UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No.: *
Name of Issuer: Savoir Technology Group, Inc.
Title of Class of Securities: Common Stock, par value $.10
per share
CUSIP Number: 80533W107
(Date of Event Which Requires Filing of this Statement)
April 1, 1999
Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
*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).
<PAGE>
CUSIP Number: 80533W107
1. Name of Reporting Person
I.R.S. Identification No. of Above Person
Scott's Cove Capital Management LLC *
2. Check the Appropriate Box if a Member of a Group
a.
b.
3. SEC Use Only
4. Citizenship or Place of Organization
United States
Number of Shares Beneficially Owned by Each Reporting Person
With:
5. Sole Voting Power:
1,408,961 (includes (i) 409,359 shares of common
stock, (ii) 533,000 shares of Series A Preferred
Stock convertible into 637,102 shares of common
stock, and (iii) 362,500 warrants convertible into
362,500 shares of common stock)
6. Shared Voting Power:
7. Sole Dispositive Power:
1,408,961 (includes (i) 409,359 shares of common
stock, (ii) 533,000 shares of Series A Preferred
Stock convertible into 637,102 shares of common
stock, and (iii) 362,500 warrants convertible into
362,500 shares of common stock)
8. Shared Dispositive Power:
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9. Aggregate Amount Beneficially Owned by Each Reporting
Person
1,408,961 (includes (i) 409,359 shares of common
stock, (ii) 533,000 shares of Series A Preferred
Stock convertible into 637,102 shares of common
stock, and (iii) 362,500 warrants convertible into
362,500 shares of common stock)
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares
11. Percent of Class Represented by Amount in Row (9)
10.9%
12. Type of Reporting Person
OO
* This statement is being filed as a result of a change in
the ownership of Scott's Cove Capital Management LLC,
the reporting person. Beneficial ownership of
securities covered by this Schedule were previously
reported on Schedule 13G and several amendments thereto
filed by Robert Fleming, Inc. As of April 1, 1999, the
reporting person became the investment manager, and
accordingly, the reporting person with respect to the
securities covered by this Schedule.
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<PAGE>
Item 1(a) Name of Issuer: Savoir Technology Group, Inc.
(b) Address of Issuer's Principal Executive Offices:
254 E. Hacienda Avenue
Campbell, California 95008
Item 2(a) - (c). Name, Principal Business Address, and
Citizenship of Persons Filing:
Scott's Cove Capital Management LLC
230 Park Avenue
Suite 455
New York, New York 10169
Scott's Cove Capital Management LLC - Delaware
limited liability company
(d) Title of Class of Securities: Common Stock, par
value $.10 per share
(e) CUSIP Number: 80533W107
Item 3. If this statement is filed pursuant to Rule
13d-1(b)(1) or 13d-2(b) or (c) check whether the person
filing is:
(a) / / Broker or dealer registered under Section 15 of
the Act,
(b) / / Bank as defined in Section 3(a)(6) of the Act,
(c) / / Insurance Company as defined in
Section 3(a)(19) of the Act,
(d) / / Investment Company registered under Section 8
of the Investment Company Act,
(e) / / Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940,
(f) / / Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund,
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<PAGE>
(g) / / Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G),
(h) / / Savings association as defined in Section 3(b)
of the Federal Deposit Insurance Act,
(i) / / Church plan excluded from the definition of an
investment company under Section 3(c)(14) of
the Investment Company Act,
(j) / / Group, in accordance with Rule 13d-
1(b)(1)(ii)(H).
If this statement is filed pursuant to Rule 13d-1(c), check
this box. /X/
Item 4. Ownership.
(a) Amount Beneficially Owned: 1,408,961
shares (includes (i) 409,359 shares of
common stock, (ii) 533,000 shares of
Series A Preferred Stock convertible into
637,102 shares of common stock, and (iii)
362,500 warrants convertible into 362,500
shares of common stock)
(b) Percent of Class: 10.9%
(c) 1,408,961 shares (includes (i) 409,359
shares of common stock, (ii) 533,000
shares of Series A Preferred Stock
convertible into 637,102 shares of common
stock, and (iii) 362,500 warrants
convertible into 362,500 shares of common
stock) with sole power to vote or to
direct the vote; 0 shares with shared
power to vote or to direct the vote;
1,408,961 shares (includes (i) 409,359
shares of common stock, (ii) 533,000
shares of Series A Preferred Stock
convertible into 637,102 shares of common
stock, and (iii) 362,500 warrants
convertible into 362,500 shares of common
stock) with sole power to dispose of or
to direct the disposition; 0 shares with
shared power to dispose of or to direct
the disposition of
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<PAGE>
Item 5. Ownership of Five Percent or Less of a Class.
N/A
Item 6. Ownership of More than Five Percent on Behalf of
Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported by the Parent
Holding Company.
N/A
Item 8. Identification and Classification of Members of the
Group.
N/A
Item 9. Notice of Dissolution of the Group.
N/A
Item 10.
Certification for Rule 13d-1(c): By signing below I
certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not
held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and
were not acquired and are not held in connection with or as
a participant in any transaction having that purpose or
effect.
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<PAGE>
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.
SCOTT'S COVE CAPITAL MANAGEMENT LLC
By: /s/ Phillip S. Schaeffer
__________________________
Phillip S. Schaeffer
Managing Member
May 13, 1999
_________________
Date
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02822002.AA1
