SECURITIES AND EXCHANGE COMMISSION 
                                WASHINGTON, D.C. 20549
                                     ____________

                                       FORM 8-K
                                     ____________




                                    CURRENT REPORT


                          Pursuant to Section 13 or 15(d) of
                         the Securities Exchange Act of 1934



                                    Date of Report
                                    August 5, 1994



                            Commission file number  1-8948

   
                               INTELOGIC TRACE, INC.
           (Exact name of registrant as specified in its charter)

         New York                              74-2368260      
 (State or other jurisdiction of          (I. R. S. Employer     
  incorporation or organization)          Identification No.)      


  Turtle Creek Tower I
  P. 0. Box 400044, San Antonio, Tx.          78229-8415     
  (Address of principal executive offices)    (Zip Code)     

                          210-593-5700                    
        (Registrant's telephone number, including area code)
             

                                                                           

          Item  3.  BANKRUPTCY OR RECEIVERSHIP

               Intelogic Trace,  Inc. filed a voluntary  petition on August
          5, 1994  under Chapter  11 of  the Bankruptcy  Act, Case  No. 94-
          52172-C, in the United  States Bankruptcy Court, Western District
          of Texas, San  Antonio Division, Judge  Leif M. Clark  presiding.
          Intelogic Trace,  Inc., as Debtor in Possession, will continue to
          operate and manage its affairs.  Intelogic Trace, Inc. also filed
          on August 5, 1994, a proposed Chapter 11 plan, a copy of which is
          attached as an Exhibit to this report.  The plan has not yet been
          approved by the Bankruptcy Court.

          Item 7.  FINANCIAL STATEMENTS AND EXHIBITS

               (c)  Exhibits.   Chapter  11 Plan of  Intelogic Trace,  Inc.
          dated August 5, 1994.











                                      SIGNATURE

          Pursuant to  the requirements of  the Securities Exchange  Act of
          1934, the registrant has duly caused this  report to be signed on
          its behalf by the undersigned hereunto duly authorized.

                                        INTELOGIC TRACE, INC.              
                           




          Date: August 5, 1994        By:  /Philip D. Freeman            
                                      Philip D. Freeman                        
                                      Senior Vice President,
                                      General Counsel and Secretary
           

                              EXHIBIT INDEX

                                                  Sequentially
   Exhibit No.          Description               Numbered Pages

     2.1          Chapter 11 Plan of Intelogic         4
                  Trace, Inc.