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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No._________________)*
Javelin Systems, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
471896100
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(CUSIP Number)
*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 1 of 7 pages
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CUSIP No. 471896100 13G Page 2 of 7 Pages
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Oberweis Asset Management, Inc.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Illinois
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
274,200
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
274,200
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
274,200
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
6.7%
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TYPE OF REPORTING PERSON*
12
IA
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 471896100 13G Page 3 of 7 Pages
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James D. Oberweis
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 (a) [_]
Not Applicable (b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
U.S.A.
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
274,200
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
274,200
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
274,200
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable
- ------------------------------------------------------------------------------
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
11
6.7%
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TYPE OF REPORTING PERSON*
12
IN
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Item 1(a) Name of Issuer:
Javelin Systems, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
1881 Langley Avenue
Irvine, CA 92614-5138
Item 2(a) Name of Person Filing:
Oberweis Asset Management, Inc. ("OAM");
James D. Oberweis ("Mr. Oberweis")
Item 2(b) Address of Principal Business Office:
OAM, and Mr. Oberweis are both located at:
951 Ice Cream Drive, Suite 200
North Aurora, Illinois 60542
Item 2(c) Citizenship:
OAM is an Illinois Corporation.
Mr. Oberweis is a U.S. citizen.
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
471896100
Item 3 Type of Person:
(e) OAM is an Investment Advisor registered under section 203 of
the Investment Advisors Act of 1940. Mr. Oberweis is the
principal stockholder of OAM.
Page 4 of 7 pages
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Item 4 Ownership (at December 31, 1998):
(a) Amount owned "beneficially" within the meaning of rule
13d-3:
274,200 shares
(b) Percent of class:
6.7% (based on 4,112,000 shares outstanding on December
31, 1998)
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none
(ii) shared power to vote or to direct the vote:
274,200
(iii) sole power to dispose or to direct the
disposition of: none
(iv) shared power to dispose or to direct
disposition of: 274,200
OAM serves as investment advisor to The Oberweis Funds (the
"Fund"). Various of OAM's shareholders and employees are
also officers and trustees of the Fund, but OAM does not
consider the Fund to be controlled by such persons.
Although the Fund is not controlled by OAM, pursuant to Rule
16d-3(a) the 100,000 shares beneficially owned by the Fund,
with respect to which the Fund has delegated to OAM shared
voting power and shared dispositive power, are considered to
be shares beneficially owned by OAM by reason of such
delegated powers. In addition to the shares beneficially
owned by the Fund, other clients of OAM may own shares which
are not included in the aggregate number of shares reported
herein because OAM does not have or share voting or
investment power over those shares.
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:
The shares reported herein have been acquired on behalf of
discretionary clients of OAM. Persons other than OAM are
entitled to receive all dividends from, and proceeds from
the sale of, those shares.
Item 7 Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company:
Not Applicable
Page 5 of 7 pages
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Item 8 Identification and Classification of Members of the Group:
Not Applicable
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 purpose or effect.
Page 6 of 7 pages
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Signature
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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.
Date: February 10, 1999
The undersigned corporation, on the date above written, agrees
and consents to the joint filing on its behalf of this Schedule
13G in connection with its beneficial ownership of the security
reported herein.
Oberweis Asset Management, Inc.
By: /s/ Patrick B. Joyce
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Patrick B. Joyce
Executive Vice President
The undersigned individual, on the date above written, agrees and
consents to the joint filing on his behalf of this Schedule 13G
in connection with his beneficial ownership of the security
reported herein.
/s/ James D. Oberweis
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James D. Oberweis
Page 7 of 7 pages
