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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. 7 )*
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HEXCEL CORPORATION
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(Name of Issuer)
$.01 PAR VALUE COMMON STOCK
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(Title of Class of Securities)
428-290-100
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(CUSIP Number)
KENNETH L. FISHER, PRESIDENT, FISHER INVESTMENTS, INC.
13100 SKYLINE BLVD., WOODSIDE, CA 94062 415-851-3334
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
June 6, 1994
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13C to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box / /.
Check the following box if a fee is being paid with the statement / /. (A fee is
not required only if the reporting 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.)
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) 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).
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SCHEDULE 13D
CUSIP No. 428-290-100 Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
#94-3029777
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) / /
(b) / /
N/A
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3 SEC USE ONLY
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4 SOURCE OF FUNDS
00
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED / /
PURSUANT TO ITEMS 2(d) or 2(E)
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
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7 SOLE VOTING POWER
NUMBER OF
412,600
SHARES --------------------------------------------------------------
8 SHARED VOTING POWER
BENEFICIALLY
--00--
OWNED BY --------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
EACH
412,600
REPORTING --------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
PERSON
--00--
WITH
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
412,600
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
N/A
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.64%
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14 TYPE OF REPORTING PERSON
IA
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SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER
There is no title of class of equity purchased. Security is registered as $0.01
par value common stock. Security is identified by cusip #428-290-100.
Name and address of issuer:
Hexcel Corporation
11555 Dublin Boulevard
Dublin, California 94568
ITEM 2. IDENTITY AND BACKGROUND
(a) Fisher Investments, Inc.
(b) 13100 Skyline Blvd.
Woodside, CA 94062
Fisher Investments, Inc. was incorporated and is organized in the State of
California.
(c) Investment Advisor. The principle business of Fisher Investments, Inc. is
equity oriented fully discretionary money management.
(d) None.
(e) None.
(f) U.S.A.
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ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
Source of funds for purchase of security is a combination of pension plan
funds, individual client funds, trust and corporate funds--all under contract of
discretionary management to Fisher Investments, Inc. The full amount of funds to
purchase shares comes from these accounts and total purchase price is
$4,363,976.
None of these funds were borrowed or otherwise specially obtained to engage
in the acquisition of this security.
ITEM 4. PURPOSE OF TRANSACTION.
Our purpose in holding the shares is for investment purposes.
(a) - (j) N/A
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
(a) Fisher Investments, Inc. currently holds 412,600 shares of Hexcel
Corporation. This represents 5.64 percent of total shares outstanding of the
company.
(b) Fisher Investments, Inc. has sole voting power for 412,600 shares of Hexcel
Corporation, and sole dispositive power for 412,600 shares of Hexcel
Corporation.
(c) All transactions within the last 60 days are listed below and were effected
by Fisher Investments, Inc. Within that timeframe, 600 shares were sold or
issued to clients due to client terminations unrelated to this specific
security.
DATE # SHARES BOUGHT # SHARES SOLD PRICE PER SHARE
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6/ 6/94 600 3.25
(d) Not applicable.
(e) Not applicable.
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
Advisory contracts give Fisher Investments, Inc. discretion to effect
transactions in client accounts. Fisher Investments, Inc. is paid an investment
management fee, typically 1% annually of the market value of all securities
managed for clients.
ITEM 7. NO EXHIBITS.
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.
6/13/94
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Date:
/s/ Kenneth L. Fisher
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Fisher Investments, Inc.
by Kenneth L. Fisher, President
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