FARALLON CAPITAL MANAGEMENT LLC /ADV
SC 13D/A, 1997-08-21
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                           UNITED STATES
                 SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                          SCHEDULE 13D

        Under the Securities Exchange Act of 1934
          (Amendment No.1)*

            Triad Park, LLC (TDPK)
                       
                    (Name of Issuer)      

         Limited Liability Company Membership Interests        
                             
            (Title of Class of Securities)    

                   CUSIP No. 895914101
                     (CUSIP Number)

                       Thomas F. Steyer
              Farallon Capital Management, L.L.C.
                One Maritime Plaza, Suite 1325
               San Francisco, California  94111         
                     (415) 421-2132                     
                          
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)

                      August 13, 1997                  
   
(Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the
subject of this Schedule 13D, and is filing this schedule
because of Rule 13d-1(b)(3) or (4), check the following
box  .

Note:  Six copies of this statement, including all
exhibits, should be filed with the Commission.  See Rule
13d-1(a) for other parties to whom copies are to be
sent.

* 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 disclosures provided in a prior cover page.

The information required on 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 that Act but shall be subject to all other provisions
of the Act (however, see the Notes).

<PAGE>
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Farallon Capital Partners, L.P.

2    Check the Appropriate Box if a Member of a Group*  
    
     (a) 
                                                        
     (b) /x/

3    SEC Use Only

4    Source of Funds*

     WC, 00

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 Shares Beneficially Owned By Each
     Reporting Person With

7    Sole Voting Power

     -0-

8    Shared Voting Power

     1,363,200 (See Schedule A)

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,363,200 (See Schedule A)

11   Aggregate Amount Beneficially Owned By Each Report-
     ing Person

     1,363,200 (See Schedule A)

12   Check Box if the Aggregate Amount in Row (11)
     Excludes Certain Shares*                           
   
13   Percent of Class Represented by Amount in Row (11)

    6.9%

14   Type of Reporting Person*

     PN

     *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Farallon Capital Institutional Partners, L.P.

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 Shares Beneficially Owned By Each
     Reporting Person With

7    Sole Voting Power

     -0-

8    Shared Voting Power

     -0- (See Schedule B)

9    Sole Dispositive Power

     -0-  

10   Shared Dispositive Power

     -0-  (See Schedule B)

11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     -0- (See Schedule B)

12   Check Box if the Aggregate Amount in Row (11)
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

    0.0%

14   Type of Reporting Person*

     PN

        *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Farallon Capital Institutional Partners II, L.P.

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 Shares Beneficially Owned By Each
     Reporting Person With

7    Sole Voting Power

     -0-

8    Shared Voting Power

    -0- (See Schedule C)

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     -0- (See Schedule C)

11   Aggregate Amount Beneficially Owned By Each Report-
     ing Person

     -0- (See Schedule C)

12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

   0.0 %

14   Type of Reporting Person*

     PN

              *SEE INSTRUCTIONS BEFORE FILLING OUT!
   
<PAGE>

<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101 

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Farallon Capital Institutional Partners III, L.P.

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

     Delaware

     Number of Shares Beneficially Owned By Each
     Reporting Person With

7    Sole Voting Power

     -0-

8    Shared Voting Power

    -0- (See Schedule D)

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     -0- (See Schedule D)

11   Aggregate Amount Beneficially Owned By Each Report-
     ing Person

     -0- (See Schedule D)

12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

    0.0%

14   Type of Reporting Person*

     PN

              *SEE INSTRUCTIONS BEFORE FILLING OUT!
   
<PAGE>

<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Tinicum Partners, L.P.

2    Check the Appropriate Box if a Member of a Group*  
    
     (a) 
                                                        
     (b) /x/  
                
3    SEC Use Only

4    Source of Funds*

     WC, 00

5    Check Box if Disclosure of Legal Proceedings is
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     New York

     Number of Shares Beneficially Owned By Each
     Reporting Person With

7    Sole Voting Power

     -0-

8    Shared Voting Power

     206,700 (See Schedule E)

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     206,700 (See Schedule E)

11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     206,700 (See Schedule E)

12   Check Box if the Aggregate Amount in Row (11)
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

    1.0%

14   Type of Reporting Person*

     PN

       *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>    
<PAGE>
                       SCHEDULE 13D

CUSIP NO.  895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Farallon Capital Management, L.L.C.

2    Check the Appropriate Box if a Member of a Group*  
    
     (a) 
                                                        
     (b) /x/                

3    SEC Use Only

4    Source of Funds*

     00   

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 Shares Beneficially Owned By Each
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     -0- (See Schedule F)

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     -0- (See Schedule F)
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     -0- (See Schedule F)
     
12   Check Box if the Aggregate Amount in Row (11)
     Excludes Certain Shares*                           
    
 
13   Percent of Class Represented by Amount in Row (11)

    0.0%
     
14   Type of Reporting Person*

     IA, 00

      *SEE INSTRUCTIONS BEFORE FILLING OUT!             

<PAGE>
<PAGE>
                        SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Farallon Partners, L.L.C.
     
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 Shares Beneficially Owned By Each    
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11)
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

    8.0%
     
14   Type of Reporting Person*

     00

           *SEE INSTRUCTIONS BEFORE FILLING OUT!        

