0000902664-05-000703.txt : 20120726
0000902664-05-000703.hdr.sgml : 20120726
20050215150506
ACCESSION NUMBER: 0000902664-05-000703
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050215
DATE AS OF CHANGE: 20050215
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: CAVALIER HOMES INC
CENTRAL INDEX KEY: 0000789863
STANDARD INDUSTRIAL CLASSIFICATION: MOBILE HOMES [2451]
IRS NUMBER: 630949734
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-39006
FILM NUMBER: 05616702
BUSINESS ADDRESS:
STREET 1: 32 WILSON BLVD. 100
STREET 2: P O BOX 540
CITY: ADDISON
STATE: AL
ZIP: 35540
BUSINESS PHONE: 2567479800
MAIL ADDRESS:
STREET 1: 32 WILSON BLVD. 100
STREET 2: P O BOX 540
CITY: ADDISON
STATE: AL
ZIP: 35540
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 13G
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 13G
1
srz05-0310.txt
CAVALIER HOMES INC SC 13G
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------
SCHEDULE 13G
(Rule 13d-102)
----------------
INFORMATION TO BE INCLUDED IN STATEMENTS PURSUANT TO
RULES 13d-1(b), (c) AND (d) AND AMENDMENTS
THERETO FILED PURSUANT TO 13d-2 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
Cavalier Homes, Inc.
(Name of Issuer)
Common Stock, $.10 Par Value
(Title of Class of Securities)
149507105
(CUSIP Number)
December 31, 2004
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 12 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 the purpose 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).
Schedule 13G PAGE 2 of 12
CUSIP No. 149507105
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Phaeton International (BVI) Ltd.
None
------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------------------------------------------------------------------
(3) SEC USE ONLY
------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
British Virgin Islands
------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
540,500
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
540,500
------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
540,500
------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.0%
------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
CO
------------------------------------------------------------------------
Schedule 13G PAGE 3 of 12
CUSIP No. 149507105
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Phoenix Partners, L.P.
13-6272912
------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------------------------------------------------------------------
(3) SEC USE ONLY
------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
588,000
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
588,000
------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
588,000
------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
3.3%
------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
------------------------------------------------------------------------
Schedule 13G PAGE 4 of 12
CUSIP No. 149507105
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Phoenix Partners II, L.P.
84-1631449
------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------------------------------------------------------------------
(3) SEC USE ONLY
------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
190,000
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
190,000
------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
190,000
------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.1%
------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
PN
------------------------------------------------------------------------
Schedule 13G PAGE 5 of 12
CUSIP No. 149507105
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Morgens, Waterfall, Vintiadis & Co., Inc.
13-2674766
------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------------------------------------------------------------------
(3) SEC USE ONLY
------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
1,318,500
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,318,500
------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,318,500
------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
7.4%
------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
IA
------------------------------------------------------------------------
Schedule 13G PAGE 6 of 12
CUSIP No. 149507105
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Edwin H. Morgens
###-##-####
------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------------------------------------------------------------------
(3) SEC USE ONLY
------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
1,318,500
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,318,500
------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,318,500
------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
7.4%
------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
IN
------------------------------------------------------------------------
Schedule 13G PAGE 7 of 12
CUSIP No. 149507105
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
John C. Waterfall
###-##-####
------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [X]
------------------------------------------------------------------------
(3) SEC USE ONLY
------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
0
SHARES _________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
1,318,500
OWNED BY _________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
0
REPORTING _________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
1,318,500
------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
1,318,500
------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
7.4%
------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON
IN
------------------------------------------------------------------------
Schedule 13G PAGE 8 of 12
CUSIP No. 149507105
ITEM 1(a). NAME OF ISSUER:
Cavalier Homes Inc
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
32 WILSON BLVD. 100, P O BOX 540, ADDISON AL 35540
ITEM 2(a). NAME OF PERSON FILING:
This Schedule 13G is filed jointly by (a) Phaeton International
(BVI) Ltd. ("Phaeton"), (b) Phoenix Partners, L.P. ("Phoenix"),
(c) Phoenix Partners II, L.P. ("Phoenix II"), (d) Morgens,
Waterfall, Vintiadis & Company, Inc. ("Morgens Waterfall"),
(e) Edwin H. Morgens ("Morgens") and (f) John C. Waterfall
("Waterfall" and together with the persons listed in paragraphs
(a) through (e), the "Reporting Persons").
