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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Information statement pursuant to Rule 13d-1 and 13d-2
(Amendment No. 1)*
Education 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)
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 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 ("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).
** We held securities convertible into common stock.
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SCHEDULE 13G
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CUSIP NO. 281490102 13G
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Pecks Management Partners, Ltd. 11-3015963
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
Not Applicable
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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 0 shares
NUMBER OF ------ -------------------------------------------------
SHARES
BENEFICIALLY OWNED BY 6 SHARED VOTING POWER None
EACH ------ -------------------------------------------------
REPORTING
PERSON WITH 7 SOLE DISPOSITIVE POWER 0 shares
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8 SHARED DISPOSITIVE POWER None
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 shares
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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
0%
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12 TYPE OF REPORTING PERSON*
IA
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
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PECKS MANAGEMENT PARTNERS LTD.
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Item 1a. Education Medical Inc.
Item 1b 1327 Northmeadow Parkway, Suite 132
Roswell, GA 30076
Item 2a Pecks Management Partners Ltd.
Item 2b One Rockefeller Plaza
New York, NY 10020
Item 2c New York
Item 2d Common Stock*
* We held securities convertible into Common Stock
Item 2e Cusip: 281490102
Item 3e An investment adviser in accordance with
section 240.13d-1(b)(1)(ii)(E).
Item 4 a 0 shares
b 0%
c (i) 0
(ii) None
(iii) 0
(iv) None
Item 5 This statement is being filed to report the fact that as
of the date hereof the reporting person filing this
schedule has ceased to be the beneficial owner of more than
five percent of the class of securities.
Items 6-9 Inapplicable
Item 10: By signing below the undersigned certifies that, to
the best of the undersigned's knowledge and belief, the
securities referred to above 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.
July 8, 1998
/s/ Robert J. Cresci
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Robert J. Cresci
Managing Director
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