PAGE
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Enrique H. Boilini
     
2    Check the Appropriate Box if a Member of a Group*  
    
     (a)

     (b) /x/                                            
     
3    SEC Use Only

4    Source of Funds*

     AF, 00

5    Check Box if Disclosure of Legal Proceedings is 
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     Argentina

     Number of Shares Beneficially Owned By Each
     Reporting Person With

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

    8.0%
     
14   Type of Reporting Person*

     IN

           *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     David I. Cohen
     
2    Check the Appropriate Box if a Member of a Group*  
    
     (a)

     (b) /x/                                            
     
3    SEC Use Only

4    Source of Funds*

     AF, 00

5    Check Box if Disclosure of Legal Proceedings is 
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     South Africa   

     Number of Shares Beneficially Owned By Each
     Reporting Person With

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

    8.0%
     
14   Type of Reporting Person*

     IN

           *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Joseph F. Downes
     
2    Check the Appropriate Box if a Member of a Group*  
    
     (a)

     (b) /x/

3    SEC Use Only

4    Source of Funds*

     AF, 00   

5    Check Box if Disclosure of Legal Proceedings is 
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     United States  

     Number of Shares Beneficially Owned By Each
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

    1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

     8.0%
     
14   Type of Reporting Person*

     IN

           *SEE INSTRUCTIONS BEFORE FILLING OUT!

PAGE
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Fleur E. Fairman
     
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

     United States  

     Number of Shares Beneficially Owned By Each
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           

13   Percent of Class Represented by Amount in Row (11)

    8.0%
     
14   Type of Reporting Person*

     IN

            *SEE INSTRUCTIONS BEFORE FILLING OUT!       


<PAGE>
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Jason M. Fish
     
2    Check the Appropriate Box if a Member of a Group*  
    
     (a)

     (b) /x/

3    SEC Use Only

4    Source of Funds*

     AF, 00

5    Check Box if Disclosure of Legal Proceedings is 
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     United States  

     Number of Shares Beneficially Owned By Each
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

    8.0%
     
14   Type of Reporting Person*

     IN

           *SEE INSTRUCTIONS BEFORE FILLING OUT!        

<PAGE>
<PAGE>
                    SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Andrew B. Fremder
     
2    Check the Appropriate Box if a Member of a Group*  
    
     (a)

     (b) /x/

3    SEC Use Only

4    Source of Funds*

     AF, 00

5    Check Box if Disclosure of Legal Proceedings is 
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     United States  

     Number of Shares Beneficially Owned By Each
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

    1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

   8.0%
     
14   Type of Reporting Person*

     IN

           *SEE INSTRUCTIONS BEFORE FILLING OUT!        

<PAGE>
<PAGE>
                     SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     William F. Mellin
     
2    Check the Appropriate Box if a Member of a Group*  
    
     (a)

     (b) /x/

3    SEC Use Only

4    Source of Funds*

     AF, 00

5    Check Box if Disclosure of Legal Proceedings is
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     United States  

     Number of Shares Beneficially Owned By Each
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

    8.0%
     
14   Type of Reporting Person*

     IN

            *SEE INSTRUCTIONS BEFORE FILLING OUT!      

<PAGE>
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Stephen L. Millham
     
2    Check the Appropriate Box if a Member of a Group*  
    
     (a)

     (b) /x/

3    SEC Use Only

4    Source of Funds*

     AF, 00

5    Check Box if Disclosure of Legal Proceedings is
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     United States  

     Number of Shares Beneficially Owned By Each
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

   8.0%
     
14   Type of Reporting Person*

     IN

            *SEE INSTRUCTIONS BEFORE FILLING OUT!       

<PAGE>
<PAGE>
                     SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Meridee A. Moore
     
2    Check the Appropriate Box if a Member of a Group*  
    
     (a)

     (b) /x/
     
3    SEC Use Only

4    Source of Funds*

     AF, 00

5    Check Box if Disclosure of Legal Proceedings is 
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     United States  

     Number of Shares Beneficially Owned By Each
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each 
     Reporting Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

      8.0%

14   Type of Reporting Person*

     IN

                 *SEE INSTRUCTIONS BEFORE FILLING OUT!  


<PAGE>
<PAGE>
                       SCHEDULE 13D

CUSIP NO. 895914101

1    Name of Reporting Person
     S.S. or I.R.S. Identification No. of Above Person

     Thomas F. Steyer
     
2    Check the Appropriate Box if a Member of a Group*  
    
     (a)

     (b) /x/
     
3    SEC Use Only

4    Source of Funds*

     AF, 00    

5    Check Box if Disclosure of Legal Proceedings is 
     Required Pursuant to Items 2(d) or 2(e)

6    Citizenship or Place of Organization

     United States  

     Number of Shares Beneficially Owned By Each
     Reporting Person With 

7    Sole Voting Power

     -0-       

8    Shared Voting Power

     1,569,900

9    Sole Dispositive Power

     -0-

10   Shared Dispositive Power

     1,569,900
     
11   Aggregate Amount Beneficially Owned By Each Report-
     ing Person

     1,569,900
     
12   Check Box if the Aggregate Amount in Row (11) 
     Excludes Certain Shares*                           
    
13   Percent of Class Represented by Amount in Row (11)

    8.0%
     
14   Type of Reporting Person*

     IN

              *SEE INSTRUCTIONS BEFORE FILLING OUT!

<PAGE>
<PAGE>
Item 1.  Security and Issuer.

     Item 1 of the Schedule 13D is amended and restated
in its entirety as follows: 

      This statement relates to the Limited Liability Company
Membership Interests (the "Interests) of Triad Park,
LLC  (the "Company").  The Company's 
principal offices are located at 3055 Triad Drive, Livermore,
California 94550.

Item 2.  Identity and Background.

