<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)
CHARTWELL LEISURE INC.
(Name of Issuer)
Common Stock, Par Value, $0.01 Per Share
(Title of Class of Securities)
16139F106
(CUSIP Number)
Stephen M. Davis, Esq.
Werbel & Carnelutti
A Professional Corporation
711 Fifth Avenue, New York, New York 10022, (212) 832-8300
(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
November 21, 1997
(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 13-d-
1(b)(3) or (4), check the following box [ ].
The information required on the remainder of this cover page
shall not be deemed to be "filed" for the purposes 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).
Page 1 of 15<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 16139F106 Page 2 of 15 Pages
- ------------------- ------------------
=================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Brahman Partners II, L.P.
- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [X]
(b) [ ]
- -----------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- -----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------
8 SHARED VOTING POWER
0
- -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- -----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
=================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (10-96)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 16139F106 Page 3 of 15 Pages
- ------------------- ------------------
=================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Brahman Partners II Offshore, Ltd.
- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
- -----------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- ----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
- -----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------
8 SHARED VOTING POWER
97,000
- -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
97,000
- -----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
97,000
- -----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.7%
- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
=================================================================
*SEE INSTRUCTIONS BELOW BEFORE FILLING OUT!
SEC 1746 (10-96)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 16139F106 Page 4 of 15 Pages
- ------------------- -----------------
=================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
B-Y Partners, L.P.
- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
- -----------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- -----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------
8 SHARED VOTING POWER
306,200
- -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
306,200
- -----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
306,200
- -----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.3%
- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
=================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (10-96)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 16139F106 Page 5 of 15 Pages
- ------------------- -----------------
=================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Brahman Capital Corp.
- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
- ----------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- -----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- ----------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------
8 SHARED VOTING POWER
256,300
- -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
256,300
- ----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
256,300
- -----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.9%
- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
=================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (10-96)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- ----------------
CUSIP No. 16139F106 Page 6 of 15 Pages
- ------------------- -----------------
=================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Brahman Management, L.L.C.
- ---------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
- -----------------------------------------------------------------
3 SEC USE ONLY
- ----------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- -----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------
7 SOLE VOTING POWER
0
- ----------------------------------------------------------------
8 SHARED VOTING POWER
306,200
- ----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
306,200
- ----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
306,200
- -----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.3%
- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO
=================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (10-96)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 16139F106 Page 7 of 15 Pages
- ------------------- -----------------
=================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Brahman Institutional Partners, L.P.
- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x]
(b) [ ]
- ----------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- ----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- ----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------
7 SOLE VOTING POWER
0
- ----------------------------------------------------------------
8 SHARED VOTING POWER
0
- -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- -----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.0%
- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
=================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (10-96)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------ -----------------
CUSIP No. 16139F106 Page 8 of 15 Pages
- ------------------- -----------------
================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Peter A. Hochfelder
- -----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- ----------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- -----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- ---------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------
7 SOLE VOTING POWER
0
- ----------------------------------------------------------------
8 SHARED VOTING POWER
562,500
- -----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
562,500
- -----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
562,500
- -----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.2%
- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
=================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (10-96)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -----------------
CUSIP No. 16139F106 Page 9 of 15 Pages
- ------------------- -----------------
=================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Robert J. Sobel
- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- ----------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- -----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- -----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- -----------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------
8 SHARED VOTING POWER
562,500
- ----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- -----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
562,500
- ----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
562,500
- -----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.2%
- -----------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
=================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (10-96)<PAGE>
<PAGE>
SCHEDULE 13D
- ------------------- -------------------
CUSIP No. 16139F106 Page 10 of 15 Pages
- ------------------- -------------------
=================================================================
1 NAME OF REPORTING PERSON - S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
Mitchell A. Kuflik
- ----------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [x]
- -----------------------------------------------------------------
3 SEC USE ONLY
- -----------------------------------------------------------------
4 SOURCE OF FUNDS*
N/A
- ----------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) or 2(E) [ ]
- ----------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- -----------------------------------------------------------------
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
- ----------------------------------------------------------------
7 SOLE VOTING POWER
0
- -----------------------------------------------------------------
8 SHARED VOTING POWER
562,500
- ----------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
0
- ----------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
562,500
- -----------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
562,500
- ----------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [ ]
- -----------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.2%
- ----------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
=================================================================
*SEE INSTRUCTIONS BEFORE FILLING OUT!
