SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
SCHEDULE 13G
________________
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
RAILAMERICA, INC.
(NAME OF ISSUER)
Common Stock, par value $.001
(TITLE OF CLASS OF SECURITIES)
750753105
(CUSIP NUMBER)
April 24, 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:
/ / Rule 13d-1(b)
/x/ Rule 13d-1(c)
/ / Rule 13d-1(d)
Check the following box if a fee is being paid with this
statement [ ]. (A fee is not required only if the filing
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 no amendment
subsequent thereto reporting beneficial ownership of five
percent or less of such class.) (See Rule 13d-7.)
*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 the
disclosures provided in a prior cover page.
The information required in 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).
PAGE 1 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
EGS ASSOCIATES, L.P.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER -0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 363,300
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 363,300
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 363,300
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 3.9%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON PN
_____________________________________________________________________________
PAGE 2 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
EGS PARTNERS, L.L.C.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER -0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 784,200
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 789,675
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 789,675
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 8.5%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON IA
_____________________________________________________________________________
PAGE 3 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
BEV PARTNERS, L.P.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER -0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 146,525
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 146,525
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 146,525
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 1.6%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON PN
_____________________________________________________________________________
PAGE 4 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
JONAS PARTNERS, L.P.
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER -0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 30,000
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 30,000
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 30,000
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) .32%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON PN
_____________________________________________________________________________
PAGE 5 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
WILLIAM EHRMAN
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER 15,000
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 1,324,025
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER 15,000
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 1,359,500
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 1,359,500
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 14.6%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON IN
_____________________________________________________________________________
PAGE 6 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
FREDERIC GREENBERG
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER -0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 1,324,025
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 1,329,500
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 1,329,500
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 14.2%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON IN
_____________________________________________________________________________
PAGE 7 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
FREDERICK KETCHER
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER 10,000
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 1,324,025
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER 10,000
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 1,329,500
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 1,339,500
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 14.3%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON IN
_____________________________________________________________________________
PAGE 8 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
JONAS GERSTL
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER -0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 1,324,025
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 1,329,500
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 1,329,500
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 14.2%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON IN
_____________________________________________________________________________
PAGE 9 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
JAMES MCLAREN
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER -0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 1,324,025
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 1,329,500
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 1,329,500
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 14.2%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON IN
_____________________________________________________________________________
PAGE 10 OF 16 PAGES
13G
CUSIP No. 750753105
_____________________________________________________________________________
(1) NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO.
OF ABOVE PERSON
WILLIAM D. LAUTMAN
_____________________________________________________________________________
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [ ]
(b) [x]
_____________________________________________________________________________
(3) SEC USE ONLY
_____________________________________________________________________________
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
_____________________________________________________________________________
NUMBER OF (5) SOLE VOTING POWER -0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER 1,324,025
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER -0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER 1,329,500
_____________________________________________________________________________
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON 1,329,500
_____________________________________________________________________________
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES [ ]
_____________________________________________________________________________
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9) 14.2%
_____________________________________________________________________________
(12) TYPE OF REPORTING PERSON IN
_____________________________________________________________________________
PAGE 11 OF 16 PAGES
13G
ITEM 1(a). NAME OF ISSUER: RailAmerica, Inc.
ITEM 1(b). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
301 Yamato Road, Suite 1190
Boca Raton, Florida 33431
ITEM 2(a). NAME OF PERSON FILING:
EGS Partners, L.L.C.
ITEM 2(b). ADDRESS OF PRINCIPAL OFFICE OR, IF NONE, RESIDENCE:
350 Park Avenue, 11th Floor
New York, New York 10022
ITEM 2(c). CITIZENSHIP:
Delaware
ITEM 2(d). TITLE OF CLASS OF SECURITIES: Common Stock, $.001 par value
ITEM 2(e). CUSIP NUMBER: 750753105
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULES 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) [ ] Investment Company registered under Section 8 of the
Investment Company Act
(e) [ ] 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 Rule 13d-
1(b)(1)(ii)(F)
(g) [ ] Parent Holding Company, in accordance with Rule 13d-
1(b)(ii)(G); see item 7
(h) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(H)
Not applicable.
PAGE 12 OF 16 PAGES
13G
ITEM 4. OWNERSHIP.
(a) Amount beneficially owned:
The approximate aggregate percentage of shares of Common Stock
reported beneficially owned by each Reporting Person herein is based on
9,341,830 shares outstanding, which is the total number of shares of Common
Stock outstanding as of April 23,1998, as reflected in the quarterly report on
Form 10-QA of RailAmerica, Inc. filed with the Securities and Exchange
Commission (the "Commission") for the fiscal quarter ended March 31, 1997
(which is the most recent Form 10-Q on file).
(b) Percent of class:
As of the close of business on April 24, 1998:
(i) EGS Associates owns beneficially 363,300 shares of
Common Stock, constituting approximately 3.9% of the shares outstanding.
(ii) EGS Partners owns directly no shares of Common Stock.
By reason of the provisions of Rule 13D-3 of the Securities Exchange Act of
1934, as amended (the "Act"), EGS Partners may be deemed to own beneficially
789,675 shares, constituting approximately 8.5% of the shares outstanding,
purchased for discretionary accounts managed by it.
(iii) Bev Partners owns beneficially 146,525 shares of
Common Stock, constituting approximately 1.6% of the shares outstanding.
(iv) Jonas Partners owns beneficially 30,000 shares of
Common Stock, constituting less than 1% of the shares outstanding.
(v) Mr. Ehrman owns beneficially through ownership by
himself and members of his immediate family, 30,000 shares of Common Stock,
constituting less than 1% of the shares outstanding.
