<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2 )*
Special Devices, Inc.
---------------------
(Name of Issuer)
Common Stock, par value $.01 per share
--------------------------------------
(Title of Class of Securities)
84740910
--------
(CUSIP Number)
Sara R. Bolduc
Greenberg-Summit Partners, L.L.C.
600 Atlantic Avenue
Boston, MA 02110
- - --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 2, 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
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Note: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-1(a) for other parties to whom copies are to be
sent.
*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
disclosures provided in a prior cover page.
The information required on 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).
(Continued on following page(s))
Page 1 of 11 Pages
<PAGE> 2
SCHEDULE 13D
CUSIP NO. 84740910 Page 2 of 11 Pages
- - ----------- ====================================================================
1 NAME OF REPORTING PERSON
====================================================================
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Greenberg- Summit Partners, L.L.C.
- - ----------- ====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
====================================================================
(a) [ ]
(b) [X]
- - ----------- ====================================================================
3 SEC USE ONLY
- - ----------- ====================================================================
4 SOURCE OF FUNDS*
00
- - ----------- ====================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
- - ----------- ====================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- - ----------- ====================================================================
NUMBER OF 7 SOLE VOTING POWER
SHARES
- - -------------------------------------- 0
- - -------------------------------------- -------- ================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
- - -------------------------------------- 754,000
- - -------------------------------------- -------- ================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
- - -------------------------------------- 0
- - -------------------------------------- -------- ================================
PERSON 10 SHARED DISPOSITIVE POWER
WITH
- - -------------------------------------- 754,000
- - ----------- ====================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
754,000
- - ----------- ====================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- - ----------- ====================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.5%
- - ----------- ====================================================================
14 TYPE OF REPORTING PERSON*
00
- - ----------- ====================================================================
<PAGE> 3
SCHEDULE 13D
CUSIP NO. 84740910 Page 3 of 11 Pages
- - ----------- ====================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Mt. Everest Fund, L.P.
- - ----------- ====================================================================
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 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
- - ----------- ====================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- - -------------------------------------- -------- ================================
NUMBER OF 7 SOLE VOTING POWER
SHARES
- - -------------------------------------- ================================
0
- - -------------------------------------- -------- ================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
- - -------------------------------------- ================================
754,000
- - -------------------------------------- -------- ================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
- - -------------------------------------- ================================
0
- - -------------------------------------- -------- ================================
PERSON 10 SHARED DISPOSITIVE POWER
WITH
- - -------------------------------------- ================================
754,000
- - ----------- ====================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
754,000
- - ----------- ====================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- - ----------- ====================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.5%
- - ----------- ====================================================================
14 TYPE OF REPORTING PERSON*
PN
- - ----------- ====================================================================
<PAGE> 4
SCHEDULE 13D
CUSIP NO. 84740910 Page 4 of 11 Pages
- - ----------- ====================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Mt. Everest QP Fund, L.P.
- - ----------- ====================================================================
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 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
- - ----------- ====================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- - -------------------------------------- -------- ================================
NUMBER OF 7 SOLE VOTING POWER
SHARES
- - -------------------------------------- ================================
0
- - -------------------------------------- -------- ================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
- - -------------------------------------- ================================
754,000
- - -------------------------------------- -------- ================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
- - -------------------------------------- ================================
0
- - -------------------------------------- -------- ================================
PERSON 10 SHARED DISPOSITIVE POWER
WITH
- - -------------------------------------- ================================
754,000
- - ----------- ====================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
754,000
- - ----------- ====================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- - ----------- ====================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.5%
- - ----------- ====================================================================
14 TYPE OF REPORTING PERSON*
PN
- - ----------- ====================================================================
<PAGE> 5
SCHEDULE 13D
CUSIP NO. 84740910 Page 5 of 11 Pages
- - ----------- ====================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Mt. Everest Fund Limited
- - ----------- ====================================================================
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 BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
- - ----------- ====================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
