Page 1
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
America Service Group Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
02364L109
(CUSIP Number)
Charles A. Nalbone, Bear, Stearns & Co. Inc.
115 South Jefferson Road, Whippany, NJ 07981
(201) 739-2202
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
November 26, 1997
(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 [ ] .
Check the following box if a fee is being paid with this statement
[ ] . (A fee is not required only if the reporting 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 such class. (See Rule 13d-7)
Note: When filing this statement, in paper format, six copies of
this statement, including exhibits, should be filed with the Commission.
See Rule 13d-1(a) for other parties to whom copies are to be sent.
Page 2
CUSIP NO. 02364L109
13D
NAME OF REPORTING PERSON
S.S. OR I.R.S. NOTIFICATION NO. OF ABOVE PERSON:
1 BEAR, STEARNS & CO. INC.
IRS #13-3299429
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*:
(a) [ ]
(b) [ ]
3 SEC USE ONLY
4 SOURCE OF FUNDS*:
WC, PF
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d)(e):
[ ]
6 CITIZENSHIP OR PLACE OF ORGANIZATION:
Delaware
7 SOLE VOTING POWER:
200,710
8 SHARED VOTING POWER:
54,534
9 SOLE DISPOSITIVE POWER:
200,710
10 SHARED DISPOSITIVE POWER:
54,534
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
255,244
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES*:
[ ]
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11):
7.2
14 TYPE OF REPORTING PERSON*:
BD
See Instructions Before Filling Out!
Page 3
Schedule 13D Amendment No. 1
This statement constitutes Amendment No. 1 to the statement on Schedule 13D
(the "Schedule 13D") filed with the Securities and Exchange Commission by Bear,
Stearns & Co. Inc. ("Bear Stearns") with respect to its ownership of the Common
Stock of America Service Group Inc. (the "Issuer").
Item 3: Source and Amount of Funds or Other Consideration
Working capital of Bear Stearns and personal funds of discretionary
accounts. The aggregate purchase price of the 699,694 Common Shares of the
Issuer referred to in Item 5(c) hereof was approximately $12,419,569.00.
Item 5: Interest in Securities of the Issuer (as of 11/26/97)
(a) The responses of Bear Stearns to Rows (11) through (13) of the
cover page of this Amendment No. 1 to Schedule 13D are
incorporated herein by reference. To the best of Bear Stearns'
knowledge, none of its executive officers or directors
beneficially own any Common Stock of the Issuer.
(b) The responses of Bear Stearns to Rows (7) through (10) of the
cover page of this Amendment No. 1 to Schedule 13D are
incorporated herein by reference.
(c) Since the date of its initial filing on Schedule 13D, Bear
Stearns has effected transactions in the Common Stock of the
Issuer. Information concerning transactions in the Common Stock
effected by Bear Stearns is set forth on Appendix I.
(d) Not Applicable.
(e) Through November 26, 1997, Bear Stearns purchased an additional 48,284
shares of America Service Group Inc. Accordingly, Bear Stearns increased
its beneficial ownership by more than one full percentage point of the
Common Stock of the Issuer since the date of its initial filing.
Page 4
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.
Dated: December 4, 1997 BEAR, STEARNS & CO. INC.
By: /s/
Barry Cohen
Senior Managing Director
APPENDIX I
BEAR, STEARNS & CO. INC.
America Service Group Inc.
