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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 3)
Egghead Inc.
(Name of Issuer)
Common Stock
- ---------------------------------------------------------------------------
(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
- ---------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive Notices
and Communications)
July 6, 1998
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)
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 2 of 20 Pages
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Brookhaven Capital Management Co., Ltd.
- ---------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/
(b) / /
- ---------------------------------------------------------------------------
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) / /
- ---------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- ---------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 1,000
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,000
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
LESS THAN 0.1%
- ---------------------------------------------------------------------------
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>
SCHEDULE 13D
CUSIP No. 282330109 Page 3 of 20 Pages
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Brookhaven Capital Management, LLC
- ---------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) /XX/
(b) / /
- ---------------------------------------------------------------------------
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) / /
- ---------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
California
- ---------------------------------------------------------------------------
NUMBER OF 7 SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------
OWNED BY 8 SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 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%
- ---------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON*
OO
- ---------------------------------------------------------------------------
*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>
SCHEDULE 13D
CUSIP No. 282330109 Page 4 of 20 Pages
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Piton 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 0
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 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%
- ---------------------------------------------------------------------------
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>
SCHEDULE 13D
CUSIP No. 282330109 Page 5 of 20 Pages
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Vincent A. Carrino
- ---------------------------------------------------------------------------
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 1,000
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH 0
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,000
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
less than 0.1%
- ---------------------------------------------------------------------------
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>
SCHEDULE 13D
CUSIP No. 282330109 Page 6 of 20 Pages
- ---------------------------------------------------------------------------
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 -0-
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -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-
- ---------------------------------------------------------------------------
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>
SCHEDULE 13D
CUSIP No. 282330109 Page 7 of 20 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 1,000
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,000
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
657,403
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
-0-
- ---------------------------------------------------------------------------
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>
SCHEDULE 13D
CUSIP No. 282330109 Page 8 of 20 Pages
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Focused Capital 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 -0-
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -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-
- ---------------------------------------------------------------------------
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>
SCHEDULE 13D
CUSIP No. 282330109 Page 9 of 20 Pages
- ---------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSON
Daniel R. Coleman
- ---------------------------------------------------------------------------
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 1,000
REPORTING --------------------------------------------------
PERSON 9 SOLE DISPOSITIVE POWER
WITH -0-
--------------------------------------------------
10 SHARED DISPOSITIVE POWER
1,000
- ---------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,000
- ---------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*
/ /
- ---------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
less than 0.1%
- ---------------------------------------------------------------------------
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>
SCHEDULE 13D
CUSIP No. 282330109 Page 10 of 20 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"); Brookhaven Capital Management, LLC, a California
limited liability company ("LLC"); Piton Partners, L.P., a Delaware limited
partnership ("Piton"); Skye Investment Advisors, LLC, a Delaware limited
liability company ("Skye"); Skye Investments, Inc., a Nevada corporation
("SII"); Vincent A. Carrino ("Carrino"); Daniel R. Coleman ("Coleman"); Paul
L. McEntire ("McEntire"); and Robert W. Lishman ("Lishman").
(b) The business address of BCM, LLC, Piton, 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. The business address of Skye, McEntire and Lishman is 985
University Avenue, Suite 26, Los Gatos, CA 95032. The business address of
SII is P.O. Box 12305, Zephyr Cove, NV 89448.
(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. Piton is an investment limited partnership. LLC is a
general partner of Piton and an investment adviser to Piton and another
account. Carrino is the sole Manager and the majority member of LLC. Skye
is an investment adviser and the other general partner of Piton. SII is the
manager and majority member of Skye. McEntire is Chairman and Managing
Director of Skye and Chairman, CEO and Director of SII. Lishman is a
Director of Skye.
(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
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 11 of 20 Pages
prohibiting or mandating activities subject to, federal or state securities
laws or finding any violation with respect to such laws.
(f) Carrino, Coleman, McEntire, and Lishman are citizens of the United
States of America.
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 $-0-
BCM Funds Under Management(1) $1,672.50
WP Working Capital $1,672.50
Carrino Funds Under Management $1,672.50
Coleman Funds Under Management $1,672.50
LLC Funds Under Management $-0-
Piton Working Capital $-0-
(1) Includes funds of 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;
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 12 of 20 Pages
(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.
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 1,000 <0.1% -0- 1,000 -0- 1,000
CF -0- -0-% -0- -0- -0 -0-
WP 1,000 <0.1% -0- 1,000 -0- 1,000
FCP -0- -0-% -0- -0- -0- -0-
Carrino 1,000 <0.1% -0- 1,000 -0- 1,000
Coleman 1,000 <0.1% -0- 1,000 -0- 1,000
LLC -0- -0-% -0- -0- -0- -0-
Piton -0- -0-% -0- -0- -0- -0-
The persons named in Item 2 ceased to beneficially own more than 5% of the
Stock on July 6, 1998.
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 13 of 20 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 May 6,
1998.
