UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
APPLIED EXTRUSION TECHNOLOGIES, INC.
(Name of Issuer)
COMMON STOCK
$.01 PAR VALUE
(Title of Class of Securities)
038196101
(CUSIP Number)
Kevin S. Moore
Senior Vice President and Chief Financial Officer
The Clark Estates, Inc.
Thirty-First Floor
One Rockefeller Plaza
New York, New York 10020
Tel. No.: (212) 269-1833
With a copy to:
David W. Ambrosia, Esq.
Winthrop, Stimson, Putnam & Roberts
One Battery Park Plaza
New York, New York 10004-1490
(212) 858-1208
(Name, Address and Telephone Number of
Person Authorized to Receive Notices
and Communications)
May 28, 1998
(Date of Event which Requires
Filing of this Statement)
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 statement because of Rule 13d-1(b)(3) or (4), check the following: [ ]
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Item 3. Source and Amount of Funds or Other Consideration. All the shares
of Company Common Stock owned by the Reporting Person were purchased in open
market transactions. As of May 27, 1998, the Reporting Person was the beneficial
owner of 510,200 shares of Common Stock. The Reporting Person's further
purchases of 69,800 shares of Common Stock are described in Schedule II hereto,
which is incorporated herein by reference. The 580,000 total shares,
representing 5.28% of Company Common Stock, were acquired by funds available for
investment in certain of the accounts of which the Reporting Person provides
management and administrative services.
<PAGE>
SIGNATURES
After reasonable inquiry and to the best knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
September 4, 1998
- -----------------
Date
/s/ Kevin S. Moore
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Signature
Senior Vice President and
Chief Financial Officer
The Clark Estates, Inc.
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Name/Title
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SCHEDULE II
Transactions in Company Common Stock
Effected by Reporting Person
During Past Sixty Days
Date Transaction Number of Per Share
Type Shares Purchased Sale Price
-------- --------------- ---------------- ----------
05-28-98 Market Purchase 45,000 7.38640
05-29-98 Market Purchase 2,500 7.18500
06-01-98 Market Purchase 1,000 7.24570
06-05-98 Market Purchase 21,300 7.24750
