U.S. Securities and Exchange Commission
Washington, DC 20549
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Schedule 13G
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Under the Securities Exchange Act of 1934
Omnipoint Corporation
(name of issuer)
Common Stock
(title of class of securities)
68212D102
(CUSIP number)
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CUSIP NO. 68212D102
1 NAME OF REPORTING PERSON S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE
PERSON
Douglas G. Smith
2 CHECK THE APPROPRIATE BOX OF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE IF ORGANIZATION
United States
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5 SOLE VOTING POWER
10,162,431
6 SHARED VOTING POWER
1,180,569
7 SOLE DISPOSITIVE POWER
10,162,431
8 SHARED DISPOSTIVE POWER
1,180,569
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,343,000
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* [ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
17.55%
12 TYPE OF REPORTING PERSON*
IN
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Item 1. (a) Name of Issuer
Omnipoint Corporation
(b) Address of Issuer's Principal Executive Offices
2000 North 14th Street, Suite 550
Arlington, VA 22201
Item 2. (a) Name of Person Filing
Douglas G. Smith
(b) Address of Principal Business Office or, if none, Residence
1200 North Veitch Street
Arlington, VA 22201
(c) Citizenship
United States
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
68212D102
Item 3. The Reporting Person is not filing this information statement pursuant
to Rule 13d-1(b) or 13d-2(b).
Item 4. Ownership
(a) As of December 31, 1996, the Reporting Person beneficially
owns an aggregate of 11,343,000 shares of Common Stock of Omnipoint Corporation.
The 11,343,000 shares include 31,720 shares owned by the Reporting Person's
minor children, 8,968,000 shares held by Advance Capital which is a sole
proprietorship, and 1,180,569 shares held in a trust. The Reporting Person does
not exercise voting or investment power over, and disclaims beneficial ownership
of, the shares held in the trust. The Reporting Person has voting and investment
power with respect to the other shares.
(b) The 11,343,000 shares of Common Stock beneficially owned by
the Reporting Person constitute 22.2% of the total number of shares outstanding
as of the end of the fiscal year of 1996.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 10,162,431
shares
(ii)shared power to vote or to direct the vote: 1,180,569
shares
(iii) sole power to dispose or to direct the disposition of:
10,162,431 shares
(iv)shared power to dispose or to direct the disposition
of: 1,180,569 shares
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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
Advance Capital is a sole proprietorship which holds 8,968,000 shares of
Common Stock of Omnipoint Corporation. The Reporting Person has the voting and
investment power with respect to these securities.
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Securities 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
N/A
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
hereby certify that the information set forth in this statement is true,
complete and correct.
Dated: February ___, 1997
By: /s/ Douglas G. Smith
Douglas G. Smith
