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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE13G
Under the Securities Exchange Act of 1934
(Amendment No________)*
Sport Chalet, Inc.
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(Name of Issuer)
Common
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(Title of Class of Securities)
849163100
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(CUSIP Number)
September 2000
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(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)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to
the subject class of securities, and for any subsequent amendment
containing information which would alter the disclosures provided
in a prior cover page.
The information required in the remainder of this cover 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).
Potential persons who are to respond to the collection of
information contained in this form are not required to respond
unless the form displays a currently valid OMB control number.
SEC 1745 (3-98)
Page 1 of 9
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CUSIP No. 849163100
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Edward W. Wedbush
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) / /
(b) /x/
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3. SEC Use Only
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4. Citizenship or Place of Organization
California
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Number of Shares 5. Sole Voting Power 48,700
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 391,828
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 48,700
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8.Shared Dispositive Power 395,328
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
395,328
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10. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
/x/
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11. Percent of Class Represented by Amount in Row (11)
6.0%
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12. Type of Reporting Person (See Instructions)
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IN
Page 2 of 9
<PAGE>
CUSIP No. 849163100
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
E*Capital Corporation
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) / /
(b) /x/
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3. SEC Use Only
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4. Citizenship or Place of Organization
California
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Number of Shares 5. Sole Voting Power 311,328
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 391,828
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 311,328
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8.Shared Dispositive Power 395,328
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
395,328
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10. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
/x/
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11. Percent of Class Represented by Amount in Row (11)
6.0%
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12. Type of Reporting Person (See Instructions)
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CO
Page 3 of 9
<PAGE>
CUSIP No. 849163100
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1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only)
Wedbush Morgan Securities Employee's Retirement Plan
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2. Check the Appropriate Box if a Member of a Group
(See Instructions)
(a) / /
(b) /x/
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3. SEC Use Only
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6. Citizenship or Place of Organization
California
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Number of Shares 5. Sole Voting Power 16,500
Beneficially by ----------------------------------------------
Owned by Each 6. Shared Voting Power 391,828
Reporting ----------------------------------------------
Person With: 7. Sole Dispositive Power 16,500
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8.Shared Dispositive Power 395,328
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
395,328
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10. Check if the Aggregate Amount in Row (11) Excludes Certain
Shares (See Instructions)
/x/
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11. Percent of Class Represented by Amount in Row (11)
6.0%
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12. Type of Reporting Person (See Instructions)
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EP
Page 4 of 9
<PAGE>
Cusip No. 849163100 13G Sport Chalet, Inc.
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Item 1. Name and Address of Issuer.
(a) This statement relates to the shares of the common stock of
Sport Chalet, Inc. ("Issuer").
(b) Issuer's address: 920 Foothill Blvd.,
La Canada, California 91011
Item 2. Filers
(a) This statement is filed by E*Capital Corporation ("ECC");
by Edward W.Wedbush ("EWW"), the chairman of
ECC; and Wedbush Morgan Securities Employees' Retirement
Plans ("EP").
(b) Business address of the above filers are as follows:
ECC - P.O. Box 71029, Los Angeles, CA 90071-0029
EWW - P.O. Box 30014, Los Angeles, CA 90030
EP - P.O. Box 30014, Los Angeles, CA 90030
(c) ECC is a California corporation and EWW is a citizen of the
United States of America. EP is an employee benefit plan.
(d) Common stock
(e) 849163100
Item 3. Classification of Filers
(a)--(e) Not applicable
(f) EP is an employee benefit plan.
(g) ECC is a holding company.
Page 5 of 9
<PAGE>
Item 4. Ownership
(a) EWW has sole ownership of 48,700 Shares of the Issuer;
ECC has sole ownership of 311,328 Shares; and EP has sole
ownership of 16,500 Shares.
(b) Of the Shares outstanding, EWW owns approximately .74%; ECC
owns approximately 4.74%; and EP owns approximately .25%.
(c) Number of Shares as to which the filer has:
(i) Sole power to vote: EWW has sole power to vote on
48,700 Shares; ECC has 311,328 sole Shares; and EP
has 16,500 sole Shares.
(ii) Shared power to vote: EWW has 391,828 Shares; ECC
has 391,828 Shares; and EP has 391,828 Shares.
(iii) Sole power to dispose: EWW has sole power to
dispose on 48,700 Shares; ECC has 311,328 Shares
to dispose; and EP has 16,500 Shares to dispose.
(iv) Shared power to dispose; EWW has 395,328 Shares;
ECC has 395,328 Shares; EP has 395,328 Shares.
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More Than Five Percent on Behalf of Another.
Not applicable.
Item 7. Identification and Classification of Subsidiary which
Acquired the Securities Being Reported on by the Parent
Holding Company.
Not Applicable.
Page 6 of 9
<PAGE>
Item 8. Identification and Classification of Members of a Group.
Name Category No.ofShares Percentage
E*Capital Corporation CO 311,328 4.74%
Edward W. Wedbush IN 48,700 .74%
WMS PS Retirement Plan EP 16,500 .25%
ECC is the parent company of WMS. EWW is the chairman of ECC. EWW owns a
majority of the outstanding Shares of ECC. Accordingly, EWW may be deemed the
beneficial owner of Shares owned by ECC. However, beneficial ownership of the
Issuer's Shares is hereby disclaimed by EWW.
ECC, EP and EWW disclaim membership in any group with officers or
directors of ECC.
Item 9. Notice of Dissolution of Group.
Not applicable.
Page 7 of 9
<PAGE>
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the Issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
Signature
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
E*Capital Corporation
10/27/00
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Date
EDWARD W. WEDBUSH
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Edward W. Wedbush
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Signature
EDWARD W. WEDBUSH
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Edward W. Wedbush/President
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Name/Title
Edward W. Wedbush
10/27/00
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Date
EDWARD W. WEDBUSH
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Edward W. Wedbush
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Signature
EDWARD W. WEDBUSH
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Edward W. Wedbush
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Name/Title
Page 8 of 9
<PAGE>
Wedbush Morgan Securities Employees' Retirement Plans
10/27/00
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Date
EDWARD W. WEDBUSH
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Edward W. Wedbush
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Signature
Edward W. Wedbush/Trustee
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Name/Title
Page 9 of 9
