SACHS MORTON H & CO /KY/ /ADV
SC 13G, 1997-02-18
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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                  SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                               (Amendment No. 2)*

                            Meris Laboratories Inc.
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                                   589848100
                                 (CUSIP Number)

*The remainder of this cover 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 subsquenent 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).

1.  NAME OF REPORTING PERSON
    S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        Morton H. Sachs & Co. DBA The Sachs Company

2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                     (a)
        N/A                                                               (b)

3.  SEC USE ONLY

4.  CITIZENSHIP OR PLACE OF ORGANIZATION
        Kentucky

NUMBER OF               5.  SOLE VOTING POWER                         1,774,500
SHARES
BENEFICIALLY            6.  SHARED VOTING POWER                               0
OWNED BY
EACH                    7.  SOLE DISPOSITIVE POWER                    1,774,500
REPORTING PERSON
WITH                    8. SHARED DISPOSITIVE POWER                           0

9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
        1,774,500

10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
        N/A

11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
        22.2%

12.   TYPE OF REPORTING PERSON*
        IA





<PAGE>

Cusip No.589848100                      13G                 Page 2 of 3 Pages

Schedule 13G Additional Information

Item #
1. (a)  Name of Issuer:
         Meris Laboratories Inc.

   (b)  Address of Issuer's Principal Executive Offices:
         2890 Zanker Road
         San Jose, CA  95134

2. (a)  Name of Person Filing:
         Morton H. Sachs & Co. DBA The Sachs Company ("SC")

   (b)  Address of Principal Business Office for Each of the Above:
         1346 South Third Street
         Louisville, KY  40208

   (c)  Citizenship:
         A Kentucky Corporation

   (d)  Title of  Class of  Securities:
         Common Stock

   (e)  CUSIP Number:
         589848100

3.  This statement is filed pursuant to Rule 13d-1(b), or 13d-2(b).  The person 
    filing is a:
    (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) [x] Investment Adviser registered under section 203 of the Investment 
            Advisers Act of 1940
    (f) [ ] Employee Benefit Plan, Pension Fund which is subject to the 
            provsions of the Employee Retirement Income Security Act of 1974 
            or Endowment Fund
    (g) [ ] Parent Holding Company, in accordance with 240.13d-1(b)(ii)(G) 
            (Note: See Item 7)  The Sachs Company is an investment adviser  
            registered under Section 203 of the Investment Advisers Act of 
            1940 and Morton H. Sachs is an individual controlling shareholder 
            thereof reporting under Rule 13d-1(b) (ii) (G).
    (h) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(H)

4. Ownership:
    (a) Amount Beneficially Owned:                                    1,774,500
    (b) Percent of Class:                                                22.2%
    (c) Number of shares as to which such person has:
         (i)   sole power to vote or to direct the vote               1,774,500
         (ii)  shared power to vote or to direct the vote               None
         (iii) sole power to dispose or to direct the disposition of  1,774,500
         (iv)  shared power to dispose or to direct the disposition of  None

5. Ownership of Five Percent or Less of a Class:
         N/A


<PAGE>




CUSIP NO.589848100                      13G                  Page 3 of 3 Pages

Schedule 13G Additional Information  (continued)

Item #
6.  Ownership of More than Five Percent on Behalf of Another Person:
         N/A

7.  Identification and Classification of the Subsidiary Which Acquired the
    Security Being Reported on by the Parent Holding Company:
         N/A

8.  Identification and Classification of Members of the Group:
         N/A

9.  Notice of Dissolution of  Group:
          N/A

10. Certification:

          By signing below, the undersigned certifies that, to the best of its
          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 purpose or effect.

          SEE NOTE No. 1 BELOW

          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:    As of December 10, 1996


Signature:  Dated On:  February 12, 1997
            Morton H. Sachs, President
            Morton H. Sachs & Co. DBA The Sachs Company
            By /s/ Morton H. Sachs

NOTE No. 1:  The reporting person hereby disclaims beneficial ownership of
             1,584,500 shares of the above shares, and the filing of this
             statement shall not be construed as an admission that the
             reporting person is the beneficial owner of the 1,584,500 covered
             by this statement.


 


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