<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Onyx Acceptance Corporation
COMMON STOCK, par value $0.01
682914106
Pamela B. Johnson, Esq., P. O. Box 5041, Thousand Oaks, CA 91359
(818) 597-3754
October 4, 2000
<PAGE>
-------------------------------------------------------------------------------
CUSIP No. 682914106 SCHEDULE 13D/A Page 2
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Lincolnshire Associates, Ltd.
------------------------------------------------------------------------------
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
Texas
-------------------------------------------------------------------------------
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | -0-
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 90,000
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | -0-
|-----|--------------------------------------------------------
| |
| 10 | SHARED DISPOSITIVE POWER
| | 90,000
---------------|-----|---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
90,000
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.71%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
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CUSIP No. 682914106 SCHEDULE 13D/A Page 3
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Portshire Corp.
------------------------------------------------------------------------------
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
Texas
-------------------------------------------------------------------------------
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | -0-
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 90,000
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | -0-
|-----|--------------------------------------------------------
| |
| 10 | SHARED DISPOSITIVE POWER
| | 90,000
---------------|-----|---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
90,000
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.71%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
-------------------------------------------------------------------------------
CUSIP No. 682914106 SCHEDULE 13D/A Page 4
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Edmundson International, Inc.
------------------------------------------------------------------------------
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
California
-------------------------------------------------------------------------------
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | -0-
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 90,000
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | -0-
|-----|--------------------------------------------------------
| |
| 10 | SHARED DISPOSITIVE POWER
| | 90,000
---------------|-----|---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
90,000
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.71%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
-------------------------------------------------------------------------------
CUSIP No. 682914106 SCHEDULE 13D/A Page 5
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Consolidated Electrical Distributors, Inc.
------------------------------------------------------------------------------
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
SHARES | | -0-
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 90,000
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | -0-
|-----|--------------------------------------------------------
| |
| 10 | SHARED DISPOSITIVE POWER
| | 90,000
---------------|-----|---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
90,000
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.71%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
-------------------------------------------------------------------------------
CUSIP No. 682914106 SCHEDULE 13D/A Page 6
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Employees' Retirement Plan of Consolidated Electrical Distributors,
Inc.
------------------------------------------------------------------------------
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
California
-------------------------------------------------------------------------------
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 426,700
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | -0-
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 426,700
|-----|--------------------------------------------------------
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
---------------|-----|---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
426,700
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.10%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
EP
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
-------------------------------------------------------------------------------
CUSIP No. 682914106 SCHEDULE 13D/A Page 7
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Galashiels Fund, Ltd.
------------------------------------------------------------------------------
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
Illinois
-------------------------------------------------------------------------------
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 80,000
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | -0-
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 80,000
|-----|--------------------------------------------------------
| |
| 10 | SHARED DISPOSITIVE POWER
| | -0-
---------------|-----|---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
80,000
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.52%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
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CUSIP No. 682914106 SCHEDULE 13D/A Page 8
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Keith W. Colburn Retirement Plan
------------------------------------------------------------------------------
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
Illinois
-------------------------------------------------------------------------------
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | -0-
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 24,500
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | -0-
|-----|--------------------------------------------------------
| |
| 10 | SHARED DISPOSITIVE POWER
| | 24,500
---------------|-----|---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,500
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.47%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
EP
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
-------------------------------------------------------------------------------
CUSIP No. 682914106 SCHEDULE 13D/A Page 9
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Keith W. Colburn Trust
------------------------------------------------------------------------------
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
Illinois
-------------------------------------------------------------------------------
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | -0-
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 24,500
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | -0-
|-----|--------------------------------------------------------
| |
| 10 | SHARED DISPOSITIVE POWER
| | 24,500
---------------|-----|---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,500
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
.47%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
-------------------------------------------------------------------------------
CUSIP No. 682914106 SCHEDULE 13D/A Page 10
-------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
David D. Colburn
------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [X]
------------------------------------------------------------------------------
3 SEC USE ONLY
------------------------------------------------------------------------------
4 SOURCE OF FUNDS
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
Illinois
-------------------------------------------------------------------------------
| |
NUMBER OF | 7 | SOLE VOTING POWER
SHARES | | 3,000
BENEFICIALLY |_____|________________________________________________________
OWNED BY | |
EACH | 8 | SHARED VOTING POWER
REPORTING | | 90,000
PERSON WITH |_____|________________________________________________________
| |
| 9 | SOLE DISPOSITIVE POWER
| | 3,000
|-----|--------------------------------------------------------
| |
| 10 | SHARED DISPOSITIVE POWER
| | 90,000
---------------|-----|---------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
93,000
------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.77%
------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
-----------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
CUSIP NO. 682914106 13D 1 OF 5
Amendment No. 3
INTRODUCTION
Lincolnshire Associates, Ltd., a Texas limited partnership, hereby
files this Amendment No. 3 (the "Amendment") to Statement on Schedule 13D (the
"Statement") on behalf of the Reporting Persons identified in Item 2 below
pursuant to the Agreement With Respect to Schedule 13D attached to the Statement
as Exhibit 7(1). Defined terms not otherwise defined herein have the meanings
ascribed thereto in the Statement. This Amendment corrects prior clerical
errors.
