SCHEDULE 13G
Amendment No. 1
American Business Financial
Services
Common Stock $.001 par value
Cusip 024-76B-10-6
Item 1: Reporting Person
Tiger Management L.L.C. Item
4: Delaware
Item 5: -0-
Item 6: -0-
Item 7: -0-
Item 8: -0-
Item 9: -0-
Item 11: 0%
Item 12: IA
Cusip # 024-76B-10-6
Item 1: Reporting Person
Tiger Performance L.L.C.
Item 4: Delaware
Item 5: -0-
Item 6: -0-
Item 7: -0-
Item 8: -0-
Item 9: -0-
Item 11: 0%
Item 12: IA
Cusip # 024-76B-10-6
Item 1: Reporting Person
Julian H. Robertson, Jr.
Item 4: U.S.
Item 5: -0-
Item 6: -0-
Item 7: -0-
Item 8: -0-
Item 9: -0-
Item 11: 0%
Item 12: IN
Item 1(a) American Business
Financial Services
Item 1(b) Balapointe Office
Centre, 111 Presidential
Blvd, Suite 215, Bala
Cynwyd, PA 19004
Item 2(a) This statement is
filed on behalf of Tiger
Management L.L.C.("TMLLC")
and Tiger Performance L.L.C.
("TPLLC"). Julian H.
Robertson, Jr. is the
ultimate controlling person
of TMLLC and TPLLC.
Item 2(b) The address of
each reporting person is 101
Park Avenue, New York, NY
10178
Item 2(c) Incorporated by
reference to item (4) of the
cover page pertaining to
each reporting person.
Item 2(d) Common Stock $.001
par value
Item 2(e) 024-76B-10-6
Item 3. TMLLC and TPLLC are
investment advisers
registered under Section 203
of the Investment Advisers
Act of 1940.
Item 4. Ownership is shared
with Wellington Management
Company, LLP and is
incorporated by reference to
items (5)-(9) and (11) of
the cover page pertaining to
each reporting person.
Item 5. The reporting persons
have ceased to be the beneficial
owners of more than five percent
of the class as of 12/31/99.
Item 6. Not applicable
Item 7. Not applicable
Item 8. Not applicable
Item 9. Not applicable
Item 10. 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
purpose or effect. 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 4, 2000
TIGER MANAGEMENT L.L.C.
/s/ Nolan Altman, Chief
Financial Officer
TIGER PERFORMANCE L.L.C.
/s/ Nolan Altman,
Chief Financial Officer
JULIAN H. ROBERTSON, JR. By:
/s/ Nolan Altman Under Power
of Attorney dated 1/11/00
On File with Schedule 13GA No. 3
for Bowater Incorporated 2/14/00,
Attached Exhibit
AGREEMENT
The undersigned agree that
this Schedule 13G Amendment
No. 1 dated February 4, 2000
relating to shares of common
stock of American Business
Financial Services shall be
filed on behalf of each of
the undersigned.
TIGER MANAGEMENT L.L.C.
/s/ Nolan Altman,
Chief Financial Officer
TIGER PERFORMANCE L.L.C.
/s/ Nolan Altman,
Chief Financial Officer
JULIAN H. ROBERTSON, JR. By:
/s/ Nolan Altman Under Power
of Attorney dated 1/11/00
On File with Schedule 13GA No. 3
for Bowater Incorporated 2/14/00,
Attached Exhibit