WECHSLER & CO INC /BD
SC 13G/A, 2000-08-04
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G
                                 (Rule 13d-102)

            INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
             TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
                              PURSUANT TO 13d-2(b)
                              (Amendment No. 1)(1)


                                INTELLICORP, INC.
                                (Name of Issuer)


                          COMMON STOCK, $.001 PAR VALUE
                         (Title of Class of Securities)


                                   45815310300
                                 (CUSIP Number)


                                  June 19, 2000
             (Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

     |X| Rule 13d-1(b)

     |_| Rule 13d-1(c)

     |_| Rule 13d-1(d)

----------

(1) The  remainder  of this  cover  page  shall be  filled  out for a  reporting
person's  initial  filing on this  form with  respect  to the  subject  class of
securities,  and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).

                                Page 1 of 5 Pages

<PAGE>


---------------------                                          -----------------
CUSIP No. 45815310300              13G                         Page 2 of 5 Pages
---------------------                                          -----------------

--------------------------------------------------------------------------------
1    NAME OF REPORTING PERSON
     SS. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
     WECHSLER & CO., INC.
--------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                         (a)|_|
                                                                         (b)|X|
--------------------------------------------------------------------------------
3    SEC USE ONLY


--------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

     New York
--------------------------------------------------------------------------------

                    5    SOLE VOTING POWER

                         3,224,967 (including 361,532 shares issuable upon
                         exercise of a warrant of the Issuer)
 NUMBER OF SHARES   ------------------------------------------------------------
   BENEFICIALLY     6    SHARED VOTING POWER
     OWNED BY
      EACH               Not Applicable
     PERSON         ------------------------------------------------------------
    REPORTING       7    SOLE DISPOSITIVE POWER
      WITH
                         3,224,967 (including 361,532 shares issuable upon
                         exercise of a warrant of the Issuer)
                    ------------------------------------------------------------
                    8    SHARED DISPOSITIVE POWER

                         Not Applicable
--------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     3,224,967 (including 361,532 shares issuable upon exercise of a warrant
     of the Issuer)
--------------------------------------------------------------------------------
10   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


--------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

     15.9%
--------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON

     BD
--------------------------------------------------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!


                                Page 2 of 5 Pages

<PAGE>


Item 1(a). Name of Issuer:

           INTELLICORP, INC.

Item 1(b). Address of Issuer's Principal Executive Offices:

           1975 El Camino Real West
           Mountain View, CA 94040

Item 2(a). Name of Person Filing:

           This  Schedule  13G is filed on behalf of Wechsler & Co.,  Inc.  (the
           "Reporting Person").

Item 2(b). Address of Principal Business Office or, if none, Residence:

           105 South Bedford Road
           Suite 310
           Mount Kisco, NY 10549

Item 2(c). Citizenship:

           New York corporation

Item 2(d). Title of Class of Securities:

           Common Stock, $.001 par value

Item 2(e). CUSIP Number:

           45815310300

Item 3.    Type of Reporting Person:

           (a)  The Reporting Person is a broker-dealer registered under Section
                15 of the Securities  Exchange Act of 1934.  Norman J. Wechsler,
                the majority shareholder, Chairman of the Board and President of
                Wechsler & Co., Inc. is, accordingly,  considered the beneficial
                owner of securities  beneficially  owned by Wechsler & Co., Inc.
                and has filed a Schedule  13D to report such  ownership.  All of
                the equity  securities of the Issuer  beneficially  owned by the
                Reporting  Person  were  acquired  in  the  ordinary  course  of
                business  and not  with the  purpose  nor  with  the  effect  of
                changing  or  influencing  the  control  of the  Issuer,  nor in
                connection  with or as a participant in any  transaction  having
                such effect (including any transaction  subject to Rule 13d-3(b)
                promulgated under the Securities Exchange Act of 1934).

           (b) - (h):  Not applicable


                                Page 3 of 5 Pages

<PAGE>


Item 4.    Ownership:

           (a)  Amount Beneficially Owned:

           At August 2, 2000, the Reporting Person  beneficially owned 3,224,967
           shares  of  Common  Stock,  111,042  shares  of which are held in its
           market-making  accounts for  securities  of the Issuer and  3,113,925
           shares  of which are held in its  investment  account  and  including
           361,532 shares issuable upon exercise of a warrant of the Issuer. Mr.
           Wechsler is deemed the  beneficial  owner of such shares by reason of
           his relationship with the Reporting Person.

           (b)  Percent of Class:

                15.9% based upon an outstanding number of 20,245,380 shares

           (c)  Number of shares as to which such person has:

                  (i)  sole power to vote or to direct the vote:

                       3,224,967, including 361,532 shares issuable upon
                       exercise of a warrant of the Issuer

                 (ii)  shared power to vote or to direct the vote:

                       Not Applicable

                (iii)  sole power to dispose or to direct the disposition of:

                       3,224,967, including 361,532 shares issuable upon
                       exercise of a warrant of the Issuer

                 (iv)  shared power to dispose or to direct the disposition of:

                       Not Applicable

Items 5-9. Not Applicable

Item 10.   By signing below, the undersigned  certifies that, to the best of its
           knowledge and belief, the securities  referred to above were acquired
           in the  ordinary  course of business  and were not  acquired  for the
           purpose  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.


                                Page 4 of 5 Pages

<PAGE>


                                    SIGNATURE

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

Date: August 4, 2000


                                        WECHSLER & CO., INC.


                                        By:  /s/ Norman J. Wechsler
                                             ---------------------------
                                             Norman J. Wechsler,
                                             President


                                Page 5 of 5 Pages



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