Trades from 11/18/97 through 11/26/97
(Various Firm Accounts)
***** 11/17 *****
790 AMERICA SERVICE GROUP INC 17 1/2 13,825.00
1,000 AMERICA SERVICE GROUP INC 18 18,000.00
1,000 AMERICA SERVICE GROUP INC 18 1/16 18,062.50
1,000 AMERICA SERVICE GROUP INC 18 1/16 18,062.50
1,000 AMERICA SERVICE GROUP INC 18 18,000.00
1,600 AMERICA SERVICE GROUP INC 17 7/8 28,600.00
2,000 AMERICA SERVICE GROUP INC 18 36,000.00
2,500 AMERICA SERVICE GROUP INC 18 45,000.00
4,000 AMERICA SERVICE GROUP INC 18 1/16 72,250.00
4,000 AMERICA SERVICE GROUP INC 18 1/16 72,250.00
9,030 AMERICA SERVICE GROUP INC 17 7/8 161,411.25
20,000 AMERICA SERVICE GROUP INC 17.9000 358,000.00
5,000- AMERICA SERVICE GROUP INC 17 15/16 89,684.51-
10,000- AMERICA SERVICE GROUP INC 18.0866 180,859.98-
***** 11/14 *****
100 AMERICA SERVICE GROUP INC 17 1/2 1,750.00
5,000 AMERICA SERVICE GROUP INC 17 9/16 87,812.50
5,000 AMERICA SERVICE GROUP INC 17 9/16 87,812.50
100- AMERICA SERVICE GROUP INC 17 1/2 1,749.94-
10,000- AMERICA SERVICE GROUP INC 17.6250 176,244.12-
***** 11/13 *****
200- AMERICA SERVICE GROUP INC 18 3,599.88-
***** 11/11 *****
3,000 AMERICA SERVICE GROUP INC 17 3/4 53,250.00
200- AMERICA SERVICE GROUP INC 17 7/8 3,574.88-
3,000- AMERICA SERVICE GROUP INC 17 7/8 53,623.21-
***** 11/10 *****
7,000 AMERICA SERVICE GROUP INC 17.9000 125,300.00
200- AMERICA SERVICE GROUP INC 18 3,599.88-
1,700- AMERICA SERVICE GROUP INC 18 30,598.98-
5,000- AMERICA SERVICE GROUP INC 18 1/16 90,309.48-
***** 11/07 *****
50 AMERICA SERVICE GROUP INC 18 900.00
1,700 AMERICA SERVICE GROUP INC 18 30,600.00
15,000 AMERICA SERVICE GROUP INC 17 1/4 258,750.00
1,700- AMERICA SERVICE GROUP INC 17 7/8 30,386.48-
5,000- AMERICA SERVICE GROUP INC 17 5/8 88,122.06-
6,700- AMERICA SERVICE GROUP INC 17.7668 119,033.59-
***** 11/06 *****
10,000 AMERICA SERVICE GROUP INC 17 1/4 172,500.00
100- AMERICA SERVICE GROUP INC 17 1/2 1,749.94-
100- AMERICA SERVICE GROUP INC 17 5/8 1,762.44-
1,900- AMERICA SERVICE GROUP INC 17 5/8 33,486.38-
3,000- AMERICA SERVICE GROUP INC 17 1/2 52,498.25-
5,000- AMERICA SERVICE GROUP INC 17 5/8 88,122.06-
5,000- AMERICA SERVICE GROUP INC 17 5/8 88,122.06-
***** 11/05 *****
25,000 AMERICA SERVICE GROUP INC 17.2500 431,250.00
100- AMERICA SERVICE GROUP INC 17 1/2 1,749.94-
100- AMERICA SERVICE GROUP INC 17 5/8 1,762.44-
900- AMERICA SERVICE GROUP INC 17 5/8 15,861.97-
7,100- AMERICA SERVICE GROUP INC 17 5/8 125,133.32-
***** 11/05 *****
7,100- AMERICA SERVICE GROUP INC 17 5/8 125,133.32-
