SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
240.13d-102
SCHEDULE 13G A
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
(S)240.13D-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT
TO (S)240.13D-2
(Amendment No. 1 )*
Phoenix Medical Technology
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
969493204
(CUSIP Number)
Date of Event Which Requires Filing of this
Statement)
April 2, 1997
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 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>
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CUSIP NO. 969493204 13G
- ------------------------
- ------------------------------------------------------------------
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
BankAmerica Corporation
56-0906609
- ------------------------------------------------------------------
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2
(a) [_]
(b) [_]
- ------------------------------------------------------------------
- -------------
SEC USE ONLY
3
- ------------------------------------------------------------------
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CITIZENSHIP OR PLACE OF ORGANIZATION
4 Delaware
- ------------------------------------------------------------------
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SOLE VOTING POWER
5
NUMBER OF 620,766
SHARES -----------------------------------------------
- ------------
SHARED VOTING POWER
BENEFICIALLY 6 -0-
OWNED BY
-----------------------------------------------
- ------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------
- ------------
SHARED DISPOSITIVE POWER
WITH 8 620,766
- ------------------------------------------------------------------
- -------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 620,766
- ------------------------------------------------------------------
- -------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
10 [_]
- ------------------------------------------------------------------
- -------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11 17.3%
- ------------------------------------------------------------------
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TYPE OF REPORTING PERSON*
12 HC
- ------------------------------------------------------------------
- -------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 2
<PAGE>
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CUSIP NO. 969493204 13G
- ------------------------
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NB Holdings Corporation
- ------------------------------------------------------------------
- -------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2
(a) [_]
(b) [_]
- ------------------------------------------------------------------
- -------------
SEC USE ONLY
3
- ------------------------------------------------------------------
- -------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4 North Carolina Corporation
-----------------------------------------------------------------
- --------------
SOLE VOTING POWER
5
NUMBER OF 620,766
SHARES -----------------------------------------------
- ------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY
-----------------------------------------------
- ------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------
- ------------
SHARED DISPOSITIVE POWER
WITH 8 620,766
- ------------------------------------------------------------------
- -------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 620,766
- ------------------------------------------------------------------
- -------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
10 [_]
- ------------------------------------------------------------------
- -------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11 17.3%
- ------------------------------------------------------------------
- -------------
TYPE OF REPORTING PERSON*
12 HC
- ------------------------------------------------------------------
- -------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 3
<PAGE>
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CUSIP NO. 969493204 13G
- ------------------------
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NAME OF REPORTING PERSON
1 S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
NationsBank N.A.
- ------------------------------------------------------------------
- -------------
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2
(a) [_]
(b) [_]
- ------------------------------------------------------------------
- -------------
SEC USE ONLY
3
- ------------------------------------------------------------------
- -------------
CITIZENSHIP OR PLACE OF ORGANIZATION
4 U.S. National Banking Association
-----------------------------------------------------------------
- --------------
SOLE VOTING POWER
5
NUMBER OF 620,766
SHARES -----------------------------------------------
- ------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY
-----------------------------------------------
- ------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING -0-
PERSON -----------------------------------------------
- ------------
SHARED DISPOSITIVE POWER
WITH 8 620,766
- ------------------------------------------------------------------
- -------------
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9 620,766
- ------------------------------------------------------------------
- -------------
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
10 [_]
- ------------------------------------------------------------------
- -------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11 17.3%
- ------------------------------------------------------------------
- -------------
TYPE OF REPORTING PERSON*
12
- ------------------------------------------------------------------
- -------------
*SEE INSTRUCTION BEFORE FILLING OUT!
Page 4
<PAGE>
Item 1 (a) Name of Issuer:
Williams Industries Inc.
(b) Address of Issuer's
Principal Executive
Offices:
2849 Meadow View Rd.
Falls Church, VA 22042
Item 2 (a) Names of Person Filing: (a)BankAmerica Corporation
(b)NB Holdings Corporation
(c)NationsBank N.A.
(b) Address of Principal
Business Offices: (a)100 North Tryon St.
Charlotte, N.C. 28255
(b)100 North Tryon St.
Charlotte, N.C. 28255
(c)110 South Tryon St.
Charlotte, N.C. 28255
(c) Citizenship: (a)Delaware Corporation
(b)North Carolina Corporation
(c)U.S. National Banking
Association
(d) Title of Class of Common Stock
Securities:
(e) CUSIP Number: 969493204
Item 3 If this statement is filed pursuant to Rules 13d-1(b)
or 13d-2(b)
or (c), check whether the person filing is a:
(a) [_] Broker or Dealer registered under Section
15 of the Act
(15 U.S.C. 78o)
(b) [x] Bank as defined in Section 3(a)(6) of the
Act (15 U.S.C.
