<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
SYNTELLECT, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
87161L105
(CUSIP Number)
MICHAEL D. KAUFMAN 2471 E. BAYSHORE RD. #520, PALO ALTO, CA 94303,
(415-424-0151)
(Name, Address, and Telephone Number of Person Authorized to Receive Notices
and Communications)
2/7/97
(Date of Event which Requires Filing of this Statement)
<PAGE> 2
SCHEDULE 13D
CUSIP NO. 87161L105 PAGE 2 OF 8 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MK GVD Fund, a California Limited Partnership 94-3189969
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(a) or 2(b) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,070,000
NUMBER OF ----------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,070,000
PERSON ----------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,070,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 3
SCHEDULE 13D
CUSIP NO. 87161L105 PAGE 3 OF 8 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MK GVD Management, a California Limited Partnership 94-3189968
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
NA
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(a) or 2(b) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
1,070,000
NUMBER OF ----------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 0
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 1,070,000
PERSON ----------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,070,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 4
SCHEDULE 13D
CUSIP NO. 87161L105 PAGE 4 OF 8 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael D. Kaufman ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
PF (for shares w/sole voting and dispositive power)
WC (for shares w/shared voting and dispositive power)
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(a) or 2(b) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
100,000
NUMBER OF ----------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 1,070,000
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 100,000
PERSON ----------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,070,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,170,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.7%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 5
SCHEDULE 13D
CUSIP NO. 87161L105 PAGE 5 OF 8 PAGES
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gregory P. Lahann ###-##-####
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- --------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(a) or 2(b) [ ]
- --------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
- --------------------------------------------------------------------------------
7 SOLE VOTING POWER
0
NUMBER OF ----------------------------------------------------------
SHARES 8 SHARED VOTING POWER
BENEFICIALLY 1,070,000
OWNED BY ----------------------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING 0
PERSON ----------------------------------------------------------
WITH 10 SHARED DISPOSITIVE POWER
1,070,000
- --------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,070,000
- --------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.0%
- --------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE> 6
SCHEDULE 13D
ITEM 1. SECURITY AND ISSUER
Common Stock
Syntellect, Inc.
1000 Holcomb Woods Pkwy
Roswell, GA 30076-2585
ITEM 2. IDENTITY AND BACKGROUND
(A) MK GVD Fund (MKGVDF)
MK GVD Management (MKGVDM)
Michael D. Kaufman (Kaufman)
Gregory P. Lahann (Lahann)
(b) 2471 E. Bayshore Rd., Suite 520
Palo Alto, CA 94303
c) MKGVDF: Venture Capital Fund
MKGVDM: General partner entity of MKGVDF
Kaufman: management of venture capital funds.
Lahann: management of venture capital funds.
(d) None
(e) None
(f) MKGVDF and MKGVDM: California Limited Partnerships
Kaufman and Lahann: USA
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
MKGVDF: Working capital; $4,153,386
MKGVDM: N/A (beneficial owner only)
Kaufman: Personal Funds: $414,250 (for 100,000 shares purchased directly); N/A
(for remainder of shares - beneficial owner only)
Lahann: N/A (beneficial owner only)
<PAGE> 7
ITEM 4. PURPOSE OF TRANSACTION
Investment.
(a) None
(b) None
(c) None
(d) None
(e) None
(f) None
(g) None
(h) None
(i) None
(j) None
ITEM 5. INTEREST IN SECURITIES OF ISSUER
(a) MKGVDF: 1,070,000 shares Common Stock (8.0% of class)
MKGVDM: 1,070,000 shares Common Stock (8.0% of class)
Kaufman: 1,170,000 shares Common Stock (8.7% of class)
Lahann: 1,070,000 shares Common Stock (8.0% of class)
(b) MKGVDF: sole power to vote or to direct the vote of, and to dispose or
to direct the disposition of, 1,070,000 shares.
MKGVDM: sole power to vote or to direct the vote of, and to dispose or
to direct the disposition of, 1,070,000 shares.
Kaufman: sole power to vote or to direct the vote of, and to dispose
or to direct the disposition of, 100,000 shares; shared power to vote
or to direct the vote of, and to dispose or to direct the disposition
of, 1,070,000 shares.
Lahann: shared power to vote or to direct the vote of, and to dispose
or to direct the disposition of, 1,070,000 shares.
(c) MKGVDF: Open market purchase for cash of 20,000 shares on 12/17/96 at
$4.23 per share; Private purchase for cash of 1,050,000 shares at $3
7/8 per share on 12/30/96 from Bull HN Information Systems, Inc..
MKGVDM: Beneficial owner of above shares owned by MKGVDF.
Kaufman: Open market purchase for cash of 75,000 shares from 12/17/96
to 12/27/96 at an average price of $4.19 per share; Open market
purchase for cash of 25,000 shares on 2/7/97 at $4.00 per share.
Lahann: Beneficial owner of above shares owned by MKGVDF.
(d) N/A.
(e) N/A.
<PAGE> 8
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
N/A.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
N/A
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.
February 14, 1997 /s/ Michael D. Kaufman
- ---------------------------- -----------------------------------------
Date Michael D. Kaufman,
individually, and on behalf of
MKGVD Fund in his capacity as a
general partner of MKGVD
Management, which is the general
partner of MKGVD Fund, and on
behalf of MKGVD Management,
in his capacity as a general partner
thereof.
/s/ Gregory Lahann
-----------------------------------------
Gregory Lahann,
individually, and on behalf of
MKGVD Fund in his capacity as a
general partner of MKGVD
Management, which is the general
partner of MKGVD Fund, and on
behalf of MKGVD Management,
in his capacity as a general partner
thereof.
