SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __1_)
Allen Group, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
017634106
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A
fee is not required only if the reporting person: (1) has a previous statment
on file reporting beneficial ownership of more than five percent of the class
of securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of less than five percent of such
class. See Rule 13d-7).
*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 sidclosures provided in a prior cover page.
The information required on 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 liablilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
CUSIP No. 017634106 13G Page 2 of 12 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
FEDERATED GROWTH TRUST
TAX I.D. # 25-1378666
2 Check the appropriate box if a member of a group
(a) [ ]
(b) [X]
3 SEC use only
4 Citizenship or Place of Organization
MASSACHUSETTS
Number of 5 Sole voting power
shares 915,000
beneficially 6 Shared voting power
Owned by
each 7 Sole dispositive power
Reporting 915,000
Person 8 Shared dispositive power
with
9 Aggregate Amount Beneficially Owned by Each Reporting Person
915,000
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares *
11 Percent of Class Represented by Amount in Row (11)
3.7%
12 Type of Reporting Person
IV
*SEE INSTRUCTION BEFORE FILLING OUT
CUSIP No. 017634106 13G Page 3 of 12 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
CAPITAL GROWTH FUND, a portfolio of Investment Series
Funds, Inc.
TAX I.D. #25-1619187
2 Check the appropriate box if a member of a group
(a) [ ]
(b) [ X ]
3 SEC use only
4 Citizenship or Place of Organization
MARYLAND
Number of 5 Sole voting power
shares 35,000
beneficially 6 Shared voting power
Owned by
each 7 Sole dispositive power
Reporting 35,000
Person 8 Shared dispositive power
with
9 Aggregate Amount Beneficially Owned by Each Reporting Person
35,000
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
*
11 Percent of Class Represented by Amount in Row (11)
0.1%
12 Type of Reporting Person
IV
*SEE INSTRUCTION BEFORE FILLING OUT
CUSIP No. 017634106 13G Page 4 of 12 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
FEDERATED ADVISERS
TAX I.D. #51-0316183
2 Check the appropriate box if a member of a group
(a) [ ]
(b) [ X ]
3 SEC use only
4 Citizenship or Place of Organization
DELAWARE
Number of 5 Sole voting power
shares 35,000
beneficially 6 Shared voting power
Owned by
each 7 Sole dispositive power
Reporting 35,000
Person 8 Shared dispositive power
with
9 Aggregate Amount Beneficially Owned by Each Reporting Person
35,000
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares *
11 Percent of Class Represented by Amount in Row (11)
0.1%
12 Type of Reporting Person
IA
*SEE INSTRUCTION BEFORE FILLING OUT
CUSIP No. 017634106 13G Page 5 of 12 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
FEDERATED MANAGEMENT
TAX I.D. #51-0316186
2 Check the appropriate box if a member of a group
(a) [ ]
(b) [ X ]
3 SEC use only
4 Citizenship or Place of Organization
DELAWARE
Number of 5 Sole voting power
shares 915,000
beneficially 6 Shared voting power
Owned by
each 7 Sole dispositive power
Reporting 915,000
Person 8 Shared dispositive power
with
9 Aggregate Amount Beneficially Owned by Each Reporting Person
915,000
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
*
11 Percent of Class Represented by Amount in Row (11)
3.7%
12 Type of Reporting Person
IA
*SEE INSTRUCTION BEFORE FILLING OUT
CUSIP No. 017634106 13G Page 6 of 12 Pages
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
FEDERATED INVESTORS
TAX I.D. # 51-0316181
2 Check the appropriate box if a member of a group
(a) [ ]
(b) [X]
3 SEC use only
4 Citizenship or Place of Organization
DELAWARE
Number of 5 Sole voting power
shares 0
beneficially 6 Shared voting power
Owned by
each 7 Sole dispositive power
Reporting 950,000
Person 8 Shared dispositive power
with
9 Aggregate Amount Beneficially Owned by Each Reporting Person
950,000
10 Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares
*
11 Percent of Class Represented by Amount in Row (11)
3.8%
12 Type of Reporting Person
HC
*SEE INSTRUCTION BEFORE FILLING OUT
CUSIP No. 017634106 13G Page 7 of 12 Pages
Item 1(a). Name of Issuer: The Allen Group, Inc.
Item 1(b). Address of Issuer's Principal Business Office:
25101 Chagrin Blvd.
Beachwood, OH 44122
Item 2(a). Names of Persons Filing: Tax I.D. No.
