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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
Amendment No. 1
Telechips Corporation
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
879269108
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(CUSIP Number)
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CUSIP NO.
879269108
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1. Names of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Marie A. Bell Separate Property Trust U/D/T Dated October 16, 1992
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2. Check the Appropriate Box if a Member of a Group
(a)
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(b) X
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3. SEC Use Only
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4. Citizenship or place of Organization
Nevada
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<TABLE>
<S> <C>
Number of 5. Sole Voting Power
Shares
Beneficially 462,764
Owned By ----------------------
Each 6. Shared Voting Power
Reporting
Person With 0
----------------------
7. Sole Dispositive Power
462,764
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8. Shared Dispositive Power
0
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</TABLE>
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CUSIP NO.
879269108
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
462,764
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
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11. Percent of Class Represented by Amount in Row (9)
7.8%
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12. Type of Reporting Person
OO-Trust
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Item 1(a). Name of Issuer:
Telechips Corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
6880 S. McCarran Boulevard
Reno, Nevada 89509
Item 2(a). Name of Person Filing:
Marie A. Bell Separate Property Trust U/D/T Dated October 16,
1992 (the "Bell Trust")
Item 2(b). Address of Principal Business Office, or, if None, Residence:
3465 Kinney Lane
Reno, Nevada 89511
Item 2(c). Citizenship:
Nevada
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CUSIP NO.
879269108
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Item 2(d). Title and Class of Securities:
Common Stock, $.01 par value
Item 2(e). CUSIP Number:
879269108
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 Act
(b). [ ] Bank as defined in Section 3(a)(6) of the Act
(c). [ ] Insurance Company as defined in Section
3(a)(19) of the Act
(d). [ ] Investment Company registered under Section 8
of the Investment Company Act
(e). [ ] Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940
(f). [ ] Employee Benefit Plan, Pension Fund which is
subject to the provisions of the Employee
Retirement Income Security Act of 1974 or
Endowment Fund; see 13d-1(b)(1)(ii)(F)
(g). [ ] Parent Holding Company, in accordance with
Rule 13d-1(b)(ii)(G) (Note: See Item 7)
(h). [ ] Group, in accordance with Rule
13d-1(b)(ii)(H)
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CUSIP NO.
879269108
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Item 4. Ownership.
(a). Amount beneficially owned:
As of December 31, 1996, the Bell Trust beneficially
owned 462,764 shares of Common Stock. This amount
includes 101,346 shares of Common Stock held in
escrow pursuant to the Series B Escrow Agreement by
and among the Company, American Stock Transfer
Company of New York as escrow agent, and certain
stockholders of the Company, dated as of October 31,
1994, as amended on October 20, 1995; and (iii)
260,072 shares of Common Stock held in escrow under
the terms of the of the Founder's Option Agreement
between the Company and certain founders. The
stockholder of record of the shares of Common Stock
is Marie A. Bell as Trustee of the Bell Trust; Marie
A. Bell is the wife of C. A. Burns; the beneficiary
of said trust is C. A. Burns.
(b). Percent of class:
See the response(s) to Item 11 on the cover page(s).
(c). Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
See the response(s) to Item 5 on the attached
cover page(s).
(ii) Shared power to vote or direct the vote:
See the response(s) to Item 6 on the attached
cover page(s).
(iii) Sole power to dispose or to direct the
disposition of:
See the response(s) to Item 7 on the attached
cover page(s).
(iv) Shared power to dispose or to direct the
disposition of:
See the response(s) to Item 8 on the attached
cover page(s).
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CUSIP NO.
879269108
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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]*.
* As of the date hereof, the Bell Trust owns
approximately 2.9% of the outstanding shares of
Common Stock of the Company.
Item 6. Ownership of More than Five Percent on Behalf of Another
Person.
See response to Item 4(a).
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not Applicable
Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
Not Applicable
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.
Date: February 14, 1997
/s/ MARIE A. BELL
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Name: Marie A. Bell
Title: Trustee of the Marie A.
Bell Separate Property Trust
U/D/T Dated October 16, 1992
