EXHIBIT 99

                         NEWS RELEASE

OCTOBER 21, 1998                   CONTACT:  MALCOLM BALLINGER
                                               PRESIDENT & CEO
                                                (504) 867-5000


FOR IMMEDIATE RELEASE

           CAMPO ELECTRONICS, APPLIANCES AND COMPUTERS, INC.
                      CLOSES STORES; NAMES NEW CFO

NEW  ORLEANS, LOUISIANA - OCTOBER 21, 1998 - CAMPO ELECTRONICS, APPLIANCES
AND COMPUTERS,  INC.  (OTC BULLETIN BOARD-CMPOQ) announced today that it
has closed its retail store  locations  in anticipation of a sale of the
assets of the Company expected to be approved  by  the  U.S.  Bankruptcy
Court on Monday, October 26, 1998.

The  Company  also announced that Michael G. Ware has resigned as  Chief
Financial Officer,  and the Board has named David R. Grego, formerly the
Controller  of  the Company  as  Chief  Financial  Officer.   The  Board
expresses its appreciation to Mr. Ware for his service to the Company.

Campo Electronics,  Appliances and Computers, Inc., headquartered in the
New Orleans, metropolitan  area,  is  a specialty retailer of name brand
consumer  electronics,  major  appliances,  computers  and  home  office
products with 20 stores in the southern United States.