SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.1)
Unitrode Corp.
- ------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- ------------------------------------------------------------------------------
(Title of Class of Securities)
913283107
- -----------------------------------------------------------------------------
(CUSIP Number)
*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 the disclosures provided in a prior cover page.
The information required in 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 (the "Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
(Continued on following pages)
Page 1 of 7 Pages
<PAGE>
CUSIP No.913283197 13G Page 2 of 7 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSON
OppenheimerFunds, Inc.
I.R.S. No. 13-2527171
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
A
----
B X
----
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Colorado
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER: 0
SHARES ---------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER: 0
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER:0
REPORTING ---------------------------------------------------------------
PERSONAL 8 SHARED DISPOSITIVE POWER: 3,438,200
WITH ---------------------------------------------------------------
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,438,200
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.85%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 7 Pages
<PAGE>
CUSIP No.913283197 13G Page 3 of 7 Pages
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Oppenheimer Quest Opportunity Value Fund
I.R.S. No. 13-6918880
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
A
----
B X
----
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Colorado
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER: 3,110,000
SHARES ---------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER: 0
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER:0
REPORTING ---------------------------------------------------------------
PERSONAL 8 SHARED DISPOSITIVE POWER:3,110,000
WITH ---------------------------------------------------------------
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,110,000
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.81%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IV
- --------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
Item 1(a) Name of Issuer: Unitrode Corp.
Item 1(b) Address of Issuer's Principal Executive Offices:
7 Continental Blvd.
Merrimack, NH 03054
Item 2(a) Name of Person Filing: OppenheimerFunds, Inc.
Item 2(b) Address of Principal Business Office:
Two World Trade Center, Suite 3400
New York, New York 10048-0203
Item 2(c) Citizenship: Inapplicable
Item 2(d) Title of Class of Securities: Common Stock
Item 2(e) CUSIP Number:913283107
Item 3(e) X Investment Adviser registered under Section 203 of the
--- Investment Advisers Act of 1940
Item 4(a) Amount Beneficially Owned: 3,438,200 shares
Item 4(b) Percent of Class: 10.85%
Item 4(c)(i) Sole Power to vote or to direct the vote - 0
Item 4(c)(ii) Shared power to vote or to direct the vote - 0
Item 4(c)(iii) Sole power to dispose or to direct the disposition of - 0
Item 4(c)(iv) Shared power to dispose or to direct the disposition of -
3,438,200 shares
*includes the number of common shares of Issuer that will be received upon
conversion of the convertible bond by Oppenheimer Quest Opportunity Value Fund.
Page 4 of 7 Pages
<PAGE>
Item 5 Ownership to Five Percent or Less of a Class:
--------------------------------------------
If this statement is being filed to report the fact that as of
the date hereof, the reporting person has ceased to be the
beneficial owner of more than 5% of the class of securities,
check the following: X
Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
------------------------------------------------------------
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company:
--------------------------------------------------------------
Inapplicable
Item 8 Identification and Classification of Members of the Group:
---------------------------------------------------------
Inapplicable
Item 9 Notice of Dissolution of Group:
------------------------------
Inapplicable
Item 10 Certification:
-------------
By signing below, I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or influencing
the control of the issuer of such securities and were not
acquired in connection with or as a participant in any
transaction having such purpose or effect.
SIGNATURE After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Date: February 11, 1999
/s/ Merryl Hoffman
Signature: ______________________________________
Name/Title: Merryl Hoffman, Vice President
Page 5 of 7 Pages
<PAGE>
EXHIBIT A
---------
The Board of Directors or Trustees of the registered investment companies
managed by OppenheimerFunds, Inc. ("OFI") and owning shares of the issuer can
direct the disposition of dividends received by such funds and can dispose of
such securities. Additionally, OFI shares the power to dispose of such
securities with the Board of Directors or Trustees of such funds; however, the
Board of Directors or Trustees of such fund has delegated these responsibilities
to OFI as the fund's investment advisor under its investment advisory agreement.
OFI has an interest relating to five (5%) percent or more of such securities as
disclosed on Page 2 hereof, by virtue of the interest of five percent (5%) or
more of such securities by Oppenheimer Quest Opportunity Value Fund, as
disclosed on pages 3 and 4 hereof. OFI disclaims ownership of such securities,
except as expressly stated herein.
Page 6 of 7 Pages
<PAGE>
EXHIBIT B
---------
The undersigned investment company hereby acknowledges and agrees that a
report on Schedule 13G being filed by OppenheimerFunds, Inc. on or about the
date hereof, relating to the Common Stock of Unitrode Corp., is filed on behalf
of the undersigned.
Dated: February 11, 1999
Oppenheimer Quest Opportunity Value Fund
/s/ Robert G. Zack
By:______________________________________
Robert G. Zack
Assistant Secretary
Page 7 of 7 Pages