     Item 2 of the Schedule 13D is amended and restated
in its entirety as follows: 

     (a)    This statement is filed by:  (i) Farallon
Capital Partners, L.P., a California limited partnership
("FCP"), with respect to the Interests held by it; (ii)
Farallon Capital Institutional Partners, L.P., a Califor-
nia limited partnership ("FCIP"), with respect to the
Interests held by it; (iii) Farallon Capital Institutional
Partners II, L.P., a California limited partnership
("FCIP II"), with respect to the Interests held by it; (iv)
Farallon Capital Institutional Partners III, L.P., a Delaware
limited partnership ("FCIP III"), with respect to the 
Interests held by it; (v) Tinicum Partners, L.P., a New York limited 
partnership ("Tinicum", collectively with FCP, 
FCIP, FCIP II and FCIP III, the "Partner-
ships"), with respect to the Interests held by it;
(vi) Farallon Capital Management, L.L.C., a Delaware
limited liability company ("FCMLLC"), with respect to the
Interests held by Farallon Capital Offshore Investors, Inc.,
a British Virgin Islands corporation ("Offshore"), and
certain other accounts managed by FCMLLC (together with
Offshore, the "Managed Accounts"); (vii) Farallon
Partners, L.L.C., a Delaware limited liability company
("FPLLC"), with respect to the Interests held by each of the
entities named in (i) through (v) above; (viii) each of
Enrique H. Boilini ("Boilini"), David I. Cohen ("Cohen"),
Joseph F. Downes ("Downes"), Jason M. Fish ("Fish"),
Andrew B. Fremder 

PAGE
<PAGE>
("Fremder"), William F. Mellin ("Mellin"), Stephen L. 
Millham ("Millham"), Meridee A. Moore ("Moore") and 
Thomas F. Steyer ("Steyer"), with respect to the Interests held
by each of the entities named in (i) through (vi) above; and 
(ix) Fleur E. Fairman ("Fairman") with respect to the Interests 
held by each of the entities named in (i) through (v) above  
(FCP, FCIP, FCIP II, FCIP III, Tinicum, FCMLLC, FPLLC, 
Boilini, Cohen, Downes, Fairman, Fish, Fremder, Mellin, Millham,
Moore and Steyer shall collectively be referred to hereafter as the 
"Reporting Persons").

     The name, address, principal business, state of
organization, executive officers, directors and 
controlling persons of FCMLLC and FPLLC are set forth on
Annex 1 hereto.  The Interests reported hereby
for FCP, FCIP, FCIP II, FCIP III, Tinicum and the Managed Accounts  
are owned directly by such entities.  Each of Boilini, Cohen,
Downes, Fish, Fremder, Mellin, Millham, Moore and Steyer
may be deemed, as managing memebers of FPLLC and
FCMLLC, to be the beneficial owner of all such Interests. Each 
of FPLLC and Fairman, as a managing member of FPLLC,
may be deemed to be the beneficial owner of all such Interests
other than the Interests owned by the Managed Accounts.
FCMLLC may be deemed to be the beneficial owner
of all such Interests owned by the Managed Accounts.
Each of FCMLLC, FPLLC, Boilini, Cohen, Downes, Fairman, 
Fish, Fremder, Mellin, Millham, Moore and Steyer hereby
disclaim any beneficial ownership of any such Interests.  

      (b)    The address of the principal business and
principal office of (i) the Partnerships, FCMLLC and
FPLLC is One Maritime Plaza, Suite 1325, San Francisco,
California  94111, and (ii) Offshore is Craigmuir Chambers,
P.O. Box 71, Road Town, Tortola, British Virgin Islands. 

PAGE
<PAGE>

      (c)    The principal business of each of the
Partnerships and Offshore is that of a private investment
fund engaging in the purchase and sale of investments for
its own account.  The principal business of FPLLC is to
act as the general partner (the "General Partner") of the 
Partnerships.  The principal business of FCMLLC is that 
of a registered investment adviser.

      (d)    None of the Partnerships, FCMLLC, FPLLC,
Offshore or any of the persons listed on Annex 1 hereto
has, during the last five years, been convicted in a
criminal proceeding (excluding traffic violations or
similar misdemeanors).

     (e)    None of the Partnerships, FCMLLC, FPLLC,
Offshore or any of the persons listed on Annex 1 hereto
has, during the last five years, been party to a civil
proceeding of a judicial or administrative body of
competent jurisdiction and, as a result of such proceeding,
was, or is subject to, a judgment, decree or final
order enjoining future violations of, or prohibiting or
mandating activities subject to, federal or state 
securities laws or finding any violation with respect to
such laws.

Item 3.  Source and Amount of Funds and Other
          Consideration.

     Item 3 of the Schedule 13D is amended and restated
in its entirety as follows: 

     The net investment cost (including commissions)
 is $870,414.00 for the 1,363,200 Interests held by FCP
and $129,187.50 for the 206,700 Interests held by Tinicum.

     The consideration for such acquisitions was obtained 
as follows: (i) with respect to FCIP, FCIP II and FCIP III, from 
working capital; (ii) with respect to the Managed Accounts, 
from the working capital of each Managed Account and/or
from borrowings pursuant to margin accounts maintained by 
some of the Managed Accounts at Goldman Sachs & Co.;
and (iii) with respect to FCP and Tinicum, from working 
capital, from

PAGE
<PAGE>
borrowings pursuant to margin accounts maintained
by FCP and Tinicum at Goldman Sachs & Co. and/or
from borrowings pursuant to separate revolving credit
agreements entered into by each of FCP and Tinicum
with ING (U.S.) Capital Corporation.  FCP, Tinicum 
and some of the Managed Accounts hold certain 
securities in their respective margin accounts at Goldman
Sachs & Co., and the accounts may from time to time 
have debit balances.  It is not possible to determine the 
amount of borrowings, if any, used to acquire the Interests.

