UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. __)*
PARADIGM GEOPHYSICAL LIMITED /1/
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
69900J104
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(CUSIP Number)
June 10, 1998
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Scheule
is filed:
|X| Rule 13d-1(b)
|_| Rule 13d-1(c)
|_| Rule 13d-1(d)
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/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 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>
Schedule 13G Page 2 of 10
CUSIP No. 69900J104 Paradigm Geophysical Limited
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Berger Associates, Inc. ID No. 13-2750052
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 594,100
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
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PERSON 8 SHARED DISPOSITIVE POWER
WITH 594,100
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
594,100
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.7%
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12 TYPE OF REPORTING PERSON
IA, CO
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<PAGE>
Schedule 13G Page 3 of 10
CUSIP No. 69900J104 Paradigm Geophysical Limited
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Berger Small Company Growth Fund, a Portfolio of Berger
Investment Portfolio Trust (ID No. 84-1244357)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
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BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 586,300
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EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
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PERSON 8 SHARED DISPOSITIVE POWER
WITH 586,300
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
586,300
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |_|
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.6%
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12 TYPE OF REPORTING PERSON
IA, CO
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<PAGE>
Schedule 13G Page 4 of 10
CUSIP No. 69900J104 Paradigm Geophysical Limited
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kansas City Southern Industries, Inc., ID No. 44-0663509
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |_|
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 5 SOLE VOTING POWER
SHARES -0-
------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING -0-
------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH -0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
-0-
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES |X|
Excludes shares beneficially owned by Berger Associates, Inc.,
as to which beneficial ownership is disclaimed.
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
-0-
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12 TYPE OF REPORTING PERSON
HC, CO
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<PAGE>
Schedule 13G Page 5 of 10
CUSIP No. 69900J104 Paradigm Geophysical Limited
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Item 1.
(a) Name of Issuer: PARADIGM GEOPHYSICAL LIMITED
(b) Address of Issuer's Principal Executive Offices:
4 GREENSPOINT PLAZA
16945 NORTH CHASE DRIVE, SUITE 1400
HOUSTON, TEXAS 77060
Item 2.
(a) Name of Person Filing:
(1) BERGER ASSOCIATES, INC.
(2) BERGER SMALL COMPANY GROWTH FUND, A PORTFOLIO OF THE BERGER
INVESTMENT PORTFOLIO TRUST
(3) KANSAS CITY SOUTHERN INDUSTRIES, INC.
(b) Address of Principal Business Office:
(1) BERGER ASSOCIATES, INC.
210 UNIVERSITY BOULEVARD, SUITE 900
DENVER, COLORADO 80206
(2) BERGER SMALL COMPANY GROWTH FUND
210 UNIVERSITY BOULEVARD, SUITE 900
DENVER, COLORADO 80206
(3) KANSAS CITY SOUTHERN INDUSTRIES, INC.
114 WEST 11TH STREET
KANSAS CITY, MO 64105
(c) Citizenship:
(1) Berger Associates, Inc.: DELAWARE
(2) Berger Small Company Growth Fund: DELAWARE
(3) Kansas City Southern Industries, Inc.: DELAWARE
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Schedule 13G Page 6 of 10
CUSIP No. 69900J104 Paradigm Geophysical Limited
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(d) Title of Class of SecuriTIES: COMMON STOCK
(e) CUSIP Number: 69900J104
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
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(b) Bank as defined in section 3(a)(6) of the Act
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(c) Insurance Company as defined in section 3(a)(19) of the Act
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(d) X Investment Company registered under section 8 of the
----- Investment Company Act/1/
(e) X Investment Adviser registered under section 203 of the
----- Investment Advisers Act of 1940/2/
(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) X Parent Holding Company, in accordance with section
----- 240.13d-1(b)(1)(ii)(G) (Note: See Item 7)/3/
(h) Group, in accordance with section 240.13d-1(b)(1)(ii)(H)
-----
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/1/ Berger Small Company Growth Fund is a Portfolio of the Berger Investment
Portfolio Trust, a Delaware business trust and a registered investment
company.
/2/ Berger Associates, Inc. is a registered investment adviser.
/3/ Kansas City Southern Industries, Inc. ("KCSI") is the parent holding company
of Berger Associates, Inc. KCSI owns 100% of Berger Associates, Inc. and is
filing this statement solely as a result of such stock ownership which may
be deemed to give KCSI control over Berger Associates, Inc.
<PAGE>
Schedule 13G Page 7 of 10
CUSIP No. 69900J104 Paradigm Geophysical Limited
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Item 4. Ownership
(a) Amount Beneficially Owned:
(1) Berger Associates, Inc.: 594,100*
* The filing of this statement shall not be construed as an
admission that Berger Associates, Inc. is, for purposes of
Sections 13(d) or 13(g) of the Securities Exchange Act of
1934, the beneficial owner of any securities covered by this
statement.
Berger Associates, Inc. is a registered investment adviser
which furnishes investment advice to a number of mutual
funds and institutional clients. As a result of its role as
investment adviser or sub-adviser to the Funds as well as
institutional clients, Berger Associates, Inc. may be deemed
to be the beneficial owner of securities held by such funds
or clients.
