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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_____________________
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS
FILED PURSUANT TO RULES 13d-1(b) AND (c)
AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(b)
(Amendment No. __)
Cambridge Heart, Inc.
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(Name of Issuer)
Common Stock, $.001 par value per share
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(Title of Class of Securities)
131910101
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(CUSIP Number)
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SCHEDULE 13G
CUSIP No. 131910101 Page 2 of 7
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____________________________________________________________________________
1. Name of Reporting Persons
I.R.S. Identification Number of Above Persons (Entities only)
Jeffrey M. Arnold
____________________________________________________________________________
2. Check the Appropriate Box if a Member of a Group - Not Applicable
____________________________________________________________________________
3. SEC Use Only
____________________________________________________________________________
4. Citizenship or Place of Organization
United States of America
____________________________________________________________________________
Number of Shares Beneficially Owned By Each Reporting Person With:
5. Sole Voting Power
557,032 shares (Includes 458,369 shares issuable within 60 days of December
31, 1997 upon the exercise of vested stock options.)
____________________________________________________________________________
6. Shared Voting Power
0 Shares
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CUSIP No. 131910101 Page 3 of 7
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____________________________________________________________________________
7. Sole Dispositive Power
557,032 shares (Includes 458,369 shares issuable within 60 days of December
31, 1997 upon the exercise of vested stock options.)
____________________________________________________________________________
8. Shared Dispositive Power
0 Shares
____________________________________________________________________________
9. Aggregate Amount Beneficially Owned by Each Reporting Person
557,032 shares (Includes 458,369 shares issuable within 60 days of December
31, 1997 upon the exercise of vested stock options.)
____________________________________________________________________________
10. Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares
Not Applicable
____________________________________________________________________________
11. Percent of Class Represented by Amount in Row 9
5.0%
____________________________________________________________________________
12. Type of Reporting Person
IN
____________________________________________________________________________
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CUSIP No. 131910101 Page 4 of 7
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SCHEDULE 13G
Item 1(a). Name of Issuer:
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Cambridge Heart, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
- ------------------------------------------------------------
One Oak Park Drive
Bedford, MA 01730
Item 2(a). Name of Person Filing:
- ----------------------------------
Jeffrey M. Arnold
Item 2(b). Address of
Principal Business Office or, if None, Residence:
- -------------------------------------------------
c/o Cambridge Heart, Inc.
One Oak Park Drive
Bedford, MA 01730
Item 2(c). Citizenship:
- ------------------------
United States of America
Item 2(d). Title of Class of Securities:
- -----------------------------------------
Common Stock, $.001 par value per share
Item 2(e). CUSIP Number:
- -------------------------
131910101
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CUSIP No. 131910101 Page 5 of 7
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Item 3. Identity of person filing pursuant to Rules 13d-1(b) or 13d-2(b):
- --------------------------------------------------------------------------
Not Applicable
Item 4. Ownership:
- -------------------
(a) Amount Beneficially Owned:
557,032 shares (Includes 458,369 shares issuable within 60 days of December
31, 1997 upon the exercise of vested stock options.)
(b) Percent of Class:
5.0%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
557,032 shares (Includes 458,369 shares issuable within 60 days
of December 31, 1997 upon the exercise of vested stock options.);
(ii) shared power to vote or to direct the vote:
0 Shares;
(iii) sole power to dispose or to direct the
disposition of:
557,032 shares (Includes 458,369 shares issuable within 60 days
of December 31, 1997 upon the exercise of vested stock options.);
(iv) shared power to dispose or to direct the
disposition of:
0 Shares.
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CUSIP No. 131910101 Page 6 of 7
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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 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:
- ------------------------
Not Applicable
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CUSIP No. 131910101 Page 7 of 7
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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.
March 25, 1998
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Date
/s/Jeffrey M. Arnold
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Jeffrey M. Arnold
