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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No. 3 )
Savoir Technology Group, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
80533W107
--------------------------------------------------------------------------------
(CUSIP Number)
Nicholas Schettino, Bear, Stearns & Co. Inc.
115 South Jefferson Rd, Whippany, NJ 07981
(973) 793-2211
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 06, 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 that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [_].
Note: Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Rule 13d-7(b)
for other parties to whom copies are to be sent.
(Continued on following pages)
(Page 1 of Pages)
----------
(1) 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 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).
(SC13D-07/98)
<PAGE>
CUSIP No. 80533W107 13D Page of Pages
________________________________________________________________________________
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
The Bear Stearns Companies Inc.**
IRS # 13-3286161
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
0
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
HC
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Bear, Stearns & Co. Inc.**
IRS # 13-3299429
________________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [_]
________________________________________________________________________________
3 SEC USE ONLY
________________________________________________________________________________
4 SOURCE OF FUNDS*
WC, OO
________________________________________________________________________________
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [_]
________________________________________________________________________________
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
7 SOLE VOTING POWER
NUMBER OF
0
SHARES _________________________________________________________________
8 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0
_________________________________________________________________
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON _________________________________________________________________
10 SHARED DISPOSITIVE POWER
WITH
0
________________________________________________________________________________
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
________________________________________________________________________________
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
________________________________________________________________________________
14 TYPE OF REPORTING PERSON*
BD
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 80533W107 13D Page of Pages
________________________________________________________________________________
Page 3
Schedule 13D Amendment No. 3
This statement constitutes Amendment No. 3 to the statement on Schedule 13D
(the "Schedule 13D") filed with the Securities and Exchange Commission by Bear,
Stearns & Co. Inc. ("Bear Stearns") with respect to its ownership of the Common
Stock of Savoir Technology Group, Inc. (the "Issuer").
Item 3: Source and Amount of Funds or Other Consideration
Not applicable
Item 5: Interest in Securities of the Issuer (as of 07/06/00)
(a) The responses of Bear Stearns to Rows (11) through (13) of the
cover page of this Amendment No. 3 to Schedule 13D are
incorporated herein by reference. To the best of Bear Stearns'
knowledge, none of its executive officers or directors
beneficially own any Common Stock of the Issuer.
(b) The responses of Bear Stearns to Rows (7) through (10) of the
cover page of this Amendment No. 3 to Schedule 13D are
incorporated herein by reference.
(c) Since the date of its initial filing on Schedule 13D, Bear
Stearns has effected transactions in the Common Stock of the
Issuer. Information concerning transactions in the Common Stock
effected by Bear Stearns is set forth on Appendix I.
(d) Not Applicable.
(e) On July 06, 2000, Bear Stearns tendered 1,005,975 shares of
Savior Technology Group, Inc. Therefore, Bear Stearns ceased to
be the beneficial owner of more than five percent of the Common
Stock of the Issuer since the date of its original filing.
Page 4
**Bear Stearns & Co. is a subsidiary of The Bear Stearns Companies Inc.
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.
July 10, 2000
----------------------------------------
(Date)
/S/
----------------------------------------
(Signature)
Barry J. Cohen/Senior Managing Director
----------------------------------------
(Name/Title)
APPENDIX I
BEAR, STEARNS & CO. INC.
Savoir Technology Group, Inc.
Trades from 6/12/00 through 07/06/00
(Various Firm Accounts)
***** 07/06 *****
661,175- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
10,287- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
1,359- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
1,300- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
1,300- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
11,491- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
87,444- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
45,254- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
23,973- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
22,600- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
64,574- SAVOIR TECHNOLOGY GROUP INC XCH OA .00
***** 06/30 *****
1,000- SAVOIR TECHNOLOGY GROUP INC 6 15/16 6,937.26-
3,000- SAVOIR TECHNOLOGY GROUP INC 6 15/16 20,811.80-
5,000- SAVOIR TECHNOLOGY GROUP INC 6 15/16 34,686.34-
***** 06/29 *****
1,100 SAVOIR TECHNOLOGY GROUP INC 6.8400 7,524.00
6,000 SAVOIR TECHNOLOGY GROUP INC 6.7942 40,765.20
900- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,187.29-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 11/16 6,687.27-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
1,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,874.77-
2,000- SAVOIR TECHNOLOGY GROUP INC 6 13/16 13,624.54-
2,000- SAVOIR TECHNOLOGY GROUP INC 6 13/16 13,624.54-
4,000- SAVOIR TECHNOLOGY GROUP INC 6 13/16 27,249.09-
5,000- SAVOIR TECHNOLOGY GROUP INC 6 13/16 34,061.36-
5,000- SAVOIR TECHNOLOGY GROUP INC 6 7/8 34,373.85-
***** 06/28 *****
593 SAVOIR TECHNOLOGY GROUP INC 7.0800 4,198.44
100- SAVOIR TECHNOLOGY GROUP INC 7 1/32 703.10-
100- SAVOIR TECHNOLOGY GROUP INC 7 1/8 712.47-
100- SAVOIR TECHNOLOGY GROUP INC 7 699.97
1,000- SAVOIR TECHNOLOGY GROUP INC 7 6,999.76
3,000- SAVOIR TECHNOLOGY GROUP INC 7 1/8 21,374.28
3,000- SAVOIR TECHNOLOGY GROUP INC 7 1/8 21,374.28
5,000- SAVOIR TECHNOLOGY GROUP INC 7 1/8 35,623.81
5,000- SAVOIR TECHNOLOGY GROUP INC 7 34,998.83
***** 06/27 *****
900 SAVOIR TECHNOLOGY GROUP INC 6 7/8 6,187.50
1,000 SAVOIR TECHNOLOGY GROUP INC 7 1/8 7,125.00
