IMP INC
SC 13G/A, 1995-11-13
SEMICONDUCTORS & RELATED DEVICES
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                     SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549

                                SCHEDULE 13G

                 Under the Securities Exchange Act of 1934

                             (Amendment No. 9)

                                  IMP Inc.
                              (Name of Issuer)


                                Common Stock
                       (Title of Class of Securities)


                                449693-10-0
                           (former#: 459864-10-4)
                               (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).


                     (Continued on following pages(s))


<PAGE>



                                  SCHEDULE 13G

CUSIP NO.   449693-10-0

- --------------------------------------------------------------------------------

1)   Name of Reporting Person          Smith Barney Mutual Funds Management Inc.
     S.S. or I.R.S Identification      13-2616913
     No. of Above Person

- --------------------------------------------------------------------------------

2)   Check the Appropriate Box                    (a)
     if a Member of a Group                       ----------------------------
     (See Instructions)                           (b)
                                                  ----------------------------

- --------------------------------------------------------------------------------

3)   SEC Use Only

- --------------------------------------------------------------------------------

4)   Citizenship or Place of Organization                              Delaware

- --------------------------------------------------------------------------------

Number of Shares    (5)  Sole Voting Power                                    0
Beneficially Owned  (6)  Shared Voting Power                          1,750,000
by Each Reporting   (7)  Sole Dispositive Power                               0
Person with         (8)  Shared Dispositive Power                     1,750,000

- --------------------------------------------------------------------------------

9)   Aggregate Amount Beneficially
     Owned by Each Reporting Person                                   1,750,000

- --------------------------------------------------------------------------------

10)  Check if the Aggregate Amount
     in Row 9 Excludes Certain
     Shares (See Instructions)

- --------------------------------------------------------------------------------

11)  Percent of Class Represented
     by Amount in Row 9                                                     6.7%

- --------------------------------------------------------------------------------

12)  Type of Reporting Person                                                IA
     (See Instructions)

- --------------------------------------------------------------------------------

<PAGE>


                                SCHEDULE 13G

CUSIP NO.   449693-10-0

- ----------------------------------------------------------------------------

1)   Name of Reporting Person      Smith Barney Holdings Inc. 
     S.S. or I.R.S Identification  06-1274088
     No. of Above Person

- ----------------------------------------------------------------------------

2)   Check the Appropriate Box                    (a)
     if a Member of a Group                       --------------------------
     (See Instructions)                           (b)
                                                  ---------------------------

- -----------------------------------------------------------------------------

3)   SEC Use Only

- ----------------------------------------------------------------------------

4)   Citizenship or Place of Organization                           Delaware

- ----------------------------------------------------------------------------

Number of Shares    (5)  Sole Voting Power                                 0
Beneficially Owned  (6)  Shared Voting Power                       2,763,022
by Each Reporting   (7)  Sole Dispositive Power                            0
Person with         (8)  Shared Dispositive Power                  2,763,022

- ----------------------------------------------------------------------------

9)   Aggregate Amount Beneficially
     Owned by Each Reporting Person                                2,763,022

- ----------------------------------------------------------------------------

10)  Check if the Aggregate Amount
     in Row 9 Excludes Certain
     Shares (See Instructions)

- ----------------------------------------------------------------------------

11)  Percent of Class Represented
     by Amount in Row 9                                                10.7%

- ----------------------------------------------------------------------------

12)  Type of Reporting Person                                             CO
     (See Instructions)

- ----------------------------------------------------------------------------

<PAGE>

                                SCHEDULE 13G

CUSIP NO.   449693-10-0

- ----------------------------------------------------------------------------


  1) Name of Reporting Person      Travelers Group Inc.
                                   (formerly: The Travelers Inc.)
     S.S. or I.R.S Identification  52-1568099
     No. of Above Person


- ----------------------------------------------------------------------------

2)   Check the Appropriate Box                    (a)
     if a Member of a Group                       --------------------------
     (See Instructions)                           (b)
                                                  --------------------------

- ----------------------------------------------------------------------------

3)   SEC Use Only

- ----------------------------------------------------------------------------

4)   Citizenship or Place of Organization                           Delaware

- -----------------------------------------------------------------------------

Number of Shares    (5)  Sole Voting Power                                 0
Beneficially Owned  (6)  Shared Voting Power                       2,763,022
by Each Reporting   (7)  Sole Dispositive Power                            0
Person with         (8)  Shared Dispositive Power                  2,763,022

- -----------------------------------------------------------------------------

9)   Aggregate Amount Beneficially
     Owned by Each Reporting Person                                2,763,022

- -----------------------------------------------------------------------------

10)  Check if the Aggregate Amount
     in Row 9 Excludes Certain
     Shares (See Instructions)

- ----------------------------------------------------------------------------

11)  Percent of Class Represented
     by Amount in Row 9                                                10.7%

- ----------------------------------------------------------------------------

12)  Type of Reporting Person                                             HC
     (See Instructions)

- ----------------------------------------------------------------------------

<PAGE>

Item 1(a) Name of Issuer:

     IMP Inc. 


Item 1(b) Address of Issuer's Principal Executive Offices:

     2830 N. First Street
     San Jose, California 95134


Item 2(a) Names of Persons Filing:

     Smith Barney Mutual Funds Management Inc. ("MFM")

     Smith Barney Holdings Inc. ("SB Holdings")

     Travelers Group Inc. ("TRV")
     (formerly: The Travelers Inc.)

Item 2(b) Address of Principal Business Office or, if none, Residence:

     The address of the principal business office of each of MFM, SB Holdings 
     and TRV is:

      388 Greenwich Street
      New York, NY  10013


Item 2(c) Citizenship:

     MFM, SB Holdings and TRV are Delaware corporations.


