0000902664-95-000051.txt : 19950811
0000902664-95-000051.hdr.sgml : 19950811
ACCESSION NUMBER: 0000902664-95-000051
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 19950810
SROS: NASD
GROUP MEMBERS: BEV PARTNERS, L.P.
GROUP MEMBERS: EGS ASSOCIATES, L.P.
GROUP MEMBERS: EGS PARTNERS LLC
GROUP MEMBERS: EGS PARTNERS, L.L.C.
GROUP MEMBERS: FREDERIC GREENBERG
GROUP MEMBERS: FREDERICK KETCHER
GROUP MEMBERS: JONAS GERSTL
GROUP MEMBERS: THE PHARMACEUTICAL/MEDICAL TECHNOLOGY FUND, L.P.
GROUP MEMBERS: WILLIAM EHRMAN
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: INAMED CORP
CENTRAL INDEX KEY: 0000109831
STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842]
IRS NUMBER: 590920629
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-34274
FILM NUMBER: 95560456
BUSINESS ADDRESS:
STREET 1: 3800 HOWARD HUGHES PARKWAY STE 900
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
BUSINESS PHONE: 7027913388
MAIL ADDRESS:
STREET 1: 3800 HOWARD HUGHES PARKWAY STE 900
CITY: LAS VEGAS
STATE: NV
ZIP: 89109
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST AMERICAN CORP /FL/
DATE OF NAME CHANGE: 19860819
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: EGS PARTNERS LLC
CENTRAL INDEX KEY: 0000897018
STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000]
IRS NUMBER: 133679110
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 300 PARK AVENUE
STREET 2: 21ST FL
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 2127559000
FORMER COMPANY:
FORMER CONFORMED NAME: EGS PARTNERS LP /NY/ /ADV
DATE OF NAME CHANGE: 19930715
FORMER COMPANY:
FORMER CONFORMED NAME: EGS PARTNERS LP /NY/ /ADV
DATE OF NAME CHANGE: 19930715
SC 13D/A
1
AMENDMENT NO. 6 TO SCHEDULE 13D
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
Inamed Corporation
(Name of Issuer)
Common Stock, Par Value $.01
(Title of Class of Securities)
453235103
(CUSIP Number)
Arthur Goetchius
300 Park Avenue, 21st Fl., New York, NY 10022 (212) 755-9395
(Name, address and telephone number of person
authorized to receive notices and communications)
August 8, 1995
(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.
* 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).
13D
CUSIP No. 453235103
____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
EGS Associates, L.P.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(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
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
76,913
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
76,913
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
76,913
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
1.02%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
PN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
13D
CUSIP No. 453235103
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
EGS Partners, L.L.C.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(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
122,665
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
122,665
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
122,665
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
1.63%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IA
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
13D
CUSIP No. 453235103
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Bev Partners, L.P.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(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
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
62,159
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
62,159
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
62,159
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
.83%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
PN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
13D
CUSIP No. 453235103
____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
The Pharmaceutical/Medical Technology Fund, L.P.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(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
-0-
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
137,763
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
137,763
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
137,763
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
1.84%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
PN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
13D
CUSIP No. 453235103
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
William Ehrman
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
PF 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
28,400
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
442,800
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
28,400
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
442,800
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
471,200
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
6.28%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
13D
CUSIP No. 453235103
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Frederic Greenberg
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF PF
____________________________________________________________
(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
1,000
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
419,000
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
1,000
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
419,000
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
420,000
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
5.60%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
13D
CUSIP No. 453235103
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Frederick Ketcher
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF PF
____________________________________________________________
(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
18,500
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
400,000
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
18,500
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
400,000
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
418,500
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
5.58%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
13D
CUSIP No. 453235103
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Jonas Gerstl
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [ ]
