UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16. Form
4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person
EGS Management, LLC
350 Park Avenue, 11th Floor
New York, New York 10022
2. Issuer Name and Ticker or Trading Symbol
AEP Industries, Inc.
AEPI
3. IRS Number of Reporting Person (Voluntary)
4. Statement for Month/Year
10/00
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s)to Issuer (Check all
applicable)
( ) Director (X) 10% Owner* ( ) Officer (give title
below) ( ) Other (specify below)
7. Individual or Joint/Group Filing (check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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<TABLE>
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED,
DISPOSED OF, OR BENEFICIALLY OWNED
<S> <C> <C> <C> <C> <C> <C>
1. Title of Security| 2. Transaction| 3. Transaction| 4. Securities | 5. Amount of | 6. Ownership |7. Nature of |
(Instr. 3) | Date | Code | Acquired (A) | Securities | Form: | Indirect |
| | (Instr. 8) | or Disposed | Beneficially | Direct (D) | Beneficial|
| (Month/ | | of (D) | Owned at End | or Indirect| Ownership |
| Day/ | | (Instr. 3,4, | of Month | (I) | (Instr. 4)|
| Year) | | and 5) | (Instr. 3 and 4)| (Instr. 4) | |
| | | | |(A) or| | | | |
| | Code | V | Amount|(D) |Price| | | |
_________________________________________________________________________________________________________________________________
Common Stock (See attached Schedule B) 1,122,233 I (1)
</TABLE>
<TABLE>
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TABLE II -- DERIVATIVE SECURITIES ACQUIRED,
DISPOSED OF, OR BENEFICIALLY OWNED
<S> <C> <C> <C> <C> <C> <C>
1. Title of | 2. Conver- | 3. Trans- | 4. Trans- | 5. Number of | 6. Date Exer- | 7. Title and Amount |
Derivative | sion or | action | action | Derivative | cisable and | of Underlying |
Security | Exercise | Date | Code | Securities | Expiration | Securities |
(Instr. 3) | Price of | (Month/ | (Instr. | Acquired | Date | (Instr. 3 and 4) |
| Deri- | Date/ | 8) | (A) or | (Month/Day/ | |
| vative | Year) | | Disposed of | Year) | |
| Security | | | (D) (Instr. | | |
| | | | 3, 4 and 5) | | |
| | |____________|_________________|___________________|_____________________|
| | | | | | | | | | |
| | | | | | | Date | Expira- | | Amount or |
| | | | | | | Exer- | tion | | Number of |
| | | Code | V | (A) | (D) | cisable | Date | Title | Shares |
___________________|_____________|____________|______|_____|________|________|_________|_________|________|____________|
</TABLE>
<TABLE>
<S> <C> <C> <C>
<PAGE>
| 8. Price of | 9. Number of | 10. Ownership | 11. Nature of |
| Derivative | derivative | Form of | Indirect |
| Security | Securities | Derivative | Beneficial |
| (Instr. 5) | Benefi- | Security | Ownership |
| | cially | Direct (D) | (Instr. 4) |
| | Owned at | or Indirect | |
| | End of | (I) (Instr. | |
| | Month | 4) | |
| | (Instr. 4) | | |
|_______________________|___________________|___________________|_________________|
</TABLE>
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Explanation of Responses:
* The securities to which this note relates are held by
partnerships of which EGS Management, LLC is the general
partner. The undersigned is a managing member of EGS
Management, LLC. In accordance with Instruction 4(b)(iv)
the entire amount of the Issuer's securities held by the
partnerships is reported herein. The undersigned disclaims
any beneficial ownership of any of the Issuer's securities
to which this note relates for purposes of Section 16 of
the Securities Exchange Act of 1934, as amended, except as
to securities representing the undersigned's pro-rata
partnership interest in, and interest in the profits of,
the partnerships.
Signature of Reporting Person:
/s/William Ehrman
__________________________
William Ehrman, Managing Member
Date: October 19, 2000
**** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See U.S.C. 1001 and 15 U.S.C.
78ff(a).
Note: File three copies of this Form, one of which must be
manually signed. If space is sufficient, see Instruction 6 for
procedure.
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Schedule A
<S> <C> <C> <C>
Trade Date Transaction Type Quantity Price Per Share
10/3/00 BUY 100 33.86
10/4/00 BUY 100 33.81
10/5/00 BUY 200 33.91
10/6/00 BUY 100 34.00
10/9/00 BUY 100 33.99
10/10/00 BUY 100 33.97
10/11/00 BUY 100 33.91
10/12/00 BUY 151 33.92
10/13/00 BUY 276 34.02
10/16/00 BUY 156 34.06
10/18/00 BUY 100 33.93
10/19/00 BUY 100 34.07
10/20/00 BUY 100 34.01
10/23/00 BUY 100 34.03
10/24/00 BUY 100 34.16
10/26/00 BUY 100 34.16
10/27/00 BUY 100 34.21
10/30/00 BUY 36 34.24
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00126001.AJ5
