GISH BIOMEDICAL INC
SC 13G, 1996-02-15
SURGICAL & MEDICAL INSTRUMENTS & APPARATUS
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     CUSIP NO. 376360103                            13G                           PAGE 1 OF 7 PAGES
- -------------------------------                                             -------------------------------

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                  SCHEDULE 13G

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                (AMENDMENT NO. )


                              GISH BIOMEDICAL, INC.
                                (NAME OF ISSUER)

                           COMMON STOCK, NO PAR VALUE PER SHARE
                         (TITLE OF CLASS OF SECURITIES)

                                    376360103
                                 (CUSIP NUMBER)

Check the following box if a fee is being paid with this  statement [X ]. (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  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).

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     CUSIP NO. 376360103                            13G                           PAGE 2 OF 7 PAGES
- -------------------------------                                             -------------------------------


- -----------------------------------------------------------------------------------------------------------------------
  1      NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         EQSF ADVISERS, INC.
         (EIN 13-3354359)

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
  2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                       (a)  [   ]
                                                                                 (b)  [   ]
- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
  3      SEC USE ONLY

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
  4      CITIZENSHIP OR PLACE OF ORGANIZATION

                     NEW YORK CORPORATION

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
                                 5      SOLE VOTING POWER

                                                 100,000

          NUMBER OF
                               ----------------------------------------------------------------------------------------
                               ----------------------------------------------------------------------------------------
            SHARES               6      SHARED VOTING POWER
         BENEFICIALLY
           OWNED BY
                               ----------------------------------------------------------------------------------------
                               ----------------------------------------------------------------------------------------
             EACH                7      SOLE DISPOSITIVE POWER
          REPORTING
            PERSON                               100,000

                               ----------------------------------------------------------------------------------------
                               ----------------------------------------------------------------------------------------
             WITH               8       SHARED DISPOSITIVE POWER


- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
 9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  100,000

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
 10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
         CERTAIN SHARES*                                                              [    ]

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
         PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
 11
                  3.23%

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
         TYPE OF REPORTING PERSON*
 12
                  IA

- -----------------------------------------------------------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!


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     CUSIP NO. 376360103                            13G                           PAGE 3 OF 7 PAGES
- -------------------------------                                             -------------------------------


- -----------------------------------------------------------------------------------------------------------------------
  1      NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

                  MARTIN J. WHITMAN
                  (###-##-####)

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
  2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                       ( a)  [   ]
                                                                                 (b)   [   ]
- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
  3      SEC USE ONLY

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
  4      CITIZENSHIP OR PLACE OF ORGANIZATION

                  USA

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
                                 5      SOLE VOTING POWER

          NUMBER OF                              NONE  (SEE ITEM 4)
                               ----------------------------------------------------------------------------------------
                               ----------------------------------------------------------------------------------------
                                 6      SHARED VOTING POWER
            SHARES
                                                 NONE
         BENEFICIALLY

           OWNED BY
                               ----------------------------------------------------------------------------------------
                               ----------------------------------------------------------------------------------------
             EACH                7      SOLE DISPOSITIVE POWER

          REPORTING                              NONE  (SEE ITEM 4)

                               ----------------------------------------------------------------------------------------
                               ----------------------------------------------------------------------------------------
         PERSON WITH            8       SHARED DISPOSITIVE POWER

                                                 NONE

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
 9       AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  -0-    (SEE ITEM 4)

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
 10      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
         CERTAIN SHARES*                                                              [  ]

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
 11      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                  -0-

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
 12      TYPE OF REPORTING PERSON*

                  IN

- -----------------------------------------------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
- -------------------------------                                             -------------------------------

     CUSIP NO. 376360103                            13G                           PAGE 4 OF 7 PAGES
- -------------------------------                                             -------------------------------

- -----------------------------------------------------------------------------------------------------------------------
   1     NAME OF REPORTING PERSONS
         S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS

         M.J. WHITMAN ADVISERS, INC.
         (13-3686379)

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
   2     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                      (a)   [     ]
                                                                                (b)   [     ]
- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
   3     SEC USE ONLY

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
   4     CITIZENSHIP OR PLACE OF ORGANIZATION

                  NEW YORK CORPORATION
- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
                               5        SOLE VOTING POWER

          NUMBER OF                              92,450

                               ----------------------------------------------------------------------------------------
                               ----------------------------------------------------------------------------------------
            SHARES             6        SHARED VOTING POWER
         BENEFICIALLY
            OWNED
                               ----------------------------------------------------------------------------------------
                               ----------------------------------------------------------------------------------------
             EACH              7        SOLE DISPOSITIVE POWER
          REPORTING
            PERSON                               92,450
                               ----------------------------------------------------------------------------------------
                               ----------------------------------------------------------------------------------------
             WITH              8        SHARED DISPOSITIVE POWER


- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
   9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                  92,450
- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
   10    CHECK BOX  IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
         CERTAIN SHARES*                                                              [      ]

- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
   11    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

                  2.98%
- -----------------------------------------------------------------------------------------------------------------------
- -----------------------------------------------------------------------------------------------------------------------
   12    TYPE OF REPORTING PERSON*
                  IA

- -----------------------------------------------------------------------------------------------------------------------
                      *SEE INSTRUCTIONS BEFORE FILLING OUT!

