EDISON BROTHERS STORES INC
SC 13D/A, 1999-01-27
APPAREL & ACCESSORY STORES
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                       SECURITIES AND EXCHANGE COMMISSION                
                            Washington, D.C. 20549
                            ______________________
                                 SCHEDULE 13D/A
                                 (Rule 13d-101)

                 INFORMATION TO BE INCLUDED IN STATEMENTS FILED
                PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO
                       FILED PURSUANT TO RULE 13d-2(a)
                              (Amendment No. 1)

                            EDISON BROTHERS STORES, INC.
                               (Name of Issuer)

                     COMMON STOCK, PAR VALUE $.01 PER SHARE
                          (Title of Class of Securities)

                                   280875303
                                (CUSIP Number)

                                JOHN C. WATERFALL
                               10 EAST 50TH STREET
                            NEW YORK, NEW YORK  10022
                                (212) 705-0500

                (Name, Address and Telephone Number of Person
               Authorized to Receive Notices and Communications)

                               January 12, 1999
            (Date of Event Which Requires Filing of This Statement)

      If the filing person has previously filed a statement on Schedule 13G to
report the acquisition which is the subject of this Schedule 13D, and is
filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the 
following box  [ ]. 

      NOTE:  Schedules filed in paper format shall include a signed original 
and five copies of the Schedule, including all exhibits.  See Rule 13d-7 for 
other parties to whom copies are to be sent.

                        (continued on following pages)
                                Page 1 of 30 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).


CUSIP No.  280875303                13D/A                   Page 2 of 30 Pages

___________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            Morgens Waterfall Income Partners, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                        WC, 00
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              New York
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                       - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                                 0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                        - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                                 0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                                 0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
          (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                   Page 3 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                              Restart Partners, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                        WC, 00
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ]
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION
                                 Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER
                                        0
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                                   0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER
                                           - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER
                                                   0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                                   0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ]
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
          (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                   Page 4 of 30 Pages

_____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                              Restart Partners II, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
                                                                    (a)  [x]
                                                                    (b)  [ ]
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                        WC, 00
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ]
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER
                                      - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                                     0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER
                                        - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER
                                                     0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                                     0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
      (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                   Page 5 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            Restart Partners III, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              WC, 00
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                             Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                       - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                                     0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                        - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                                     0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                                     0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                   Page 6 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                              Restart Partners IV, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                        WC, 00
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                       - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                                       0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                         - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                                       0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                                       0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
          (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                   Page 7 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                             Restart Partners V, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              WC, 00
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                     - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                                   0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                      - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                                   0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                                   0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                   Page 8 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS
                           Endowment Restart L.L.C.
                          (F/k/a The Common Fund for Non-Profit Organizations)
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              WC, 00
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________
NUMBER OF      (7)  SOLE VOTING POWER 
                                     - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                                  0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                      - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                                  0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                                  0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                CO
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT


CUSIP No.  280875303                13D/A                   Page 9 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS
                           Endowment Prime L.L.C.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________
NUMBER OF      (7)  SOLE VOTING POWER 
                                     - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                                  0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                      - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                                  0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                                  0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                CO
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT


CUSIP No.  280875303                13D/A                  Page 10 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                           Morgens, Waterfall, Vintiadis & Company, Inc.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              New York
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                         - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                                0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                           - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                                0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                                0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                CO
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 11 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            MW Capital, L.L.C.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                        - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                            0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                         - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                            0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                            0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                CO
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 12 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            Prime Group, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                        - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                           0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                         - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                           0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                           0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 13 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            Prime Group II, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                        - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                           0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                         - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                           0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                           0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 14 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            Prime Group III, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                        - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                           0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                         - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                           0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                           0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 15 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            Prime Group IV, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                        - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                           0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                         - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                           0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                           0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 16 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            Prime Group V, L.P.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                        - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                          0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                         - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                          0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                          0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 17 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            Prime, Inc.
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              Delaware
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                        - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                           0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                         - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                           0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                           0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                CO
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 18 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            MW Overseas Partners
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              WC, OO
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              United States
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                      - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                         0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                      - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                         0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                         0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                PN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No.  280875303                13D/A                  Page 19 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            John C. "Bruce" Waterfall
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              United States
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                        - 0- 
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                           0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                         - 0- 
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                           0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                           0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                IN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 20 of 30 Pages

