TRIARC COMPANIES INC
SC 13G/A, 1999-05-13
BEVERAGES
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                       SECURITIES & EXCHANGE COMMISSION
                           Washington, D.C. 20549
                           ______________________

                                 SCHEDULE 13G/A*
                                (Rule 13d-102)

            INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT 
           TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED 
                              PURSUANT TO 13d-2(b)

                    :                 Triarc Companies Inc
                               (Name of Issuer)

                                 Common Stock
                        (Title of Class of Securities)

                                  895927101
                                (CUSIP Number)

                               December 31, 1998
            (Date of event which requires filing of this statement)


     Check the appropriate box to designate the rule pursuant to which 
this Schedule 13G is filed:
     [ ]  Rule 13d-1(b)
     [X]  Rule 13d-1(c)
     [ ]  Rule 13d-1(d)





                           (Page 1 of 17 Pages)
________________
     *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 purposes 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>


CUSIP No. 895927101                 13G/A               Page 2 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                 EGS Associates, L.P.
________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                               (a)  [ ] 
                                                               (b)  [X] 
________________________________________________________________________
     (3)    SEC USE ONLY 
________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            Delaware
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         _________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 564,498
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 564,498
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 564,498
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                2.4%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 PN
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A               Page 3 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                              EGS Partners, L.L.C.
________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                               (a)  [ ] 
                                                               (b)  [X] 
________________________________________________________________________
     (3)    SEC USE ONLY 
________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            Delaware
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         _________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 2,139,617
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 2,147,045
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 2,147,045
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                9.2%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IA
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A               Page 4 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                  Bev Partners, L.P.
________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                               (a)  [ ] 
                                                               (b)  [X] 
________________________________________________________________________
     (3)    SEC USE ONLY 
________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            Delaware
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         _________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 206,994
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 206,994
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 206,994
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                .1%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 PN
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A               Page 5 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                     Jonas Partners, L.P.
________________________________________________________________________
     (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
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         _________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 27,920
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 27,920
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 27,920
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                0.1%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 PN
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A               Page 6 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                 William Ehrman
________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                               (a)  [ ] 
                                                               (b)  [X] 
________________________________________________________________________
     (3)    SEC USE ONLY 
________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            United States
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                56,650	
SHARES         _________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 2,139,617
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                56,650
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 2,147,045
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 2,243,345
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                9.7%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IN
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A               Page 7 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                 Frederic Greenberg
________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                               (a)  [ ] 
                                                               (b)  [X] 
________________________________________________________________________
     (3)    SEC USE ONLY 
________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            United States
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                2000
SHARES         _________________________________________________________
BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 2,139,617
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                2000
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 2,147,045
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 2,152,045
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                9.3%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IN
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A               Page 8 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                 Frederick Ketcher
________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                               (a)  [ ] 
                                                               (b)  [X] 
________________________________________________________________________
     (3)    SEC USE ONLY 
________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            United States
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                8,400
SHARES         _________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 2,139,617
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                8,400
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 2,147,045
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 2,155,445
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                9.3%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IN
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A               Page 9 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                 Jonas Gerstl
________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                               (a)  [ ] 
                                                               (b)  [X] 
________________________________________________________________________
     (3)    SEC USE ONLY 
________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            United States
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                1500
SHARES         _________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 2,141,117
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                1500
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 2,148,545
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 2,150,045
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                9.3%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IN
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A              Page 10 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                 James McLaren
________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                               (a)  [ ] 
                                                               (b)  [X] 
________________________________________________________________________
     (3)    SEC USE ONLY 
________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            United States
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         _________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 2,139,617
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 2,147,045
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 2,147,045
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                9.2%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IN
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A              Page 11 of 18 
Pages

________________________________________________________________________
     (1)    NAMES OF REPORTING PERSONS 
            I.R.S. IDENTIFICATION NO. 
            OF ABOVE PERSONS (ENTITIES ONLY)
                                 William D. Lautman
________________________________________________________________________
     (2)    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                               (a)  [ ] 
                                                               (b)  [X] 
________________________________________________________________________
     (3)    SEC USE ONLY 
________________________________________________________________________
     (4)    CITIZENSHIP OR PLACE OF ORGANIZATION
                            United States
________________________________________________________________________
NUMBER OF      (5)  SOLE VOTING POWER 
                                                -0-
SHARES         _________________________________________________________

BENEFICIALLY   (6)  SHARED VOTING POWER
                                                 2,139,617
OWNED BY       _________________________________________________________

EACH           (7)  SOLE DISPOSITIVE POWER 
                                                -0-
REPORTING      _________________________________________________________

PERSON WITH    (8)  SHARED DISPOSITIVE POWER 
                                                 2,147,045
________________________________________________________________________
     (9)     AGGREGATE AMOUNT BENEFICIALLY OWNED
             BY EACH REPORTING PERSON 
                                                 2,147,045
________________________________________________________________________
     (10)    CHECK BOX IF THE AGGREGATE AMOUNT 
             IN ROW (9) EXCLUDES CERTAIN SHARES **                  [ ] 
________________________________________________________________________
     (11)    PERCENT OF CLASS REPRESENTED 
             BY AMOUNT IN ROW (9)           
                                                9.2%
________________________________________________________________________
     (12)    TYPE OF REPORTING PERSON **
                                                 IN
________________________________________________________________________
                    ** SEE INSTRUCTIONS BEFORE FILLING OUT!

                                <PAGE>


CUSIP No. 895927101                 13G/A              Page 12 of 18 
Pages

Item 1(a).     Name of Issuer:

     The name of the issuer is Triarc Companies, Inc. (the "Company").  

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

     The Company's principal executive offices are located at:
                 280 Park Avenue, New York, NY  10017


Item 2(a).     Name of Person Filing:

     This statement is filed by:
          (i) EGS Associates, L.P., a Delaware limited partnership ("EGS 
Associates"), with respect to Shares beneficially owned by it; 
          (ii) EGS Partners, L.L.C., a Delaware limited liability 
company ("EGS Partners"), with respect to shares of Common Stock 
beneficially owned by EGS Overseas Fund Limited, a British Virgin 
Islands corporation ("EGS Overseas"), as well as shares of Common Stock 
held in other discretionary accounts managed by EGS Partners; 
          (iii) Bev Partners, L.P., a Delaware limited partnership ("Bev 
Partners"), with respect to Shares beneficially owned by it; 
          (iv)  Jonas Partners, L.P., a New York limited partnership 
("Jonas Partners"), with respect to Shares beneficially owned by it; 
          (v) William Ehrman, with respect to Shares beneficially owned 
by EGS Associates, EGS Partners, Bev Partners, and Jonas Partners and 
Beverly Ehrman; 
          (vi) Frederic Greenberg, with respect to Shares beneficially 
owned by EGS Associates, EGS Partners, Bev Partners, and Jonas Partners, 
Linda Greenberg and himself; 
          (vii) Frederick Ketcher, with respect to Shares beneficially 
owned by EGS Associates, EGS Partners, Bev Partners, Jonas Partners and 
himself; 
          (viii) Jonas Gerstl, with respect to Shares beneficially owned 
by EGS Associates, EGS Partners, Bev Partners, and Jonas Partners, Linda 
Gerstl and himself; 
          (ix)  James McLaren, with respect to Shares beneficially owned 
by EGS Associates, EGS Partners, Bev Partners, and Jonas Partners; and 
          (x) William Lautman, with respect to Shares beneficially owned 
by EGS Associates, EGS Partners, Bev Partners, and Jonas Partners.  

     The foregoing persons hereinafter sometimes are referred to 
collectively as the "Reporting Persons". Any disclosures herein with 
respect to persons other than the Reporting Persons are made on 
information and belief after making inquiry to the appropriate party. 

     The members of EGS Partners and the general partners of EGS 
Associates, Bev Partners, and Jonas Partners are William Ehrman, 
Frederic Greenberg, Frederick Ketcher, Jonas Gerstl, James McLaren and 
William Lautman (collectively, the "General Partners").

                                <PAGE>


CUSIP No. 895927101                 13G/A              Page 13 of 18 
Pages

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

     The address of the principal business and principal office of (i) 
EGS Associates, EGS Partners, BEV Partners, Jonas Partners and each of 
the General Partners is 350 Park Avenue, 11th Floor, New York, New York 
10022 and (ii) EGS Overseas is c/o CITCO Fund Services (Curacao) N.V., 
Kaya Flamboyan 9, Curacao, Netherlands Antilles.

Item 2(c).     Citizenship:

     Each of the individuals referred to in paragraph (a) above is a 
United States citizen.  EGS Associates and BEV Partners are Delaware 
limited partnerships.  Jonas Partners is a New York limited partnership.  
EGS Partners is a Delaware limited liability company.  EGS Overseas is a 
British Virgin Islands corporation.