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     CUSIP NO. 376360103                            13G                           PAGE 5 OF 7 PAGES
- -------------------------------                                             -------------------------------




ITEM 1.
         (a)      NAME OF ISSUER
                  Gish Biomedical, Inc. (the "Issuer").

         (b)      ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
                   2681 Kelvin Avenue, Irvine, California 92714.

ITEM 2.
         (A)      NAME OF PERSON FILING
                  This schedule is being jointly filed by EQSF Advisers,  Inc.  ("EQSF") and M.J. Whitman Advisers,
Inc.  ("MJWA"),  each an investment  adviser  registered under the Investment  Advisers Act of 1940, as amended and
Martin J. Whitman.,  the Chief Executive  Officer of EQSF and MJWA and controlling  person of EQSF. (EQSF, MJWA and
Martin J. Whitman are sometimes  collectively  referred to hereinafter as "Filer").  Attached  hereto as an exhibit
is a copy of the joint schedule 13G filing agreement among the reporting persons.

         (B)      ADDRESS OF PRINCIPAL BUSINESS OFFICE
                  The  address  of the  principal  executive  office of EQSF,  MJWA and Mr.  Whitman  is: 767 Third
Avenue, New York, New York 10017-2023.

         (C)      CITIZENSHIP

                  The  citizenship  or  place  of  organization  of  each of the
reporting persons is as follows:

                  EQSF AND MJWA

                  New York State Corporations.

                  MARTIN J. WHITMAN

                  United States Citizen.

         (D)      TITLE OF CLASS OF SECURITIES

                  Common Stock, no par value per share.

         (e)      CUSIP NUMBER

                  376360103

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     CUSIP NO. 376360103                            13G                           PAGE 6 OF 7 PAGES
- -------------------------------                                             -------------------------------



ITEM 3. IF THIS  STATEMENT  IS  BEING  FILED  PURSUANT  TO  RULES  13D-1(B),  OR
13D-2(B), CHECK WHETHER THE PERSON FILING IS A:

                  (E)      Investment Adviser  registered under section 203 of the Investment  Advisers Act of 1940
(EQSF AND MJWA)
 -------------

ITEM 4.  OWNERSHIP.
                  (a) Neither EQSF nor MJWA own in excess of five percent of the
class of  securities  of the  issuer.  Martin J.  Whitman  may be deemed to have
beneficial  ownership of the shares of Common Stock directly  beneficially owned
by EQSF and MJWA  (3.23%  and  2.98%,  respectively)  by  reason of his power to
direct the vote and disposition of such shares,  which aggregate to 6.21%.  Mr..
Whitman disclaims beneficial ownership of all such shares.

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.
                  Various   funds,   partnerships   and  accounts   directly  or
indirectly  managed by one or more of the  reporting  persons  have the right to
receive the receipt of dividends  from,  or the  proceeds  from the sale of, the
shares of Common Stock reported  herein.  No such party  beneficially  owns more
than 5% of the class.

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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     CUSIP NO. 376360103                            13G                           PAGE 7 OF 7 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.




                                    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 14, 1996
                                                                           -----------------
                                                                            (DATE)



                                                     /S/      MARTIN J. WHITMAN
                                                              Martin J. Whitman, President


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                                                                       EXHIBIT 1




                             JOINT FILING AGREEMENT


                  In  accordance  with  Rule  13d-1  (f)  under  the  Securities
Exchange  Act of 1934,  as amended,  the  undersigned  hereby agree to the joint
filing  with all  other  Reporting  Entities  (as such  term is  defined  in the
Schedule  13G)  on  behalf  of  each of them  of a  statement  on  Schedule  13G
(including  amendments  thereto) with respect to the Common Stock,  no par value
per share, of Gish  Biomedical,  Inc., and that this Agreement be included as an
Exhibit to such joint  filing.  This  Agreement may be executed in any number of
counterparts  all of which  taken  together  shall  constitute  one and the same
instrument.


                  IN  WITNESS  WHEREOF,  the  undersigned  hereby  execute  this
Agreement this 14th day of February, 1996.



                                                     EQSF ADVISERS, INC.

                                                     By:/S/   MARTIN J. WHITMAN
                                                     Martin J. Whitman
                                                     Chairman, President and
                                                     Chief Executive Officer



                                                     M.J. WHITMAN ADVISERS, INC.


                                                     /S/      DAVID BARSE
                                                     David Barse
                                                     President




                                                     /S/      MARTIN J. WHITMAN
                                                     Martin J. Whitman





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