bene-            
    Secu-            ficial           
    rity             Own-             
    Direct           ership           
    (D) or          (Instr.           
    Indi-            4)               
    rect                              
    (I)                               
    (Instr.                           
     4)                               
                                      
                                      
 ================ =============== 
 Explanation of Responses:
                                   ARK DIRECT CAPITAL FUND, L.P.
                                     
                                   By s/Steven Sprindis        February 12,1999
                                      Steven Sprindis, Associate

                                      
**Intentional misstatements or ommissions of facts constitute Federal Criminal
  Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a)

Note:  File three copies of this Form, one of which must be manually signed.
       If space provided is insufficient, see Instruction 6 for procedure.
<PAGE>


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