Schedule 13G
Under the Securities Exchange Act of 1934
(Amendment No. ....)*
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(Name of Issuer)
Corecomm Limited
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(Title of Class of Securities)
Common Stock
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(CUSIP Number)
G2422R109
- - ------------------------------------------------ ---------------
(Date of Event Which Requires Filing of this Statement)
December 31, 1998
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 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).
__________________________________________________________________
CUSIP No. -----G2422R109
(1) Names of reporting persons.
I.R.S. Identification Nos. of
above persons
(entities only).NWQ Investment Management Company, Inc.
04-3161875
(2) Check the appropriate box if a
member of a group (a)
(see instructions)
(b)
(3) SEC use only.
(4) Citizenship or place of
organization.Massachusetts
Number of shares beneficially owned by
each reporting person with:
(5) Sole voting power.884,488
(6) Shared voting power.None
(7) Sole dispositive power.884,488
(8) Shared dispositive power.None
(9) Aggregate amount beneficially owned
by each reporting person.884,488
(10) Check if the aggregate amount in
Row (9) excludes certain shares (see
instructions).
(11) Percent of class represented by
amount in Row (9).6.7%
(12) Type of reporting person (see
instructions).IA
_________________________________________________________________
Item 1(a) Name of issuer:------. Corecomm Limited
Item 1(b) Address of issuer's principal executive offices:
Cedar House
41 Cedar House
Hamilton, HM 12
Bermuda
2(a) Name of person filing:
NWQ Investment Management Company, Inc.
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2(b) Address or principal business office or, if none, residence:
2049 Century Park East, 4th Floor, Los Angeles, CA 90067
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2(c) Citizenship:
Massachusetts
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2(d) Title of class of securities:
Common Stock
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2(e) CUSIP No.:
G2422R109
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Item 3. If this statement is filed pursuant to 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of the
Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act
(15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19)
of the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of
the Investment Company Act of 1940 (15 U.S.C 80a-8).
(e) [X] An investment adviser in accordance with 240.13d-1(b)
(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the
Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment Company
Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership
Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer identified
in Item 1.
(a) Amount beneficially owned: ----- . 884,488
(b) Percent of class: ----- 6.7%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote -----884,488
(ii) Shared power to vote or to direct the vote ----- Inapplicable
(iii) Sole power to dispose or to direct the disposition of
- - --884,488
(iv) Shared power to dispose or to direct the disposition of--
- - -Inapplicable.
Item 5. Ownership of 5 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 5 percent of the class of securities, check the following [ ].
Item 6. Ownership of More than 5 Percent on Behalf of Another
Person. Inapplicable
Item 7. Identification and Classification of the Subsidiary
Which Acquired the Security Being Reported on by the Parent Holding
Company or Control Person. Inapplicable
Item 8. Identification and Classification of Members of
the Group Inapplicable
Item 9. Notice of Dissolution of Group. Inapplicable
Item 10. Certifications
(a) The following certification shall be included if the statement
is filed pursuant to 240.13d-1(b):
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and 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.
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:----.February 10, 1999
Signature.
/s/ Mary-Gene Slaven
Name/Title.
Managing Director
The original statement shall be signed by each person on
whose behalf the statement is filed 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 in
me and any title of each person who signs the statement shall
be typed or printed beneath his signature.