Item 4.  Purpose of the Transaction.  

     Item 4 of the Schedule 13D is amended and restated
in its entirety as follows: 

     The purpose of the acquisition of the Interests is for 
investment, and the acquisitions of the Interests by each of 
the Partnerships and the Managed Accounts were made
in the ordinary course of business and were not made 
for the purposes of acquiring control of the Company.
  
     Although no Reporting Person has any specific plan
or proposal to acquire or dispose of Interests, consistent with 
its investment purpose, each Reporting Person at any time 
and from time to time may acquire additional Interests or dispose
of any or all of its Interests depending upon an ongoing evaluation
of the investment in the Interests, prevailing market conditions,
other investment opportunities, liquidity requirements of the
Reporting Person and/or other investment considerations. 

     Also, consistent with the investment purpose, the Reporting 
Persons may engage in communications with one or more 
shareholders of the Company, one or more officers of the 
Company and/or one or more members of the board of 
directors of the Company regarding the Company, including
but not limited to its operations.

PAGE
<PAGE>

    Except to the extent the foregoing may be deemed
a plan or proposal, none of the Reporting Persons 
has any plans or proposals which relate to, or could  
result in, any of the matters referred to in paragraphs
 (a) through (j),inclusive, of the instructions to Item 4 
of Schedule 13D. The Reporting Persons may, at any 
time and from time to time, review or reconsider their 
position and/or change their purpose and or/or formulate 
plans or proposals with respect thereto.

Item 5.  Interest in Securities of the Issuer.

     Item 5 of the Schedule 13D is amended and restated
in its entirety as follows: 

     A.     Farallon Capital Partners, L.P.

            (a), (b)     The information set forth in 
Rows 7, 8, 9, 10, 11 and 13 of the cover page hereto for 
FCP is incorporated herein by reference.   The percentage
amount set forth in Row 13 of such cover page and of each other 
cover page filed herewith is calculated based upon the 
19,708,123 Interests outstanding as of June 30, 1997 
as reported by the Company in its Form 10QSB filed 
with the Securities and Exchange Commission on August 11, 1997. 

            (c)     The trading dates, number of Interests
purchased or sold and the price per Interest for all 
purchases and sales of the Interests are set forth on 
Schedule A hereto and are incorporated
herein by reference.  As indicated on such Schedule, 
such trades were either open-market or privately-negotiated 
transactions. The transfer date and number 
of Interests transferred for each transaction which is
not a purchase or sale is set forth on Schedule A and 
are incorporated herein by reference.

            (d)     FPLLC as General Partner has the
power to direct the affairs of FCP, including 
the disposition of the proceeds of the sale 
of the Interests.  Steyer is the senior 
managing member of FPLLC, and Boilini, Cohen, Downes, 
Fairman, Fish, Fremder, Mellin, Millham and Moore are 
managing members of FPLLC. 

            (e)     Not applicable.

      B.    Farallon Capital Institutional Partners, L.P.

PAGE
<PAGE>
            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for FCIP
is incorporated herein by reference. 

            (c)     The trading dates, number of Interests
purchased or sold and the price per Interest for all 
purchases and sales of the Interests are set forth on 
Schedule B hereto and are incorporated
herein by reference.  All of such transactions were 
private transactions. The transfer date and number 
of Interests transferred for each transaction which is
not a purchase or sale is set forth on Schedule B and 
are incorporated herein by reference.

            (d)     FPLLC as General Partner has the
power to direct the affairs of FCIP, including 
the disposition of the proceeds of the sale 
of the Interests.  Steyer is the senior
managing member of FPLLC and Boilini, Cohen, 
Downes, Fairman, Fish, Fremder, Mellin, Millham and 
Moore are managing members of FPLLC. 

            (e)     Not applicable.

      C.   Farallon Capital Institutional Partners II,
L.P.
            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for FCIP
II is incorporated herein by reference. 
 
            (c)     The trading dates, number of Interests
purchased or sold and the price per Interest for all 
purchases and sales of the Interests are set forth on 
Schedule C hereto and are incorporated
herein by reference.  All of such transactions were 
private transactions. The transfer date and number 
of Interests transferred for each transaction which is
not a purchase or sale is set forth on Schedule C and 
are incorporated herein by reference.

            (d)     FPLLC as General Partner has the
power to direct the affairs of FCIP II, including
the disposition of the proceeds of the sale of the
Interests.  Steyer is the senior managing 
member of FPLLC and Boilini, Cohen, Downes, 
Fairman, Fish, Fremder, Mellin, Millham and 
Moore are managing members of FPLLC. 

            (e)      Not applicable.

     D.    Farallon Capital Institutional Partners III, L.P.

PAGE
<PAGE>

            (a), (b) The information set forth in Rows 7,
8, 9, 10, 11 and 13 of the cover page hereto for FCIP III 
is incorporated herein by reference. 

            (c)     The trading dates, number of Interests
purchased or sold and the price per Interest for all 
purchases and sales of the Interests are set forth on 
Schedule D hereto and are incorporated
herein by reference.  All of such transactions were 
private transactions. The transfer date and number 
of Interests transferred for each transaction which is
not a purchase or sale is set forth on Schedule D and 
are incorporated herein by reference.