78c)
(c) [_] Insurance Company as defined in Section
3(a)(19) of the
Act (15 U.S.C. 78c)
(d) [_] Investment Company registered under Section
8 of the
Investment Company Act (15 U.S.C. 80a-8)
Page 7
<PAGE>
(e) [_] An investment adviser in accordance with
(S)240.13d-
1(b)(1)(ii)(E)
(f) [_] An employee benefit plan or endowment fund
in accordance
with (S)240.13d-1(b)(1)(ii)(F)
(g) [x] A parent holding company or control person
in accordance
with (S)240.13d-1(b)(ii)(G)
(h) [_] A savings association as defined in Section
3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813)
(i) [_] A church plan that is excluded from the
definition of an
investment company under section 3(c)(14) of
the
Investment Company Act of 1940 (15 U.S.C. 80a-
3)
(j) [ ] Group, in accordance with (S)240.13d-
1(b)(1)(ii)(J)
If this statement is filed pursuant to (S)240.13d-1(c), check this
box. [_
Item 4 *Ownership
With respect to the beneficial ownership of the reporting entity
as of 4-2-97, see Items 5 through 11, inclusive, of the respective
cover pages of this Schedule 13G applicable to such entity which
are incorporated herein by reference.
___________
* By virtue of the corporate relationships between Reporting
Persons as
described in Item 7, BankAmerica Corporation (BAC the parent
company) may be deemed to possess indirect beneficial ownership of
shares beneficially owned directly by its subsidiaries. Similarly,
higher tier BAC subsidiaries may be deemed to possess indirect
beneficial ownership of shares beneficially owned directly by
lower tier BAC subsidiaries. The power to vote and to dispose of
shares may be deemed to be shared between entities due to their
corporate relationships.
Item 5 Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact
that as of the
date hereof the reporting person has ceased to be the
beneficial
owner of more than five percent of the class of
securities, check
the following [_]
Page 8
<PAGE>
Item 6 Ownership of More than Five Percent on Behalf of
Another Person.
Not Applicable.
Item 7 Identification and Classification of the Subsidiaries
Which
Acquired the Security Being Reported on by the Parent
Holding
Company.
Pursuant to Rule 13d-1(b)(1)(ii)(G) of the Securities Exchange Act
of 1934, BankAmerica Corporation is filing this Schedule 13G as a
parent holding company of the following:
a. NB Holdings Corporation, which is a holding company of its
subsidiary,
NationsBank N.A.
Classifiable under Item 3(b) as a Bank as defined in Section
3(a)(6) of the Securities Exchange Act of 1934.
Item 8 Identification and Classification of Members of the
Group.
Except for the relationship referred to in Item 7 hereof, the
reporting entities do not affirm the existence of a group. This
Form is filed on behalf of each of the entities listed in Item
2(a) hereof.
Item 9 Notice of Dissolution of Group.
Not Applicable.
Item 10 Certification.
[x] By signing below I certify that, to the best of my
knowledge and
belief, the securities referred to above were acquired
and are held
in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect
of changing or
influencing the control of the issuer of the securities
and were not acquired and are not held in connection
with or as a participant in any transaction
having that purpose or effect. (13d-1(b)).
[_] By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were not acquired and are not held for the purpose of or
with the effect of changing or influencing the
control of the issuer of the securities and were not
acquired and are not held in connection with or as a
participant in any transaction having that purpose or
effect. (13d-1(c)).
Page 9
<PAGE>
SIGNATURE
- ----------
After reasonable inquiry and to the best of my knowledge and
belief, the
undersigned certify that the information set forth in this
statement is true,
complete and correct.
Dated: December 10, 1998
BANKAMERICA CORPORATION
NB HOLDINGS CORPORATION
NATIONSBANK N.A.
*By: /s/ STEPHEN A DOYLE
Stephen A Doyle
Vice President
Corporate Compliance
Page 10
<PAGE>
EXHIBIT A
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JOINT FILING AGREEMENT
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The undersigned hereby agree that they are filing this
statement jointly
pursuant to Rule 13d-1(f)(1). Each of them is responsible for the
timely filing
of such Schedule 13G and any amendments thereto, and for the
completeness and
accuracy of the information concerning such person contained
therein; but none
of them is responsible for the completeness or accuracy of the
information
concerning the other persons making the filing, unless such person
knows or has
reason to believe that such information is inaccurate.
Date: December 10, 1998
BANKAMERICA CORPORATION*
NB HOLDINGS CORPORATION
NATIONSBANK N.A.
*By: /s/ STEPHEN A DOYLE
Stephen A Doyle
Vice President
Corporate Compliance
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