THIS PAPER DOCUMENT IS BEING SUBMITTED PURSUANT
TO RULE 101(d) OF REGULATION S-T
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Wang Laboratories, Inc.
(Name of Issuer)
Common Stock Par Value $0.01 Per Share
(Title of Class and Securities)
93369N109
(CUSIP Number of Class of Securities)
James E. McKee, Gabelli Funds, Inc.,
One Corporate Center, Rye, NY 10580-1435 (914) 921-5294
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
May 10, 1999
(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 that is the subject of this Schedule
13D, and is filing this schedule because of 240.13d-1(e), or
240.13d-1(f) or 240.13d-1(g), check the following box [ ].
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Funds, LLC I.D. No. 13-4044523
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
OO-Funds of investment company clients
_________________________________________________________________
(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
_________________________________________________________________
: (7) SOLE VOTING POWER
: 1,333,400 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None (Item 5)
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 1,333,400 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None (Item 5)
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,333,400 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
/ /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
2.81%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IA
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
GAMCO Investors, Inc. I.D. No. 13-4044521
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
OO-Funds of investment advisory clients
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) _____
/ x /
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_________________________________________________________________
: (7) SOLE VOTING POWER
: 1,438,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 1,494,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,494,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
3.15%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IA, CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Associates Fund I.D. No. 13-3246203
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
New York
_________________________________________________________________
: (7) SOLE VOTING POWER
: 163,715 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 163,715 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
163,715 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.35%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
ALCE Partners, L.P. I.D. No. 13-3782067
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
_________________________________________________________________
: (7) SOLE VOTING POWER
: 10,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 10,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.02%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli & Company, Inc. I.D. No. 13-2885006
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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) ______
/ X /
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_________________________________________________________________
: (7) SOLE VOTING POWER
: 22,500 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None (Item 5)
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 22,500 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None (Item 5)
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
22,500 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.05%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
BD, CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Associates Limited I.D. No. Foreign Corporation
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
British Virgin Islands
_________________________________________________________________
: (7) SOLE VOTING POWER
: 45,300 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 45,300 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
45,300 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.10%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli International Limited I.D. No. Foreign Corporation
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
British Virgin Islands
_________________________________________________________________
: (7) SOLE VOTING POWER
: 40,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 40,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.08%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli International II Limited I.D. No. Foreign
Corporation
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
British Virgin Islands
_________________________________________________________________
: (7) SOLE VOTING POWER
: 15,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 15,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
15,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.03%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Foundation, Inc. I.D. No. 94-2975159
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
NV
_________________________________________________________________
: (7) SOLE VOTING POWER
: 20,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 20,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
/ /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.04%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
00-PRIVATE FOUNDATION
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Multimedia Partners, L.P. I.D. No. 13-3782066
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
_________________________________________________________________
: (7) SOLE VOTING POWER
: 6,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 6,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.02%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli & Company, Inc. I.D. No. 13-3798449
Profit Sharing Plan
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
New York
_________________________________________________________________
: (7) SOLE VOTING POWER
: 20,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 20,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
20,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.04%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
EP
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Performance Partnership L.P. I.D. No. 13-3396569
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
_________________________________________________________________
: (7) SOLE VOTING POWER
: 40,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 40,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
40,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/___/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.08%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
PN
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Securities, Inc. I.D. No. 13-3379374
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(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
_________________________________________________________________
: (7) SOLE VOTING POWER
: 25,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 25,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
/ x /**
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.05%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
HC, CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________ (1)
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
MJG Associates, Inc. I.D. No. 06-1304269
______________________________________________________________ (2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
OO-Client Funds
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
Connecticut
_________________________________________________________________
: (7) SOLE VOTING POWER
: 4,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 4,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,000 (Item 5)
_________________________________________________________________ (12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
/ x /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.01%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Funds, Inc. I.D. No. 13-3056041
_________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
None
_________________________________________________________________
(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
_________________________________________________________________
: (7) SOLE VOTING POWER
: 75,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None (Item 5)
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 75,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None (Item 5)
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
75,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
/ x /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.16%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
HC, CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________ (1)
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gabelli Asset Management Inc. I.D. No. 13-4007862
_________________________________________________________________ (2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
None
_________________________________________________________________
(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
_________________________________________________________________
: (7) SOLE VOTING POWER
: 90,000 (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: 90,000 (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
90,000 (Item 5)
_________________________________________________________________
(12) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* ____
/_X_/
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.19%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
HC, CO
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________ (1)
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Marc J. Gabelli
________________________________________________________________ (2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
None
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
_________________________________________________________________
: (7) SOLE VOTING POWER
: None (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: None (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None (Item 5)
_________________________________________________________________ (12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
/ /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.00%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
_________________________________________________________________
CUSIP No. 93369N109 13D
_________________________________________________________________ (1)
NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Mario J. Gabelli
_________________________________________________________________ (2)
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP:
____
(a) /___/
____
(b) /___/
_________________________________________________________________
(3) SEC USE ONLY
_________________________________________________________________
(4) SOURCE OF FUNDS*
None
_________________________________________________________________
(5) CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ____
/ /
_________________________________________________________________
(6) CITIZENSHIP OR PLACE OF ORGANIZATION
USA
_________________________________________________________________
: (7) SOLE VOTING POWER
: None (Item 5)
:________________________
: (8) SHARED VOTING POWER
NUMBER OF SHARES BENEFICIALLY : None
OWNED BY EACH REPORTING :________________________
PERSON WITH : (9) SOLE DISPOSITIVE
: POWER
: None (Item 5)
:________________________
:(10) SHARED DISPOSITIVE
: POWER
: None
_________________________________________________________________
(11) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
None (Item 5)
_________________________________________________________________ (12)
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 11
EXCLUDES CERTAIN SHARES* _____
/ x /
_________________________________________________________________
(13) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11
0.00%
_________________________________________________________________
(14) TYPE OF REPORTING PERSON*
IN
_________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!<PAGE>
Item 1.Security and Issuer
The class of equity securities to which this statement on
Schedule 13D relates is the Common Stock, $0.01 par value per share
("Securities"), of Wang Laboratories, Inc. (the "Issuer"), a Delaware
corporation, with principal offices located at 290 Concord Road,
Billerica, Massachusetts 01821.
Item 2. Identity and Background
This statement is being filed by Mario J. Gabelli ("Mario
Gabelli"), Marc J. Gabelli ("Marc Gabelli") and various entities which
either one directly or indirectly controls or for which either one
acts as chief investment officer. These entities, except for Lynch
Corporation ("Lynch"), Spinnaker Industries, Incorporated
("Spinnaker"), Western New Mexico Telephone Company ("Western New
Mexico"), Entoleter, Inc. ("Entoleter"), Lynch Telecommunications
Corporation ("Lynch Telecom"), Lynch Telephone Corporation ("Lynch
Telephone") and Inter-Community Telephone Company ("Inter-Community")
(collectively, "Lynch and its affiliates"), engage in various aspects
of the securities business, primarily as investment adviser to various
institutional and individual clients, including registered investment
companies and pension plans, as broker/dealer and as general partner
of various private investment partnerships. Certain of these entities
may also make investments for their own accounts.