Phaeton, Phoenix and Phoenix II are hereinafter sometimes
collectively referred to as the "Advisory Clients".
ITEM 2(b). ADDRESS OF PRINCIPAL OFFICE OR, IF NONE, RESIDENCE:
The business address of each of the Reporting Persons is 600 Fifth
Avenue, 27th Floor, New York NY 10020.
ITEM 2(c). CITIZENSHIP:
Phoenix is a limited partnership organized under the laws of the
State of New York. Phoenix II is a limited partnership
organized under the laws of the State of Delaware. Phaeton is
an exempted company organized in British Virgin Islands.
Morgens Waterfall is a corporation organized under the laws of
the State of New York. Each of Morgens and Waterfall are
United States citizens.
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.10
ITEM 2(e). CUSIP NUMBER:
149507105
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO 13d-1(b) OR 13d-2(b) OR (c),
CHECK WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or dealer registered under Section 15 of the Act
(b) [ ] Bank as defined in Section 3(a)(6) of the Act
(c) [ ] Insurance Company as defined in Section 3(a)(19) of the
Act
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940
(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940: see Rule 13d-
1(b)(1)(ii)(E)
Schedule 13G PAGE 9 of 12
CUSIP No. 149507105
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security
Act of 1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Rule 13d-
1(b)(ii)(G);
(h) [ ] Savings Associations as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940;
(j) [x] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
IF THIS STATEMENT IS FILED PURSUANT TO Rule 13d-1(c),
CHECK THIS BOX. [ ]
ITEM 4. OWNERSHIP.
A. Phaeton International (BVI) Ltd
(a) Amount beneficially owned: 540,500
(b) Percent of class: 3.0%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 540,500
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
540,500
B. Phoenix Partners, L.P.
(a) Amount beneficially owned: 588,000
(b) Percent of class: 3.3%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 588,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
588,000
C. Phoenix Partners II, L.P..
(a) Amount beneficially owned: 190,000
(b) Percent of class: 1.1%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 190,000
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
190,000
D. Morgens, Waterfall, Vintiadis & Co., Inc.
(a) Amount beneficially owned: 1,318,500
(b) Percent of class: 7.4%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 1,318,500
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
1,318,500
Schedule 13G PAGE 10 of 12
CUSIP No. 149507105
E. Edwin H. Morgens
((a) Amount beneficially owned: 1,318,500
(b) Percent of class: 7.4%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 1,318,500
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
1,318,500
F. John C. Waterfall
((a) Amount beneficially owned: 1,318,500
(b) Percent of class: 7.4%
(c)(i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 1,318,500
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:
1,318,500
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Morgens Waterfall is an investment adviser registered under
Section 203 of the Investment Advisers Act of 1940, as amended.
The business of Morgens Waterfall is the rendering of financial
services and as such it provides discretionary investment
advisory services to each of the Advisory Clients. In such
capacity, Morgens Waterfall holds for the accounts of the
Advisory Clients, the foregoing shares of Class A Membership
Units. Under the rules promulgated by the Securities and Exchange
Commission, Morgens Waterfall and its principals may be
considered "beneficial owners" of securities acquired by the
Advisory Clients. There is no agreement or understanding among
such Advisory Clients to act together for the purpose of
acquiring, holding, voting or disposing of any such securities.
Each such Advisory Client has the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the
sale of, the securities held in such person's account. No such
Advisory Client has any foregoing rights with respect to more
than five percent of the class of securities identified in Item
2(d).
Morgens is the Chairman and is also a Director of Morgens
Waterfall. Waterfall is the President of Morgens Waterfall and is
also a Director. Morgens Waterfall has no other officers and one
additional director. The primary occupations of Morgens and
Waterfall are to act as the principals in the business of Morgens
Waterfall.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Schedule 13G PAGE 11 of 12
CUSIP No. 149507105
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION. (if filing pursuant to Rule 13d-1(b))
By signing below each Reporting Person certifies that, to the
best of its knowledge and belief, the securities referred to
above were acquired and are held in the ordinary course of
business and were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of
the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction
having that purpose or effect.
Schedule 13G PAGE 12 of 12
CUSIP No. 149507105
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
DATED: February 15, 2005
/s/ John C. Waterfall
John C. Waterfall,
as attorney-in-fact for
the Reporting Persons