United States
Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
Data Systems Network Corporation
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
237891-10-6
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(CUSIP Number)
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December 31, 1998
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(Date of Event which requires filing of this Statement)
Check the appropriate box to designate the rule pursuant to which
this Schedule is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* 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.
<PAGE>
Schedule 13G
CUSIP No. 237891-10-6
1. NAME OF REPORTING PERSON.
Oak Ridge Investments LLC
IRS IDENTIFICATION NO. OF ABOVE PERSON.
36-4142388
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP.
(a) [ ]
(b) [ ]
3. SEC USE ONLY.
4. CITIZENSHIP OR PLACE OF ORGANIZATION.
Delaware limited liability company
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
5. SOLE VOTING POWER.
15,000
6. SHARED VOTING POWER.
0
7. SOLE DISPOSITIVE POWER.
192,275
8. SHARED DISPOSITIVE POWER.
20,000
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON.
212,275
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES.
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9).
4.37%
12. TYPE OF REPORTING PERSON.
IA
<PAGE>
CUSIP No. 237891-10-6
ITEM 1(a). NAME OF ISSUER
Data Systems Network Corporation
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
34705 West 12 Mile Road, Suite 300
Farmington Hills, Michigan 48331
ITEM 2(a). NAME OF PERSON FILING
Oak Ridge Investments LLC
ITEM 2(b). ADDRESS OF PRINCIPAL BUSINESS OFFICE
10 South LaSalle Street, Suite 1050
Chicago, Illinois 60603
ITEM 2(c). CITIZENSHIP
Delaware limited liability company
ITEM 2(d). TITLE OR CLASS OF SECURITIES
Common Stock, $.01 par value
ITEM 2(e). CUSIP NUMBER
237891-10-6
ITEM 3. PERSONS FILING
(a) [ ] Broker of dealer registered under
section 15 of the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of
the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section
3(a)(19) of the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under
section 8 of the Investment Company Act of 1940
(15 U.S.C. 80a-8).
(e) [X] An investment adviser in accordance with
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment
fund in accordance with 240.13d-1(b)(l)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with 240.13d-1(l)(ii)(G);
(h) [ ] A savings association as defined in section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition
of an investment company under section 3(c)(14) of
the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with 240.13d-1(b)(l)(ii)(J).
ITEM 4. OWNERSHIP
Reference is made to Items 5-11 on the cover sheet
of this Schedule 13G
Oak Ridge Investments LLC has been granted
discretionary authority over its clients' securities
and in some instances has voting power over such
securities. Any and all discretionary authority which
has been delegated to Oak Ridge Investments LLC may be
revoked in whole or in part at any time.
<PAGE>
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 of this report, 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
1) Oak Ridge Investments LLC does not serve as
custodian of the assets of any of its clients;
accordingly, only the client or client's custodian or
trustee bank has the right to receive dividends paid
with respect to, and proceeds from the sale of, such
securities.
The ultimate power to direct the receipt of
dividends paid with respect to, and the proceeds from
the sale of, such securities is vested in the clients
for which Oak Ridge Investments LLC serves as
investment adviser. Any and all discretionary
authority which has been delegated to Oak Ridge
Investments LLC may be revoked in whole or in part at
any time.
Not more than 5% of the class of such securities
is owned by any one of such clients subject to the
advice of Oak Ridge Investments LLC or its affiliates.
2) With respect to securities owned by Oak Ridge
Funds, Inc. (the "Fund"), only Firstar Bank Milwaukee,
N.A., as custodian for the Fund, has the right to
receive dividends paid with respect to, and proceeds
from the sale of, such securities. No other person is
known to have such right, except that the shareholders
of the Fund participate proportionately in any
dividends and distributions so paid.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
N/A
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
N/A
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
N/A
ITEM 10. CERTIFICATION
By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above
were acquired and are held in the ordinary course of
business and were not acquired and are not held for the
purpose of or with the effect of changing or
influencing the control of the issuer of the securities
and were not acquired and are not held in connection
with or as a participant in any transaction having that
purpose or effect.
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.
February 2, 1999
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Date
/s/ Samuel Wegbreit
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Signature
Samuel Wegbreit
Managing Member,
Oak Ridge Investments LLC
