Person authorized to receive communications:
Mr. Steven C. Kleinman
George Weiss Associates, Hartford, CT 06103
(860) 247-2018
Date of event requiring filing: September 10, 1996
Schedule 13D
Reporting person: George Weiss
Associates, Inc.
George Weiss Profit Sharing Plan IOU Limited
Associates, Inc. Trust Dated 12/1/78 Partnership
06-0985075 06-0995549 06-1358011
Member of group: yes yes yes
Source of funds: WC WC WC
Location: Connecticut Connecticut Connecticut
Shares owned with:
Sole voting power 192,700 251,600
Shared voting power 30,500
Sole dispositive 192,700 251,600
Shared dispositive 30,500
Total owned 192,700 251,600 30,500
% of class owned 2.04% 2.66% .32%
Reporting entity: BD EP PN
Information Section
Item 1. Security and issuer
Title of class of equity securities: Common
Principal Officers:
Richard L. Fisher 605 Third Avenue, 23rd Flr., New York, NY 10158
Martin Edelman 605 Third Avenue, 23rd Flr., New York, NY 10158
Ron E. Jackson 605 Third Avenue, 23rd Flr., New York, NY 10158
Kenneth J. Weber 605 Third Avenue, 23rd Flr., New York, NY 10158
Douglas H. Verner 605 Third Avenue, 23rd Flr., New York, NY 10158
Item 2. Identity and Background
Name Principal Business
George Weiss Associates, Inc. Securities broker-dealer
George Weiss Associates, Inc. Profit Employee profit sharing plan
Sharing Plan Trust Dated 12/1/78
IOU Limited Partnership Investment company
George A. Weiss President,George Weiss Associates,
Inc., general partner in above
investment company, and trustee of
above employee profit sharing plan
The above entities were all organized in Connecticut and are located
at One State Street, Hartford, CT 06103. None of the persons associated
with the above entities has been convicted in a criminal proceeding,
nor has been a party to a civil proceeding concerning securities laws.
Item 3. Source and Amount of Funds or Other Considerations
The source of funds for purchases came from the capital of each
entity. The amount of funds used to make purchases totals $11,427,341.
None of these funds were borrowed or otherwise obtained.
Item 4. Purpose of Transaction
The purpose of the transaction is for investment purposes only.
Item 5. Interest in Securities of the Issuer
a) Common Stock
Entity Owned in the Percent of
Aggregate Outstanding
George Weiss Associates, Inc. 192,700 2.04%
George Weiss Associates, Inc. Profit 251,600 2.66%
Sharing Plan Trust Dated 12/1/78
IOU Limited Partnership 30,500 .32%
Shared voting
b) Sole voting and and depositive
Entity depositive power power
George Weiss Associates, Inc. 192,700 none
George Weiss Associates, Inc. Profit 251,600 none
Sharing Plan Trust Dated 12/1/78
IOU Limited Partnership none 30,500
c)
George Weiss Associates, Inc.
07/12/96 Bought 7,500 shares @ 15.50 per share
07/15/96 Bought 10,000 shares @ 15.50 per share
07/17/96 Bought 5,200 shares @ 13.88 per share
07/19/96 Bought 8,000 shares @ 15.16 per share
07/22/96 Bought 15,000 shares @ 15.25 per share
07/23/96 Bought 15,000 shares @ 14.72 per share
08/07/96 Bought 5,100 shares @ 16.25 per share
08/09/96 Bought 7,000 shares @ 16.38 per share
08/13/96 Bought 5,000 shares @ 16.25 per share
08/14/96 Bought 5,000 shares @ 16.25 per share
08/15/96 Bought 10,000 shares @ 15.75 per share
08/15/96 Bought 5,000 shares @ 15.50 per share
08/16/96 Bought 10,000 shares @ 16.62 per share
08/16/96 Bought 10,000 shares @ 16.41 per share
08/19/96 Bought 11,200 shares @ 16.58 per share
08/20/96 Bought 8,000 shares @ 16.38 per share
08/26/96 Bought 2,800 shares @ 16.88 per share
08/29/96 Bought 400 shares @ 17.00 per share
08/30/96 Bought 5,000 shares @ 17.25 per share
09/03/96 Bought 5,000 shares @ 17.00 per share
09/06/96 Bought 5,000 shares @ 17.00 per share
09/10/96 Bought 10,000 shares @ 17.36 per share
George Weiss Associates, Inc. Profit
Sharing Plan Trust Dated 12/1/78
07/11/96 Bought 2,200 shares @ 15.89 per share
07/16/96 Bought 5,000 shares @ 13.75 per share
07/17/96 Bought 5,000 shares @ 13.88 per share
07/18/96 Bought 5,000 shares @ 15.00 per share
07/23/96 Bought 10,000 shares @ 14.72 per share
07/24/96 Bought 6,000 shares @ 13.98 per share
07/25/96 Bought 17,500 shares @ 14.96 per share
07/31/96 Bought 6,900 shares @ 14.01 per share
07/31/96 Bought 900 shares @ 14.50 per share
08/06/96 Bought 16,000 shares @ 15.58 per share
08/15/96 Bought 5,000 shares @ 15.75 per share
08/15/96 Bought 5,000 shares @ 15.50 per share
08/16/96 Bought 10,000 shares @ 16.62 per share
08/16/96 Bought 5,000 shares @ 16.41 per share
08/19/96 Bought 11,300 shares @ 16.58 per share
08/20/96 Bought 5,000 shares @ 16.38 per share
08/21/96 Bought 2,100 shares @ 16.86 per share
08/21/96 Bought 25,000 shares @ 16.74 per share
08/22/96 Bought 1,300 shares @ 16.88 per share
08/28/96 Bought 4,400 shares @ 16.88 per share
09/04/96 Bought 10,000 shares @ 17.05 per share
09/05/96 Bought 5,000 shares @ 17.25 per share
09/09/96 Bought 15,000 shares @ 17.08 per share
09/10/96 Bought 8,500 shares @ 17.36 per share
IOU Limited Partnership
07/25/96 Bought 17,500 shares @ 14.96 per share
08/16/96 Bought 5,000 shares @ 16.62 per share
08/16/96 Bought 5,000 shares @ 16.41 per share
09/04/96 Bought 3,000 shares @ 17.05 per share
All above transactions were effected through established securities
exchanges.
d) No other persons are known to have the right to receive dividends
or the proceeds from the sale of securities.
e) not applicable
Item 6. Contracts, Arrangements, Understandings or Relationships with
Respect to Securities of the Issuer.
No such conditions exist with respect to the securities of the issuer.
The president of George Weiss Associates, Inc. is also a general
partner in the investment company, and is trustee for the employee
profit sharing plan.
Signature:
George Weiss Associates, Inc.
President George A. Weiss
George Weiss Associates, Inc. Profit
Sharing Plan Trust Dated 12/1/78
Trustee George A. Weiss
IOU Limited Partnership
General Partner George A. Weiss