8,100- AMERICA SERVICE GROUP INC 17 5/8 142,757.74-
***** 11/04 *****
200 AMERICA SERVICE GROUP INC 17 1/4 3,450.00
10,000 AMERICA SERVICE GROUP INC 17 1/4 172,500.00
150- AMERICA SERVICE GROUP INC 18 2,699.91-
200- AMERICA SERVICE GROUP INC 18 3,599.88-
200- AMERICA SERVICE GROUP INC 18 3,599.88-
200- AMERICA SERVICE GROUP INC 17 1/4 3,449.88-
500- AMERICA SERVICE GROUP INC 18 8,999.70-
500- AMERICA SERVICE GROUP INC 18 8,999.70-
10,000- AMERICA SERVICE GROUP INC 17.5900 175,894.13-
***** 11/03 *****
400 AMERICA SERVICE GROUP INC 17 3/4 7,100.00
***** 11/03 *****
900 AMERICA SERVICE GROUP INC 17 3/4 15,975.00
15,000 AMERICA SERVICE GROUP INC 17 1/4 258,750.00
100- AMERICA SERVICE GROUP INC 18 1,799.94-
1,300- AMERICA SERVICE GROUP INC 17 3/4 23,074.23-
15,000- AMERICA SERVICE GROUP INC 17.5931 263,887.70-
***** 10/31 *****
100 AMERICA SERVICE GROUP INC 18 1,800.00
1,000 AMERICA SERVICE GROUP INC 17 3/8 17,375.00
1,000 AMERICA SERVICE GROUP INC 17 1/2 17,500.00
1,400 AMERICA SERVICE GROUP INC 17 3/4 24,850.00
25,000 AMERICA SERVICE GROUP INC 17 3/8 434,375.00
100- AMERICA SERVICE GROUP INC 18 1,799.94-
***** 10/31 *****
27,500- AMERICA SERVICE GROUP INC 17.7394 487,817.23-
***** 10/30 *****
100 AMERICA SERVICE GROUP INC 18 3/4 1,875.00
300 AMERICA SERVICE GROUP INC 18 1/2 5,550.00
350 AMERICA SERVICE GROUP INC 18 6,300.00
500 AMERICA SERVICE GROUP INC 18 3/4 9,375.00
600 AMERICA SERVICE GROUP INC 18 10,800.00
700 AMERICA SERVICE GROUP INC 18 1/2 12,950.00
1,000 AMERICA SERVICE GROUP INC 17 1/4 17,250.00
1,000 AMERICA SERVICE GROUP INC 17 1/2 17,500.00
100- AMERICA SERVICE GROUP INC 18 1/2 1,849.93-
100- AMERICA SERVICE GROUP INC 18 3/4 1,874.93-
200- AMERICA SERVICE GROUP INC 18 1/2 3,699.87-
500- AMERICA SERVICE GROUP INC 18 3/4 9,374.68-
1,000- AMERICA SERVICE GROUP INC 18 1/2 18,499.38-
1,000- AMERICA SERVICE GROUP INC 17 5/8 17,624.41-
500- AMERICA SERVICE GROUP INC 18 8,999.70-
***** 10/29 *****
200 AMERICA SERVICE GROUP INC 16 3/8 3,275.00
522 AMERICA SERVICE GROUP INC 16 3/4 8,743.50
5,000- AMERICA SERVICE GROUP INC 17 84,997.16-
***** 10/28 *****
1,000 AMERICA SERVICE GROUP INC 16 1/2 16,500.00
6,000- AMERICA SERVICE GROUP INC 16 1/2 98,996.70-
***** 10/27 *****
5,000- AMERICA SERVICE GROUP INC 18 1/8 90,621.97-
700 AMERICA SERVICE GROUP INC 17 1/4 12,075.00
1,000 AMERICA SERVICE GROUP INC 17 3/8 17,375.00
5,000 AMERICA SERVICE GROUP INC 16 80,000.00
1,000- AMERICA SERVICE GROUP INC 16 15,999.46-
