U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
FORM 3 WASHINGTON, D.C. 20549 OMB NUMBER 3235-0104
EXPIRES: SEPTEMBER 30, 1998
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES ESTIMATED
AVERAGE BURDEN
HOURS PER RESPONSE 0.5
(Print or Type Responses) Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company
Act of 1940
1. Name and Address of Reporting Person* 2. Date of Event Re-quiring
Statement (Month/Day/Year) 4. Issuer Name AND Ticker or Trading Symbol
LASERSIGHT INCORPORATED
PEQUOT CAPITAL MANAGEMENT, INC.3 LASE
(Last) (First) (Middle) 1/1/99 5. Relationship of Reporting
Person(s) to Issuer 6. If Amendment, Date of Original (Month/Day/Year)
(Check all applicable)
3. IRS or Social Seurity Number of Director 10% Owner
500 NYALA FARM ROAD Reporting Person Officer (giveX
Other (specify 06/12/98
(Voluntary) title below)
below)1
(Street) 7. Individual or Joint/Group Filing (Check Applicable
Lines)
X Form Filed by One Reporting Person
WESTPORT, CT
06880 ___Form Filed by More than One Reporting Person
(City) (State) (Zip) TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY
OWNED
1. Title of Security 2. Amount of Securities Beneficially Owned 3.
Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of
Indirect Beneficial Ownership (Instr. 5)
(Instr. 4) (Instr. 4)
1. Title of Derivative Security 2. Date Exercisable and Expiration Date
(Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative
Security 4. Conver-sion or Exercise Price of Derivative 5.
Owner-ship Form of Deri-vative Security: 6. Nature of Indirect Beneficial
Ownership
(Instr. 4) (Instr. 4) Security (Instr. 5)
Date Exer-cisable Expiration Date Title Amount or Number of
Direct (D) or Indirect (I) (Instr. 5)
Shares
SERIES D CONVERTIBLE PARTICIPATING PREFERRED STOCK 6/12/98
2,000,000
COMMON STOCK (2) N/A (I)
INVESTMENT ADVISER (1)
Explanation of Responses:
(1) THE REPORTING PERSON IS AN INVESTMENT ADVISER REGISTERED UNDER SECTION
203 OF THE INVESTMENT ADVISERS ACT OF 1940 AND HAS VOTING POWER AND INVESTMENT
POWER WITH RESPECT TO SECURITIES IN CLIENTS' ACCOUNTS. THE REPORTING PERSON
ALSO HAS, PURSUANT TO THE ISSUER'S CERTIFICATE OF DESIGNATION, PREFERENCES AND
RIGHTS OF SERIES D CONVERTIBLE PREFERRED STOCK, THE ABILITY, WHICH IT INTENDS
TO EXERCISE, TO PLACE A NOMINEE ON THE BOARD OF DIRECTORS OF THE ISSUER. THE
REPORTING PERSON DISCLAIMS ANY OBLIGATION TO FILE THIS REPORT, AND THIS REPORT
SHALL NOT BE DEEMED AN ADMISSION THAT THE REPORTING PERSON IS SUBJECT TO
SECTION 16 WITH RESPECT EITHER TO THE ISSUER OR SUCH SECURITIES.
(2) THE REPORTING PERSON DISCLAIMS BENEFICIAL OWNERSHIP OF THESE SECURITIES,
AND THIS REPORT SHALL NOT BE DEEMED AN ADMISSION THAT THE REPORTING PERSON IS
THE BENEFICIAL OWNER OF SUCH
SECURITIES FOR THE PURPOSES OF RULE 16A-1(A)(1) OR (A)(2) OR FOR ANY
OTHER PURPOSES.
(3) THIS FILING IS BEING MADE TO REFLECT THE CHANGE IN THE NAME AND ADDRESS
OF THE REPORTING PERSON. THE PREVIOUS REPORTING PERSON WAS DAWSON-SAMBERG
CAPITAL MANAGEMENT, INC.
("DSCM"). AS OF JANUARY 1, 1999, DSCM RESTRUCTURED AND PEQUOT CAPITAL
MANAGEMENT, INC., THE REPORTING PERSON IDENTIFIED ABOVE, WAS SPUN OFF. THE
SECURITIES REPORTED HEREON ARE
HELD BY INVESTMENT ADVISORY CLIENTS OF PEQUOT CAPITAL.
By: /s/ David J. Malat 2/10/99
**Signature of Reporting Person
Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15. U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient,
See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not
Required to respond unless the form displays a currently valid OMB Number.