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F O R M 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Savage, Michael E.
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(Last) (First) (Middle)
VIALOG Corporation
32 Crosby Drive
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(Street)
Bedford MA 01730
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
October ___, 1999
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3. IRS or Social Security Number of Reporting Person (Voluntary)
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4. Issuer Name and Ticker of Trading Symbol
Vialog Corporation VX
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5. Relationship of Reporting Person to Issuer (check all applicable)
[ ] Director*
[ ] 10% Owner
[ x ] Officer (give title below)
[ ] Other (specify below)
______________________________
Senior Vice President and Chief Financial Officier
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6. If Amendment, Date of Original (Month/Day/Year)
12/6/99
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7. Individual or Joint/Group filing (Check Appropriate Line)
[x] Form filed by One Reporting Person
[ ] Form filed by More Than One Reporting Person
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<PAGE>
<TABLE>
<CAPTION>
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TABLE I -- NON-DERIVATIVE SECURITIES BENFICIALLY OWNED
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1. Title of Security (Instr. 4) 2. Amount of Securities 3. Ownership From: 4. Nature of Indirect
Beneficially Owned Direct (D) or Beneficial
(Instr. 4) Indirect (I) Ownership
(Instr 5.) (Instr. 5)
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<S> <C> <C> <C>
Common Stock (1) 150 D
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</TABLE>
<PAGE>
<TABLE>
<CAPTION>
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TABLE II -- DERIVATIVE SECURITIES BENFICIALLY OWNED (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative Security 2. Date 3. Title and 4. Conversion 5. Ownership 6. Nature of
(Instr. 4) Exercisable Amount of Or Exercise Form of Indirect
and Securities Price of Derivative Beneficial
Expiration Underlying Derivative Security: Ownership
Date (Month/ Derivative Security Direct (Instr. 5)
Day/Year) Security (D) or
(Instr. 4) Indirect (I)
(Instr. 5)
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Date Expira- Amount or
Exer- tion Number
cisable Date Title of Shares
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<S> <C> <C> <C> <C> <C> <C> <C>
Stock Option (2) 11/11/09 Common Stock 100,000 $3.563 D
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Explanation of Responses:
(1) Due to a record keeping error by the reporting person, the reporting
person's original Form 3 finled in November 1999 did not disclose these
shares, all of which are still held of record by the peporting person.
(2) This option will vest as to 33,226 shares on November 11, 2000, and as to
an additional 8,333 shares on the first day of each calendar quarter
thereafter until fully vested.
/s/ Michael E. Savage 11/8/2000
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Signature of Reporting Person Date
