SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No. 1 )
NATIONAL VISION ASSOCIATES, LTD.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
638459107
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(CUSIP Number)
December 31, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
|_| Rule 13d-1(b)
|X| Rule 13d-1(c)
|_| Rule 13d-1(d)
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1The 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 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 8 Pages
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CUSIP No. 638459107 13G Page 2 of 8 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
WisdomTree Capital Management, Inc.
I.D. #13-3729429
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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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 of Common Stock
NUMBER OF -------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0 shares of Common Stock
EACH -------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0 shares of Common Stock
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 shares of Common Stock
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 shares of Common Stock
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|-|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
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12 TYPE OF REPORTING PERSON*
CO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 8 Pages
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CUSIP No. 638459107 13G Page 3 of 8 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
WisdomTree Associates, L.P.
I.D. #13-3729430
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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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 of Common Stock
NUMBER OF -------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0 shares of Common Stock
EACH -------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0 shares of Common Stock
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 shares of Common Stock
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 shares of Common Stock
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|-|
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 8 Pages
<PAGE>
CUSIP No. 638459107 13G Page 4 of 8 Pages
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1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
WisdomTree Offshore LTD.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) |_|
(b) |X|
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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 of Common Stock
NUMBER OF -------------------------------------------------
SHARES 6 SHARED VOTING POWER
BENEFICIALLY
OWNED BY 0 shares of Common Stock
EACH -------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON
WITH 0 shares of Common Stock
-------------------------------------------------
8 SHARED DISPOSITIVE POWER
0 shares of Common Stock
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0 shares of Common Stock
- ------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
|-|
- ------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0%
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12 TYPE OF REPORTING PERSON*
OO
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*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 8 Pages
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CUSIP No. 638459107 13G Page 5 of 8 Pages
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Item 1(a). Name of Issuer:
National Vision Associates, Ltd.
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Item 1(b.) Address of Issuer's Principal Executive Offices:
39 Graystone Highway, Lawrenceville, Georgia 30245
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Item 2(a). Name of Persons Filing:
WisdomTree Capital Management, Inc. ("WTInc")
WisdomTree Associates, L.P. ("WTAssociates")
WisdomTree Offshore, LTD. ("WTOffshore")
Item 2(b). Address of Principal Business Office or, if None, Residence:
WTInc: WisdomTree Capital Management, Inc., 1633 Broadway,
New York, New York 10019
WT Associates: WisdomTree Associates, L.P., 1633 Broadway,
New York, New York 10019
WT Offshore: WisdomTree Offshore, LTD., Zephyr House,
5th Floor, P.O. Box 1561, Mary Street, Grand Cayman,
Cayman Islands, British West Indies
Item 2(c). Citizenship:
U.S.A.
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Item 2(d). Title of Class of Securities:
Common Stock
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Item 2(e). CUSIP Number:
638459107
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Page 5 of 8 Pages
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CUSIP No. 638459107 13G Page 6 of 8 Pages
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Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) |_| Broker or dealer registered under Section 15 of the Exchange Act;
(b) |_| Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) |_| Insurance company as defined in Section 3(a)(19) of the Exchange Act;
(d) |_| Investment company registered under Section 8 of the Investment
Company Act;
(e) |_| An investment adviser in accordance with Rule 13d-1(b)(ii)(E);
(f) |_| An employee benefit plan or endowment fund in accordance with Rule
13d- 1(b)(1)(ii)(F);
(g) |_| A parent holding company or control person in accordance with Rule
13d-1(b)(ii)(G)
(h) |_| A savings association as defined in Section 3(b) of the Federal Deposit
Insurance Act;
(i) |_| A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act;
(j) |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J);
If this statement is filed pursuant to Rule 13d-1(c), check this box |X|
Item 4. Ownership
(a) As of the close of business on December 31, 1998, none of the
Reporting Persons beneficially owned any shares of Common Stock.
(b) See Item 4(a), above.
(c) See Item 4(a), above.
Page 6 of 8 Pages
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CUSIP No. 638459107 13G Page 7 of 8 Pages
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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.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company.
Item 8. Identification and Classification of Members of the Group.
Item 9. Notice of Dissolution of Group.
Item 10. Certifications.
"By signing below I certify that, to the best of my 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."
Page 7 of 8 Pages
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CUSIP No. 638459107 13G Page 8 of 8 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 10, 1999 WisdomTree Associates, L.P.
By: WisdomTree Capital Management, Inc.,
General Partner
/s/ Jonathan L. Steinberg
By:________________________________________
Name: Jonathan L. Steinberg
Title: Chairman and Chief
Executive Officer
Dated: February 10, 1999 WisdomTree Capital Management, Inc.
/s/ Jonathan L. Steinberg
By:________________________________________
Name: Jonathan L. Steinberg
Title: Chairman and Chief
Executive Officer
Dated: February 10, 1999 WisdomTree Offshore, Ltd.
/s/ Jonathan L. Steinberg
By:_______________________________________
Name: Johnathan L. Steinberg
Title: Director
Page 8 of 8 Pages
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