<PAGE>
================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(a) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(a) (1)
(Amendment No. 8) (2)
Quipp, Inc.
----------------
(Name of Issuer)
Common Stock, par value $.01 per share
(Title of Class of Securities)
748802-10
--------------
(CUSIP Number)
June 2, 1999
------------
(Date of Event Which Requires Filing of this Statement)
Kenneth G. Langone
375 Park Avenue
New York, New York 10152
--------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
If the filing person has previously filed a statement on schedule 13G
to report the acquisition that is the subject of this Schedule 13D, and
is filing this Schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g),
check the following box |_|
Note: Schedules filed in paper format shall include a signed original and two
copies of the Schedule including all exhibits. See Rule 13(d)-7(b) for other
parties to whom copies are to be sent.
- ------------
1 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.
2 This Amendment No. 8 amends that Schedule 13D, as amended, filed on behalf of
Kenneth G. Langone, successor-in-interest to North-South Investors II, with the
Securities and Exchange Commission on November 16, 1989.
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 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).
================================================================================
<PAGE>
CUSIP Number 748802-10 Page 2 of 5 Pages
13D
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Kenneth G. Langone
- ------ ------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)
(b) X
- ------ ------------------------------------------------------------------------
3. SEC USE ONLY
- ------ ------------------------------------------------------------------------
4. SOURCE OF FUNDS AF
- ------ ------------------------------------------------------------------------
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEM 2(d) or 2(e) |_|
- ------ ------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION United States of America
- ------ ------------------------------------------------------------------------
NUMBER OF 7. SOLE VOTING POWER
SHARES 176,048 shares
BENEFICIALLY
OWNED BY EACH
REPORTING
PERSON WITH
- ----------------------- ------- ------------------------------------------------
8. SHARED VOTING POWER 0
- ----------------------- ------- ------------------------------------------------
9. SOLE DISPOSITIVE POWER 176,048
- ----------------------- ------- ------------------------------------------------
10. SHARED DISPOSITIVE POWER 0
- ----------------------- ------- ------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
176,048
- ------ ------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* |_|
- ------ ------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
9.3 %
- ------ ------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON* IN
- ------ ------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
CUSIP Number 748802-10 Page 3 of 5 Pages
Schedule 13D
Item 3. Source and Amount of Funds or other Consideration
In May and June of 1999, Invemed Associates LLC conducted the following open
market transactions:
<TABLE>
<CAPTION>
Date Purchased No. Shares Purchased Price Per Share Total Consideration
-------------- -------------------- --------------- -------------------
<S> <C> <C> <C>
May 11 1,000 $ 14 $ 14,000
May 12 1,100 14 15,400
May 13 250 14 3,500
May 14 3,000 14 42,000
May 18 2,000 14 28,000
May 19 2,000 14 28,000
May 21 900 14 12,600
May 24 600 13.875 8,325
May 26 3,348 13.875 46,453.5
May 27 3,600 13.875 49,950
June 1 1,000 13.9375 13,937.5
June 2 1,400 13.9375 19,512.5
June 3 2,500 13.75 34,375
June 4 2,000 13.75 27,500
June 11 2,000 13.375 26,750
June 14 1,350 13.375 18,056.25
June 15 1,500 13.25 19,875
</TABLE>
An aggregate total of $408,234.75 was disbursed as consideration in the
aforementioned transactions. All such funds were obtained from the working
capital of Invemed Associates LLC.
Item 4. Purpose of Transactions.
Acquisition of securities of the issuer by Invemed Associates LLC is for
investment purposes only. There are no plans or proposals for the acquisition of
securities of the issuer other than for investment purposes.
<PAGE>
CUSIP Number 748802-10 Page 4 of 5 Pages
Item 5. Interest in Securities of the Issuer.
(a) Kenneth G. Langone beneficially owns 176,048 shares of Quipp, Inc. Common
Stock, which is 9.3% of the aggregate total of Quipp, Inc. Common Stock
outstanding. Such amount includes 74,948 shares of Quipp, Inc. Common Stock
owned by Invemed Associates LLC. Mr. Langone owns 81% of Invemed Associates LLC
and is the managing director.
(b) Mr. Langone has sole power to vote or direct the vote of the reported shares
of Quipp Common Stock. Mr. Langone has sole power to dispose of or direct the
disposition of the reported shares of Quipp Common Stock.
(c) Except as set forth in this amendment, Mr. Langone is not aware, to the best
of his knowledge, of any other reportable transactions up to the filing date of
this amendment.
<PAGE>
CUSIP Number 748802-10 Page 5 of 5 Pages
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.
June 21, 1999
------------------
(Date)
/s/ Kenneth G. Langone
---------------------------
(Signature)
Kenneth G. Langone
---------------------------
(Name/Title)
