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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)<F*>
NEWCOR, INC.
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(Name of Issuer)
COMMON, $1.00 par value
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(Title of Class of Securities)
651186108
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(CUSIP Number)
<TABLE>
<S> <C> <C>
EXX Inc. David A. Segal COPY TO: Thomas A. Litz, Esq.
1350 East Flamingo Road 1350 East Flamingo Road Thompson Coburn LLP
Suite 689 Suite 689 One Mercantile Center
Las Vegas, Nevada 89119 Las Vegas, Nevada 89119 St. Louis, Missouri 63101
(702) 598-3223 (702) 598-3223 (314) 552-6000
</TABLE>
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
December 16, 1999
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(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 Rule 13d-1(e), (f) or (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 being sent.
[FN]
<F*>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).
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Page 2 of 9 Pages
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SCHEDULE 13D
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
EXX INC.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F*>
(a) / /
(b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS<F*>
WC
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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 OF ORGANIZATION
Nevada
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7 SOLE VOTING POWER
NUMBER OF -0-
SHARES -------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 652,200
REPORTING -------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH
-0-
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10 SHARED DISPOSITIVE POWER
652,200
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
652,200
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES<F*> / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.25%<F*>
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14 TYPE OF REPORTING PERSON<F*>
CO
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[FN]
<F*>SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 3 of 9 Pages
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SCHEDULE 13D
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1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David A. Segal
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<F*>
(a) / /
(b) / /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS<F*>
PF
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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 OF ORGANIZATION
United States
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7 SOLE VOTING POWER
NUMBER OF 24,000
SHARES -------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
EACH 652,200
REPORTING -------------------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH
24,000
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10 SHARED DISPOSITIVE POWER
652,200
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
676,200
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES<F*> / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
13.74%<F*>
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14 TYPE OF REPORTING PERSON<F*>
IN
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[FN]
<F*>SEE INSTRUCTIONS BEFORE FILLING OUT!
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Page 4 of 9 Pages
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ITEM 1. SECURITY AND ISSUER:
No change.
ITEM 2. IDENTITY AND BACKGROUND:
No change.
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Page 5 of 9 Pages
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ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION:
EXX Inc. purchased 55,900 shares of Newcor Common Stock using cash on
hand.
ITEM 4. PURPOSE OF TRANSACTION:
No change.
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Page 6 of 9 Pages
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER:
(a) EXX may be deemed to be the beneficial owner of 652,200 shares of
Newcor Common Stock, representing 13.25% of the 4,920,834 shares of Newcor
Common Stock issued and outstanding as of November 10, 1999. As the
controlling shareholder of EXX, Mr. Segal may be deemed to share indirect
beneficial ownership of the shares reported by EXX. Mr. Segal disclaims all
such beneficial ownership to such shares owned by EXX. Mr. Segal owns 24,000
shares of Newcor Common Stock in his own name. Mr. Segal acknowledges
beneficial ownership of these 24,000 shares.
(b) EXX and Mr. Segal may be deemed to have shared voting and
dispositive power with respect to 652,200 shares of Newcor Common Stock,
representing 13.25% of the 4,920,834 shares of Newcor Common Stock issued and
outstanding as of November 10, 1999. Mr. Segal has sole voting and disposition
power with respect to 24,000 shares of Newcor Common Stock, representing
0.49% of the 4,920,834 shares of Newcor Common Stock issued and outstanding
as of November 10, 1999.
(c) Between December 3, 1999 and December 17, 1999, EXX made a series
of acquisitions of Newcor Common Stock:
(1) On December 3, 1999, EXX purchased 7,900 shares at $2.750
per share. The transaction was effected by Merrill Lynch on
the open market.
(2) On December 3, 1999, EXX purchased 10,000 shares at $2.500 per
share. The transaction was effected by Merrill Lynch on the
open market.
(3) On December 7, 1999, EXX purchased 2,000 shares at $2.875
per share. The transaction was effected by Merrill Lynch on
the open market.
(4) On December 7, 1999, EXX purchased 10,100 shares at $3.000
per share. The transaction was effected by Merrill Lynch on
the open market.
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Page 7 of 9 Pages
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(5) On December 9, 1999, EXX purchased 3,300 shares at $2.750
per share. The transaction was effected by Merrill Lynch on
the open market.
(6) On December 10, 1999, EXX purchased 2,400 shares at $2.750 per
share. The transaction was effected by Merrill Lynch on the
open market.
(7) On December 10, 1999, EXX purchased 5,000 shares at $2.875 per
share. The transaction was effected by Merrill Lynch on the
open market.
(8) On December 13, 1999, EXX purchased 3,000 shares at $2.750 per
share. The transaction was effected by Merrill Lynch on the
open market.
(9) On December 14, 1999, EXX purchased 600 shares at $2.625 per
share. The transaction was effected by Merrill Lynch on the
open market.
(10) On December 15, 1999, EXX purchased 1,200 shares at $2.625 per
share. The transaction was effected by Merrill Lynch on the
open market.
(11) On December 16, 1999, EXX purchased 900 shares at $2.500 per
share. The transaction was effected by Merrill Lynch on the
open market.
(12) On December 16, 1999, EXX purchased 5,000 shares at $2.625 per
share. The transaction was effected by Merrill Lynch on the
open market.
(13) On December 17, 1999, EXX purchased 4,500 shares at $2.500 per
share. The transaction was effected by Merrill Lynch on the
open market.
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Page 8 of 9 Pages
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER:
None
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Page 9 of 9 Pages
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ITEM 7. MATERIAL TO BE FILED AS EXHIBITS:
None.
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.
Dated December 17, 1999 EXX Inc.
By: /s/ David A. Segal
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David A. Segal, Chairman
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.
Dated December 17, 1999 /s/ David A. Segal
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David A. Segal
[FN]
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<F*>Computational note: Based upon 4,920,834 shares of Newcor Common Stock
outstanding as of November 10, 1999.
