INTELLIGENT ELECTRONICS INC
10-C, 1995-08-29
COMPUTERS & PERIPHERAL EQUIPMENT & SOFTWARE
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                     SECURITIES AND EXCHANGE COMMISSION
                            Washington, DC  20549

                                  FORM 10-C

               Report by Issuer of Securities Quoted on NASDAQ

                        Interdealer Quotation System

                Filed pursuant to Section 13 or 15(d) of the
               Securities Exchange Act of 1934 and Rule 13a-17
                            or 15d-17 thereunder

                        INTELLIGENT ELECTRONICS, INC.
               (Exact name of issuer as specified in charter)

             411 Eagleview Boulevard, Exton, Pennsylvania  19341
                  (Address of Principal executive offices)

Issuer's telephone number, including area code......(610)458-5500


                 I.  CHANGE IN NUMBER OF SHARES OUTSTANDING

     Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:

1.   Title of security ................................... Common Stock, $.01
                                                           par value per share

2.   Number of shares outstanding before the change ...... 32,461,749

3.   Number of shares outstanding after the change ....... 34,524,731

4.   Effective date of change ............................ August 17, 1995

5.   Method of change:

     Specify method of change (such as merger, acquisition, exchange,
distribution, stock split, reverse split, acquisition of stock for treasury,
etc.).....Exercise of stock options, issuance of Common Stock upon acquisition
of The Future Now, Inc. and repurchase of Common Stock.

     Give brief description of transaction....Since the filing of the last Form
10-C by the Issuer on December 6, 1994, the Issuer issued 390,700 shares of
Common Stock pursuant to the exercise of options granted under the Issuer's
Amended and Restated Non-Qualified Stock Option Plan for Employees and
Directors, and issued 2,952,282 in connection with the acquisition of The
Future Now, Inc. on August 17, 1995.  Also, from December 7, 1994 to August 17,
1995, the Issuer repurchased 1,280,000 shares of its Common Stock. 
<PAGE>
                        II.  CHANGE IN NAME OF ISSUER

1.   Name prior to change ....................................................
2.   Name after change .......................................................
3.   Effective date of charter amendment changing name .......................
4.   Date of shareholder approval of change, if required .....................


Date:  August 29, 1995                            /s/ Edward A. Meltzer
                                                  ------------------------
                                                  Vice President, Treasury
                                                  and Financial Planning
<PAGE>
                        II.  CHANGE IN NAME OF ISSUER

1.   Name prior to change ....................................................
2.   Name after change .......................................................
3.   Effective date of charter amendment changing name .......................
4.   Date of shareholder approval of change, if required .....................



Date:  August 29, 1995                                                       
                                                  Edward A. Meltzer
                                                  Vice President, Treasury
                                                  and Financial Planning



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