(b) [X]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) SOURCE OF FUNDS **
AF PF
____________________________________________________________
(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
5,000
SHARES ______________________________________________________________
BENEFICIALLY (8) SHARED VOTING POWER
399,500
OWNED BY ___________________________________________________________
EACH (9) SOLE DISPOSITIVE POWER
5,000
REPORTING ______________________________________________________________
PERSON WITH (10) SHARED DISPOSITIVE POWER
399,500
_____________________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
404,500
_____________________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (11) EXCLUDES CERTAIN SHARES ** [ ]
_____________________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (11)
5.39%
_____________________________________________________________________________
(14) TYPE OF REPORTING PERSON **
IN
_____________________________________________________________________________
** SEE INSTRUCTIONS BEFORE FILLING OUT!
The Schedule 13D, initially filed on April 6, 1992, is hereby amended
and restated in its entirety by this Amendment No. 6 to the Schedule 13D as
follows:
ITEM 1. SECURITY AND ISSUER.
This statement relates to the common stock, $.01 par value (the "Common
Stock"), issued by Inamed Corporation, a Florida corporation (the "Company"),
whose principal executive offices are 3800 Howard Hughes Parkway, Suite 900,
Las Vegas, NV 89109.
ITEM 2. IDENTITY AND BACKGROUND.
(a) This statement is filed by (i) EGS Associates, L.P., a Delaware limited
partnership ("EGS Associates"), with respect to shares of Common Stock
beneficially owned by it, (ii) EGS Partners, L.L.C., a Delaware limited
liability company ("EGS Partners"), with respect to shares of Common Stock
beneficially owned by EGS Overseas Fund Limited, a British Virgin Islands
corporation ("EGS Overseas"), as well as shares of Common Stock held in other
discretionary accounts managed by EGS Partners, (iii) Bev Partners, L.P., a
Delaware limited partnership ("Bev Partners"), with respect to shares of
Common Stock beneficially owned by it, (iv) the Pharmaceutical/Medical
Technology Fund, L.P., a Delaware limited partnership ("Pharm Fund"), with
respect to shares of Common Stock beneficially owned by it, (v) William
Ehrman, with respect to shares of Common Stock beneficially owned by him,
members of his immediate family, EGS Associates, EGS Partners, Bev Partners
and Pharm Fund, (vi) Frederic Greenberg, with respect to shares of Common
Stock beneficially owned by him, members of his immediate family, EGS
Associates, EGS Partners, Bev Partners and Pharm Fund, (vii) Frederick
Ketcher, with respect to shares of Common Stock beneficially owned by him, EGS
Associates, EGS Partners, Bev Partners and Pharm Fund; and (viii) Jonas
Gerstl, with respect to shares of Common Stock beneficially owned by him, EGS
Associates, EGS Partners, Bev Partners and Pharm Fund. The foregoing persons
hereinafter sometimes are referred to collectively as the "Reporting Persons".
Any disclosures herein with respect to persons other than the Reporting
Persons are made on information and belief after making inquiry to the
appropriate party.
The general partners of EGS Associates, EGS Partners, Bev Partners and Pharm
Fund are William Ehrman, Frederic Greenberg, Frederick Ketcher, and Jonas
Gerstl (collectively, the "General Partners").
(b) The address of the principal business and principal office of (i) EGS
Associates, EGS Partners, Bev Partners, Pharm Fund and each of the General
Partners is 300 Park Avenue, New York, New York 10022 and (ii) EGS Overseas is
CITCO Building, Wickhams Cay, P.O. Box 662, Road Town, Tortola, British Virgin
Islands.
(c) The principal business of each of EGS Associates, EGS Overseas, Bev
Partners and Pharm Fund is that of a private investment firm, engaging in the
purchase and sale of securities for investment for its own account. The
principal business of EGS Partners is that of a private investment firm and a
registered investment adviser under the Investment Advisers Act of 1940, as
amended, engaging in the purchase and sale of securities for investment on
behalf of discretionary accounts and EGS Overseas. The present principal
occupations of the General Partners are as general partners/members of EGS
Associates, EGS Partners, Bev Partners and Pharm Fund and other limited
partnerships.
(d) None of the persons referred to in paragraph (a) above has, during the
last five years, been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors).
(e) None of the persons referred to in paragraph (a) above has, during the
last five years, 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 violation with respect to such
laws.
