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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Information Statement Pursuant to Rule 13d-1
Under the Securities Exchange Act of 1934
ALPHA-BETA TECHNOLOGY INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
02071K 10 5
(CUSIP Number)
Check the following box if a fee is being paid with this statement /X/.
(Page 1 of 10 Pages)
(Exhibit Index on Page 8)
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CUSIP NO. 02071K 10 5
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1) Name of Reporting Person Deltec Asset Management Corporation
S.S. or I.R.S. Identification
No. of Above Person I.R.S. No. 13-5133790
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2) Check the Appropriate Box (a) x
if a Member of a Group (b)
(See Instructions)
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3) SEC Use Only
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4) Citizenship or Place of
Organization State of New York
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Number of (5)Sole Voting Power 405,002
Shares Bene- --------------------------------------------------------------
ficially (6)Shared Voting
Owned by Power --
Each Report- --------------------------------------------------------------
ing Person (7)Sole Dispositive
With Power 405,002
--------------------------------------------------------------
(8)Shared Dispositive
Power --
- --------------------------------------------------------------------------------
9) Aggregate Amount Beneficially
Owned by Each Reporting Person 405,002
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10) Check if the Aggregate Amount
in Row (9) Excludes Certain
Shares (See Instructions) / /
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11) Percent of Class Represented
by Amount in Row (9) 2.97%
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12) Type of Reporting Person (See
Instructions) BD, IA, CO
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CUSIP NO. 02071K 10 5
- --------------------------------------------------------------------------------
1) Name of Reporting Person Kikis Fusco Asset Management Corporation
S.S. or I.R.S. Identification
No. of Above Person I.R.S. No. 13-3739921
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2) Check the Appropriate Box (a) x
if a Member of a Group (b)
(See Instructions)
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3) SEC Use Only
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4) Citizenship or Place of
Organization State of New York
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Number of (5)Sole Voting Power 584,234
Shares Bene- --------------------------------------------------------------
ficially (6)Shared Voting
Owned by Power --
Each Report- --------------------------------------------------------------
ing Person (7)Sole Dispositive
With Power 584,234
-------------------------------------------------------------
(8)Shared Dispositive
Power --
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9) Aggregate Amount Beneficially
Owned by Each Reporting Person 584,234
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10) Check if the Aggregate Amount
in Row (9) Excludes Certain
Shares (See Instructions) / /
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11) Percent of Class Represented
by Amount in Row (9) 4.28%
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12) Type of Reporting Person (See
Instructions) IA, CO
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ITEM 1(a). NAME OF ISSUER:
Alpha-Beta Technology Inc. (the "Company")
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
Three Biotech Park, One Innovation Drive, Worcester, Massachusetts
01605
ITEM 2(a). NAME OF PERSON FILING:
Deltec Asset Management Corporation ("Deltec")
Kikis Fusco Asset Management Corporation ("Kikis Fusco")
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
535 Madison Avenue, New York, New York 10022 (for both Reporting
Persons)
ITEM 2(c). CITIZENSHIP:
State of New York (for both Reporting Persons)
ITEM 2(d). TITLE OF CLASS OF SECURITIES:
Common Stock
ITEM 2(e). CUSIP NUMBER:
02071K 10 5
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR
13d-2(b), CHECK WHETHER THE PERSON FILING IS A:
(a) /X/ Broker or Dealer registered under Section 15 of the Act
(Deltec only),
(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,
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(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 Rule 13d-1(b)(1)(ii)(F),
(g) / / Parent Holding Company, in accordance with Rule 13d-1(b)(ii)
(G)(see Item 7),
(h) /X/ Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
ITEM 4. OWNERSHIP:
All data is as of December 31, 1995.
(a) Amount Beneficially Owned:
Deltec: 405,002 shares.
Kikis Fusco: 584,234 shares.
(b) Percent of Class:
Deltec: 2.97%.
Kikis Fusco: 4.28%.
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
Deltec: 405,002 shares.
Kikis Fusco: 584,234 shares.
(ii) shared power to vote or to direct the vote:
Deltec: Not applicable.
Kikis Fusco: Not applicable.
(iii) sole power to dispose or to direct the disposition of:
Deltec: 405,002 shares.
Kikis Fusco: 584,234 shares.
(iv) shared power to dispose or to direct the disposition of:
Deltec: Not applicable.
Kikis Fusco: Not applicable.
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
All of the 405,002 shares of the Company's Common Stock referred to
in Item 4 as held by Deltec are held by Deltec for the account of its brokerage
or investment advisory clients over whose accounts Deltec exercises
discretionary authority as to voting, disposition and other matters. Such
clients have the right to receive dividends and the proceeds of the sale of such
shares.
All of the 584,234 shares of the Company's Common Stock referred to
in Item 4 as held by Kikis Fusco are held by Kikis Fusco for the account of
investment advisory clients over whose accounts Kikis Fusco exercises
discretionary authority as to voting, disposition and other matters. Such
clients have the right to receive dividends and the proceeds of the sale of such
shares.
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.
See attached Exhibit (a).
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
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.
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SIGNATURES
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement concerning the
undersigned is true, complete and correct.
Dated:January 26, 1996
DELTEC ASSET MANAGEMENT
CORPORATION
By /s/ STEPHEN ZUPPELLO
--------------------------------------
Stephen Zuppello
Managing Director
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement concerning the
undersigned is true, complete and correct.
Dated: January 26, 1996
KIKIS FUSCO ASSET MANAGEMENT
CORPORATION
By /s/ THOMAS P. KIKIS
--------------------------------------
Thomas P. Kikis
Managing Director
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