Purchase Number Price
Name or Sale Date of Shares Per Share
BCM P 5/7/98 10,000 0.31 (option)
BCM P 5/11/98 15,000 9.88
LLC P 5/12/98 25,000 9.31
LLC P 5/12/98 1,300 0.13 (option)
WP P 5/13/98 25,000 9.42
LLC P 5/13/98 8,500 9.42
WP P 5/13/98 10,000 9.44
LLC P 5/13/98 5,000 9.44
BCM P 5/13/98 30,000 9.44
WP P 5/13/98 30,000 2.31 (option)
LLC P 5/13/98 20,000 2.31 (option)
Piton P 5/13/98 15,000 9.44
WP P 5/13/98 10,000 9.44
BCM P 5/13/98 17,000 9.38
WP P 5/14/98 3,900 9.75
BCM P 5/14/98 10,000 9.75
WP P 5/14/98 10,000 9.88
LLC P 5/14/98 10,000 2.63 (option)
WP P 5/14/98 17,000 0.25 (option)
LLC P 5/14/98 8,000 0.25 (option)
LLC P 5/14/98 2,000 0.13 (option)
WP P 5/14/98 10,000 9.75
WP P 5/20/98 7,000 9.25
Carrino P 5/20/98 7,000 8.88
Carrino S 5/20/98 7,000 9.00
Carrino S 5/20/98 7,000 9.19
WP P 5/22/98 2,000 9.25
LLC P 5/27/98 16,400 8.20
WP P 5/27/98 10,000 8.20
WP P 5/27/98 2,000 8.44
WP P 5/28/98 2,900 8.25
LLC P 5/29/98 8,000 8.11
LLC P 5/29/98 6,200 8.08
BCM P 6/1/98 10,000 7.00
BCM P 6/2/98 10,000 7.13
Carrino P 6/3/98 8,000 7.05
Carrino P 6/3/98 4,300 7.05
BCM P 6/4/98 19,200 7.17
BCM P 6/5/98 5,000 7.50
WP P 6/5/98 10,000 7.50
LLC P 6/5/98 10,000 7.50
WP P 6/8/98 25,000 2.75 (option)
LLC P 6/8/98 20,000 2.75 (option)
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 14 of 20 Pages
Purchase Number Price
Name or Sale Date of Shares Per Share
Piton P 6/8/98 5,000 2.75 (option)
BCM P 6/9/98 2,000 7.88
WP P 6/9/98 5,700 0.25 (option)
LLC P 6/10/98 1,700 7.75
WP P 6/10/98 5,400 1.00
LLC P 6/11/98 5,000 7.63
WP P 6/11/98 5,000 7.63
BCM P 6/11/98 5,000 7.63
WP P 6/11/98 60,000 2.69 (option)
LLC P 6/11/98 40,000 2.69 (option)
WP P 6/12/98 2,500 2.63 (option)
BCM P 6/12/98 14,500 7.50
WP P 6/12/98 10,000 7.60
WP P 6/15/98 50,000 3.25 (option)
LLC P 6/15/98 20,000 3.25 (option)
WP P 6/15/98 15,000 7.38
LLC P 6/15/98 5,000 7.38
WP P 6/15/98 2,200 7.50
WP P 6/18/98 4,500 0.63 (option)
LLC P 6/19/98 1,600 8.69
WP P 6/19/98 53,300 0.44 (option)
BCM P 6/22/98 4,000 8.00
BCM P 6/23/98 10,000 8.00
LLC P 6/24/98 30,000 0.31 (option)
WP P 6/24/98 27,000 0.31 (option)
WP P 6/24/98 3,000 0.25 (option)
WP P 6/30/98 5,000 8.43
WP P 7/1/98 10,000 8.44
WP P 7/2/98 60,000 1.25 (option)
BCM P 7/2/98 20,000 1.25 (option)
LLC P 7/2/98 30,000 1.25 (option)
WP P 7/2/98 3,500 1.13 (option)
WP P 7/2/98 10,000 8.75
LLC P 7/2/98 10,000 0.25 (option)
BCM P 7/2/98 10,000 0.25 (option)
BCM S 7/6/98 43,800 11.19
BCM S 7/6/98 25,000 12.50
LLC S 7/6/98 25,000 13.78
WP S 7/6/98 55,000 13.78
BCM S 7/6/98 55,400 13.78
LLC S 7/6/98 60,000 2.88 (option)
WP S 7/6/98 110,000 2.88 (option)
Piton S 7/6/98 19,000 2.88 (option)
BCM S 7/6/98 10,000 2.88 (option)
Piton S 7/6/98 25,000 12.88
Piton S 7/6/98 1,000 3.25 (option)
Piton S 7/6/98 7,500 13.58
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 15 of 20 Pages
Purchase Number Price
Name or Sale Date of Shares Per Share
WP S 7/6/98 85,000 13.58
LLC S 7/6/98 65,000 13.58
BCM S 7/6/98 42,500 13.58
BCM S 7/6/98 25,000 13.75
LLC S 7/6/98 30,000 4.04 (option)
WP S 7/6/98 63,500 4.04 (option)
BCM S 7/6/98 20,000 4.04 (option)
WP S 7/6/98 70,000 4.08 (option)
LLC S 7/6/98 30,000 4.08 (option)
LLC S 7/6/98 65,000 13.97
WP S 7/6/98 46,650 13.97
BCM S 7/6/98 105,000 13.97
WP S 7/6/98 50,000 9.25 (option)
WP S 7/6/98 10,000 9.50 (option)
Piton S 7/6/98 5,000 9.50 (option)
LLC S 7/6/98 35,000 9.50 (option)
BCM S 7/6/98 25,000 14.54
Piton S 7/6/98 20,000 9.38 (option)
WP S 7/6/98 50,000 9.38 (option)