The foregoing persons in the aggregate often own
beneficially more than 5% of a class of equity securities of a
particular issuer. Although several of the foregoing persons are
treated as institutional investors for purposes of reporting their
beneficial ownership on the short-form Schedule 13G, the holdings of
those who do not qualify as institutional investors may exceed the 1%
threshold presented for filing on Schedule 13G or implementation of
their investment philosophy may from time to time require action which
could be viewed as not completely passive. In order to avoid any
question as to whether their beneficial ownership is being reported on
the proper form and in order to provide greater investment flexibility
and administrative uniformity, these persons have decided to file
their beneficial ownership reports on the more detailed Schedule 13D
form rather than on the short-form Schedule 13G and thereby to provide
more expansive disclosure than may be necessary.
(a), (b) and (c) - This statement is being filed by one or
more of the following persons: Gabelli Funds, Inc. ("GFI"), Gabelli
Asset Management Inc. ("GAMI") , Gabelli Funds, LLC ("Gabelli Funds"),
GAMCO Investors, Inc. ("GAMCO"), Gabelli Securities, Inc. ("GSI"),
Gabelli & Company, Inc. ("Gabelli & Company"), Gabelli Performance
Partnership L.P. ("GPP"), GLI, Inc. ("GLI"), Gabelli Associates Fund
("Gabelli Associates"), Gabelli Associates Limited ("GAL"), Gabelli &
Company, Inc. Profit Sharing Plan (the "Plan"), Gabelli International
Limited ("GIL"), Gabelli International II Limited ("GIL II"), Gabelli
International Gold Fund Limited ("GIGFL"), ALCE Partners, L.P.
("ALCE"), Gabelli Multimedia Partners, L.P. ("Multimedia Partners"),
MJG Associates, Inc. ("MJG Assocciates"), Gemini Capital Management
Ltd. ("Gemini"), Gabelli Fund, LDC ("LDC"), Gabelli Foundation, Inc.
("Foundation"), Mario Gabelli, Marc Gabelli, Lynch, Spinnaker, Western
New Mexico, Entoleter, Lynch Telecom, Lynch Telephone and Inter-
Community. Those of the foregoing persons signing this Schedule 13D
are hereafter referred to as the "Reporting Persons".
GFI makes investments for its own account and is the parent
company of GAMI. GAMI, a public company listed on the New York Stock
Exchange, is the parent company for a variety of companies engaged in
the Securities business, each of which is named below.
GAMCO, a wholly-owned subsidiary of GAMI, is an investment
adviser registered under the Investment Advisers Act of 1940, as
amended ("Advisers Act"). GAMCO is an investment manager providing
discretionary managed account services for employee benefit plans,
private investors, endowments, foundations and others.
GSI, a majority-owned subsidiary of GAMI, acts as a general
partner or investment manager to limited partnerships and offshore
investment companies and as a part of its business regularly purchases
and sells securities for its own account. It is the immediate parent
of Gabelli & Company.
Gabelli & Company, a wholly-owned subsidiary of GSI, is a
broker-dealer registered under the Securities Exchange Act of 1934, as
amended ("l934 Act"), which as a part of its business regularly
purchases and sells securities for its own account.
GLI, wholly-owned subsidiary of GSI, is a corporation which
currently has no active operations.
Gabelli Associates is a New York limited partnership whose
primary business purpose is risk arbitrage investments. GSI and Mario
Gabelli are the general partners of Gabelli Associates.
GAL is a corporation whose primary business purpose is risk
arbitrage investments. Shares of GAL's common stock are offered to
persons who are neither citizens nor residents of the United States
and may be offered to a limited number of U.S. investors. GSI is the
investment manager of GAL.
Gabelli Funds, a wholly-owned subsidiary of GAMI, is a
limited liability company. Gabelli Funds is an investment adviser
registered under the Advisers Act which presently provides
discretionary advisory services to The Gabelli Equity Trust Inc., The
Gabelli Asset Fund, The Gabelli Growth Fund, The Gabelli Convertible
Securities Fund, Inc., The Gabelli Value Fund Inc., The Gabelli Small
Cap Growth Fund, The Gabelli Equity Income Fund, The Gabelli ABC Fund,
The Gabelli Global Telecommunications Fund, Gabelli Gold Fund, Inc.,
The Gabelli Global Multimedia Trust Inc., The Gabelli Global
Convertible Securities Fund, Gabelli Capital Asset Fund, Gabelli
International Growth Fund, Inc., The Gabelli Global Interactive Couch
Potato Fund and The Gabelli Global Opportunity Fund (collectively,
the "Funds"), which are registered investment companies.
Gabelli Advisers, Inc. ("Gabelli Advisers"), a subsidiary of
GAMI, is an investment adviser which provides discretionary advisory
services to The Gabelli Westwood Mighty Mitessm Fund.
The Plan, a qualified employee profit sharing plan, covers
substantially all employees of GAMI and its affiliates.
GPP is a limited partnership whose primary business purpose
is investing in securities. MJG Associates is the general partner of
GPP, and Mario Gabelli is a portfolio manager for GPP.
GIL is a corporation whose primary business purpose is
investing in a portfolio of equity securities and securities
convertible into, or exchangeable for, equity securities in order to
achieve its investment objective of significant long-term growth of
capital. Shares of GIL's common stock are offered to persons who are
neither citizens nor residents of the United States and may be offered
to a limited number of U.S. investors. MJG Associates is the
Investment Manager of GIL. Mario Gabelli is a portfolio manager for
GIL and Chairman of the Board of Directors of GIL.
GIL II is a corporation whose business purpose is investing
primarily in a portfolio of equity securities and securities
convertible into, or exchangeable for, equity securities in order to
achieve its investment objective of significant long-term growth of
capital. Shares of GIL II's common stock are offered to persons who
are neither citizens nor residents of the United States and may be
offered to a limited number of U.S. investors. MJG Associates is the
Investment Manager of GIL II.
Mario Gabelli is a portfolio manager and Chairman of the Board of
Directors of GIL II.
ALCE is an investment limited partnership that seeks long-term
capital appreciation primarily through investments in public and
private equity securities. GSI is a general partner of ALCE.
Multimedia Partners is an investment limited partnership whose
objective is to provide long-term capital appreciation by investing
primarily in public and private multimedia communications companies.
GSI is a general partner of Multimedia Partners.
LDC is a corporation whose business purpose is investing
primarily in a portfolio of equity securities and securities
convertible into, or exchangeable for, equity securities in order to
achieve its investment objective of significant long-term growth of
capital. Interests are offered to insurance companies which do not
conduct any business in the United States and which are licensed where
they do business. MJG Associates is the Investment Manager of LDC.
Mario Gabelli is a portfolio manager for LDC.
MJG Associates provides advisory services to private investment
partnerships and offshore funds. Mario Gabelli is the sole
shareholder, director and employee of MJG Associates.
Gemini is a corporation whose primary business purpose is to
provide advisory services to offshore funds. Marc Gabelli is the
President and Chief Investment Officer of Gemini.
The Foundation is a private foundation. Mario Gabelli is the
President, a Trustee and the Investment Manager of the Foundation.
