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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
Egghead Inc.
(Name of Issuer)
Common Stock
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(Title of Class of Securities)
282330109
(CUSIP Number)
Carolyn S. Reiser, Esq.
Shartsis Friese & Ginsburg
One Maritime Plaza, 18th Floor
San Francisco, CA 94111
(415) 421-6500
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(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
March 17, 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 13d-1(b)(3) or (4), check the following
box / /.
Check the following box if a fee is being paid with the statement . (A fee
is not required only if the reporting 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.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are
to be sent.
* 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 disclosures provided in a prior cover page.
The information required on 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).
SEC 1746 (12-91)
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SCHEDULE 13D
CUSIP No. 282330109 Page 2 of 15 Pages
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1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Brookhaven Capital Management Co., Ltd.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/
(b) / /
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3 SEC USE ONLY
- ---------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF and WC
- ---------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) or 2(E) / /
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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NUMBER OF 7 SOLE VOTING POWER
SHARES 42,700
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 1,473,183
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 42,700
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,473,183
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,515,883
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.62%
- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
CO and IA
- ---------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 3 of 15 Pages
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1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Vincent A. Carrino
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/
(b) / /
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3 SEC USE ONLY
- ---------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
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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 7 SOLE VOTING POWER
SHARES 210,900
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 687,103
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 210,900
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
687,103
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
898,003
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
5.10%
- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ---------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 4 of 15 Pages
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1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Cadence Fund, L.P.
- ---------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/
(b) / /
- ---------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ---------------------------------------------------------------------------
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 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 112,278
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
112,278
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
112,278
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.64%
- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ---------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 5 of 15 Pages
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Watershed Partners, L.P.
- ---------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/
(b) / /
- ---------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ---------------------------------------------------------------------------
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 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 489,725
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
489,725
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
489,725
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.78%
- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ---------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 6 of 15 Pages
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Focused Capital Partners, L.P.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/
(b) / /
- ---------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------
4 SOURCE OF FUNDS*
WC
- ---------------------------------------------------------------------------
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 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 85,100
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
85,100
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
85,100
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.48%
- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
PN
- ---------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 7 of 15 Pages
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1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Daniel R. Coleman
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/
(b) / /
- ---------------------------------------------------------------------------
3 SEC USE ONLY
- ---------------------------------------------------------------------------
4 SOURCE OF FUNDS*
AF
- ---------------------------------------------------------------------------
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 7 SOLE VOTING POWER
SHARES -0-
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 687,103
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
687,103
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
687,103
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* / /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.91%
- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
IN
- ---------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7
(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 8 of 15 Pages
ITEM 1. SECURITY AND ISSUER.
This statement relates to shares of Common Stock (the "Stock") of
Egghead Inc. ("EI"). The principal executive office of EI is located at
22705 East Mission, Liberty Lake, Washington, 99019.
ITEM 2. IDENTITY AND BACKGROUND.
The persons filing this statement and the persons enumerated in Instruction
C of Schedule 13D and, where applicable, their respective places of
organization, general partners, directors, executive officers and controlling
persons, and the information regarding them, are as follows:
(a) Focused Capital Partners, L.P., a Delaware limited partnership
("FCP") (formerly called Brookhaven Partners, L.P.); Cadence Fund, L.P., a
Delaware limited partnership ("CF"); Watershed Partners, L.P., a Delaware
limited partnership ("WP"); Brookhaven Capital Management Co., Ltd., a New
York corporation ("BCM"); Vincent A. Carrino ("Carrino"); and Daniel R.
Coleman ("Coleman").
(b) The business address of BCM, FCP, CF, WP and Carrino is 3000
Sandhill Road, Building 3, Suite 105, Menlo Park, California 94025. The
business address of Coleman is 500 108th Avenue NE, Suite 380, Bellevue,
Washington 98004.
(c) BCM is an investment adviser to various accounts, including FCP, CF
and WP, which are investment limited partnerships. Carrino and Coleman are
the general partners of FCP, CF and WP. Carrino is the sole director and
president of BCM.
(d) During the last five years, none of such persons has been convicted
in a criminal proceeding (excluding traffic violations or similar
misdemeanors).