            (d)     FPLLC as General Partner has the
power to direct the affairs of FCIP III, including
the disposition of the proceeds of the sale of the
Interests.  Steyer is the senior managing member 
of FPLLC and Boilini, Cohen, Downes,
Fairman, Fish, Fremder, Mellin, Millham and
Moore are managing members of FPLLC. 
 
            (e)     Not applicable.     

     E.    Tinicum Partners, L.P.

            (a), (b) The information set forth in Rows 7,
8, 9, 10, 11 and 13 of the cover page hereto for Tinicum 
is incorporated herein by reference. 

            (c)     The trading dates, number of Interests
purchased or sold and the price per Interest for all 
purchases and sales of the Interests are set forth on 
Schedule E hereto and are incorporated
herein by reference.  All of such transactions were 
private transactions. The transfer date and number 
of Interests transferred for each transaction which is
not a purchase or sale is set forth on Schedule E and 
are incorporated herein by reference.

            (d)     FPLLC as General Partner has the
power to direct the affairs of Tinicum, including
the disposition of the proceeds of the sale of the
Interests.  Steyer is the senior managing 
member of FPLLC and Boilini, Cohen, Downes,
Fairman, Fish, Fremder, Mellin, Millham and
Moore are managing members of FPLLC. 
 
            (e)     Not applicable.

      F.    Farallon Capital Management, L.L.C.

PAGE
<PAGE>
            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for 
FCMLLC is incorporated herein by reference. 

            (c)     The trading dates, number of Interests
purchased or sold and the price per Interest for all 
purchases and sales of the Interests are set forth on 
Schedule F hereto and are incorporated
herein by reference.  All of such transactions were 
private transactions. The transfer date and number 
of Interests transferred for each transaction which is
not a purchase or sale is set forth on Schedule F and 
are incorporated herein by reference.

            (d)     FCMLLC, as an investment adviser, has
the power to direct the disposition of the proceeds of
the sale of the Interests held by the Managed Accounts.
Steyer is the senior managing member of FCMLLC and
Boilini, Cohen, Downes, Fish, Fremder, Mellin,
Millham, and Moore are managing members of FCMLLC.

            (e)     Not applicable.

      G.    Farallon Partners, L.L.C.

            (a), (b)     The information set forth in rows
7, 8, 9, 10, 11, and 13 of the cover page hereto for 
FPLLC is incorporated herein by reference. 

            (c)     None.

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships,
including the disposition of the proceeds of the sale of
the Interests.  Steyer is the senior managing member of FPLLC
and Boilini, Cohen, Downes, Fairman, Fish, Fremder, Mellin,
Millham and Moore are managing members of FPLLC.

            (e)     Not applicable.

     H.     Enrique H. Boilini

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for 
Boilini is incorporated herein by reference. 

            (c)     None.

PAGE
<PAGE>

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the Interests.
FCMLLC, as an investment adviser, has the power 
to direct the disposition of the proceeds of the sale 
of the Interests held by the Managed Accounts.  Boilini is 
a managing member of FCMLLC and FPLLC.

            (e)     Not applicable.

     I.     David I. Cohen

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for Cohen
is incorporated herein by reference. 

            (c)     None.

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the Interests. 
FCMLLC, as an investment adviser, has the power 
to direct the disposition of the proceeds of the sale 
of the Interests held by the Managed Accounts.
Cohen is a managing member of FCMLLC and FPLLC.

            (e)     Not applicable.

     J.     Joseph F. Downes

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for 
Downes is incorporated herein by reference. 

            (c)     None.

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the Interests. 
FCMLLC, as an investment adviser, has the power 
to direct the disposition of the proceeds of the sale 
of the Interests held by the Managed Accounts.  Downes is a 
managing member of FCMLLC and FPLLC.

            (e)     Not applicable.

PAGE
<PAGE>

      K.     Fleur E. Fairman

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for
Fairman is incorporated herein by reference. 

            (c)     None.

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the
Interests.  Fairman is a managing member of FPLLC.

            (e)     Not applicable.

     L.     Jason M. Fish

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for Fish 
is incorporated herein by reference. 

            (c)     None.

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the
Interests.  FCMLLC, as an investment adviser, has the power 
to direct the disposition of the proceeds of the sale of the 
Interests held by the Managed Accounts.  Fish is a 
managing member of FCMLLC and FPLLC.

            (e)     Not applicable.

     M.     Andrew B. Fremder

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for 
Fremder is incorporated herein by reference. 

           (c)     None.

           (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the 
Interests.  FCMLLC, as an investment adviser, has the
power to direct the disposition of the proceeds of the
sale of the Interests held by the Managed Accounts.  
Fremder is a managing member of FCMLLC and FPLLC.

PAGE
<PAGE>

            (e)     Not applicable.

      N.    William F. Mellin

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for 
Mellin is incorporated herein by reference. 

            (c)     None.

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the Interests. 
FCMLLC, as an investment adviser, has the power 
to direct the disposition of the proceeds of the sale 
of the Interests held by the Managed Accounts.  
Mellin is a managing member of FCMLLC and FPLLC.

            (e)     Not applicable.

     O.     Stephen L. Millham

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for 
Millham is incorporated herein by reference. 

            (c)     None.

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the Interests.  
FCMLLC, as an investment adviser, has the power 
to direct the disposition of the proceeds of the sale 
of the Interests held by the Managed Accounts.  
Millham is a managing member of FCMLLC and FPLLC.


            (e)     Not applicable.

     P.     Meridee A. Moore

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for Moore
is incorporated herein by reference. 

            (c)     None.

