UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Forstmann & Company, Inc.
(Name of Issuer)
Common Stock, $.001 par value
(Title of Class of Securities)
346592702
(CUSIP Number)
Check the following box if a fee is being paid with this statement / /. (A fee
is not required only if the filing 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).
*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.
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 ("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).
Page 1 of 4 pages
<PAGE>
Schedule 13G
CUSIP No. 346592702
Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harris Associates Investment Trust,
Series Designated The Oakmark Fund CIK 0000872323
36-3764846
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
N/A / /
(b)
/ /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --
5 SOLE VOTING POWER None
6 SHARED VOTING POWER 403,000
7 SOLE DISPOSITIVE POWER None
8 SHARED DISPOSITIVE POWER 403,000
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
403,000
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.2%
12 TYPE OF REPORTING PERSON*
IV
Page 2 of 4 Pages
<PAGE>
Item 1(a) Name of Issuer:
Forstmann & Company, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices.
1185 Avenue of the Americas
New York, New York 10036
Item 2(a) Name of Person Filing:
Harris Associates Investment Trust,
Series Designated The Oakmark Fund
Item 2(b) Address of Principal Business Office:
Two North LaSalle Street, Suite 500
Chicago, Illinois 60602
Item 2(c) Citizenship:
The filing person is a Massachusetts business trust.
Item 2(d) Title of Class of Securities:
Common Stock, $.001 par value
Item 2(e) CUSIP Number:
346592702
Item 3 Type of Person:
(d) Investment company registered under section 8 of the
Investment Company Act
Item 4 Ownership (at December 31, 1993):
(a) Amount owned "beneficially" within the meaning of
rule 13d-3:
403,000
(b) Percent of class:
7.2%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none
(ii) shared power to vote or to direct the vote:
403,000
(iii) sole power to dispose or to direct the
disposition of: none
(iv) shared power to dispose or to direct
disposition of: 403,000
Item 5 Ownership of Five Percent or Less of a Class:
N/A
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
N/A
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
N/A
Item 8 Identification and Classification of Members of the Group:
N/A
Item 9 Notice of Dissolution of Group:
N/A
Item 10 Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
Page 3 of 4 pages
<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.
Date: February 10, 1994
Harris Associates Investment Trust,
Series Designated The Oakmark Fund
By:/s/ Victor A. Morgenstern
Victor A. Morgenstern
President
Page 4 of 4 Pages
********************
END AMENDMENT 1
********************
ORIGINAL SCHEDULE 13G
********************
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Forstmann & Company, Inc.
(Name of Issuer)
Common Stock, $.001 par value
(Title of Class of Securities)
346592702
(CUSIP Number)
Check the following box if a fee is being paid with this statement /X/. (A fee
is not required only if the filing 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).
*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.
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 ("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).
Page 1 of 4 pages
<PAGE>
Schedule 13G
CUSIP No. 346592702
Page 2 of 4 Pages
1 NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Harris Associates Investment Trust,
Series Designated The Oakmark Fund
36-3764846
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
N/A / /
(b)
/ /
3 SEC USE ONLY
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH --
5 SOLE VOTING POWER 367,000
6 SHARED VOTING POWER None
7 SOLE DISPOSITIVE POWER 367,000
8 SHARED DISPOSITIVE POWER None
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
367,000
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
N/A
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.57%
12 TYPE OF REPORTING PERSON*
IV
Page 2 of 4 Pages
<PAGE>
Item 1(a) Name of Issuer:
Forstmann & Company, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices.
1185 Avenue of the Americas
New York, New York 10036
Item 2(a) Name of Person Filing:
Harris Associates Investment Trust,
Series Designated The Oakmark Fund
Item 2(b) Address of Principal Business Office:
Two North LaSalle Street, Suite 500
Chicago, Illinois 60602
Item 2(c) Citizenship:
The filing person is a Massachusetts business trust.
Item 2(d) Title of Class of Securities:
Common Stock, $.001 par value
Item 2(e) CUSIP Number:
346592702
Item 3 Type of Person:
(d) Investment company registered under section 8 of the
Investment Company Act
Item 4 Ownership (at December 31, 1992):
(a) Amount owned "beneficially" within the meaning of
rule 13d-3:
367,000
(b) Percent of class:
6.57%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
367,000
(ii) shared power to vote or to direct the vote:
none
(iii) sole power to dispose or to direct the
disposition of: none
(iv) shared power to dispose or to direct
disposition of: 367,000
Item 5 Ownership of Five Percent or Less of a Class:
N/A
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
N/A
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
N/A
Item 8 Identification and Classification of Members of the Group:
N/A
Item 9 Notice of Dissolution of Group:
N/A
Item 10 Certification:
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose
of and do not have the effect of changing or influencing the
control of the issuer of such securities and were not acquired in
connection with or as a participant in any transaction having
such purpose or effect.
Page 3 of 4 pages
<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.
Date: February 12, 1993
Harris Associates Investment Trust,
Series Designated The Oakmark Fund
By:/s/ Joseph E. Braucher
Joseph E. Braucher
Secretary and Treasurer
Page 4 of 4 Pages