(e) During the last five years, none of such persons was a party to a
civil proceeding of a judicial or administrative body of competent
jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) Carrino and Coleman are citizens of the United States of America.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 9 of 15 Pages
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.
The source and amount of funds used in purchasing the Stock were as follows:
Purchaser Source of Funds Amount
BCM Working Capital $4,953,939
BCM Funds Under Management(1) $3,373,468
CF Working Capital $ 555,253
FCP Working Capital $ 419,628
WP Working Capital $2,398,587
Carrino Funds Under Management $4,477,983
Coleman Funds Under Management $3,373,468
(1) Includes funds of CF, FCP and WP invested in Stock.
ITEM 4. PURPOSE OF TRANSACTION.
The principal purpose of the acquisitions of Stock reported herein is
investment. Except as described below, the persons named in Item 2 of this
statement have no plans or proposals that relate to or would result in:
(a) An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving EI or any of its subsidiaries;
(b) A sale or transfer of a material amount of assets of EI or of any
of its subsidiaries;
(c) Any change in the present board of directors or management of EI,
including any plans or proposals to change the number or term of directors or
to fill any existing vacancies on the board;
(d) Any material change in the present capitalization or dividend
policy of EI;
(e) Any other material change in EI's business or corporate structure;
(f) Changes in EI's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control of EI by
any person;
(g) Causing a class of securities of EI to be delisted from a national
securities exchange or to cease to be authorized to be quoted in an inter-
dealer quotation system of a registered national securities association;
(h) A class of equity securities of EI becoming eligible for
termination of registration pursuant to Section 12(g)(4) of the Securities
Exchange Act of 1934, as amended; or
(i) Any action similar to any of those enumerated above.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 10 of 15 Pages
The persons named in Item 2 of this statement intend to communicate directly
with EI's management regarding its financial condition, management and
business plan, with a view to formulating suggestions for improvement, and
may seek to be included in the present board of directors of EI. Such
persons are also considering other ways to support and improve EI's business
operations. Such persons may acquire additional shares of Stock at any time
or may dispose of part or all of their Stock at any time. Such persons
currently do not otherwise have any specific plans or proposals regarding
these matters.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
The beneficial ownership of the Stock of the persons named in Item 2 of this
statement is as follows at the date hereof:
Aggregate
Beneficially
Owned Voting Power Dispositive Power
Name Number Percent Sole Shared Sole Shared
BCM 1,515,883 8.62% 42,700 1,473,183 42,700 1,473,183
CF 112,278 0.64% 0 112,278 0 112,278
WP 489,725 2.78% 0 489,725 0 489,725
FCP 85,100 0.48% 0 85,100 0 85,100
Carrino 898,003 5.10% 210,900 687,103 210,900 687,103
Coleman 687,103 3.91% 0 687,103 0 687,103
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 11 of 15 Pages