____________________________________________________________________________
     (1)  NAME OF REPORTING PERSONS 
          S.S. OR I.R.S. IDENTIFICATION NOS. 
          OF ABOVE PERSONS 
                            Edwin H. Morgens
_____________________________________________________________________________
     (2)  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP ** 
                                                                    (a)  [x] 
                                                                    (b)  [ ] 
_____________________________________________________________________________
     (3)  SEC USE ONLY 
_____________________________________________________________________________
     (4)  SOURCE OF FUNDS **
                              AF
____________________________________________________________
     (5)  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS 
          REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)                        [ ] 
_____________________________________________________________________________
     (6)  CITIZENSHIP OR PLACE OF ORGANIZATION 
                              United States
_____________________________________________________________________________

NUMBER OF      (7)  SOLE VOTING POWER 
                                      - 0 -
SHARES         ______________________________________________________________

BENEFICIALLY   (8)  SHARED VOTING POWER
                                         0
OWNED BY       ______________________________________________________________

EACH           (9)  SOLE DISPOSITIVE POWER 
                                      - 0 -
REPORTING      ______________________________________________________________

PERSON WITH    (10) SHARED DISPOSITIVE POWER 
                                         0
_____________________________________________________________________________
      (11)  AGGREGATE AMOUNT BENEFICIALLY OWNED
            BY EACH REPORTING PERSON 
                                         0
_____________________________________________________________________________
      (12)  CHECK BOX IF THE AGGREGATE AMOUNT 
            IN ROW (11) EXCLUDES CERTAIN SHARES **                       [ ] 
_____________________________________________________________________________
      (13)  PERCENT OF CLASS REPRESENTED 
            BY AMOUNT IN ROW (11)           
                                                0%
_____________________________________________________________________________
       (14)  TYPE OF REPORTING PERSON **
                                                IN
_____________________________________________________________________________
                  ** SEE INSTRUCTIONS BEFORE FILLING OUT!


CUSIP No.  280875303                13D/A                  Page 21 of 30 Pages

ITEM 1.  SECURITY AND ISSUER.

       This Amendment No. 1 ("Amendment No. 1"), which amends the statement on 
Schedule 13D (the "Statement") filed with the Securities and Exchange 
Commission (the "SEC") by the persons named in Item 2 below (except for the 
person named in (q) which is now a Reporting Person due to organizational 
changes in the structure of Morgens, Waterfall, Vintiadis & Co., Inc.) on 
November 3, 1997, relates to the shares of common stock, $.01 par value (the 
"Shares"), of Edison Brothers Stores, Inc. (the "Issuer").  The principal 
executive offices of the Issuer are located at 501 N. Broadway, St. Louis, 
Missouri 63102.  This Amendment is being filed to reflect the disposition of 
all of the Shares beneficially owned by the Reporting Persons.

ITEM 2.  IDENTITY AND BACKGROUND.

       Item 2 is hereby amended and restated in its entirety as follows:

       This Statement is filed jointly by (a) Morgens Waterfall Income 
Partners, L.P. ("MWIP"); (b) Restart Partners, L.P. ("Restart"); (c) Restart 
Partners II, L.P. ("Restart II"); (d) Restart Partners III, L.P. ("Restart 
III"); (e) Restart Partners IV, L.P. ("Restart IV"); (f) Restart Partners V, 
L.P. ("Restart V"); (g) Endowment Restart, L.L.C. ("Endowment"); (h) Morgens, 
Waterfall, Vintiadis & Company, Inc. ("Morgens Waterfall"); (i) MW Capital, 
L.L.C. ("MW Capital"); (j) Prime Group, L.P. ("Prime"); (k) Prime Group II, 
L.P. ("Prime II"); (l) Prime Group III, L.P. ("Prime III"); (m) Prime Group 
IV, L.P. ("Prime IV"); (n) Prime Group V, L.P. ("Prime V"); (o) Prime, Inc.; 
(p) MW Overseas Partners ("MW Overseas"); (q) Endowment Prime, L.L.C. 
("Endowment Prime"); (r) John C. "Bruce" Waterfall ("Waterfall"); and (s) 
Edwin H. Morgens ("Morgens", and together with the persons listed in clauses 
(a) through (r) above, the "Reporting Persons").

       MWIP is a New York limited partnership whose principal business is to 
invest in securities of U.S. issuers.  MW Capital, a Delaware limited 
liability company, is the general partner of MWIP.  MWIP and MW Capital have 
their principal addresses at 10 East 50th Street, New York, New York  10022.  
Morgens and Waterfall are the managing members of MW Capital.  All information 
concerning Morgens and Waterfall is set forth below.

       Restart, Restart II, Restart III, Restart IV and Restart V are Delaware 
limited partnerships having their principal addresses at 10 East 50th Street, 
New York, New York 10022.  The principal businesses of Restart, Restart II, 
Restart III, Restart IV and Restart V are to invest in securities of 
financially troubled companies.

       Prime, Prime II, Prime III, Prime IV and Prime V are Delaware limited 
partnerships having their principal addresses at 10 East 50th Street, New 
York, New York 10022, and are the general partners of Restart, Restart II, 
Restart III, Restart IV and Restart V, respectively.  The principal businesses 
of Prime, Prime II, Prime III, Prime IV and Prime V are to act as the general 
partners of Restart, Restart II, Restart III, Restart IV and Restart V, 
respectively.

CUSIP No.  280875303                13D/A                  Page 22 of 30 Pages

       Prime, Inc., the general partner of Prime, Prime II, Prime III, Prime 
IV and Prime V, is a Delaware corporation having its principal address at 10 
East 50th Street, New York, New York 10022.  The principal business of Prime, 
Inc. is to act as general partner of Prime, Prime II, Prime III, Prime IV and 
Prime V.  Waterfall is the President and a Director of Prime, Inc.  Morgens is 
the Chairman of the Board of Directors and the Secretary of Prime, Inc.  All 
information concerning Morgens and Waterfall is set forth below.

       Endowment is a Delaware limited liability company having its principal 
office c/o Morgens, Waterfall, Vintiadis & Company, Inc. located at 10 East 
50th Street, New York, New York 10022.  The principal business of Endowment is 
to invest in securities of various issuers.

       Endowment Prime is a Delaware limited liability company having its 
principal office c/o Morgens, Waterfall, Vintiadis & Company, Inc. located 10 
East 50th Street, New York, New York 10022.  Endowment Prime is the Managing 
Member of Endowment.  The Managing Members of Endowment Prime are Morgens and 
Waterfall.

       MW Overseas is a Delaware general partnership having its principal 
address at 10 East 50th Street, New York, New York 10022.  The principal 
business of MW Overseas is to invest in securities of U.S. and non-U.S. 
issuers.  The general partners of MW Overseas are Restart, Restart II, Restart 
III, Restart IV, Restart V, MWIP and Endowment, the information for which is 
set forth above.

       Morgens Waterfall is a New York corporation having its principal 
address at 10 East 50th Street, New York, New York 10022.  The principal 
business of Morgens Waterfall is the rendering of financial services.  
Waterfall is the President and a Director of Morgens Waterfall.  Morgens is 
the Chairman of the Board of Directors and the Secretary of Morgens Waterfall.  
Morgens and Waterfall, each of whom is a United States citizen, have their 
principal addresses at the office of Morgens Waterfall, 10 East 50th Street, 
New York, New York 10022.  The primary occupations of Morgens and Waterfall 
are to act as the principals in the business of Morgens Waterfall.  

