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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No.: *
Name of Issuer: Water Pik Technologies, Inc.
Title of Class of Securities: Common Stock
CUSIP Number: 94113u100
(Date of Event Which Requires Filing of this Statement)
December 9, 1999
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
*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 ("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).
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CUSIP Number: 94113u100
1. Name of Reporting Person
I.R.S. Identification No. of Above Person
RH Capital Associates, LLC
2. Check the Appropriate Box if a Member of a Group
a.
b.
3. SEC Use Only
4. Citizenship or Place of Organization
United States
Number of Shares Beneficially Owned by Each Reporting Person
With:
5. Sole Voting Power:
6. Shared Voting Power:
489,100
7. Sole Dispositive Power:
8. Shared Dispositive Power:
489,100
9. Aggregate Amount Beneficially Owned by Each Reporting Person
489,100
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain
Shares
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11. Percent of Class Represented by Amount in Row (9)
5.2%
12. Type of Reporting Person
OO
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Item 1(a) Name of Issuer: Assistant Living Concepts
(b) Address of Issuer's Principal Executive Offices:
660 Newport Center Drive
Suite 470
Newport Beach, CA 92660
Item 2(a) - (c). Name, Principal Business Address, and
Citizenship of Persons Filing:
RH Capital Associates, LLC
55 Harristown Road
Glen Rock, New Jersey 07452
RH Capital Associates, LLC - Delaware limited liability
company
(d) Title of Class of Securities: Common Stock (the
"Common Stock")
(e) CUSIP Number: 94113u100
Item 3. If this statement is filed pursuant to Rule 13d-1(b)(1)
or 13d-2(b) or (c) check whether the person filing is:
(a) / / Broker or dealer registered under Section 15 of the
Act,
(b) / / Bank as defined in Section 3(a)(6) of the Act,
(c) / / Insurance Company as defined in Section 3(a)(19) of
the Act,
(d) / / Investment Company registered under Section 8 of
the Investment Company Act,
(e) / / Investment Adviser registered under Section 203 of
the Investment Advisers Act of 1940,
(f) / / Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or Endowment
Fund,
(g) / / Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G),
(h) / / Savings association as defined in Section 3(b) of
the Federal Deposit Insurance Act,
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(i) / / Church plan excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act,
(j) / / Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
If this statement is filed pursuant to Rule 13d-1(c), check this
box. /X/
Item 4. Ownership.
(a) Amount Beneficially Owned: 489,100 shares
(b) Percent of Class: 5.2%
(c) 0 shares with sole power to vote or to direct
the vote; 489,100 shares with shared power to
vote or to direct the vote; 0 shares with sole
power to dispose of or to direct the
disposition of; 489,100 shares with shared
power to dispose of or to direct the
disposition of.
Item 5. Ownership of Five Percent or Less of a Class.
As of the date hereof, the Reporting Person is no longer
a beneficial owner of more than 5% of the Common Stock of the
Issuer.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
N/A
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported by the Parent Holding
Company.
N/A
Item 8. Identification and Classification of Members of the
Group.
N/A
Item 9. Notice of Dissolution of the Group.
N/A
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Item 10.
Certification for Rule 13d-1(c): By signing below I certify
that, to the best of my knowledge and belief, the securities
referred to above were not acquired and are not held for the
purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and
are not held in connection with or as a participant in any
transaction having that purpose or effect.
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.
RH CAPITAL ASSOCIATES, LLC
By: /s/ Robert Horwitz
______________________
ROBERT HORWITZ
Managing Member
December 17, 1999
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