FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
                              
 Filed pursuant to Section 16(a) of the Securities Exchange
      Act of 1934, Section 17(a) of the Public Utility
     Holding Company Act of 1935 or Section 30(f) of the
               Investment Company Act of 1940

1.   Name and Address of Reporting Person
Alexander Mark Capital, Ltd.
 (Last)            (First)          (Middle)
Elthorne Gate, 64 High Street
 (Street)

Pinner         Middlesex           HA5 5QA
(City)           (State)              (Zip)

2.   Issuer Name and Ticker or Trading Symbol

CAMELOT CORPORATION  CAML
3.  IRS or Social Security
     Number of Reporting
     Person (Voluntary)

4.  Statement for
     Month/Year
          5/98

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

6.  Relationship of Reporting Person to Issuer  (Check all
applicable)
                              
           __Director         _____10% Owner
     _____Officer (give       _____Other (specify
                              title                   below)
                               below)
Could be deemed to be part of a group
________________________

 Table 1 - New-Derivative Securities Acquired, Disposed of,
                    or Beneficially Owned

1.  Title of Security  (Instr. 3)
Common Stock

2.   Transaction  Date (Month/Day/ Year)

3.   Transaction  Code  (Instr. 8)

4.  Securities Acquired (A)  or Disposed of (D)  (Instr. 3,4
and 5)

5.   Amount of Securities  Beneficially Owned at End of
  Month (Instr. 3 and 4)

     154,076  (I)


 6.  Ownership  Form: Direct (D) or Indirect (I)  (Instr. 4)
           154,076(I)


7.  Nature  of Indirect Beneficial Ownership   (Instr. 4)
                See note


<PAGE>

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


1.   Title of Derivative Security  (Instr. 3)

 Options

2.   Conversion or Exercise Price of Derivative Security


3.   Transaction Date (Month/ Day/ Year)

4.   Transaction Code  (Instr. 8)


5.   Number of Derivative Securities Acquired (A) or
  Disposed of (D)  (Instr. 3,4, and 5)


6.   Date Exercisable and Expiration Date (Month/Day/Year)


7.   Title and Amount of Underlying Securities (Instr. 3 and
  4)
           Title                               Amount or
Number of Shares
 Common Shares      379,375


8.   Price  of Derivative Security (Instr.5).


9.   Number of Derivative Securities Beneficially Owned at
  End  of  Month  (Instr. 4)
                                      379,375     (I)


10.  Ownership Form of Derivative Security: Direct  (D) or
Indirect (I) (Instr. 4)
                              379,375     (I)


11.  Nature of Indirect Beneficial  Ownership  (Instr. 4)

             See note.
 Explanation of Responses: The reporting person owns AM
Investments, Ltd. ("AMI") which owns 57,633 common shares of
the Issuer and Alexander Mark Securities, Ltd. ("AMS") owns
2,733 common shares of the Issuer.  The reporting person
could be deemed to be part of a group though there is no
agreement to act as such.  A Director of the reporting
person, Daniel  Wettreich, is a Director of Meteor
Technology, plc ("MT") which owns 80,960 common shares of
the Issuer, AMI and AMS.  The reporting person is owned by
Mr. Wettreich, his wife and children.  Mr. Wettreich owns
11,250 shares of the Issuer and options to purchase 300,000
shares of the Issuer.  Jeanette Fitzgerald is a Director of
the Issuer, and MT, and owns 1,500 shares and options to
purchase 79,375 shares.  The reporting person disclaims any
beneficial ownership in any shares not owned directly by it.
Registrant effected a 1 for 40 Reverse Stock Split on all
outstanding common shares and options effective July 15,
1997.