(f) Each of the individuals referred to in paragraph (a) above is a United
States citizen. EGS Associates, EGS Partners, Bev Partners and Pharm Fund are
Delaware limited partnerships. EGS Overseas is a British Virgin Islands
corporation.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The net investment cost (including commissions, if any) of the shares of
Common Stock beneficially owned by EGS Associates, EGS Partners (exclusive of
shares beneficially owned by EGS Overseas), EGS Overseas, Bev Partners and
Pharm Fund is approximately $197,498, $260,602, $45,815, $133,896, and
$343,928, respectively.
The net investment cost (excluding commissions, if any) of the shares of
Common Stock owned directly by Mr. Greenberg, and by members of his immediate
family, is approximately $59,188.
The net investment cost (excluding commissions, if any) of the shares of
Common Stock owned directly by Mr. Ehrman, and by members of his immediate
family, is approximately $196,458.
The net investment cost (excluding commissions, if any) of the shares of
Common Stock owned directly by Mr. Ketcher, and by members of his immediate
family, is approximately $38,250.
The net investment cost (excluding commissions, if any) of the shares of
Common Stock owned directly by Mr. Gerstl, is approximately $14,375.
The shares of Common Stock purchased by each of EGS Associates, EGS
Overseas,
Bev Partners and Pharm Fund were purchased with the investment capital of the
respective entities and with investment capital of each discretionary account
under management of EGS Partners. The shares of Common Stock purchased by
Messrs. Greenberg, Ketcher, Gerstl and Ehrman were purchased with personal
funds or trust funds.
The shares of Common Stock beneficially owned by EGS Associates, EGS
Partners (excluding EGS Overseas), EGS Overseas, Bev Partners, and Pharm Fund
are held in their respective commingled margin accounts, or in the case of EGS
Partners, in margin and non-margin accounts held by each discretionary account
under its management. Such margin accounts are maintained at Bear Stearns &
Co. Inc., and may from time to time have debit balances. Non-margin accounts
are maintained at Bankers Trust Company. Since other securities are held in
such margin accounts, it is not possible to determine the amounts, if any, of
margin used with respect to the shares of Common Stock purchased. The shares
owned by Mr. Greenberg are held in his various accounts maintained at Goldman,
Sachs & Co. or are beneficially owned by members of his immediate family. The
shares owned by Mr. Ketcher are held in his various accounts maintained at
Bear Stearns & Co. Inc. or are beneficially owned by members of his immediate
family. The shares owned by Mr. Ehrman are held in an accounts maintained at
Bishop Rosen or Bear Stearns & Co., Inc, or are beneficially owned by members
of his immediate family. The shares owned by Mr. Gerstl are held in a joint
account maintained at Josephthal Lyon and Ross Incorporated. Currently, the
interest rate charged on such various margin accounts is approximately 6.75%
per annum.
ITEM 4. PURPOSE OF THE TRANSACTION.
The purpose of the acquisition of the shares of the Common Stock by the
Reporting Persons was for investment. The Reporting Persons have recently
disposed of and each may in the future dispose of any and all of the shares of
the Common Stock held by it or him at any time, or acquire other shares.
None of the Reporting Persons has any plans or proposals which relate
to, or could result in, any of the matters referred to in paragraphs (b)
through (j), inclusive, of Item 4 of Schedule 13D. Such entities and persons
may, at any time and from time to time, review or reconsider their position
with respect to the Company, and formulate plans or proposals with respect to
any of such matters, but have no present intention of doing so.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) The approximate aggregate percentage of shares of Common Stock
reported beneficially owned by each person herein is based on 7,502,939 shares
outstanding, which is the total number of shares of Common Stock outstanding
as of March 31, 1995, as reflected in the company's quarterly report on Form
10-Q filed with the Securities and Exchange Commission (the "Commission") for
the fiscal quarter ended March 31, 1995 (which is the most recent Form 10-Q on
file).
As of the close of business on August 8, 1995:
(i) EGS Associates owns beneficially 76,913 shares of Common
Stock, constituting approximately 1.02% of the shares outstanding.
