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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
VERILINK CORPORATION
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
923432 10 8
(CUSIP Number)
The information required on 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).
(Continued on following pages)
Page 1 of 5 Pages
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CUSIP No. 923432 10 8 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSON
S.S OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Steven C. Taylor
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
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5 SOLE VOTING POWER
150,000
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
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6 SHARED VOTING POWER
1,931,164
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7 SOLE DISPOSITIVE POWER
150,000
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8 SHARED DISPOSITIVE POWER
1,931,164
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,081,164
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[ ]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.9%
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12 TYPE OF REPORTING PERSON*
IN
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SCHEDULE 13G Page 3 of 5 Pages
STEVEN C. TAYLOR
ITEM 1.
(a) Name of Issuer: Verilink Corporation
(b) Address of Issuer's Principal Executive Offices:
145 Baytech Drive
San Jose, California 95134
ITEM 2.
(a) Name of Person Filing:
Steven C. Taylor
(b) Address of Principal Business Office or, if none, Residence:
145 Baytech Drive
San Jose, California 95134
(c) Citizenship: U.S.A.
(d) Title of Class Securities: Common Stock
(e) CUSIP Number: 000923432108
ITEM 3.
Not applicable.
ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned:
2,081,164 shares as of December 31, 1998. Includes 150,000 shares held
directly by Steven C. Taylor; 1,130,114 shares held by Steven S.
Taylor and Suzanne E. Taylor, Trustees of the Steven and Suzanne
Taylor Living Trust Agreement dated 6/2/88 (the "Living Trust
Shares"); 800,000 shares held by Oliver Corporation, a Nevada
Corporation of which Mr. Taylor is director and President and Steven
C. Taylor and Suzanne E. Taylor, Trustees of the Steven and Suzanne
Taylor Living Trust Agreement dated 6/2/88 is the sole shareholder
(the "Oliver Shares"); 1,050 shares owned by Baytech Associates, a
California general partnership in which Mr. Taylor has a 50% general
partner interest (the "Baytech Shares"). Steven C. Taylor and Suzanne
E. Taylor have voting and dispositive power over the Living Trust
Shares.
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SCHEDULE 13G Page 4 of 5 Pages
STEVEN C. TAYLOR
(b) Percent of Class: 14.9%, as of December 31, 1998.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
150,000
(ii) shared power to vote or to direct the vote:
1,931,164 shares (comprised of the Living Trust, the Oliver
Shares and the Baytech Shares).
(iii)sole power to dispose or to direct the disposition of:
150,000
(iv) shared power to dispose or to direct the disposition of:
1,931,164 shares (comprised of the Living Trust, the Oliver
Shares and the Baytech Shares).
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
ITEM 6.
Not applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
ITEM 9. NOTICE OF DISSOLUTION OF THE GROUP
Not applicable.
ITEM 10. CERTIFICATION
Not applicable.
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SCHEDULE 13G Page 5 of 5 Pages
STEVEN C. TAYLOR
SIGNATURE
After reasonable inquire 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 10, 1999
/s/ Steven C. Taylor
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Steven C. Taylor
