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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
ASTREX, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
046357208
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(CUSIP Number)
Michael McGuire,
205 Express Street,
Plainview, NY 11803
(516) 433-1700
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
December 12, 1997
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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
disclosures provided in a prior cover page.
The information required on 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).
Potential persons who are to respond to the collectives of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
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CUSIP No. 046357208 13D
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1 NAME OF REPORTING PERSONS
S.S OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS.
Michael McGuire ss# ###-##-#### Joanne McGuire ss# ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
Not Applicable
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) OR 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF | 7 | SOLE VOTING POWER Michael McGuire 152,438
SHARES | | Joanne McGuire 90,537
BENEFICIALLY | |
OWNED BY | 8 | SHARED VOTING POWER N/A
EACH | |
REPORTING | 9 | SOLE DISPOSITIVE POWER see 7 above
PERSON WITH | |
| 10 | SHARED DISPOSITIVE POWER N/A
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
Michael McGuire 152,438
Joanne McGuire 90,537
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.45%
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14 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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Schedule 13D
CUSIP 046357-20-8
Michael McGuire
Item 1. Security and Issuer.
Astrex, Inc. Common Stock
Item 2. Identity and Background.
(a) Michael McGuire and Joanne F. McGuire
(b) 205 Express Street, Plainview, NY 11803
(c) Michael McGuire is President, CEO and a director of
Astrex, Inc. of 205 Express Street,
Plainview, NY 11803.
Joanne McGuire is Mr. McGuire's spouse.
(d) Neither party has been involved in any criminal
proceedings.
(e) Neither party has been involved in any civil actions
or proceedings.
(f) Both Mr. & Mrs. McGuire are U.S. citizens.
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Item 3. Source and Amount of Funds or Other Consideration.
No funds or other consideration were involved. The filing of
this 13D is occasioned by Astrex, Inc. repurchasing shares,
which resulted in fewer shares of stock outstanding. As a
result, Mr. & Mrs. McGuire's ownership percentage increased
to greater than 5% of the Company.
Item 4. Purpose of Transaction.
Not Applicable (See Item #3 above). The McGuire's hold their
existing shares for long-term investing purposes.
Item 5. Interest in Securities of the Issuer.
(a) In aggregate, Mr. & Mrs. McGuire, own or control two
hundred and fory-two thousand nine hundred and
seventy five (242,975) shares of Astrex, Inc. common
stock, representing approximately 5.45% of the four
million four hundred and sixty one-thousand and
seven hundred and seventy seven (4,461,777) shares
outstanding.
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(b) Michael McGuire has the sole power to vote, and sole
power to dispose or direct the disposition of one
hundred and fifty two thousand four hundred and
thirty eight (152,438) shares.
Joanne F. McGuire has the sole power to vote, and
sole power to dispose or direct the disposition of
ninety thousand five hundred and thirty seven
(90,537) shares.
(c) Not Applicable (See Item #3 above).
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships With
Respect to Securities of the Issuer.
None.
Item 7. Material to be Filed as Exhibits.
None.
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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.
12/30/97 /s/ MICHAEL MCGUIRE
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Date Michael McGuire
President
12/30/97 /s/ JOANNE MCGUIRE
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Date Joanne McGuire
The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the statement is
signed on behalf of a person by his authorized representative (other than an
executive officer or general partner of the filing person), evidence of the
representative's authority to sign on behalf of such person shall be filed
with the statement, provided, however that a power of attorney for this
purpose which is already on file with the Commission may be incorporated by
reference. The name and any title of each person who signs the statement shall
be typed or printed beneath his signature.
Attention: Intentional misstatements or omissions of fact constitute Federal
criminal violations (See 18 U.S.C. 1001).