       During the past five years, none of the persons described in this Item 
2 have been convicted in a criminal proceeding (excluding traffic violations 
or similar misdemeanors).  During the last five years, none of such persons 
has been a party to a civil proceeding of a judicial or administrative body of 
competent jurisdiction and as a result of such proceeding was or is subject to 
a judgment, decree or final order enjoining future violations of, or 
prohibiting or mandating activities subject to, federal or state securities 
laws, or finding any violations with respect to such laws.

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

       Item 3 is hereby amended and restated in its entirety as follows:

       Under a plan of reorganization of the Issuer pursuant to Chapter 11 of 
the U.S. Bankruptcy Code (the "Plan"), which became effective on September 26 
1997 (the "Effective Date"), MWIP, Restart, Restart II, Restart III, Restart
CUSIP No.  280875303                13D/A                  Page 23 of 30 Pages

IV, Restart V, Endowment and MW Overseas, as creditors of the Issuer, became 
entitled to receive, inter alia, the Issuer's Shares as of the Effective Date.

       Pursuant to the amended Plan of the Issuer, the Reporting Persons named 
above received 45,550 Shares of the Issuer on December 29, 1998.  Of the 
Shares acquired by each of the Reporting Persons named above under the amended 
Plan, the following is the aggregate amount of Shares which each of them 
received pursuant to the Plan and the price paid for such Shares.

                              Aggregate Number of
Reporting Person                     Shares                 Purchase Price

MWIP                                     593                $  -0-
Restart                                3,628                   -0-
Restart II                             5,138                   -0-
Restart III                            3,578                   -0-
Restart IV                             2,256                   -0-
Restart V                                729                   -0-
Endowment                              1,034                   -0-
MW Overseas                           28,594                   -0-

Total                                 45,550                $  -0-

      The absence of a purchase price indicated above reflects the fact that 
the Reporting Persons received the Shares as part of a distribution of a 
package of notes, common stock, cash and other assets made to holders of 
unsecured claims under the amended Plan and not pursuant to a purchase of the 
securities.

       . . .

ITEM 5.  INTEREST IN THE SECURITIES OF THE ISSUER.

       Item 5 is hereby amended and restated in its entirety as follows:

       (a) and (b)  The following is the aggregate amount of Shares that are 
beneficially owned by each Reporting Person:

                          Aggregate Number
                             of Shares                Percentage
Name                       Directly Owned               of Class

MWIP                            -0-                        -0-
Restart                         -0-                        -0-
Restart II                      -0-                        -0-
Restart III                     -0-                        -0-
Restart IV                      -0-                        -0-
Restart V                       -0-                        -0-
Endowment                       -0-                        -0-

             Total              -0-                        -0-

CUSIP No.  280875303                13D/A                  Page 24 of 30 Pages

       (c)

                         # of Shares         # of Shares        # of Shares    
Reporting Person        Sold 12/7/98        Sold 12/8/98       Sold 12/14/98 
________________      _________________    _______________    ________________

  MWIP                          784                385                  96 
  Restart                     2,692              1,320                 330 
  Restart II                  4,419              2,169                 542
  Restart III                 4,641              2,278                 570
  Restart IV                  2,909              1,428                 357
  Restart V                     855                420                 105
  Endowment                     -0-                -0-                 -0- 


                        # of Shares         # of Shares        # of Shares    
Reporting Person        Sold 12/31/98       Sold 1/6/98        Sold 1/7/98 
________________      _________________    _______________    ________________

  MWIP                        2,398                480                 480 
  Restart                     8,320              1,664               1,664 
  Restart II                 13,568              2,713               2,713
  Restart III                14,198              2,840               2,840
  Restart IV                  8,900              1,780               1,780
  Restart V                   2,616                523                 523
  Endowment                     -0-                -0-                 -0- 