LLC S 7/6/98 20,000 9.38 (option)
BCM S 7/6/98 20,000 9.38 (option)
Carrino S 7/6/98 10,000 13.87
Carrino S 7/6/98 30,000 12.17
BCM S 7/6/98 25,000 13.63
BCM S 7/6/98 25,000 14.43
BCM S 7/6/98 25,000 12.36
Carrino S 7/6/98 21,000 12.00
Carrino S 7/6/98 5,000 14.04
Carrino S 7/7/98 49,400 18.20
BCM S 7/7/98 13,900 18.33
Carrino S 7/7/98 3,800 18.37
Carrino S 7/7/98 2,000 18.15
WP S 7/7/98 228,000 18.00
LLC S 7/7/98 169,855 18.00
BCM S 7/7/98 84,000 18.00
WP S 7/7/98 200,000 8.25 (option)
LLC S 7/7/98 130,000 8.25 (option)
BCM S 7/7/98 70,000 8.25 (option)
BCM S 7/7/98 19,400 18.45
LLC S 7/7/98 5,000 18.41
Piton S 7/7/98 5,000 18.41
WP S 7/7/98 9,400 4.50 (option)
BCM S 7/7/98 200,000 18.05
WP S 7/7/98 5,400 10.63 (option)
BCM S 7/7/98 10,000 13.00 (option)
BCM S 7/7/98 4,700 13.88
Piton S 7/7/98 3,000 17.38
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 16 of 20 Pages
Purchase Number Price
Name or Sale Date of Shares Per Share
LLC S 7/7/98 15,000 17.38
WP S 7/7/98 20,000 17.38
BCM S 7/7/98 12,000 17.38
Piton S 7/8/98 3,800 16.10
WP S 7/8/98 15,000 16.10
BCM S 7/8/98 23,400 16.10
BCM S 7/9/98 9,660 16.82
WP S 7/9/98 8,140 16.82
BCM S 7/9/98 15,000 16.07
LLC S 7/10/98 8,000 21.17
BCM S 7/10/98 5,430 21.17
BCM S 7/17/98 10,000 20.88
WP B 7/29/98 5,057 17.53
Carrino B 8/6/98 16,100 12.37
Carrino S 8/7/98 7,500 13.67
Carrino S 8/7/98 8,000 13.50
Carrino S 8/7/98 600 13.58
LLC S 9/23/98 20,000 3.50 (option)
WP S 9/23/98 55,000 3.50 (option)
WP S 9/23/98 30,600 2.50 (option)
LLC S 9/24/98 14,500 8.56
WP B 9/28/98 38,000 0.75 (option)
WP S 9/30/98 38,000 0.50 (option)
WP S 9/30/98 2,000 0.50 (option)
LLC B 9/30/98 20,000 0.50 (option)
WP B 9/30/98 60,000 0.50 (option)
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 17 of 20 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 WP in
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. LLC is a general
partner of Piton pursuant to a limited partnership agreement providing to
LLC the authority, among other things, to invest the funds of Piton in
Stock. Pursuant to such limited partnership agreement, the general partners
of Piton are entitled to allocations based on assets under management and
realized and unrealized gains. Pursuant to investment management
agreements, BCM and LLC are authorized, among other things, to invest funds
of their 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 and LLC 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>
SCHEDULE 13D
CUSIP No. 282330109 Page 18 of 20 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: November 13, 1998
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
BROOKHAVEN CAPITAL MANAGEMENT, LCC PITON PARTNERS, L.P.
By: Brookhaven Capital
Management, LLC
/s/ Vincent A. Carrino /s/ Vincent A. Carrino
By: _______________________ By: ______________________
Vincent A. Carrino Vincent A. Carrino
Manager Manager
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 19 of 20 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: December 8, 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
<PAGE>
SCHEDULE 13D
CUSIP No. 282330109 Page 20 of 20 Pages
EXHIBIT A (continued)
BROOKHAVEN CAPITAL MANAGEMENT, LCC PITON PARTNERS, L.P.
By: Brookhaven Capital
Management, LLC
/s/ Vincent A. Carrino /s/ Vincent A. Carrino
By: _______________________ By: ______________________
Vincent A. Carrino Vincent A. Carrino
Manager Manager
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