Lynch is a diversified public company traded on the American
Stock Exchange. Its subsidiaries are engaged in communications,
services, and manufactured products. Spinnaker, a subsidiary of
Lynch, is also a public company and its stock is traded on the NASDAQ
National Market. Spinnaker is a diversified manufacturing firm with
major subsidiaries in specialty adhesive-backed materials business.
Another of Lynch's subsidiaries, Western New Mexico, provides
telephone services in a service area in Southwestern New Mexico.
Inter-Community, which is also a subsidiary of Lynch, provides local
telephone services in an area 40 miles west of Fargo, North Dakota.
Lynch and Spinnaker actively pursue new business ventures and
acquisitions. Lynch and its affiliates make investments in marketable
securities to preserve capital and maintain liquidity for financing
their business activities and acquisitions (not in the case of Western
New Mexico) and are not engaged in the business of investing,
reinvesting, or trading in securities. Mario Gabelli is Chairman of
Lynch and beneficially owns approximately 23% of the shares of common
stock of Lynch.
Mario Gabelli is the majority stockholder and Chairman of
the Board of Directors and Chief Executive Officer of GFI and GAMI,
and the Chief Investment Officer for each of the Reporting Persons
which are entities other than Gemini. GFI is the majority shareholder
of GAMI. GAMI, in turn, is the sole stockholder of GAMCO. GAMI is
also the majority stockholder of GSI and the largest shareholder of
Gabelli Advisers. Gabelli & Company is a wholly-owned subsidiary of
GSI. GLI is a wholly-owned subsidiary of GSI. Marc Gabelli is the
majority stockholder of Gemini.
The Reporting Persons do not admit that they constitute a
group.
GFI, GAMI, GAMCO, Gabelli & Company and GLI are New York
corporations and GSI and Gabelli Advisers are Delaware corporations,
each having its principal business office at One Corporate Center,
Rye, New York 10580. Gabelli Funds is a New York limited liability
company having its principal business office at One Corporate Center,
Rye, New York 10580. GPP is a New York limited partnership having its
principal business office at 401 Theodore Fremd Ave., Rye, New York
10580. MJG Associates is a Connecticut corporation having its
principal business office at 401 Theodore Fremd Ave., Rye, New York
10580. Gabelli Associates is a New York limited partnership having its
principal business office at One Corporate Center, Rye, New York
10580. Alce and Multimedia Partners are Delaware limited partnerships
each having its principal business office at One Corporate Center,
Rye, New York 10580. GAL and GIL are corporations organized under the
laws of the British Virgin Islands, each having its principal business
office at c/o MeesPierson (Cayman) Limited, British American Centre,
Dr. Roy's Drive-Phase 3, George Town, Grand Cayman, British West
Indies. GIL II is a corporation organized under the laws of the
British Virgin Islands having its principal business office at c/o
Coutts & Company (Cayman) Limited, West Bay Road, Grand Cayman,
British West Indies. Gemini is a Bermuda corporation having its
principal business office at c/o Appleby, Spurling & Kempe, Cedar
House, 41 Cedar Avenue, Hamilton HM12, Bermuda. LDC is a corporation
organized under the laws of the British Virgin Islands having its
pricipal business office at c/o Tremont (Bermuda) Limited, Tremont
House, 4 Park Road, Hamilton HM II, Bermuda. The Foundation is a
private foundation having its principal offices at 165 West Liberty
Street, Reno, Nevada 89501. Lynch is an Indiana corporation having its
principal business office at 401 Theodore Fremd Avenue, Rye, NY 10580.
Spinnaker is a Delaware corporation having its principal business
office at 251 Welton Street, Hamden, CT 06511.
For information required by instruction C to Schedule 13D
with respect to the executive officers and directors of the foregoing
entities and other related persons (collectively, "Covered Persons"),
reference is made to Schedule I annexed hereto and incorporated herein
by reference.
(d) and (e) - On December 8, 1994, the SEC instituted and
simultaneously accepted offers for the settlement of an administrative
proceeding against Gabelli & Company and GAMCO. The order instituting
the proceeding included a finding, which Gabelli & Company and GAMCO
neither admitted nor denied, that they failed to implement and
maintain policies and procedures reasonably designed to prevent the
misuse of material, nonpublic information by not specifically
addressing the special circumstances that arose from their affiliation
with Lynch Corporation, a public company. To resolve this matter,
Gabelli & Company and GAMCO agreed to cease and desist from violating
Section 15(f) of the 1934 Act and Section 204A of the Advisers Act,
respectively. They further agreed to each pay a civil penalty in the
amount of $50,000, and to retain, and adopt the recommendations of, an
independant consultant regarding their Section 15(f) and Section 204A
policies and procedures.
(f) - Reference is made to Schedule I hereto.
Item 3. Source and Amount of Funds or Other Consideration
The Reporting Persons used an aggregate of approximately
$91,067,706 to purchase the Securities reported as beneficially owned
in Item 5 below. GAMCO and Gabelli Funds used approximately
$43,146,720 and $32,986,490, respectively, of funds that were provided
through the accounts of certain of their investment advisory clients
(and, in the case of some of such accounts at GAMCO, may be through
borrowings from client margin accounts) in order to purchase the
Securities for such clients. Gabelli Associates used approximately
$3,041,825 of the investing funds of the partnership to purchase the
Securities reported by it. GAL, GIL and GIL II used approximately
$1,301,016, $1,148,800 and $435,900, respectively, of working capital
to purchase the Securities reported by them. The Foundation used
approximately $576,400 of funds from the Foundation's assets to
purchase the Securities reported by it. GFI and GAMI used aproximately
$2,162,250 and $2,594,700, respectively, of working capital to
purchase the Securities reported by them. GSI and Gabelli & Company
used $718,250 and $652,275, respectively, of working capital to
purchase the Securities reported by them. GPP used approximately
$1,150,400 of the investing funds of the partnership to purchase the
Securities reported by it. GMP and ALCE used approximately $172,260
and, $288,900, respectively, of working capital to purchase the
Securities reported by them. The Plan used approximately $576,000 of
funds from the Plan's assets to purchase the Securities reported by
it.
Item 4. Purpose of Transaction
Each of the Reporting Persons, with the exceptions of Lynch
and its affiliates, has purchased and holds the Securities reported by
it for investment for one or more accounts over which it has shared,
sole, or both investment and/or voting power, for its own account, or
both.
The Reporting Persons, with the exceptions of Lynch and its
affiliates, are engaged in the business of securities analysis and
investment and pursue an investment philosophy of identifying
undervalued situations. In pursuing this investment philosophy, the
Reporting Persons analyze the operations, capital structure and
markets of companies in which they invest, including the Issuer, on a
continuous basis through analysis of documentation and discussions
with knowledgeable industry and market observers and with
representatives of such companies (often at the invitation of
management). The Reporting Persons do not believe they possess
material inside information concerning the Issuer. As a result of
these analytical activities one or more of the Reporting Persons may
issue analysts reports, participate in interviews or hold discussions
with third parties or with management in which the Reporting Person
may suggest or take a position with respect to potential changes in
the operations, management or capital structure of such companies as a
means of enhancing shareholder values. Such suggestions or positions
may relate to one or more of the transactions specified in clauses (a)
through (j) of Item 4 of the Schedule 13D form, including, without
limitation, such matters as disposing of one or more businesses,
selling the company or acquiring another company or business, changing
operating or marketing strategies, adopting or not adopting, certain
types of anti-takeover measures and restructuring the company's
capitalization or dividend policy.
