UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20594
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No 1 )*
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).
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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
*1,130,728 *Assumes conversion of $3,175,000
convertible notes into 352,778 shares of common stock.
7 SOLE DISPOSITIVE POWER
*1,130,728 *Assumes conversion of $3,175,000
convertible notes into 352,778 shares of common stock.
8 SHARED DISPOSITIVE POWER
None
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON
*1,130,728 *Assumes conversion of $3,175,000
convertible notes into 352,778 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
*7.35% *Assumes conversion of $3,175,000
convertible notes into 352,778 shares of common stock.
12 TYPE OF REPORTING PERSON*
IA
*SEE INSTRUCTION BEFORE FILLING OUT!
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<PAGE>SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Amendment No 1
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. ("WHI")
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, 1998:
(a) Amount beneficially owned:
*1,130,728 shares *Assumes conversion of
$3,175,000 convertible notes into 352,778 shares of common
stock.
(b) Percent of class:
*7.35% *Assumes conversion of $3,175,000
convertible notes into 352,778 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:
*1,130,728 *Assumes conversion of
$3,175,000 convertible notes into 352,778 shares of common
stock.
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(iii) Sole power to dispose or to direct the
disposition of:
*1,130,728 *Assumes conversion of
$3,175,000 convertible notes into 352,778 shares of common
stock.
(iv) Shared power to dispose or to direct the
disposition of:
None
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 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.
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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 16, 1999
Signature: /s/ Gary Neumayer
Name/Title: Gary Neumayer, Treasurer and Compliance
Officer<PAGE>
