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UNITED STATES --------------------------
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
Pancho's Mexican Buffet, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
698304 10 2
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(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ]. (A fee
is not required only if the filing 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).
*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 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).
Page 1 of 4 pages
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CUSIP No. 698304 10 2 13G Page 2 of 4 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carolina Saenz Arrambide
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP *
(See Instructions) (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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5 SOLE VOTING POWER
NUMBER OF
239,922
SHARES -------------------------------------------------
6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY N/A
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
239,922
PERSON ------------------------------------------------
8 SHARED DISPOSITIVE POWER
WITH
N/A
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
239,922
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES *
N/A
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.45%
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12 TYPE OF REPORTING PERSON *
OO
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* SEE INSTRUCTION BEFORE FILLING OUT!
Page 2 of 4 pages
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CUSIP NO. 698304 10 2 Page 3 Of 4
SCHEDULE 13 G
ITEM 1(a) Name of Issuer:
Pancho's Mexican Buffet, Inc.
ITEM 1(b) Address of Issuer's Principal Executive Offices:
3500 Noble Avenue, Fort Worth, TX 76111
ITEM 2(a) Name of Person Filing:
Caroline Sanez Arrambide
ITEM 2(b) Address of Principal Business Office, or, if none,
Residence:
3116 Westador Drive, Arlington, Texas 76015
ITEM 2(c) Citizenship:
United States
ITEM 2(d) Title of Class of Securities:
Common Stock
ITEM 2(e) CUSIP Number:
698304 10 2
ITEM 3 If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
N/A
ITEM 4 Ownership:
See Items 5 through 11 of Cover Page
ITEM 5 Ownership of Five Percent or Less of a Class:
N/A
ITEM 6 Ownership of More Than Five Percent on Behalf of Another
Person:
N/A
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CUSIP NO. 698304 10 2 Page 4 of 4
ITEM 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
N/A
ITEM 8 Identification and Classification of Members of the Group:
N/A
ITEM 9 Notice of Dissolution of Group:
N/A
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.
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.
Dated: May 26, 1998
Signature /s/ CAROLINA SAENZ ARRAMBIDE
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Name/Title Carolina Saenz Arrambide