PERFORMANCE TECHNOLOGIES INC \DE\
SC 13G, 1998-02-17
PRINTED CIRCUIT BOARDS
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CUSIP No. 71376K 10 2

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                   Schedule 13G
                                 (Rule 13d-102)


               INFORMATION TO BE INCLUDED IN STATEMENTS FILED
        PURSUANT TO RULES 13d-1 (b) and (c) AND AMENDMENTS THERETO FILED
                              PURSUANT TO 13d-2(b)
                               (Amendment No. 1)


                     Performance Technologies, Incorporated
                                (Name of Issuer)


                          Common Stock, $.01 par value
                         (Title of Class of Securities)

                                   71376K 10 2
                                 (CUSIP Number)





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CUSIP No. 71376K 10 2

                                       13G

- --------- -------
 1        NAME OF REPORTING PERSONS
          I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS

          Charles E. Maginness
- --------- -------
 2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
           (a)
           (b)
- --------- -------
 3        SEC USE ONLY

- --------- -------
 4        CITIZENSHIP OR PLACE OF ORGANIZATION

          United States
- ---------         ------ -------------------------------------------------------
                   5     SOLE VOTING POWER - 536,133
NUMBER
OF
 SHARES
BENEFICIALLY
OWNED
BY EACH
REPORTING
PERSON
  WITH
                  ------ -------------------------------------------------------
                   6     SHARED VOTING POWER - 0

                  ------ -------------------------------------------------------
                   7     SOLE DISPOSITIVE POWER - 536,133

                  ------ -------------------------------------------------------
                   8     SHARED DISPOSITIVE POWER  - 0

- --------- -------
 9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

          605,631 (See Item 4 for disclaimer of beneficial ownership as to
          certain shares)
 --------- -------
10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)EXCLUDES CERTAIN SHARES*

- --------- -------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

          8.2%
- --------- -------
 12       TYPE OF REPORTING PERSON*

          IN
- --------- -------



*SEE INSTRUCTIONS BEFORE FILLING OUT!


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Item 1(a).        Name of Issuer:

                  Performance Technologies, Incorporated

Item 1(b).        Address of Issuer's Principal Executive Offices:

                  315 Science Parkway
                  Rochester, New York 14620

Item 2(a).        Names of Person Filing:

                  Charles E. Maginness

Item 2(b).        Address of Principal Business Office, or, if None, Residence:

                  315 Science Parkway
                  Rochester, New York 14620

Item 2(c).        Citizenship:

                  United States

Item 2(d).        Title of Class of Securities:

                  Common Stock

Item 2(e).        CUSIP Number:

                  71376K 10 2

Item 3.           Statements Filed Pursuant to Rules 13d-1(b) or 13d-2(b):

                  Not Applicable

Item 4.           Ownership:

     (a) Amount Beneficially Owned: 605,631 shares

Such  amount  consists  of: (i) 431,133  shares  owned by the  Reporting  Person
directly;  (ii) 69,498 shares owned by the Reporting  Person's wife, as to which
shares the Reporting Person  disclaims  beneficial  ownership;  and (iii)105,000
shares  subject  to a  presently  exercisable  option  and  warrant  held by the
Reporting Person.

     (b) Percent of Class: 8.2%

     (c) Number of shares as to which such person has:

     (i) sole power to vote or to direct the vote: 536,133

     (ii) shared power to vote or to direct the vote: -0-

     (iii) sole power to dispose or to direct the disposition of: 536,133

     (iv) shared power to dispose or to direct the disposition of: -0-

Item 5.           Ownership of Five Percent or Less of a Class:

                  Not Applicable

Item 6.           Ownership of More than Five Percent on Behalf of Another
                  Person:

                  Not Applicable

Item 7.           Identification and Classification of the Subsidiary Which
                  Acquired the Security Being Reported on by the Parent Holding
                  Company:

                  Not Applicable

Item 8.           Identification and Classification of Members of the Group:

                  Not Applicable

Item 9.           Notice of Dissolution of Group:

                  Not Applicable

Item 10.          Certification:

                  Not Applicable



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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.



Dated: February 16, 1998                               /s/ Charles E. Maginness
                                                       ------------------------
                                                           Charles E. Maginness





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