                         # of Shares      
Reporting Person        Sold 1/12/98      
________________      ________________    

  MWIP                       35,296       
  Restart                   122,462       
  Restart II                199,708       
  Restart III               208,986       
  Restart IV                130,995       
  Restart V                  38,512       
  Endowment                 189,819       



       The sale transactions dated December 7, 1998 were effected at 
$1.916/share in a public transaction.  The sale transactions dated December 8, 
1998 were effected at $1.8125/share in a public transaction.  The sale 
transactions dated December 14, 1998 were effected at $1.700/share in a public 
transaction.  The sale transactions dated December 31, 1998 were effected at 
$1.250/share in a public transaction.  The sale transactions dated January 6, 
1999 were effected at $1.250/share in a public transaction.  The sale 
transactions dated January 7, 1999 were effected at $1.250/share in a public 
transaction.  The sale transactions dated January 12, 1999 were effected at

CUSIP No.  280875303                13D/A                  Page 25 of 30 Pages

$0.750/share in a public transaction.  There have been no other transactions 
by the Reporting Persons with respect to the Shares during the past 60 days.

       (d)  Except as set forth in this Item and Item 2 above, no other person 
is known to have the right to receive or the power to direct the receipt of 
dividends from, or the proceeds from the sale of, the Shares.

        (e)  As of January 12, 1999, the Reporting Persons ceased to be the 
beneficial owners of more than 5 percent of the Shares.

        . . .

ITEM 7.  MATERIAL TO BE FILED AS EXHIBITS.

EXHIBIT 1  Joint Acquisition Statement among the Reporting Persons dated 
January 27, 1999, filed pursuant to Rule 13d-1(f)(1) under the Securities 
Exchange Act of 1934, as amended.

EXHIBIT 2  Power of Attorney, dated January 27, 1999, granted to Morgens and 
Waterfall by MWIP; MW Capital; Prime, Inc.; Prime; Prime II; Prime III; Prime 
IV; Prime V; Restart; Restart II; Restart III; Restart IV; Restart V; Morgens 
Waterfall; Endowment; Endowment Prime and MW Overseas for the specific purpose 
of executing on their behalf any Schedule 13Ds and amendments thereto for 
filing with the Commission pursuant to the requirements of Rule 13d-1(f).





CUSIP No.  280875303                13D/A                  Page 26 of 30 Pages


SIGNATURES

       After reasonable inquiry and to the best knowledge and belief of each 
of the Reporting Persons, each such person or entity certifies that the 
information set forth in this statement is true, complete and correct and 
agrees that this statement is filed on behalf of each of them.

                                    The Reporting Persons listed herein


                                         /s/ John C. Bruce Waterfall
Dated:  January 27, 1999            By: ___________________________________
                                        John C. "Bruce" Waterfall, on his 
                                        own behalf and as attorney-in-fact 
                                        for each of the other Reporting
                                        Persons


                                         /s/ Edwin H. Morgens
                                    By: ___________________________________
                                        Edwin H. Morgens, on his own
                                        behalf and as attorney-in-fact 
                                        for each of the other Reporting
                                        Persons



CUSIP No.  280875303                13D/A                  Page 27 of 30 Pages

                              EXHIBIT 1

                       JOINT ACQUISITION STATEMENT
                       PURSUANT TO RULE 13d-1(f)(1)

The undersigned acknowledge and agree that this statement on Schedule 13D is 
filed on behalf of each of the undersigned and that any subsequent amendments 
to the statement on Schedule 13D shall be filed on behalf of each of the 
undersigned without the necessity of filing additional joint acquisition 
statements.  The undersigned acknowledge that each shall be responsible for 
the timely filing of such amendments, and for the completeness and accuracy of 
the information concerning it contained therein, but shall not be responsible 
for the completeness and accuracy of the information concerning the others, 
except to the extent that it knows or has reason to believe that such 
information is inaccurate.