- - -------------------------------------- -------- ================================
NUMBER OF 7 SOLE VOTING POWER
SHARES
- - -------------------------------------- ================================
0
- - -------------------------------------- -------- ================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
- - -------------------------------------- ================================
754,000
- - -------------------------------------- -------- ================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
- - -------------------------------------- ================================
0
- - -------------------------------------- -------- ================================
PERSON 10 SHARED DISPOSITIVE POWER
WITH
- - -------------------------------------- ================================
754,000
- - ----------- ====================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
754,000
- - ----------- ====================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- - ----------- ====================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.5%
- - ----------- ====================================================================
14 TYPE OF REPORTING PERSON*
CO
- - ----------- ====================================================================
<PAGE> 6
SCHEDULE 13D
CUSIP NO. 84740910 Page 6 of 11 Pages
- - ----------- ====================================================================
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON:
Lawrence D. Greenberg
- - ----------- ====================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- - ----------- ====================================================================
3 SEC USE ONLY
- - ----------- ====================================================================
4 SOURCE OF FUNDS*
00
- - ----------- ====================================================================
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(D) OR 2(E) [ ]
- - ----------- ====================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- - -------------------------------------- -------- ================================
NUMBER OF 7 SOLE VOTING POWER
SHARES
- - -------------------------------------- ================================
0
- - -------------------------------------- -------- ================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY
- - -------------------------------------- ================================
754,000
- - -------------------------------------- -------- ================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
- - -------------------------------------- ================================
0
- - -------------------------------------- -------- ================================
PERSON 10 SHARED DISPOSITIVE POWER
WITH
- - -------------------------------------- ================================
754,000
- - ----------- ====================================================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
754,000
- - ----------- ====================================================================
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES* [ ]
- - ----------- ====================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
9.5%
- - ----------- ====================================================================
14 TYPE OF REPORTING PERSON*
IN
- - ----------- ====================================================================
<PAGE> 7
Page 7 of 11 Pages
AMENDMENT NO. 2 TO
SCHEDULE 13D
This Amendment No. 2 to the Statement on Schedule 13D filed on October
3, 1997 and amended by Amendment No. 1 to Schedule 13D filed on October 16, 1997
(the "Statement") by Mt. Everest Fund, L.P., a Delaware limited partnership, Mt.
Everest QP Fund, L.P., a Delaware limited partnership and Mt. Everest Fund
Limited, a Bermuda corporation, by virtue of their direct beneficial ownership
of Common Stock (as defined below), and Greenberg-Summit Partners, L.L.C., a
Delaware limited liability company and Lawrence D. Greenberg, an individual, by
virtue of their indirect beneficial ownership of Common Stock through their
control of Mt. Everest Fund, L.P., Mt. Everest QP Fund, L.P. and Mt. Everest
Fund Limited (collectively, the "Reporting Persons"), relates to the Common
Stock, par value $.01 per share (the "Common Stock"), of Special Devices, Inc.,
a Delaware corporation (the "Issuer"), and is being filed pursuant to Rule 13d-2
of the General Rules and Regulations under the Securities and Exchange Act of
1934, as amended. Unless otherwise defined herein, capitalized terms used herein
shall have the meanings given to such terms in the Statement. Items 3 and 5 of
the Statement are amended and supplemented as set forth below.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION:
In addition to the purchases reported on the Statement, Mt. Everest
Fund, L.P. acquired an additional 25,900 shares of Common Stock of the Issuer in
a series of purchases from October 16, 1997 through February 9, 1998 for an
average purchase price of $26.09 per share. The working capital of Mt. Everest
Fund, L.P. was the source of funds for these purchases. No part of the purchase
price was or will be represented by funds or other consideration borrowed or
otherwise obtained for the purpose of acquiring, holding, trading, or voting the
securities. All of such additional purchases are set forth on Schedule A
Attached hereto.
In addition to the purchases reported on the Statement, Mt. Everest QP
Fund, L.P. acquired an additional 98,400 shares of Common Stock of the Issuer in
a series of purchases from October 16, 1997 through February 9, 1998 for an
average purchase price of $26.09 per share. The working capital of Mt. Everest
Fund, L.P. was the source of funds for these purchases. No part of the purchase
price was or will be represented by funds or other consideration borrowed or
otherwise obtained for the purpose of acquiring, holding, trading, or voting the
securities. All of such additional purchases are set forth on Schedule A
Attached hereto.
In addition to the purchases reported on the Statement, Mt. Everest
Fund Limited acquired an additional 91,900 shares of Common Stock of the Issuer
in a series of purchases from October 16, 1997 through February 9, 1998 for an
average purchase price of $26.09 per share. The working capital of Mt. Everest
Fund, L.P. was the source of funds for these purchases. No part of the purchase
price was or will be represented by funds or other consideration borrowed or
otherwise obtained for the purpose of acquiring, holding, trading, or voting the
securities. All of such additional purchases are set forth on Schedule A
Attached hereto.
ITEM 5. INTEREST IN THE SECURITIES OF THE ISSUER:
(a) As of February 9, 1998 Mt. Everest Fund, L.P. was the record owner
of 121,150 shares of Common Stock of the Issuer. As of February 9, 1998, Mt.
