UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20594
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No )*
Complete Management, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
20452C-10-4
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing 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).
*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).
PAGE
<PAGE>
<PAGE>
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harris William Investors (William Harris Investors, Inc.)
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5 SOLE VOTING POWER
None
6 SHARED VOTING POWER
*644,672 *Assumes conversion of $3,175,000 convertible notes into 352,772
shares of common stock.
7 SOLE DISPOSITIVE POWER
*644,672 *Assumes conversion of $3,175,000 convertible notes into 352,772
shares of common stock.
8 SHARED DISPOSITIVE POWER
None
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
*644,672 *Assumes conversion of $3,175,000 convertible notes into 352,772
shares of common stock.
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
*5.50% *Assumes conversion of $3,175,000 convertible notes into 352,772
shares of common stock.
12 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTION BEFORE FILLING OUT!
PAGE
<PAGE>
<PAGE> SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Amendment No
Item 1(a) Name of Issuer:
Complete Management, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
254 West 31st Street
New York, NY 10001
Item 2(a) Name of Person Filing:
William Harris Investors, Inc.
Item 2(b) Address of Principal Business Office:
2 North LaSalle Street, Suite 400
Chicago, IL 60602
Item 2(c) Citizenship:
The filing entity is a Delaware corporation
Item 2(d) Title of Class of Securities:
Common Stock, par value $0.001 per share
Item 2(e) CUSIP Number:
20452C-10-4
Item 3 Type of Person:
(e)[X] Investment Adviser registered under Section 203 of the Investment
Adviser Act of 1940
Item 4 Ownership at December 31, 1997:
(a) Amount beneficially owned:
*644,672 shares *Assumes conversion of $3,175,000 convertible
notes into 352,772 shares of common stock.
(b) Percent of class:
*5.50% *Assumes conversion of $3,175,000 convertible
notes into 352,772 shares of common stock.
(c) Number of shares as to which the filing person has:
(i) Sole power to vote or to direct the vote:
None
(ii) Shared power to vote or to direct the vote:
*644,672 *Assumes conversion of $3,175,000 convertible
notes into 352,772 shares of common stock.
(iii) Sole power to dispose or to direct the disposition of:
*644,672 *Assumes conversion of $3,175,000 convertible
notes into 352,772 shares of common stock.
(iv) Shared power to dispose or to direct the disposition of:
None
<PAGE>
<PAGE>
Item 5 Ownership of Five Percent or Less of a Class:
N/A
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
The securities reported herein have been acquired on behalf of
discretionary clients of William Harris Investors, Inc. ("WHI").
Persons other than WHI are entitled to receive all dividends
from, and proceeds from the sale of, those securities.
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company:
N/A
Item 8 Identification and Classification of Members of the Group:
N/A
Item 9 Notice of Dissolution of Group:
N/A
Item 10 Certification:
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant
in any transaction having such purpose or effect.
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.
Date: February 9, 1998
Signature: /s/ Gary Neumayer
Name/Title: Gary Neumayer, Treasurer and Compliance Officer<PAGE>