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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)*
Metro-Tel Corp.
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(Name of Issuer)
Common Stock, par value $.025 per share
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(Title of Class of Securities)
591639 10 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
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).
SEC 1745 (2-95)
<PAGE>
Page 2 of 5 Pages
13G
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CUSIP No. 591639 10 9 Page 2 of 5 Pages
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================================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael Michaelson
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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
USA
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5 SOLE VOTING POWER
127,900
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6 SHARED VOTING POWER
NUMBER OF
SHARES -0-
BENEFICIALLY
OWNED BY --------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 127,900
WITH
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8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
127,900
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[X]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.29%
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12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1745 (2-95)
<PAGE>
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CUSIP No. 591639 10 9 Page 3 of 5 Pages
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AMENDMENT NO. 4
TO
SCHEDULE 13G
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ITEM 1(A). NAME OF ISSUER:
Metro-Tel Corp.
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
250 South Milpitas Boulevard
Milpitas, California 95035
ITEM 2(A). NAME OF PERSON FILING:
Michael Michaelson
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
135 East 71st Street
New York, New York 10021
ITEM 2(C). CITIZENSHIP:
USA
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $.025 per share
ITEM 2(E). CUSIP NUMBER:
591639 10 9
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(b), OR
13D-2(b), CHECK WHETHER THE PERSON FILING IS A:
Not Applicable
SEC 1745 (2-95)
<PAGE>
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CUSIP No. 591639 10 9 Page 4 of 5 Pages
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ITEM 4. OWNERSHIP.
(a) Amount beneficially owned: 127,900 shares as at December 31,
1996. Includes 30,000 shares which are not outstanding but
which are subject to issuance upon the exercise of ten year
stockholder approved options granted to the undersigned (i)
on June 25, 1991 under an option contract (10,000 shares),
(ii) on May 4, 1993 under another option contract (10,000
shares) and (iii) on August 24, 1994 under the Issuer's 1994
Non-Employee Director Stock Option Plan (10,000 shares).
Excludes 41,364 shares (2.07% of the Issuer's outstanding
Common Stock) owned beneficially by the undersigned's wife,
with respect to which the undersigned disclaims beneficial
ownership.
(b) Percent of class: 6.29%
(c) Number of shares as to which such person has:
(i) Sole power to vote or direct the vote: 127,900
(ii) Shared power to vote or direct the vote: none
(iii)Sole power to dispose or direct the disposition of:
127,900
(iv) Shared power to dispose or direct the disposition of:
none
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.
SEC 1745 (2-95)
<PAGE>
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CUSIP No. 591639 10 9 Page 5 of 5 Pages
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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.
Dated: February 11, 1997
/s/ Michael Michaelson
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Michael Michaelson
SEC 1745 (2-95)