Everest QP Fund, L.P. was the record owner of 460,850 shares of Common Stock of
the Issuer. As of February 9, 1998, Mt. Everest Fund Limited was the record
owner of 172,000 shares of Common Stock of the Issuer. The shares held of record
by Mt. Everest Fund, L.P., Mt. Everest QP Fund, L.P. and Mt. Everest Fund
Limited are referred to herein collectively as the "Record Shares." By virtue of
the affiliate relationships among the entities, each Entity may be deemed to own
beneficially all the Record Shares. Hence, each Entity may be deemed to own
754,000 shares of Common Stock. In its capacity as sole General Partner of each
of the Mt. Everest Fund, L.P. and Mt. Everest QP Fund, L.P., and as investment
manager of Mt. Everest Fund Limited, Greenberg-Summit Partners, L.L.C. may be
deemed to own beneficially 754,000 shares of Common Stock. In his capacity as
managing member of Greenberg-Summit Partners, L.L.C., Lawrence D. Greenberg may
be deemed to own beneficially 754,000 shares of Common Stock.
Each of the Reporting Persons expressly disclaims beneficial ownership
of any shares of Common Stock of Special Devices, Inc., except in the case of
Mt. Everest Fund, L.P. for the 121,150 shares which is holds of record, in the
case of Mt. Everest QP Fund, L.P. for the 460,850 shares which it holds of
record, and in the case of Mt. Everest Fund Limited for the 172,000 shares which
it holds of record.
<PAGE> 8
Page 8 of 11 Pages
(b) Number of Shares as to which each such person has
(i) Sole power to vote or direct the vote:
0 shares for each Reporting Person;
(ii) Shared power to vote or direct the vote:
Greenberg-Summit Partners, L.L.C.: 754,000 shares
Mt. Everest Fund, L.P.: 754,000 shares
Mt. Everest QP Fund, L.P.: 754,000 shares
Mt. Everest Fund Limited: 754,000 shares
Lawrence D. Greenberg: 754,000 shares
(iii) Sole power to dispose or to direct the disposition:
0 shares for each Reporting Person;
(ii) Shared power to dispose or to direct the disposition:
Greenberg-Summit Partners, L.L.C.: 754,000 shares
Mt. Everest Fund, L.P.: 754,000 shares
Mt. Everest QP Fund, L.P.: 754,000 shares
Mt. Everest Fund Limited: 754,000 shares
Lawrence D. Greenberg: 754,000 shares
(c) Except as set forth above, none of the Reporting Persons has
effected any transaction in the Shares during the last 60 days.
(d) No other person is known to have the right to receive or the
power to direct the receipt of dividends from, or any proceeds from the sale of,
the Shares beneficially owned by any of the Reporting Persons.
(e) Not applicable.
<PAGE> 9
Page 9 of 11 Pages
Schedule A
<TABLE>
<CAPTION>
Trade Date Fund shares symbol Company Price broker
<S> <C> <C> <C> <C> <C> <C> <C>
10/23/97 Mt. Everest Fund Limited 500 SDII SPECIAL DEVICES INC 24 broker Purchases 10/16/98
10/23/97 Mt. Everest Fund LP 600 SDII SPECIAL DEVICES INC 24 broker through February 9,
10/23/97 Mt. Everest QP Fund, L.P. 1900 SDII SPECIAL DEVICES INC 24 broker 1998
11/19/97 Mt. Everest Fund LP 300 SDII SPECIAL DEVICES INC 24.38 broker LTD 91,900
11/19/97 Mt. Everest Fund Limited 400 SDII SPECIAL DEVICES INC 24.38 broker LP 25,900
11/19/97 Mt. Everest QP Fund, L.P. 1300 SDII SPECIAL DEVICES INC 24.38 broker QP 98,400
11/20/97 Mt. Everest Fund LP 700 SDII SPECIAL DEVICES INC 24.5 broker Aggregate 216,200