PAGE
<PAGE>

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the Interests.  
FCMLLC, as an investment adviser, has the power 
to direct the disposition of the proceeds of the sale 
of the Interests held by the Managed Accounts.  
Moore is a managing member of FCMLLC and FPLLC.

            (e)     Not applicable.

     Q.     Thomas F. Steyer

            (a), (b)     The information set forth in Rows
7, 8, 9, 10, 11 and 13 of the cover page hereto for 
Steyer is incorporated herein by reference. 

            (c)     None. 

            (d)     FPLLC as General Partner has the
power to direct the affairs of the Partnerships, includ-
ing the disposition of the proceeds of the sale of the Interests.   
FCMLLC, as an investment adviser, has the power
to direct the disposition of the proceeds of the sale 
of the Interests held by the Managed Accounts.  Steyer 
is the senior managing member of FCMLLC and FPLLC.

            (e)     Not applicable.
 

     The Interests reported hereby for FCP,
FCIP, FCIP II, FCIP III, Tinicum and the Managed Accounts
are owned directly by such entities.  Each of Boilini,
Cohen, Downes, Fish, Fremder, Mellin, Millham, Moore and
Steyer may be deemed, as managing members of FPLLC and
FCMLLC, to be the beneficial owner of all such Interests.
Each of FPLLC and Fairman, as a managing member of FPLLC,
may be deemed to be the beneficial owner of all such Interests
other than the Interests owned by the Managed Accounts.  FCMLLC may be 
deemed to be the beneficial owner of all such Interests owned by the 
Managed Accounts.  Each of FCMLLC, FPLLC, Boilini, Cohen, 
Downes, Fairman, Fish, Fremder, Mellin, Millham,
Moore and Steyer hereby disclaim any beneficial ownership
of any such Interests.  

Item 6.  Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer.

     Item 6 of the Schedule 13D is amended and restated
in its entirety as follows: 

    Except as described above, there are no contracts, arrangements,
understandings or relationships (legal or otherwise) among the 
Reporting Persons or between such persons 

PAGE
<PAGE>
and any other person with respect to any securities of the Company, 
including but not limited to transfer or voting of any securities of the 
Company, finder's fees, joint ventures, loan or option arrangements,
puts or calls, guarantees of profits, divisions of profits or
loss, or the giving or withholding of proxies. 

Item 7.  Materials to be Filed as Exhibits.

     Item 7 of the Schedule 13D is amended and restated
in its entirety as follows: 

      There is filed herewith as Exhibit 1 a written
agreement relating to the filing of joint acquisition
statements as required by Rule 13d-1(f)(1) under the
Securities Exchange Act of 1934, as amended.

<PAGE>
<PAGE>
                         SIGNATURES


      After reasonable inquiry and to the best of our
knowledge and belief, the undersigned certify that the
information set forth in this statement is true, complete
and correct.  

Dated: August 21, 1997


                    /s/ Thomas F. Steyer          
                    FARALLON PARTNERS, L.L.C., 
                    on its own behalf and as
                    General Partner of 
                    FARALLON CAPITAL PARTNERS, L.P.,    
                    FARALLON CAPITAL INSTITUTIONAL
                    PARTNERS, L.P., FARALLON
                    CAPITAL INSTITUTIONAL PARTNERS
                    II, L.P.FARALLON CAPITAL 
              INSTITUTIONAL PARTNERS
                    III, L.P.and TINICUM PARTNERS, L.P. 
                    By Thomas F. Steyer, 
                    Senior Managing Member



                    /s/ Thomas F. Steyer             
                    FARALLON CAPITAL MANAGEMENT, L.L.C.
                    By Thomas F. Steyer,
                    Senior Managing Member


                    /s/ Thomas F. Steyer                
                    Thomas F. Steyer,
                    individually and as 
                    attorney-in-fact for each
                    of Enrique H. Boilini, David I.
                    Cohen, Joseph F. Downes,
                    Fleur E. Fairman, Jason M. Fish,
                    Andrew B. Fremder, William 
                    F. Mellin, Stephen L.
                    Millham, and Meridee A. Moore. 

PAGE
<PAGE>



                                                ANNEX 1



     Set forth below with respect to FCMLLC and FPLLC is
the following: (a) name; (b) address; (c) principal
business; (d) state of organization; and (e) controlling
persons.  Set forth below with respect to each managing
member of FCMLLC and FPLLC is the following:  (f) name;
(g) business address; (h) principal occupation; and 
(i) citizenship. 

1.     (a)    Farallon Capital Management, L.L.C.
        (b)   One Maritime Plaza, Suite 1325
                San Francisco, CA  94111
       (c)    Serves as investment adviser to various
                managed accounts
       (d)    Delaware limited liability company
       (e)    Managing Members: Thomas F. Steyer, Se-
               nior Managing Member; Enrique H. Boilini,
        David I. Cohen, Joseph H. Downes, Jason M. 
        Fish, Andrew B. Fremder, William F. Mellin, Stephen L.
               Millham and Meridee A. Moore, Managing
               Members. 
      
2.     (a)    Farallon Partners, L.L.C.
        (b)    c/o Farallon Capital Management, L.L.C.  
                One Maritime Plaza, Suite 1325
                San Francisco, CA  94111
        (c)    Serves as general partner to investment
                partnerships
        (d)    Delaware limited liability company
        (e)    Managing Members:  Thomas F. Steyer,
                Senior Managing Member; Enrique H. Boilini,
                David I. Cohen, Joseph H. Downes, Fleur E.
                Fairman, Jason M. Fish, Andrew B. Fremder,
                William F. Mellin, Stephen L. Millham and
                Meridee A. Moore, Managing Members.

