MICROS SYSTEMS INC
SC 13G/A, 1998-01-09
CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS)
Previous: NIKE INC, 8-K, 1998-01-09
Next: DELAWARE GROUP TAX FREE MONEY FUND INC /, N-30D, 1998-01-09



<PAGE>

                          SECURITIES AND EXCHANGE COMMISSION

                               Washington, D.C.  20549



                                     SCHEDULE 13G



                      Under the Securities Exchange Act of 1934
                                  (Amendment No. 2)*


                                  Micros Systems, Inc.
                               ------------------------
                                   (Name of Issuer)


                                    Common Stock
                          ---------------------------------
                            (Title of Class of Securities)


                                       594501100
                           -------------------------------
                                    (CUSIP Number)




* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                           (Continued on following page(s))


                                  Page 1 of 8 Pages
<PAGE>

CUSIP No. 594501100
         -----------

- --------------------------------------------------------------
1)   Name of Reporting Person      SAFECO Common Stock Trust
     S.S. or I.R.S. Identifica-
     tion No. of Above Person

- ---------------------------------------------------------------
2)   Check the Appropriate Box     (a)
     if a Member of a Group        ---------------------------
     (See Instructions)            (b)

- ---------------------------------------------------------------
3)   SEC Use Only

- ---------------------------------------------------------------
4)   Citizenship or Place of       State of Delaware
     Organization

- ---------------------------------------------------------------
Number of       (5) Sole Voting
Shares Bene-        Power          0
ficially
Owned by       ---------------------------------------------------
Reporting       (6) Shared Voting  946,514
Person With         Power

          ---------------------------------------------------
                (7) Sole Disposi-
                    tive Power     0

                    ---------------------------------------------------
                (8) Shared         946,514
                    Dispositive
                    Power

- --------------------------------------------------------------
9)   Aggregate Amount Bene-        946,514
     ficially Owned by
     Reporting Person

- ---------------------------------------------------------------
10)  Check if the Aggregate
     Amount in Row (9) Excludes
     Certain Shares (See Instructions)

- ---------------------------------------------------------------
11)  Percent of Class
     Represented by Amount         11.887%
     in Row 9

- ---------------------------------------------------------------
12)  Type of Reporting Person      IV
     (See Instructions)


                                  Page 2 of 8 Pages
<PAGE>

CUSIP No. 594501100
         -----------

- ---------------------------------------------------------------
 1)  Name of Reporting Person      SAFECO Asset Management
     S.S. or I.R.S. Identifica-    Company
     tion No. of Above Person

- ---------------------------------------------------------------
2)   Check the Appropriate Box     (a)
     if a Member of a Group        ----------------------------
     (See Instructions)            (b)

- ---------------------------------------------------------------
3)   SEC Use Only

- ---------------------------------------------------------------
4)   Citizenship or Place of       State of Washington
     Organization

- ---------------------------------------------------------------
Number of       (5) Sole Voting
Shares Bene-        Power          0
ficially
Owned by        -----------------------------------------------
Reporting       (6) Shared Voting
Person With         Power          1,174,914

                -----------------------------------------------
                (7) Sole Disposi-
                    tive Power     0

                -----------------------------------------------
                (8) Shared
                    Dispositive
                    Power          1,174,914

- ---------------------------------------------------------------
9)   Aggregate Amount Bene-        1,174,914(1)
     ficially Owned by
     Reporting Person

- ---------------------------------------------------------------
10)  Check if the Aggregate
     Amount in Row (9) Excludes
     Certain Shares (See Instructions)

- ---------------------------------------------------------------
11)  Percent of Class Represented
     by Amount in Row 9            14.756%

- ---------------------------------------------------------------
12)  Type of Reporting Person      IA
     (See Instructions)

- -----------------------------
     (1)  The Reporting Person disclaims any beneficial ownership of the shares
          reported on this joint 13G.  The reported shares are owned
          beneficially by registered investment companies for which the
          Reporting Person serves as an adviser, and include the shares reported
          in this joint 13G by SAFECO Common Stock Trust.


                                  Page 3 of 8 Pages
<PAGE>

CUSIP No. 594501100
         -----------


- ---------------------------------------------------------------
 1)  Name of Reporting Person      SAFECO Corporation
     S.S. or I.R.S. Identifica-
     tion No. of Above Person

- ---------------------------------------------------------------
2)   Check the Appropriate Box     (a)
     if a Member of a Group        ----------------------------
     (See Instructions)            (b)

- ---------------------------------------------------------------
3)   SEC Use Only

- ---------------------------------------------------------------
4)   Citizenship or Place of       State of Washington
     Organization

- ---------------------------------------------------------------
Number of       (5) Sole Voting
Shares Bene-        Power          0
ficially
Owned by        -----------------------------------------------
Reporting       (6) Shared Voting
Person With         Power          1,444,614

                -----------------------------------------------
                (7) Sole Disposi-
                    tive Power     0

                -----------------------------------------------
                (8) Shared
                    Dispositive
                    Power          1,444,614

- ---------------------------------------------------------------
9)   Aggregate Amount Bene-        1,444,614(2)
     ficially Owned by
     Reporting Person

- ---------------------------------------------------------------
10)  Check if the Aggregate
     Amount in Row (9) Excludes

     Certain Shares (See Instructions)

- ---------------------------------------------------------------
- ------------------------
     (2)  The Reporting Person disclaims any beneficial ownership of the shares
          reported on this joint 13G.  The reported shares are owned
          beneficially by registered investment companies for which a subsidiary
          of the Reporting Person serves as adviser and by employee benefit
          plans for which the Reporting Person is a plan sponsor.