Each of the Reporting Persons intends to adhere to the
foregoing investment philosophy with respect to the Issuer. How-ever,
none of the Reporting Persons intends to seek control of the Issuer or
participate in the management of the Issuer, and any Reporting Person
that is registered as an investment company under the l940 Act will
participate in such a transaction only following receipt of an
exemption from the SEC under Rule l7D-l under the l940 Act, if
required, and in accordance with other applicable law. In pursuing
this investment philosophy, each Reporting Person will continuously
assess the Issuer's business, financial condition, results of
operations and prospects, general economic conditions, the securities
markets in general and those for the Issuer's securities in
particular, other developments and other investment opportunities, as
well as the investment objectives and diversification requirements of
its shareholders or clients and its fiduciary duties to such
shareholders or clients. Depending on such assessments, one or more
of the Reporting Persons may acquire additional Securities or may
determine to sell or otherwise dispose of all or some of its holdings
of Securities. Although the Reporting Persons share the same basic
investment philosophy and although portfolio decisions are made by or
under the supervision of Mario Gabelli, the investment objectives and
diversification requirements of various clients differ from those of
other clients so that one or more Reporting Persons may be acquiring
Securities while others are disposing of Securities.
With respect to voting of the Securities, the Reporting
Persons have adopted general voting policies relating to voting on
specified issues affecting corporate governance and shareholder
values. Under these policies, the Reporting Persons generally vote
all securities over which they have voting power in favor of
cumulative voting, financially reasonable golden parachutes, one share
one vote, management cash incentives and pre-emptive rights and
against greenmail, poison pills, supermajority voting, blank check
preferred stock and super-dilutive stock options. Exceptions may be
made when management otherwise demonstrates superior sensitivity to
the needs of shareholders. In the event that the aggregate voting
position of all joint filers shall exceed 25% of the total voting
position of the issuer then the proxy voting committees of each of the
Funds shall vote their Fund's shares independently.
Each of the Covered Persons who is not a Reporting Person
has purchased the Securities reported herein as beneficially owned by
him for investment for his own account or that of one or more members
of his immediate family. Each such person may acquire additional
Securities or dispose of some or all of the Securities reported herein
with respect to him.
Other than as described above or in Item 4(c) below, none of
the Reporting Persons and none of the Covered Persons who is not a
Reporting Person has any present plans or proposals which relate to or
would result in any transaction, change or event specified in clauses
(a) through (j) of Item 4 of the Schedule 13D.
Item 5. Interest In Securities Of The Issuer
(a) The aggregate number and percentage of Securities to
which this Schedule 13D relates is 3,403,915 shares and represents
7.17% of 47,421,806 shares outstanding. This latter number of shares
is arrived at by adding the number of shares outstanding as reported
in the Issuer's most recently filed Form 10-Q dated March 31, 1999
(47,045,406 shares) to the number of shares which would be receivable
by the Reporting Persons if they were to convert all of the Issuer's
Series B Cumlative Convertible Preferred shares held by them (376,400
shares) into the Common Stock of the Issuer. The Reporting Persons
beneficially own the Securities as follows:
Shares of % of Shares of % of
Common Class of Common Stock, Class
Name Stock Common Converted Converted
Gabelli Funds:
Principal: 0 0.00% 0 0.00%
Agent: 957,000 2.03% 1,333,400 2.81%
GAMCO
Principal: 0 0.00% 0 0.00%
Agent: 1,494,000 3.18% 1,494,000 3.15%
GIL 40,000 0.09% 40,000 0.09%
GIL II 15,000 0.03% 15,000 0.03%
ALCE 10,000 0.02% 10,000 0.02%
The Plan 20,000 0.04% 20,000 0.04%
Gabelli & Company 22,500 0.05% 22,500 0.05%
Gabelli Associates 163,715 0.35% 163,715 0.35%
GAL 45,300 0.10% 45,300 0.10%
GMP 6,000 0.01% 6,000 0.01%
GPP 40,000 0.09% 40,000 0.09%
GSI 25,000 0.05% 25,000 0.05%
Foundation 20,000 0.04% 20,000 0.04%
MJG Associates 4,000 0.01% 4,000 0.01%
GAMI 90,000 0.19% 90,000 0.19%
GFI 75,000 0.16% 75,000 0.16%
Mario Gabelli is deemed to have beneficial ownership of
the Securities beneficially owned by each of the foregoing
persons other than Marc Gabelli. MJG Associates is deemed to
have beneficial ownership of the Securities beneficially owned by
GIL and GIL II. GSI is deemed to have beneficial ownership of the
Securities beneficially owned by Gabelli & Company, ALCE, GMP, Gabelli
Associates and GAL. GFI is deemed to have beneficial
ownership of the Securities beneficially owned by each of the
foregoing persons other than Mario Gabelli and Marc Gabelli
(b) Each of the Reporting Persons and Covered Persons has the sole
power to vote or direct the vote and sole power to dispose or to
direct the disposition of the Securities reported for it, either for
its own benefit or for the benefit of its investment clients or its
partners, as the case may be, except that (i) GAMCO does not have the
authority to vote 56,000 of the reported shares, (ii) Gabelli Funds
has sole dispositive and voting power with respect to the 1,333,400
shares of the Issuer held by the Funds, so long as the aggregate
voting interest of all joint filers does not exceed 25% of their total
voting interest in the Issuer and in that event, the Proxy Voting
Committee of each of the Funds shall respectively vote that Fund's
shares, (iii) at any time, the Proxy Voting Committee of each such
Fund may take and exercise in its sole discretion the entire voting
power with respect to the shares held by such Fund under special
circumstances such as regulatory considerations, (iv) the power of
Mario Gabelli, Marc Gabelli and GFI is indirect with respect to
Securities beneficially owned directly by other Reporting Persons.
(c) Information with respect to all transactions in the Securi-
ties which were effected during the past sixty days by each of the
Reporting Persons and Covered Persons is set forth on Schedule II
annexed hereto and incorporated herein by reference.
(d) The investment advisory clients of Gabelli Funds,
Gabelli Advisers, GAMCO, MJG Associates and Gemini, the partners
of the various partnerships managed by Mario Gabelli and GSI
(including GPP, Gabelli Associates, ALCE, and Multimedia Partners
to the extent of their economic interest there-in) and the
shareholders of GIL, GIL II and LDC which Mario Gabelli manages
and GAL which is managed by GSI have the sole right to receive
and, subject to the notice, withdrawal and/or termination provi-
sions of such advisory contracts and partnership arrangements,
the sole power to direct the receipt of dividends from, and the
proceeds of sale of, any of the Securities beneficially owned by
such Reporting Persons. Except as noted, no such client or
partner has an interest by virtue of such relationship that
relates to more than 5% of the Securities.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the Issuer
The powers of disposition and voting of Gabelli Funds, Gabelli
Advisers, GAMCO, MJG Associates and Gemini with respect to Securities
owned beneficially by them on behalf of their investment advisory
clients, of Mario Gabelli and GSI with respect to Securities owned
beneficially by them on behalf of the partnerships which they directly
or indirectly manage, and of GIL, GIL II, GAL, LDC and GIGFL with
respect to Securities owned beneficially by them on behalf of their
shareholders, are held pursuant to written agreements with such clients
and partnerships.
