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<SEC-DOCUMENT>0000950116-97-000455.txt : 19970312
<SEC-HEADER>0000950116-97-000455.hdr.sgml : 19970312
ACCESSION NUMBER:		0000950116-97-000455
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	19970304
ITEM INFORMATION:		Changes in registrant's certifying accountant
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		19970311
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NAM CORP
		CENTRAL INDEX KEY:			0000925741
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-LEGAL SERVICES [8111]
		IRS NUMBER:				232753988
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21419
		FILM NUMBER:		97554258

	BUSINESS ADDRESS:	
		STREET 1:		1010 NORTHERN BLVD
		STREET 2:		STE 336
		CITY:			GREAT NECK
		STATE:			NY
		ZIP:			11021

	MAIL ADDRESS:	
		STREET 1:		1010 NORTHERN BLVD., SUITE 336
		CITY:			GREAT NECK
		STATE:			NY
		ZIP:			11021
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<TEXT>

<PAGE>

                     U.S. SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                    FORM 8-K


                                 CURRENT REPORT


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


         Date of Report (Date of earliest event reported): March 4, 1997



                                 NAM CORPORATION
             (Exact name of registrant as specified in its charter)

         Delaware                       0-21419              23-2753988
(State or Other Jurisdiction          (Commission           (IRS Employer
   of Incorporation)                   File No.)          Identification No.)



                    1010 Northern Blvd., Great Neck, NY 11021
               (Address of Principal Executive Offices) (Zip Code)


       Registrant's telephone number, including area code: (516) 829-4343



                                 Not Applicable
          (Former name or former address, if changed since last report)

<PAGE>



Item 4.  Changes in Registant's Certifying Accountant
- -----------------------------------------------------

On March 4, 1997, KPMG Peat Marwick LLP ("KPMG Peat Marwick") was dismissed by
the Registrant as the Registrant's auditors and Grant Thornton LLP was engaged
to audit the Registrant's financial statements for the year ending June 30,
1997. The change in auditors was approved by the Audit Committee of the Board of
Directors of the Registrant.

KPMG Peat Marwick's reports on the Registrant's financial statements for the
past two (2) years ended June 30, 1995 and 1996 did not contain an adverse
opinion or disclaimer of opinion and were not qualified or modified as to
uncertainty, audit scope, or accounting principles.

During the Registrant's two (2) most recent fiscal years ended June 30, 1995 and
1996 and subsequent interim period preceding the dismissal, there were no
disagreements with KPMG Peat Marwick on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure, which
disagreement, if not resolved to the satisfaction of KPMG Peat Marwick, would
have caused it to make reference to the subject matter of the disagreement in
connection with its report.

The Registrant has furnished a copy of the disclosure contained herein to KPMG
Peat Marwick requesting such firm to respond as to whether it agrees or
disagrees with the statements herein with respect to such firm and KPMG Peat
Marwick has agreed, as required by Item 304 of Regulation S-K, to furnish to the
Registrant a letter addressed to the Securities and Exchange Commission to that
effect. A copy of such letter is filed as an Exhibit hereto.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits
- ---------------------------------------------------------------------------

(c)      Exhibits

          16. Letter of KPMG Peat Marwick LLP dated March 6, 1997



<PAGE>


                                   SIGNATURES




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







                                    NAM CORPORATION


                                    By: /s/ Roy Israel
                                        ---------------------------------
                                        Roy Israel
                                        President and Chief Executive Officer




March 10, 1997

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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