-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SKaLfblV6LxCdqjX66EPbcavUKvZHI/ltjjmbGj/5QdaC1ZBXZnXucq5lbtaTA7c xA97ZSCwq8OiTVRxmjIgwQ== 0000902664-98-000315.txt : 19981110 0000902664-98-000315.hdr.sgml : 19981110 ACCESSION NUMBER: 0000902664-98-000315 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19981109 GROUP MEMBERS: BETJE PARTNERS GROUP MEMBERS: EDWIN H. MORGENS GROUP MEMBERS: ENDOWMENT PRIME L.L.C. GROUP MEMBERS: ENDOWMENT RESTART L.L.C. GROUP MEMBERS: JOHN C. 'BRUCE' WATERFALL GROUP MEMBERS: MORGENS WATERFALL INCOME PARTNERS, L.P. GROUP MEMBERS: MORGENS WATERFALL VINTIADIS & CO INC GROUP MEMBERS: MORGENS, WATERFALL, VINTIADIS & COMPANY, INC. GROUP MEMBERS: MW CAPITAL, L.L.C. GROUP MEMBERS: MW MANAGEMENT, L.L.C. GROUP MEMBERS: MWV GROUP TRUST GROUP MEMBERS: PHOENIX PARTNERS, L.P. GROUP MEMBERS: PRIME GROUP II, L.P. GROUP MEMBERS: PRIME GROUP III, L.P. GROUP MEMBERS: PRIME GROUP IV, L.P. GROUP MEMBERS: PRIME GROUP V, L.P. GROUP MEMBERS: PRIME GROUP, L.P. GROUP MEMBERS: PRIME, INC. GROUP MEMBERS: RESTART PARTNERS II, L.P. GROUP MEMBERS: RESTART PARTNERS III, L.P. GROUP MEMBERS: RESTART PARTNERS IV, L.P. GROUP MEMBERS: RESTART PARTNERS V, L.P. GROUP MEMBERS: RESTART PARTNERS, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ELSINORE CORP CENTRAL INDEX KEY: 0000311049 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 880117554 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-31142 FILM NUMBER: 98740254 BUSINESS ADDRESS: STREET 1: 202 E FREMONT ST CITY: LAS VEGAS STATE: NV ZIP: 89101 BUSINESS PHONE: 7023854011 MAIL ADDRESS: STREET 1: 202 E FREMONT ST CITY: LAS VEGAS STATE: NV ZIP: 89101 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MORGENS WATERFALL VINTIADIS & CO INC CENTRAL INDEX KEY: 0001016150 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT [3721] IRS NUMBER: 132674766 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 10 EAST 50TH STREET STREET 2: 10 EAST 50TH STREET CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2127050500 MAIL ADDRESS: STREET 1: 10 EAST 50TH ST CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ SCHEDULE 13D/A5 (Rule 13d-101) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a) (Amendment No. 5) ELSINORE CORPORATION (Name of Issuer) COMMON STOCK, PAR VALUE $.001 PER SHARE (Title of Class of Securities) 290308303 (CUSIP Number) JOHN C. WATERFALL 10 EAST 50TH STREET NEW YORK, NEW YORK 10022 (212) 705-0500 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) September 29, 1998 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the Schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent. (continued on following pages) Page 1 of 35 Pages ______________________ * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 290308303 13D/A Page 2 of 35 Pages ___________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Morgens Waterfall Income Partners, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 2,734,380.86 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 2,734,380.86 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,734,380.86 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.8% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 3 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Restart Partners, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER 0 SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 10,786,574.56 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 10,786,574.56 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,786,574.56 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.0% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 4 of 35 Pages _____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Restart Partners II, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 20,660,561.86 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 20,660,561.86 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 20,660,561.86 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.1% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 5 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Restart Partners III, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 16,892,860.04 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 16,892,860.04 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,892,860.04 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.2% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 6 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Restart Partners IV, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 10,642,388.78 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 10,642,388.78 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,642,388.78 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.9% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 7 