Item 7. Material to be Filed as an Exhibit
The following Exhibit A is attached hereto. The following
Exhibit B is incorporated herein by reference to Exhibit LL in the
initial Schedule 13D of vaious Gabelli entities dated June 27, 1995
relating to the Common Stock of Pulitzer Publishing and Exhibit RR in
Amendment No. 16 to Schedule 13D of various Gabelli entities dated April
23, 1996 relating to the Common Stock of Aaron Rents, Inc.
Exhibit A: Joint Filing Agreement
Exhibit B: Powers of Attorney to Stephen G. Bondi,
Steven M. Joenk, and James E. McKee from
Joseph H. Epel.
Powers of Attorney to Stephen G. Bondi,
Steven M. Joenk, and James E. McKee from
Robert E. Dolan.
Powers of Attorney to Stephen G. Bondi,
Steven M. Joenk, and James E. McKee from
Mario J. Gabelli.
Powers of Attorney to Stephen G. Bondi,
Steven M. Joenk, and James E. McKee from
Marc J. Gabelli.
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.
Dated: May 20, 1999
GABELLI FUNDS, INC.
By:_________________________
James E. McKee
General Counsel
GABELLI FUNDS, LLC
By:_________________________
James E. McKee
Secretary
GABELLI ASSET MANAGEMENT INC.
By:________________________
James E. McKee
General Counsel
GABELLI ASSOCIATES LIMITED
By:_________________________
Gabelli Securities, Inc.,
Investment Manager
by: James E. McKee
Secretary
GAMCO INVESTORS, INC.
By:___________________________
Douglas R. Jamieson
Executive Vice President
GABELLI ASSOCIATES FUND
By:___________________________
Gabelli Securities, Inc.
General Partner
by: James E. McKee
Attorney-in-Fact
GABELLI FOUNDATION, INC.
By:____________________________
Mario J. Gabelli, President
by: James E. McKee
Attorney-in-Fact
GABELLI INTERNATIONAL LIMITED
By:____________________________
Mario J. Gabelli, Chairman
by: James E. McKee
Attorney-in-Fact
GABELLI INTERNATIONAL II LIMITED
By:____________________________
Mario J. Gabelli, Chairman
by: James E. McKee
Attorney-in-Fact
GABELLI & COMPANY, INC.
By:__________________________
James E. McKee
Secretary
GABELLI & COMPANY, INC.
PROFIT SHARING PLAN
By:__________________________
Douglas R. Jamieson
Trustee
ALCE PARTNERS, L.P.
By:___________________________
Gabelli Securities, Inc.
General Partner
by: James E. McKee
Secretary
GABELLI PERFORMANCE
PARTNERSHIP, L.P.
By:_________________________
MJG Associates, Inc.
by: Mario J. Gabelli, President
by: James E. McKee
Attorney-in-Fact
GABELLI MULTIMEDIA PARTNERS, L.P.
By:___________________________
Gabelli Securities, Inc.
General Partner
by: James E. McKee
Secretary
GABELLI SECURITIES, INC.
By:_________________________
James E. McKee
Secretary
MJG ASSOCIATES, INC.
By:__________________________
Mario J. Gabelli, President
by: James E. McKee
Attorney-in-Fact
MARIO J. GABELLI
By:_____________________________
James E. McKee
Attorney-in-Fact
MARC J. GABELLI
By:_____________________________
James E. McKee
Attorney-in-Fact
<PAGE>
Schedule I
Information with Respect to Executive
Officers and Directors of the Undersigned
Schedule I to Schedule 13D is amended, in pertinent part, as
follows:
The following sets forth as to each of the executive officers
and directors of the undersigned: his name; his business address; and
his present principal occupation or employment and the name, principal
business and address of any corporation or other organization in which
such employment is conducted. Unless otherwise specified, the principal
employer of each such individual is Gabelli Funds, Inc., Gabelli Asset
Management Inc., Gabelli Funds, LLC, Gabelli & Company, Inc., or GAMCO
Investors, Inc., the business address of each of which is One Corporate
Center, Rye, New York 10580, and each such individual identified below
is a citizen of the United States. To the knowledge of the undersigned,
during the last five years, no such person has been convicted in a
criminal proceeding (excluding traffic violations or similar
misdemeanors), and no such person was a party to a civil proceeding of
a judicial or administrative body of competent jurisdiction as a result
of which he 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 law or finding any violation
with respect to such laws except as reported in Item 2(d) of this
Schedule 13D.
<PAGE>
Gabelli Funds, Inc.
Directors:
Mario J. Gabelli*
Richard B. Black President and Director of
Oak Technology, Inc.;
Chairman ECRM; Director
of The Morgan Group, Inc.;
General Partner of KBA Part-
ners, Parker Plaza
400 Kelby Street,
Fort Lee, NJ 07029
Charles C. Baum Chairman, Director and Chief
Executive Officer of The Morgan
Group, Inc.; Secretary & Treasurer
United Holdings
2545 Wilkens Avenue
Baltimore, MD 21223
John C. Ferrara Business Consultant; Director of
Lynch Corporation
c/o Gabelli Funds, Inc.
One Corporate Center
Rye, NY 10580
Dr. Eamon M. Kelly Professor
Payson Center for International
Development Technology Transfer
Tulane University
300 Hebert Hall
6823 St. Charles Avenue
New Orleans, LA 70118
Marc J. Gabelli Managing Director
Matthew R. Gabelli Vice President-Trading
Gabelli & Company
One Corporate Center
Rye, New York 10580
Officers:
Mario J. Gabelli Chairman, Chief Executive
Officer and Chief Investment
Officer
Stephen G. Bondi Executive Vice President-Finance
and Adminstration
_____________________
* Mr. Gabelli is the Chief Executive Officer and Chief
Investment Officer of Gabelli Funds, Inc., Gabelli Asset Management Inc.
and GAMCO Investors, Inc.; Director/Trustee of all registered investment
companies advised by Gabelli Funds, Inc.; Chairman and Chief Executive
Officer of Lynch Corporation; Director of East/West Communications, Inc.
<PAGE>
Robert S. ZuccaroVice President and Chief Financial
Officer
James E. McKee Vice President, General
Counsel and Secretary
Gabelli Asset Management Inc.
Directors:
Mario J. Gabelli See above
Richard B. Black See above
Charles C. Baum See above
Dr. Eamon M. Kelly See above
Karl Otto Pohl (1) Sal Oppenheim Jr. & Cie
Bockenheimer Landstrasse 20
D-6000 FRANKFURT AM MAIN
Germany
Officers:
Mario J. Gabelli Chairman, Chief Executive
Officer and Chief Investment
Officer
Stephen G. Bondi Executive Vice President-Finance
and Adminstration
Robert S. Zuccaro Vice President and Chief Financial
Officer
James E. McKee Vice President, General
Counsel and Secretary
GAMCO Investors, Inc.