(A) Federated Growth Trust 25-1378666
(B) Capital Growth Fund, a portfolio of
Investment Series Funds, Inc. 25-1619187
(C) Federated Advisers 51-0316183
(D) Federated Management 51-0316186
(E) Federated Investors 51-0316181
Item 2(b). Address of Principal Business Office:
Federated Investors Tower
Pittsburgh, PA 15222-3779
Item 2(c). Citizenship: Citizenship
(A) Federated Growth Trust Massachusetts
(B) Capital Growth Fund, a portfolio of
Investment Series Funds, Inc. Maryland
(C) Federated Advisers Delaware
(D) Federated Management Delaware
(E) Federated Investors Delaware
Item 2(d). Title of Class of Securities: Common Stock
Item 2(e). CUSIP Number: 017634106
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the persons filing are:
(h) [ X ] Group, in accordance with Section
240.13d-1(b)(1)(ii)(H).
*SEE EXHIBIT "1" ATTACHED
CUSIP No. 017634106 13G Page 8 of 12 Pages
Item 4. Ownership:
A. Federated Growth Trust
Item 4(a) Amount Beneficially Owned...................... 915,000
Item 4b) Percent of Class..................................3.7%
Item 4(c) Number of Shares as to which such person has
(i) sole power to vote or direct the vote..............
915,000
(ii) shared power to vote or direct the vote.......... 0
(iii) sole power to dispose or direct disposition of.. 915,000
(iv) shared power to dispose or direct disposition of..
0
B. Capital Growth Fund
Item 4(a) Amount Beneficially Owned...................... 35,000
Item 4b) Percent of Class..................................0.1%
Item 4(c) Number of Shares as to which such person has
(i) sole power to vote or direct the vote..............
35,000
(ii) shared power to vote or direct the vote.......... 0
(iii) sole power to dispose or direct disposition of.. 35,000
(iv) shared power to dispose or direct disposition of..
0
C. Federated Advisers*
Item 4(a) Amount Beneficially Owned...................... 35,000
Item 4b) Percent of Class..................................0.1%
Item 4(c) Number of Shares as to which such person has
(i) sole power to vote or direct the vote..............
35,000
(ii) shared power to vote or direct the vote.......... 0
(iii) sole power to dispose or direct disposition of.. 35,000
(iv) shared power to dispose or direct disposition of..
0
A. Federated Management*
Item 4(a) Amount Beneficially Owned...................... 915,000
Item 4b) Percent of Class..................................3.7%
Item 4(c) Number of Shares as to which such person has
(i) sole power to vote or direct the vote..............
915,000
(ii) shared power to vote or direct the vote.......... 0
(iii) sole power to dispose or direct disposition of.. 915,000
(iv) shared power to dispose or direct disposition of..
0
B. Federated Investors**
Item 4(a) Amount Beneficially Owned...................... 950,000
Item 4b) Percent of Class..................................3.8%
Item 4(c) Number of Shares as to which such person has
(i) sole power to vote or direct the vote..............
950,000
(ii) shared power to vote or direct the vote.......... 0
(iii) sole power to dispose or direct disposition of.. 950,000
(iv) shared power to dispose or direct disposition of..
0
*The number of shares indicated represent shares held by investment
companies for which the indicated reporting person acts as an
investment adviser, with power to direct investments and power to
vote the securities.
**The number of shares indicated represent shares held by investment
companies advised by subsidiaries of Federated Investors.
CUSIP No. 017634106 13G Page 9 of 12 Pages
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:
The filing of this Amended Schedule 13G by the reporting
persons identified in Item 2(a) is being made solely because
their deemed holdings of the securities identified in Item 2(d)
of this Schedule 13G has become less than 5% of the outstanding
securities as determined in accordance with Rule 13d-3(d)(i)
under the Securities Exchange Act of 1934, as amended (the "1934
Act"). The filing of this Schedule 13G by reporting persons
identified as Federated Advisers and Federated Management in Item
2(a) (the "Advisers") is being made solely because the persons
are investment advisers of one or more of the investment
companies with power to direct investments and/or power to vote
the securities. The filing of this Schedule 13G by the reporting
person identified as Federated Investors (the "Parent") is being
made solely because such person is the parent holding company of
Advisers which have the power to direct investment and/or vote
the securities. Each reporting person identified in Item 2(a)
hereby disclaims the existence of a group within the meaning of
Section 13(d)(3) of the 1934 Act.
