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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2 )
Egghead Inc.
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(Name of Issuer)
Common Stock
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(Title of class of securities)
282330109
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(CUSIP number)
Check the following box if a fee is being paid with this statement / / (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).
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).
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CUSIP No. 282330109 13G Page 2 of 8 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Morgan Stanley Group Inc.
IRS # 13-283-8891
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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
The state of organization is Delaware.
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,764,850 **
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
------------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
1,764,850 **
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,764,850 **
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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)
10.06%**
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12 TYPE OF REPORTING PERSON*
IA, CO
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* SEE INSTRUCTIONS BEFORE FILLING OUT !
** As of January 31, 1996
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CUSIP No. 282330109 13G Page 3 of 8 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Morgan Stanley Asset Management Limited
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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
Organized under the Laws of England
NUMBER OF 5 SOLE VOTING POWER
SHARES 0
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,759,250 **
-------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 0
-------------------------------------
PERSON WITH 8 SHARED DISPOSITIVE POWER
1,759,250 **
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,759,250 **
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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)
10.03%**
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12 TYPE OF REPORTING PERSON*
IA, CO
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* SEE INSTRUCTIONS BEFORE FILLING OUT !
** As of January 31, 1996
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CUSIP NO. 282330109 13G PAGE 4 OF 8 PAGES
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Item 1 (a) Name of Issuer
Egghead Inc.
Item 1 (b) Address of issuer's principal executive
offices
22011 S.E. 51st Street
P.O. Box 7004
Issaquah, WA 98027
Item 2 (a) Name of person filing
(a) Morgan Stanley Group Inc.
(b) Morgan Stanley Asset Management Limited
Item 2 (b) Principal business office
(a) 1585 Broadway
New York, New York 10036
(b) 25 Cabot Square
Canary Wharf
London E14 4QA
England
Item 2 (c) Citizenship
Incorporated by reference to
Item 4 of the cover page
pertaining to each reporting
person.
Item 2 (d) Title of class of Securities
Common Stock
Item 2 (e) Cusip No.
282330109
Item 3 (a) Morgan Stanley Group Inc. is (e) an Investment
Adviser registered
under section 203 of the Investment Advisers
Act of 1940.
(b) Morgan Stanley Asset Management Limited is (e)
an Investment Adviser registered under Section
203 of the Investment Advisers
Act of 1940.
Item 4 Ownership
Incorporated by reference to
Items (5) - (9) and (11) of
the cover page pertaining to
each reporting person.
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CUSIP NO. 282330109 13G PAGE 5 OF 8 PAGES
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Item 5 Ownership of 5 Percent or Less of a Class
Inapplicable
Item 6 Ownership of More than 5 Percent on Behalf of Another
Person
Accounts managed on a discretionary basis
by Morgan Stanley Asset Management Limited
a wholly owned subsidiary of Morgan
Stanley Group Inc., are known to have the
right to receive or the power to direct
the receipt of dividends from, or the
proceeds from, the sale of such
securities. No such account holds more
than 5 percent of the class.
Item 7 Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company
Inapplicable
Item 8 Identification and Classification of Members of the
Group
Inapplicable
Item 9 Notice of Dissolution of Group
Inapplicable
Item 10 Certification
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.
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CUSIP NO. 282330109 13G PAGE 6 OF 8 PAGES
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<TABLE>
<S> <C>
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.
Date : February 16, 1996
Signature :
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Name / Title : Peter A. Nadosy /Director Morgan Stanley Asset Management Limited
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MORGAN STANLEY ASSET MANAGEMENT LIMITED
Date : February 16, 1996
Signature :
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Name / Title : Edward J. Johnsen / Vice President Morgan Stanley & Co. Incorporated
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MORGAN STANLEY GROUP INC.
</TABLE>
<TABLE>
<CAPTION>
INDEX TO EXHIBITS PAGE
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<S> <C> <C>
EXHIBIT 1 Agreement to Make a Joint Filing 7
---------
EXHIBIT 2 Secretary's Certificate Authorizing Edward J. Johnsen 8
--------- to Sign on behalf of Morgan Stanley Group Inc.
</TABLE>
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CUSIP NO. 282330109 13G PAGE 7 OF 8 PAGES
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EXHIBIT 1 TO SCHEDULE 13G
FEBRUARY 16, 1996
MORGAN STANLEY GROUP INC. and MORGAN STANLEY ASSET MANAGEMENT
LIMITED hereby agree that, unless differentiated, this Schedule 13G
is filed on behalf of each of the parties.
MORGAN STANLEY ASSET MANAGEMENT LIMITED
BY:
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Morgan Stanley Asset Management Limited
Peter A. Nadosy /Director Morgan Stanley Asset Management Limited
MORGAN STANLEY GROUP INC.
BY:
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Morgan Stanley Group Inc.
Edward J. Johnsen/ Vice President Morgan Stanley & Co., Incorporated
<PAGE> 1
EXHIBIT 2 Page 8 of 8 Pages
MORGAN STANLEY
SECRETARY'S CERTIFICATE
I, Charlene R. Herzer, a duly elected and acting Assistant
Secretary of Morgan Stanley Group Inc., a corporation organized and existing
under the laws of the State of Delaware (the "Corporation"), certify that the
following resolutions were duly and validly adopted by a Consent in Lieu of a
Meeting of the Executive Committee of the Board of Directors of the Corporation
dated as of October 19, 1995 and that such resolutions are in full force and
effect on the date hereof:
RESOLVED, that the resolutions adopted on September 8, 1993
and April 17, 1995 relating to signatories to certain reports to be
filed with the Securities and Exchange Commission (the "SEC") are
superseded in their entirety by these resolutions and Stuart J. M.
Breslow, Robert G. Koppenol and Edward J. Johnsen are severally
authorized and directed to sign on behalf of the Corporation any
reports to be filed under Section 13 and Section 16 of the Securities
Exchange Act of 1934, as amended, and the rules and regulations
thereunder, with the Securities and Exchange Commission, such
authorizations to cease automatically upon termination of employment
with any affiliate of the Corporation; and
RESOLVED FURTHER, that all actions heretofore taken by Stuart
J. M. Breslow, Robert G. Koppenol and Edward J. Johnsen that are within
the authority conferred by the foregoing resolution are approved,
ratified and confirmed in all respects.
RESOLVED, that any and all actions to be taken, caused to be
taken or heretofore taken by any officer of the Corporation in
executing any and all documents, agreements and instruments and in
taking any and all steps (including the payment of all expenses) deemed
by such officer as necessary or desirable to carry out the intents and
purposes of the foregoing resolutions are authorized, ratified and
confirmed.
IN WITNESS WHEREOF, I have hereunto set my name and affixed
the seal of the Corporation as of the 20th day of October, 1995.
/S/ Charlene R. Herzer
------------------------------------
CHARLENE R. HERZER
ASSISTANT SECRETARY
[SEAL]