Directors:
Mario J. Gabelli
Douglas R. Jamieson
Joseph R. Rindler, Jr.
Regina M. Pitaro
F. William Scholz, II
Officers:
Mario J. Gabelli Chief Executive Officer
and Chief Investment Officer
Joseph R. Rindler, Jr. Chairman
Douglas R. Jamieson Executive Vice President and
Chief Operating Officer
Robert S. Zuccaro Vice President and Chief
Financial Officer
Stephen G. Bondi Vice President
James E. McKee Vice President, General Counsel
and Secretary
Peter D. Goldstein Deputy General Counsel and
Assistant Secretary
Gabelli Funds, LLC
Officers:
Mario J. Gabelli Chief Investment Officer
Bruce N. Alpert Executive Vice President and
Chief Operating Officer
Gus Coutsouros Vice President and Chief Financial
Officer
Stephen G. Bondi Vice President
James E. McKee Secretary
Gabelli Advisers, Inc.
Directors:
Bruce N. Alpert
John D. Gabelli
Joseph R. Rindler, Jr.
Officers:
Bruce N. Alpert Chief Operating Officer
Stephen G. Bondi Vice President
James E. McKee Secretary
Gabelli Securities, Inc.
Directors:
Robert W. Blake President of W.R. Blake
& Sons, Inc.
196-20 Northern Boulevard
Flushing, NY 11358
Douglas G. DeVivo General Partner of ALCE
Partners, L.P.
One First Street, Suite 16
Los Altos, CA 94022
Joseph R. Rindler, Jr. See above
Officers:
Stephen G. Bondi Vice President
Robert S. Zuccaro Vice President-Finance
James E. McKee Secretary
Gabelli & Company, Inc.
Directors:
James G. Webster, III Chairman
Stephen G. Bondi See above
Donald C. Jenkins Director of Research
Officers:
James G. Webster, III Chairman
Stephen G. Bondi Vice President
Bruce N. Alpert Vice President-Mutual Funds
Walter K. Walsh Compliance Officer
James E. McKee Secretary
GLI, Inc.
Directors:
Mario J. Gabelli See above-Gabelli Funds, Inc.
Officers:
Mario J. Gabelli Chairman and Chief Investment
Officer
Stephen G. Bondi Vice President
Gabelli Associates Limited
Directors:
Mario J. Gabelli See above-Gabelli Funds, Inc.
Roger Hanson (2) MeesPierson (Cayman)
Limited
British American Centre
Dr. Roy's Drive- Phase 3
Georgetown, Grand Cayman
Cayman Islands, British
WestIndies
Officers:
Mario J. Gabelli Chief Investment Officer
Kevin Bromley (2) Vice President, Treasurer and
Assistant Secretary
Sandra Wright (2) Secretary and Assistant Treasurer
Gabelli International Limited
Directors:
Mario J. Gabelli See above-Gabelli Funds, Inc.
Roger Hanson (2) MeesPierson (Cayman)
Limited
British American Centre
Dr. Roy's Drive- Phase 3
Georgetown, Grand Cayman
Cayman Islands, British West Indies
Officers:
Kevin Bromley (2) Vice President, Treasurer, and
Assistant Secretary
MeesPierson (Cayman) Limited
British American Centre
Dr. Roy's Drive- Phase 3
Georgetown, Grand Cayman
Cayman Islands, British West Indies
Sandra Wright (2) Secretary and Assistant Treasurer
Assistant Secretary
MeesPierson (Cayman) Limited
British American Centre
Dr. Roy's Drive- Phase 3
Georgetown, Grand Cayman
Cayman Islands, British West Indies
Gemini Capitial Management Ltd.
Directors:
Marc J. Gabelli See above-Gabelli Funds, Inc.
Stephen G. Bondi See Above-Gabelli Funds, Inc.
Michael A. Salatto Controller, Gabelli Securities,
Inc.
Michael J. Burns (3) Appleby, Spurling & Kempe
Cedar House
41 Cedar Avenue
Hamilton, HM12
Bermuda
Douglas Molyneux (3) Appleby, Spurling & Kempe
Cedar House
41 Cedar Avenue
Hamilton, HM12
Bermuda
Gabelli Fund, LDC
Directors:
Johann S. Wong (4) c/o Tremont (Bermuda)
Limited
Tremont House
4 Park Road
Hamilton HM 11, Bermuda
Peter D. Anderson (5) Givens Hall Bank & Trust
Genesis Building
P.O. Box 2097
Grand Cayman, Cayman Islands
BWI3459498141
Karl Otto Pohl See above
Anthonie C. van Ekris See below
Lynch Corporation
401 Theodore Fremd Avenue
Rye, NY 10580
Directors:
Paul J. Evanson President
Florida Light & Power Co.
P.O Box 14000
700 Universe Blvd.
Juno Beach, Fl 33408
Mario J. Gabelli See above-Gabelli Funds, Inc.
E. Val Cerutti Business Consultant
Cerutti Consultants
227 McLain Street
Mount Kisco, NY 10540
Ralph R. Papitto Chairman of the Board
AFC Cable Systems, Inc.
50 Kennedy Plaza
Suite 1250
Providence, RI 02903
Salvatore Muoio Principal
S. Muoio & Co., LLC
Suite 1425
655 Third Avenue
New York, NY 10017
John C. Ferrara Business Consultant
c/o Lynch Corporation
401 Theodore Fremd Ave
Rye, NY 10580
David C. Mitchell Business Consultant
c/o Lynch Corporation
401 Theodore Fremd Ave
Rye, NY 10580
Officers:
Mario J. Gabelli Chairman and Chief Executive
Officer
Robert E. Dolan Chief Financial Officer
Carmine Ceraolo Assistant Controller
Robert A. Hurwich Vice President-Administration,
Secretary and General Counsel
Spinnaker Industries, Inc.
600 N. Pearl Street
Suite 2160
Dallas, TX 75201
Directors:
Joseph P. Rhein 5003 Central Avenue
Ocean City, NJ 08226
Richard J. Boyle The Boyle Group, Inc.
6110 Blue Circle Drive
Suite 250
Minnetonka, MN 55343
Ned N. Fleming, III Boyle, Fleming,
& Co., Inc.
600 N. Pearl Street
Suite 2160
Dallas, TX 75201
Robert E. Dolan See above Lynch Corporation
Anthonie C. van Ekris Chairman and Chief
Executive Officer
Balmac International, Inc.
61 Broadway
Suite 1900
New York, NY 10006
Frank E. Grzelecki President
Saugatuck
1 Canterbury Green
Stamford, CT 06901
Officers:
Ned N. Fleming, III President and Chief Operating
Officer
Richard J. Boyle Chairman and Chief Executive
Officer
Robert A. Hurwich Secretary
Mark A. Matteson Vice President, Corporate
Development
Craig Jennings Vice President, Finance and
Treasurer
Entoleter, Inc.