In accordance with Rule 13d-4 under the 1934 Act, each
reporting person declares that the filing of this statement
should not be construed as an admission that any of the
investment advisers or parent holding company that are reporting
persons are the beneficial owners (for the purposes of Sections
13(d) and/or 13(g) of the Act) of any securities covered by this
statement, and such advisers and parent holding company expressly
disclaim that they are in fact the beneficial owner of such
securities.
SEE EXHIBIT "1" ATTACHED
Item 9. Notice of Dissolution of Group:
Not Applicable
CUSIP No. 017634106 13G Page 10 of 12 Pages
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.
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Date:
February 14, 1994
Signature:
/s/S. Elliott Cohan
Name/Title: S. Elliott Cohan, as Assistant Secretary of
Federated Investors, Federated Advisers, Federated Management,
Federated Growth Trust, and Capital Growth Fund (a portfolio of
Investment Series Funds, Inc.)
CUSIP No. 017634106 13G Page 11 of 12 Pages
EXHIBIT "1"
ITEM 3 CLASSIFICATION OF
REPORTING PERSONS
Identity and Classification of Each Reporting Person
IDENTITY CLASSIFICATION
UNDER ITEM 3
Federated Growth Trust (d) Investment Company
registered under section 8 of
the Investment Company Act
Capital Growth Fund, a portfolio of (d) Investment Company
registered under
Investment Series Funds, Inc. section 8 of the Investment
Company Act
Federated Advisers (e) Investment Adviser
registered under section 203 of
the Investment Advisers Act of
1940
Federated Management (e) Investment Adviser
registered under section 203 of
the Investment Advisers Act of
1940
Federated Investors (g) Parent Holding Company, in
accordance with Section
240.13d-1(b)(ii)(G)
The filing of this Schedule 13G by the reporting persons is being made solely
because their deemed holdings of the securities identified in Item 2(d) of
this Schedule 13G has become less than 5% of the outstanding securities as
determined in accordance with Rule 13d-3(d)(i) under the Securities Exchange
Act of 1934, as amended (the "1934 Act"). The filing of this Schedule 13G by
reporting persons identified as Federated Advisers and Federated Management
(the "Advisers") is being made solely because the persons are investment
advisers of one or more of the investment companies with power to direct
investments and/or power to vote the securities. The filing of this Schedule
13G by the reporting person identified as Federated Investors (the "Parent")
is being made solely because such person is the parent holding company of
Advisers which have the power to direct investment and/or vote the securities.
Each reporting person identified in this Exhibit "1" hereby disclaims the
existence of a group within the meaning of Section 13(d)(3) of the 1934 Act.
In accordance with Rule 13d-4 under the 1934 Act, each reporting
person declares that the filing of this statement should not be
construed as an admission that any of the investment advisers or
parent holding company that are reporting persons are the
beneficial owners (for the purposes of Sections 13(d) and/or
13(g) of the Act) of any securities covered by this statement,
and such advisers and parent holding company expressly disclaim
that they are in fact the beneficial owner of such securities.
CUSIP No. 017634106 13G Page 12 of 12 Pages
EXHIBIT "2"
AGREEMENT FOR JOINT FILING OF
SCHEDULE 13G
The following parties hereby agree to file jointly the
statement on Schedule 13G to which this Agreement is attached and
any amendments thereto which may be deemed necessary pursuant to
Regulation 13D-G under the Securities Exchange Act of 1934:
1. Federated Growth Trust, a Massachusetts business trust
2. Capital Growth Fund, a portfolio of Investment Series
Funds, Inc.
3. Federated Advisers, as investment adviser to Capital
Growth Fund
4. Federated Management, as investment adviser to Federated
Growth Trust
5. Federated Investors, as parent holding company of the
advisers.
It is understood and agreed that each of the parties hereto
is responsible for the timely filing of such statement and any
amendments thereto, and for the completeness and accuracy of the
information concerning such party contained therein, but such
party unless is not responsible for the completeness or accuracy
of information concerning the other parties unless such party
knows or has reason to believe that such information is
incomplete or inaccurate.
It is understood and agreed that the joint filing of
Schedule 13G shall not be construed as an admission that the
reporting persons named herein constitue a group for purposes of
Regulation 13D-G of the Securities Exchange Act of 1934, nor is a
joint venture for purposes of the Investment Company Act of 1940.
Date: February 14, 1994
By:/s/S. Elliott Cohan
Name/Title: S. Elliott Cohan, as Assistant Secretary of
Federated Investors, Federated Advisers, Federated Management,
Federated Growth Trust, and Capital Growth Fund (a portfolio of
Investment Series Funds, Inc.)