Item 2(d) Title of Class of Securities:

     Common Stock


Item 2(e) CUSIP Number:

     449693-10-0

<PAGE>


Item 3.   If this statement is filed pursuant to Rules 13d-1(b), or 13d-
          2(b), check whether the person filing is a:

          (a)  [   ]  Broker or Dealer registered under Sec. 15 of the Act

          (b)  [   ]  Bank as defined in Sec. 3(a)(6) of the Act

          (c)  [   ]  Insurance Company as defined in Sec. 3(a)(19) of the
                      Act

          (d)  [   ]  Investment Company registered under Sec. 8 of the
                      Investment Company Act

          (e)  [ X ]  Investment Adviser registered under Sec. 203 of the
                      Investment Advisers Act of 1940

          (f)  [   ]  Employee Benefit Plan, Pension Fund which is subject
                      to the provisions of the Employee Retirement Income
                      Security Act of 1974 or Endowment Fund; see
                      Sec. 240.13d-1(b)(1)(ii)(F)

          (g)  [ X ]  Parent Holding Company, in accordance with Sec.
                      240.13d-1(b)(ii)(G)  (Note: See Item 7)

          (h)  [   ]  Group, in accordance with Sec. 240.13d-1(b)(1)(ii)(H)


Item 4. Ownership (as of September 30, 1995: Corrected)
                                             =========

          (a)  Amount Beneficially Owned:  See Item 9 of cover pages

          (b)  Percent of Class:  See Item 11 of cover pages

          (c)  Number of shares as to which such person has:

               (i)  sole power to vote or to direct the vote

               (ii)  shared power to vote or to direct the vote

               (iii)  sole power to dispose or to direct the disposition of

               (iv)  shared power to dispose or to direct the disposition of

          See Items 5-8 of cover pages

<PAGE>


Item 5. Ownership of Five Percent or Less of a Class

     If this statement is being filed to report the fact that as of the date
     hereof the reporting person has ceased to be the beneficial owner of
     more than five percent of the class of securities, check the following.
     [   ]


Item 6.  Ownership of More than Five Percent on Behalf of Another Person

     Not Applicable.


Item 7.   Identification and Classification of the Subsidiary Which Acquired
          the Security Being Reported on By the Parent Holding Company

     SB Holdings is the sole stockholder of MFM, and TRV is the sole
     stockholder of SB Holdings.


Item 8.  Identification and Classification of Members of the Group

     Not Applicable.


Item 9.  Notice of Dissolution of Group

     Not Applicable.

<PAGE>

Item 10.  Certification

     By signing below I certify that, to the best of my knowledge, 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.

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: November 9, 1995


                      SMITH BARNEY MUTUAL FUNDS MANAGEMENT INC.



                      By: /s/ Christina T. Sydor
                         ---------------------------
                         Name:  Christina T. Sydor
                         Title:   Secretary


                      SMITH BARNEY HOLDINGS INC.



                      By: /s/ Howard M. Darmstadter
                         ---------------------------
                         Name:  Howard M. Darmstadter
                         Title:   Assistant Secretary


                      TRAVELERS GROUP INC.



                      By: /s/ Charles J. Gallo, Jr.
                         ---------------------------
                         Name:  Charles J. Gallo, Jr.
                         Title:   Assistant Controller

<PAGE>

                       EXHIBIT INDEX TO SCHEDULE 13G
                       -----------------------------



EXHIBIT 1
- ---------

Agreement among MFM, SB Holdings
and TRV as to joint filing of
Schedule 13G


EXHIBIT 2
- ---------

Disclaimer of beneficial ownership by
SB Holdings and TRV








































                                 EXHIBIT 1
                                 ---------

                AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G
                --------------------------------------------


Each of the undersigned hereby affirms that it is individually eligible to
use Schedule 13G, and agrees that this Schedule 13G is filed on its behalf.


Date: November 9, 1995


                      SMITH BARNEY MUTUAL FUNDS MANAGEMENT INC.



                      By: /s/ Christina T. Sydor
                         ---------------------------
                         Name:  Christina T. Sydor
                         Title:   Secretary



                      SMITH BARNEY HOLDINGS INC.



                      By: /s/ Howard M. Darmstadter
                         ---------------------------
                         Name:  Howard M. Darmstadter
                         Title:   Assistant Secretary


                      TRAVELERS GROUP INC.



                      By: /s/ Charles J. Gallo, Jr.
                         ---------------------------
                         Name:  Charles J. Gallo, Jr.
                         Title:   Assistant Controller























                                 EXHIBIT 2
                                 ---------

                     DISCLAIMER OF BENEFICIAL OWNERSHIP
                     ----------------------------------

Each of the undersigned disclaims beneficial ownership of the securities
referred to in the Schedule 13G to which this exhibit is attached, and the
filing of this Schedule 13G shall not be construed as an admission that any
of the undersigned is, for the purpose of Section 13(d) or 13(g) of the
Securities Exchange Act of 1934,  as amended, the beneficial owner of any
securities covered by this Schedule 13G.


Date: November 9, 1995


                      SMITH BARNEY HOLDINGS INC.



                      By: /s/ Howard M. Darmstadter
                         ---------------------------
                         Name:  Howard M. Darmstadter
                         Title:   Assistant Secretary


                      TRAVELERS GROUP INC.



                      By: /s/ Charles J. Gallo, Jr.
                         ---------------------------
                         Name:  Charles J. Gallo, Jr.
                         Title:   Assistant Controller







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