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

     Common Stock

Item 2(e).  CUSIP Number:

     895927101


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,

          (b) [ ]   Bank as defined in Section 3(a)(6) of the Act,

          (c) [ ]   Insurance Company as defined in Section 3(a)(19) of
                    the Act,

          (d) [ ]   Investment Company registered under Section 8 of the
                    Investment Company Act of 1940,

          (e) [ ]   Investment Adviser in accordance with Rule 
                    13d-1 (b)(1)(ii)(E),

          (f) [ ]   Employee Benefit Plan or Endowment Fund in 
                    accordance with 13d-1 (b)(1)(ii)(F),

          (g) [ ]   Parent Holding Company or control person in 
                    accordance with Rule 13d-1 (b)(1)(ii)(G),


                                <PAGE>


CUSIP No. 895927101                 13G/A              Page 14 of 18 
Pages

          (h) [ ]   Savings Association as defined in Section 3(b) of 
                    the Federal Deposit Insurance Act,

          (i) [ ]   Church Plan that is excluded from the definition of 
                    an investment company under Section 3(c)(14) of the 
                    Investment Company Act of 1940,

          (j) [ ]   Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

     If this statement is filed pursuant to 13d-1(c), check this 
     box:  [x]


Item 4.   Ownership.

As of the close of business on December 31, 1998:
A. EGS Associates, L.P.
              (a) Amount beneficially owned: 564,498
              (b) Percent of class: 2.4%  The percentages used herein and 
in the rest of Item 4 are calculated based upon the 23,242,255 Shares 
issued and outstanding as of October 30, 1998 as reported by the company 
in its 10Q for the period ending September 30, 1998.
            (c)(i) Sole power to vote or direct the vote: -0-
              (ii) Shared power to vote or direct the vote: 564,498
             (iii) Sole power to dispose or direct the disposition: -0-
              (iv) Shared power to dispose or direct the 
                   disposition: 564,498

B. EGS Partners, L.L.C.
            (a) Amount beneficially owned: 2,147,045
            (b) Percent of class: 9.2%  
            (c)(i) Sole power to vote or direct the vote: -0-
              (ii) Shared power to vote or direct the vote: 2,139,617
             (iii) Sole power to dispose or direct the disposition: -0-
              (iv) Shared power to dispose or direct the 
                   disposition: 2,147,045

C. BEV Partners, L.P.
            (a) Amount beneficially owned: 206,994
            (b) Percent of class: .1%  
            (c)(i) Sole power to vote or direct the vote: -0-
              (ii) Shared power to vote or direct the vote: 206,994
             (iii) Sole power to dispose or direct the disposition: -0-
              (iv) Shared power to dispose or direct the 
                   disposition: 206,994

                                <PAGE>


CUSIP No. 895927101                 13G/A              Page 15 of 18 
Pages

D. Jonas Partners, L.P.
            (a) Amount beneficially owned: 27,920
            (b) Percent of class: 0.1%  
            (c)(i) Sole power to vote or direct the vote: -0-
              (ii) Shared power to vote or direct the vote: 27,920
              (iii) Sole power to dispose or direct the disposition: -0-
              (iv) Shared power to dispose or direct the 
                   disposition: 27,920

E. William Ehrman
            (a) Amount beneficially owned: 2,243,345
            (b) Percent of class: 9.7%  
            (c)(i) Sole power to vote or direct the vote: 56,650-
              (ii) Shared power to vote or direct the vote: 2,139,617
              (iii) Sole power to dispose or direct the 
                    disposition: 56,650
              (iv) Shared power to dispose or direct the 
                   disposition: 2,147,045

F. Frederic Greenberg
            (a) Amount beneficially owned: 2,152,045
            (b) Percent of class: 9.3%  
            (c)(i) Sole power to vote or direct the vote: 2000
              (ii) Shared power to vote or direct the vote: 2,139,617
             (iii) Sole power to dispose or direct the disposition: 2000
            (iv) Shared power to dispose or direct the 
                 disposition: 2,147,045

G. Frederick Ketcher
            (a) Amount beneficially owned: 2,155,445
            (b) Percent of class: 9.3%  
            (c)(i) Sole power to vote or direct the vote: 8400
              (ii) Shared power to vote or direct the vote: 2,139,617
             (iii) Sole power to dispose or direct the disposition: 8400
            (iv) Shared power to dispose or direct the 
                 disposition: 2,147,045

H. Jonas Gerstl
            (a) Amount beneficially owned: 2,150,045
            (b) Percent of class: 9.3%  
            (c)(i) Sole power to vote or direct the vote: 1500
              (ii) Shared power to vote or direct the vote: 2,141,117
             (iii) Sole power to dispose or direct the disposition: 1500
            (iv) Shared power to dispose or direct the 
                 disposition: 2,148,545

                                <PAGE>


CUSIP No. 895927101                 13G/A              Page 16 of 18 
Pages


I. James McLaren
            (a) Amount beneficially owned: 2,147,045
            (b) Percent of class: 9.2%  
            (c)(i) Sole power to vote or direct the vote: -0-
              (ii) Shared power to vote or direct the vote: 2,139,617
             (iii) Sole power to dispose or direct the disposition: -0-
            (iv) Shared power to dispose or direct the 
                 disposition: 2,147,045

J. William Lautman
            (a) Amount beneficially owned: 2,147,045
            (b) Percent of class: 9.2%  
            (c)(i) Sole power to vote or direct the vote: -0-
              (ii) Shared power to vote or direct the vote: 2,139,617
             (iii) Sole power to dispose or direct the disposition: -0-
            (iv) Shared power to dispose or direct the 
                 disposition: 2,147,045


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 
Person.

     Each of EGS Associates, EGS Partners (with respect to shares held 
by EGS Overseas and other discretionary accounts), Bev Partners, and 
Jonas Partners has the power to vote and to dispose of the Shares 
beneficially owned by it, which power may be exercised by the General 
Partners.  Over one such discretionary account, however, EGS Partners 
does not have voting authority.  Each of EGS Overseas and the 
discretionary accounts is a party to an investment management agreement 
with EGS Partners pursuant to which EGS Partners has investment 
authority with respect to securities held in such account.

     No person other than each respective record owner of ADRs referred 
to herein is known to have the right to receive or the power to direct 
the receipt of dividends from or the proceeds of sale of such ADRs.


Item 7.     Identification and Classification of the Subsidiary Which 
Acquired the Security Being Reported on by the Parent Holding Company.

     Not applicable.



                                <PAGE>


CUSIP No. 895927101                 13G/A              Page 17 of 18 
Pages

Item 8.  Identification and Classification of Members of the Group.

     Not applicable.


Item 9.  Notice of Dissolution of Group.

     Not applicable.


Item 10.  Certification.

     Each of the Reporting Persons hereby makes the following 
certification:

          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.






























                                <PAGE>


CUSIP No. 895927101                 13G/A              Page 18 of 18 
Pages

SIGNATURES

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

DATED:  February 15, 1999    


                            /s/ William Ehrman
                            --------------------------------
                            William Ehrman, individually and as general 
                            partner of each of EGS ASSOCIATES, L.P., BEV 
                            PARTNERS, L.P., JONAS PARTNERS, L.P., and as 
                            member EGS PARTNERS, L.L.C.

                            /s/ Frederic Greenberg
                            --------------------------------
                            Frederic Greenberg, individually and as 
                            general partner of each of EGS ASSOCIATES, 
                            L.P., BEV PARTNERS, L.P., JONAS PARTNERS, 
                            L.P., and as member EGS PARTNERS, L.L.C.

                            /s/ Frederick Ketcher
                            --------------------------------
                            Frederick Ketcher, individually and as 
                            general partner of each of EGS ASSOCIATES, 
                            L.P., BEV PARTNERS, L.P., JONAS PARTNERS, 
                            L.P., and as member EGS PARTNERS, L.L.C.

                            /s/ Jonas Gerstl
                            --------------------------------
                            Jonas Gerstl, individually and as general 
                            partner of each of EGS ASSOCIATES, L.P., BEV 
                            PARTNERS, L.P., JONAS PARTNERS, L.P., and as 
                            member EGS PARTNERS, L.L.C.

                            /s/ James McLaren
                            --------------------------------
                            James McLaren, individually and as general 
                            partner of each of EGS ASSOCIATES, L.P., BEV 
                            PARTNERS, L.P., JONAS PARTNERS, L.P., and as 
                            member EGS PARTNERS, L.L.C.

                            /s/ William Lautman
                            --------------------------------
                            William Lautman, individually and as general 
                            partner of each of EGS ASSOCIATES, L.P., BEV 
                            PARTNERS, L.P., JONAS PARTNERS, L.P., and as 
                            member EGS PARTNERS, L.L.C.

                                <PAGE>






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