CELLSTAR CORP
4/A, 2000-08-17
ELECTRONIC PARTS & EQUIPMENT, NEC
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                                                / Estimated average burden     /
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+--------+
| FORM 4 |                       U.S. SECURITIES AND EXCHANGE COMMISSION
+--------+                               WASHINGTON, D.C. 20549
[_] Check this box if
    no longer subject         STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
    to Section 16.
    Form 4 or Form 5       Filed pursuant to Section 16(a) of the Securities
    obligations may           Exchange Act of 1934, Section 17(a) of the
    continue. See            Public Utility Holding Company Act of 1935 or
    Instruction 1(b).      Section 30(f) of the Investment Company Act of 1940

(Print or Type Responses)

--------------------------------------------------------------------------------
1.  Name and Address of Reporting Person*

       GOLDFIELD                     ALAN                             H.
--------------------------------------------------------------------------------
        (Last)                      (First)                        (Middle)

       1730 Briercroft Court
--------------------------------------------------------------------------------
                                   (Street)

      Carrollton,                     TX                              75006
--------------------------------------------------------------------------------
        (City)                      (State)                           (Zip)


2.  Issuer Name and Ticker or Trading Symbol      CellStar Corporation (CLST)
                                             -----------------------------------

3.  I.R.S. Identification Number of Reporting Person, if an entity
    (voluntary)
                --------------

4.  Statement for Month/Year         July, 2000
                             ---------------------------------------------------

5.  If Amendment, Date of Original (Month/Year)         July, 2000
                                               ---------------------------------


6.  Relationship of Reporting Person(s) to Issuer (Check all applicable)


     X  Director     X  Officer             ___ 10% Owner    ___ Other
    ---             --- (give title below)                       (specify below)

    Chief Executive Officer, Chairman of the Board
    ----------------------------------------------------------------

7.  Individual or Joint/Group Filing (Check Applicable Line)

     X   Form filed by One Reporting Person
    ---
         Form filed by More than One Reporting Person
    ---

Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

<TABLE>
<CAPTION>
------------------------------------------------------------------------------------------------------------------------------------
1. Title              2. Trans-  3. Trans-       4. Securities Acquired (A)        5. Amount of         6. Owner-     7. Nature
   of                    action     action          or Disposed of (D)                Securities           ship          of In-
   Security              Date       Code            (Instr. 3, 4 and 5)               Beneficially         Form:         direct
   (Instr. 3)            (Month/    (Instr. 8)                                        Owned at             Direct        Bene-
                         Day/    -----------------------------------------------      End of               (D) or        ficial
                         Year)                                                        Month                Indirect      Owner-
                                  Code       V   Amount        (A) or    Price        (Instr. 3 and 4)     (I)           ship
                                                               (D)                                         (Instr. 4)    (Instr. 4)
------------------------------------------------------------------------------------------------------------------------------------
<S>                   <C>        <C>         <C> <C>           <C>       <C>       <C>                  <C>           <C>
Common Stock           07-20-2000     P          25,000         A        2.50                                  D*
------------------------------------------------------------------------------------------------------------------------------------
Common Stock           07-20-2000     P          60,000         A        2.4375                                D*
------------------------------------------------------------------------------------------------------------------------------------
Common Stock           07-20-2000     P           5,000         A        2.40625                               D*
------------------------------------------------------------------------------------------------------------------------------------
Common Stock           07-21-2000     P          72,500         A        2.50                                  D*
------------------------------------------------------------------------------------------------------------------------------------
Common Stock           07-24-2000     P          37,500         A        2.50                                  D*
------------------------------------------------------------------------------------------------------------------------------------
                                                                                      200,000
------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------

------------------------------------------------------------------------------------------------------------------------------------
</TABLE>

*If the Form is filed by more than one Reporting Person see Instruction 4(b)(v)
Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.

                           (Print or Type Responses)
* All Shares are held jointly with Shirley Goldfield, spouse of Mr. Goldfield.



<PAGE>
FORM 4 (Continued)


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

<TABLE>
<CAPTION>
-----------------------------------------------------------------------------------------------------------------------------
 1. Title of Derivative            2. Conver-          3. Trans-           4. Transac-            5. Number of Deriv-
    Security (Instr. 3)               sion or             action              tion Code              ative Securities
                                      Exercise            Date                (Instr. 8)             Acquired (A) or
                                      Price of            (Month/                                    Disposed of (D)
                                      Deriv-              Day/                                       (Instr. 3, 4, and 5)
                                      ative               Year)
                                      Security

                                                                           ---------------------------------------------------
                                                                           Code      V                 (A)         (D)

-----------------------------------------------------------------------------------------------------------------------------
<S>                                <C>                 <C>                 <C>       <C>          <C>              <C>

-----------------------------------------------------------------------------------------------------------------------------

-----------------------------------------------------------------------------------------------------------------------------

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-----------------------------------------------------------------------------------------------------------------------------
Explanation of Responses:
</TABLE>

          /s/ ALAN H. GOLDFIELD           AUGUST 8, 2000
        -------------------------------  -----------------
          ALAN H. GOLDFIELD                    Date
          **Signature of Reporting Person


Intentional misstatements or omissions 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.


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