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Restart Partners V, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 2,831,696.78 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 2,831,696.78 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,831,696.78 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.9% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 8 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Endowment Restart L.L.C. (F/k/a The Common Fund for Non-Profit Organizations) _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 14,836,330.84 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 14,836,330.84 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,836,330.84 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.1% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** CO _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 9 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Endowment Prime L.L.C. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 14,836,330.84 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 14,836,330.84 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,836,330.84 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 15.1% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** CO _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 10 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Betje Partners _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 4,492,426.06 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 4,492,426.06 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,492,426.06 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.6% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 11 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Phoenix Partners, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** WC, 00 ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 12,890,198.62 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 12,890,198.62 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,890,198.62 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.2% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 12 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS MWV Group Trust _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** OO ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 879,022.6 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 879,022.6 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 879,022.6 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.9% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** EP _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 13 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Morgens, Waterfall, Vintiadis & Company, Inc. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION New York _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 4,492,426.06 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 4,492,426.06 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,492,426.06 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 4.6% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** CO _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 14 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS MW Capital, L.L.C. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 2,734,380.86 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 2,734,380.86 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,734,380.86 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.8% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** CO _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 15 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prime Group, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 10,786,574.56 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 10,786,574.56 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,786,574.56 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 11.0% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 16 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prime Group II, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 20,660,561.86 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 20,660,561.86 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 20,660,561.86 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.1% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 17 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prime Group III, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 16,892,860.04 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 16,892,860.04 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 16,892,860.04 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 17.2% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 18 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prime Group IV, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 10,642,388.78 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 10,642,388.78 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,642,388.78 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.9% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 19 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prime Group V, L.P. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 2,831,696.78 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 2,831,696.78 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,831,696.78 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.9% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** PN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 20 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Prime, Inc. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 61,814,082.02 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 61,814,082.02 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 61,814,082.02 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 63.1% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** CO _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 21 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS MW Management, L.L.C. _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION Delaware _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 12,890,198.62 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 12,890,198.62 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 12,890,198.62 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 13.2% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** CO _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 22 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS John C. "Bruce" Waterfall _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION United States _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0- SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 97,646,441 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0- REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 97,646,441 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 97,646,441 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 99.7% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** IN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 23 of 35 Pages ____________________________________________________________________________ (1) NAME OF REPORTING PERSONS S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS Edwin H. Morgens _____________________________________________________________________________ (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** (a) [x] (b) [ ] _____________________________________________________________________________ (3) SEC USE ONLY _____________________________________________________________________________ (4) SOURCE OF FUNDS ** AF ____________________________________________________________ (5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) [ ] _____________________________________________________________________________ (6) CITIZENSHIP OR PLACE OF ORGANIZATION United States _____________________________________________________________________________ NUMBER OF (7) SOLE VOTING POWER - 0 - SHARES ______________________________________________________________ BENEFICIALLY (8) SHARED VOTING POWER 97,646,441 OWNED BY ______________________________________________________________ EACH (9) SOLE DISPOSITIVE POWER - 0 - REPORTING ______________________________________________________________ PERSON WITH (10) SHARED DISPOSITIVE POWER 97,646,441 _____________________________________________________________________________ (11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 97,646,441 _____________________________________________________________________________ (12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ] _____________________________________________________________________________ (13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 99.7% _____________________________________________________________________________ (14) TYPE OF REPORTING PERSON ** IN _____________________________________________________________________________ ** SEE INSTRUCTIONS BEFORE FILLING OUT! CUSIP No. 290308303 13D/A Page 24 of 35 Pages Item 1 is hereby amended and restated as follows: ITEM 1. SECURITY AND ISSUER. This amendment no. 5 ("Amendment No. 5") amends and restates the statement on Schedule 13D (the "Statement") filed with the Securities and Exchange Commission (the "SEC") by the persons named in Item 2 below (except for the person named in (h) which is now a Reporting Person due to changes in the organizational structure of Morgens, Waterfall, Vintiadis & Company, Inc.) on February 28, 1997, as