U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING SEC FILE NUMBER
0-21192
CUSIP NUMBER
134624 10 5
[X] Form 10-K and Form 10-KSB [ ] Form 11-K [ ] Form 10-Q and Form 10-QSB
[ ] Form N-SAR
For Period Ended: August 31, 1996
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[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
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If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
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Part I - Registrant Information
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Full Name of Registrant:
Campo Electronics, Appliances and Computers, Inc.
Address of Principal Executive Office (Street and Number):
109 Northpark Boulevard, Suite 500, Covington, Louisiana 70433
_____________________________________________________________________________
City, State and Zip Code
Part II - Rules 12b-25(b) and (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)
[X] (a) The reasons described in reasonable detail in Part III of this
form could not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report
on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be
filed on or before the fifteenth calendar day following the prescribed due
date; or the subject quarterly report or transition report on Form 10-Q, or
portion thereof will be filed on or before the fifth calendar day following
the prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-
25(c) has been attached if applicable.
Part III - Narrative
State below in reasonable detail the reasons why the Form 10-K and Form 10-
KSB, 20-F, 11-K 10-Q and Form 10-QSB, N-SAR, or the transition report or
portion thereof could not be filed within the prescribed period.
As of the date hereof, although the Registrant is in compliance with all
payment covenants, it is not in compliance with certain financial covenants,
contained in its long-term and revolving credit agreements, which could
give the Registrant's lenders the right to accelerate the Registrant's
indebtedness, although to date no such acceleration has occurred. The
Registrant is currently in discussions with its lenders regarding various
options to resolve this status. The Registrant had hoped that it would
come to an agreement with its lenders in time to allow the Form 10-K to be
filed timely. However, it now appears that negotiations with respect to an
appropriate resolution will not be completed for several more weeks.
Because the terms of any such resolution, the form it may take and its
effect on the Registrant's business cannot yet be determined, the Registrant
is unable to complete its Form 10-K report. Among the portions of the
Form 10-K that the Registrant is unable to file at this time is its audited
financial statements because the uncertain status of its negotiations
preclude the Registrant's ability to obtain an audit opinion at this time.
Upon satisfactory completion of an agreement with the lenders with respect
to the Registrant's indebtedness, the Registrant will amend its 1996 Form
10-K to file the completed report.
Part IV - Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Wayne J. Usie, Chief Financial Officer 504 867-5218
___________________________________________________________________________
(Name) (Area Code)(Telephone Number)
(2) Have all other periodic reports required under section 13 or
15(d) of the Securities Exchange Act of 1934 or section 30 of the
Investment Company Act of 1940 during the preceding 12 months or for such
shorter period that the registrant was required to file such report(s) been
filed? If the answer is no, identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report
or portion thereof?
[ ] Yes [X] No
If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why
a reasonable estimate of the results cannot be made.
CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.
___________________________________________________________________________
(Name of Registrant as specified in charter)
has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: November 27, 1996 By: /s/ WAYNE J. USIE
________________________________________
Wayne J. Usie
Chief Financial Officer
