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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
THE MORGAN GROUP, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
617358106
(CUSIP Number)
Check the following box if a fee is being paid with this statement /X/. (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 filed 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 "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 5 pages
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CUSIP No. 617358106 Page 2 of 5 Pages
1) Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Laifer Capital Management, Inc.
2) Check the Appropriate Box if a Member of a Group*
(a) / /
(b) / /
3) SEC Use Only
4) Citizenship or Place of Organization
Delaware
(5) Sole Voting Power
91,900
Number of Shares
(6) Shared Voting Power
Beneficially
0
Owned by Each
(7) Sole Dispositive Power
Reporting Person
78,300
With
(8) Shared Dispositive Power
43,000
9) Aggregate Amount Beneficially Owned by Each Reporting Person
121,300
10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*
11) Percent of Class Represented by Amount in Row 9
8.9%
12) Type of Reporting Person*
CO, IA
* See Instruction Before Filling Out!
Page 2 of 5 pages
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Item 1 (a) Name of Issuer:
The Morgan Group, Inc.
(b) Address of Issuer's Principal Executive Offices:
28651 U.S. 20 West
Elkhart, Indiana 46514
Item 2 (a) Name of Person Filing:
Laifer Capital Management, Inc.
(b) Address of Principal Business Office or, If
None, Residence:
45 West 45th Street
New York, NY 10036
(c) Citizenship:
Delaware
(d) Title of Class of Securities:
Common Stock
(e) CUSIP No.:
617358106
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) / / Investment Company registered under section 8 of the
Investment Company Act
Page 3 of 5 pages
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(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)
(h) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(H)
Item 4 Ownership:
(a) Amount Beneficially Owned: 121,300
(b) Percent of Class: 8.9%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: 91,900
(ii) shared power to vote or to direct the vote: 0
(iii) sole power to dispose or to direct the disposition of: 78,300
(iv) shared power to dispose or to direct the disposition of:
43,000
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.
Page 4 of 5 pages
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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
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.
Laifer Capital Management, Inc.
May 14, 1996 By: /s/ Lance Laifer
Lance Laifer
President
Page 5 of 5 pages
