Cusip 307068106
Item 1: Reporting Person: Arnhold and S. Bleichroeder, Inc. (Tax Id. 134959915)
Item 4: State Of New York
Item 5: 714,500
Item 6: None
Item 7: 714,500
Item 8: None
Item 9: 714,500
Item 11: 8.24%
Item 12: BD
Cusip 307068106
Schedule 13 G (Cont.) Page 3 of 5
Item 1(a)- Name of Issuer: Famous Daves of America, Inc.
Item 1(b)- Address of Issuer's Principal Executive Offices:
12700 Industrial Park Blvd
Plymouth, MN 55441
Item 2(a)- Name of Person Filing: Arnhold and S. Bleichroeder, Inc.
Item 2(b)- Address of Principal Business Office: 1345 Ave of Americas
New York, NY 10105
Item 2(c)- Citizenship: New York, NY, USA (Place of Incorporation)
Item 2(d)- Title of Class of Securities: Common Stock
Item 2(e)- Cusip Number: 307068106
Item 3-This statement is being filed pursuant to Rule 13d-1(b).
The person filing is a:
(a) Broker or Dealer registered under Section 15 of the act; and
(e)-Investment Adviser registered under Section 203 of the
Investment Advisers Act of 1940.
Item 4(a) Amount beneficially owned: Arnhold and S. Bleichroeder, Inc. ("A &
SB") is the investment advisor for a number of investment companies (each a
"Fund"). Pursuant to its advisery agreement with each Fund, A & SB has sole
power to vote and dispose of the securities held by each Fund and is therefore
the beneficial owner, for the purposes of Rule 13d-3, of the securities held by
the Fund. A & SB may also be considered the beneficial owner, for the purposes
of Rule 13d-3, of the securities held in discretionary accounts (the
"Discretionary Accounts") for which A & SB acts as investment adviser. A & SB
has sole power to vote and dispose of the securities held in each Discretionary
Account. A & SB's decisions regarding voting and disposing of the securities
held in each Fund and in each Discretionary Account depend upon the relevant
investment objectives of the respective Discretionary Accounts and Funds and
other factors. A & SB disclaims the existence of a "group" among itself, the
Funds and the Discretionary Accounts for the purposes of Sections 13(d) and
13(g) of the Act.
Based upon the foregoing, Arnhold and S. Bleichroeder, Inc. may be considered
the beneficial owner, for the purpose of Rule 13d-3, of a total of 714,500
shares of the Issuer's common stock.
Cusip 307068106
Schedule G (Cont.) Page 4 of 5
Item 4(b) - Percent of Class: 8.24%
Item 4(c)- Number of Shares to which A & SB has: (i)--sole power to vote or to
direct the vote: 714,500 (ii)-shared power to vote or to direct the vote: -0-
(iii)sole power to dispose or to direct the disposition of: 714,500 (iv)-shared
power to dispose or to direct the disposition of -0-
Item 5 - Ownership of Five Percent or Less of a Class: Not Applicable
Item 6 - Ownership of More than Five percent on Behalf of Another Person:
Not Applicable
Item 7-Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company:
Not Applicable
Item 8-Identification and Classification of Members of the Group:
Not Applicable
Item 9-Notice of Dissolution of Group:
Not Applicable
Item 10 - Certification:
By signing below I certify that, to the best of my knowledge and belief, the
securities referred to above were acquired in the ordinary course of business
and were not acquired for the purpose of and do not have the effect of changing
or influencing the control of the issuer of such securities and were not
acquired in connection with or as a participant in any transaction having such
purposes or effect.
Cusip 307068106
Schedule G (Cont.) Page 5 of 5
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.
Date: February 12, 1998
ARNHOLD AND S. BLEICHROEDER, INC.
By: /S/ Ronald A. Bendelius
--------------------------------
Ronald A. Bendelius
Senior Vice President
By: /S/ William P. Casciani
-------------------------------
William P. Casciani
Senior Vice President