The persons filing this statement effected the following transactions in the
Stock on the dates indicated, and such transactions are the only transactions
by the persons filing this statement in the Stock since January 17, 1997.
Purchase Number Price Broker
Name or Sale Date of Shares Per Share Used
Carrino P 1-20-97 5,200 5.125 BEAR
BCM P 1-31-97 15,000 6.5 STAR
Cadence S 1-31-97 10,000 6.5 BRDG
Carrino P 2-6-97 10,000 4.8729 BEAR
Watershed P 2-11-97 20,000 4.625 MONT
BCM P 2-11-97 11,000 4.6875 STAR
BCM P 2-11-97 8,500 4.75 STAR
BCM P 2-13-97 10,800 5.0729 PACE
BCM P 2-13-97 5,000 5.125 GRUN
BCM P 2-13-97 5,200 5.0 STAR
BCM P 2-14-97 10,000 5.125 GRUN
Watershed P 2-20-97 8,675 4.875 STAR
BCM P 2-21-97 6,500 4.875 STAR
BCM P 2-24-97 16,000 4.875 STAR
Watershed P 3-13-97 5,000 4.625 STAR
Watershed P 3-13-97 10,000 4.625 MONT
Cadence P 3-13-97 10,000 4.625 STAR
BCM P 3-17-97 12,500 4.625 MONT
BCM P 3-17-97 8,000 4.625 PACE
BCM P 3-20-97 5,000 4.5 STAR
Watershed P 3-25-97 20,000 4.5625 MONT
Watershed P 3-25-97 1,000 4.5625 STAR
Carrino P 3-25-97 5,000 4.625 BEAR
Carrino P 3-25-97 5,000 4.625 BEAR
Watershed P 3-26-97 7,300 4.5625 STAR
Carrino P 3-27-97 2,000 4.6875 BEAR
Watershed P 3-27-97 13,800 4.5625 STAR
BCM P 3-31-97 21,500 4.5625 STAR
Cadence P 3-31-97 15,000 4.625 MONT
Watershed P 3-31-97 5,000 4.625 MONT
BCM P 3-31-97 10,000 4.625 MONT
Cadence P 4-1-97 7,578 4.4375 STAR
BCM P 4-1-97 7,000 4.4375 STAR
BCM P 4-2-97 11,200 4.4375 STAR
BCM P 4-3-97 12,500 4.22 STAR
Watershed P 4-3-97 1,000 4.375 STAR
Carrino P 4-3-97 2,500 4.3136 BEAR
Watershed P 4-4-97 400 4.3125 PACE
BCM P 4-4-97 5,000 4.3125 STAR
BCM P 4-7-97 8,700 4.375 PACE
BCM P 4-7-97 20,830 4.3125 STAR
BCM P 4-7-97 6,400 4.375 STAR
Watershed P 4-8-97 20,000 4.4938 PACE
Watershed P 4-8-97 15,000 4.25 STAR
Watershed P 4-8-97 3,500 4.3125 STAR
Watershed P 4-8-97 2,500 4.375 STAR
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 12 of 15 Pages
Purchase Number Price Broker
Name or Sale Date of Shares Per Share Used
Watershed P 4-9-97 10,000 4.4375 BEAR
Cadence P 4-9-97 15,000 4.4375 BEAR
Carrino P 4-9-97 5,000 4.50 BEAR
Watershed P 4-10-97 12,000 4.4375 BEAR
Watershed P 4-11-97 5,000 4.125 MONT
Carrino P 4-11-97 6,000 4.125 BEAR
Watershed P 4-14-97 5,000 4.0 STAR
BCM P 4-15-97 15,100 3.875 STAR
Watershed P 4-15-97 21,900 3.875 STAR
Carrino P 4-15-97 6,000 4.000 BEAR
BCM P 4-15-97 5,000 4.000 BEAR
Carrino P 4-15-97 1,000 3.75 BEAR
BCM P 4-16-97 25,000 4.000 MONT
Carrino P 4-16-97 10,000 3.972 BEAR
BCM P 4-17-97 25,000 3.875 CNW
Carrino P 4-17-97 10,000 3.875 BEAR
BCM P 4-18-97 5,000 3.875 BEAR
Carrino P 4-24-97 5,000 4.000 BEAR
Carrino P 4-25-97 10,000 3.9375 BEAR
Watershed S 4-25-97 11,000 4.000 STAR
Cadence P 4-30-97 3,200 4.625 BRDG
Watershed S 4-30-97 2,800 4.625 BRDG
Carrino P 5-1-97 4,000 4.625 BEAR
BCM P 5-1-97 4,000 4.625 PACE
BCM P 5-6-97 11,100 4.2776 PACE
Watershed S 5-6-97 1,000 4.125 STAR
Watershed S 5-6-97 2,000 4.25 STAR
Watershed S 5-7-97 2,000 4.50 STAR
Watershed S 5-7-97 4,000 4.5625 STAR
Watershed S 5-8-97 1,000 4.5625 STAR
Watershed S 5-8-97 1,000 4.625 STAR
Watershed S 5-8-97 2,100 4.6875 STAR
Watershed S 5-8-97 1,900 4.750 STAR
Watershed S 5-8-97 2,000 4.875 STAR
BCM P 5-9-97 10,000 4.625 PACE
Watershed P 5-12-97 5,000 4.875 MONT
Focused S 5-12-97 2,000 4.6875 STAR
Focused S 5-12-97 2,000 4.8125 STAR
Focused S 5-12-97 2,500 4.9375 STAR
Cadence P 5-13-97 10,000 5.000 GRUN
BEAR - Bear Stearns Securities Corp.
