ATARI CORP
SC 13G/A, 1996-02-21
ELECTRONIC COMPUTERS
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                          UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                     Washington, D. C. 20549

                          SCHEDULE 13-G

            Under the Securities Exchange Act of 1934

                       (Amendment No.  1 )
  
                                   Atari Corporation          
                         (Name of Issuer)

                5.25% Convertible Bond due April 29, 2002                
                  (Title of Class of Securities)

                                        
                                      046515-AA-0
                          (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
reporting the 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 and
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).

                                                                           
                                                                    




SEC 1745 (2/92)


    









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          Name of reporting person:  Ryback Management Corporation
          I.R.S.  Identification  No. of  Above Entity 43-1615580


          Check Appropriate Box  if  a member of a group*


3.       SEC use only


4.       Citizenship or Place of Organization

            Michigan                  

Number of     5.             Sole Voting Power

Shares                        847,533 shares resulting from the conversion
                                 of 13,676,000 convertible bonds due 2002
 
Beneficially  6.            Shared Voting Power            

Owned by                      9,995 shares resulting from the conversion
                                 of 150,000 convertible bonds due 2002 

Each          7.            Sole Dispositive Power

Reporting                      838,338 shares resulting from the conversion
                                of 13,676,000 convertible bonds due 2002

Person With   8.            Shared Dispositive Power
                              
                               9,195 shares resulting from the conversion
                                 of 150,000 convertible bonds due 2002         
 
                                                              
9.   Aggregate Amount Beneficially owned by each reporting person:

     838,338 converted shares held by Lindner Dividend Fund
       9,195 converted shares managed by Ryback Management Corporation

10.  Check Box if the Aggregate amount in Row (9) excludes certain shares


11.  Percent of  Class Represented by Amount in Row  (9)
    
         1.1% fully diluted 

12.  Type of Reporting Person

 IA - Ryback Management Corporation   IV - Lindner Investment Series Trust



sec 1745 (6-80) 
                         SEE INSTRUCTION BEFORE FILLING OUT!

<PAGE>
<PAGE> 3

                              SEC 13G
                             SECURITIES AND EXCHANGE COMMISSION
                             SCHEDULE 13g Amendment No. 1
Item 1(a)   Name of Issuer:

             Atari Corporation
            
Item 1(b)   Address of Issuer's Principal Executive Offices:
                 
            1196 Borregas Avenue
             Sunnyvale, CA 94089
            
Item 2(a)   Name of Person Filing:

            Ryback Management Corporation

Item 2(b)   Address of Principal Business Office:

            7711 Carondelet Ave., Box 16900, St. Louis, MO 63105
  
Item 2(c)  Citizenship:

            Michigan

Items 2(d)  Title and Class of Securities:

            5.25% convertible bond due 2002

Item 2(e)   CUSIP:

            046515-AA-0
           
Item 3)     If this statement is filed pursuant to Rule 13d-1(b) or, 13d-2(b),
            check whether the person filing is a:
 
  [X] Investment Company registered under Section 8 of the Investment Company
 Act  (LINDNER INVESTMENT SERIES TRUST)

  [X] Investment Company Adviser registered under Section 203 of the
   Investment Advisers Act of 1940     (RYBACK MANAGEMENT CORPORATION)

Item 4   Ownership:
         The Shares listed below were held in a fiduciary capacity by   
         Ryback Management Corp. and/or Lindner Investment Series Trust
         as of December 31, 1995:
     
  (A) Amount beneficially owned: 838,533 converted shares held by Lindner
                Dividend Fund and 9,195 converted shares managed by Ryback 
                Management Corporation
  (B) Percent of class: 1.1%
  (C) Number of shares as to which such subject COMPANY has:
         (1)sole power to vote or direct to vote: 838,533
         (2)shared power to vote or direct to vote:   9,195
         (3)sole power to dispose of or direct disposition of: 838,533
         (4)shared power to dispose or direct disposition of: 9,195

 Instruction:  For computation regarding securities which represent the right 
               to acquire an underlying security see Rule 13d-3(d)(1).






<PAGE> 4


     
Item 5.  Ownership of Five Percent or Less of a Class
         
         Lindner Dividend Fund (formerly Lindner Dividend Fund, Inc),
         in an initial filing inadvertently reported ownership in excess 
         of five percent.  Recalculation indicates that Lindner Dividend 
         Fund is not the beneficial owner of more than five percent of the
         outstanding class of shares. 

Item 6.  Ownership of More than Five Percent on Behalf of Another Person.
          
        
Item 7.  Identification and Classification of the Subsidiary which Acquired
         the Security Being Reported On By the Parent Holding Company.
          See Item 3

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 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 purposes or
          effect.


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 16, 1996


                              Eric E. Ryback, President
                              Ryback Management Corporation
                              Lindner Investment Series Trust
                              (314) 727-5305
                                           
                                                   




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