(ii) EGS Partners owns directly no shares of Common Stock. By
reason of the provisions of Rule 13D-3 of the Securities Exchange Act of 1934,
as amended (the "Act"), EGS Partners may be deemed to own beneficially 98,127
shares (constituting approximately 1.31% of the shares outstanding), purchased
for discretionary accounts managed by it, other than EGS Overseas, and 24,538
shares of Common Stock purchased for EGS Overseas (less than 1% of the shares
outstanding), which, when aggregated, total 122,665 shares of Common Stock,
constituting approximately 1.63% of the shares outstanding.
(iii) Bev Partners owns beneficially 62,159 shares of Common
Stock, constituting less than 1% of the shares outstanding.
(iv) Pharm Fund owns 137,763 shares of Common Stock, constituting
approximately 1.84% of the shares outstanding.
(v) Mr. Ehrman owns directly, and beneficially through ownership
by members of his immediate family, 71,700 shares of Common Stock,
constituting less than 1% of the shares outstanding.
(vi) Mr. Greenberg owns directly, and beneficially through
ownership by members of his immediate family, 20,500 shares of Common Stock,
constituting less than 1% of the shares outstanding.
(vii) Mr. Ketcher owns directly, and beneficially through
ownership by members of his immediate family, 19,000 shares of Common Stock.
(viii) Mr. Gerstl owns directly 5,000 shares of Common Stock.
By reason of the provisions of Rule 13D-3 of the Act, each of the
General Partners may be deemed to own the 76,913 shares beneficially owned by
EGS Associates, the 122,665 shares beneficially owned by EGS Partners, the
62,159 shares beneficially owned by Bev Partners and the 137,763 shares
beneficially owned by Pharm Fund. When the shares beneficially owned by EGS
Associates, EGS Partners, Bev Partners, and Pharm Fund are aggregated, they
total 399,500 shares of Common Stock, constituting approximately 5.32% of the
shares outstanding.
(viii) In the aggregate, the Reporting Persons beneficially
own a total of 515,700 shares of Common Stock, constituting approximately
6.87% of the shares outstanding.
(b) (i) Each of EGS Associates, EGS Partners (with respect to
shares of EGS Overseas and other discretionary accounts), Bev Partners and
Pharm Fund has the power to vote and to dispose of the shares of Common Stock
beneficially owned by it, which power may be exercised by the General
Partners. Each of EGS Overseas and the discretionary accounts is a party to
an investment management agreement with EGS Partners pursuant to which EGS
Partners has investment authority with respect to securities held in such
account.
(ii) Each General Partner has the sole power to vote and
dispose of the shares owned directly by him. Messrs. Ehrman and Greenberg
have shared power to vote and dispose of shares owned by members of their
immediate family. Mr. Gerstl has shared power to vote and dispose of shares
owned jointly with members of his immediate family.
(c) The trading dates, number of shares of Common Stock
purchased or sold and price per share for all transactions in the Common Stock
from the 60th day prior to August 7, 1995 until August 8, 1995 by EGS
Associates, EGS Partners (excluding EGS Overseas), EGS Overseas, Pharm Fund,
Bev Partners, Mr. Greenberg and Mr. Ehrman, are set forth in Schedules A, B,
C, D, E, F and G, respectively, and were all effected in the over-the-counter
market or on the Pacific Stock Exchange. During such period, Messrs. Gerstl,
and Ketcher did not enter into any transactions in the Common Stock.
(d) No person other than each respective record owner referred
to herein of shares of Common Stock is known to have the right to receive or
the power to direct the receipt of dividends from or the proceeds of sale of
such shares of Common Stock.
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
There are no contracts, arrangements, understandings or relationships
(legal or otherwise) among the persons named in Item 2 hereof or between such
persons and any other person with respect to any securities of the Issuer
including but not limited to transfer or voting of any other securities,
finder's fees, joint ventures, loan or option arrangements, puts or calls,
guarantees of profits, divisions of profits or losses, or the giving or
withholding of proxies.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
The following exhibit was filed with the original Schedule 13D filed on
April 6, 1992 and is hereby incorporated in its entirety by this reference
thereto.
