UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
ADVANCED MARKETING SERVICES, INC.
COMMON
(Name of Issuer)
00753T105
(CUSIP Number)
Check the following box if a fee is being paid with this statement p. (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 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).
SCHEDULE 13G
CUSIP 00753T105
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kahn Brothers & Co., Inc. 13-2948997
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) p
(b) x
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
555 Madison Avenue, 22nd Floor
New York, New York 10022
5. SOLE VOTING POWER 0
6. SHARED VOTING POWER 0
7. SOLE DISPOSITIVE POWER 0
8. SHARE DISPOSITIVE POWER 731,775
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON 731,775
10. CHECK BOX IF THE AGGREATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
13.09%
12 TYPE OF REPORTING PERSON*
IA