3.     (a)    Enrique H. Boilini
        (b)    c/o Farallon Capital Management, L.L.C.
                75 Holly Hill Lane
                Greenwich, CT 06830
        (c)    Managing Member of Farallon
                Partners, L.L.C.; Managing Member of
                Farallon Capital Management, L.L.C. 
       (d)    Argentinean Citizen

4.     (a)    David I. Cohen
        (b)    c/o Farallon Capital Management, L.L.C.
                One Maritime Plaza, Suite 1325
                San Francisco, CA  94111
        (c)    Managing Member of Farallon
                Partners,L.L.C.; Managing Member of
                Farallon Capital Management, L.L.C. 

PAGE
<PAGE>
        (d)     South African Citizen

5.     (a)   Joseph F. Downes
        (b)   c/o Farallon Capital Management, L.L.C.
               One Maritime Plaza, Suite 1325
               San Francisco, CA  94111
       (c)    Managing Member of Farallon Partners,
               L.L.C.; Managing Member of Farallon Capi-
               tal Management, L.L.C.
       (d)    United States Citizen

6.     (a)   Fleur E. Fairman
        (b)  993 Park Avenue
               New York, New York  10028       
        (c)  Managing Member of Farallon Partners,
               L.L.C.
        (d)  United States Citizen

7.     (a)   Jason M. Fish
        (b)   c/o Farallon Capital Management, L.L.C.
               One Maritime Plaza, Suite 1325
               San Francisco, CA  94111
       (c)    Managing Member of Farallon Partners,
               L.L.C.; Managing Member of Farallon Capi-
               tal Management, L.L.C.
       (d)   United States Citizen

8.     (a)   Andrew B. Fremder
        (b)   c/o Farallon Capital Management, L.L.C.
               One Maritime Plaza, Suite 1325
               San Francisco, CA  94111
       (c)    Managing Member of Farallon
               Partners, L.L.C.; Managing Member of
               Farallon Capital Management, L.L.C. 
       (d)    United States Citizen

9.    (a)    William F. Mellin
       (b)    c/o Farallon Capital Management, L.L.C.
               One Maritime Plaza, Suite 1325
               San Francisco, CA  94111
       (c)    Managing Member of Farallon Partners,
               L.L.C.; Managing Member of Farallon Capi-
               tal Management, L.L.C.
       (d)   United States Citizen

10.    (a)  Stephen L. Millham
         (b)  c/o Farallon Capital Management, L.L.C.
               One Maritime Plaza, Suite 1325
               San Francisco, CA  94111

PAGE
<PAGE>
       (c)    Managing Member of Farallon Partners,
               L.L.C.; Managing Member of Farallon Capi-
               tal Management, L.L.C. 
       (d)    United States Citizen

11.    (a)   Meridee A. Moore
         (b)   c/o Farallon Capital Management, L.L.C.
                One Maritime Plaza, Suite 1325
                San Francisco, CA  94111
        (c)    Managing Member of Farallon Partners,
                L.L.C.; Managing Member of Farallon Capi-
                tal Management, L.L.C.
       (d)    United States Citizen

12.    (a)    Thomas F. Steyer
         (b)    c/o Farallon Capital Management, L.L.C.
                  One Maritime Plaza, Suite 1325
                  San Francisco, CA  94111
         (c)    Senior Managing Member of Farallon Part-
                  ners, L.L.C.; Senior Managing Member of
                  Farallon Capital Management, L.L.C.     
         (d)    United States Citizen

PAGE
<PAGE>
                                              EXHIBIT  1
     
         to SCHEDULE 13D
     
                JOINT ACQUISITION STATEMENT
                PURSUANT TO RULE 13D-(f)(1)


      The undersigned acknowledge and agree that the
foregoing statement on Schedule 13D is filed on behalf of
each of the undersigned and that all subsequent amend-
ments to this statement on Schedule 13D shall be filed on
behalf of each of the undersigned without the necessity
of filing additional joint acquisition statements.  The
undersigned acknowledge that each shall be responsible
for the timely filing of such amendments, and for the
completeness and accuracy of the information concerning
him, her or it contained therein, but shall not be
responsible for the completeness and accuracy of the
information concerning the other entities or persons,
except to the extent that he, she or it knows or has
reason to believe that such information is inaccurate.

Dated: August 21, 1997

                    /s/ Thomas F. Steyer
                    FARALLON PARTNERS, L.L.C., 
                    on its own behalf and as
                    General Partner of
                    FARALLON CAPITAL PARTNERS, L.P.,    
                    FARALLON CAPITAL INSTITUTIONAL
                    PARTNERS, L.P., FARALLON CAPITAL 
                    INSTITUTIONAL PARTNERS II, L.P., 
              FARALLON CAPITAL INSTITUTIONAL 
              PARTNERS III, L.P., and TINICUM 
                    PARTNERS, L.P. 
                    By Thomas F. Steyer, 
                    Senior Managing Member


                    /s/ Thomas F. Steyer
                    FARALLON CAPITAL MANAGEMENT, L.L.C.
                    By Thomas F. Steyer,
                    Senior Managing Member

             
                    /s/ Thomas F. Steyer                
                    Thomas F. Steyer,
                    individually and as attorney-in-fact
                    for each of Enrique H. Boilini, David
                    I. Cohen, Joseph F. Downes, Fleur E.
                    Fairman, Jason M. Fish, Andrew B.
                    Fremder, William F. Mellin, Stephen
                    L. Millham, and Meridee A. Moore.   
<PAGE>
<PAGE>
                        SCHEDULE A

FARALLON CAPITAL PARTNERS, L.P.