(2) Berger Small Company Growth Fund 586,300
(3) Kansas City Southern Industries, Inc.: 0**
** Kansas City Southern Industries, Inc. ("KCSI") does not own
of record any shares of Paradigm Geophysical Limited Common
Stock, it has not engaged in any transaction in Paradigm
Geophysical Limited Common Stock, and it does not exercise any
voting or investment power over shares of Paradigm Geophysical
Limited Common Stock. All shares reported herein have been
acquired by Berger Associates, Inc.'s mutual fund clients and
KCSI specifically disclaims beneficial ownership over any
shares of Paradigm Geophysical Limited Common Stock.
Accordingly, the filing of this statement shall not be
construed as an admission that KCSI is, for purposes of
Sections 13(d) or 13(g) of the Securities Exchange Act of
1934, the beneficial owner of any securities covered by this
statement.
<PAGE>
Schedule 13G Page 8 of 10
CUSIP No. 69900J104 Paradigm Geophysical Limited
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(b) Percent of Class:
(1) Berger Associates, Inc.: 5.7%*
* The filing of this statement shall not be construed as an
admission that Berger Associates, Inc. is, for purposes of
Sections 13(d) or 13(g) of the Securities Exchange Act of
1934, the beneficial owner of any securities covered by this
statement.
(2) Berger Small Company Growth Fund. 5.6%
(3) Kansas City Southern Industries, Inc. 0.0%**
**See Item 4(a)(3).
(c) Number of shares as to which such person has:
(1) Berger Associates, Inc.:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 594,100
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 594,100
(2) Berger Small Company Growth Fund:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 586,300
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 586,300
(3) Kansas City Southern Industries, Inc.
(i) Sole power to vote or to direct the vote: 0
<PAGE>
Schedule 13G Page 9 of 10
CUSIP No. 69900J104 Paradigm Geophysical Limited
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(ii) Shared power to vote or to direct the vote: 0*
*See Item 4(a)(3)).
(iii) Sole power to dispose or to direct the disposition
of: 0
(iv) Shared power to dispose or to direct the disposition
of: 0**
**See Item 4(a)(3).
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:
THE BERGER SMALL COMPANY GROWTH FUND HAS THE RIGHT TO RECEIVE ALL
DIVIDENDS FROM, AND THE PROCEEDS FROM THE SALE OF, THE SECURITIES
HELD IN ITS ACCOUNT.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company:
THIS STATEMENT HAS BEEN FILED JOINTLY BY KCSI (PARENT HOLDING
COMPANY) AND BERGER ASSOCIATES, INC. (ITS REGISTERED INVESTMENT
ADVISER SUBSIDIARY) AND INFORMATION RELATING TO BERGER ASSOCIATES,
INC. HAS BEEN INCLUDED HEREIN.
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 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 SUCH SECURITIES AND WERE
NOT ACQUIRED AND ARE NOT HELD IN CONNECTION WITH OR AS A PARTICIPANT
IN ANY TRANSACTION HAVING SUCH PURPOSE OR EFFECT.
<PAGE>
Schedule 13G Page 10 of 10
CUSIP No. 69900J104 Paradigm Geophysical Limited
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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.
BERGER ASSOCIATES, INC.:
Dated: February 16, 1999 By: /s/ Brian S. Ferrie
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Brian S. Ferrie, Vice President -
Compliance
BERGER SMALL COMPANY GROWTH FUND,
A PORTFOLIO OF THE BERGER INVESTMENT
PORTFOLIO TRUST
Dated: February 16, 1999 By: /s/ Brian S. Ferrie
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Brian S. Ferrie, Vice President
KANSAS CITY SOUTHERN INDUSTRIES, INC.
Dated: February 16, 1999 By: /s/ Louis G. Van Horn
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Louis G. Van Horn
Vice President and Comptroller
<PAGE>
EXHIBIT INDEX
Exhibit Document Page No.
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A Joint Filing Agreement A-1
<PAGE>
EXHIBIT A
JOINT FILING AGREEMENT
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as
amended, the persons named below agree to the joint filing on behalf of each of
them the Schedule 13G (including amendments thereto) to which this Exhibit is
attached with respect to the Common Stock of Paradigm Geophysical Limited and
consent to this Joint Filing Agreement being included as an Exhibit to such
joint filing. In evidence thereof, the undersigned hereby execute this Agreement
this 16th day of February, 1999.
BERGER ASSOCIATES, INC.:
/s/ Brian S. Ferrie
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Brian S. Ferrie, Vice President - Compliance
BERGER SMALL COMPANY GROWTH FUND, A
PORTFOLIO OF THE BERGER INVESTMENT
PORTFOLIO TRUST
/s/ Brian S. Ferrie
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Brian S. Ferrie, Vice President
KANSAS CITY SOUTHERN INDUSTRIES, INC.
/s/ Louis G. Van Horn
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Louis G. Van Horn
Vice President and Comptroller
A-1