251 Welton Street
Hamden, CT 06517
Directors:
Ned N. Fleming, III See above-Spinnaker
Mark A. Matteson See above-Spinnaker
Robert P. Wentzel See above Entoleter
James Fleming 230 Saugatuck Avenue, Unit 8
Westport, CT 06880
Officers:
Robert P. Wentzel President
Mark R. Matteson Vice President
Charles DeMarino Controller & Secretary
Western New Mexico Telephone Company
314 Yankee Street
Silver City, NM 88062
Directors:
Jack W. Keen Chairman and President
Dr. Brian E. Gordon Vice President
Mary Beth Baxter Secretary & Treasurer
John Clay Keen Route 6
Box 270
Greenville, TX 75401
Robert E. Dolan See above-Lynch Corporation
Robert A. Hurwich See above-Lynch Corporation
Carmine Ceraolo See above-Lynch Corporation
Mary J. Carroll See above-Lynch Corporation
Eugene P. Connell See above-Lynch Corporation
Michael F. Mangan See below-Lynch Telecommunications
Corporation
Officers:
Jack W. Keen Chairman and President
Dr. Brian E. Gordon Vice President
Charles M. Baxter Sr. Vice President-Operations
Mary Beth Baxter Secretary & Treasurer
Robert A. Hurwich Assistant Treasurer
Inter-Community Telephone Company
P.O. Box A
Nome, ND 58062
Directors:
Mary J. Carroll See above-Lynch Corporation
Robert E. Dolan See above-Lynch Corporation
Robert A. Hurwich See above-Lynch Corporation
Eugene P. Connell See above-Lynch Corporation
Harry B. Snyder P.O. Box 131
Buffalo, ND 58011
Robert Snyder 200 Broadway South
Buffalo, ND 58011
Keith S. Andersen See above-Inter-Community Telephone
Company
Robert Reff See above-Inter-Community Telephone
Company
Michael F. Mangan See below-Lynch Telecommunications
Corporation
Jack Bently 1210 E. Washington Ave
Gilbert, AZ 85234
Officers:
Robert Snyder President
Keith S. Andersen Secretary
Harry B. Snyder Treasurer
Robert A. Hurwich Assistant Secretary
Lynch Telecommunications Corporation
401 Theodore Fremd Avenue
Rye, NY 10580
Directors:
Richard A. Kiesling 2801 International Lane
Suite 207
Madison, WI 53740
Robert E. Dolan See above-Lynch Corporation
Jack W. Keen See above-Lynch Corporation
Robert A. Snyder See above-Inter-Community
Telephone Company
Michael F. Mangan See above-Lynch Corporation
Officers:
Robert A. Hurwich Secretary
Michael F. Mangan Treasurer and
Assistant Secretary
Robert E. Dolan President, Controller, Assistant
Treasurer, and Assistant Secretary
Lynch Telephone Corporation
401 Theodore Fremd Avenue
Rye, NY 10580
Directors:
Robert E. Dolan Controller
Jack W. Keen President
Robert A. Hurwich See above-Lynch Corporation
Michael F. Mangan See above-Lynch Telecommunications
Corporation
Officers:
Jack W. Keen President
Robert A. Hurwich Secretary
Mary Beth Baxter Treasurer and
Assistant Secretary
Robert E. Dolan Vice President and Controller
(1) Citizen of Germany
(2) Citizen of the Cayman Islands
(3) Citizen of Bermuda
(4) Citizen of Bermuda and Canada
(5) Citizen of the UK
SCHEDULE II
INFORMATION WITH RESPECT TO
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)
SHARES PURCHASED AVERAGE
DATE SOLD(-) PRICE(2)
COMMON STOCK-WANG LABORATORY
GABELLI FOUNDATION
5/10/99 5,000 28.9415
5/06/99 15,000 28.7812
5/10/99 2,000 28.9926
5/05/99 2,000 28.7702
GABELLI SECURITIES,INC.
5/05/99 25,000 28.7338
THE GABELLI PERFORMANCE PARTNERSHIP
5/05/99 40,000 28.7619
GABELLI MULTIMEDIA PARTNERS,L.P.
5/05/99 6,000 28.7078
GABELLI INTERNATIONAL LTD
5/05/99 30,000 28.7621
GABELLI FUNDS, INC.
5/14/99 5,000 28.8750
5/11/99 5,000 29.0000
5/10/99 25,000 29.0153
5/05/99 25,000 28.7338
5/04/99 15,000 28.5781
5/04/99 10,000 28.5792
GABELLI FUNDS, LLC
THE GABELLI TELECOMMUNICATION FUND
5/07/99 30,000 28.8125
5/06/99 20,000 28.7995
5/05/99 100,000 28.7500
THE GABELLI GLOBAL MULTI MEDIA TRUST
5/07/99 80,000 28.8125
5/06/99 20,000 28.7995
5/05/99 100,000 28.7500
THE GABELLI EQUITY TRUST,INC.
5/11/99 75,000 29.0833
5/06/99 20,000 28.7995
5/05/99 100,000 28.7500
THE GABELLI ASSET FUND
5/07/99 170,000 28.8125
THE GABELLI CAPITAL ASSET FUND
5/17/99 10,000 28.8750
5/06/99 40,000 28.7995
5/05/99 40,000 28.7500
THE GABELLI ABC FUND
5/11/99 50,000 29.0781
5/07/99 20,000 28.8125
SCHEDULE II
INFORMATION WITH RESPECT TO
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)
SHARES PURCHASED AVERAGE
DATE SOLD(-) PRICE(2)
COMMON STOCK-WANG LABORATORY
THE GABELLI ABC FUND
5/06/99 20,000 28.7995
5/05/99 60,000 28.7500
GABELLI ASSET MANAGEMENT, INC.
5/14/99 10,000 28.8750
5/12/99 5,000 29.0000
5/11/99 10,000 29.0000
5/10/99 25,000 29.0153
5/05/99 15,000 28.7338
5/04/99 25,000 28.5781
GAMCO INVESTORS, INC.
5/19/99 15,000 28.8125
5/18/99 5,000 28.9063
5/17/99 17,700 28.8296
5/14/99 30,000 28.8750
5/13/99 129,700 29.0443
5/13/99 1,800 29.1250
5/12/99 102,000 29.0873
5/12/99 8,400 29.1250
5/11/99 800 29.1250
5/11/99 5,900 29.0000
5/11/99 1,000- *DO
5/11/99 157,100 29.1170
5/10/99 6,000 29.0463
5/10/99 13,500 29.0571
5/10/99 1,300 29.0638
5/10/99 5,000 29.0788
5/10/99 30,000 29.0203
5/10/99 9,000 29.0210
5/10/99 8,600 29.0214
5/10/99 6,600 29.0236
5/10/99 12,000 29.0300
5/10/99 15,000 29.0355
5/07/99 5,300 28.8135
5/07/99 17,200 28.8125
5/07/99 30,000 28.8034
5/07/99 1,000 28.8662
SCHEDULE II
INFORMATION WITH RESPECT TO
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)
SHARES PURCHASED AVERAGE
DATE SOLD(-) PRICE(2)
COMMON STOCK-WANG LABORATORY
GAMCO INVESTORS, INC.
