UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 2)
DAMARK INTERNATIONAL INC.
(Name of issuer)
Common Stock
(Title of class of securities)
235691102
(CUSIP number)
December 31, 1999
(Date of Event which requires filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
schedule is filed:
|X| Rule 13d-1 (b)
| | Rule 13d-1 (c)
| | Rule 13d-1 (d)
James A. Capezzuto with copies to:
Legal Officer Kevin Keogh, Esq.
Deutsche Asset Management White & Case LLP
885 Third Avenue 1155 Avenue of the Americas
New York, NY 10022-4802 New York, NY 10036
212-250-9543 212-819-8227
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(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
<PAGE>
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CUSIP No. 235691102 13G
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Deutsche Asset Management
IRS ID: 13-3315378
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
N/A
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, U.S.A.
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NUMBER OF SHARES 5 SOLE VOTING POWER
37,300
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 0
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING 138,750
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PERSON WITH 8 SHARED DISPOSITIVE POWER
0
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
138,750
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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)
2.5%
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12 TYPE OF REPORTING PERSON
IA
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<PAGE>
Item 1(a). Name of Issuer:
DAMARK INTERNATIONAL INC.
Item 1(b). Address of Issuer's Principal Executive Offices:
7101 Winnetka Avenue North
Minneapolis, Minnesota 55428
Item 2(a). Name of Person Filing:
See Item 1 of the cover page attached hereto.
Item 2(b). Address of Principal Business Office or, if none, Residence:
885 Third Avenue, Suite 3200
New York, NY 10022-4802
Item 2(c). Citizenship:
See Item 4 of the cover page attached hereto.
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
235691102
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b) or (c), check whether the person filing is a:
(a) |_| 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 of 1940;
(e) |X| An investment adviser in accordance with Rule 13d-1
(b)(1)(ii)(E);
(f) |_| An employee benefit plan, or endowment fund in
accordance with Rule 13d-1 (b)(1)(ii)(F);
(g) |_| A parent holding company or control person in
accordance with Rule 13d-1 (b)(1)(ii)(G);
(h) |_| A savings association as defined in section 3(b) of
the Federal Deposit Insurance Act;
(i) |_| A church plan that is excluded from the
definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940;
(j) |_| Group, in accordance with Rule 13d-1 (b)(1)(ii)(J).
If this statement is filed pursuant to Rule 13d-1 (c), check
this box. |_|
Item 4. Ownership.
(a) Amount beneficially owned:
See Item 9 of the cover page attached hereto.
(b) Percent of class:
See Item 11 of the cover page attached hereto.
(c) Number of shares as to which such person has (i) sole
power to vote or to direct the vote, (ii) shared
power to vote or to direct the vote, (iii) sole power
to dispose or to direct the disposition of, or (iv)
shared power to dispose or to direct the disposition
of:
See Items 5 through 8 of the cover page attached
hereto.
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 persons have ceased to be the beneficial owners of
more than five percent of the class of securities check the following [x].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
<PAGE>
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.
<PAGE>
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.
Dated: February 14, 2000
DEUTSCHE ASSET MANAGEMENT
By: /s/ James A. Capezzuto
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Name: James A. Capezzuto
Title: Legal Officer & Vice President
