UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
SCAN OPTICS, INC.
COMMON STOCK
CUSIP Number: 805894102
December 31, 1999
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is field:
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 his 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)
1. NAME OF REPORTING PERSON
S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Killen Group, Inc.
IRS #23-2213851
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Incorporated in the Commonwealth of Pennsylvania
NUMBER OF 5. SOLE VOTING POWER 370,417
SHARES
BENEFICIALLY 6. SHARE VOTING POWER
OWNED BY
EACH 7. SOLE DISPOSITIVE POWER 569,357
REPORTING
PERSON 8. SHARED DISPOSITIVE POWER
WITH:
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
569,357
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
7.7%
12. TYPE OF REPORTING PERSON*
I
Item 1.
(a) The Issuer is Scan Optics, Inc.
(b) The Issuer's principal offices are located at 169 Progress Drive,
Manchester, CT 06040-2294
Item 2.
The Killen Group, Inc.
(a) The Killen Group, Inc. is a person filing this report.
(b) The Killen Group's address is 1189 Lancaster Avenue, Berwyn,
Pa 19312.
(c) The Killen Group is a corporation incorporated under the laws of
the Commonwealth of Pennsylvania.
(d) This filing pertains to the common stock of the Issuer.
(e) The CUSIP number for the common stock is 805894102.
Item 3.
The Killen group, Inc. is an Investment Adviser registered under section
203 of the Investment Adviser Act of 1940.
Item 4.
The Killen Group
(a) The Killen Group is the beneficial owner of 569,357 shares of the
Issuer's common stock.
(b) The amount owned by The Killen Group is 7.7% of the shares
outstanding.
(c) (i) The Killen Group has the sole power to vote or to direct the
vote of 370,417 shares of common stock.
(iii) The Killen Group has the sole power to dispose or to direct
the disposition of 569,357 shares of common stock.
Item 5.
Not applicable.
Item 6.
Other persons who have the right to receive dividends and the right to
the proceeds of a sale of the
securities are the clients of The Killen Group, for whom the securities
were purchased.
Item 7.
Not applicable.
Item 8.
Not applicable.
Item 9.
Not applicable.
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 or such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes or effect.
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.
Date: February 9, 2000
The Killen Group, Inc.
/s/Robert E. Killen
Robert E. Killen, Chairman & CEO
