UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
DATA RESEARCH ASSOCIATES, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
237853106
(CUSIP Number)
December 31, 1998
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[X] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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).
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Cusip No. 237853106 13G Page 1 of 7 Pages
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1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Schwartz Investment Counsel, Inc. ("SICI"), FEIN 38-2325495
and Schwartz Investment Trust ("SIT"), on behalf of its
series Fund, Schwartz Value Fund, FEIN 31-6456713
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [ ]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
SICI - Michigan
SIT - Ohio
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5. SOLE VOTING POWER
NUMBER OF
SHARES SICI - 159,500 shares
BENEFICIALLY SIT - 238,200 shares
OWNED BY
EACH -------------------------------------------------
REPORTING 6. SHARED VOTING POWER
PERSON
WITH SICI - 10,000 shares
-------------------------------------------------
7. SOLE DISPOSITIVE POWER
SICI - 159,500 shares
SIT - 238,200 shares
-------------------------------------------------
8. SHARED DISPOSITIVE POWER
SICI - 10,000 shares
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
SICI - 169,500 shares
SIT - 238,200 shares
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Cusip No. 237853106 13G Page 2 of 7 Pages
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
SICI - 3.2%
SIT - 4.4%
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12. TYPE OF REPORTING PERSON
SICI - IA
SIT - IV
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Cusip No. 237853106 13G Page 3 of 7 Pages
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Item 1.
(a) Name of Issuer
Data Research Associates, Inc.
(b) Address of Issuer's Principal Executive Offices:
1276 North Warson Road
St. Louis, Missouri 63132
Item 2.
(a) Name of Person Filing
Schwartz Investment Counsel, Inc. ("SICI") and
Schwartz Investment Trust ("SIT")
(b) Address of Principal Business Office or, if none,
Residence
3707 W. Maple Rd.
Bloomfield Hills, MI 48301
(c) Citizenship: SICI-MI, SIT-OH
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 237853106
Item 3. If this statement is filed pursuant to Rule 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) [X] Investment Company registered under section 8 of
the Investment Company Act
(e) [X] 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
Section 240.13d-1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with
Section 240.13d-1(b)(ii)(G) (Note: See Item 7)
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Cusip No. 237853106 13G Page 4 of 7 Pages
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(h) [ ] Group, in accordance with Section 240.13d-
1(b)(1)(ii)(H)
Item 4. Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer in Item 1.
(a) Amount Beneficially Owned:
SICI - 169,500 shares, SIT - 238,200 shares
(b) Percent of Class
SICI - 3.2%, SIT - 4.4%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote
SICI - 159,500 shares, SIT - 238,200 shares
(ii) shared power to vote or to direct the vote
SICI - 10,000 shares
(iii) sole power to dispose or to direct the disposition of
SICI - 159,500 shares, SIT - 238,200 shares
(iv) shared power to dispose or to direct the
disposition of
SICI - 10,000 shares
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 [ ].
Instruction: Dissolution of a group requires a response to
this item.
N/A
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Cusip No. 237853106 13G Page 5 of 7 Pages
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Item 6. Ownership of More than Five Percent on Behalf of
Another Person
If any other person is known to have the right to receive or the power
to direct the receipt of dividends from, or the proceeds from the sale of, such
securities, a statement to that effect should be included in response to this
item and, if such interest relates to more than five percent of the class, such
person should be identified. A listing of the shareholders of an investment
company registered under the Investment Company Act of 1940 or the beneficiaries
of employee benefit plan, pension fund or endowment fund is not required.
N/A
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on By the
Parent Holding Company
If a parent holding company has filed this schedule, pursuant to Rule
13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the
identity and the Item 3 classification of the relevant subsidiary. If a parent
holding company has filed this schedule pursuant to Rule 13d-1(c), attach an
exhibit stating the identification of the relevant subsidiary.
N/A
Item 8. Identification and Classification of Members of the
Group
If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(H), so
indicate under Item 3(j) and attach an exhibit stating the identity and Item 3
classification of each member of the group. If a group has filed this schedule
pursuant to Rule 13d-1(c) or Section 240.13d-1(b), attach an exhibit stating the
identity of each member of the group.
N/A
Item 9. Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an exhibit stating
the date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by members
of the group, in their individual capacity. See item 5.
N/A
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Cusip No. 237853106 13G Page 6 of 7 Pages
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Item 10. Certification
The following certification shall be included if the statement is filed
pursuant to Rule 13d-1(b):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect of
changing or influencing the control of the issuer of such securities and were
not acquired in connection with or as a participant in any transaction having
such purposes or effect.
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.
February 8, 1999 February 8, 1999
- ---------------------------------- -------------------------------
Date
/s/George P. Schwartz /s/George P. Schwartz
- ---------------------------------- -------------------------------
George P. Schwartz, CFA, President George P. Schwartz, CFA, President
Schwartz Investment Counsel, Inc. Schwartz Investment Trust
- ---------------------------------- -----------------------------------
Name/Title Name/Title
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Cusip No. 237853106 13G Page 7 of 7 Pages
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The original statement shall be signed by each person on whose behalf
the statement is field or his authorized representative. If the statement is
signed on behalf of a person by his authorized representative other than an
executive officer or general partner of the filing person, evidence of the
representative's authority to sign on behalf of such person shall be filed with
the statement, provided, however, that a power of attorney for this purpose
which is already on file with the Commission may be incorporated by reference.
The name and any title of each person who signs the statement shall be typed or
printed beneath his signature.
Note: Six copies of this statement, including all exhibits,
should be filed with the Commission.
Attention: Intentional misstatements or omissions of fact
constitute Federal criminal violations (See 18 U.S.C. 1001)
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AGREEMENT
Pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934,
the undersigned hereby agree that only one statement containing the information
required by Schedule 13G (or any amendment thereof) need be filed on their
behalf with respect to the beneficial ownership of any equity securities of Data
Research Associates, Inc., or any subsequent acquisitions or dispositions of
equity securities of Data Research Associates, Inc., by any of the undersigned.
Date: February 8, 1999
/s/George P. Schwartz
----------------------------------
George P. Schwartz, CFA, President
Schwartz Investment Counsel, Inc.
/s/George P. Schwartz
-----------------------------------
George P. Schwartz, CFA, President
Schwartz Investment Trust
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