UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO
FILED PURSUANT TO 13d-2(b)
(Amendment No. 1)
PCD Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
69318P106
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(CUSIP Number)
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CUSIP No. 69318P106 Page 2 of 5 Pages
SCHEDULE 13G
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Emerson Electric Co. 43-0259330
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Missouri
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5 SOLE VOTING POWER 2,068,080 shares*
NUMBER OF SHARES --------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER 0
OWNED BY EACH --------------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER 2,068,080 shares*
PERSON WITH --------------------------------------------------------------
8 SHARED DISPOSITIVE POWER 0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,068,080 shares*
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
33.32%
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12 TYPE OF REPORTING PERSON
CO
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*See Item 4 for additional information
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CUSIP No. 69318P106 Page 3 of 5 Pages
Item 1(a). Name of Issuer:
PCD Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
2 Technology Drive, Centennial Park
Peabody, Massachusetts 01960-7977
Item 2(a). Name of Person Filing:
Emerson Electric Co.
Item 2(b). Address of Principal Business Office or, if None, Residence:
8000 W. Florissant Avenue, P.O. Box 4100
St. Louis, Missouri 63136
Item 2(c). Citizenship:
Missouri
Item 2(d). Title of Class of Securities:
Common Stock, $.01 par value
Item 2(e). CUSIP Number:
69318P106
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), 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,
(e) [ ] Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940,
(f) [ ] Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income Security Act
of 1974 or Endowment Fund; see 13d-1(b)(1)(ii)(F),
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CUSIP No. 69318P106 Page 4 of 5 Pages
(g) [ ] Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G); see Item 7,
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
Item 4. Ownership.
(a) Amount beneficially owned:
2,068,080 shares - includes 743,280 shares held by InnoVen III
Corporation, a wholly-owned subsidiary of Emerson Electric Co.,
36,000 shares subject to currently exercisable options held by H.
F. Faught, a consultant to Emerson Electric Co.; and 150,000
shares subject to a currently exercisable common stock purchase
warrant held by Emerson Electric Co.
(b) Percent of class:
33.32%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
2,068,080 shares (includes 186,000 shares not outstanding)
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
2,068,080 shares (includes 186,000 shares not outstanding)
(iv) Shared power to dispose or to direct the disposition of:
0
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.
Not applicable
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company.
Not applicable
Item 8. Identification and Classification of Members of the Group.
Not applicable
4
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CUSIP No. 69318P106 Page 5 of 5 Pages
Item 9. Notice of Dissolution of Group.
Not applicable
Item 10. Certification.
Not applicable
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.
February 9, 1998
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(Date)
W.J. Galvin
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(Signature)
W.J. Galvin
Senior Vice President-Finance and
Chief Financial Officer
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(Name/Title)
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