UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
WELLS-GARDNER ELECTRIC.
COMMON STOCK
CUSIP Number: 949765101
December 31, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is field:
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 his form with respect to the subject class of
securities, andfor any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes)
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Killen Group, Inc.
IRS #23-2213851
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b) ?
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Incorporated in the Commonwealth of Pennsylvania
NUMBER OF 5. SOLE VOTING POWER 134,925
SHARES
BENEFICIALLY 6. SHARE VOTING POWER
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER 407,055
REPORTING
PERSON 8. SHARED DISPOSITIVE POWER
WITH:
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
407,055
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.0%
12. TYPE OF REPORTING PERSON*
I
Item 1.
(a) The issue is Wells-Gardner Electric
(b) The issuer's principal offices are located at 2701 North
Kildare Avenue, Chicago, IL 60639
Item 2.
The Killen Group, Inc.
(a) The Killen Group, Inc. is a person filing this report.
(b) The Killen Group's address is 1189 Lancaster Avenue, Berwyn,
Pa 19312.
(c) The Killen Group is a corporation incorporated under the laws
of the Commonwealth of Pennsylvania.
(d) This filing pertains to the common stock of the Issuer.
(e) The CUSIP number for the common stock is 949765101.
Item 3.
The Killen group, Inc. is an Investment Adviser registered under
section 203 of the Investment Adviser Act of 1940.
Item 4.
The Killen Group
(a) The Killen Group is the beneficial owner of 407,055 shares of
the Issuer's common stock.
(b) The amount owned by The Killen Group is 9.0% of the shares
outstanding.
(c) (i) The Killen Group has the sole power to vote or to direct
the vote of 134,925 shares of
common stock.
(iii) The Killen Group has the sole power to dispose or to direct the
disposition of 407,055 shares of common stock.
Item 5.
Not Applicable.
Item 6.
Other persons who have the right to receive dividends and the right to
the proceeds of a sale of the securities are the clients of The Killen Group,
for whom the securities were purchased.
Item 7.
Not applicable.
Item 8.
Not applicable.
Item 9.
Not applicable.
Item 10.
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 or
such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
Date: February 9, 2000
The Killen Group, Inc.
/s/Robert E. Killen
Robert E. Killen, Chairman & CEO
