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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment No. 2)
Under the Securities Exchange Act of 1934
Source Media, Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
- --------------------------------------------------------------------------------
(Title of Class of Securities)
836153304
---------
(CUSIP Number)
December 31, 1999
-----------------
(Date of Event Which Required Filing of this Statement)
Check the appropriate box to designate the rule
pursuant to which this Schedule is filed:
[ ] 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).
Page 1 of 3 Pages
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CUSIP No. 836153304 13G Page 2 of 3 Pages
- ------------------- -----------------
- ---------- ---------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Pecks Management Partners Ltd. 11-3015963
- ---------- ---------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
Not applicable
- ---------- ---------------------------------------------------------------------
3 SEC USE ONLY
- ---------- ---------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
- -------------------- ------ ----------------------------------------------------
5 SOLE VOTING POWER
0
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NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY Not applicable
OWNED BY
EACH ------ ----------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0
------ ----------------------------------------------------
8 SHARED DISPOSITIVE POWER
Not applicable
- ---------- ---------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
- ---------- ---------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not applicable
- ---------- ---------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0%
- ---------- ---------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IA
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PECKS MANAGEMENT PARTNERS LTD.
Item 1a. Source Media, Inc.
Item 1b 8140 Walnut Hill Lane
Suite 1000
Dallas, TX 75231
Item 2a Pecks Management Partners Ltd.
Item 2b One Rockefeller Plaza, Suite 900
New York, NY 10020
Item 2c New York
Item 2d Common Stock
Item 2e Cusip: 836153304
Item 3e Investment Adviser Registered under Section 203 of the
Investment Advisers Act of 1940
Item 4a 0 shares
b 0%
ci 0
ii none
iii 0
iv none
Item 5 This statement is being filed to report the fact 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.
Item 6-9 Inapplicable
Item 10 "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."
After reasonable inquiry and to the best of my
knowledge and belief, I certify that the
information set forth is true, complete and
correct
Dated: February 14, 2000
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By: /s/ Arthur W. Berry
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Name: Arthur W. Berry
Title: Managing Director
