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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
COMARCO Inc.
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(Name of Issuer)
Common Stock, $.10 par value
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(Title of Class of Securities)
200080109
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(CUSIP Number)
*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 1 of 5 Pages
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CUSIP NO. 200080109 13G PAGE 2 OF 5 PAGES
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Acorn Investment Trust, Series Designated Acorn Fund
36-2962100
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Massachusetts
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
355,000
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
355,000
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
355,000
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
10
[_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.53%
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TYPE OF REPORTING PERSON*
12
IV
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Item 1(a) Name of Issuer: COMARCO Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
22800 Savi Ranch Parkway, Suite 214
Yorba Linda, CA 92808-1299
Item 2(a) Name of Person Filing:
Acorn Investment Trust, Series Designated Acorn Fund
Item 2(b) Address of Principal Business Office:
227 West Monroe Street, Suite 3000
Chicago, Illinois 60606
Item 2(c) Citizenship: The filing person is a Massachusetts business trust.
Item 2(d) Title of Class of Securities: Common Stock, $.10 par value
Item 2(e) CUSIP Number: 200080109
Item 3 Type of Person:
(d) Investment company register under section 8 of the Investment
Company Act.
Item 4 Ownership (at December 31, 1997):
(a) Amount owned "beneficially" within the meaning of rule
13d-3: 355,000 shares
(b) Percent of class: 7.53% (based on 4,716,217 shares
outstanding at 11/30/97)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: None
(ii) shared power to vote or to direct the vote: 355,000
(iii) sole power to dispose or to direct the disposition
of: None
(iv) shared power to dispose or to direct the disposition
of: 355,000
Power over voting and disposition of the securities is shared with
Wanger Asset Management, L.P. which is the investment advisor of
Acorn Investment Trust, Series Designated Acorn Fund.
Page 3 of 5 pages
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Page 4 of 5 Pages
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 [_].
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
Not Applicable
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company:
Not Applicable
Item 8 Identification and Classification of Members of the Group:
Not Applicable
Item 9 Notice of Dissolution of Group:
Not Applicable
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.
Page 4 of 5 pages
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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.
Date: February 5, 1998
ACORN INVESTMENT INVEST,
SERIES DESIGNATED ACORN FUND
By: /s/ Bruce H. Lauer
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Bruce H. Lauer
Vice President and Treasurer
Page 5 of 5 pages