Only those Items amended are reported herein.
Item 2: Identity and Background.
Item 2(i), Keith W. Colburn, is deleted because shares that were owned
by the Keith W. Colburn Trust have been previously reported as belonging to
Keith W. Colburn. These errors have been corrected. The following is added:
D. Colburn.
D. Colburn's place of business is 555 Skokie Blvd., Suite 555,
Northbrook, Illinois 60062. D. Colburn is a private investor. D. Colburn is a
member of the Investment Committee of CED Pension Plan and is a Managing Partner
of Lincolnshire.
Item 3: Source and Amount of Funds or Other
Consideration.
Item 3 is amended by adding the following paragraph:
On April 17, 2000, the Keith W. Colburn Retirement Plan ("Colburn
KEOGH") purchased 800 shares of Common Stock on the open market at a purchase
price of $4.19 per share; on April 18, 2000, Colburn KEOGH purchased 2,200
shares of Common Stock on the open market at a purchase price of $4.19 per
share; on April 19, 2000, the Employees' Retirement Plan of Consolidated
Electrical Distributors, Inc. ("CED Pension Plan") purchased 8,000 shares of
Common Stock on the open market at a purchase price of $4.26 per share; on April
20, 2000, CED Pension Plan purchased 2,000 shares on the open market at a
purchase price of $4.125 per share; on April 20, 2000, Colburn KEOGH purchased
500 shares of Common Stock on the open market at a purchase price of $4.00 per
share; on May 30, 2000, the Keith W. Colburn Trust ("Colburn Trust") purchased
1,000 shares of Common Stock on the open market at a purchase price of $3.94 per
<PAGE>
CUSIP NO. 682914106 13D 2 OF 5
Amendment No. 3
share; on August 21, 2000, Colburn Trust purchased 100 shares of Common Stock on
the open market at a purchase price of $4.45 per share; on August 22, 2000,
Colburn Trust purchased 900 shares of Common Stock on the open market at a
purchase price of $4.27 per share; on August 25, 2000, Colburn Trust purchased
500 shares of Common Stock on the open market at a purchase price of $4.04 per
share; on October 4, 2000, David D. Colburn ("D. Colburn") purchased 500 shares
of Common Stock on the open market at a purchase price of $4.06 per share; on
October 4, 2000, D. Colburn purchased 1,600 shares of Common Stock on the open
market at a purchase price of $4.13 per share; on October 4, 2000, D. Colburn
purchased 900 shares of Common Stock on the open market at a purchase price of
$4.19 per share; on October 5, 2000, Colburn Trust purchased 2,000 shares of
Common Stock on the open market at a purchase price of $3.94 per share; on
October 19, 2000, Colburn Trust purchased 2,000 shares of Common Stock on the
open market at a purchase price of $4.11 per share; and on October 20, 2000,
Colburn Trust purchased 2,000 shares of Common Stock on the open market at a
purchase price of $3.94 per share.
A table identifying each purchase is included in Item 5(c) of this
Amendment.
Item 5: Interest in Securities of the Issuer.
Item 5 is amended and restated as follows:
(a) and (b) The aggregate number of shares and percentage of Common
Stock of the Issuer (based on the Issuer's report of Form 10Q that it had
5,264,777 shares of Common Stock outstanding as of August 14, 2000) beneficially
owned by each person named in Item 2, as well as the number of shares of Common
Stock as to which such person is deemed to have sole power to vote or to direct
the vote, shared power to vote or to direct the vote, sole power to dispose or
to direct the disposition, or shared power to dispose or direct the disposition
is set forth in the following table.
<TABLE>
<CAPTION>
Reporting Person No. of Percentage Power to Vote Power to Dispose
Shares of Class Shared Sole Shared Sole
Benef.
Owned
-------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C>
Lincolnshire 90,000 1.71% 90,000 90,000
-------------------------------------------------------------------------------------------------
Portshire Corp. 90,000(1) 1.71% 90,000(1) 90,000(1)
-------------------------------------------------------------------------------------------------
Edmundson Int. 90,000(1) 1.71% 90,000(1) 90,000(1)
-------------------------------------------------------------------------------------------------
CED 90,000(1) 1.71% 90,000(1) 90,000(1)
-------------------------------------------------------------------------------------------------
CED Pension Plan 426,700 8.10% 426,700 426,700
-------------------------------------------------------------------------------------------------
Galashiels 80,000 1.52% 80,000 80,000
-------------------------------------------------------------------------------------------------
Colburn KEOGH 24,500 .47% 8,500 8,500
-------------------------------------------------------------------------------------------------
Colburn Trust 24,500 .47% 17,000 17,000
-------------------------------------------------------------------------------------------------
D. Colburn 93,000 1.77% 90,000 3,000 90,000 3,000
-------------------------------------------------------------------------------------------------
</TABLE>
-----------
(1) Reports indirect interest in the shares of Common Stock beneficially owned
by Lincolnshire Associates.
