PINNACLE SYSTEMS INC
8-K, 2000-07-27
PHOTOGRAPHIC EQUIPMENT & SUPPLIES
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


                             Current Report Pursuant
                          to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported) July 11, 2000



                             Pinnacle Systems, Inc.
--------------------------------------------------------------------------------
             (Exact Name Of Registrant As Specified In Its Charter)


                                   California
--------------------------------------------------------------------------------
                 (State or Other Jurisdiction of Incorporation)


             0-24784                                    94-3003809
--------------------------------            ------------------------------------
     (Commission File Number)               (I.R.S. Employer Identification No.)


280 North Bernardo Ave., Mountain View, CA.                 94043
--------------------------------------------------------------------------------
 (Address of Principal Executive Offices)                (Zip Code)


                                 (650) 237-1600
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              (Registrant's Telephone Number, Including Area Code)


                                       N/A
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          (Former Name or Former Address, if Changed Since Last Report)


ITEM 5.  Other

     On July 11, 2000,  Pinnacle Systems,  Inc.  ("Pinnacle Systems")  announced
preliminary sales and earnings for the fourth quarter of fiscal 2000.

     On July 20, 2000,  Pinnacle Systems  announced that it was aware of a press
release  announcing  the filing of a  securities  class action  lawsuit  against
Pinnacle  Systems and certain of its officers  and that the Company  intended to
defend this action.

     On July 25, 2000,  Pinnacle  Systems  announced  financial  results for the
fourth quarter of fiscal 2000, which ended June 30, 2000.


<PAGE>


ITEM 7.  EXHIBITS


Item No.           Description
--------           -----------

99.1               Press  Release  dated  July  11,  2000  --  Pinnacle  Systems
                   Announces  Preliminary  Sales  and  Earnings  for the  Fourth
                   Quarter of Fiscal 2000.

99.2               Press Release dated July 20, 2000  --  Pinnacle Systems Inc.,
                   Denies Allegations in Lawsuit

99.3               Press Release dated July 25, 2000 -- Pinnacle Systems Reports
                   Financial Results for the Fourth Quarter of Fiscal 2000.





                                    SIGNATURE

    Pursuant to the  requirements  of the  Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

Dated:  July 26, 2000                   PINNACLE SYSTEMS, INC.

                                        By: /s/ Mark L. Sanders
                                            ----------------------
                                            Mark L. Sanders, President and Chief
                                            Executive Officer


                                        By: /s/ Arthur D. Chadwick
                                            ----------------------
                                            Arthur D. Chadwick, Vice President,
                                            Finance and Administration and
                                            Chief Executive Officer




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