11/20/97 Mt. Everest Fund Limited 800 SDII SPECIAL DEVICES INC 24.5 broker
11/20/97 Mt. Everest QP Fund, L.P. 3000 SDII SPECIAL DEVICES INC 24.5 broker
11/28/97 Mt. Everest Fund LP 400 SDII SPECIAL DEVICES INC 26.13 broker
11/28/97 Mt. Everest Fund Limited 500 SDII SPECIAL DEVICES INC 26.13 broker
11/28/97 Mt. Everest QP Fund, L.P. 1600 SDII SPECIAL DEVICES INC 26.13 broker
11/28/97 Mt. Everest Fund LP 900 SDII SPECIAL DEVICES INC 25.69 broker
11/28/97 Mt. Everest Fund Limited 1000 SDII SPECIAL DEVICES INC 25.69 broker
11/28/97 Mt. Everest QP Fund, L.P. 3100 SDII SPECIAL DEVICES INC 25.69 broker
12/1/97 Mt. Everest Fund LP 100 SDII SPECIAL DEVICES INC 27.38 broker
12/1/97 Mt. Everest Fund Limited 33100 SDII SPECIAL DEVICES INC 27.38 broker
12/4/97 Mt. Everest Fund LP 300 SDII SPECIAL DEVICES INC 25.63 broker
12/4/97 Mt. Everest Fund Limited 400 SDII SPECIAL DEVICES INC 25.63 broker
12/4/97 Mt. Everest QP Fund, L.P. 1300 SDII SPECIAL DEVICES INC 25.63 broker
12/10/97 Mt. Everest Fund LP 1500 SDII SPECIAL DEVICES INC 23.47 broker
12/10/97 Mt. Everest Fund Limited 1700 SDII SPECIAL DEVICES INC 23.47 broker
12/10/97 Mt. Everest QP Fund, L.P. 5700 SDII SPECIAL DEVICES INC 23.47 broker
12/11/97 Mt. Everest Fund LP 300 SDII SPECIAL DEVICES INC 22.75 broker
12/11/97 Mt. Everest Fund Limited 400 SDII SPECIAL DEVICES INC 22.75 broker
12/11/97 Mt. Everest QP Fund, L.P. 1400 SDII SPECIAL DEVICES INC 22.75 broker
12/11/97 Mt. Everest Fund LP 1600 SDII SPECIAL DEVICES INC 22.63 broker
12/11/97 Mt. Everest Fund Limited 1900 SDII SPECIAL DEVICES INC 22.63 broker
12/11/97 Mt. Everest QP Fund, L.P. 6500 SDII SPECIAL DEVICES INC 22.63 broker
12/15/97 Mt. Everest Fund LP 600 SDII SPECIAL DEVICES INC 22.86 broker
12/15/97 Mt. Everest Fund Limited 700 SDII SPECIAL DEVICES INC 22.86 broker
12/15/97 Mt. Everest QP Fund, L.P. 2200 SDII SPECIAL DEVICES INC 22.86 broker
12/15/97 Mt. Everest Fund LP 1700 SDII SPECIAL DEVICES INC 23.55 broker
12/15/97 Mt. Everest Fund Limited 1900 SDII SPECIAL DEVICES INC 23.55 broker
12/15/97 Mt. Everest QP Fund, L.P. 6400 SDII SPECIAL DEVICES INC 23.55 broker
12/16/97 Mt. Everest Fund LP 1200 SDII SPECIAL DEVICES INC 25.13 broker
12/16/97 Mt. Everest Fund Limited 1400 SDII SPECIAL DEVICES INC 25.13 broker
12/16/97 Mt. Everest QP Fund, L.P. 4600 SDII SPECIAL DEVICES INC 25.13 broker
12/16/97 Mt. Everest Fund LP 2200 SDII SPECIAL DEVICES INC 26.09 broker
12/16/97 Mt. Everest Fund Limited 2500 SDII SPECIAL DEVICES INC 26.09 broker
12/16/97 Mt. Everest QP Fund, L.P. 8300 SDII SPECIAL DEVICES INC 26.09 broker
12/19/97 Mt. Everest Fund LP 1300 SDII SPECIAL DEVICES INC 26.16 broker
12/19/97 Mt. Everest Fund Limited 1400 SDII SPECIAL DEVICES INC 26.16 broker
12/19/97 Mt. Everest QP Fund, L.P. 4800 SDII SPECIAL DEVICES INC 26.16 broker
12/22/97 Mt. Everest Fund LP 700 SDII SPECIAL DEVICES INC 28 broker
12/22/97 Mt. Everest Fund Limited 800 SDII SPECIAL DEVICES INC 28 broker
12/22/97 Mt. Everest QP Fund, L.P. 2500 SDII SPECIAL DEVICES INC 28 broker
12/29/97 Mt. Everest Fund LP 800 SDII SPECIAL DEVICES INC 27.31 broker
12/29/97 Mt. Everest Fund Limited 1000 SDII SPECIAL DEVICES INC 27.31 broker
12/29/97 Mt. Everest QP Fund, L.P. 3200 SDII SPECIAL DEVICES INC 27.31 broker
12/29/97 Mt. Everest Fund LP 200 SDII SPECIAL DEVICES INC 27.38 broker
