UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 7)
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)
November 28, 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
[ ]
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 disclosures provided in a prior cover page.
The information required on 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
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otherwise subject to the liabilities of that section of the
Act but shall be subject to all other provisions of the Act.
2
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CUSIP No.: 55301Q
1. Name of Reporting Persons
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 - See Item 3
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:
See Item 5
8. Shared Voting Power:
See Item 5
9. Sole Dispositive Power:
See Item 5
10. Shared Dispositive Power:
See Item 5
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11. Aggregate Amount Beneficially Owned by Each Reporting
Person
718,710 - See Item 5 (not to be construed as
an admission of beneficial ownership)
12. Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares
[ ]
13. Percent of Class Represented by Amount in Row (11)
10.92% - See Item 5
14. Type of Reporting Person
B/D
4
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CUSIP No.: 55301Q
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Robert Kanter - ID #051321390
2. Check the Appropriate Box if a Member of a Group
a. [ ]
b. [ ]
3. SEC Use Only
4. Source of Funds
N/A
5. Check Box if Disclosure of Legal Proceedings is Required
Pursuant to Items 2(D) or 2(E)
[ ]
6. Citizenship or Place of Organization
U.S.A.
Number of Shares Beneficially Owned by Each Reporting Person
With:
7. Sole Voting Power:
See Item 5
8. Shared Voting Power:
See Item 5
9. Sole Dispositive Power:
See Item 5
10. Shared Dispositive Power:
See Item 5
5
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11. Aggregate Amount Beneficially Owned by Each Reporting
Person
718,710 - See Item 5 (not to be construed as
an admission of beneficial ownership)
12. Check Box if the Aggregate Amount in Row (11) Excludes
Certain Shares
[ ]
13. Percent of Class Represented by Amount in Row (11)
10.92% - See Item 5
14. Type of Reporting Person
IN
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Electronic Trading Group, L.L.C. hereby amends and
supplements the Schedule 13D dated as of April 17, 2000
originally filed with the Securities and Exchange
Commission (the "SEC") on April 27, 2000 as amended by
(i) Amendment No. 1 dated as of April 24, 2000 filed
with the SEC on April 28, 2000; (ii) Amendment No. 2
dated as of May 24, 2000 filed with the SEC on May 26,
2000; (iii) Amendment No. 3 dated as of July 27, 2000
filed with the SEC on August 1, 2000; (iv) Amendment No.
4 dated as of September 5, 2000 filed with the SEC on
September 12, 2000; (v) Amendment No. 5 dated as of
September 14, 2000 filed with the SEC on September 18,
2000; and (vi) Amendment No. 6 dated as of September 26,
2000 filed with the SEC on September 28, 2000 (the
"Schedule") as follows:
Item 3. Source and Amount of Funds or Other Consideration
Item 3 of the Schedule is hereby amended by
inserting the following at the end of the first
paragraph thereof:
From September 27, 2000 to November 28, 2000, the
Company purchased and sold shares of the Issuer's
Common Stock resulting in an aggregate net purchase
of 89,210 additional shares through open market
transactions at average daily prices ranging from
$2.5625 to $5.0000 per share, for a net purchase
price of $194,958.44. All purchases during such
period were effected in an investment account at
Spear, Leeds & Kellogg ("SLK"), a broker-dealer,
pursuant to arrangements under which SLK may be
deemed to have extended credit in connection with
such purchases.
The last paragraph of Item 3 of the Schedule is
hereby restated as follows:
No part of the purchase price paid by the Company
for the shares of the Issuer's Common Stock, other
than as specified above, 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.
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<PAGE>
Item 4. Purpose of Transactions
Item 4 of the Schedule is hereby restated as
follows:
The Company may buy or sell additional shares of
the Issuer in the open market, depending on
business and market conditions, share price, its
continuing evaluations of the business and
prospects of the Issuer and other factors.