amended by the Schedule 13D/A ("Amendment No. 1") filed April 1, 1997; amendment no. 2 ("Amendment No. 2") filed with the SEC on September 15, 1997; amendment no. 3 ("Amendment No. 3") filed with the SEC on February 28, 1998; and amendment no. 4 ("Amendment No. 4") filed with the SEC on March 20, 1998, relating to the common stock, par value $.001 per share ("Common Stock"), of Elsinore Corporation, a Nevada corporation (the "Issuer"). The principal executive offices of the Issuer are located at 202 Fremont Street, Las Vegas, Nevada 89101. Except as specifically provided herein, this Amendment No. 5 does not modify any of the information previously reported in the Statement. Item 2 is hereby amended and restated as follows: ITEM 2. IDENTITY AND BACKGROUND. This Statement is filed jointly by (a) Morgens Waterfall Income Partners, L.P. ("MWIP"); (b) Restart Partners, L.P. ("Restart"); (c) Restart Partners II, L.P. ("Restart II"); (d) Restart Partners III, L.P. ("Restart III"); (e) Restart Partners IV, L.P. ("Restart IV"); (f) Restart Partners V, L.P. ("Restart V"); (g) Endowment Restart, L.L.C. ("Endowment") (formerly known as The Common Fund for Non-Profit Organizations); (h) Endowment Prime, L.L.C. ("Endowment Prime"); (i) Betje Partners ("Betje"); (j) Phoenix Partners, L.P. ("Phoenix"); (k) Morgens, Waterfall, Vintiadis & Company, Inc. ("Morgens Waterfall"); (l) MW Capital, L.L.C. ("MW Capital"); (m) Prime Group, L.P. ("Prime"); (n) Prime Group II, L.P. ("Prime II"); (o) Prime Group III, L.P. ("Prime III"); (p) Prime Group IV, L.P. ("Prime IV"); (q) Prime Group V, L.P. ("Prime V"); (r) Prine, Inc.; (s) MW Management, L.L.C. ("MW Management"); (t) MWV Group Trust ("Group Trust"); (u) John C. "Bruce" Waterfall ("Waterfall"); and (v) Edwin H. Morgens ("Morgens", and together with the persons stated in clauses (a) through (u) above, the "Reporting Persons"). MWIP is a New York limited partnership whose principal business is to invest in securities of U.S. issuers. MW Capital, a Delaware limited liability company, is the general partner of MWIP. MWIP and MW Capital have their principal address at 10 East 50th Street, New York, New York 10022. Morgens and Waterfall are the managing members of MW Capital. All of the information concerning Morgens and Waterfall is set forth below. Restart, Restart II, Restart III, Restart IV and Restart V are Delaware limited partnerships having their principal addresses at 10 East 50th Street, CUSIP No. 290308303 13D/A Page 25 of 35 Pages New York, New York 10022. The principal businesses of Restart, Restart II, Restart III, Restart IV and Restart V are to invest in securities of financially troubled companies. Prime, Prime II, Prime III, Prime IV and Prime V, Delaware limited partnerships having their principal addresses at 10 East 50th Street, New York, New York 10022, are the general partners of Restart, Restart II, Restart III, Restart IV and Restart V, respectively. The principal business Prime, Prime II, Prime III, Prime IV and Prime V are to act as the general partners of Restart, Restart II, Restart III, Restart IV and Restart V, respectively. Prime, Inc., the general partner of Prime, Prime II, Prime III, Prime IV and Prime V, is a Delaware corporation having its principal address at 10 East 50th Street, New York, New York 10022. The principal business of Prime, Inc. is to act as general partner of Prime, Prime II, Prime III, Prime IV and Prime V. Waterfall is the President and a Director of Prime, Inc. Morgens is the Chairman of the Board of Directors and the Secretary of Prime, Inc. All of the information concerning Morgens and Waterfall is set forth below. Phoenix is a New York limited partnership having its principal address at 10 East 50th Street, New York, New York 10022. The principal business of Phoenix is to invest in securities of U.S. issuers. MW Management, a Delaware limited liability company, is the general partner of Phoenix. The principal address of MW Management is 10 East 50th Street, New York, New York 10022. Morgens and Waterfall are the managing members of MW Management. All of the information concerning Morgens and Waterfall is set forth below. Betje is a New York limited partnership having its principal address at 10 East 50th Street, New York, New York 10022. The principal business of Betje is to invest in securities of U.S. issuers. Mr. Zanvyl Krieger ("Krieger") is the general partner of Betje. The business address of Krieger is c/o Weinberg and Green, 100 South Charles Street, Baltimore, Maryland 21201. Krieger is a U.S. citizen whose principal occupation is a private investor. Morgens Waterfall serves as an investment advisor to Betje as discussed below. Endowment is a Delaware limited liability company having its principal office c/o Morgens, Waterfall, Vintiadis & Company, Inc. located