                                  Page 4 of 8 Pages
<PAGE>

CUSIP No. 594501100
         -----------

11)  Percent of Class Represented
     by Amount in Row 9            18.142%

- ---------------------------------------------------------------
12)  Type of Reporting Person      HC
     (See Instructions)

- ---------------------------------------------------------------

Item 1(a).     Name of Issuer:  See front cover

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

               12000 Baltimore Avenue, Beltsville, MD  20705

Item 2(a).     Name of Person(s) Filing:  See Item 1 on cover page (pp 2-4).

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

SAFECO Common Stock Trust and SAFECO Corporation:  SAFECO Plaza, Seattle, WA
98185

SAFECO Asset Management Company:  601 Union Street, Suite 2500, Seattle, WA
98101

Item 2(c).     Citizenship:   See Item 4 on cover page (pp 2-4).

Item 2(d).     Title of Class of Securities:   See front cover page.

Item 2(e).     CUSIP Number:   See front cover page.

Item 3.If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b),
               check whether the persons filing are:

       (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)     (X)  Investment Company registered under Section 8 of the
                    Investment Company Act.
       (e)     (X)  Investment Advisor registered under Section 203 of the
                    Investment Advisers Act of 1940.
       (f)     ( )  Employee Benefit Plan, Pension Fund which is subject to
                    provisions of Employee Retirement Income Security Act of
                    1974 or Endowment Fund; see Rule 13d-1(b)(1)(ii)(F).
       (g)     (X)  Parent Holding Company in accordance with Rule
                    13d-1(b)(ii)(G).
       (h)     ( )  Group, in accordance with Rule 13d-1(b)(1)(ii)(H).


                                  Page 5 of 8 Pages
<PAGE>

CUSIP No. 594501100
         -----------

Item 4.Ownership:

          Items (a) through (c): See items 1 and 5-11 of the cover pages
          (pp 2-5).

          SAFECO Asset Management Company and SAFECO Corporation expressly
          declare that the filing of this statement on Schedule 13G shall not be
          construed as an admission that they are, for the purposes of Section
          13(d) or 13(g) of the Securities and Exchange Act of 1934, the
          beneficial owners of any securities covered by this statement.  Each
          of such companies is filing this statement because it is considered an
          indirect beneficial owner of such securities based on its ownership or
          control of one or more investment companies which directly own such
          shares.

Item 5.Ownership of 5% or Less of a Class:  Not applicable.

Item 6.Ownership of More than 5% on Behalf of Another Person: Not applicable.

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

          SAFECO Asset Management Company is the subsidiary on which SAFECO
          Corporation is reporting as the parent holding company.  SAFECO Asset
          Management Company is an investment adviser as specified in Item 12 on
          the cover page (p. 3), and reported shares are owned beneficially by
          registered investment companies for which SAFECO Asset Management
          Company serves as investment adviser.

Item 8.Identification and Classification of Members of the Group.  Not
     applicable.

Item 9.Notice of Dissolution of Group.  Not applicable.

Item 10.Certification.

          By signing below I certify that, to the best of my knowledge and
          belief, the securities referred to above were acquired in the ordinary
          course of business and were not acquired for the purpose of and do not
          have the effect of changing or influencing the control of the issuer
          of such securities and were not acquired in connection with or as a
          participant in any transaction having such purposes or effect.


                                  Page 6 of 8 Pages
<PAGE>

CUSIP No. 594501100
         -----------

Exhibits.

          The statement required by Rule 13d-1(f) is attached as Exhibit A.


Signature.

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


Date: January 9, 1998              SAFECO Corporation



                                   By      /s/ Ronald L. Spaulding
                                      --------------------------------------
                                      Ronald L. Spaulding, Treasurer


                                   SAFECO Common Stock Trust



                                   By       /s/ Ronald L. Spaulding
                                      --------------------------------------
                                      Ronald L. Spaulding, Treasurer


                                   SAFECO Asset Management Company



                                   By       /s/ Neal A. Fuller
                                      --------------------------------------
                                      Neal A. Fuller, Secretary


                                  Page 7 of 8 Pages

<PAGE>

                                      EXHIBIT A



Agreement for filing Schedule 13-G.

Pursuant to the requirements of Regulation 13d-1(d), SAFECO Corporation, SAFECO
Asset Management Company, and SAFECO Common Stock Trust each agree that Schedule
13-G filed by them with regard to Micros Systems, Inc.'s common stock is filed
on behalf of each of them.


Date: January 9, 1998              SAFECO Corporation



                                   By       /s/ Ronald L. Spaulding
                                      --------------------------------------
                                      Ronald L. Spaulding, Treasurer


                                   SAFECO Common Stock Trust



                                   By        /s/ Ronald L. Spaulding
                                      --------------------------------------
                                      Ronald L. Spaulding, Treasurer


                                   SAFECO Asset Management Company



                                   By       Neal A. Fuller
                                      --------------------------------------
                                      Neal A. Fuller, Secretary

                                  Page 8 of 8 Pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission