CAM DESIGNS INC
10QSB/A, 1997-01-15
ENGINEERING SERVICES
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<PAGE>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 AMENDMENT NO. 1
                                   FORM 10-QSB

(Mark One)

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

                For the quarterly period ended November 30, 1996

 [ ]      TRANSITION REPORT UNDER SECTION 13 or 15(d) OF THE
          EXCHANGE ACT

              For the transition period from ________ to ________

                         Commission file number 1-13886
                                                -------

                                  CAM DESIGNS INC.
       -----------------------------------------------------------------
       (Exact name of small business issuer as specified in its charter)

           Delaware                                             75-2257039
- -------------------------------                             ------------------
(State or other jurisdiction of                               (IRS Employer
 incorporation or organization)                             Identification No.)

                   Birmingham Road, Allesley Coventry CV59QE
                   -----------------------------------------
                    (Address of principal executive offices)

                              (011) 44-203-407-700
                          ---------------------------
                          (Issuer's telephone number)


             ----------------------------------------------------
             (Former name, former address and former fiscal year,
                         if changed since last report)

Check whether the 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
                                                               -----   -----
As of January 1, 1997, there were 2,250,000 shares of Class A Common Stock
issued and outstanding.

TOTAL PAGES IN THIS REPORT:  3 (including cover page & Exhibit)

<PAGE>


                                   SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report on Form 10-QSB to be signed on its
behalf by the undersigned thereto duly authorized.

Dated:  January 15, 1997

                                    CAM DESIGNS, INC.


                                    /s/ John R. Davidson
                                    -------------------------------------
                                    John R. Davidson
                                    Chairman of the Board,
                                    President and Chief Executive Officer
                                    (Principal Executive Officer)



                                    /s/ Robert A. Righton
                                    -------------------------------------
                                    Robert A. Righton
                                    Chief Financial Officer and Treasurer
                                    (Principal Financial Officer)


<TABLE> <S> <C>


<ARTICLE>      5
<LEGEND>
The schedule contains summary financial information extracted from the
consolidated financial statements and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<MULTIPLIER>   1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>               NOV-30-1996
<PERIOD-START>                  JUN-01-1996
<PERIOD-END>                    NOV-30-1996
<CASH>                            2,488,905
<SECURITIES>                              0
<RECEIVABLES>                     4,686,300
<ALLOWANCES>                              0
<INVENTORY>                       1,258,610
<CURRENT-ASSETS>                  8,865,921
<PP&E>                            9,669,299
<DEPRECIATION>                    5,720,405
<TOTAL-ASSETS>                   12,816,485
<CURRENT-LIABILITIES>             5,997,307
<BONDS>                                   0
                     0
                               0
<COMMON>                          5,720,530
<OTHER-SE>                                0
<TOTAL-LIABILITY-AND-EQUITY>     12,816,485
<SALES>                          12,919,595
<TOTAL-REVENUES>                 12,919,595
<CGS>                            12,357,444
<TOTAL-COSTS>                    12,357,449
<OTHER-EXPENSES>                          0
<LOSS-PROVISION>                          0
<INTEREST-EXPENSE>                   16,570
<INCOME-PRETAX>                     590,243
<INCOME-TAX>                        199,080
<INCOME-CONTINUING>                 590,243
<DISCONTINUED>                            0
<EXTRAORDINARY>                           0
<CHANGES>                                 0
<NET-INCOME>                        391,163
<EPS-PRIMARY>                          .167
<EPS-DILUTED>                          .167
        

</TABLE>


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