Exhibit 1 A written agreement relating to the filing of joint
acquisition statements as required by Rule 13D-1(f)(1) of
the Act.
SIGNATURES
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: August 9, 1995 /s/ Frederic Greenberg
Frederic Greenberg, as Attorney-In-Fact for William Ehrman, individually and
as general partner of each of EGS PARTNERS, L.L.C., EGS ASSOCIATES, L.P., BEV
PARTNERS, L.P. and THE PHARMACEUTICAL/MEDICAL TECHNOLOGY FUND,
L.P.
/s/ Frederic Greenberg
Frederic Greenberg, individually and as general partner of each of EGS
PARTNERS, L.L.C., EGS ASSOCIATES, L.P., BEV PARTNERS, L.P. and THE
PHARMACEUTICAL/MEDICAL TECHNOLOGY FUND, L.P.
/s/ Frederick Ketcher
Frederick Ketcher, individually and as general partner of each of EGS
PARTNERS, L.L.C., EGS ASSOCIATES, L.P., BEV PARTNERS, L.P. and THE
PHARMACEUTICAL/MEDICAL TECHNOLOGY FUND, L.P.
/s/ Jonas Gerstl
Jonas Gerstl, individually and as general partner of each of EGS PARTNERS,
L.L.C., EGS ASSOCIATES, L.P., BEV PARTNERS, L.P. and THE
PHARMACEUTICAL/MEDICAL TECHNOLOGY FUND, L.P.
Schedule A
EGS Associates, L.P.
Transactions in the Common Stock
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
8/1/95 (7,387) $8.66
8/4/95 (9,780) $9.13
8/4/95 (9,030) $8.86
8/8/95 (30,000) $10.88
Schedule B
EGS Partners, L.P.
Transactions in the Common Stock
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
8/1/95 (23,912) $8.66
8/3/95 (6,500) $8.57
8/4/95 (5,100) $9.13
8/4/95 (4,708) $8.86
8/8/95 (40,000) $10.88
Schedule C
EGS Overseas Fund, Ltd.
Transactions in the Common Stock
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
8/1/95 (1,793) $8.66
8/3/95 (5,000) $8.57
8/4/95 (2,370) $9.13
8/4/95 (2,188) $8.86
8/8/95 (20,000) $10.88
Schedule D
The Pharmaceutical/Medical Technology Fund, L.P.
Transactions in the Common Stock
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
8/1/95 (4,740) $8.66
8/4/95 (6,300) $9.13
8/4/95 (5,817) $8.86
8/8/95 (45,000) $10.88
Schedule E
Bev Partners, L.P.
Transactions in the Common Stock
Price Per Share
Date of Number of (including
Transaction Shares Purchased/(Sold) Commissions, if any)
8/1/95 (4,868) $8.66
8/4/95 (6,450) $9.13
8/4/95 (5,957) $8.86
8/8/95 (40,000) $10.88
Schedule F
Frederic Greenberg
Transactions in the Common Stock
Price Per Share
Date of Number of (excluding
Transaction Shares Purchased/(Sold) Commissions, if any)
8/8/95 (6,500) $9.88
8/8/95 (10,000) $9.31
Schedule G
William Ehrman
Transactions in the Common Stock
Price Per Share
Date of Number of (excluding
Transaction Shares Purchased/(Sold) Commissions, if any)
6/9/95 1,000** $3.50
6/19/95 1,000** $3.38
6/23/95 1,000 $3.38
8/7/95 (14,000) $9.61
8/7/95 (21,000)* $9.65
8/7/95 (5,000)* $9.61
8/8/95 (2,600)** $9.88
8/8/95 (2,000)** $9.75
8/8/95 (8,000)** $9.31
_________________________________
* Shares held in an account for the benefit of Mr. Ehrman's spouse.
** Shares held in an account for the benefit of Mr. Ehrman's daughter.