1,000- AMERICA SERVICE GROUP INC 15 1/8 15,124.49-
1,000- AMERICA SERVICE GROUP INC 17 3/8 17,374.42-
***** 10/24 *****
200 AMERICA SERVICE GROUP INC 18 1/4 3,650.00
1,000- AMERICA SERVICE GROUP INC 18 1/2 18,499.38-
1,000- AMERICA SERVICE GROUP INC 18 1/2 18,499.38-
***** 10/23 *****
500 AMERICA SERVICE GROUP INC 18 1/8 9,062.50
500 AMERICA SERVICE GROUP INC 18 1/8 9,062.50
2,000 AMERICA SERVICE GROUP INC 18 1/8 36,250.00
2,000 AMERICA SERVICE GROUP INC 18 1/8 36,250.00
***** 10/22 *****
2,000 AMERICA SERVICE GROUP INC 18 1/8 36,250.00
700- AMERICA SERVICE GROUP INC 18 5/16 12,818.32-
1,300- AMERICA SERVICE GROUP INC 18 1/4 23,724.20-
***** 10/21 *****
200 AMERICA SERVICE GROUP INC 18 1/8 3,625.00
1,280 AMERICA SERVICE GROUP INC 18 1/4 23,360.00
2,000 AMERICA SERVICE GROUP INC 18 1/4 36,500.00
500- AMERICA SERVICE GROUP INC 18 3/8 9,187.19-
1,000- AMERICA SERVICE GROUP INC 18 1/4 18,249.39-
2,000- AMERICA SERVICE GROUP INC 18 1/4 36,498.78-
***** 10/20 *****
50 AMERICA SERVICE GROUP INC 17 3/8 868.75
2,800- AMERICA SERVICE GROUP INC 18 1/8 50,748.30-
***** 10/17 *****
560 AMERICA SERVICE GROUP INC 17 3/4 9,940.00
1,000 AMERICA SERVICE GROUP INC 17 3/4 17,750.00
1,000 AMERICA SERVICE GROUP INC 17 7/8 17,875.00
1,350 AMERICA SERVICE GROUP INC 18 24,300.00
3,000 AMERICA SERVICE GROUP INC 18 54,000.00
3,500 AMERICA SERVICE GROUP INC 18 63,000.00
4,000 AMERICA SERVICE GROUP INC 18 72,000.00
15,000- AMERICA SERVICE GROUP INC 17.9488 269,223.02-
***** 10/16 *****
100 AMERICA SERVICE GROUP INC 17 1/2 1,750.00
***** 10/16 *****
500 AMERICA SERVICE GROUP INC 17 7/8 8,937.50
500 AMERICA SERVICE GROUP INC 17 7/8 8,937.50
1,000 AMERICA SERVICE GROUP INC 18 1/8 18,125.00
1,000 AMERICA SERVICE GROUP INC 18 1/8 18,125.00
100- AMERICA SERVICE GROUP INC 17 1/2 1,749.94-
1,000- AMERICA SERVICE GROUP INC 17 1/2 17,499.41-
1,000- AMERICA SERVICE GROUP INC 18 1/8 18,124.39-
***** 10/15 *****
100 AMERICA SERVICE GROUP INC 17 1,700.00
300 AMERICA SERVICE GROUP INC 17 5,100.00
***** 10/14 *****
1,000 AMERICA SERVICE GROUP INC 16 16,000.00
***** 10/13 *****
5,000 AMERICA SERVICE GROUP INC 16 1/8 80,625.00
6,000 AMERICA SERVICE GROUP INC 16 96,000.00
15,000 AMERICA SERVICE GROUP INC 16 240,000.00
500 AMERICA SERVICE GROUP INC 15 11/16 7,843.75
100- AMERICA SERVICE GROUP INC 16 1/4 1,624.94-
2,200- AMERICA SERVICE GROUP INC 16 1/8 35,473.81-
5,000- AMERICA SERVICE GROUP INC 16 1/8 80,622.31-
19,000- AMERICA SERVICE GROUP INC 16 1/4 308,739.70-
