-----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, P9HS6b9WD+2q2LiRWUiZyGXFIG5awrO7feu6y5XEO9gD/+2ingBhXZ8jCTjOBtq8 sBgLbsbeL4KwTvj7wr+gdw== 0001029869-97-000156.txt : 19970222 0001029869-97-000156.hdr.sgml : 19970222 ACCESSION NUMBER: 0001029869-97-000156 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19970214 SROS: NONE GROUP MEMBERS: DDJ CAPITAL MANAGEMENT LLC GROUP MEMBERS: DDJ COPERNICUS, LLC GROUP MEMBERS: DDJ GALILEO, LLC GROUP MEMBERS: DDJ OVERSEAS CORP. GROUP MEMBERS: KEPLER OVERSEAS CORP. GROUP MEMBERS: THE COPERNICUS FUND, L.P. GROUP MEMBERS: THE GALILEO FUND, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AMES DEPARTMENT STORES INC CENTRAL INDEX KEY: 0000006071 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 042269444 STATE OF INCORPORATION: DE FISCAL YEAR END: 0129 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-16050 FILM NUMBER: 97533017 BUSINESS ADDRESS: STREET 1: 2418 MAIN ST CITY: ROCKY HILL STATE: CT ZIP: 06067 BUSINESS PHONE: 2032572000 MAIL ADDRESS: STREET 1: 2418 MAIN STREET CITY: ROCKY HILL STATE: CT ZIP: 06067 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: DDJ CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001010422 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 043300754 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 141 LINDEN STREET STREET 2: SUITE 4 CITY: WELLESLEY STATE: MA ZIP: 02181 BUSINESS PHONE: 617-283-8500 MAIL ADDRESS: STREET 1: 141 LINDEN STREET STREET 2: SUITE 4 CITY: WELLESLEY STATE: MA ZIP: 02181 SC 13D/A 1 SCHEDULE 13D UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 5)(1) AMES DEPARTMENT STORES, INC. - -------------------------------------------------------------------------------- (Name of issuer) COMMON STOCK, par value $.01 per share - -------------------------------------------------------------------------------- (Title of class of securities) 030789507 ------------------------------------------------------------ (CUSIP number) Judy K. Mencher DDJ Capital Management, LLC 141 Linden Street, Suite 4 Wellesley, MA 02181 - -------------------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) February 7, 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, 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. [ ] (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule 13d-7.) Note: Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are to be sent. (Continued on following pages) (Page 1 of 14 Pages) - ------------------ [1] 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 disclosures provided in a prior cover page. The information required on 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 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 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 2 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Capital Management, LLC | | | 04-3300754 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 1,301,750 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 1,301,750 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | | | | 1,301,750 | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 6.36% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 3 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Overseas Corp. | | | 98-0151108 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | CAYMAN ISLANDS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 1,057,210 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 1,057,210 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | | | | 1,057,210 | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 5.16% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | CO | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 4 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Galileo, LLC | | | 04-3304422 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 1,067,210 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 1,067,210 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | | | | 1,067,210 | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 5.21% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 5 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | The Copernicus Fund, L.P. | | | 04-3193825 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 148,400 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 148,400 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 148,400 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 0.72% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | PN | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 6 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | DDJ Copernicus, LLC | | | 04-3304417 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | COMMONWEALTH OF MASSACHUSETTS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 148,400 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 148,400 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | | | | 148,400 | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 0.72% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | 00 | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 7 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | The Galileo Fund, L.P. | | | 04-3258283 | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 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 | | | | | | SHARES | | 10,000 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 10,000 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | | | | 10,000 | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 0.05% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | PN | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! SCHEDULE 13D |-----------------------| |--------------------------| |CUSIP Nos. 030789507 | | Page 8 of 14 Pages | |-----------------------| |--------------------------| |----------------------------------------------------------------------------| | | | | 1 | NAME OF REPORTING PERSON | | | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | | | | Kepler Overseas Corp. | | | | |---------|------------------------------------------------------------------| | | | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]| | | SEE ITEM #5 (b) [ ]| |---------|------------------------------------------------------------------| | | | | 3 | SEC USE ONLY | | | | |---------|------------------------------------------------------------------| | | | | 4 | SOURCE OF FUNDS* | | | WC | | | | |---------|------------------------------------------------------------------| | | | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED | | | PURSUANT TO ITEMS 2(d) or 2(e) [ ] | |---------|------------------------------------------------------------------| | | | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | | | | CAYMAN ISLANDS | | | | |----------------|-----|-----------------------------------------------------| | | | | | NUMBER OF | 7 | SOLE VOTING POWER | | | | | | SHARES | | 43,070 | | |-----|-----------------------------------------------------| | BENEFICIALLY | | | | | 8 | SHARED VOTING POWER | | OWNED BY EACH | | | | |-----|-----------------------------------------------------| | REPORTING | | | | | 9 | SOLE DISPOSITIVE POWER | | PERSON | | | | | | 43,070 | | WITH |-----|-----------------------------------------------------| | | | | | | 10 | SHARED DISPOSITIVE POWER | | | | | |----------------------------------------------------------------------------| | | | | 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | | | | 43,070 | | | | |---------|------------------------------------------------------------------| | | | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) | | | EXCLUDES CERTAIN SHARES* [ ] | | | | |---------|------------------------------------------------------------------| | | | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) | | | | | | 0.21% | |---------|------------------------------------------------------------------| | | | | 14 | TYPE OF REPORTING PERSON * | | | | | | CO | |----------------------------------------------------------------------------| * SEE INSTRUCTIONS BEFORE FILLING OUT! Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 9 of 14 Pages - -------------------------------------------------------------------------------- This Amendment No. 5 to Schedule 13D ("Amendment No. 5") should be read in conjunction with the Schedule 13D (the "Schedule 13D"), Amendment No. 1 thereto, Amendment No. 2 thereto, Amendment No. 3 thereto and Amendment No. 4 thereto dated March 1, 1996, May 28, 1996, June 20, 1996 and August 14, 1996, respectively, and filed with the Securities and Exchange Commission by DDJ Capital Management, LLC., a Massachusetts limited liability company ("DDJ"), and certain affiliates relating to the common stock, par value $.Ol per share (the "Common Stock" or the "Shares"), of Ames Department Stores, Inc. a Delaware corporation (the "Issuer" or the "Company"). This Amendment No. 5 amends the Schedule 13D and Amendment Nos. 1, 2, 3 and 4 only with respect to those items listed below. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto on the Schedule 13D and Amendment Nos. 1, 2, 3 and 4. The filing of this Amendment No. 5 is not, and should not be deemed to be, an admission that the Schedule 13D or any Amendment thereto is required to be filed. Item 2. Identity and Background: Item 2 is deleted in its entirety and amended as follows: This statement is being filed jointly by DDJ Capital Management, LLC ("DDJ"), a Massachusetts limited liability company, DDJ Overseas Corp., a Cayman Islands corporation, DDJ Galileo, LLC, a Massachusetts limited liability company, The Copernicus Fund, L.P., a Massachusetts limited partnership, DDJ Copernicus, LLC, a Massachusetts limited liability company, The Galileo Fund, L.P., a Delaware limited partnership and Kepler Overseas Corp., a Cayman Islands corporation. Each of the aforementioned entities shall be collectively referred to as the "DDJ Affiliates". DDJ Copernicus, LLC is the general partner of, and DDJ (as a result of the merger of DDJ Copernicus Management, LLC with and into DDJ) is the investment manager for, The Copernicus Fund, L.P. DDJ Galileo, LLC owns all of the voting securities of, and DDJ (as a result of the merger of DDJ Galileo Management, LLC with and into DDJ) is the investment manager for, DDJ Overseas Corp. DDJ Galileo is the general partner of, and DDJ (as a result of the merger of DDJ Galileo Management, LLC with and into DDJ) is the investment manager for, The Galileo Fund, L.P.; DDJ is also the investment manager for Kepler Overseas Corp. and Crocodile I, LLC, a Cayman Islands limited liability company (the "Advisory Account"). The principal office of each of DDJ and the DDJ Affiliates, with the exception of DDJ Overseas Corp. and Kepler Overseas Corp., are located at 141 Linden Street, Suite 4, Wellesley, Massachusetts 02181. The principal office of DDJ Overseas Corp. and Kepler Overseas Corp. is: c/o Goldman Sachs (Cayman), Harbor Center, George Town, Post Office Box 896, Grand Cayman Islands. The name, residence, or business address, principal occupation or employment and citizenship of each of the executive officers and members of DDJ and each of the DDJ Affiliates are set forth on Schedule A hereto. Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 10 of 14 Pages - -------------------------------------------------------------------------------- Within the past five years, none of the DDJ Affiliates or the persons listed on Schedule A has been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors) or has been a party to any civil proceeding and as a result thereof was or is subject to any 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. The shares to which this statement relates are owned by either The Copernicus Fund, L.P., The Galileo Fund, L.P., DDJ Overseas Corp., Kepler Overseas Corp. (collectively, the "Funds") or the Advisory Account. Item 3. Sources and Amount of Funds or Other Consideration: Item 3 is deleted in its entirety and amended as follows: The Funds which own or owned Shares purchased in the aggregate 1,301,750 Shares for cash in the amount of approximately 3,450,910.91 including brokerage commissions. All of the 148,400 Shares of common stock owned by The Copernicus Fund, L.P. were purchased for cash or on margin pursuant to a typical customer margin agreement with Goldman Sachs & Co.; all of the 1,057,210 Shares owned by DDJ Overseas Corp. were purchased for cash or on margin pursuant to a typical customer margin agreement with Goldman Sachs & Co; all of the 10,000 shares owned by The Galileo Fund, L.P. were purchased for cash; and all of the 43,070 shares owned by Kepler Overseas Corp. were purchased for cash or on margin pursuant to a typical customer margin agreement with Goldman Sachs & Co. During the period from December 9, 1996 to the date hereof, the Funds and/ or Advisory Account sold 711,400 Shares. The attached Schedule B sets forth Shares purchased and/or sold by the Funds and/or Advisory Account since December 9, 1996. Item 5. Interest in Securities of Issuer: Paragraph (a) of Item 5 is amended as follows: (a) DDJ Overseas Corp. owns, and DDJ Galileo, LLC and DDJ beneficially own as majority shareholder and investment manager, respectively, of DDJ Overseas Corp. 1,057,210 Shares, or approximately 5.16% of the outstanding Shares of the Company. The Copernicus Fund, L.P. owns, and DDJ Copernicus, LLC and DDJ beneficially own, as general partner and investment manager, respectively, of The Copernicus Fund, L.P. 148,400 Shares, or approximately .72% of the outstanding Shares of the Company. The Galileo Fund, L.P. owns, and DDJ Galileo, LLC and DDJ beneficially own, as general partner and investment manager, respectively, of The Galileo Fund, L.P., 10,000 Shares, or approximately .05% of the outstanding Shares of the Company. Kepler Overseas Corp. owns, and DDJ as investment manager beneficially owns, 43,070 Shares, or approximately .21% of the outstanding Shares of the Company. DDJ as investment manager to the Funds and the Advisory Account may be deemed to beneficially own 1,301,750 Shares, or approximately 6.36% of the outstanding Shares of the Company. Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 11 of 14 Pages - -------------------------------------------------------------------------------- Daniel G. Harmetz, a member of DDJ, DDJ Galileo, LLC, and DDJ Copernicus, LLC, beneficially owns 15,000 Shares representing approximately .07%. He has sole power to vote and to dispose of such Shares. Neither DDJ nor any of the DDJ Affiliates and, to the best of knowledge of DDJ and the DDJ Affiliates, except for Mr. Harmetz, none of the persons named in Schedule A, beneficially own any other Shares. Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 12 of 14 Pages - -------------------------------------------------------------------------------- SCHEDULE A ---------- The name and present principal occupation or employment of each executive officer and member of DDJ Capital Management, LLC and each of the DDJ Affiliates are set forth below. The business address of each person is 141 Linden Street, Suite 4, Wellesley, MA 02181 and the address of the corporation or organization in which such employment is conducted is the same as each person's business address, except that the principal address of DDJ Overseas Corp. and Kepler Overseas Corp. is set forth in Item 2. All of the persons listed below are U.S. citizens. NAME PRINCIPAL OCCUPATION OR EMPLOYMENT - ---- ----------------------------------- Daniel G. Harmetz Principal of DDJ Capital Management, LLC, DDJ Galileo, LLC, and DDJ Copernicus, LLC. David J. Breazzano Principal of DDJ Capital Management, LLC, DDJ Galileo, LLC, and DDJ Copernicus, LLC. Judy K. Mencher Principal of DDJ Capital Management, LLC, DDJ Galileo, LLC, DDJ Copernicus, LLC, Vice President of DDJ Overseas Corp. and Director of Kepler Overseas Corp. Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 13 of 14 Pages - -------------------------------------------------------------------------------- SCHEDULE B ---------- Ames Department Stores, Inc. - ---------------------------- Set forth below is an itemization of all purchases and sales of Shares of Common Stock since December 9, 1997. The transactions were made for cash in open market transactions. TYPE: PURCHASE AGGREGATE DATE OR SALE SHARES PRICE =============================================================================== 12/30/96 Buy 10,000 $ 44,050.00 12/31/97 Buy 6,000 $ 35,240.00 1/2/97 Buy 52,500 $ 230,212.50 1/2/97 Sell (52,500) $ (229,154.84) 1/9/97 Sell (15,000) $ (73,829.02) 1/16/97 Buy 5,000 $ 26,400.00 1/16/97 Sell (50,000) $ (255,681.42) 1/17/97 Sell (15,000) $ (85,797.12) 1/21/97 Sell ( 9,500) $ (57,010.44) 1/22/97 Sell (21,500) $ (132,882.74) 1/23/97 Sell (30,000) $ (188,206.70) 1/24/97 Sell (10,000) $ (63,510.87) 1/27/97 Sell (74,500) $ (516,867.89) 1/31/97 Buy 83,000 $ 527,401.30 2/5/97 Sell (37,500) $ (268,427.30) 2/6/97 Buy 20,500 $ 145,739.00 2/6/97 Sell (10,000) $ (71,885.58) 2/7/97 Buy 29,500 $ 228,147.26 2/7/97 Sell (416,400) $(3,198,320.77) 2/10/97 Buy 1,000 $ 8,155.00 2/10/97 Sell (44,000) $ (351,200.62) 2/12/97 Sell (10,000) $ (80,947.29) 2/13/97 Sell (125,000) $(1,057,062.50) Schedule 13D - -------------------------------------------------------------------------------- CUSIP NO. 030789507 Page 14 of 14 Pages - -------------------------------------------------------------------------------- Signature --------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. DDJ CAPITAL MANAGEMENT, LLC By: /s/ Judy K. Mencher ----------------------------- Judy K. Mencher Dated: -----END PRIVACY-ENHANCED MESSAGE-----