UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
Under the Securities Exchange Act of 1934
(Amendment No.______)(1)
Phoenix International Ltd., Inc.
- --------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value
- --------------------------------------------------------------------------------
(Title of Class of Securities)
719078107
- --------------------------------------------------------------------------------
(CUSIP Number)
- ----------
(1) 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).
Index is on Page 20
Page 1 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown Associates III, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 81,900 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
81,900 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
81,900 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
1.5%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
PN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown Partners III, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 81,900 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
81,900 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
81,900 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
1.5%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
PN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown-Glynn Associates, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 39,200 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
39,200 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
39,200 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
0.72%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
PN
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SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 4 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown-Glynn Partners, L.P.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 39,200 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
39,200 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
39,200 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
0.72%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
PN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 5 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown-Glynn Advisors, Ltd.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 121,100 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
121,100 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
121,100 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
2.2%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
CO IA
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 6 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
The Crown Trust
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 170,500 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
170,500 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
170,500 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
3.1%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
EP
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 7 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Crown Capital Management, Ltd.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
New York
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 170,500 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
170,500 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
170,500 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
3.1%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
CO IA
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 8 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
David F. Bellet
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 291,600 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
291,600 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
291,600 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.4%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
IN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
John W. Glynn, Jr.
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 291,600 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
291,600 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
291,600 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.4%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
IN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 10 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Jeffrey S. Hamren
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 291,600 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
291,600 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
291,600 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.4%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
IN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 11 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Daryl Messinger
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 291,600 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
291,600 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
291,600 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.4%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
IN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 12 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Margaret S. McNamara
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 291,600 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
291,600 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
291,600 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.4%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
IN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 13 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Steven Rosston
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 291,600 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
291,600 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
291,600 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.4%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
IN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 14 of 21 pages
<PAGE>
CUSIP No. 719078107
- --------------------------------------------------------------------------------
1 Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Chester A. Siuda
- --------------------------------------------------------------------------------
2 Check the Appropriate Box If a Member of a Group
a. |_|
b. |_|
- --------------------------------------------------------------------------------
3 SEC Use Only
- --------------------------------------------------------------------------------
4 Citizenship or Place of Organization
U.S.
- --------------------------------------------------------------------------------
5 Sole Voting Power
Number of
Shares 0
Beneficially --------------------------------------------------------
Owned By 6 Shared Voting Power
Each
Reporting 291,600 shares of Common Stock
Person --------------------------------------------------------
With 7 Sole Dispositive Power
0
--------------------------------------------------------
8 Shared Dispositive Power
291,600 shares of Common Stock
--------------------------------------------------------
- --------------------------------------------------------------------------------
9 Aggregate Amount Beneficially Owned by Each Reporting Person
291,600 shares of Common Stock
- --------------------------------------------------------------------------------
10 Check Box If the Aggregate Amount in Row (9) Excludes Certain Shares |_|
- --------------------------------------------------------------------------------
11 Percent of Class Represented By Amount in Row (9)
5.4%
- --------------------------------------------------------------------------------
12 Type of Reporting Person
IN
- --------------------------------------------------------------------------------
SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 15 of 21 pages
<PAGE>
Item 1(a) Name of Issuer: Phoenix International Ltd., Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
500 International Parkway, Heathrow, FL 32746
Item 2(a) Names of Person Filing See cover pages.
Relationship of filing persons:
Crown-Glynn Advisors Ltd. and Crown Capital Management Ltd.
are Registered Investment Advisors.
Crown-Glynn Advisors Ltd. is investment advisor to Crown
Associates III, L.P., a Delaware limited partnership, and Crown-Glynn
Associates, L.P., a Delaware limited partnership. Crown Partners III,
L.P. is general partner of Crown Associates III, L.P. Crown-Glynn
Partners, L.P. is general partner of Crown-Glynn Associates, L.P.
Crown Capital Management Ltd. is investment advisor to The
Crown Trust, a New York Trust.
John W. Glynn, Jr., David F. Bellet and Chester A. Siuda are
Managing Directors of Crown Capital Management and Crown-Glynn
Advisors.
John W. Glynn, Jr., David F. Bellet, Chester A. Siuda, Jeffrey
S. Hamren, Darryl Messinger, Steven Rosston, and Margaret S. McNamara
are general partners of Crown Partners III, L.P., a Delaware limited
partnership and Crown-Glynn Partners, L.P., a Delaware partnership.