BRDG - Bridge Trading Company
CNW - Cnty National West
GRUN - Gruntal & Co. Incorporated
MONT - Montgomery Securities
PACE - A.J. Pace & Co., Inc.
STAR - Starr Securities, Inc.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 13 of 15 Pages
ITEM. 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH
RESPECT TO SECURITIES OF THE ISSUER.
Carrino and Coleman are the general partners of FCP, CF and WP pursuant to
limited partnership agreements providing to Carrino and Coleman the
authority, among other things, to invest the funds of FCP, CF and WPin Stock,
to vote and dispose of Stock and to file this statement on behalf of FCP, CF
and WP. Pursuant to such limited partnership agreements, the general
partners of FCP, CF and WP are entitled to allocations based on assets under
management and realized and unrealized gains. Pursuant to investment
management agreements, BCM is authorized, among other things, to invest funds
of its various investment advisory clients, and to vote and dispose of those
securities. Such investment management agreements may be terminated by
either party on notice as provided in such agreements and provide for fees
payable to BCM based on assets under management and realized and unrealized
gains. Carrino is authorized by various individuals and entities to invest
funds of those individuals and entities and to vote and dispose of those
securities. Carrino does not receive any fees for such activities.
<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 14 of 15 Pages
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.
A. Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G
(including power of attorney).
SIGNATURES
After reasonable inquiry and to the best of my knowledge, I certify that
the information set forth in this statement is true, complete and correct.
DATED: May 19, 1997
FOCUSED CAPITAL PARTNERS, L.P. CADENCE FUND, L.P.
/s/ Vincent A. Carrino /s/ Vincent A. Carrino
By: _______________________ By: ________________________
Vincent A. Carrino Vincent A. Carrino
General Partner General Partner
BROOKHAVEN CAPITAL MANAGEMENT
CO., LTD.
/s/ Vincent A. Carrino /s/ Vincent A. Carrino
By: _______________________ _____________________________
Vincent A. Carrino Vincent A. Carrino
President
DANIEL R. COLEMAN
WATERSHED PARTNERS, L.P. By: Brookhaven Capital
Co., Ltd.,
Attorney-in-Fact
/s/ Vincent A. Carrino /s/ Vincent A. Carrino
By: _______________________ By: ______________________
Vincent A. Carrino Vincent A. Carrino
General Partner President<PAGE>
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 15 of 15 Pages
EXHIBIT A
AGREEMENT REGARDING JOINT FILING
OF STATEMENT ON SCHEDULE 13D OR 13G
The undersigned agree to file jointly with the Securities and Exchange
Commission (the "SEC") any and all statements on Schedule 13D or Schedule 13G
(and any amendments or supplements thereto) required under section 13(d) of
the Securities Exchange Act of 1934, as amended, in connection with purchases
by the undersigned of Common Stock of Egghead Inc.. For that purpose, the
undersigned hereby constitute and appoint Brookhaven Capital Management Co.,
Ltd., a New York corporation, as their true and lawful agent and attorney-in-
fact, with full power and authority for and on behalf of the undersigned to
prepare or cause to be prepared, sign, file with the SEC and furnish to any
other person all certificates, instruments, agreements and documents
necessary to comply with said section 13(d) in connection with said
purchases, and to do and perform every act necessary and proper to be done
incident to the exercise of the foregoing power, as fully as the undersigned
might or could do if personally present.
DATED: May 19, 1997
BROOKHAVEN PARTNERS, L.P. CADENCE FUND, L.P.
/s/ Vincent A. Carrino /s/ Vincent A. Carrino
By: _______________________ By: ________________________
Vincent A. Carrino Vincent A. Carrino
General Partner General Partner
BROOKHAVEN CAPITAL MANAGEMENT
CO., LTD.
/s/ Vincent A. Carrino /s/ Vincent A. Carrino
By: _______________________ _____________________________
Vincent A. Carrino Vincent A. Carrino
President
DANIEL R. COLEMAN
WATERSHED PARTNERS, L.P. By: Brookhaven Capital Management
Co., Ltd., Attorney-in-Fact
/s/ Vincent A. Carrino /s/ Vincent A. Carrino
By: _______________________ By: ______________________
Vincent A. Carrino Vincent A. Carrino
General Partner President
C:\DMS\4193\012\0212287.WP
