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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. )*
Name of Issuer: Thrustmaster, Inc.
Title of Class of Securities: Common Stock
CUSIP Number: 886027101000
(Name, Address and Telephone Number of Person
Authorized To Receive Notices and Communications)
Tom Kingsley
Simms Capital Management, Inc.
55 Railroad Avenue, Plaza Suite
Greenwich, Connecticut 06830
(Date of Event which Requires Filing of this Statement)
September 6, 1996
If the filing person has previously filed a statement on Schedule
13G to report the acquisition which is the subject of this
Schedule 13D, and is filing this schedule because of
Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following line if a fee is being paid with this
statement X. (A fee is not required only if the filing person:
(1) has a previous statement on file reporting beneficial
ownership of more than five percent of the class of securities
described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of
class. See Rule 13d-7).
*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 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).
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CUSIP No. 886027101000
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Robert A. Simms, Sr. S.S. ####-##-####
2. Check the appropriate box if a member of a group
a.
b. X
3. SEC Use Only
4. SOURCE OF FUNDS
WC
5. Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) of 2(e)
6. Citizenship or Place of Organization
U.S.
7. Sole Voting Power
8. Shared Voting Power
254,000
9. Sole Dispositive Power
10. Shared Dispositive Power
254,000
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
254,000
12. Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares*
13. Percent of Class Represented by Amount in Row (11)
6.2%
14. Type of Reporting Person*
IN
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES
TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE,
AND THE SIGNATURE ATTESTATION.
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CUSIP No. 886027101000
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Simms Capital Management, Inc. IRS # 13-3582869
2. Check the appropriate box if a member of a group
a.
b. X
3. SEC Use Only
4. SOURCE OF FUNDS
WC
5. Check if Disclosure of Legal Proceedings is Required Pursuant
to Items 2(d) of 2(e)
6. Citizenship or Place of Organization
Delaware
7. Sole Voting Power
8. Shared Voting Power
254,000
9. Sole Dispositive Power
10. Shared Dispositive Power
254,000
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11. Aggregate Amount Beneficially Owned by Each Reporting Person
254,000
12. Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares*
13. Percent of Class Represented by Amount in Row (11)
6.2%
14. Type of Reporting Person*
IA, CO
*SEE INSTRUCTIONS BEFORE FILLING OUT!
INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES
TO ITEMS 1-7 (INCLUDING EXHIBITS) OF THE SCHEDULE,
AND THE SIGNATURE ATTESTATION.
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Item 1. SECURITY AND ISSUER
This statement relates to shares of common stock (the
"Common Stock") of Thrustmaster, Inc. (the "Company"). The
Company's principal executive office is located at 7175 NW
Evergreen Parkway, #400, Hillsboro, Oregon 97124-5839. The
filing of this Schedule 13D supercedes and replaces the Schedule
13G filing made on behalf of Simms Capital Management, Inc. on
September 10, 1996.
Item 2. IDENTITY AND BACKGROUND
This statement is being filed on behalf of Mr. Robert A.
Simms, Sr. and Simms Capital Management, Inc. (together the
"Reporting Persons"). Mr. Simms is the President and Director of
Simms Capital Management, Inc. and has investment discretion over
certain managed accounts. The Reporting Persons business address
is 55 Railroad Avenue, Plaza Suite, Greenwich, Connecticut
06830.
The Reporting Persons have not during the last five
years been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors). The Reporting Persons have
not during the last five years, been a party to a civil
proceeding of a judicial or administrative body of competent
jurisdiction which resulted in a judgment, decree or final order
enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or
finding any violations with respect to such laws.
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Mr. Simms is a citizen of the United States of America.
Simms Capital Management, Inc. is a corporation organized under
the laws of Delaware.
Item 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
As of the date hereof, the Reporting Persons are deemed
to beneficially own 254,000 shares of the Company's Common Stock
(the "Shares"). The Shares are held by certain managed accounts
over which the Reporting Persons have investment discretion. The
254,000 Shares were purchased on the open market at an aggregate
cost of $1,519,371. The funds for the purchase of the Shares,
came from each managed account's own funds. No leverage was used
to purchase the Shares.
Item 4. PURPOSE OF TRANSACTION
The Shares were acquired for, and are being held for,
investment purposes. The Reporting Persons may acquire
additional shares of Common Stock, dispose of all or some of the
Shares from time to time, in each case in open market
transactions, block sales or purchases or otherwise, or may
continue to hold the Shares.
The Reporting Persons do not have any plan or proposal
which relates to, or would result in, any of the actions
enumerated in Item 4 of the instructions to Schedule 13D.
However, the Reporting Persons reserve the right to discuss
company business with management, make proposals to management
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and/or take other actions to influence the management of the
Company should he deem such actions appropriate.
Item 5. INTEREST IN SECURITIES OF THE ISSUER
As of the date hereof, the Reporting Persons are deemed
to be the beneficial owner of 254,000 shares of the Company's
Common Stock. Based on information provided by the management of
the Company, there are believed to be 4,070,196 shares of the
Company's Common Stock outstanding. Therefore, the Reporting
Persons beneficially own 6.2% of the Company's outstanding shares
of Common Stock. The Reporting Persons have the power to vote,
direct the vote, dispose of or direct the disposition of all the
shares of the Company's Common Stock that they are currently
deemed to beneficially own.
Item 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR
RELATIONSHIPS WITH RESPECT TO SECURITIES OF
THE ISSUER
The Reporting Persons do not have any contractual
arrangement, understanding or relationship with any person with
respect to the Common Stock of the Company.
Item 7. MATERIAL TO BE FILED AS EXHIBITS
Attached hereto as Exhibit A is a description of the
transactions in the shares of the Company's Common Stock that
were effected by the Reporting Persons during the past 60 days.
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Signature
The undersigned, after reasonable inquiry and to the
best of their knowledge and belief, certifies that the
information set forth in this statement is true, complete and
correct.
September 13, 1996
/s/ Robert A. Simms
Robert A Simms
Simms Capital Management, Inc.
By: /s/ Robert A. Simms
Robert A. Simms
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74690030.AJ3
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EXHIBIT A
Daily Transactions -
____________________
Trade Date Number of Shares Price Per Share Value
Purchased (or Sold)
__________ ________________ _______________ _____
6/14/96 5,000 5.13 $25,650
7/9/96 10,000 4.377 $43,770
8/26/96 12,000 4.502 $54,024
9/5/96 20,000 4.876 $97,520
9/6/96 5,000 4.75 $23,750
9/6/96 10,000 4.875 $48,750
9/6/96 10,000 5.125 $51,250
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74690030.AJ3