12/29/97 Mt. Everest Fund Limited 200 SDII SPECIAL DEVICES INC 27.38 broker
12/29/97 Mt. Everest QP Fund, L.P. 600 SDII SPECIAL DEVICES INC 27.38 broker
12/30/97 Mt. Everest Fund LP 1100 SDII SPECIAL DEVICES INC 27.92 broker
12/30/97 Mt. Everest Fund Limited 1200 SDII SPECIAL DEVICES INC 27.92 broker
12/30/97 Mt. Everest QP Fund, L.P. 4200 SDII SPECIAL DEVICES INC 27.92 broker
12/30/97 Mt. Everest Fund LP 1100 SDII SPECIAL DEVICES INC 28 broker
12/30/97 Mt. Everest Fund Limited 1200 SDII SPECIAL DEVICES INC 28 broker
12/30/97 Mt. Everest QP Fund, L.P. 4000 SDII SPECIAL DEVICES INC 28 broker
</TABLE>
<PAGE> 10
Page 10 of 11 Pages
<TABLE>
<S> <C> <C> <C> <C> <C> <C> <C>
12/30/97 Mt. Everest Fund LP 900 SDII SPECIAL DEVICES INC 27.81 broker
12/30/97 Mt. Everest Fund Limited 900 SDII SPECIAL DEVICES INC 27.81 broker
12/30/97 Mt. Everest QP Fund, L.P. 3200 SDII SPECIAL DEVICES INC 27.81 broker
12/31/97 Mt. Everest Fund LP 1800 SDII SPECIAL DEVICES INC 28.5 broker
12/31/97 Mt. Everest Fund Limited 2100 SDII SPECIAL DEVICES INC 28.5 broker
12/31/97 Mt. Everest QP Fund, L.P. 7100 SDII SPECIAL DEVICES INC 28.5 broker
12/31/97 Mt. Everest Fund LP 2900 SDII SPECIAL DEVICES INC 29.23 broker
12/31/97 Mt. Everest Fund Limited 3300 SDII SPECIAL DEVICES INC 29.23 broker
12/31/97 Mt. Everest QP Fund, L.P. 11300 SDII SPECIAL DEVICES INC 29.23 broker
1/2/98 Mt. Everest Fund Limited 28800 SDII SPECIAL DEVICES INC 28.75 broker
1/23/98 Mt. Everest QP Fund, L.P. 100 SDII SPECIAL DEVICES INC 26.25 broker
1/27/98 Mt. Everest Fund LP 2000 SDII SPECIAL DEVICES INC 24.5 broker
1/27/98 Mt. Everest Fund Limited 2900 SDII SPECIAL DEVICES INC 24.5 broker
1/27/98 Mt. Everest QP Fund, L.P. 7800 SDII SPECIAL DEVICES INC 24.5 broker
1/28/98 Mt. Everest Fund LP 300 SDII SPECIAL DEVICES INC 24.45 broker
1/28/98 Mt. Everest Fund Limited 300 SDII SPECIAL DEVICES INC 24.45 broker
1/28/98 Mt. Everest QP Fund, L.P. 800 SDII SPECIAL DEVICES INC 24.45 broker
1/28/98 Mt. Everest Fund LP 400 SDII SPECIAL DEVICES INC 25.8 broker
1/28/98 Mt. Everest Fund Limited 600 SDII SPECIAL DEVICES INC 25.8 broker
1/28/98 Mt. Everest QP Fund, L.P. 1500 SDII SPECIAL DEVICES INC 25.8 broker
216200 Average Purchase Price 26.09449
</TABLE>
<PAGE> 11
Page 11 of 11 Pages
SIGNATURE
After reasonable inquiry and to the best of our knowledge and belief,
each of the undersigned certified that the information set forth in this
Amendment No. 2 to the Statement is true, complete and correct.
Dated: February 10, 1998
GREENBERG-SUMMIT PARTNERS, L.L.C.
By: Lawrence D. Greenberg, its managing member
/s/ Lawrence D. Greenberg
-----------------------------------------
MT. EVEREST FUND, L.P.
By: GREENBERG-SUMMIT PARTNERS, L.L.C.
By: Lawrence D. Greenberg, its managing member
/s/ Lawrence D. Greenberg
-----------------------------------------
MT. EVEREST QP FUND, L.P.
By: GREENBERG-SUMMIT PARTNERS, L.L.C.
By: Lawrence D. Greenberg, its managing member
/s/ Lawrence D. Greenberg
-----------------------------------------
MT. EVEREST FUND LIMITED
By: GREENBERG-SUMMIT PARTNERS, L.L.C.
By: Lawrence D. Greenberg, its managing member
/s/ Lawrence D. Greenberg
-----------------------------------------
/s/ Lawrence D. Greenberg
-----------------------------------------
Lawrence D. Greenberg