                                 The Reporting Persons listed herein


Dated:  January 27, 1999        By:  /s/ Bruce Waterfall
                                     ___________________________________
                                     John C. "Bruce" Waterfall, on his
                                     own and as attorney-in-fact for 
                                     each of the other Reporting Persons


                                By:  /s/ Edwin H. Morgens
                                     ___________________________________
                                     Edwin H. Morgens, on his own
                                     behalf and as attorney-in-fact 
                                     for each of the other Reporting
                                     Persons




















CUSIP No.  280875303                13D/A                  Page 28 of 30 Pages

                              EXHIBIT 2

                            POWER OF ATTORNEY

      The undersigned hereby appoint John C. "Bruce" Waterfall and Edwin H. 
Morgens each with full power of substitution, as their attorneys-in-fact for 
the specific purpose of executing on their behalf any Schedule 13Ds and 
amendments thereto for filing with the Securities and Exchange Commission 
pursuant to the requirements of Rule 13d-1(f) under the Securities Exchange 
Act of 1934, as amended.  The undersigned hereby ratify the execution on their 
behalf, prior to the date hereof, by John C. "Bruce" Waterfall or Edwin H. 
Morgens of any Schedule 13Ds or amendments thereto for the aforesaid purpose.

      IN WITNESS WHEREOF, the undersigned have caused this Power of Attorney 
to be duly executed as of January 27, 1999.


MORGENS WATERFALL INCOME PARTNERS, L.P.

By: MW Capital, L.L.C.
    As General Partner of MW Capital, L.L.C.

     /s/ Bruce Waterfall
By: _________________________
    John C. "Bruce" Waterfall
    Managing Member


MW CAPITAL, L.L.C.

     /s/ Bruce Waterfall
By: _________________________
    John C. "Bruce" Waterfall
    Managing Member


ENDOWMENT RESTART, L.L.C.

By: ENDOWMENT PRIME, L.L.C.
    As Managing Member of Endowment Restart, L.L.C.

     /s/ Bruce Waterfall
By: _________________________
    John C. "Bruce" Waterfall
    Managing Member







CUSIP No.  280875303                13D/A                  Page 29 of 30 Pages

MORGENS, WATERFALL, VINTIADIS & COMPANY, INC.

     /s/ Bruce Waterfall
By: _________________________
    John C. "Bruce" Waterfall
    President


RESTART PARTNERS, L.P.
RESTART PARTNERS II, L.P.
RESTART PARTNERS III, L.P.
RESTART PARTNERS IV, L.P.
RESTART PARTNERS V, L.P.

By: PRIME GROUP, L.P.
    PRIME GROUP II, L.P.
    PRIME GROUP III, L.P.
    PRIME GROUP IV, L.P.
    PRIME GROUP V, L.P.
    As General Partners of Restart Partners, L.P., 
    Restart Partners II, L.P., Restart Partners III, L.P., 
    Restart Partners IV, L.P. and Restart Partners V, L.P., respectively

By: PRIME, INC.
    As General Partner of Prime Group, L.P., Prime Group II, L.P., 
    Prime Group, III, L.P., Prime Group IV, L.P. and Prime Group V, L.P.

     /s/ Bruce Waterfall
By: _________________________
    John C. "Bruce" Waterfall
    President


MW OVERSEAS PARTNERS
By: MORGENS WATERFALL INCOME PARTNERS, L.P.
    As General Partner of MW Overseas Partners

By: MW CAPITAL, L.L.C.
    As General Partner of Morgens Waterfall Income Partners, L.P.

     /s/ Bruce Waterfall
By: _________________________
    John C. "Bruce" Waterfall
    Managing Member








CUSIP No.  280875303                13D/A                  Page 30 of 30 Pages



JOHN C. "BRUCE" WATERFALL

     /s/ Bruce Waterfall
By: _________________________


EDWIN H. MORGENS

     /s/ Edwin H. Morgens
By: _________________________










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