UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Institutional Investment Manager Filing this Report:
Name: ValueQuest/TA, LLC
Address: 18 Sewall Street
Marblehead, MA 01945
13F File Number: 28-1699
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables are considered integral parts of
this form.
SCHEDULE 13G
Amendment No.
Magellan Health Services, Inc.
Common Stock
CUSIP #559079108
Date of Event Which Requires Filing of this Statement: Nov. 1, 1999
Item 1: Reporting Person - ValueQuest/TA, LLC 04-2753987
Item 4: Commonwealth of Massachusetts
Item 5: 845,100
Item 6: None
Item 7: 935,900
Item 8: None
Item 9: 935,900
Item 11: 2.9%
Item 12: IA
SCHEDULE 13G - TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULE 13d-1(b)
Item 1(a). Name of Issuer:
Magellan Health Services, Inc.
Item 1(b). Name of Issuer's Principal Executive Offices:
6950 Columbia Gateway Drive
Columbia, MD 21046
Item 2(a). Name of Person Filing:
ValueQuest/TA, LLC
Item 2(b). Address of Principal Business Office:
18 Sewall Street
Marblehead, MA 01945
Item 2(c). Citizenship:
Not applicable
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
559079108
Item 3(e). This statement is filed pursuant to Rule 13d-1(b)
and the person filing is an investment adviser in
accordance with Rule 240.13d-1(b)1)(ii)(E).
Item 4. Ownership
(a) Amount beneficially owned: 935,900
(b) Percent of class: 2.9%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 845,100
(ii) Shared power to vote or to direct the vote: 0
(iii)Sole power to dispose or to direct the disposition of: 935,900
(iv) Shared power to dispose or to direct the disposition of: 0
Item 5. Ownership of Five Percent or Less of a Class.
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.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
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 Group
Not applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired and are held in the
ordinary course of business and were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control
of the issuer of the securities and were not acquired and are not held
in connection with or as a participant in any transaction having that
purpose 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.
Date: November 9, 1999
Signature:
Name/Title:Terrence B. Magrath, CEO