***** 10/10 *****
150 AMERICA SERVICE GROUP INC 16 2,400.00
300 AMERICA SERVICE GROUP INC 16 4,800.00
500 AMERICA SERVICE GROUP INC 16 8,000.00
7,000 AMERICA SERVICE GROUP INC 16 112,000.00
10,000 AMERICA SERVICE GROUP INC 16 1/8 161,250.00
43,000 AMERICA SERVICE GROUP INC 15.8750 682,625.00
1,000 AMERICA SERVICE GROUP INC 15 5/8 15,625.00
2,500- AMERICA SERVICE GROUP INC 16 1/8 40,311.15-
5,000- AMERICA SERVICE GROUP INC 16 1/4 81,247.29-
2,500- AMERICA SERVICE GROUP INC 16 1/16 40,154.91-
3,500- AMERICA SERVICE GROUP INC 16.0794 56,276.02-
8,000- AMERICA SERVICE GROUP INC 16.2012 129,605.27-
40,500- AMERICA SERVICE GROUP INC 16.2293 657,264.75-
***** 10/09 *****
100 AMERICA SERVICE GROUP INC 15 1/4 1,525.00
400 AMERICA SERVICE GROUP INC 15 5/16 6,125.00
1,000 AMERICA SERVICE GROUP INC 15 3/8 15,375.00
1,500- AMERICA SERVICE GROUP INC 15 7/8 23,811.70-
***** 10/08 *****
400 AMERICA SERVICE GROUP INC 15 3/4 6,300.00
500 AMERICA SERVICE GROUP INC 15 7/8 7,937.50
1,000 AMERICA SERVICE GROUP INC 15 3/4 15,750.00
4,000 AMERICA SERVICE GROUP INC 15 3/4 63,000.00
6,700 AMERICA SERVICE GROUP INC 15 3/4 105,525.00
6,000- AMERICA SERVICE GROUP INC 15 7/8 95,246.82-
***** 10/07 *****
44 AMERICA SERVICE GROUP INC 15 1/2 682.00
600 AMERICA SERVICE GROUP INC 15.3250 9,195.00
200 AMERICA SERVICE GROUP INC 14 3/4 2,950.00
500 AMERICA SERVICE GROUP INC 15 3/16 7,593.75
2,500 AMERICA SERVICE GROUP INC 14 7/8 37,187.50
2,200- AMERICA SERVICE GROUP INC 15 1/2 34,098.86-
***** 10/06 *****
500 AMERICA SERVICE GROUP INC 15 1/4 7,625.00
1,000 AMERICA SERVICE GROUP INC 15 1/4 15,250.00
2,300 AMERICA SERVICE GROUP INC 15 1/4 35,075.00
4,000 AMERICA SERVICE GROUP INC 15 1/4 61,000.00
40,500 AMERICA SERVICE GROUP INC 15.0031 607,625.55
100 AMERICA SERVICE GROUP INC 14 3/4 1,475.00
900 AMERICA SERVICE GROUP INC 14 13/16 13,331.25
1,000 AMERICA SERVICE GROUP INC 14.6250 14,625.00
2,500 AMERICA SERVICE GROUP INC 14 15/16 37,343.75
10,300 AMERICA SERVICE GROUP INC 14 7/8 153,212.50
5,000- AMERICA SERVICE GROUP INC 15.3375 76,684.94-
5,600- AMERICA SERVICE GROUP INC 15.4280 86,393.92-
11,500- AMERICA SERVICE GROUP INC 15.3752 176,808.90-
12,500- AMERICA SERVICE GROUP INC 15 3/8 192,181.09-
20,000- AMERICA SERVICE GROUP INC 15.3690 307,369.75-
36,500- AMERICA SERVICE GROUP INC 15.3672 560,884.10-
***** 10/03 *****
500 AMERICA SERVICE GROUP INC 15 1/4 7,625.00
1,000 AMERICA SERVICE GROUP INC 15 1/8 15,125.00
1,000 AMERICA SERVICE GROUP INC 15 3/8 15,375.00