(vi) Mr. Ketcher owns beneficially through ownership by
himself 10,000 shares of Common Stock, constituting less than 1% of the shares
outstanding.
By reason of the provisions of Rule 13D-3 of the Act, each
of Mssrs. Ehrman, Greenberg, Ketcher, Gerstl, McLaren and Lautman
(collectively, the "General Partners") may be deemed to own the 363,300 shares
beneficially owned by EGS Associates, the 789,675 shares beneficially owned by
EGS Partners, the 146,525 shares beneficially owned by Bev Partners and the
30,000 shares beneficially owned by Jonas Partners. When the shares
beneficially owned by EGS Associates, EGS Partners, Bev Partners and Jonas
Partners are aggregated, they total 1,329,500 shares of Common Stock,
constituting approximately 14.2% of the shares outstanding.
(vii) In the aggregate, the Reporting Persons own
beneficially a total of 1,369,500 shares of Common Stock, constituting approx-
PAGE 13 OF 16 PAGES
imately 14.7% of the shares outstanding.
(c) Number of shares as to which Reporting Persons have power to
vote or direct the disposition:
(i) Each of EGS Associates, EGS Partners, Bev Partners and
Jonas Partners has the power to vote on all of the shares of Common Stock,
except for 5,475 shares held by one of the discretionary accounts, and to
dispose of all of the shares of Common Stock beneficially owned by it, which
power may be exercised by the General Partners. Each of the discretionary
accounts is party to an investment management agreement with EGS Partners
pursuant to which EGS Partners has investment authority with respect to
securities held in such account.
(ii) Mr. Ehrman has no power to vote and shared power to
dispose of shares owned by his immediate family and Mr. Ketcher has the sole
power to vote and dispose of the shares owned directly by him.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not Applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not Applicable.
ITEM 10. CERTIFICATION.
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the control
of the issuer of the securities and were not acquired and are not held in
connection with or as a participant in any transaction having that purpose or
effect.
PAGE 14 OF 16 PAGES
SIGNATURE
After reasonable inquiry and to the best of its knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
DATED: May 12, 1998 /s/ William Ehrman
William Ehrman, individually and as
general partner of each of EGS Associates,
L.P., Bev Partners, L.P., Jonas Partners,
L.P., and as a member of EGS Partners, L.L.C.
/s/ William Ehrman
William Ehrman, as Attorney-in-Fact pursuant
to Power of Attorney for Frederic Greenberg
as attached to this Schedule 13G,
individually and as general partner of each
of EGS Associates, L.P., Bev Partners, L.P.,
Jonas Partners, L.P., and as a member of EGS
Partners, L.L.C.
/s/ Frederick Ketcher
Frederick Ketcher, individually and as
general partner of each of EGS Associates,
L.P., Bev Partners, L.P., Jonas Partners,
L.P., and as a member of EGS Partners, L.L.C.
/s/ Jonas Gerstl
Jonas Gerstl, individually and as
general partner of each of EGS Associates,
L.P., Bev Partners, L.P., Jonas Partners,
L.P., and as a member of EGS Partners, L.L.C.
/s/ William Ehrman
William Ehrman, as Attorney-in-Fact
pursuant to Power of Attorney for James
McLaren as attached to this Schedule 13G,
individually and as general partner of each
of EGS Associates, L.P., Bev Partners, L.P.,
Jonas Partners, L.P., and as a member of EGS
Partners, L.L.C.
/s/ William D. Lautman
William D. Lautman, individually and as
general partner of each of EGS Associates,
L.P., Bev Partners, L.P., Jonas Partners,
L.P., and as a member of EGS Partners, L.L.C.
PAGE 15 OF 16
POWER OF ATTORNEY
The undersigned hereby appoints WILLIAM EHRMAN the undersigned's
true and lawful attorney-in-fact, with full power of substitution and
resubstitution, for him in his name, place and stead in any way which the
undersigned could do, whether on behalf of himself or as attorney-in-fact, if
he were personally present, to execute and deliver on behalf of the
undersigned all documents to be filed pursuant to Sections 13 and 16 of the
Securities Exchange Act of 1934, as amended, and any and all instruments,
affidavits and exhibits necessary or desirable in connection therewith, and to
take all other necessary and lawful action in connection with such filings.
This Power of Attorney shall remain in effect so long as the
undersigned and William Ehrman are each a General Partner of EGS Associates,
L.P., a Delaware limited partnership. The Power of Attorney hereby granted is
coupled with an interest and shall survive and shall not be effected by the
subsequent disability, incompetency or death of the undersigned.
/s/ Frederic Greenberg
Dated 2/1/95
POWER OF ATTORNEY
The undersigned hereby appoints each of WILLIAM EHRMAN, FREDERIC
GREENBERG and ELLEN MARTINO, individually, the undersigned's true and lawful
attorney-in-fact, for him in his name, place and stead in any way which the
undesigned could do, whether on behalf of himself or as attorney-in-fact, if
he were personally present, to execute and deliver on behalf of the
undersigned all documents to be filled pursuant to Sections 13 and 16 of the
Securities Exchange Act of 1934, as amended, and any and all instruments,
affidavits and exhibits necessary or desirable in connection therewith, and to
take all other necessary and lawful action in connection with such things.
This Power of Attorney shall remain in effect with respect to each
of the individuals designated above so long as such individual is a General
Partner of EGS Associates, L.P. or, with respect to Ellen Martino, an employee
of EGS Partners, L.L.C. This Power of Attorney shall expire when (i) the
undersigned is no longer a General Partner of EGS Associates, L.P., a Delaware
limited partnership, or (ii) this Power of Attorney is otherwise revoked in
writing by the undersigned.
/s/ James McLaren
Dated 6/4/96
PAGE 16 OF 16 PAGES