Crown Associates III, L.P. owns 81,900 shares of common stock,
Crown-Glynn Associates, L.P. owns 39,200 shares of common stock, The
Crown Trust owns 170,500 shares of common stock.
Page 16 of 21 pages
<PAGE>
Item 2(b) Address of Principal Business Office or, if none Residence:
As to the following filing persons:
Crown Associates III, L.P.
Crown Partners III, L.P.
Crown-Glynn Associates, L.P.
Crown-Glynn Partners, L.P.
Crown-Glynn Advisors Ltd.
The Crown Trust
Crown Capital Management Ltd.
Chester A. Siuda
Margaret S. McNamara
Jeffrey S. Hamren
67 East Park Place
8th Floor
Morristown, NJ 07960
As to the following filing person:
David F. Bellet
60 East 42nd Street, Suite 3405
New York, NY 10165
As to the following filing persons:
John W. Glynn, Jr.
Steven Rosston
Darryl Messinger
3000 Sand Hill Road
Building 4, Suite 235
Menlo Park, CA 94025
Item 2(c) Citizenship: See cover pages
Item 2(d) Title of Class of Securities: Common Stock, $.01 par value
Item 2(e) CUSIP Number: 719078107
Page 17 of 21 pages
<PAGE>
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
13d-1(b)(1)(ii)(F),
(g) Parent Holding Company, in accordance with
Section 240.13d-1(b)(ii)(G),
(h) Group, in accordance with Section 240.13d-1(b)(1)(ii)(H).
--------------------
* As to Crown-Glynn Advisors, Ltd., and Crown Capital
Management Ltd.
Item 4. Ownership: See cover pages.
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
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.
Page 18 of 21 pages
<PAGE>
13-G SIGNATURE PAGE
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 19, 1998
CROWN-GLYNN ASSOCIATES, LIMITED /s/ John W. Glynn, Jr.
PARTNERSHIP -------------------------
By Crown-Glynn Partners, L.P. as John W. Glynn, Jr.
General Partner
/s/ Steven Rosston
-------------------------
Steven Rosston
CROWN ASSOCIATES III, LIMITED /s/ Daryl Messinger
PARTNERSHIP -------------------------
By Crown Partners III, L.P. as Daryl Messinger
General Partner
/s/ David F. Bellet
-------------------------
David F. Bellet
CROWN PARTNERS III, L.P. /s/ Chester A. Siuda
-------------------------
Chester A. Siuda
CROWN-GLYNN PARTNERS, L.P.
/s/ Jeffrey S. Hamren
-------------------------
Jeffrey S. Hamren
By /s/ David F. Bellet
-------------------------- /s/ Margaret S. McNamara
General Partner -------------------------
Margaret S. McNamara
THE CROWN TRUST
CROWN CAPITAL MANAGEMENT LTD
CROWN-GLYNN ADVISORS, LTD.
By /s/ David F. Bellet
--------------------------
Page 19 of 21 pages
<PAGE>
Index to Exhibits
Joint Filing Agreement .............................................. Page 21
Page 20 of 21 pages
JOINT FILING AGREEMENT
Each of the undersigned hereby agrees that the Schedule 13G filed on the
date hereof has been filed on behalf of each of the undersigned.
Dated: February 19, 1998
CROWN-GLYNN ASSOCIATES, LIMITED /s/ John W. Glynn, Jr.
PARTNERSHIP -------------------------
By Crown-Glynn Partners, L.P. as John W. Glynn, Jr.
General Partner
/s/ Steven Rosston
-------------------------
Steven Rosston
CROWN ASSOCIATES III, LIMITED /s/ Daryl Messinger
PARTNERSHIP -------------------------
By Crown Partners III, L.P. as Daryl Messinger
General Partner
/s/ David F. Bellet
-------------------------
David F. Bellet
CROWN PARTNERS III, L.P. /s/ Chester A. Siuda
-------------------------
Chester A. Siuda
CROWN-GLYNN PARTNERS, L.P.
/s/ Jeffrey S. Hamren
-------------------------
Jeffrey S. Hamren
By /s/ David F. Bellet
-------------------------- /s/ Margaret S. McNamara
General Partner -------------------------
Margaret S. McNamara
THE CROWN TRUST
CROWN CAPITAL MANAGEMENT LTD
CROWN-GLYNN ADVISORS, LTD.
By /s/ David F. Bellet
--------------------------
Page 21 of 21 pages
