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UNITED STATES OMB Number: 3235-0145
SECURITIES AND EXCHANGE COMMISSION Expires:December 31,1997
Washington, D.C. 20549 Estimated average burden
hours per response 14.90
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SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _______________)
Matrix Capital Corp.
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(Name of Issuer)
Common Stock, $.0001 par value
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(Title of Class of Securities)
576819 10 6
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(CUSIP Number)
*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>
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CUSIP No. 913708 10 3 13G Page 2 of 6 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Piper Jaffray Companies Inc.
41-1233380
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) _
(a) |_|
_
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
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5 SOLE VOTING POWER
-0-
NUMBER OF
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SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,512,930
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
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WITH 8 SHARED DISPOSITIVE POWER
1,512,930
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,512,930
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) |_|
Not Applicable
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
22.567%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
HC
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<PAGE>
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CUSIP No. 913708 10 3 13G Page 3 of 6 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Piper Jaffray Inc.
41-0953246
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) _
(a) |_|
_
(b) |_|
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Delaware
- --------------------------------------------------------------------------------
5 SOLE VOTING POWER
-0-
NUMBER OF
-------------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 1,512,930
-------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON -0-
-------------------------------------------------------
WITH 8 SHARED DISPOSITIVE POWER
1,512,930
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,512,930
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS) |_|
Not Applicable
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
22.567%
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12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
BD
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<PAGE>
Item 1.
(a) Name of Issuer
Matrix Capital Corp.
(b) Address of Issuer's Principal Executive Offices
1380 Lawrence Street
Suite 1400
Denver, Colorado 80204
Item 2.
(a) Names of Persons Filing
Piper Jaffray Companies Inc.
Piper Jaffray Inc.
(b) Address of Principal Business Office or, if None, Residence
222 South Ninth Street
Minneapolis, Minnesota 55402
(c) Citizenship of Persons Filing
State of Delaware
(d) Title of Class of Securities
Common Stock, $.0001 par value
(e) CUSIP Number
576819 10 6
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b), check
whether the person filing is a:
_
(a) |X| Broker or Dealer registered under section 15 of the Act
_
(b) |_| Bank as defined in section 3(a)(6) of the Act
_
(c) |_| Insurance Company as defined in section 3(a)(19) of the Act
_
(d) |_| Investment Company registered under section 8 of the
Investment Company Act
_
(e) |_| Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
_
(f) |_| Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)
_
(g) |X| Parent Holding Company, in accordance with Section
240.13d-1(b)(ii)(G) (Note: See Item 7)
_
(h) |_| Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
<PAGE>
Item 4. Ownership by Piper Jaffray Inc.
(a) Amount Beneficially Owned
1,512,930
(b) Percent of Class
22.567%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
-0-
(ii) shared power to vote or to direct the vote
1,512,930
(iii) sole power to dispose or to direct the disposition of
-0-
(iv) shared power to dispose or to direct the disposition of
1,512,930
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following |_|.
Not Applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
These securities are held in customer accounts over which Piper Jaffray
Inc. ("PJI"), a wholly owned subsidiary of Piper Jaffray Companies Inc. has
investment discretion and, as to certain matters, voting power. Guy A. Gibson, a
client of PJI, owns 867,296 of such shares and D. Mark Spencer, a client of PJI,
owns 645,534 of such shares. Mr. Gibson and Mr. Spencer each has the right to
receive and the power to direct the receipt of dividends from, or the proceeds
from the sale of, his respective securities.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Piper Jaffray Inc., a broker dealer that is a wholly owned subsidiary of
Piper Jaffray Companies Inc., holds the securities on behalf of clients.
Item 8. Identification and Classification of Members of the Group
Not Applicable
Item 9. Notice of Dissolution of Group
Not Applicable
<PAGE>
Item 10. Certification
By signing below we certify that, to the best of our 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.
February 18, 1998
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Date
PIPER JAFFRAY COMPANIES, INC.
By /s/AnnDrea M. Benson
PIPER JAFFRAY, INC.
By /s/AnnDrea M. Benson
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f)(1) under the Securities Exchange Act of
1934, as amended, each of the undersigned hereby agrees to the joint filing of
the attached statement on Schedule 13G and to all amendments to such statement
and that such statement and all amendments to such statement is made on behalf
of each of them.
IN WITNESS WHEREOF, the undersigned hereby execute this agreement on
February 18, 1998.
PIPER JAFFRAY COMPANIES, INC.
By /s/AnnDrea M. Benson
PIPER JAFFRAY, INC.
By /s/AnnDrea M. Benson