at 10 East 50th Street, New York, New York 10022. The principal business of Endowment is to invest in securities of various issuers. Endowment Prime, the managing member of Endowment, is a Delaware limited liability company having its prinicipal office c/o Morgens, Waterfall, Vintiadis & Company, Inc. located at 10 East 50th Street, New York, New York 10022. Group Trust is a Delaware trust having its principal address at 10 East 50th Street, New York, New York 10022. Group Trust is a self directed plan covering all full-time employees of Morgens Waterfall who have completed one year of service. Group Trust is subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA") CUSIP No. 290308303 13D/A Page 26 of 35 Pages Morgens Waterfall is a New York corporation having its principal address at 10 East 50th Street, New York, New York 10022. The principal business of Morgens Waterfall is the rendering of financial services. Waterfall is the President and a Director of Morgens Waterfall. Morgens is the Chairman of the Board of Directors and the Secretary of Morgens Waterfall. The primary occupations of Morgens and Waterfall are to act as the principals in the business of Morgens Waterfall. The business address of Morgens and Waterfall, each of whom is a United States citizen, is at the office of Morgens Waterfall, 10 East 50th Street, New York, New York 10022. Morgens Waterfall has no other officers or directors. During the past five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws, or finding any violations with respect to such laws. Item 3 is hereby amended and restated as follows: ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. On September 29, 1998, Elsinore Corporation issued to certain investment accounts controlled by Morgens, Waterfall, Vintiadis & Company, Inc. ("Morgens Waterfall" and the accounts controlled by Morgens Waterfall, the "Funds")50,000,000 shares of Series A Convertible Preferred Stock of the Issuer in exchange for the surrender to the Issuer of $18,000,000 original principal amount of second mortgage notes held by the Funds. The 50,000,000 shares of Series A Convertible Preferred Stock have an aggregate liquidation preference of $18,000,000 and are convertible into 93,000,000 shares of the Issuer's Common Stock. Following the recapitalization, John C. "Bruce" Waterfall will beneficially own 97,646,441 shares of Common Stock, or approximately 99.7% of the outstanding Common Stock. All such Common Stock is held by the Funds and is subject to Mr. Waterfall's voting and dispositive control. The number of shares beneficially owned and he percentage of shares beneficially owned are determined in accordance with the rules of the Securities and Exchange Commission and (i) are based on 4,929,313 shares of Common Stock outstanding as of September 29, 1998 and (ii) assumes that the 50,000,000 shares of Series A Convertible Preferred Stock are converted into 93,000,000 shares of the Issuer's Common Stock. In addition, the Issuer issued to the Funds new second mortgage notes in the aggregate principal amount of $11,104,000 in exchange for all remaining outstanding second mortgage notes held by the Funds in the same aggregate principal amount, pursuant to an amended indenture governing the second mortgage notes that reduced the interest rate payable thereof from 13.5% to 12.83%. Following the recapitalization, the Issuer has notes outstanding in the aggregate principal amount of $11,104,000 CUSIP No. 290308303 13D/A Page 27 of 35 Pages The purchase price for the shares of Common Stock beneficially owned by each of the Reporting Persons is as follows: Reporting Person Purchase Price ________________ ______________ MWIP $ 857,911 Restart 3,344,366 Restart II 6,396,955 Restart III 5,231,151 Restart IV 3,297,617 Restart V 906,017 Endowment 4,612,336 Betje 1,436,769 Phoenix 4,122,759 Group Trust 285,030 Total $30,490,912 . . . Item 5 is hereby amended and restated as follows: ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER. (a) and (b) The following is the aggregate amount of Common Stock that is beneficially owned by each Reporting Person: Aggregate Percentage Reporting Person # of Shares of Class _________________ ___________ __________ MWIP 2,734,380.86 2.8 Restart 10,786,574.56 11.0 Restart II 20,660,561.86 21.1 Restart III 16,892,860.04 17.2 Restart IV 10,642,388.78 10.9 Restart V 2,831,696.78 2.9 Endowment 14,836,330.84 15.1 Betje 4,492,426.06 4.6 Phoenix 12,890,198.62 13.2 Group Trust 879,022.60 0.9 Total 97,646,441 99.7% CUSIP No. 290308303 13D/A Page 28 of 35 Pages Morgens Waterfall does not directly own any of the Common Stock. Morgens Waterfall may be deemed an indirect beneficial owner of 4,492,426.06 by virtue of contracts with Betje. MW Management does not directly own any of the Common Stock. MW