BY:  /S/ ALEXANDER MARK CAPITAL, LTD.
     ALEXANDER MARK CAPITAL, LTD.
[{"type": "4", "sequence": "1", "secsgml_size_bytes": 3928}]
FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
                              
 Filed pursuant to Section 16(a) of the Securities Exchange
      Act of 1934, Section 17(a) of the Public Utility
     Holding Company Act of 1935 or Section 30(f) of the
               Investment Company Act of 1940

1.   Name and Address of Reporting Person
Alexander Mark Capital, Ltd.
 (Last)            (First)          (Middle)
Elthorne Gate, 64 High Street
 (Street)

Pinner         Middlesex           HA5 5QA
(City)           (State)              (Zip)

2.   Issuer Name and Ticker or Trading Symbol

CAMELOT CORPORATION  CAML
3.  IRS or Social Security
     Number of Reporting
     Person (Voluntary)

4.  Statement for
     Month/Year
          5/98

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

6.  Relationship of Reporting Person to Issuer  (Check all
applicable)
                              
           __Director         _____10% Owner
     _____Officer (give       _____Other (specify
                              title                   below)
                               below)
Could be deemed to be part of a group
________________________

 Table 1 - New-Derivative Securities Acquired, Disposed of,
                    or Beneficially Owned

1.  Title of Security  (Instr. 3)
Common Stock

2.   Transaction  Date (Month/Day/ Year)

3.   Transaction  Code  (Instr. 8)

4.  Securities Acquired (A)  or Disposed of (D)  (Instr. 3,4
and 5)

5.   Amount of Securities  Beneficially Owned at End of
  Month (Instr. 3 and 4)

     154,076  (I)

 6.  Ownership  Form: Direct (D) or Indirect (I)  (Instr. 4)
           154,076(I)

7.  Nature  of Indirect Beneficial Ownership   (Instr. 4)
                See note
Table II - Derivative Securities Acquired, Disposed of, or
                     Beneficially Owned
     (e.g., puts, calls, warrants, options, convertible
                         securities)

1.   Title of Derivative Security  (Instr. 3)

 Options

2.   Conversion or Exercise Price of Derivative Security

3.   Transaction Date (Month/ Day/ Year)

4.   Transaction Code  (Instr. 8)

5.   Number of Derivative Securities Acquired (A) or
  Disposed of (D)  (Instr. 3,4, and 5)

6.   Date Exercisable and Expiration Date (Month/Day/Year)

7.   Title and Amount of Underlying Securities (Instr. 3 and
  4)
           Title                               Amount or
Number of Shares
 Common Shares      379,375

8.   Price  of Derivative Security (Instr.5).

9.   Number of Derivative Securities Beneficially Owned at
  End  of  Month  (Instr. 4)
                                      379,375     (I)

10.  Ownership Form of Derivative Security: Direct  (D) or
Indirect (I) (Instr. 4)
                              379,375     (I)

11.  Nature of Indirect Beneficial  Ownership  (Instr. 4)

             See note.
 Explanation of Responses: The reporting person owns AM
Investments, Ltd. ("AMI") which owns 57,633 common shares of
the Issuer and Alexander Mark Securities, Ltd. ("AMS") owns
2,733 common shares of the Issuer.  The reporting person
could be deemed to be part of a group though there is no
agreement to act as such.  A Director of the reporting
person, Daniel  Wettreich, is a Director of Meteor
Technology, plc ("MT") which owns 80,960 common shares of
the Issuer, AMI and AMS.  The reporting person is owned by
Mr. Wettreich, his wife and children.  Mr. Wettreich owns
11,250 shares of the Issuer and options to purchase 300,000
shares of the Issuer.  Jeanette Fitzgerald is a Director of
the Issuer, and MT, and owns 1,500 shares and options to
purchase 79,375 shares.  The reporting person disclaims any
beneficial ownership in any shares not owned directly by it.
Registrant effected a 1 for 40 Reverse Stock Split on all
outstanding common shares and options effective July 15,
1997.

BY:  /S/ ALEXANDER MARK CAPITAL, LTD.
     ALEXANDER MARK CAPITAL, LTD.