SEC 1746 (10-96)<PAGE>
<PAGE> Page 11 of 15 Pages
Amendment No. 1
to
SCHEDULE 13D
The Reporting Persons, as reported herein, hereby amend
their Schedule 13D relating to the Common Stock of Chartwell
Leisure, Inc. as set forth below.
Item 1. Identity and Background
(a-c), (f). The persons (the "Reporting Persons")
filing this statement are Brahman Partners II, L.P. ("Brahman"),
a Delaware limited partnership, B-Y Partners, L.P. ("B-Y"), a
Delaware limited partnership, Brahman Institutional Partners,
L.P. ("Institutional"), a Delaware limited partnership, Brahman
Management L.L.C. ("Management"), a Delaware limited liability
corporation, Brahman Capital Corp. ("Capital"), a Delaware
corporation, Peter A. Hochfelder ("Hochfelder"), a citizen of the
United States, Robert J. Sobel ("Sobel"), a citizen of the United
States, Mitchell A. Kuflik ("Kuflik"), a citizen of the United
States, and Brahman Partners II Offshore, Ltd. ("Offshore"), a
Cayman Islands corporation. The principal address of Brahman, B-
Y, Institutional, Management, Capital, Hochfelder, Sobel, and
Kuflik is 277 Park Avenue, 26th Floor, New York, New York 10017.
The principal address for Offshore is c/o CITCO, Kayaflamboyan 9,
Curacao, Neth. Antilles.
Management is the general partner of B-Y, Brahman and
Institutional. Capital is the investment manager for Offshore
and for the investment accounts of Genesis Capital Fund and a
foreign investment fund (together, the "Capital Client
Accounts"). Hochfelder, Sobel and Kuflik are the executives and
directors of Capital. Hochfelder, Sobel, Kuflik, are in a
position to directly and indirectly determine the investment and
voting decisions made by Management and Capital and,
consequently, Brahman, B-Y, Institutional, Offshore and the
Capital Client Accounts.
The Reporting Persons may be deemed to be a "group"
within the meaning of Rule 13d-3 under the Securities Exchange
Act of 1934 (the "Act").
Item 5 Interest in Securities of the Issuer
(a) As of the close of business on November 21, 1997,
the Reporting Persons, by virtue of the language of Rule 13d-
3(d)(1)(i), may be deemed to own beneficially in the aggregate
the number and percentage of the Issuer's Common Stock set forth
below (based upon the number of Shares that were reported to be
outstanding in the Issuer's Form 10-Q for the quarter ended
September 30, 1997.<PAGE>
<PAGE> Page 12 of 15 Pages
<TABLE>
<CAPTION>
Name Shares of
Common Stock Percentage
<S> <C> <C>
- -------------------------------------------------------------
Hochfelder(1) 562,500 4.2%
- -------------------------------------------------------------
Sobel(1) 562,500 4.2%
- -------------------------------------------------------------
Kuflik(1) 562,500 4.2%
- -------------------------------------------------------------
Offshore 97,000 0.7%
- -------------------------------------------------------------
Capital(2) 256,300 1.9%
- -------------------------------------------------------------
Management(3) 306,200 2.3%
- -------------------------------------------------------------
Brahman 0 0.0%
- -------------------------------------------------------------
B-Y 306,200 2.3%
- -------------------------------------------------------------
Institutional 0 0.0%
</TABLE>
(1) Includes shares of the Issuer's Common Stock
attributable to B-Y, Brahman, Institutional, Offshore and the
Capital Client Accounts. The aggregate number of shares of the
Issuer's Common Stock held, respectively, for the Capital Client
Accounts and Offshore is 159,300 and 97,000 shares.
