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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 17, 1997
Commission file number: 0-20081
PruTech Research and Development Partnership III
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(Exact name of Registrant as specified in its charter)
California 77-0129484
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
440 Mission Court, Suite 250, Fremont, California 94539
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (510) 656-1855
N/A
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Former name, former address and former fiscal year,
if changed since last report.
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Item 2 - Aquisition or Disposition of Assets
During the period from August 28, 1997 through September 25, 1997, the
Registrant sold 55,900 shares of Kopin Corporation common stock on the open
market for an aggregate price of approximately $1,256,000. The sales resulted
in cumulative realized gains of approximately $838,000 and $795,000 for
financial reporting and income tax purposes, respectively. An unrealized gain
of approximately $455,000 relating to these shares (which was reported as a
separate component of partners' capital at June 30, 1997) was reversed as a
result of the sales.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
PruTech Research and Development Partnership III
By: R&D Funding Corp
A Delaware corporation, General Partner
By: /s/ Steven Carlino Date: September 30, 1997
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Steven Carlino
Vice President
Chief Accounting Officer for the Registrant