The Company intends to:
1. seek representation on the Issuer's Board of
Directors;
2. seek to have the Issuer grant to the Company
an option to purchase additional shares of the
Issuer, the price and amount of such shares to be
determined at a later time; and
3. enter into an agreement with the Issuer
pursuant to which the Issuer agrees not to issue
any blank check preferred stock that would have a
dilutive effect on the Company's holdings of the
Issuer's shares.
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.
Item 5. Interest in Securities of the Issuer
Item 5(a) of the Schedule is hereby deleted in its
entirety and replaced with the following:
The Company beneficially owns, in the aggregate,
718,710 shares of the Issuer's Common Stock, which
constitutes 10.9% of the Issuer's outstanding
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<PAGE>
Common Stock as of September 5, 2000, as disclosed
in the Issuer's Form 10-Q filed on September 13,
2000. Of the 718,710 shares of Common Stock
beneficially owned by the Company, Mr. Kanter may
be deemed to share with the Company (i) the power
to vote or direct the vote of all of the shares and
(ii) the power to dispose or direct the disposition
of all the shares.
Item 5(b) of the Schedule is hereby deleted in its
entirety and replaced with the following:
Of the 718,710 shares of Common Stock beneficially
owned by the Company, Mr. Kanter may be deemed to
share with the Company (i) the power to vote or
direct the vote of all of the shares and (ii) the
power to dispose or direct the disposition of all
the shares.
Item 5(c) of the Schedule is amended by inserting
the following at the end thereof:
As shown in Addendum 1 hereto, from September 27,
2000 to November 28, 2000, the Company made a net
purchase of 89,210 additional shares of the
Issuer's Common Stock in open market transactions.
Item 7. Material to be Filed as Exhibits
Item 7.1 of the Schedule is hereby amended by
deleting "September 26, 2000" in the third line and
inserting "November 28, 2000" in lieu thereof.
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<PAGE>
Addendum 1 to the Schedule is hereby amended by
inserting the following at the end thereof:
Shares Shares Average Price Per Share
Date Purchased (Sold) Position (Excluding commission)
9/27/00 (4,700) 624,800 5.0000
9/27/00 (200) 624,600 5.0000
9/28/00 4,700 629,300 4.8125
9/28/00 1,000 630,300 4.8125
9/28/00 500 630,800 4.8750
9/28/00 2,000 632,800 4.8750
9/28/00 3,800 636,600 4.9375
9/28/00 (100) 636,500 5.0000
9/28/00 (100) 636,400 5.0000
9/28/00 (100) 636,300 5.0000
9/28/00 (100) 636,200 5.0000
9/28/00 (100) 636,100 5.0000
9/28/00 (100) 636,000 5.0000
9/28/00 (100) 635,900 5.0000
9/28/00 (100) 635,800 5.0000
9/28/00 (100) 635,700 5.0000
9/29/00 100 635,800 4.7500
9/29/00 600 636,400 4.8750
10/2/00 1,000 637,400 4.6875
10/2/00 2,000 639,400 4.7500
10/2/00 1,000 640,400 4.7813
10/2/00 1,000 641,400 4.8125
10/2/00 1,000 642,400 4.8438
10/2/00 (900) 641,500 5.0000
10/3/00 1,400 642,900 4.8750
10/3/00 2,000 644,900 4.9375
10/3/00 310 645,210 4.9375
10/3/00 2,000 647,210 4.9375
10/3/00 2,000 649,210 5.0000
10/3/00 2,000 651,210 5.0000
10/3/00 (23,800) 627,410 4.7500
10/3/00 (500) 626,910 4.8125
10/3/00 (3,500) 623,410 4.8750
10/3/00 (1,000) 622,410 4.8750
10/3/00 (2,500) 619,910 4.9375
10/4/00 4,000 623,910 4.3750
10/4/00 2,000 625,910 4.4375
10/4/00 4,100 630,010 4.5000
10/4/00 6,000 636,010 4.5625
10/4/00 2,000 638,010 4.5938
10/4/00 2,000 640,010 4.6250
10/4/00 100 640,110 4.8750
10/4/00 (3,200) 636,910 4.5000
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10/4/00 (15,000) 621,910 4.5313
10/4/00 (5,000) 616,910 4.5625
10/4/00 (1,000) 615,910 4.5625
10/4/00 (200) 615,710 4.6719
10/5/00 2,000 617,710 4.3750
10/5/00 2,000 619,710 4.5625
10/5/00 1,000 620,710 4.6875
10/5/00 (2,000) 618,710 4.6875
10/6/00 2,000 620,710 4.3125
10/6/00 2,000 622,710 4.3750
10/9/00 700 623,410 4.2500
10/9/00 (10) 623,400 4.3750
10/9/00 (1,690) 621,710 4.5000
10/9/00 (1,400) 620,310 4.5625
10/9/00 (800) 619,510 4.6250
10/10/00 5,000 624,510 4.2500
10/10/00 2,000 626,510 4.3125
10/10/00 100 626,610 4.3750
10/10/00 4,000 630,610 4.3750
10/10/00 1,000 631,610 4.3750
10/10/00 1,000 632,610 4.3750
10/10/00 2,500 635,110 4.4375
10/10/00 1,000 636,110 4.4688
10/10/00 700 636,810 4.5000
10/10/00 1,000 637,810 4.5000
10/10/00 100 637,910 4.5000
10/10/00 1,500 639,410 4.5000
10/10/00 2,000 641,410 4.6875
10/10/00 2,000 643,410 4.7500
10/10/00 200 643,610 4.8125
10/10/00 900 644,510 4.8125
10/10/00 (1,000) 643,510 4.4375
10/10/00 (100) 643,410 4.5625
10/10/00 (10,000) 633,410 4.5625
10/10/00 (100) 633,310 4.5781
10/10/00 (200) 633,110 4.6250
10/10/00 (100) 633,010 4.6875
10/10/00 (100) 632,910 4.6875
10/10/00 (2,000) 630,910 4.7500
10/10/00 (3,000) 627,910 4.8750
10/10/00 (3,000) 624,910 4.9375
10/11/00 700 625,610 4.1250
10/11/00 4,000 629,610 4.1875
10/11/00 100 629,710 4.3750
10/12/00 1,500 631,210 4.1250
10/12/00 1,500 632,710 4.1875
10/13/00 (600) 632,110 4.2500
10/13/00 (700) 631,410 4.3125
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10/17/00 600 632,010 3.8750
10/17/00 4,000 636,010 3.8750
10/17/00 400 636,410 3.9063
10/17/00 400 636,810 3.9688
10/17/00 1,000 637,810 3.9688
10/17/00 1,000 638,810 3.9688
10/17/00 400 639,210 3.9688
10/17/00 2,000 641,210 4.0313
10/18/00 1,000 642,210 4.6875
10/18/00 3,000 645,210 4.7500
10/18/00 1,000 646,210 4.8125
10/18/00 1,000 647,210 4.8750
10/19/00 800 648,010 3.8125
10/19/00 (100) 647,910 4.2344
10/19/00 (400) 647,510 4.3750
10/19/00 (800) 646,710 4.1250
10/20/00 (5,000) 641,710 4.0313
10/20/00 (100) 641,610 4.0313
10/20/00 (5,000) 636,610 4.0625
10/20/00 (5,000) 631,610 4.0625
10/20/00 (500) 631,110 4.1250
10/20/00 (1,000) 630,110 4.1250
10/20/00 (1,300) 628,810 4.1875
10/20/00 (1,300) 627,510 4.2500
10/20/00 (4,200) 623,310 4.2500
10/20/00 (2,300) 621,010 4.2500
