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 Securities 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)
              2,733 (D)
     151,343(I)


 6.  Ownership  Form: Direct (D) or Indirect (I)  (Instr. 4)
            2,733 (D)
     151,343(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  2,733
common  shares  of  the Issuer and the reporting  person  is
owned  by  AM Investments, Ltd. which owns 57,633 shares  of
the Issuer and by Alexander Mark Capital, Ltd. ("AMC").  The
reporting  person  may be deemed to be a  part  of  a  group
though  there is no agreement to act as a group.  A director
of  the  reporting person, Mr. Wettreich, is a  director  of
Meteor  Technology,  plc  ("MT") which  owns  80,960  common
shares  of the Issuer, AMC, AMI and individually owns 11,250
shares  of the Issuer and options to purchase 300,000 shares
of the Issuer.   Mr. Wettreich and his wife and children own
all  the outstanding shares of AMC.  Mrs. Wettreich and  her
children  also  own  all  the  outstanding  shares  of  WFC.
Jeanette  Fitzgerald a director of MT owns 1,500  shares  of
the  Issuer and options to purchase 79,375 more 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 SECURITIES LTD.
     ALEXANDER MARK SECURITIES LTD.
[{"type": "4", "sequence": "1", "secsgml_size_bytes": 4117}]
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 Securities 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)
              2,733 (D)
     151,343(I)

 6.  Ownership  Form: Direct (D) or Indirect (I)  (Instr. 4)
            2,733 (D)
     151,343(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  2,733
common  shares  of  the Issuer and the reporting  person  is
owned  by  AM Investments, Ltd. which owns 57,633 shares  of
the Issuer and by Alexander Mark Capital, Ltd. ("AMC").  The
reporting  person  may be deemed to be a  part  of  a  group
though  there is no agreement to act as a group.  A director
of  the  reporting person, Mr. Wettreich, is a  director  of
Meteor  Technology,  plc  ("MT") which  owns  80,960  common
shares  of the Issuer, AMC, AMI and individually owns 11,250
shares  of the Issuer and options to purchase 300,000 shares
of the Issuer.   Mr. Wettreich and his wife and children own
all  the outstanding shares of AMC.  Mrs. Wettreich and  her
children  also  own  all  the  outstanding  shares  of  WFC.
Jeanette  Fitzgerald a director of MT owns 1,500  shares  of
the  Issuer and options to purchase 79,375 more 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 SECURITIES LTD.
     ALEXANDER MARK SECURITIES LTD.