1. Name of Reporting Person
SS or IRS Identification No. of Above Person
Anderson Capital Management
94-3077663
2. Check the Appropriate Box if Member of a Group
N/A
3. SEC Use Only
4. Citizenship or Place of Organization
California
5. Sole Voting Power
72,100
6. Shared Voting Power
72,100
7. Sole Dispositive Power
72,100
8. Shared Dispositive Power
154,132
9. Aggregate Amount Beneficially Owned for Each Reporting Person
154,132
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
N/A
11. Percent of Class Represented by Amount in Row (9)
6.23%
12. Type of Reporting Person
IA
<PAGE>
1. Name of Reporting Person
SS or IRS Identification No. of Above Person
C. Derek Anderson
###-##-####
2. Check the Appropriate Box if Member of a Group
N/A
3. SEC Use Only
4. Citizenship or Place of Organization
USA
5. Sole Voting Power
64,600
6. Shared Voting Power
72,100
7. Sole Dispositive Power
64,600
8. Shared Dispositive Power
154,132
9. Aggregate Amount Beneficially Owned for Each Reporting Person
154,132
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
N/A
11. Percent of Class Represented by Amount in Row (9)
6.23%
12. Type of Reporting Person
IA
<PAGE>
Item 1(a): Name of Issuer:
PremiumWear, Inc.
Item 1(b): Address of Issuer's Principal Executive Offices:
7566 Market Place Drive
Eden Prairie, MN 55344-3629
Item 2(a): Name of Person Filing:
C. Derek Anderson ("Anderson")
Anderson Capital Management, Inc. ("ACM")
Item 2(b): Address of Principal Business Office:
Both C. Derek Anderson and Anderson Capital Management maintain their
principal offices at:
220 Sansome Street, Suite 400
San Francisco, CA 94104
Item 2(c): Citizenship:
C. Derek Anderson is a USA Citizen.
Anderson Capital Management, Inc. is a California corporation.
Item 2(d): Title of Class of Securities:
Common Stock
Item 2(e): CUSIP NUMBER:
740909106
Item 3: Type of Person
Both C. Derek Anderson ("Anderson") and Anderson Capital
Management, Inc. ("ACM") are licensed Investment Advisors.
Item 4: Ownership
(a) Amount Beneficially Owned: 154,132
(b) Percent of Class: 6.23%
(c) Number of Shares as to which such person has:
(i) sole power to vote or to direct the vote 72,100
(ii) shared power to vote or to direct the vote 72,100
(iii) sole power to dispose or to direct the
disposition of 72,100
(iv) shared power to dispose or to direct
the disposition of 154,132
ACM does not vote any of the foregoing shares for its advisory clients.
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:
With regard to the Shares reported herein which were acquired by ACM as
agent for its investment advisory clients over whose accounts ACM may
hold discretionary authority, the beneficial owners or legal owners of such
accounts have the right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of Shares. None of these
beneficial or legal owners individually holds such rights or powers relating
to more than five percent (5%) of the outstanding shares.
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
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.
Signatures
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.
C. D. Anderson for himself
_________________________
C. Derek Anderson
Patricia Love Anderson as
President & CEO of
Anderson Capital Management, Inc.
__________________________
Patricia Love Anderson
