UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
M.H. Meyerson & Co., Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
55301Q
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(CUSIP Number)
Gregg Giaquinto
111 Broadway, 3rd Floor
New York, New York 10006
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(Name, Address and Telephone Number of Person
Authorized To Receive Notices and Communications)
April 17, 2000
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on
Schedule 13G to report the acquisition which is the subject
of this Schedule 13D, and is filing this schedule because of
Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[ ]
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CUSIP No.: 55301Q
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Electronic Trading Group, L.L.C. - ID #133802811
2. Check the Appropriate Box if a Member of a Group
a. [ ]
b. [ ]
3. SEC Use Only
4. Source of Funds
WC
5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(D) or 2(E)
[ ]
6. Citizenship or Place of Organization
Illinois
Number of Shares Beneficially Owned by Each Reporting Person
With:
7. Sole Voting Power:
325,000
8. Shared Voting Power:
0
9. Sole Dispositive Power:
325,000
10. Shared Dispositive Power:
0
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11. Aggregate Amount Beneficially Owned by Each Reporting
Person
325,000
12. Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares
[ ]
13. Percent of Class Represented by Amount in Row (11)
5.0%
14. Type of Reporting Person
B/D
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Item 1. Security and Issuer
This statement on Schedule 13D (the "Statement")
relates to the common stock, par value $0.01 per share
(the "Common Stock"), of M.H. Meyerson & Co., Inc., a
New Jersey corporation (the "Issuer"), with its
principal executive offices at 525 Washington Boulevard,
Jersey City, New Jersey 07310.
Item 2. Identity and Background
This Statement is being filed by Electronic Trading
Group, L.L.C. (the "Company"), a limited liability
company organized under the laws of the State of
Illinois. The Company is a broker-dealer registered
under the Securities Exchange Act of 1934, as amended,
and a member of the National Association of Securities
Dealers, Inc. The principal office of the company is
111 Broadway, Suite 300, New York, New York 10006. The
Registered Agent and Office of the Company is Jeffrey S.
Mester, 40 Skokie Boulevard, Suite 100, Northbrook,
Illinois 60062.
(d) During the last five years none of the
Managing Members of the Company has been convicted in a
criminal proceeding (excluding traffic violations or
similar misdemeanors).
(e) During the last five years none of the
Managing Members of the Company has been a party to a
civil proceeding of a judicial or administrative body of
competent jurisdiction, and therefore none of such
persons was or is subject to a judgment, decree or final
order enjoining future violations of, or prohibiting or
mandating activities subject to, Federal or State
securities laws or finding any violation with respect to
such laws.
Item 3. Source and Amount of Funds or Other Consideration
As set forth in Addendum 1, from February 29, 2000
to March 27, 2000, the Company purchased and sold shares
of the Issuer's Common Stock through open market
transactions at average daily prices ranging from
$4.0389 to $6.5495 per share. On March 27, 2000, the
Company owned no shares of the Issuer. From March 28,
2000 to April 17, 2000 the Company purchased shares of
the Issuer at prices ranging from $3-7/8 to $6-3/4 per
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share for an aggregate purchase price of $1,576,546.94,
all of which was paid in cash that was deducted from the
Company's working capital.
No part of the purchase price paid by the Company
is or will be represented by funds or other
consideration borrowed or otherwise obtained for the
purpose of acquiring, holding, trading or voting the
securities.
Item 4. Purpose of Transactions
The Company may buy or sell additional shares of
the Issuer in the open market, depending on business and
market conditions, its continuing evaluation of the
business and prospects of the Issuer and other factors.
Although it has no current plans to do so, the
Company may in the future:
1. engage in an extraordinary corporate
transaction, such as a merger, reorganization
or liquidation, involving the Issuer or any of
its subsidiaries; or
2. acquire a sufficient number of additional
shares to exercise control of the Issuer.
The Company has no present plans to engage in any
of the other actions listed in Item 4 of the instructions to
Schedule 13D.
Item 5. Interest in Securities of the Issuer
a) The Company beneficially owns, in the
aggregate, 325,000 shares of the Issuer's Common
Stock which constitutes 5.0% of the Issuer's
outstanding Common Stock as of November 24, 1999.
None of the Company's Member-Managers or Members
owns any shares of the Issuer's Common Stock.
b) Of the 325,000 shares of Common Stock
beneficially owned by the Company, the Company
possesses the sole power to vote or direct the vote
of all of the shares and the sole power to dispose
of or direct the disposition of all shares.
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c) As shown on Addendum 1 hereto, from February
29, 2000 to March 27, 2000, the Company purchased
and sold shares of the Issuer. On March 27, 2000,
the Company owned no shares of the Issuer. From
March 28, 2000 to April 17, 2000, the Company
purchased and sold shares of the Issuer's Common
Stock resulting in an aggregate purchase of 325,000
shares. The shares were acquired in the open
market for investment purposes.
d) Aside from the Company, no other person is
known to have the right to receive or the power to
direct the receipt of dividends from, or the
proceeds from the sale of, such securities.
e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or
Relationships with Respect to Securities of the
Issuer
There are no contracts, arrangements, undertakings
or relationships (legal or otherwise) between the Company
and any other person with respect to any of the Issuer's
securities.
Item 7. Material to be Filed as Exhibits
1. A list of the transactions in the Shares that
were effected by the Company during the
60 days prior to April 17, 2000 is filed
herewith as Addendum 1.
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.
ELECTRONIC TRADING GROUP, L.L.C.
/s/ Robert Kanter
_____________________________
By: Robert Kanter
Title: Member Manager
Date: April 27, 2000
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Addendum 1
SCHEDULE OF TRANSACTIONS
Shares Shares Average Price Per Share
Date Purchased (Sold) Position (excluding commission)
2/29/00 100 0 100 5.20
3/22/00 13,200 0 13,300 5.44
3/22/00 (100) 13,200 5.3
3/23/00 14,500 0 27,700 5.54
3/24/00 26,550 54,250 6.30
3/24/00 (55,100) (850) 6.23
3/27/00 850 0 6.58
3/28/00 9,600 0 9,600 6.5495
3/29/00 8,900 (10,100) 8,400 6.5116
3/30/00 13,200 (5,200) 16,400 6.000
3/31/00 13,000 0 29,400 5.8587
4/3/00 18,400 (4,200) 43,600 5.9239
4/4/00 75,300 (100) 118,800 5.1596
4/5/00 25,200 (7,800) 136,200 4.7175
4/6/00 18,100 (3,900) 150,400 5.0259
4/7/00 9,000 0 159,400 5.0806
4/10/00 19,700 0 179,100 5.1101
4/11/00 5,700 0 184,800 5.1047
4/12/00 25,800 0 210,600 4.9921
4/13/00 14,000 0 224,600 4.7500
4/14/00 49,500 0 274,100 4.3283
4/17/00 50,900 0 325,000 4.0389
__________________________________________________________________
Total 356,300 (31,300) 325,000 4.8509
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02764001.AA0