(2) Includes shares of Common Stock attributable to
Offshore and the Capital Client Accounts.
(3) Includes shares of Common Stock attributable to B-
Y, Brahman and Institutional.
(b) The following table sets forth the transactions
effected by applicable Reporting Persons listed on Item 5 (a)
above during the past sixty (60) days. Each transaction set
forth below reflects a sale effected by means of routine
brokerage trades on the Nasdaq National Market, unless otherwise
noted.
<PAGE>
<PAGE> Page 13 of 15 Pages
<TABLE>
<CAPTION>
Price Per Number
Reporting Person Trade Date Share $ of Shares
<S> <C> <C> <C>
- ----------------------------------------------------------------
Brahman 11/20/97 16.6875 50,000
- ----------------------------------------------------------------
Brahman 11/21/97 16.6385 253,649
- ----------------------------------------------------------------
B-Y 10/8/97 16.000 100(1)
- ----------------------------------------------------------------
B-Y 11/20/97 16.875 100(1)
- ----------------------------------------------------------------
B-Y 11/21/97 16.6385 20,000
- ----------------------------------------------------------------
B-Y 11/21/97 16.6875 15,000
- ----------------------------------------------------------------
B-Y 11/26/97 16.6563 500
- ----------------------------------------------------------------
Institutional 11/20/97 16.875 100(1)
- ----------------------------------------------------------------
Institutional 11/21/97 16.6385 309,451
- ----------------------------------------------------------------
Capital (on behalf 11/21/97 16.6875 10,600
of Offshore)
- ----------------------------------------------------------------
Capital (on behalf 11/21/97 16.6385 5,900
of Offshore)
- ----------------------------------------------------------------
Capital (on behalf 11/24/97 16.625 1,700
of Offshore)
- ----------------------------------------------------------------
Capital (on behalf 11/21/97 16.6875 29,900
of the Capital
Client Accounts)
- ----------------------------------------------------------------
Capital (on behalf 11/25/97 16.6262 31,200
of the Capital
Client Accounts)
- ----------------------------------------------------------------
<FN>
- ---------
</TABLE>
(1) Reflects a purchase.
(e) On November 21, 1997, the Reporting Persons, in
the aggregate, ceased to be the Beneficial owners of five percent
or more of the Issuer's Common Stock. This Amendment No. 1 is,
therefore, a final filing.<PAGE>
<PAGE> Page 14 of 15 Pages
After reasonable inquiry and to the best of our know-
ledge and belief, we certify that the information set forth in
this statement is true, complete and correct.
Dated: November 28, 1997
BRAHMAN CAPITAL CORP.
By: /s/ Peter A. Hochfelder
-----------------------------
Name: Peter A. Hochfelder
Title: President
BRAHMAN MANAGEMENT L.L.C.
By: /s/ Peter A. Hochfelder
-----------------------------
Name: Peter A. Hochfelder
Title: President
BRAHMAN PARTNERS II, L.P.
By: Brahman Management L.L.C.
By: /s/ Peter A. Hochfelder
-------------------------
Name: Peter A. Hochfelder
Title: President
B-Y PARTNERS, L.P.
By: Brahman Management L.L.C.
By: /s/ Peter A/Hochfelder
-------------------------
Name: Peter A. Hochfelder
Title: President
BRAHMAN INSTITUTIONAL
PARTNERS, L.P.
By: Brahman Management L.L.C.
By: /s/ Peter A. Hochfelder
-------------------------
Name: Peter A. Hochfelder
Title: President
<PAGE>
<PAGE> Page 15 of 15 Pages
/s/ Peter A. Hochfelder
- -------------------------------
Peter A. Hochfelder
/s/ Robert J. Sobel
- -------------------------------
Robert J. Sobel
/s/ Mitchell A. Kuflik
- -------------------------------
Mitchell A. Kuflik
108280
