STARBUCKS CORP
SC 13G/A, 1997-01-29
EATING & DRINKING PLACES
Previous: WSFS FINANCIAL CORP, SC 13D/A, 1997-01-29
Next: PEOPLES HERITAGE FINANCIAL GROUP INC, 8-K, 1997-01-29



<PAGE>

                                                  -----------------------------
                                                            OMB APPROVAL
                                                   -----------------------------
                                                   OMB Number:         3235-0145
                                                   Expires:    December 31, 1997
                                                   Estimated average burden
                                                   hours per response......14.90
                                                   -----------------------------


                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G



                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                (AMENDMENT NO. 2)*

                              STARBUCKS CORPORATION
                       ----------------------------------
                                (Name of Issuer)

                                  Common Stock
                       ----------------------------------
                         (Title of Class of Securities)

                                    855244109
                       ----------------------------------
                                 (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).

<PAGE>

CUSIP No. 855244109                   13G                      PAGE 2 OF 5 PAGES

- --------------------------------------------------------------------------------
1    NAME OF REPORTING PERSONS.
     S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

             Jundt Associates, Inc.
             41-1436485
- --------------------------------------------------------------------------------
2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                        (a)  / /


                                                                        (b)  / /
- --------------------------------------------------------------------------------
3    SEC USE ONLY

- --------------------------------------------------------------------------------
4    CITIZENSHIP OR PLACE OF ORGANIZATION

             Minnesota
- --------------------------------------------------------------------------------
                                   5    SOLE VOTING POWER
        
                                              1,657,900
          NUMBER OF                ---------------------------------------------
           SHARES                  6    SHARED VOTING POWER
        BENEFICIALLY  
          OWNED BY                            0
            EACH                   ---------------------------------------------
          REPORTING                7    SOLE DISPOSITIVE POWER
           PERSON 
            WITH                              2,046,400
                                   ---------------------------------------------
                                   8    SHARED DISPOSITIVE POWER

                                              0
- -------------------------------------------------------------------------------
9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             2,046,400 SHARES
- -------------------------------------------------------------------------------
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


- -------------------------------------------------------------------------------
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

             2.6%
- -------------------------------------------------------------------------------
12   TYPE OF REPORTING PERSON*

             IA
- -------------------------------------------------------------------------------

                    *SEE INSTRUCTION BEFORE FILLING OUT!

                                 Page 2 of 5

<PAGE>

ITEM 1.
          (a)  Name of Issuer

               Starbucks Corporation

          (b)  Address of Issuer's Principal Executive Offices

               2401 Utah Avenue South
               Seattle, WA 98134

ITEM 2.
          (a)  Name of Person Filing

               Jundt Associates, Inc. (the "Company")

          (b)  Address of Principal Business Office or, if None, Residence

               1550 Utica Avenue South
               Suite 950
               Minneapolis, Minnesota  55416


          (c)  Citizenship

               The Company is incorporated in Minnesota

          (d)  Title of Class of Securities

               Common Stock

          (e)  CUSIP Number

               855244109

ITEM 3.   IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b), OR 13d-2(b),
          CHECK WHETHER THE PERSON FILING IS A:

          (a)  / / Broker or Dealer registered under section 15 of the Act

          (b)  / / Bank as defined in section 3(a)(6) of the Act

          (c)  / / Insurance Company as defined in section 3(a)(19) of the Act

          (d)  / / Investment Company registered under section 8 of the
               Investment Company Act

          (e)  /X/ Investment Adviser registered under section 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 section 240.13d-1(b)(1)(ii)(F)

          (g)  / / Parent Holding Company, in accordance with section
               240.13d-1(b)(ii)(G) (Note:  See Item 7)

          (h)  / / Group, in accordance with section 240.13d-1(b)(1)(ii)(H)


                                   Page 3 of 5
<PAGE>

ITEM 4.   OWNERSHIP

          (a)  Amount Beneficially Owned


               2,046,400 shares

          (b)  Percent of Class

               2.6%

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

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

                         1,657,900

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

                         0

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

                         2,046,400

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

                         0

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 /X/.



ITEM 6.   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

          The Company manages accounts for the benefit of its clients.  The
receipt of dividends, or the proceeds from the sale of securities, are credited
to the account which holds or held such securities.  No single account managed
by the Company holds more than five percent of the class of securities referred
to above.

ITEM 7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
          SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

          Not Applicable

ITEM 8.   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

          Not Applicable

ITEM 9.   NOTICE OF DISSOLUTION OF GROUP

          Not Applicable

                                   Page 4 of 5
<PAGE>

ITEM 10.  CERTIFICATION

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



                                                    January 27, 1997
                                        ----------------------------------------
                                                          Date

                                                   /s/ James R. Jundt
                                        ----------------------------------------
                                                        Signature

                                                  James R. Jundt, Chairman
                                        ----------------------------------------
                                                        Name/Title

                                   Page 5 of 5


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission