UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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SCHEDULE 13G
(Rule 13d-102)
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
EDUCATIONAL MEDICAL INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
281490102
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(CUSIP Number)
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* 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 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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SCHEDULE 13G
CUSIP No. 281490102
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1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Pecks Management Partners Ltd.
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2 Check the Appropriate Box If a Member of a Group* a. |_|
b. |_|
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3 SEC Use Only
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4 Citizenship or Place of Organization
New York
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5 Sole Voting Power
Number of
Shares 878,692
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting -0-
Person --------------------------------------------------------
With 7 Sole Dispositive Power
878,692
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8 Shared Dispositive Power
-0-
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9 Aggregate Amount Beneficially Owned by Each Reporting Person
878,692
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10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares* |_|
Not Applicable
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11 Percent of Class Represented By Amount in Row (9)
12.66%
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12 Type of Reporting Person*
IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 5 pages
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Item 1(a). Name of Issuer
EDUCATIONAL MEDICAL INC. (the "Company")
Item 1(b). Address of Issuer's Principal Executive Offices
1327 Northmeadow Parkway, Suite 132
Roswell, GA 30076
Item 2(a). Name of Person Filing
Pecks Management Partners Ltd. ("Pecks")
Item 2(b). Address of Principal Business Office
One Rockefeller Plaza
New York, NY 10020
Item 2(c). Citizenship
New York
Item 2(d). Title of Class of Securities
Common Stock of the Company (the "Common Stock")
Item 2(e). CUSIP Number
281490102
Item 3(e).
Pecks is filing this Schedule 13G as an Investment Advisor
registered under section 203 of the Investment Advisors Act of
1940.
Item 4. Ownership
(a) Amount Beneficially Owned: 878,692
(b) Percent of Class: 12.66%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 878,692
(ii) shared power to vote or to direct the vote: Not
applicable
(iii) sole power to dispose or to direct the disposition
of: 878,692
(iv) shared power to dispose or to direct the
disposition of: Not applicable
Page 3 of 5 pages
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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
The Common Stock as to which this Schedule 13G relates are owned
by three investment advisory clients of Pecks, which clients
would receive dividends and the proceeds from the sale of such
shares. One such client, Delaware State Employee's Retirement
Fund, is known to have such interest with respect to more than 5%
of the class.
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
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 purposes or effect.
Page 4 of 5 pages
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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.
Dated: February 12, 1997
PECKS MANAGEMENT PARTNERS LTD.
By: /s/ Robert J. Cresci
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Robert J. Cresci
Managing Director
Page 5 of 5 pages