10/23/00 700 621,710 3.9375
10/23/00 (5,000) 616,710 4.0313
10/23/00 (1,000) 615,710 4.0625
10/23/00 (600) 615,110 4.0938
10/23/00 (1,000) 614,110 4.1250
10/24/00 2,000 616,110 3.8750
10/24/00 2,000 618,110 3.9375
10/24/00 1,700 619,810 3.9688
10/24/00 1,200 621,010 3.9688
10/24/00 (100) 620,910 4.1094
10/25/00 (700) 620,210 4.0000
10/25/00 (1,500) 618,710 4.0000
10/25/00 (1,600) 617,110 4.1875
10/25/00 (500) 616,610 4.2500
10/26/00 1,000 617,610 4.1250
10/26/00 (700) 616,910 4.1563
10/26/00 (700) 616,210 4.1563
10/26/00 (700) 615,510 4.1563
10/26/00 (100) 615,410 4.2344
10/26/00 (600) 614,810 4.3125
10/26/00 (100) 614,710 4.3594
10/26/00 (200) 614,510 4.3594
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10/26/00 (1,100) 613,410 4.3750
10/26/00 (2,600) 610,810 4.3750
10/27/00 (400) 610,410 4.5000
10/27/00 (200) 610,210 4.7500
10/27/00 (100) 610,110 5.0000
10/30/00 (1,900) 608,210 4.0625
10/30/00 (2,800) 605,410 4.1250
11/2/00 (2,000) 603,410 4.1250
11/2/00 (5,000) 598,410 4.2500
11/2/00 (1,600) 596,810 4.3125
11/2/00 (200) 596,610 4.1250
11/6/00 (800) 595,810 4.0625
11/6/00 (700) 595,110 4.0625
11/3/00 (900) 594,210 4.1875
11/14/00 5,000 599,210 3.6875
11/14/00 (1,700) 597,510 3.6875
11/14/00 (800) 596,710 3.8125
11/14/00 (1,700) 595,010 3.8750
11/15/00 500 595,510 3.6250
11/15/00 (1,700) 593,810 3.7500
11/16/00 2,500 596,310 3.6250
11/17/00 1,000 597,310 3.5000
11/17/00 2,000 599,310 3.5625
11/17/00 (500) 598,810 3.6875
11/20/00 2,000 600,810 3.2500
11/20/00 700 601,510 3.3125
11/20/00 1,800 603,310 3.3125
11/20/00 2,000 605,310 3.3750
11/20/00 2,000 607,310 3.5000
11/20/00 (1,000) 606,310 3.5000
11/22/00 2,000 608,310 3.4375
11/22/00 500 608,810 3.4375
11/22/00 (1,100) 607,710 3.5000
11/27/00 600 608,310 3.2188
11/27/00 500 608,810 3.2813
11/28/00 700 609,510 2.5625
11/28/00 12,500 622,010 2.6250
11/28/00 14,000 636,010 2.6875
11/28/00 2,500 638,510 2.7188
11/28/00 56,800 695,310 2.7500
11/28/00 8,200 703,510 2.8125
11/28/00 9,400 712,910 2.8750
11/28/00 8,200 721,110 2.9375
11/28/00 3,000 724,110 3.0000
11/28/00 (1,000) 723,110 2.7500
11/28/00 600 723,710 2.7500
11/28/00 (5,000) 718,710 2.7500
11/28/00 5,000 723,710 2.7500
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11/28/00 5,000 728,710 2.7500
11/28/00 (5,000) 723,710 2.7500
11/28/00 (300) 723,410 2.8125
11/28/00 (300) 723,110 2.8750
11/28/00 (4,000) 719,110 2.9063
11/28/00 (400) 718,710 2.9375
___________________________________________________________________
Subtotal from
9/27/00 to 265,310 (176,100)
11/28/00
Aggregate
9/26/00
Position 629,500
Total as of 1,173,210 (454,500) 718,710 4.7526
11/28/00
14
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SIGNATURE
After reasonable inquiry and to the best of his or
its knowledge and belief, the undersigneds hereby 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: December 1, 2000
ROBERT KANTER
/s/ Robert Kanter_______
Date: December 1, 2000
15
02764001.AB0
