content: 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 (Date of earliest event reported )  January 11, 1996
  
  
  
                   CINCINNATI MICROWAVE, INC.                
  (Exact name of registrant as specified in its charter)
  
  
  
  
  
        Ohio                  		      0-13136      	       31-0903863      
  (State or other jurisdiction     	 (Commission		        (I.R.S. Employer
  of incorporation)                   File Number)	        Identification No.)
  
  
  
   One Microwave Plaza, Cincinnati, Ohio 		       45249-9502          
  (Address of principal executive office)		       (Zip Code)
  
  
  
  Registrant's telephone number, including area code	    (513) 489-5400      
  
  
  
                                                          
  (Former name, former address and former fiscal year, if changed since last
   report).
  
  Item 5.   Other Events
  
  
  By letter dated January 2, 1996, The Huntington National Bank (the
  "Bank"), the Company's lender under its credit facility, notified the
  Company that it was in default of the terms of the Loan and Security
  Agreement dated as of May 27, 1994, as amended (the "Loan Agreement"),
  because the Company had failed to comply with the covenant in the Loan
  Agreement which provided that the Company would incur no losses from
  operations in any fiscal quarter in any fiscal year, except losses from
  operations which do not exceed in the aggregate the sum of $3,000,000
  during the first and second fiscal quarters in 1996.
  
  
  At the present time, the Company believes that the Bank is electing to
  continue to make advances to the Company under the credit facility
  notwithstanding the "Event of Default" under the Loan Agreement;
  however, the Bank has reduced the revolving credit facility from $5.0
  million to $3.0 million.  This reduction has caused the Company to have
  less cash than previously anticipated and heightened the Company's need to
  manage cash balances very carefully, while converting its higher than
  normal levels of inventory and accounts receivable into cash
  as expeditiously as possible.  There can be no assurances that the Bank's
  election will continue because the Bank has not waived the default and has
  reserved all of its rights and remedies under the Loan Agreement, related
  loan documents and applicable law.
  
  The Company is currently exploring the possibility of obtaining
  additionally financing from lenders other than the Bank to supplement
  and/or replace the Bank credit facility.  The Company is currently in
  communication with its key suppliers and vendors in order to maintain
  good relations as it seeks additional financing.
  
  
  
  SIGNATURES
  
  Pursuant to the requirements of the Securities Exchange Act of 1934,
  Cincinnati Microwave, Inc. has duly caused this report to be signed on its
  behalf by the undersigned thereunto duly authorized.  
  
  January 11, 1996
  
  					CINCINNATI MICROWAVE, INC.
  
  
  
  					By                                                 
  						 Elaine M. Bacon
  					 	Assistant Corporate Secretary
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metadata_filer: {"company-data": {"conformed-name": "CINCINNATI MICROWAVE INC", "cik": "0000729583", "assigned-sic": "3812", "irs-number": "310903863", "state-of-incorporation": "OH", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-13136", "film-number": "96502918"}, "business-address": {"street1": "ONE MICROWAVE PLZ", "city": "CINCINNATI", "state": "OH", "zip": "45249", "phone": "5134895400"}, "mail-address": {"street1": "ONE MICROWAVE PLAZA", "city": "CINCINNATI", "state": "OH", "zip": "45249"}}
text: 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 (Date of earliest event reported )  January 11, 1996
  
                   CINCINNATI MICROWAVE, INC.                
  (Exact name of registrant as specified in its charter)
  
        Ohio                  		      0-13136      	       31-0903863      
  (State or other jurisdiction     	 (Commission		        (I.R.S. Employer
  of incorporation)                   File Number)	        Identification No.)
  
   One Microwave Plaza, Cincinnati, Ohio 		       45249-9502          
  (Address of principal executive office)		       (Zip Code)
  
  Registrant's telephone number, including area code	    (513) 489-5400      
  
                                                          
  (Former name, former address and former fiscal year, if changed since last
   report).
  
  Item 5.   Other Events
  
  By letter dated January 2, 1996, The Huntington National Bank (the
  "Bank"), the Company's lender under its credit facility, notified the
  Company that it was in default of the terms of the Loan and Security
  Agreement dated as of May 27, 1994, as amended (the "Loan Agreement"),
  because the Company had failed to comply with the covenant in the Loan
  Agreement which provided that the Company would incur no losses from
  operations in any fiscal quarter in any fiscal year, except losses from
  operations which do not exceed in the aggregate the sum of $3,000,000
  during the first and second fiscal quarters in 1996.
  
  At the present time, the Company believes that the Bank is electing to
  continue to make advances to the Company under the credit facility
  notwithstanding the "Event of Default" under the Loan Agreement;
  however, the Bank has reduced the revolving credit facility from $5.0
  million to $3.0 million.  This reduction has caused the Company to have
  less cash than previously anticipated and heightened the Company's need to
  manage cash balances very carefully, while converting its higher than
  normal levels of inventory and accounts receivable into cash
  as expeditiously as possible.  There can be no assurances that the Bank's
  election will continue because the Bank has not waived the default and has
  reserved all of its rights and remedies under the Loan Agreement, related
  loan documents and applicable law.
  
  The Company is currently exploring the possibility of obtaining
  additionally financing from lenders other than the Bank to supplement
  and/or replace the Bank credit facility.  The Company is currently in
  communication with its key suppliers and vendors in order to maintain
  good relations as it seeks additional financing.
  
  SIGNATURES
  
  Pursuant to the requirements of the Securities Exchange Act of 1934,
  Cincinnati Microwave, Inc. has duly caused this report to be signed on its
  behalf by the undersigned thereunto duly authorized.  
  
  January 11, 1996
  
  					CINCINNATI MICROWAVE, INC.
  
  					By                                                 
  						 Elaine M. Bacon
  					 	Assistant Corporate Secretary