-----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, S7x5KfA6+hxOYky6sMN7Cyo5IluxHZATTxQEQcvzpa8QBSqfosCon3AigXvJNQMA KmxvaYcYFQ6CNAZkxBHm7w== 0000950120-97-000312.txt : 19971127 0000950120-97-000312.hdr.sgml : 19971127 ACCESSION NUMBER: 0000950120-97-000312 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19971126 SROS: NONE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ALPINE GROUP INC /DE/ CENTRAL INDEX KEY: 0000004164 STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357] IRS NUMBER: 221620387 STATE OF INCORPORATION: DE FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: SEC FILE NUMBER: 005-31325 FILM NUMBER: 97729424 BUSINESS ADDRESS: STREET 1: 1790 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2127573333 MAIL ADDRESS: STREET 1: 1790 BROADWAY STREET 2: 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: ALPINE GEOPHYSICAL CORP DATE OF NAME CHANGE: 19841202 FORMER COMPANY: FORMER CONFORMED NAME: ALPINE GEOPHYSICAL ASSOCIATES INC DATE OF NAME CHANGE: 19810120 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ALEXANDRA INVESTMENT MANAGEMENT LTD CENTRAL INDEX KEY: 0001026736 STANDARD INDUSTRIAL CLASSIFICATION: [] STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 237 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128083780 MAIL ADDRESS: STREET 1: 237 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D/A 1 AMENDMENT NO. 1 TO SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 SCHEDULE 13D/A UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1 )* ---------- THE ALPINE GROUP, INC. (Name of Issuer) COMMON STOCK, PAR VALUE $.10 PER SHARE (Title of Class of Securities) 020825105 --------------------- (CUSIP Number) ALEXANDRA INVESTMENT MANAGEMENT, LTD. MIKHAIL A. FILIMONOV DIMITRI SOGOLOFF 237 PARK AVENUE NEW YORK, NEW YORK 10017 (212) 808-3780 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) November 21, 1997 ------------------------ (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/A, and is filing this Schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ]. Check the following box if a fee is being paid with the statement [ ]. Page 1 of 10 pages SCHEDULE 13D/A --------------------- -------------------- CUSIP No. 020825105 PAGE 2 of 10 PAGES ----------- --- ---- --------------------- -------------------- --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Alexandra Investment Management, Ltd. --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] --------------------------------------------------------------------------- 3 SEC USE ONLY --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF,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 New York --------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES 1,380,191 shares** ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY ------------------------------------------------------------ 9 SOLE DISPOSITIVE POWER EACH 1,380,191 shares** REPORTING ------------------------------------------------------------ 10 SHARED DISPOSITIVE POWER PERSON WITH --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,380,191 shares** --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.10% --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IA,CO --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------ ** Shares reported herein are also beneficially owned by other reporting persons. See Item 5. SCHEDULE 13D/A --------------------- -------------------- CUSIP No. 020825105 PAGE 3 of 10 PAGES ----------- --- ---- --------------------- -------------------- --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Mikhail A. Filimonov --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] --------------------------------------------------------------------------- 3 SEC USE ONLY --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF,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 U.S. --------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES -0- ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 1,380,191 shares** ------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- ------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER 1,380,191 shares** --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,380,191 shares** --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.10% --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------ ** Shares reported herein are also beneficially owned by other reporting persons. See Item 5. SCHEDULE 13D/A --------------------- -------------------- CUSIP No. 020825105 PAGE 4 of 10 PAGES ----------- --- ---- --------------------- -------------------- --------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Dimitri Sogoloff --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] --------------------------------------------------------------------------- 3 SEC USE ONLY --------------------------------------------------------------------------- 4 SOURCE OF FUNDS* AF,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 U.S. --------------------------------------------------------------------------- NUMBER OF 7 SOLE VOTING POWER SHARES -0- ------------------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER OWNED BY 1,380,191 shares** ------------------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER REPORTING -0- ------------------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER 1,380,191 shares** --------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,380,191 shares** --------------------------------------------------------------------------- 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] --------------------------------------------------------------------------- 