SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Bolle Inc.
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)
097937106
(CUSIP Number of Class of Securities)
May 18, 1999
(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)
CUSIP NO. 097937106
________________________________________________________________________________
1) Name and I.R.S. Identification No. of Reporting Person (entities only)
Wynnefield Partners Small Cap Value, L.P. 13-3688497
________________________________________________________________________________
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) _________________________________________________________________________
(b) [X] Reporting Person is affiliated with other persons (see pages 2 and 3)
________________________________________________________________________________
3) SEC USE ONLY
________________________________________________________________________________
4) Citizenship or Place of Organization Delaware
________________________________________________________________________________
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 153,884
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 153,884
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH
________________________________________________________________________________
9) Aggregate Amount Beneficially Owned By Each Reporting Person 153,884 shares
________________________________________________________________________________
10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares |_|
(See Instructions)
________________________________________________________________________________
11) Percent of Class Represented by Amount in Row (9) 2.23
________________________________________________________________________________
12) Type of Reporting Person (See Instructions) PN
________________________________________________________________________________
(Page 1 of 5 Pages)
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Bolle Inc.
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)
097937106 (CUSIP Number of Class of Securities)
May 18, 1999
(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)
CUSIP NO. 097937106
________________________________________________________________________________
1) Name and I.R.S. Identification No. of Reporting Person (entities only)
Wynnefield Partners Small Cap Value, L.P. - I 13-3953291
________________________________________________________________________________
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) ______________________________________________________________________
(b) [X] Reporting Person is affiliated with other persons (see pages 1 and 3)
________________________________________________________________________________
3) SEC USE ONLY
________________________________________________________________________________
4) Citizenship or Place of Organization Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 158,014
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 158,014
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH
________________________________________________________________________________
9) Aggregate Amount Beneficially Owned By Each Reporting Person 158,014 shares
________________________________________________________________________________
10) Check Box If The Aggregate Amount in Row (9) Excludes Certain Shares |_|
(See Instructions)
________________________________________________________________________________
11) Percent of Class Represented by Amount in Row (9) 2.29
________________________________________________________________________________
12) Type of Reporting Person (See Instructions) PN
________________________________________________________________________________
(Page 2 of 5 Pages)
<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Bolle Inc.
(Name of Issuer)
Common Stock, Par Value $.01 Per Share
(Title of Class of Securities)
097937106
(CUSIP Number of Class of Securities)
May 18, 1999
(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)
CUSIP NO. 097937106
________________________________________________________________________________
1) Name and I.R.S. Identification No. of Reporting Person (entities only)
Wynnefield Small Cap Value Offshore Fund, Ltd. (No IRS Identification No.)
________________________________________________________________________________
2) Check the Appropriate Box if a Member of a Group (See Instructions)
(a) _________________________________________________________________________
(b) [X] Reporting person is affiliated with other persons (see pages 1 and 2)
________________________________________________________________________________
3) SEC USE ONLY
________________________________________________________________________________
4) Citizenship or Place of Organization Cayman Islands
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 79,166
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 79,166
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH
________________________________________________________________________________
9) Aggregate Amount Beneficially Owned By Each Reporting Person 79,166 Shares
________________________________________________________________________________
10) Check Box If The Aggregate Amount in Row (9) Excludes Certain Shares |_|
(See Instructions)
________________________________________________________________________________
11) Percent of Class Represented by Amount in Row (9) 1.15
________________________________________________________________________________
12) Type of Reporting Person (See Instructions) CO
________________________________________________________________________________
(Page 3 of 5 Pages)
<PAGE>
Item 1(a). Name of Issuer:
Bolle Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
555 Theodore Fremd Avenue, Suite B 302, Rye, New York 10580
Item 2(a). Names of Persons Filing:
Wynnefield Partners Small Cap Value,L.P. ("Partners")
Wynnefield Partners Small Cap Value, L.P.I ("Partners I")
Wynnefield Partners Small Cap Offshore Fund, Ltd. ("Fund")
Item 2(b). Address of Principal Business Office or, if none, Residence:
One Penn Plaza, Suite 4720, New York, NY 10119
Item 2(c). Citizenship:
Partners and Partners I are Delaware limited partnerships
Fund is a Cayman Islands company
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e). CUSIP Number: 097937106
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is: None of the reporting
persons is an entity specified in Rule 13d-1(b)(1)(ii).
If this statement is filed pursuant to Rule 13d-1(c), check this box
|X|.
Item 4. Ownership:
(a) Amount beneficially owned by all reporting persons: 391,064
Shares
(b) Percent of class: 5.67
(c) Number of shares as to which the reporting persons have:
(i) sole power to vote or to direct the vote 391,064 Shares
(ii) shared power to vote or to direct the vote --
(iii) sole power to dispose or to direct the disposition 391,064
(iv) shared power to dispose or to direct the disposition --
Item 5. Ownership of Five Percent or Less of a Class.
Not applicable.
(Page 4 of 5 Pages)
<PAGE>
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.
None of the reporting persons who have filed this schedule is a
person in clause (ii) ofss.240.13d-1(b)(1).
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certifications.
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 or
as a participant in any transaction having that purpose or effect.
Dated: May 20, 1999
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P.
WYNNEFIELD PARTNERS SMALL CAP VALUE, L.P. - I
By: WYNNEFIELD CAPITAL MANAGEMENT, LLC
By: /S/ Nelson Obus
------------------------------------
Nelson Obus, Managing Member
WYNNEFIELD SMALL CAP VALUE OFFSHORE FUND, LTD.
By: Wynnefield Capital, Inc.
By: /S/ Nelson Obus
--------------------------------
Nelson Obus, Vice President
(Page 5 of 5 Pages)
