UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)
BE Aerospace, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
073302101
(CUSIP Number)
Check the following box if a fee is being paid with this statement [ ].
(A fee is not required only if the filing 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).
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).
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CUSIP No. 073302101 Page 1 of 4 Pages
NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Schneider Capital Management Corporation
EIN 23-2856392
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
SEC USE ONLY
CITIZENSHIP OR PLACE OF ORGANIZATION
Pennsylvania
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
SOLE VOTING POWER
153,600
SHARED VOTING POWER
None
SOLE DISPOSITIVE POWER
782,500
SHARED DISPOSITIVE POWER
None
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
782,500
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
3.4%
TYPE OF REPORTING PERSON
IA
Item 1.
(a) Name of Issuer
BE Aerospace, Inc.
(b) Address of Issuer's Principal Executive Offices
1400 Corporate Center Way
Wellington, FL 33414
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Item 2.
(a) Name of Person Filing
Schneider Capital Management Corporation
(b) Address of Principal Business Office or, if none, Residence
460 E. Swedesford Road, Suite 1080
Wayne, PA 19087
(c) Citizenship
Pennsylvania
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
073302101
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b), check
whether the person filing is a:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(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
(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 ss. 240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with ss.
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) [ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(H)
<PAGE>
Item 4. Ownership.
(a) Amount Beneficially Owned
782,500
(b) Percent of Class
3.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
153,600
(ii) shared power to vote or to direct the vote
None
(iii) sole power to dispose or to direct the disposition
of
782,500
(iv) shared power to dispose or to direct the disposition
of
None
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 hereof 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.
None
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 in
the ordinary course of business and were not acquired for the
<PAGE>
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.
SIGNATURE
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.
2/5/98
Date
Gary P. Soura, Jr.
Signature
Gary P. Soura, Jr.
Assistant Vice President
Name/Title
The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the
statement is signed on behalf of a person by his authorized
representative other than an executive officer or general partner of
the filing person, evidence of the representative's authority to sign
on behalf of such person shall be filed with the statement, provided,
however, that a power of attorney for this purpose which is already on
file with the Commission may be incorporated by reference. The name and
any title of each person who signs the statement shall be typed or
printed beneath his signature.
Attention: Intentional misstatements of omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001)
