UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)*
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PREMIER PARKS INC.
(Name of Issuer)
Common Stock, $.025 par value
(Title of Class of Securities)
886506
(CUSIP Number)
--------------------------------
Paul A. Biddelman
Hanseatic Corporation
450 Park Avenue, Suite 2302
New York, New York 10022
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
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February 2, 2000
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this Schedule
13D, and is filing this schedule because of Sections 240.13d-1(e),
240.13d-1(f) or 240.13d-1(g), check the following box.
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Note: Schedules filed in paper format shall include a signed
original and five copies of the schedule, including all exhibits.
See Section 240.13d-7(b) for other parties to whom copies are to be
sent.
*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 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 liabilities of that section of the Act but shall be subject to
all other provisions of the Act (however, see the Notes).
<PAGE>
CUSIP NO. 886506
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Hanseatic Corporation
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
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(b)
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3 SEC USE ONLY
4 SOURCE OF FUNDS*
Not applicable
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
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6 CITIZENSHIP OR PLACE OR ORGANIZATION
New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
3,776,774
8 SHARED VOTING POWER
--
9 SOLE DISPOSITIVE POWER
3,776,774
10 SHARED DISPOSITIVE POWER
--
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,776,774
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
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<PAGE>
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8% (see footnote 1)
14 TYPE OF REPORTING PERSON*
CO
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(1) Based upon an aggregate of 78,249,406 shares outstanding, as
reported in the issuer's most recent Quarterly Report on Form
10-Q.
<PAGE>
CUSIP NO. 886506
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wolfgang Traber
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
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(b)
-----
3 SEC USE ONLY
4 SOURCE OF FUNDS*
Not applicable
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(e)
-----
6 CITIZENSHIP OR PLACE OR ORGANIZATION
Germany
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
--
8 SHARED VOTING POWER
3,776,774 (see footnote 1)
9 SOLE DISPOSITIVE POWER
--
10 SHARED DISPOSITIVE POWER
3,776,774 (see footnote 1)
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,776,774 (see footnote 1)
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES*
-----
<PAGE>
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.8% (see footnote 2)
14 TYPE OF REPORTING PERSON*
IN
- ---------------
(1) Represents shares beneficially owned by Hanseatic Corporation;
Wolfgang Traber holds in excess of a majority of the shares of
capital stock of Hanseatic Corporation.
(2) Based upon an aggregate of 78,249,406 shares outstanding, as
reported in the issuer's most recent Quarterly Report on Form
10-Q.
<PAGE>
INTRODUCTORY STATEMENT
Pursuant to Reg. Section 240.13d-2, this Amendment No. 9 to
Schedule 13D discloses changes in the Statement on Schedule 13D
dated October 30, 1992, as amended by Amendment No. 1 thereto dated
March 8, 1993, Amendment No. 2 thereto dated July 28, 1993,
Amendment No. 3 thereto dated October 12, 1994, Amendment No. 4
thereto dated August 15, 1995, Amendment No. 5 thereto dated March
11, 1996, Amendment No. 6 thereto dated June 4, 1996, Amendment No.
7 thereto dated November 10, 1997 and Amendment No. 8 thereto dated
November 30, 1998 (together, the "Amended Statement on Schedule
13D"), filed jointly by Hanseatic Corporation (the "Stockholder")
and Wolfgang Traber ("Traber"), and therefore does not restate the
items therein in their entirety.
Item 5. Interest in Securities of the Issuer.
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(a) As of February 9, 2000, the Stockholder beneficially
owned, for purposes of Rule 13d-3 under the Securities Exchange Act
of 1934, 3,776,774 shares of the common stock, $.025 par value (the
"Common Stock"), of Premier Parks, Inc. (the "Corporation"),
constituting, to the best of the knowledge of the Stockholder, 4.8%
of the issued and outstanding shares of Common Stock. The foregoing
calculation is based upon an aggregate of 78,249,406 shares of
Common Stock outstanding, as reported in the Corporation's most
recent Quarterly Report on Form 10-Q.
Traber holds in excess of a majority of the shares of capital
stock of the Stockholder and, accordingly, may be deemed
beneficially to own the securities of the Corporation held by the
Stockholder. As disclosed by such persons to the Stockholder, none
of the executive officers or directors of the Stockholder set forth
on Annex 1 to the Amended Statement on Schedule 13D beneficially
own any shares of the Common Stock.
(b) All of the shares stated above as beneficially owned by
the Stockholder are held by the Stockholder with sole power to vote
or to direct the vote thereof, and with sole power to dispose or to
direct the disposition thereof. All securities of the Corporation
that may be deemed to be beneficially owned by Traber are held with
shared power to vote or to direct the vote thereof, and with shared
power to dispose or to direct the disposition thereof, with the
Stockholder.
(c) On February 2, 2000, the Stockholder sold 500,000 shares
of Common Stock in open market brokerage transactions on the New
York Stock Exchange at a price of $25.08 per share. Except for
such shares, neither the Stockholder nor Traber has effected any
transaction in the Common Stock during the 60 days preceding the
date of this statement.
(d) The right to receive or the power to direct the receipt
of dividends from, or the proceeds from the sale of, 3,727,390
shares of Common Stock, constituting approximately 4.8% of the
outstanding Common Stock, is held by Hanseatic Americas LDC, a
Bahamian limited duration company in which the sole managing member
is Hansabel Partners, L.L.C., a Delaware limited liability company
in which the sole managing member is the Stockholder. Certain
additional clients of the Stockholder who provided funds for the
acquisition by the Stockholder of its investment in the Corporation
have the right to receive or the power to direct the receipt of
dividends from, or the proceeds from the sale of, the remaining
shares of Common Stock beneficially owned by the Stockholder. No
such client's interest in such dividends or proceeds relates to
more than five percent of the outstanding Common Stock.
(e) Upon consummation of the sales described under Paragraph
(c) of this Item 5, the undersigned ceased to be the beneficial
owner of more than five percent of the outstanding Common Stock.
Item 7. Materials to be Filed as Exhibits.
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Exhibit A - Agreement pursuant to Rule 13d-1(k)(1)(iii)
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of our knowledge and
belief, we certify that the information set forth in this statement
is true, complete and correct.
Dated: February 9, 2000 HANSEATIC CORPORATION
By /s/ Paul A. Biddelman
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Paul A. Biddelman
Dated: February 9, 2000 /s/ Wolfgang Traber
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Wolfgang Traber
INDEX TO EXHIBITS
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Exhibit A - Agreement pursuant to Rule 13d-1(k)(1)(iii)
EXHIBIT A
Pursuant to Rule 13d-1(k)(1)(iii) promulgated by the Securities and
Exchange Commission, the undersigned agree that the statement to which this
Exhibit is attached is filed on their behalf and in the capacities set out
herein below.
Dated: February 9, 2000 HANSEATIC CORPORATION
By /s/ Paul A. Biddelman
----------------------------
Paul A. Biddelman
Dated: February 9, 2000 /s/ Wolfgang Traber
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Wolfgang Traber