<PAGE>
CUSIP NO. 682914106 13D 3 OF 5
Amendment No. 3
The information required by Item 5 with respect to persons with whom
voting or dispositive power is shared is set forth in Item 2. The reporting
persons collectively own 625,200 shares, representing 11.88% of the total number
of shares of Common Stock outstanding.
(c) To the best knowledge of the Reporting Persons, no person described
in paragraph (a) of this Item 5 has effected any transaction in the Common Stock
of the Issuer during the past 60 days other than as set forth in the table
below:
Date Purchaser # Shares Price Comm'n Total Funds
Required
--------------------------------------------------------------------------------
04/17/00 Colburn KEOGH 800 $4.19 $.06 $ 3,350
--------------------------------------------------------------------------------
04/18/00 Colburn KEOGH 2,200 $4.19 $.06 $ 9,209
--------------------------------------------------------------------------------
04/19/00 CED Pension
Plan 8,000 $4.26 $.06 $ 34,105
--------------------------------------------------------------------------------
04/20/00 Colburn KEOGH 500 $4.00 $.06 $ 2,000
--------------------------------------------------------------------------------
04/20/00 CED Pension
Plan 2,000 $4.125 $.06 $ 8,370
--------------------------------------------------------------------------------
05/30/00 Colburn Trust 1,000 $3.94 $.06 $ 3,942
--------------------------------------------------------------------------------
08/21/00 Colburn Trust 100 $4.45 $.06 $ 445
--------------------------------------------------------------------------------
08/22/00 Colburn Trust 900 $4.27 $.06 $ 3,845
--------------------------------------------------------------------------------
08/25/00 Colburn Trust 500 $4.04 $.06 $ 2,020
--------------------------------------------------------------------------------
10/04/00 D. Colburn 500 $4.06 $8.00 $ 2,039
--------------------------------------------------------------------------------
10/04/00 D. Colburn 1,600 $4.125 -0- $ 6,600
--------------------------------------------------------------------------------
10/04/00 D. Colburn 900 $4.1875 -0- $ 3,769
--------------------------------------------------------------------------------
10/05/00 Colburn Trust 2,000 $3.94 -0- $ 7,879
--------------------------------------------------------------------------------
10/19/00 Colburn Trust 2,000 $4.11 -0- $ 8,222
--------------------------------------------------------------------------------
10/20/00 Colburn Trust 2,000 $3.94 -0- $ 7,879
--------------------------------------------------------------------------------
TOTAL 25,200 $103,714
====== ========
(d) To the best knowledge of the Reporting Persons, no person other
than the Reporting Persons and their equity owners has the right to receive or
the power to direct the receipt of dividends from, or the proceeds from the sale
of, the Common Stock of Issuer.
(e) Not applicable.
<PAGE>
CUSIP NO. 682914106 13D 4 OF 5
Amendment No. 3
Item 6: Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the
Issuer.
The first paragraph of Item 6 is amended and restated to read as
follows:
Lincolnshire beneficially owns 90,000 shares of Common Stock. Portshire
Corp., the general partner of Lincolnshire Associates, is a wholly owned
subsidiary of Edmundson International. Therefore, Edmundson International,
through its ownership of Portshire Corp., beneficially owns 90,000 shares of
Common Stock. Edmundson International is itself a wholly owned subsidiary of
CED. Therefore, CED, through its ownership of Edmundson International and
indirect ownership of Portshire Corp., beneficially owns 90,000 shares of Common
Stock. Keith W. Colburn is the beneficiary of the Colburn Trust and Colburn
KEOGH, which together beneficially own 24,500 shares of Common Stock. A
committee makes investment decisions for CED Pension Plan. Any two members of
such committee can make investment decisions for CED Pension Plan. Two of the
members on CED Pension Plan's investment committee, including Colburn and D.
Colburn, also make investment decisions for Lincolnshire and, therefore,
indirectly, for Portshire Corp., Edmundson International, and CED. CED Pension
Plan beneficially owns 426,700 shares of Common Stock. Galashiels beneficially
owns 80,000 shares of Common Stock. D. Colburn beneficially owns 3,000 shares of
Common Stock.
<PAGE>
CUSIP NO. 682914106 13D 5 OF 5
Amendment No. 3
SIGNATURE
After reasonable inquiry and to the best of the undersigned's knowledge
and belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Dated: November 15, 2000
Lincolnshire Associates, Ltd.
By Its General Partner,
Portshire Corp.
By /s/ David C. Verbeck
--------------------------
David C. Verbeck
Its Vice President
