UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.1)*
Butler International Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
123649105
(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 ("SC")
Morton H. Sachs ("MHS")
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
Joint filing pursuant to Rule 13d-1 (f)(1) See Item 2 (b) x
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Louisville, Kentucky USA
NUMBER OF 5. SOLE VOTING POWER 390,500
SHARES
BENEFICIALLY 6. SHARED VOTING POWER 0
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER 390,500
REPORTING PERSON
WITH 8. SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
390,500
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
5.75%
12. TYPE OF REPORTING PERSON*
SC-IA MHS-IN
<PAGE>
Cusip No.123649105 13G Page 2 of 3 Pages
Schedule 13G Additional Information
Item #
1. (a) Name of Issuer:
Butler International Inc.
(b) Address of Issuer's Principal Executive Offices:
110 Summit Avenue
P.O. Box 460
Montvale, NJ 07645
2. (a) Name of Person Filing:
Morton H. Sachs & Co. DBA The Sachs Company ("SC") and Morton H.
Sachs ("MHS"), the controlling shareholder of SC. This schedule
relates to the same securities. Each person is individually
eligible to use this schedule and has executed the Agreement
attached as to that effect. SEE EXHIBIT A.
(b) Address of Principal Business Office for Each of the Above:
1346 South Third Street
Louisville, KY 40208
(c) Citizenship:
SC- A Kentucky Corporation
MHS- USA
(d) Title of Class of Securities:
Common Stock
(e) CUSIP Number:
123649105
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) [x] 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: 390,500
(b) Percent of Class: 5.75%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote 390,500
(ii) shared power to vote or to direct the vote None
(iii) sole power to dispose or to direct the
disposition of 390,500
(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.123649105 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:
See Items 2 and 3.
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 certify that, to the best of
their 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.
Date: February 12, 1998 Date: February 12, 1998
Morton H. Sachs & Co. DBA The Sachs Company
Signature: By /s/ Morton H. Sachs Signature: /s/ Morton H. Sachs
Morton H. Sachs, President Morton H. Sachs
NOTE No. 1: Each of the reporting persons hereby disclaims beneficial ownership
of the above shares, and the filing of this statement shall not be
construed as an admission that any of the reporting persons is the
beneficial owner of the shares covered by this statement.
EXHIBIT A
---------
AGREEMENT
The undersigned hereby agree that the statement on Schedule G to
which this is attached as Exhibit A is filed on behalf of each
of the undersigned.
Date: February 12, 1998 Morton H. Sachs & Co. DBA The Sachs Company
-----------------
by: /s/Morton H. Sachs
Morton H. Sachs, President
Date: February 12, 1998 /s/ Morton H. Sachs
----------------- Morton H. Sachs