Management may be deemed an indirect beneficial owner of 12,890,198.62 shares of Common Stock by virtue of its position as general partner of Phoenix. Prime, Inc. does not directly own any of the Common Stock. Prime, Inc. may be deemed an indirect beneficial owner of 61,814,082.02 shares of Common Stock by virtue of its position as general partner of Prime, Prime II, Prime III, Prime of any of the Common Stock, but may be deemed to be indirect beneficial owners of Common Stock by virtue of their positions as general partners of Restart (10,786,574.56 shares), Restart II (20,660,561.86 shares), Restart III (16,892,860.04 shares), Restart IV (10,642,388.78 shares) and Restart V (2,831,696.78 shares), respectively. MW Capital does not directly own any of the Common Stock. MW Capital may be deemed an indirect beneficial owner of 4,170 shares by virtue of its position as general partner of MWIP. Waterfall does not directly own any of the Common Stock. Waterfall may be deemed an indirect beneficial owner of 96,767,418.4 shares of Common Stock by virtue of his positions as President and a Director of Morgens Waterfall, as investment adviser to Betje (4,492,426.06 shares); as managing member of Endowment Prime, as managing member of Endowment (14,836,330.84 shares); as a managing member of MW Capital, as general partner of MWIP (2,734,380.86 shares); as President and a Director of Prime, Inc., as general partner of each of Prime, Prime II, Prime III, Prime IV and Prime V, as general partners of Restart (10,786,574.56 shares), Restart II (20,660,561.86 shares), Restart III (16,892,860.04 shares), Restart IV (10,642,388.78 shares) and Restart V (2,831,696.78 shares), respectively; as a managing member of MW Management, and as general partner of Phoenix (12,890,198.62 shares). Morgens does not directly own any of the Common Stock. Morgens may be deemed an indirect beneficial owner of 96,767,418.4 shares of Common Stock by virtue of his positions as Chairman and Director of Morgens Waterfall, as investment advisor to Betje (4,492,426.06 shares); as managing member of Endowment Prime, as managing member of Endowment (14,836,330.84 shares); as a managing member of MW Capital, as general partner of MWIP (11,085,457.56 shares); as Chairman of Prime, Inc., as general partner of each of Prime, Prime II, Prime III, Prime IV and Prime V, as general partners of Restart (10,786,574.56 shares), Restart II (20,660,561.86 shares), Restart III (16,892,860.04 shares), Restart IV (10,642,388.78 shares) and Restart V (2,831,696.78 shares), respectively; as a managing member of MW Management, as general partner of Phoenix (12,890,198.62). By virtue of Morgen's position as Chairman and a Director, and Waterfall's position as President and a Director, of Morgens Waterfall, Morgens and Waterfall may also be deemed to be indirect beneficial owners of the 879,022.60 shares of Common Stock directly beneficially owned by Group Trust. CUSIP No. 290308303 13D/A Page 29 of 35 Pages Each Reporting Person hereby disclaims that it has any beneficial ownership of the securities owned, directly or indirectly, by any other entity. The percentage of shares of Common Stock beneficially owned by each Reporting Person and in total is based upon 4,929,313 shares of Common Stock outstanding as of August 14, 1998 reported in the issuer's Form 10-Q for the period ending June 30, 1998 and assumes that the 50,000,000 shares of Series A Convertible Preferred Stock are converted into 93,000,000 shares of the Company's Common Stock. (c) # of Shares Reporting Person Allocated 9/29/98 ________________ _________________ MWIP 1,400,151 Restart 5,523,296 Restart II 10,579,301 Restart III 8,650,014 Restart IV 5,449,423 Restart V 1,449,973 Endowment 7,596,894 Betje 2,300,371 Phoenix 6,600,467 Group Trust 450,110 The allocated shares were acquired in an exchange on September 29, 1998 by which the Reporting Persons surrendered $18,000,000 of original principal amount of second mortgage notes for 50,000,000 shares of Series A Convertible Preferred Stock of the Issuer. The 50,000,000 shares of Series A are convertible by the Reporting Persons into 93,000,000 of the Issuer's common stock calculated at a conversion ration of 1.86 shares of common for each share of preferred. (d) Except as set forth in this Item and Item 2 above, no other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Common Stock. (e) Not applicable. . . . ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. EXHIBIT 1 Joint Acquisition Statement among the Reporting Persons dated November 6, 1998, filed pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934, as amended. CUSIP No. 290308303 13D/A Page 30 of 35 Pages EXHIBIT 2 Power of Attorney, dated November 6, 1998, granted to Morgens and Waterfall by MWIP; MW Capital; Prime, Inc.; Prime; Prime II; Prime III; Prime IV; Prime V; Restart; Restart II; Restart III; Restart IV; Restart V; Phoenix; MW Management; Group Trust; Morgens Waterfall; Betje; Endowment Restart L.L.C.; and Endowment Prime for the specific purpose of executing on their behalf any Schedule 13Ds and amendments thereto for filing with the Commission pursuant to the requirements of Rule 13d-1(f) CUSIP No. 290308303 13D/A Page 31 of 35 Pages SIGNATURES After reasonable inquiry and to the best knowledge and belief of each of the Reporting Persons, each such person or entity certifies that the information set forth in this statement is true, complete and correct and agrees that this statement is filed on behalf of each of them. The Reporting Persons listed herein /s/ John C. Bruce Waterfall Dated: November 6, 1998 By: ___________________________________ John C. "Bruce" Waterfall, on his own behalf and as attorney-in-fact for each of the other Reporting Persons /s/ Edwin H. Morgens By: ___________________________________ Edwin H. Morgens, on his own behalf and as attorney-in-fact for each of the other Reporting Persons CUSIP No. 290308303 13D/A Page 32 of 35 Pages EXHIBIT 1 JOINT ACQUISITION STATEMENT PURSUANT TO RULE 13d-1(f)(1) The undersigned acknowledge and agree that this statement on Schedule 13D is filed on behalf of each of the undersigned and that any subsequent amendments to the statement on Schedule 13D shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the others, except to the extent that it knows or has reason to believe that such information is inaccurate. The Reporting Persons listed herein Dated: November 6, 1998 By: /s/ Bruce Waterfall ___________________________________ John C. "Bruce" Waterfall, on his own and as attorney-in-fact for each of the other Reporting Persons By: /s/ Edwin H. Morgens ___________________________________ Edwin H. Morgens, on his own behalf and as attorney-in-fact for each of the other Reporting Persons CUSIP No. 290308303 13D/A Page 33 of 35 Pages EXHIBIT 2 POWER OF ATTORNEY The undersigned hereby appoint John C. "Bruce" Waterfall and Edwin H. Morgens each with full power of substitution, as their attorneys-in-fact for the specific purpose of executing on their behalf any Schedule 13Ds and amendments thereto for filing with the Securities and Exchange Commission pursuant to the requirements of Rule 13d-1(f) under the Securities Exchange Act of 1934, as amended. The undersigned hereby ratify the execution on their behalf, prior to the date hereof, by John C. "Bruce" Waterfall or Edwin H. Morgens of any Schedule 13Ds or amendments thereto for the aforesaid purpose. IN WITNESS WHEREOF, the undersigned have caused this Power of Attorney to be duly executed as of November 6, 1998. MORGENS WATERFALL INCOME PARTNERS, L.P. By: MW Capital, L.L.C. General Partner /s/ Bruce Waterfall By: _________________________ John C. "Bruce" Waterfall Managing Member MW CAPITAL, L.L.C. /s/ Bruce Waterfall By: _________________________ John C. "Bruce" Waterfall Managing Member PHOENIX PARTNERS, L.P. By: MW Management, L.L.C. General Partner /s/ Bruce Waterfall By: _________________________ John C. "Bruce" Waterfall Managing Member CUSIP No. 290308303 13D/A Page 34 of 35 Pages MW MANAGEMENT, L.L.C. /s/ Bruce Waterfall By: _________________________ John C. "Bruce" Waterfall Managing Member BETJE PARTNERS By: Morgens, Waterfall, Vintiadis & Company, Inc. Agent/Investment Advisor /s/ Bruce Waterfall By: _________________________ John C. "Bruce" Waterfall President ENDOWMENT RESTART, L.L.C. By: ENDOWMENT PRIME, L.L.C. As managing member of Endowment Restart, L.L.C. /s/ Bruce Waterfall By: _________________________ John C. "Bruce" Waterfall Managing Member MORGENS, WATERFALL, VINTIADIS & COMPANY, INC. /s/ Bruce Waterfall By: _________________________ John C. "Bruce" Waterfall President RESTART PARTNERS, L.P. RESTART PARTNERS II, L.P. RESTART PARTNERS III, L.P. RESTART PARTNERS IV, L.P. RESTART PARTNERS V, L.P. By: PRIME GROUP, L.P. PRIME GROUP II, L.P. PRIME GROUP III, L.P. PRIME GROUP IV, L.P. PRIME GROUP V, L.P. As General Partners of Restart Partners, L.P., Restart Partners II, L.P., Restart Partners III, L.P., Restart Partners IV, L.P. and Restart Partners V, L.P., respectively CUSIP No. 290308303 13D/A Page 35 of 35 Pages By: PRIME, INC. As general partner of Prime Group, L.P., Prime Group II, L.P., Prime Group, III, L.P., Prime Group IV, L.P. and Prime Group V, L.P. /s/ Bruce Waterfall By: _________________________ John C. "Bruce" Waterfall President MWV GROUP TRUST /s/ Bruce Waterfall By: _________________________ John C. "Bruce" Waterfall Authorized Signatory JOHN C. "BRUCE" WATERFALL /s/ Bruce Waterfall By: _________________________ EDWIN H. MORGENS /s/ Edwin H. Morgens By: _________________________ -----END PRIVACY-ENHANCED MESSAGE-----