          NO. OF
               INTERESTS
          SOLD ("S")
          PURCHASED ("P")
          OR OTHERWISE   PRICE
TRADE DATE    ACQUIRED ("A")       PER INTEREST
                             (Including
                              commission)
         

     02/27/97  470,200(A) <1> $0.625

     05/16/97  166,756(S) <2> $0.625
     
     05/16/97  940,956(P) <2> $0.625    

     08/12/97  20,000(P) <3>  $0.78

     08/13/97  98,800(P) <3>  $0.78


<1> The Interests were acquired in connection with the 
spin-off by Cooperative Computing, Inc. (formerly known as
Triad Systems Corporation ("Triad")) of the Company to the 
shareholders of record of Triad as of February 26, 1997.

<2> The Interests were transferred in a privately-negotiated
transaction consummated on May 16,1997; however, the 
transfer agent may or may not yet have recorded such transfer.

<3> This transaction was an open-market transaction.


PAGE
<PAGE>
                        SCHEDULE B

         FARALLON CAPITAL INSTITUTIONAL PARTNERS, L.P.

          NO. OF
               INTERESTS
          SOLD ("S")
          PURCHASED ("P")
          OR OTHERWISE   PRICE
TRADE DATE    ACQUIRED ("A")       PER INTEREST
                             (Including
                              commission)

     02/27/97  414,656(A) <1> $0.625

     05/16/97  414,656(S) <2> $0.625




<1> The Interests were acquired in connection with the 
spin-off by Cooperative Computing, Inc. (formerly known as
Triad Systems Corporation ("Triad")) of the Company to the 
shareholders of record of Triad as of February 26, 1997.


<2> The Interests were transferred in a privately-negotiated
transaction consummated on May 16,1997; however, the 
transfer agent may or may not yet have recorded such transfer.



PAGE
<PAGE>
                        SCHEDULE C


        FARALLON CAPITAL INSTITUTIONAL PARTNERS II, L.P.

          NO. OF
               INTERESTS
          SOLD ("S")
          PURCHASED ("P")
          OR OTHERWISE   PRICE
TRADE DATE    ACQUIRED ("A")       PER INTEREST
                             (Including
                              commission)

02/27/97  110,200(A) <1> $0.625

05/16/97  110,200 (S) <2>     $0.625





<1> The Interests were acquired in connection with the 
spin-off by Cooperative Computing, Inc. (formerly known as
Triad Systems Corporation ("Triad")) of the Company to the 
shareholders of record of Triad as of February 26, 1997.

<2> The Interests were transferred in a privately-negotiated
transaction consummated on May 16,1997; however, the 
transfer agent may or may not yet have recorded such transfer.

PAGE
<PAGE>
                         SCHEDULE D

 FARALLON CAPITAL INSTITUTIONAL PARTNERS III, L.P.

          NO. OF
               INTERESTS
          SOLD ("S")
          PURCHASED ("P")
          OR OTHERWISE   PRICE
TRADE DATE    ACQUIRED ("A")       PER INTEREST
                             (Including
                              commission)

02/27/97  34,344(A) <1>  $0.625

05/16/97  34,344(S) <2>  $0.625



<1> The Interests were acquired in connection with the 
spin-off by Cooperative Computing, Inc. (formerly known as
Triad Systems Corporation ("Triad")) of the Company to the 
shareholders of record of Triad as of February 26, 1997.



<2> The Interests were transferred in a privately-negotiated
transaction consummated on May 16,1997; however, the 
transfer agent may or may not yet have recorded such transfer.

PAGE
<PAGE>
                         SCHEDULE E

                   TINICUM PARTNERS, L.P.

          NO. OF
               INTERESTS
          SOLD ("S")
          PURCHASED ("P")
          OR OTHERWISE   PRICE
TRADE DATE    ACQUIRED ("A")       PER INTEREST
                             (Including
                              commission)

02/27/97  66,700(A) <1>  $0.625

05/16/97  30,155(S) <2>  $0.625

05/16/97  170,155(P) <2> $0.625

<1> The Interests were acquired in connection with the 
spin-off by Cooperative Computing, Inc. (formerly known as
Triad Systems Corporation ("Triad")) of the Company to the 
shareholders of record of Triad as of February 26, 1997.

<2> The Interests were transferred in a privately-negotiated
transaction consummated on May 16,1997; however, the 
transfer agent may or may not yet have recorded such transfer.

PAGE
<PAGE>
                        SCHEDULE F

               FARALLON CAPITAL MANAGEMENT, L.L.C.

          NO. OF
               INTERESTS
          SOLD ("S")
          PURCHASED ("P")
          OR OTHERWISE   PRICE
TRADE DATE    ACQUIRED ("A")       PER INTEREST
                             (Including
                              commission)

02/27/97  260,100(A) <1> $0.625

05/16/97  260,100(S) <2> $0.625

02/27/97  14,500(A) <1>  $0.625

05/16/97  14,500(S) <2>  $0.625

02/27/97  80,400(A) <1>  $0.625

05/16/97  80,400(S) <2>  $0.625

<1> The Interests were acquired in connection with the 
spin-off by Cooperative Computing, Inc. (formerly known as
Triad Systems Corporation ("Triad")) of the Company to the 
shareholders of record of Triad as of February 26, 1997.

<2> The Interests were transferred in a privately-negotiated
transaction consummated on May 16,1997; however, the 
transfer agent may or may not yet have recorded such transfer.
 

<PAGE>


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