SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
LCS Industries, Inc.
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(Name of Issuer)
Common Stock par value $.01 per share
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(Title of Class of Securities)
501822 20 9
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ } (A fee is
not required only if the filing person: (1) has a previous statement 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 five percent or less 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 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 Act of 1934
("Act") or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
Page 1 of 5 Pages
<PAGE>
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CUSIP No. 501822 20 9 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Marvin Cohen ###-##-####
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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
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NUMBER OF SHARES 5 SOLE VOTING POWER
BENEFICIALLY OWNED BY EACH
REPORTING PERSON WITH 444,054
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6 SHARED VOTING POWER
0
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7 SOLE DISPOSITIVE POWER
444,054
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8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
444,054
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.1%
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12 TYPE OF REPORTING PERSON*
IN
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<PAGE>
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CUSIP No. 501822 20 9 13G Page 3 of 5 Pages
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Item 1.
(a) Name of Issuer
LCS Industries, Inc.
(b) Address of Issuer's Principal Executive Offices
120 Brighton Road
Clifton, New Jersey 07012-1694
Item 2.
(a) Name of Person Filing
Marvin Cohen
(b) Address of Principal Business Offices or, if none,
Residence
120 Brighton Road
Clifton, New Jersey 07012-1694
(c) Citizenship
U.S.A.
(d) Title of Class of Securities
Common Stock Par Value $.01 per share
(e) CUSIP Number
501822 20 9
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check
whether the person filing is a
Not Applicable
Item 4. Ownership
(a) Amount Beneficially Owned on December 31, 1997: 444,054*
(b) Percent of Class 9.1%*
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 444,054*
(ii) shared power to vote or to direct the vote 0
(iii) sole power to dispose or to direct the disposition of 444,054
(iv) shared power to dispose or to direct the disposition of
Item 5. Ownership of Five Percent or Less of a Class
Not Applicable
<PAGE>
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CUSIP No. 501822 20 9 13G Page 4 of 5 Pages
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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
Item 9. Notice of Dissolution of Group
Not Applicable
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* Mr. Cohen disclaims ownership of 2,200 shares held by his wife, which are
included in the amount shown. Also included are 86,000 shares subject to stock
options exercisable within 60 days.
<PAGE>
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CUSIP No. 501822 20 9 13G Page 5 of 5 Pages
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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.
The signature of the filing person constitutes the agreement of such person that
this Amendment No. 10 to Schedule 13G is being filed on behalf of such person.
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: February 10, 1998 /s/ Marvin Cohen,
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Marvin Cohen
Senior Vice-President and
Secretary