5/07/99 10,000 28.8077
5/07/99 50,000 28.8025
5/07/99 33,600 28.8031
5/06/99 4,500 28.8274
5/06/99 2,800 28.8200
5/06/99 6,000 28.8166
5/06/99 10,000 28.8491
5/06/99 94,700 28.7848
5/06/99 30,000 28.7863
5/06/99 10,000 28.7906
5/06/99 100 29.4341
5/06/99 1,000 28.9141
5/06/99 400 28.9466
5/06/99 4,000 28.8125
5/06/99 800 28.8654
5/06/99 59,000 28.7852
5/06/99 8,000 28.8076
5/06/99 3,500 28.8027
5/05/99 3,000 28.7923
5/05/99 1,000 28.8123
5/05/99 1,400 28.7887
5/05/99 900 28.8145
5/05/99 12,000 28.7856
5/05/99 600 28.8506
5/05/99 3,000 28.8525
5/05/99 82,000 28.7748
5/05/99 2,000 28.8723
5/05/99 3,000 28.7431
5/05/99 2,100 28.7733
5/05/99 30,000 28.7445
5/05/99 44,000 28.8073
5/05/99 2,200 28.7718
5/05/99 48,000 28.7640
5/05/99 81,000 28.7439
5/05/99 200 28.7575
5/05/99 4,800 28.7558
5/05/99 95,000 28.7553
5/05/99 50,000 28.7488
5/05/99 7,500 28.7475
5/05/99 40,000 28.7456
5/04/99 20,000 28.5658
GABELLI ASSOCIATES LTD
5/07/99 5,300 28.7700
SCHEDULE II
INFORMATION WITH RESPECT TO
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)
SHARES PURCHASED AVERAGE
DATE SOLD(-) PRICE(2)
COMMON STOCK-WANG LABORATORY
GABELLI ASSOCIATES LTD
5/06/99 5,000 28.7824
5/05/99 15,000 28.7012
5/04/99 20,000 28.7090
GABELLI ASSOCIATES FUND
5/10/99 8,100 29.0200
5/10/99 1,300 29.0014
5/06/99 8,315 28.7600
5/05/99 65,000 28.5702
5/04/99 70,000 28.7067
5/04/99 1,000 28.8638
GABELLI & COMPANY, INC.
5/14/99 5,000 28.8750
5/12/99 7,500 29.0000
5/11/99 5,000 29.0000
5/10/99 5,000 29.0154
GABELLI PROFIT SHARING PLAN
5/10/99 5,000 29.0154
5/05/99 15,000 28.7338
ALCE PARTNERS LP
5/10/99 6,250 29.0014
5/05/99 3,750 28.7078
(1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED
ON THE NASDAQ NATIONAL MARKET.
(2) PRICE EXCLUDES COMMISSION.
(*) RESULTS IN CHANGE OF DISPOSITIVE POWER AND BENEFICIAL OWNERSHIP.
SCHEDULE II
INFORMATION WITH RESPECT TO
TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)
SHARES PURCHASED AVERAGE
DATE SOLD(-) PRICE(2)
SERIES B CONVERTIBLE - WANG LABORATORIES
GABELLI FUNDS, LLC
THE GABELLI EQUITY TRUST,INC.
5/07/99 90,000 55.0000
THE GABELLI CONVERTIBLE SECURITIES FUND
5/07/99 10,000 55.0000
5/05/99 100,000 54.9375
(1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED
ON THE NASDAQ NATIONAL MARKET.
(2) PRICE EXCLUDES COMMISSION.
Exhibit A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) under the Securities
Exchange Act of 1934, as amended, the undersigned hereby agree to
the joint filing with all other Reporting Entities (as such term is
defined in the Schedule 13D referred to below) on behalf of each of
them of a statement on Schedule 13D (including amendments there-
to) with respect to the Common Stock, par value $0.01 per share, of
Wang Laboratories, Inc. and that this Agreement be included as an
Exhibit to such joint filing. This Agreement may be executed in
any number of counterparts all of which taken together shall
constitute one and the same instrument.
IN WITNESS WHEREOF, the undersigned hereby execute this
Agreement this 20th day of May, 1999.
MARIO J. GABELLI
By:____________________________
James E. McKee
Attorney-in-Fact
GABELLI FUNDS, INC.
By:_________________________
James E. McKee
General Counsel
GAMCO INVESTORS, INC.
By:_________________________
Douglas R. Jamieson
Executive Vice President
GABELLI SECURITIES, INC.
By:_________________________
James E. McKee
Secretary
GABELLI & COMPANY, INC.
By:_________________________
James E. McKee
Secretary
GABELLI PERFORMANCE
PARTNERSHIP, L. P.
By:_________________________
MJG Associates, Inc.,
General Partner
by: Mario J. Gabelli, President
by: James E. McKee
Attorney-in-Fact
GLI, INC.
By:_________________________
Mario J. Gabelli
Chairman
by: James E. McKee
Attorney-in-Fact
GABELLI ASSOCIATES FUND
By:_________________________
Gabelli Securities, Inc.,
General Partner
by: James E. McKee
Secretary
GABELLI ASSOCIATES LIMITED
By:_________________________
Gabelli Securities,Inc.,
Investment Manager
by: James E. McKee
Secretary
GABELLI & COMPANY, INC.
PROFIT SHARING PLAN
By:_________________________
Douglas R. Jamieson
Trustee
GABELLI INTERNATIONAL LIMITED
By:_________________________
Mario J. Gabelli, Chairman
by: James E. McKee
Attorney-in-Fact
GABELLI INTERNATIONAL II LIMITED
By:_________________________
Mario J. Gabelli, Chairman
by: James E. McKee
Attorney-in-Fact
LYNCH CORPORATION
By:________________________
Joseph H. Epel, Treasurer
by: James E. McKee
Attorney-in-Fact
SPINNAKER INDUSTRIES, INC.
By:_________________________
Joseph H. Epel, Treasurer
by: James E. McKee
Attorney-in-Fact
WESTERN NEW MEXICO
By:____________________________
Joseph H. Epel, Treasurer
by: James E. McKee
Attorney-in-Fact
ALCE PARTNERS, L.P.
By:__________________________
Gabelli Securities, Inc.
General Partner
by: James E. McKee
Secretary
GABELLI MULTIMEDIA PARTNERS, L.P.
By:__________________________
Gabelli Securities, Inc.
General Partner
by: James E. McKee
Secretary
INTER-COMMUNITY TELEPHONE COMPANY
By:___________________________
Joseph H. Epel, Treasurer
by: James E. McKee
Attorney-in-Fact
GEMINI CAPITAL MANAGEMENT LIMITED
By:___________________________
Marc J. Gabelli
President
by: James E. McKee
Attorney-in-Fact
GABELLI FOUNDATION, INC.
By:__________________________
Mario J. Gabelli, President
by: James E. McKee
Attorney-in-Fact
MARC J. GABELLI
By:_____________________________
James E. McKee
Attorney-in-Fact
GABELLI FUNDS, LLC
By:___________________________
James E. McKee
Secretary
GABELLI ASSET MANAGEMENT INC.
By:____________________________
James E. McKee
General Counsel
