Have you dumped the codes on the replacement computer?
Dump codes sticky
Look at the top of the 5.0 Tech forum where the sticky threads are posted. One of them is how to dump the computer codes. Codes may be present even if the CEL (Check Engine Light) isn’t on. You don’t need a code reader or scanner – all you need is a paper clip, or if your lady friend has a hair pin, that will do the job.
I highly suggest that you read it and follow the instructions to dump the codes.
http://www.stangnet.com/mustang-forums/threads/how-to-pull-codes-from-eec4.889006/
Computer & interchange information for 5.0 Mustang
Revised 16-Oct-2011 to add O2 sensor harness warnings
The Mass Air computers from 89-93 Mustangs are interchangeable with a few exceptions. Just be sure you use the MAF & MAF sensor from the same series computer. The auto transmission computers use a different start circuit than the manual computers. You can use an auto trans computer in a 5 speed car with no problems or changes. I have done it in my original 89 Mustang GT, and I know it works OK. I would recommend avoiding using a 5 speed computer in an auto trans car due to the possibility of damaging the computer’ internal signal ground circuitry.
The odd duck is the 93 Cobra computer, labeled X3Z which is internally calibrated for 24 lb injectors. Use the MAF & MAF sensor from the X3Z computer to avoid problems with the computer's internal calibration. Try and avoid the 93 Cobra computer if you can.
Some cautions about O2 Sensor harnesses need to be observed to avoid damage to the computer.
Only run a 5 speed trans O2 harness with an A9L. Do not run an Auto O2 sensor harness with an A9L. Doing so will damage the computer’s internal signal ground.
Only run an Auto trans O2 sensor harness with an A9P in a car that has an Auto trans. Using a 5 speed trans O2 sensor harness with an Auto trans will cause no crank problems.
See
http://forums.corral.net/forums/general-mustang-tech/1094179-oxygen-sensor- harnesses-manual-auto-differences-year-differences.html for more O2 sensor wiring harness info
If you have a damaged computer with signal ground problems, see the pictures below for help finding and fixing the burnt computer trace.
The fix is some careful soldering of a small jumper wire across the burnt section of copper trace.
All the following are mass air unless they say Speed Density
8LD - MANUAL 88 5.0L Mustang Mass Air - California
8LF - Auto 88 5.0L Mustang Mass Air- California
8LG - Auto 88 5.0L Mustang Mass Air- California
A9L - 89-93 5.0L Mustang 5-spd Mass Air
A3M - 93 5.0L Mustang 5-spd Mass Air
A3M1 - 93 5.0L Mustang 5-spd Mass Air
X3Z - 93 5.0L Cobra 5-spd Mass Air internally calibrated for 24 lb injector
A9P - 89-93 5.0L Mustang Auto Mass Air
A9S - 88 5.0L Mustang California Mass Air
C3W - 89-93 5.0L Mustang Auto
DA1 - 87 5.0L Mustang 5-spd Speed Density
J4J1 - 94-95 5.0L SVT Cobra 5-spd
T4M0 - 94-95 5.0L GT Vert 5-spd
U4P0 - 94-95 5.0L GT Auto
W4H0 - 94-95 5.0L GT
ZA0 - 95 Cobra R
D9S - 88 Lincoln LSC Speed Density
Email me a picture of the barcode label and I'll see if I can read it. If you have a smartphone, there may be a app you can download from the Google App Store to read it. See
https://play.google.com/store/apps/details?id=com.gamma.scan&hl=en_US&gl=US