3,000 AMERICA SERVICE GROUP INC 15 3/8 46,125.00
3,000 AMERICA SERVICE GROUP INC 15 3/8 46,125.00
4,000 AMERICA SERVICE GROUP INC 15 3/8 61,500.00
4,000 AMERICA SERVICE GROUP INC 15 1/4 61,000.00
6,000 AMERICA SERVICE GROUP INC 15 3/8 92,250.00
20,000 AMERICA SERVICE GROUP INC 15 1/8 302,500.00
19,000 AMERICA SERVICE GROUP INC 15.1250 287,375.00
19,800 AMERICA SERVICE GROUP INC 15 297,000.00
25,000 AMERICA SERVICE GROUP INC 15.0750 376,875.00
200 AMERICA SERVICE GROUP INC 14 5/8 2,925.00
3,000 AMERICA SERVICE GROUP INC 14 3/4 44,250.00
5,000- AMERICA SERVICE GROUP INC 15 3/8 76,872.43-
8,000- AMERICA SERVICE GROUP INC 15.3694 122,951.10-
***** 10/02 *****
1,000 AMERICA SERVICE GROUP INC 14 3/4 14,750.00
2,000 AMERICA SERVICE GROUP INC 14 11/16 29,375.00
2,000 AMERICA SERVICE GROUP INC 14 15/16 29,875.00
2,500 AMERICA SERVICE GROUP INC 15 37,500.00
2,900 AMERICA SERVICE GROUP INC 14 3/4 42,775.00
5,000 AMERICA SERVICE GROUP INC 14 11/16 73,437.50
7,500 AMERICA SERVICE GROUP INC 15 1/8 113,437.50
10,000 AMERICA SERVICE GROUP INC 15 1/8 151,250.00
10,000 AMERICA SERVICE GROUP INC 15 1/8 151,250.00
800 AMERICA SERVICE GROUP INC 14 5/16 11,450.00
3,200 AMERICA SERVICE GROUP INC 14 3/8 46,000.00
10,000 AMERICA SERVICE GROUP INC 14.6500 146,500.00
16,000 AMERICA SERVICE GROUP INC 14 5/8 234,000.00
500 AMERICA SERVICE GROUP INC 14 3/8 7,187.50
3,000 AMERICA SERVICE GROUP INC 14 3/4 44,250.00
15,500- AMERICA SERVICE GROUP INC 14.8400 230,012.33-
***** 10/01 *****
100 AMERICA SERVICE GROUP INC ACC JC 1,525.00
(Various Discretionary Accounts)
***** 11/17 *****
651 AMERICA SERVICE GROUP INC 18.0866 11,774.38
500 AMERICA SERVICE GROUP INC 18.0866 9,043.30
1,010 AMERICA SERVICE GROUP INC 18.0866 18,267.47
500 AMERICA SERVICE GROUP INC 18.0866 9,043.30
500 AMERICA SERVICE GROUP INC 18.0866 9,043.30
500 AMERICA SERVICE GROUP INC 18.0866 9,043.30
657 AMERICA SERVICE GROUP INC 18.0866 11,882.90
830 AMERICA SERVICE GROUP INC 18.0866 15,011.88
4,131 AMERICA SERVICE GROUP INC 18.0866 74,715.74
721 AMERICA SERVICE GROUP INC 18.0866 13,040.44
***** 10/06 *****
2,329 AMERICA SERVICE GROUP INC 15.3690 35,794.40
3,249 AMERICA SERVICE GROUP INC 15.3690 49,933.88
9,523 AMERICA SERVICE GROUP INC 15.3690 146,358.99
1,665 AMERICA SERVICE GROUP INC 15.3690 25,589.39
2,268 AMERICA SERVICE GROUP INC 15.3690 34,856.89
***** 10/02 *****
10,924 AMERICA SERVICE GROUP INC 14.8400 162,112.16
1,906 AMERICA SERVICE GROUP INC 14.8400 28,285.04
