UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Platronics, Inc.
(Name of Issuer)
Common Stock ($ .10 Par Value)
(Title of Class of Securities)
727652109
(CUSIP Number)
David W. Swartz, Esquire Stevens & Lee, 111 North Sixth Street,
Reading, Pennsylvania 19603 (610-478-2000)
(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)
July 24, 1997
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject of
this Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the
statement [ ]. (A fee is not required only if the reporting
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.)
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission. See Rule 13d-1(a) for other
parties to whom copies are to be sent.
*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 disclosures provided in
a prior cover page.
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).
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SCHEDULE 13D
CUSIP NO. 727652109
1. Sheridan Printing Company, Inc.
IRS Identification No.: 22-1631052
2. Check the appropriate box is a member of a group* (a) [ ]
(b) [ ]
3. SEC use only
4. Source of Funds*
WC
5. Check box if disclosure of legal proceedings is required
pursuant to Items 2(d) or 2(e) [ ]
6. Citizenship or place of organization
New Jersey
Number of Shares Beneficially Owned by Each Reporting Person With
7. Sole Voting Power
614,000
8. Shared Voting Power
0
9. Sole Dispositive Power
614,000
10. Shared Dispositive Power
0
11. Aggregate amount beneficially owned by each reporting person
614,000
12. Check box if the aggregate amount in row (11) excludes
certain shares* [ ]
13. Percent of class represented by amount in row (11)
67.5%
14. Type of reporting person*
CO
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SCHEDULE 13D
ITEMS 1, 2, 4, 6 and 7.
Reference is made to Items 1, 2, 4, 6 and 7 as set
forth in the Schedule 13D of the Reporting Person dated July 22,
1997, which Items are incorporated herein by reference.
Item 3. Source and Amount of Fund or Other Consideration.
The funds used by Sheridan in making a purchase of
shares of common stock of Platronics, to which this Schedule 13D
relates, amounted to $204,187.50. Such funds are derived from
the working capital of Sheridan.
Item 5. Interest in Securities of the Issuer.
(a) Based on 910,031 shares of Platronics common stock
outstanding on June 30, 1998, Sheridan may be deemed the
beneficial owner, in the aggregate, of 614,000 shares of
Platronics common stock. These 614,000 shares would represent
approximately 67.5% of Platronics shares of common stock
outstanding upon issuance, assuming that no other shares are
issued by Platronics, including shares issuable upon exercise of
any options outstanding for Platronics common stock. No person
identified in Item 2(a), (b) and (c) hereof is the beneficial
owner of any shares of common stock of Platronics.
(b) Sheridan will have sole power to vote or to direct
the vote and sole power to dispose or to direct the disposition
of any shares of Platronics common stock which Sheridan has
acquired.
(c) The following table sets forth transactions by
Sheridan in Platronics common stock over the prior sixty days.
Number Total
of Price
Shares Price Per
Acquired Per Share Purchase
7-23-97 5,000 1.625 8,125.00
7-23-97 1,000 1.8125 1,812.50
7-24-97 5,000 2.00 10,000.00
8-4-97 2,000 2.00 4,000.00
8-4-97 2,000 2.00 4,000.00
8-11-97 1,000 2.25 2,250.00
8-15-97 2,000 2.375 4,750.00
8-20-97 2,000 2.375 4,750.00
8-22-97 1,000 2.50 2,500.00
9-4-97 2,500 2.75 6,875.00
10-3-97 1,000 4.375 4,375.00
10-10-97 1,000 4.375 4,375.00
10-17-97 2,000 4.00 8,000.00
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10-20-97 500 4.00 2,000.00
10-31-97 2,000 4.00 8,000.00
11-17-97 2,000 4.50 9,000.00
11-18-97 1,000 4.50 4,500.00
11-21-97 1,000 4.50 4,500.00
2-20-98 1,000 3.00 3,000.00
2-27-98 5,000 2.25 11,250.00
4-15-98 1,000 2.50 2,500.00
5-27-98 10,000 2.25 22,500.00
5-29-98 1,000 2.625 2,625.00
6-15-98 1,000 3.00 3,000.00
6-22-98 1,000 3.25 3,250.00
6-26-98 2,500 3.625 9,062.50
7-13-98 3,000 3.4375 10,312.50
8-12-98 4,000 3.0625 12,250.00
8-20-98 10,000 3.0625 30,625.00
73,500 204,187.50
There were no other transactions in the common stock of
Platronics by either Sheridan or any person identified in
Item 2(a), (b) and (c) hereof during the sixty days preceding the
date of this Schedule 13D.
(d) No person other than Sheridan has the right to
receive or the power to direct the receipt of dividends from, or
the proceeds from the sale of, any shares of Platronics common
stock that may be deemed beneficially owned by Sheridan.
(e) Not applicable.
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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.
September 30, 1998 SHERIDAN PRINTING COMPANY, INC.
By /s/ James E. Sheridan
James E. Sheridan,
President <PAGE 4>