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 8.10% --------------------------------------------------------------------------- 14 TYPE OF REPORTING PERSON* IN --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! ------------------------ ** Shares reported herein are also beneficially owned by other reporting persons. See Item 5. ITEM 1. SECURITY AND ISSUER. ------------------- This Statement constitutes Amendment No. 1 to that certain Schedule 13D, dated May 28, 1997 (the "Original Schedule 13D") relating to the shares of Common Stock, $.10 par value per share (the "Common Stock") of The Alpine Group, Inc., a Delaware corporation (the "Company"). Certain capitalized terms used herein have the respective meanings set forth in the Original Schedule 13D. Except as expressly amended hereby, the statements in the Original Schedule 13D remain unchanged. ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. ------------------------------------------------- During the period from August 27, 1997 through and including November 21, 1997 (the "Period"), the Adviser purchased 282,800 shares of Common Stock (the "Period Shares"). The Period Shares were purchased by the Adviser with investment capital and margin borrowings. Item 4. Purpose of Transaction. ---------------------- The Adviser has acquired the Period Shares in the ordinary course of business for investment. The Reporting Persons may acquire additional shares of Common Stock from time to time, in open market purchases, negotiated transactions or otherwise, and may sell any or all of such shares of Common Stock at any time. -5- None of the Reporting Persons presently has any plans or proposals which related to or would result in any of the matters enumerated in clauses (a) through (j), inclusive, of Item 4 of Schedule 13D, namely: (a) the acquisition by any person of additional securities of the Company or the disposition of securities of the Company; (b) an extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Company or any of its subsidiaries; (c) a sale or transfer of a material amount of assets of the Company or any of its subsidiaries; (d) any change in the present Board of Directors or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the Board; (e) any material change in the present capitalization or dividend policy of the Company; (f) any other material change in the Company's business or corporate structure; (g) changes in the Company's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Company by any person; (h) causing a class of securities of the Company to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) a class of equity securities of the Company becoming eligible for termination of registration pursuant to Section 12()(4) of the Exchange Act; or (j) any action similar to any of those enumerated above. -6- ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. ------------------------------------ (a) As of the date hereof, the Adviser may be deemed to beneficially own 1,380,191 shares of Common Stock, comprising approximately 8.10% of the approximately 17,037,007 shares of Common Stock outstanding. In their capacities as principals of the Adviser, such shares also may be deemed to be beneficially owned indirectly to Messrs. Filimonov and Sogoloff. (b) The Adviser, in its capacity as investment adviser, may be deemed to have the power to vote or to dispose of the 1,380,191 shares of Common Stock. In their capacities as principals of the Adviser, Messrs. Filimonov and Sogoloff have the shared power to direct the vote and disposition of such shares within the meaning of Rule 13d-3 under the Exchange Act. (c) Set forth on Schedule A hereto is a description of all other transactions in the Common Stock effected by any of the Reporting Persons between August 27, 1997 and November 21, 1997. All such transactions consisted of open market purchases. (d) No 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 shares of Common Stock, other than such parties. (e) Not applicable. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR ------------------------------------------ RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. ------------------------------------------------------ -7- None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. -------------------------------- None. -8- SIGNATURES ---------- After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: November 25, 1997 ALEXANDRA INVESTMENT INVESTMENTS, L.P. By: /s/ Mikhail A. Filimonov -------------------------------- Mikhail A. Filimonov, Chairman Chief Executive Officer Chief Investment Officer /s/ Mikhail A. Filimonov ----------------------------------- MIKHAIL A. FILIMONOV /s/ Dimitri Sogoloff ------------------------------------ DIMITRI SOGOLOFF -9- SCHEDULE A TRANSACTIONS IN COMMON STOCK OF THE ALPINE GROUP, INC. The Adviser effected the following purchases of Common Stock of the Company on the dates listed. All transactions were open market purchases executed on an agency basis on the New York Stock Exchange through various broker-dealers. Prices listed are exclusive of commissions. Purchase Date Number of Shares Price Per Share ------------- ---------------- --------------- 8/27/97 19,000 14.0395 8/28/97 10,000 13.8188 10/28/97 22,000 14.3213 10/31/97 16,000 14.6289 11/3/97 3,000 14.9792 11/5/97 10,000 16.7125 11/6/97 2,800 16.8750 11/7/97 47,000 16.6803 11/11/97 10,000 17.0625 11/12/97 10,000 16.5500 11/12/97 2,000 16.7500 11/17/97 3,000 17.0625 11/20/97 35,000 17.8393 11/20/97 75,000 18.6935 11/21/97 18,000 19.2146 Total 282,800 ------- -----END PRIVACY-ENHANCED MESSAGE-----